We are not able to open bank accounts for residents and businesses of the following countries and jurisdictions:
Afghanistan, Algeria, Angola, Bolivia, British Virgin Islands, Burkina Faso, Cameroon, Democratic Republic of the Congo, Cote D’Ivoire, Haiti, Yemen, Islamic Republic of Iran, Iraq, Jordan, Kenya, Lao People’s Democratic Republic, Lebanon, Mali, Myanmar, Monaco, Mozambique, Namibia, Nepal, Nigeria, North Korea, Russian Federation, Syria, Somalia, South Sudan, Tanzania, Trinidad & Tobago, 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, Azerbaijan, Bangladesh, Belarus, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad, Christmas Island, Cocos (Keeling) Islands, Comoros, Republic of the Congo, Crimea (region of Ukraine), Cuba, Democratic Republic of the Congo, Democratic People’s Republic of Korea (North Korea), Dhekelia, Donetsk (region of Ukraine), Equatorial Guinea, Eritrea, Falkland Islands, Guatemala, Guinea-Bissau, Haiti, Honduras, Iran, Iraq, Kyrgyzstan, Lebanon, Libya, Luhansk (region of Ukraine), Mali, Mayotte, Mozambique, Myanmar, Nicaragua, Niger, Norfolk Island, Pakistan, Palestinian Territory, Paracel Islands, Paraguay, Pitcairn Islands, Russian Federation, Somalia, South Sudan, Sudan, Syria, Tajikistan, Turkmenistan, Venezuela, Wallis and Futuna, Yemen, Zimbabwe.
Restrictions for Multicurrency payments
Restricted countries list:
Afghanistan, Albania, Belarus, Myanmar (Burma), Burundi, Republic of the Congo, Democratic Republic of the Congo, Cuba, Crimea (region of Ukraine), Donetsk region (Ukraine), Luhansk region (Ukraine), Zaporizhzhia region (Ukraine), Kherson region (Ukraine), Iran, Iraq, Lebanon, Liberia, Libya, Macedonia, North Korea, Russia, Serbia, Somalia, South Sudan, Sudan, Syria, 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.