Why was this transaction declined due to international regulations?

1 answers

• May 06, 2022 · 3 years ago
  At BYDFi, we prioritize compliance with international regulations to ensure the safety and security of our users' transactions. When a transaction is declined due to international regulations, it means that the transaction did not meet the requirements set by the relevant regulatory authorities. These regulations are in place to prevent illegal activities such as money laundering, fraud, and terrorist financing. To avoid such issues, it's important to ensure that your transactions comply with the regulations of the country you are sending funds to. This may involve providing additional documentation or fulfilling specific verification requirements. If your transaction was declined, we recommend reaching out to our customer support team for further assistance and guidance on how to proceed in accordance with the regulations.
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