In compliance with recommendations of the FATF (Financial Action Task Force on Money Laundering Prevention), an international Anti-Money Laundering (AML) body, CommerceGate is going to put additional countries on its internal blacklist.
In compliance with recommendations of the FATF (Financial Action Task Force on Money Laundering Prevention), an international Anti-Money Laundering (AML) body, CommerceGate is going to put additional countries on its internal blacklist.
In our continuous efforts to keep up with the latest updates concerning International Anti-Money Laundering Regulation, we would like to advise you that the following 3 new countries are going to be blocked for processing transactions as of the 29th of October 2021:
- JORDAN JO
- MALI ML
- TURKEY TR
Let us remind you that for blocked countries, during the period of their presence in FATF and EU AML blacklists, card payment transactions or Merchant accounts via CommerceGate would not be available.
If you have any questions or need clarification please do not hesitate to contact your Account Manager.
We wish you all the best for your business endeavors. Sincerely Yours,
CommerceGate Compliance Team
