Anti Money Laundering
Developments in international standards clearly articulate the importance of implementing robust Anti Money Laundering and Counter-Terrorist Financing (CTF) programmes by financial institutions. The senior management of InterPay Ltd trading as TransferMate are committed to preventing the use of its products and services for the purposes of money laundering, terrorist financing and/or any other financial crimes. The firm's AML/CTF Programme adopts the highest standard of compliance and is supervised on a continuous basis by our Risk and Compliance Department.
The firm is regulated by the following regulatory bodies:
InterPay Ltd T/A TransferMate
InterPay Ltd T/A TransferMate - Authorised by the Central Bank of Ireland to provide Payment Services within the member states of the European Union pursuant to Regulation 18 of the European Communities (Payment Services) Regulations 2009.
As a licensed Payment Institution Interpay Ltd is required to fulfil sound administrative, risk management and accounting procedures, proper internal control measure, have directors and managers that have good repute and posses appropriate knowledge and experience, as well as shareholders that are suitable taking into account the need to ensure the sound and prudent management of a payment institution.
Please refer to the following link to carry out a search to locate the Firm on the Register.
Interpay, its subsidiaries or sister companies are regulated or registered with the following bodies:
Registered with AUSTRAC - Australian Transaction Reports and Analysis Centre.
InterPay Ltd and InterPay Pty Ltd - Registered with AUSTRAC – Australian Transaction Reports and Analysis Centre. AUSTRAC oversees the compliance of 'reporting entities', with their requirements under the Australian Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and the Financial Transaction Reports Act 1988. Under the Act, Interpay Ltd and its subsidiary undertaking Interpay PTY Ltd comprise a "Designated Business Group" for reporting purposes. To view Interpays entry on the Austrac remittance sector register click here
Interpay Ltd is registered as a MSB ("Money Service Business") with the Financial Transactions and Reporting Analysis Centre of Canada (FINTRAC).
FINTRAC oversees the compliance of "reporting entities" with their requirements under the Canadian Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA). Please refer to the following link to carry out a search to locate the firm on their register:http://www10.fintrac-canafe.gc.ca/msb-esm/public/msbregistry/searchByName/clf-eng.html#msbInformation/msbDetails/84622
Transfermate Inc and its DBA TransferMate is registered as MBS with the United States Department of Treasury Financial Crimes Enforcement Network
("FinCEN"). FinCEN is responsible for the regulatory administration of The Bank Secrecy Act 1970 (BSA) and The USA PATRIOT Act of 2001. Please refer to the following link to carry out a search to locate the firm on the US register
Transfermate Inc is authorised by the Sate of Illinois Department of Financial and Professional Regulation, Division of Financial institutions.
Our license number is: MT 207, please refer to the following link to confirm same