As the AllGo Mastercard is an e-Money product regulated by the Central Bank of Ireland, we are legally obliged to conduct background security checks on all clients that order from us. This process is known as KYB or Know Your Business.
When you place an order on our website, we use specialist financial software to verify your business and make sure it complies with all relevant Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) regulations. We also screen the Directors, Senior Managers, and Ultimate Beneficial Owner(s), and check your company against lists of Politically Exposed Persons (PEPs), as well as connections to high risk, sanctioned or prohibited industries and countries.
This normally takes place in the background and does not interfere or delay your order. In some cases, however, we may need to reach out to your for further information to pass these checks.
If this happens, we would ask you to respond quickly to avoid any order delays.
Please Note: we cannot issue your order invoice and proceed with your order until these checks are successfully completed.