To ensure compliance with international laws and prevent illicit activities such as money laundering (AML) and the financing of terrorism (CFT), financial institutions and service providers carefully evaluate countries for transaction eligibility.
Certain countries may be classified as restricted due to factors such as:
– Sanctions: Imposed by international bodies like the United Nations, European Union, or specific countries.
– High Money Laundering Risks: Jurisdictions identified by organizations like the Financial Action Task Force (FATF) as having inadequate anti-money laundering controls.
– Weak Regulatory Environments: Countries with insufficient oversight or poor enforcement of financial regulations.
– Political Instability or Corruption: Regions where political or economic instability poses heightened financial risks.
By adhering to these guidelines, financial systems uphold security, transparency, and compliance with global standards. Please refer to our detailed list of approved and restricted countries to ensure your transactions are compliant.
This document outlines the countries approved for participation in the Mastercard program. Transactions and services are only permitted in jurisdictions that comply with Mastercard’s regulatory, security, and compliance standards. The list reflects adherence to international guidelines, including anti-money laundering (AML) and counter-terrorism financing (CFT) measures.