Binance Source of Funds: Documents and Review Time

Binance’s own figure for the review is up to 3 to 10 business days after you submit, and a resubmission or a follow-up request can stretch it. You answer from inside your account. On the Binance website, hover over the profile icon and choose [Account], then [Identification], then [Verify Now].

The request is Binance’s Enhanced Due Diligence (EDD) check. It asks three things: whether you, a relative or a close associate is a Politically Exposed Person (PEP); where the money you deposit comes from, which is your source of funds; and how you built everything you own, which is your source of wealth. Each source you tick then needs a document from Binance’s list. Every document must show your full name, and several must be dated within the last 3 months.

Answering the enhanced due diligence (EDD) request, screen by screen

Log in to your personal Binance account on the website, hover over the profile icon and choose [Account], then [Identification].
Select [Verify Now]. Binance’s page asks you not to refresh the browser during the process.
Answer the PEP question. The page’s wording is “Declare if you are a Politically Exposed Person (PEP) or related to PEP.”
Tick every source of funds and wealth that applies to you. Binance’s instruction is “Check all boxes that apply”.
Upload the documents for each source you ticked. The page’s [Source of Funds and Wealth Documents] link shows what counts, with samples.
Submit, then wait for the review.

Binance spells these steps out in words for the website only; for the app, its page has pictures captioned “On the Binance App”.

The PEP question is about public roles. Binance’s EDD page describes a PEP as someone who “currently holds, or has previously held, a significant public role”. Its examples are a senior government official and a high-ranking executive of a state-owned enterprise, and the definition covers their immediate family members and close associates too. If that describes you or someone close to you, answer yes. The page says you are required to declare it, though not what changes after a yes.

Source of funds and source of wealth are two separate answers. The EDD page puts the difference in one line: “SOW explains how you built your total wealth, while SOF explains where the deposited money comes from.” Binance’s separate guide to the two goes further. Source of funds is the origin of “the specific fiat money or crypto funds you are depositing”, and it “should not be mistaken with your regular ‘income’”. The guide’s own example is someone whose wealth comes from their career but whose deposit came from a one-time house sale. The career answers the source of wealth question, and the house sale is the source of funds.

If the request arrives before you’ve deposited anything, the same guide asks you to declare the activities you’ll use to build up the money you plan to deposit.

Is the request really from Binance?

A real request and a fake one can use the same words, so judge a message by how it reached you. Run these checks before you open any attachment or link in it.

Open Binance yourself, through the app already on your phone or an address you type, and go to [Account] → [Identification]. That is where the EDD page sends you, and Binance’s SMS safety page says “All account-related issues are handled exclusively through the Binance app or website.” If you can’t find a request there, ask Customer Support from inside the app before you act on the message.
Look for your anti-phishing code. Binance puts the code you set into its genuine emails and into some SMS, and its page says that if the code is “incorrect or missing, it may be a phishing attempt”. If you haven’t set one yet, it’s in the app under your profile, then [Security] → [Anti-Phishing Code] → [Create].
Put the email address, phone number, link, Telegram account or social media account that contacted you into Binance Verify.
Treat a call-back request as a fake. Binance’s SMS page says a message claiming to be from Binance that asks you to call, and hasn’t been confirmed through the app, is a scam.

Never upload a bank statement, payslip or tax return through a link that came in a text, a chat or a DM, and never send one to someone who called you. The real upload happens inside your account after [Verify Now], and none of its steps asks you to pay anything.

For texts, calls and DMs that claim to be exchange support, the five checks before you reply go further than the source-of-funds case.

Binance source of funds documents for each kind of income

Find the row for each box you ticked; the rows come from the Acceptable Documents tab on Binance’s EDD page. Every document has to show your full name, and one document from a row is enough unless the row says and.

Source you ticked	Send one of these	What it has to show
Salary	Payslip, bank statement or tax statement	Payslip and bank statement dated within the last 3 months, the statement showing salary deposits; the most recent tax statement, all pages
Self-employment	Tax statement or bank statement	Most recent tax statement, all pages; bank statement within 3 months showing income payments
Savings	Bank statement	The account balance, dated within the last 3 months
Allowance or family support	Bank statement or a signed allowance letter	The allowance payment in any of the last 3 months; the letter gives amount and frequency and is signed by whoever provides it
Pension or social benefits	Bank statement, benefits statement or a letter from the provider	The pension payment within 3 months; the most recent statement; the letter confirms name, amount, frequency and period
Dividends or company profit	Bank statement, tax statement, or dividend statement or distribution agreement	The most recent one; the bank statement and dividend statement show the dividend, the tax statement all pages
Loan or mortgage from a bank or financial institution	Bank statement or the loan or mortgage agreement	The loan deposit amount, or the loan amount
Private or personal loan	Affidavit letter or contract and a bank statement	Both: the loan amount, and the loan deposit reaching your account
Sale of crypto	Exchange statements or transaction receipts and a tax or bank statement	Both: the sale transactions, and the proceeds or profit under your name
Real estate	Owned: deed or title, tax statement or purchase contract. Sold: tax statement, sale contract or closing statement	Your name, plus what that document records: the address, value, purchase or sale price, or profit
Inheritance	Tax statement, copy of the will, or a signed letter from the executor, a lawyer or grant of probate	The amount you received

The source of funds documents checker gives Binance’s full wording for each box you tick, and turns “within the last 3 months” into a calendar date for the day you upload.

No payslip? Binance’s FAQ tab answers three cases directly. If you’re self-employed, send the most recent tax statement or a bank statement from the last 3 months showing your name and the income payments; a business registration document is optional. If you’re a student, send documents that match where your money comes from, such as a bank statement showing your allowance or any employment income. If you’ve been out of work and living on savings, a bank statement from the last 3 months showing your full name and the savings balance is the answer.

Money from selling crypto needs a pair. The first document, an exchange statement or transaction receipts, shows the sales. The second, a tax or bank statement, shows the proceeds or profit under your name. Binance’s guide adds that a crypto account statement should “Display your Unique Account ID (UID) and verified email address.” To compare what other exchanges accept for the same thing, what exchanges accept as proof of crypto funds sets their rules side by side.

Tick what is true, then prove it. Binance’s step 4 says you are “required to provide accurate information and upload valid official documents for all selected sources.” So the declaration and the documents have to tell the same story. If the money came from two places, such as savings plus a crypto sale, tick both and send documents for both.

When an upload comes back with a red banner

Before the first upload, check each file against the standards in Binance’s guide to source of wealth and source of funds (updated 24 June 2026):

The name on the document matches the name on your Binance account.
It shows your full name, the issuer’s logo and a clear date of issue.
It’s sharp. The guide asks for 300 DPI, all four corners visible, and no cropping, blur or filters.
It’s a PDF, JPG or PNG. In the guide’s words, “Excel or Word documents are generally rejected.”
It’s an original PDF where you can get one, which the guide prefers. A screenshot counts only if it shows “the full page including the URL with your or your company’s name and the date”.

If a file still comes back, match what you see to one of these.

Binance’s page puts it this way: “After uploading your document, if the system detects any issues, you’ll see a red banner below the file.” Tap the file name to see the reason. Then tap [Upload again] or [Try again], or choose [Upload a different file] on the preview page. You can also go back to the source page, remove the file with [x] and upload another. Fix the thing the reason names before you upload again, for example with a full-page PDF in place of a cropped photo.

None of the listed documents for a source

Tap [Can’t provide this document?], then [pick a source] in the pop-up. Binance says this takes you back to the source list to “choose different source(s) of funds that are applicable”. Pick another source only if your money really did also come from it and you can document that, never just because its documents are easier to get. If none of the sources that apply to you has a document you can get, take that to Customer Support rather than to the tick boxes.

“Verification failed” again and again

Binance’s FAQ, under “If you keep getting verification failed messages”, gives two ways back. Tap the retry icon and choose [Start over], which clears your previous uploads, or tap [Keep editing] to go back to the upload page and re-upload. If neither works, tap the headphones icon to reach Customer Support and send “a screenshot of the exact message you’re seeing”.

If your upload checks failed and the red banner shows [Need help?], tap it. Binance’s page says this sends you to Customer Support, who will help you complete the submission.

Once you’ve replaced a file with a corrected copy and the banner gives the same reason again, we’d stop uploading, because Binance’s page says resubmissions can extend the review, even though it sets no limit on attempts. Use [Need help?] if the banner shows it, or the headphones icon if it doesn’t.

How long the review takes, and what happens if you leave it

Step 5 of the EDD page says: “After completing the Source of Funds & Wealth Declaration, please allow up to 3 to 10 business days for review.” It adds that “Resubmissions or additional requests may extend the review.” That’s the figure the EDD page gave when we checked it in October 2026; if the request in your app gives a different one, go by the request.

The verification wait clock counts business days from the date you submitted, so you can see which date the 10th one falls on. Binance’s page doesn’t say what counts as a business day where you live, what order requests are reviewed in, or what happens once 10 business days pass without a reply. If that date has gone by, contact Customer Support through the headphones icon rather than sending the same documents again.

The page says you’ll be notified by email and in the Binance App once the review is done. If Binance needs more, it says it will reach out to you after you submit. Answer that follow-up the same way, from inside your account.

If you don’t answer at all. The FAQ says, without naming the features or giving a deadline, that failing to provide the information “may lead to some features or services being restricted or temporarily unavailable until the verification is completed.” If a restriction notice has already appeared on your account, what each Binance restriction notice means matches the notice to the way it lifts.

Already verified and still asked? The FAQ says the extra information keeps your account in line with “the latest regulatory and security standards”, and Binance’s guide links these checks to anti-money laundering and counter-terrorist financing rules, but neither page says what led to a particular account being asked. Whatever the reason, the documents are what move the request forward. For the wider pattern of exchanges re-checking accounts that already passed, see why verified accounts get asked to verify again.

Worried about sending a payslip? Binance’s FAQ answers “I feel unsafe providing details of my payslip” by describing its own systems, with “strong encryption” and physical, electronic and procedural safeguards. The part you control is where the payslip goes.

Binance Asking for Source of Funds? What to Send and How Long It Takes