Mapped to LSAG & CLC enhanced due diligence
Every crypto deposit,
traced to its source.
ClearSource writes an independent source-of-funds report for property purchases funded with crypto. We trace the coins, screen every wallet and reconcile the money to the bank statement, so the file stands up to enhanced due diligence.
How a report is built
Documents
3 of 3 receivedSecure upload link sent to client · 9 Oct 2026, 10:12
- CSVcoinbase_transactions_2023-2026.csvCoinbase · 48 rowsParsed
- PDFmonzo_statement_mar23-oct26.pdfMonzo ••4821 · 14 pagesParsed
- BTCbc1qxy2k…fjhx0wlhLedger hardware wallet · public addressFound on-chain
We never ask for seed phrases, private keys or exchange logins.
Funds trace
6 steps · no gaps- Mar 23 – Jan 24Bought 0.92 BTC on Coinbase from Monzo ••4821£19,340.00E1 E4
- 20 Jan 20240.50 BTC withdrawn to Ledger wallet0.5000 BTC#828,441
- 28 Sep 20260.50 BTC returned to Coinbase0.5000 BTC#912,106
- 29 Sep 2026Sold 0.92 BTC at £67,999£62,560.00E2
- 30 Sep 2026Withdrawn to Monzo ••4821£62,480.00E3
- 2 Oct 2026Paid to Harrison Cole LLP client account£62,480.00E4
Wallet screening
All clear| Address | Type | Sanctions / blacklist | High-risk exposure | |
|---|---|---|---|---|
| bc1qxy2k…x0wlh | Client (Ledger) | Not listed | Below 50% | Clear |
| bc1qcb9…m3p7v | Coinbase deposit | Not listed | Below 50% | Clear |
| bc1q3fa…k82dz | Coinbase hot wallet | Not listed | Below 50% | Clear |
- OFAC SDN list and AMLBot blacklist checked 14 Oct 2026
- Client wallet: 99.4% exchange-sourced, 0% from sanctions, darknet or mixers
- No third-party wallets in the trail
Bank reconciliation
Ready for analyst sign-off| Coinbase sale proceeds | 62,560.00 | Trade TRADE-9X7K2M |
| Less exchange fee | (80.00) | Coinbase fee line |
| Coinbase GBP withdrawal | 62,480.00 | WD-62480-UK |
| Monzo incoming credit | 62,480.00 | Statement p.12 |
| Client account receipt | 62,480.00 | Statement p.12 |
Crypto money is treated like cash. Most files can’t show where it came from.
The CLC expects enhanced due diligence on crypto-funded purchases. An exchange screenshot doesn’t show how the coins were bought, where they moved, or whether they touched a sanctioned wallet.
of files in the SRA’s 2024–25 review didn’t properly scrutinise source of funds or wealth.
of files in the same review had no source-of-funds check at all.
from your client’s documents to a signed ClearSource report.
One report for everyone on the transaction.
The same evidence answers the conveyancer’s EDD questions, the lender’s underwriting check and the broker’s deposit query.
Close the EDD file with evidence, not screenshots.
The report answers the enhanced due diligence questions for crypto-derived funds, and every answer points to the document behind it.
- Mapped to the LSAG and CLC EDD questions
- Analyst-signed PDF, ready for the file
- Can be billed to the client as a disbursement
EDD checklist · CS-0142
- Where did the money originally come from?
- GBP transfers from the client’s own Monzo account, 2023–24.
- Has every wallet been screened?
- Yes. 3 addresses, OFAC list and AMLBot screening.
- Does the amount reconcile?
- £62,480.00, matched exactly.
- Any third-party wallets or mixers?
- None identified.
Get crypto-funded deposits through underwriting.
Lenders want to see where a deposit came from before they’ll move. Send them one report instead of a folder of exchange screenshots.
- Lender-ready summary on page one
- 48-hour turnaround, inside your offer timeline
- Your client pays; you stay in control of the case
Deposit summary · CS-0142
- Deposit
- £62,480.00
- Origin
- Bitcoin bought 2023–24 from the client’s own bank account
- Cost basis
- £19,340.00
- Growth
- Consistent with recorded BTC prices
- Screening
- Clear
The same standard on every crypto deposit.
Underwriters get the same structure on every case: trace, screening, reconciliation, gaps. Exceptions are flagged at the top, not buried in an appendix.
- Gaps and exceptions listed first
- Every figure cited to a source document
- One format across every broker and firm
Exceptions · CS-0142
- Fiat origin evidencedYes
- Third-party walletsNone
- Mixers, bridges or privacy coinsNone
- Unaccounted holding periodsNone
- Unexplained difference£0.00
Hand clients a report their solicitor will accept.
You already hold the transaction history. Refer the client and we turn it into a source-of-funds report the conveyancer can use in their own checks.
- Works from exchange and tax-software exports
- Your client’s tax work stays with you
- Ask us about referring clients
What we work from
- Exchange CSV exportsCoinbase, Kraken, Binance…
- Tax-software exportsKoinly, Recap
- Public wallet addressesBTC, ETH, EVM chains
- Bank statementsPDF
Every figure in the report points to the document it came from. If something can’t be traced, the report says so on page one.
E1Coinbase CSV rows 14, 27, 35 E2Trade TRADE-9X7K2M E3Withdrawal WD-62480-UK E4Monzo statement p.3, 5, 7, 12 See a sample report →
Nothing to install. One link for your client.
You instruct us by email. We deal with the client, the documents and the follow-up questions.
Instruct
Send the client’s name, the deposit amount and your matter reference.
Upload
Your client gets a secure link for exchange exports, wallet addresses and bank statements.
Trace
We trace, screen and reconcile. An analyst reviews and signs every case.
Receive
A signed PDF report for your file, usually within 48 hours of complete documents.
One price per report.
No subscription and no setup fee. Bill it to your client as a disbursement, or have the client pay us directly.
Standard report
£149per report
For most crypto-funded deposits.
- Several exchanges and personal wallets
- Sanctions and risk screening on every address
- Reconciliation to the bank statement
- EDD checklist and analyst sign-off
- 48-hour turnaround
Complex case
from £395quoted first
DeFi, bridges, 10+ wallets or long histories.
- Everything in Standard
- DeFi protocols and cross-chain bridges
- Fixed quote before any work starts
Pilot offer: your firm’s first three reports are free.
Built for your compliance file.
What we collect, how we hold it and when we delete it, agreed in writing before the first case.
Data protection
UK GDPR. We act as your processor under a data processing agreement signed before we receive any client data.
No keys, ever
We only use public wallet addresses and exports. We never ask for seed phrases, private keys or exchange logins.
Encryption
TLS 1.2+ in transit and AES-256 at rest. Multi-factor sign-in for everyone with access to case files.
Retention
Case files are deleted 90 days after delivery unless you instruct otherwise.
Sub-processors
Listed in full in the agreement. We give 14 days’ notice before adding one.
Independence
We report what the evidence shows. The firm keeps its own risk assessment; the report is an input to it, not a replacement.
Questions firms ask.
Anything else, ask us on a call.
Does this replace our own due diligence?
No. Under the Money Laundering Regulations your firm keeps responsibility for its own risk assessment. The report gives you the evidence and the analysis to make that assessment properly.
What does the client need to provide?
Exchange transaction exports, the public addresses of any personal wallets, and bank statements covering the purchases and the final transfer. We send them a checklist and a secure upload link.
What if the trail has gaps?
We list every gap on the first page, say what evidence would close it, and ask the client for it before we finalise. We never paper over a gap.
Which coins and chains do you cover?
Bitcoin, Ethereum and the major EVM chains, plus any exchange that provides a transaction export. Unusual assets are quoted as complex cases.
Who pays, the firm or the buyer?
Either. Most firms pass it on as a disbursement, the same way they handle search fees.
Send us your next crypto-funded purchase.
A 15-minute call. Bring a live case if you have one.