NEO
Blocked jurisdictions
NEO does not support payments made to or received from the countries listed below.
NEO
NEO does not support payments made to or received from the countries listed below.
NEO scores each country and allocate a risk weight. Our decision is based on multiple sources including major sanction lists produced by major national and suprenational organization. This scoring results in some countries not being eligible for payments and collection. The List is reviewed periodically.
European Union (EU) Consolidated List: List of persons, groups, and entities subject to EU sanctions. Our model also takes into consideration EU Tax haven list and EU List of high-risk 3rd countries with strategic AMLCFT deficiencies.
FATF High-Risk and Monitored Jurisdictions: Jurisdictions identified by the Financial Action Task Force for strategic deficiencies.
Office of Foreign Assets Control List: Specially Designated Nationals (SDN) and other sanctions programs.
List of non cooperative jurisdictions according to SEPBLAC (Spain’s Financial Intelligence Unit and supervisory authority for anti-money laundering and counter-terrorist financing).
United Nations Sanctions List: Consolidated list of individuals and entities subject to UN sanctions.
Basel AML Index is a globally recognized ranking system that assesses countries based on their risk levels for money laundering and terrorist financing.
Those are the blocked countries according to our risk based assessment. This list is reveiwed periodically by the internal compliance comitee.
ISO CODE | NAME |
---|---|
AF | AFGHANISTAN |
DZ | ALGERIA |
AS | AMERICAN SAMOA |
AI | ANGUILLA (UK) |
AQ | ANTARCTICA |
AG | ANTIGUA AND BARBUDA |
AW | ARUBA (NL) |
AZ | AZERBAIJAN |
BS | BAHAMAS |
BB | BARBADOS |
BY | BELARUS |
BA | BOSNIA-HERZEGOVINA |
BV | BOUVET ISLAND |
IO | BRITISH INDIAN OCEAN TERRITORY (UK) |
BN | BRUNEI DARUSSALAM |
BF | BURKINA FASO |
BI | BURUNDI |
KY | CAYMAN ISLANDS (UK) |
CF | CENTRAL AFRICAN REPUBLIC |
TD | CHAD |
CX | CHRISTMAS ISLAND |
CC | COCOS (KEELING) ISLANDS |
CG | CONGO |
CD | CONGO, DEM. REP. |
CK | COOK ISLANDS |
CU | CUBA |
CW | CURACAO |
GQ | EQUATORIAL GUINEA |
ET | ETHIOPIA |
FK | FALKLAND ISLANDS (MALVINAS) (UK) |
FJ | FIJI |
GA | GABON |
GU | GUAM |
GT | GUATEMALA |
GN | GUINEA |
GW | GUINEA-BISSAU |
HT | HAITI |
HM | HEARD ISLAND AND MCDONALD ISLANDS |
IR | IRAN |
IQ | IRAQ |
JM | JAMAICA |
KI | KIRIBATI |
KP | KOREA, DEMOCRATIC PEOPLE’S REPUBLIC OF |
LB | LEBANON |
LY | LIBYA |
ML | MALI |
MR | MAURITANIA |
MD | MOLDOVA |
ME | MONTENEGRO |
MS | MONTSERRAT (UK) |
MZ | MOZAMBIQUE |
MM | MYANMAR |
NA | NAMIBIA |
AN | NETHERLANDS ANTILLES (Netherlands) |
NV | NEVIS |
NI | NICARAGUA |
NE | NIGER |
PW | PALAU |
PS | PALESTINIAN TERRITORY |
PA | PANAMA |
PH | PHILIPPINES |
RU | RUSSIA |
WS | SAMOA |
SN | SENEGAL |
RS | SERBIA |
SC | SEYCHELLES |
SL | SIERRA LEONE |
SO | SOMALIA |
GS | SOUTH GEORGIA AND THE SOUTH SANDWICH ISLANDS (UK) |
SS | SOUTH SUDAN |
SD | SUDAN |
SY | SYRIA |
TZ | TANZANIA |
TL | TIMOR-LESTE (East Timor) |
TT | TRINIDAD AND TOBAGO |
TN | TUNISIA |
TR | TURKEY |
TV | TUVALU |
UG | UGANDA |
UA | UKRAINE |
VU | VANUATU |
VE | VENEZUELA |
VG | VIRGIN ISLANDS (BRITISH) |
VI | VIRGIN ISLANDS, US |
EH | WESTERN SAHARA |
YE | YEMEN |
ZW | ZIMBABWE |
The system will lnot let you record a counterparty located in those countries. This means you will not even be able to request a payment to be made.
If you are to receive a payment from any of the listed countries, teh the system will automatically reject it. Some rejection fees may be charged.
Yes. It is reviewed every 3 months by the Compliance Internal Committee. Some countries may leave the list while other may entry it.
Not necessarily. While some countries are sanctioned countries to which payments are illegal, others are simply out of NEO’s risk appetite.