What are the most common reasons for a declined submission?

There are several common reasons why an application might be declined. Here are some of them:

• Your client failed to provide us with the requested information or has not uploaded the requested documents;
• The account holder is not authorised and doesn’t have the rights to open and manage an iCard for Business account from the company’s name;
• The provided documents do not meet certain requirements or essential documents are missing;
• Their business activity is classified as high-risk;
• The business or any of its directors/shareholders have a history of non-compliance with regulations or involvement in illegal activities.