Bank Request

Bank Requests Proof of Funds
for Your Crypto Assets?

Your bank is asking for proof of the origin of your crypto assets? This is happening more and more frequently. Here you will learn step by step how to respond correctly and which documents you need.

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What it means

What the Request Means for You

The bank is not asking out of distrust, it is legally required to. Three things matter for you: what the bank wants to see, how much time you have, and what happens if you do not deliver. The regulatory background is covered in the guide to proof of funds.

01_WHAT_REQUESTED

Origin and History

The bank wants to see where your coins came from and how they moved until the money reached your account. A tax report does not show this. What is needed is the complete transaction history.

02_THE_DEADLINE

The Deadline in the Letter

The letter states a deadline. Read it first and plan backwards. If the time is not enough for a tangled portfolio, request an extension early instead of submitting something incomplete.

03_ACCOUNT_RISK

What Else Is at Stake

Without complete proof, the bank can restrict your account: block transfers, delay withdrawals, or end the business relationship. A clean response clears that up.

Step by Step

How to Respond to a Bank Request

The right response to a bank letter determines whether your account gets unblocked. These steps are crucial:

1

Review the letter

What exactly is being requested? What is the deadline?

2

Gather documents

Exchange exports, wallet addresses, transaction history

3

Prepare documentation

Chronological, complete, understandable for bank staff

4

Submit on time

Respond completely, request a deadline extension if needed

Step 3 is the decisive one: a complete trail that bank staff without crypto knowledge can read. This is exactly where TX-Partner steps in when your portfolio spans multiple exchanges, chains, or DeFi protocols.

What the bank wants to see

One Proof, Two Sides

The bank wants to see the origin and the history of the funds. That splits into two parts you should keep cleanly apart.

THIS IS WHAT TX-PARTNER HANDLES

The Crypto Data Trail

Where your coins came from and how they moved: wallet mapping, the complete transaction history across all exchanges and chains, on-chain verification by transaction hash, prepared in a bank-ready format. This is the work a raw tool export fails at.

THIS IS YOURS TO PROVIDE

The Origin of the Money

Where the capital for the purchases came from (salary, a sale, an inheritance, a gift) is something you prove through your own records and your bank. This side is not a crypto question and sits with you.

Common Mistakes

These Mistakes Most People Make with Bank Requests

1

Only sending the tax report

Banks don't want a tax summary. They want the transaction history. A tax report answers the wrong question.

2

Responding too late

Letting the deadline pass signals to the bank that something is wrong. It is better to request a deadline extension than not to respond at all.

3

Incomplete documentation

Missing wallets or time periods lead to follow-up questions. Every gap raises red flags.

4

Responding without professional help

For complex DeFi portfolios or multiple chains, professional documentation is often the faster and safer route.

How TX-Partner Helps

What TX-Partner Specifically Delivers

TX-Partner reconstructs and documents the full path of your crypto assets and delivers exactly the data foundation your proof of funds for the bank is built on. A tax report answers a different question and is not enough for the bank on its own.

Wallet Discovery

Identify all wallet addresses and trace the transaction flow between wallets, exchanges, and DeFi protocols.

Transaction History

Complete, chronological documentation of all crypto transactions with timestamps, amounts, and fiat equivalents.

Bank-Ready Documentation

The prepared documentation is structured so that bank employees without crypto knowledge can review the proof of funds.

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Bank Request professionally answer.

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Frequently Asked Questions

What We Get Asked Most

Yes. Banks are legally required under anti-money laundering regulations (AML) to restrict or freeze accounts when the source of funds is unclear. That is why a quick and complete response is important.
A tax report alone is usually not enough. Banks want a traceable documentation of the entire transaction history: where the cryptocurrencies came from, how they developed, and where they went.
DeFi transactions require special explanation for banks. On-chain data can ensure traceability. TX-Partner reconstructs DeFi histories and prepares them in a bank-compliant format.
It depends on the complexity of the portfolio. For exchange-only portfolios, documentation can be ready in a few days. For DeFi activity across multiple chains, expect 1-3 weeks for a complete preparation.
Missing the deadline can lead to account suspension or a report to the financial intelligence unit. If the deadline is tight, you should request an extension and start working on the documentation at the same time.

Note: TX-Partner does not issue a proof of funds in the legal sense of the Austrian FM-GwG (Financial Markets Anti-Money Laundering Act) or comparable regulations. TX-Partner provides the complete crypto accounting (transaction history, wallet mapping, on-chain verification) that serves as the data foundation for such proof. Review and acceptance is at the discretion of the respective financial institution.