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A complete guide for large transactions

If you need to process a large transaction through your Narvi account, our team may need to verify additional information about your specific business activity and the transaction.

What you need to know

Depending on the amount you need to transfer, Narvi may also need to check the source of the funds for the transaction, including evidential documentation, to comply with our banking checks requirements.

If you plan on requesting a large transaction through Narvi, it is always helpful to gather relevant documentation beforehand and send it to our team even before requesting the transaction so that we can ensure the fastest processing possible once the transaction is requested through your account.

What type of documents can be helpful?

Further down, we list examples of documents we might ask for, depending on the circumstances and your type of business.

What type of information are we looking for?

Your documents must show information containing your business name, relevant amounts commensurate with the transaction volume, and the relevant counterpart when applicable.

If we ask to see proof of where your money came from, sharing as many of the documents listed below is always preferable. We might contact you if we need more information.

List of documents you may need to provide

Please note these are just examples, and we could ask for documents not on this list while we do our best to ensure the most frequent and often sufficient documents are included here.

Business revenue

If the money you are sending comes from business revenue, we might ask to see documents that show:

  • your business name

  • transaction dates

  • transaction amounts

  • the senders

  • the recipients

Here are some examples of documents you could use:

  • Last audited financial statements

  • Business bank statements from the last three months

  • Invoices with clients related to the relevant transactions

  • Business contracts with clients related to the relevant transactions

Investments

If the funds come from investments, we might ask to see documents that show:

  • the date your business received the money

  • the amount received

  • the type of investments (stocks, bonds, cryptocurrencies, etc.)

  • names of the parties involved

  • signatures of the parties involved

Here are some examples of documents you could use:

  • confirmation from your investment company, bank, or dividend payer

  • bank statements showing your business received the money

  • Document

Loan or funding

If the funds come from a loan or third-party funding, we might ask to see documents that show:

  • the date your business received the money

  • the amount received

  • names of the parties involved

  • addresses of the parties involved

  • signatures of the parties involved

  • the loan purpose

  • the payment purpose

Here are some examples of documents you could use:

  • signed loan contract, investor agreement, or similar

  • bank statements showing your business received the money

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