Why is the flow of funds important and why must I make it? Why can’t you make the flow of funds based on our project’s understanding (as you comprehend it)?

The flow of funds is extremely important. You may have worked on it for months, Solution Providers usually glance at it for 5 minutes before making their decision. If you can elaborate on your Flow of Funds (FoF) and transaction set, it would help immensely. Also, we need it from you, for legal reasons, so that nothing was lost in translation and also, the way ‘you’ envisioned it.

You can draw it on a white-board or a white-piece of paper. Use your mobile phone to record while you explain what all is going on, how the transaction is originating, and how the transaction is terminating.

Once you’ve done this, you can WhatsApp it to us.

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This page was last updated on January 29, 2024.

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