# Economic Purpose An **economic purpose** is the original reason for your incoming or outgoing payment: * What product or service did the sender buy from you? * What product or service did you buy from the beneficiary? As a [licensed financial institution](https://europacbank.com/legal/), we are required to know the **economic purposes** of the payments and/or attain any **supporting documentation** verifying these purposes, in order to comply with international anti-money laundering (AML) regulations. {% hint style="warning" %} A vague or incomplete description of your payment may result in delay or cancellation. {% endhint %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://help.europacbank.com/help/faqs/regulations/economic-purpose.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.