Restricted countries and industries list

 

The outgoing and incoming payments involving residents or businesses of the following countries and jurisdictions will not be processed:

Afghanistan, Akrotiri, Albania, Ashmore and Cartier Islands, Baker Island, Barbados, Belarus, Bouvet Island, British Indian Ocean Territory, Burkina Faso, Cambodia, Cayman Islands, Chad, Christmas Island, Clipperton Island, Cocos (Keeling) Islands, Coral Sea Islands, Cameroon, Crimea, Cuba, Democratic Republic of the Congo, Dhekelia, Democratic People’s Republic of Korea, East Timor, Falkland Islands, French Southern and Antarctic Lands, Gibraltar, Haiti, Heard and McDonald Islands, Howland Island, Iran, Iraq, Jamaica, Jan Mayen, Jarvis Island, Johnston Atoll, Jordan, Kenya, Kingman Reef, Libya, Mali, Mayotte, Midway Islands, Morocco, Mozambique, Myanmar, Navassa Island, Nicaragua, Nigeria, Norfolk Island, Pakistan, Palmyra Atoll, Panama, Paracel Islands, Philippines, Pitcairn Islands, Russian Federation, Saint Martin, Senegal, South Georgia and the South Sandwich Islands, South Sudan, Spratly Islands, Svalbard, Swaziland, Syria, Trinidad and Tobago, Turkey, Uganda, Vanuatu, Vietnam, Wake Island, Wallis and Futuna, Yemen, Zimbabwe.

We are not able to open bank accounts for residents and businesses of the following countries and jurisdictions:

Afghanistan, Barbados, Burkina Faso, Cameroon, Colombia, Congo, the Democratic Republic, Gibraltar, Haiti, Yemen, India, Iran, Islamic Republic of, Iraq, Jamaica, Jordan, Lebanon, Mali, Myanmar, Mozambique, Niger, Nigeria, North Korea, Pakistan, Panama, Philippines, Russian Federation, Senegal, Syria, Somalia, South Sudan, Tanzania, Trinidad & Tobago, Turkey, Uganda, Vanuatu, Venezuela, Vietnam.

We do not service companies of the following industries:

Adult entertainment (except dating services)
Banks (except specialized banks based in EU)
Carbon trading
Cash for gold
Cheque cashing
Counterfeit goods
Development aid
Diamond merchants
Medical marijuana/ cannabis (if over 0,2% THC)
Illegal goods
MLM/ pyramid schemes
Pawnbrokers
Binary options trading & financial products in jurisdictions that do not have or require regulation/ licensing
Political groups
Shell banks
Unregistered charities
Weapons, ammunition, rifles and related goods
Business with no license, where it is required by the law.

Industries not permitted to complete SWIFT payments include cryptocurrency exchanges (B2B transactions may be considered) and financial institutions.

Restrictions for SWIFT payments

Restricted countries list:

Afghanistan, Akrotiri Ashmore and Cartier Islands, Baker Island, Barbados, Belarus, Bouvet Island, British Indian Ocean Territory, Burkina Faso, Cambodia, Cayman Islands, Chad, Christmas Island, Clipperton Island, Cocos (Keeling) Islands, Coral Sea Islands, territory of Crimea, Cuba, Democratic Republic of Congo, Dhekelia, DPRK, East Timor, Falkland Islands, French Southern and Antarctic Lands, Gibraltar, Haiti, Heard Island and McDonald Islands, Howland Island, Iran, Jamaica, Jan Mayen, Jarvis Island, Johnston Atoll, Jordan, Kenya, Kingman Reef, Libya, Mali, Mayotte, Midway Islands, Morocco, Myanmar, Navassa Island, Nicaragua, Norfolk Island, Pakistan, Palmyra Atoll, Panama, Paracel Islands, Philippines, Pitcairn Islands, Russia, Saint Martin, Senegal, South Georgia and the South Sandwich Islands, South Sudan, Spratly Islands, Svalbard, Swaziland, Syria, Trinidad and Tobago, Uganda, Vanuatu, Wake Island, Wallis and Futuna, Yemen, Zimbabwe.

Restrictions for Multicurrency payments

Restricted countries list:

Afghanistan, Albania, Azerbaijan, Belarus, Bosnia and Herzegovina, Burma (Myanmar), Burundi, Central African Republic, Congo, Democratic Republic of the, Cuba, Eritrea, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Mali, North Korea, Russia, Serbia, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Ukraine, Venezuela, Yemen.

Restricted industries list:

pharmacies selling copy products without proper authority approval, including e-pharmacies, pornography industry (dating pages* are acceptable), tobacco industry, cannabis or other drugs in any form, weapons in any form, including dual-use goods, companies selling counterfeit or infringed products, companies selling, storing, or trading cryptocurrencies*, binary option traders, pyramid schemes in any form, file-sharing companies*, shell banks, any other types of businesses involved in any form of criminal activity, and agents involved in cash-in/cash-out operations.

* Notwithstanding the above, the Supplier may consider these industry and business types on a case by case exception basis.