PANPAY Compliance team

PanPay AML and Compliance teams is the professionals with solid banking experience in the field of anti-money laundering and anti-terrorist financing.

Our team members work in Europe, China, Hong Kong and USA. Worldwide expertise ensures that your payments if safe with PanPay. PanPay core system is connected to the European Union Payment and Clearing System (SEPA), and the core system security meets the AML requirements of EU banking institutions.

PanPay follows the EU General Data Protection Regulation (GDPR) and EU Payment Act 2 (PSD2) compliance requirements.

Funds security

PanPay meets the highest level of EU's funds protection regulatory requirements, and 100% of client funds are segregated from PanPay funds and deposited in Central bank or high credit rating Banks safeguarding accounts.

Risk control compliance

PanPay's anti-money laundering and anti-terrorist financing database is directly connected to OFAC, EU Sanctions, United Nations, Accuity and other databases covering more than 240 countries and regions.

System compliance

PanPay uses the latest encryption technology to protect all the data you store in our IT infrastructure. All data encrypted with SSL certificates. The PanPay IT infrastructure features a highly redundant 3-level data center architecture, strict physical access control requirements, and ISO 27001 certification.

Data compliance

PanPay meets the EU's highest level of data protection regulatory requirements, and complies with the EU General Data Protection Regulation (GDPR) and EU Payment Act (PSD2) requirements.

Qualifications of PanPay

Panpay has a number of branches around the world that meet the regulatory requirements of local central banks and financial management departments

PanPay Europe

Holds the Unrestricted Electronic Money Institution, issued by Bank of Lithuania (part of European Central Bank) PanPay is a participant in Sepa Credit Transfer scheme, managed by the European Payments Council (EPC), supervised by the Central Bank of Lithuania (EU member state central bank) and through it consequently by other respective European financial governmental Institutions. 38700 is the Europe unique financial institution code for SEPA system for PanPay, and as a member institution of the Society for Worldwide Interbank Financial Telecommunication (SWIFT), PanPay gets the global unique SWIFT code of PAEOLT21.

PanPay Hong Kong

Holds a Hong Kong money service provider license. Approved by the State Administration of Foreign Exchange for foreign-related business records.

PanPay USA

Holds 50 US states money service provider license
License Number: 31000166352046