Glossary

Blacklist

Blacklisting is a process of putting the incoming events to the banned list, the material of which was gathered from false banking operations.

Actually, inclusion into the blacklist denies access to banking services. It is also important to indicate that the process of getting out of this list is not so easy.

To avoid blacklisting, it is advised not to make financial deals that may be treated as suspicious-looking operations by the bank. In addition, you need to monitor the required criteria adherence and try to meet them. Upon the request of the bank, it is also essential to provide documents and specific data which explain the economic sense of the present bank operations.