Sanctions Compliance

VectorPay LLC complies with the economic sanctions programs administered by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and with applicable U.S. export control and anti-money-laundering law. We do not knowingly provide services to, or process transactions for, any person or entity subject to those sanctions.

At application, we screen the applicant entity, its beneficial owners at the 25% threshold, its control person, and its authorized users against the OFAC Specially Designated Nationals and Blocked Persons List, the Sectoral Sanctions Identifications List, the Consolidated Sanctions List, and applicable denied party lists. Screening is repeated when list updates are published and when account information changes.

We board only U.S. domiciled merchants with U.S. settlement accounts. We do not provide services to merchants located in, organized under the laws of, or ordinarily resident in a comprehensively sanctioned jurisdiction, and we do not process transactions we know to involve such a jurisdiction.

Where screening produces a confirmed match, we will decline the application or suspend the account, block or reject the relevant transaction as OFAC regulations require, and file the required report with OFAC within the prescribed period. We do not notify a party of a filed report where doing so is prohibited.

Our program includes customer due diligence at boarding, collection and verification of beneficial ownership, ongoing monitoring of merchant activity against approved volume and ticket profiles, escalation and review of unusual activity, and recordkeeping for a minimum of five years. Employees with account-facing responsibilities receive periodic training, and the program is reviewed at least annually.

Sanctions or anti-money-laundering concerns may be reported in confidence to compliance@vector-pay.com, or by mail to VectorPay LLC, Attention: Compliance, 1001 S Main St # 11903, Kalispell, MT 59901-1498.