I wire-transfer tens-of-thousands of USD / month from my bank to my wealth-management company for perfectly valid reasons (e-commerce revenue), primarily to exchange to CAD (far better rate than bank) for funding payroll and/or purchase Investments.
With each transfer, my investment company has me fill-out / sign a form declaring Source of Funds.
If the gov’t finds anything suspicious, there’s an airtight paper-trail for all these transactions.
With each transfer, my investment company has me fill-out / sign a form declaring Source of Funds.
If the gov’t finds anything suspicious, there’s an airtight paper-trail for all these transactions.
Nothing to see here.