Why WestinPay Does Not Provide Services in Certain Regions?

WestinPay aims to provide a secure and accessible platform for users worldwide. As a UK-based company, we are required to comply fully with international and local regulatory obligations, including those set by the Office of Foreign Assets Control (OFAC), the Financial Conduct Authority (FCA), and the European Union (EU).

Compliance with OFAC, FCA, and EU Sanctions

The OFAC, FCA, and EU impose economic sanctions to counteract activities such as terrorism, drug trafficking, human rights violations, and other crimes. WestinPay cannot provide services to individuals, organizations, or entities listed on these sanctions lists. For example, countries such as North Korea, Iran, and Syria are under strict sanctions, which prohibits us from offering our services there.

Risk-Based Compliance

When determining the regions in which WestinPay can operate, we assess several critical factors, including:

• Local regulatory laws.
• The financial crime risks associated with a region.
• Political stability.

Our goal is to ensure compliance while maintaining a safe and trustworthy platform for our users.

Unsupported Regions

Due to these considerations, WestinPay does not provide services in certain regions. These regions are often characterized by:

• High levels of financial crime and money laundering risks.
• Severe political or economic instability.
• Strict sanctions imposed by international regulatory bodies.

Countries in these categories often lack adequate infrastructure or regulations to meet our compliance standards.

Why Are These Restrictions Necessary?

These restrictions are essential to ensure:

• Compliance with international laws and regulations.
• Protection against illicit financial activities, such as money laundering and terrorism financing.
• The integrity of our platform and services for all users.

WestinPay’s commitment to compliance and security ensures a trusted and reliable experience for our global user base.

List of Restricted Countries

The following countries are currently on WestinPay's restricted list due to regulatory, legal, and compliance issues: