Restrictions and Suspensions in Certain Countries

VISA has implemented restrictions and suspensions on transactions in certain countries for security and compliance reasons. Please note the following information for cardholders who plan to use their VISA cards in these countries.

Restrictions
VISA is currently restricting transactions (both point-of-sale and online) in the following countries:

If cardholders plan to process transactions in any of the countries on the above list or will be traveling to any of these jurisdictions, they will need to complete and submit the Transaction Parameter Release Authorization Form online at least 36 hours prior to the release date.

Cardholders must indicate the date range required for the parameter to be released. The period of time can start from the date of the form being submitted up to the expiration date of the card or on a case-by-case basis for traveling purposes.

Suspensions
VISA has suspended operations in the following countries:

No transactions can be processed in these countries unless local merchants register their VISA payment services outside of their countries. This is not dependent on the card issuer, please check directly with local merchants.

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FEB maintains a robust compliance program designed to identify, assess, and control risks associated with non-compliance that could result in financial or reputational damage.
The role of Compliance is to monitor, advise, and report on FEB’s adherence to Canadian regulatory requirements. FEB’s policies and procedures are based on the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), associated regulations, and guidance issued by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
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