Source of Funds Document Redaction with anonym.plus

Clear customer identifiers from a proof of origin before review or training.

In simple terms, PII redaction is the on-device process of finding and masking personally identifiable information in a document before it is shared.

A source of funds document proves where a customer's money came from. MLR 2017 reg 33 asks for that evidence in an enhanced review, alongside source of wealth. Reg 28 wants it verified independently of the customer. anonym.plus removes names, identifiers, and account data from a sample on your device.

When this applies

The proof is often a property completion statement, a share sale, or an inheritance letter. For a politically exposed person the same enquiry is compulsory under MLR 2017 reg 35. A team coaching staff on what to ask for needs the reasoning, not the customer.

How anonym.plus handles it

  1. Open the file in anonym.plus on your device.
  2. Local OCR reads scanned bank letters in it.
  3. The tool flags names, identifiers, and account data.
  4. Keep the fund-origin reasoning for the lesson.
  5. Swap each identifier for a label.
  6. Save the clean sample locally.

What you need to provide

PII & financial identifiers detected

Categoryanonym.plus entity typeExample
NamesPERSONEva Roth → [CUSTOMER]
IdentifiersUK_NINOQQ 11 90 77 A → [NINO]
FinancialIBAN_CODEGB82 WEST 1234 → [IBAN]
MoneyMONEY£120,000 sale → [AMOUNT]
DatesDATE_TIMEdeed 2024 → [DATE]
LocationLOCATIONManchester, UK → [LOCATION]

Compliance achieved

Anonymise funds-origin evidence files offline — see plans & start free →

Limitations & cautions

The firm must keep the original for the reg 40 period. Clean only a training or review copy. A rare asset sale tied to a year can still hint at one customer, so review what stays.

Frequently asked questions

Can I redact the original I retain under MLR 2017?

No. Reg 40 keeps it for five years. Redaction makes a safe sample for training or review.

What counts as an independent source?

Reg 28 asks for verification from a reliable source independent of the customer. A bank statement, a completion statement, or a public register meets that better than the customer's own assertion.

Are cross-border bank letters handled?

Yes. The tool covers 48 languages, so foreign letters are flagged consistently.