Proof of Funds Service

Proof of Funds Service Highlights

• Purpose of Proof of Funds: A Proof of Funds letter (POF) is a document from a financial institution verifying that an individual or entity has sufficient liquid assets to cover a specific transaction, such as a real estate purchase or business acquisition.
• Key Information Included: POF letters typically state the account holder's name, the financial institution's name, the date, and the exact amount of funds available. They confirm the funds are readily accessible.
• Common Uses: Widely used in real estate transactions to show sellers that a buyer is financially capable of completing the purchase. Also utilized in business deals, investments, and sometimes for visa applications.
• Issuing Financial Institutions: These documents are usually issued by banks, credit unions, or other licensed financial institutions. The issuing institution must be reputable and able to verify the funds.
• Validity and Verification: POF letters have an expiration date and can be verified by the recipient directly with the issuing bank. Ensure the letter is current and from a legitimate source.

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	This item Proof of Funds Service —	Moniepoint POS Terminal & Loan Services ₦ 25,000	Business Loan Up to NGN 10,000,000 ₦ 10,000,000
Price	—	₦ 25,000	₦ 10,000,000