TRANSFERRA UN LIMITED Acceptance Policy
In this section, we outline the guidelines regarding prohibited business activities and prohibited countries. All other countries (including High Risk countries) and business activities can be considered on a case-by-case basis.
1. Prohibited Business Activities
We strive to maintain a responsible and ethical business environment. As such, certain activities are strictly prohibited within our sphere of engagement. These include:
| Industry | Business Activity |
|---|---|
| Adult/Dating | Escort/Prostitution Agencies Pornography featuring children, rape, humiliation, or bestiality Subscription-based dating sites that do not have genuine, underlying matches or products Pornography business or physical or sexual exploitation; Any other form of pornography depicting sexual intercourse |
| Bail Bondsman | Bailiff services |
| CBD | Marijuana dispensaries |
| CFD Trading/Spread betting | Unregulated CFD/FX traders Unlicensed Binary Options CFD Brokers licensed within the following jurisdictions:
|
| Streaming | Illicit streaming of copyright media and software |
| Cryptocurrency/Blockchain | ICOs/IEOs/IDOs ATMs Unregulated cryptocurrency exchanges (or any other related services) where licensing or registration for AML/CFT purposes is a legal requirement Cryptocurrency businesses with insufficient KYC & CDD practices |
| Pharmaceuticals | Drug-related paraphernalia, e.g., selling bongs, hookah Illegal/synthetic drugs or prescription drugs without a prescription Trade of narcotic or psychotropic substances |
| Financial Services | Unregulated or inadequately licensed financial institutions/money service businesses Lending, including Pay-day lenders Unregulated account aggregation |
| Fortune Tellers | Tarot cards, horoscope readers and psychics |
| Gambling | Unlicensed gambling activities Unlicensed Binary Options Skins/loot box trading |
| Get-rich-quick Schemes | Any schemes marketed as get-rich-quick, e.g., Pyramid Schemes, Multi-level marketing |
| Regulated Services | Non-licensed counselling centres Unlicensed lawyers or legal services |
| Speciality Retail | Counterfeit goods Human body parts Offensive goods related to crime, e.g. photographs memorabilia Weapons (including firearms) Tobacco & electronic cigarettes Pyrotechnic devices and hazardous materials, e.g. fireworks, explosives, toxic/flammable goods Animals and Lifestock Stolen Property Police-related items Mailing lists and personal information Government documents and IDs Lock picking devices Embargoed goods from prohibited countries |
| Telecommunications | Illegal telecommunications devices |
| Timeshare | Any type of timeshare service/product |
2. Country Risk Classification for Onboarding
While we aim to be inclusive, there are legal and compliance constraints that lead us to limit engagement with certain countries due to regulatory or international sanctions. At present, we are unable to extend our services or partnerships to entities, representatives, UBOs and individuals based in the following countries:
CORE MARKETS
GLOBAL
SPECIALISED
PROHIBITED
A
Australia, Austria
Andorra
Aland Islands, Albania, Algeria, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan
Afghanistan
B
Belgium
Bahrain, Benin
Bahamas, Bangladesh, Barbados, Belize, Bermuda, Bhutan, Bolivia, Bonaire, Sint Eustatius and Saba, Bosnia-Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, British Virgin Islands, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi
Belarus
C
Canada, Croatia, Czech Republic
Cabo Verde, Cyprus
Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros, Cook Islands, Costa Rica, Cote D`Ivoire, Curacao
Crimea (UA), Cuba
D
Denmark
Democratic Republic of Congo, Djibouti, Dominica, Dominican Republic
Darfur (Sudan), North Korea, Donetsk
E
Estonia
Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Eswatini, Ethiopia
F
Faroe Islands, Finland, France
Falkland Islands, French Polynesia
Fiji, French Guiana, French Southern Territories
G
Germany, Greece, Greenland
Grenada
Gabon, Gambia, Georgia, Ghana, Gibraltar, Guadeloupe, Guam, Guatemala, Guernsey, Guinea, Guinea-Bissau, Guyana
Gaza Strip
H
Hungary
Haiti, Heard Island, Holy See, Honduras, Hong Kong
I
Iceland, Ireland, Italy
Isle of Man
India, Indonesia, Iraq, Israel
Iran
J
Japan
Jamaica, Jersey, Jordan
K
Kuwait
Kazakhstan, Kenya, Kiribati, Kosovo, Kyrgyzstan
Kherson
L
Latvia, Liechtenstein, Lithuania, Luxembourg
Laos, Lebanon, Lesotho, Liberia, Libya
Labuan, Luhansk
M
Maldives, Malta, Martinique, Montenegro
Macao, Madagascar, Malawi, Malaysia, Mali, Marshall Islands, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique
Myanmar
N
Netherlands, Norway
New Caledonia, Norfolk Island
Namibia, Nauru, Nepal, New Zealand, Nicaragua, Niger, Nigeria, Niue, North Macedonia, Northern Mariana Islands
O
Oman
P
Poland, Portugal
Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Puerto Rico
Pakistan
Q
Qatar
R
Réunion
Romania
Republic of the Congo, Rwanda
Russian Federation
S
San Marino, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland
Saint Barthélemy, Saint Helena, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and Grenadines, Samoa, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Sint Maarten, Solomon Islands, Somalia, South Africa, South Georgia, Sri Lanka, St Kitts & Nevis, St Lucia, Suriname, Svalbard
Sevastopol, South Sudan, Sudan, Syria
T
Taiwan
Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tokelau, Tonga, Trinidad & Tobago, Tunisia, Turkey, Turkmenistan, Turks & Caicos, Tuvalu
U
United Kingdom
Uganda, Ukraine, United Arab Emirates, US Minor Outlying Islands, US Virgin Islands, USA, Uruguay, Uzbekistan
V
Vanuatu, Vietnam
Venezuela
W
Wallis and Futuna, Western Sahara
West Bank
Y
Yemen
Z
Zambia, Zimbabwe
Zaporozhye
ZONE 1
CORE MARKETS
A
Australia, Austria
B
Belgium
C
Canada, Croatia, Czech Republic
D
Denmark
E
Estonia
F
Faroe Islands, Finland, France
G
Germany, Greece, Greenland
H
Hungary
I
Iceland, Ireland, Italy
J
Japan
L
Latvia, Liechtenstein, Lithuania, Luxembourg
N
Netherlands, Norway
P
Poland, Portugal
R
Réunion
S
San Marino, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland
U
United Kingdom
ZONE 2
GLOBAL
A
Andorra
B
Bahrain, Benin
C
Cabo Verde, Cyprus
F
Falkland Islands, French Polynesia
G
Grenada
I
Isle of Man
K
Kuwait
M
Maldives, Malta, Martinique, Montenegro
N
New Caledonia, Norfolk Island
O
Oman
R
Romania
T
Taiwan
ZONE 3
SPECIALISED
A
Aland Islands, Albania, Algeria, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan
B
Bahamas, Bangladesh, Barbados, Belize, Bermuda, Bhutan, Bolivia, Bonaire, Sint Eustatius and Saba, Bosnia-Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, British Virgin Islands, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi
C
Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros, Cook Islands, Costa Rica, Cote D`Ivoire, Curacao
D
Democratic Republic of Congo, Djibouti, Dominica, Dominican Republic
E
Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Eswatini, Ethiopia
F
Fiji, French Guiana, French Southern Territories
G
Gabon, Gambia, Georgia, Ghana, Gibraltar, Guadeloupe, Guam, Guatemala, Guernsey, Guinea, Guinea-Bissau, Guyana
H
Haiti, Heard Island, Holy See, Honduras, Hong Kong
I
India, Indonesia, Iraq, Israel
J
Jamaica, Jersey, Jordan
K
Kazakhstan, Kenya, Kiribati, Kosovo, Kyrgyzstan
L
Laos, Lebanon, Lesotho, Liberia, Libya
M
Macao, Madagascar, Malawi, Malaysia, Mali, Marshall Islands, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique
N
Namibia, Nauru, Nepal, New Zealand, Nicaragua, Niger, Nigeria, Niue, North Macedonia, Northern Mariana Islands
P
Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Puerto Rico
Q
Qatar
R
Republic of the Congo, Rwanda
S
Saint Barthélemy, Saint Helena, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and Grenadines, Samoa, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Sint Maarten, Solomon Islands, Somalia, South Africa, South Georgia, Sri Lanka, St Kitts & Nevis, St Lucia, Suriname, Svalbard
T
Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tokelau, Tonga, Trinidad & Tobago, Tunisia, Turkey, Turkmenistan, Turks & Caicos, Tuvalu
U
Uganda, Ukraine, United Arab Emirates, US Minor Outlying Islands, US Virgin Islands, USA, Uruguay, Uzbekistan
V
Vanuatu, Vietnam
W
Wallis and Futuna, Western Sahara
Z
Zambia, Zimbabwe
PROHIBITED
PROHIBITED
A
Afghanistan
B
Belarus
C
Crimea (UA), Cuba
D
Darfur (Sudan), North Korea, Donetsk
G
Gaza Strip
I
Iran
K
Kherson
L
Labuan, Luhansk
M
Myanmar
P
Pakistan
R
Russian Federation
S
Sevastopol, South Sudan, Sudan, Syria
V
Venezuela
W
West Bank
Y
Yemen
Z
Zaporozhye
3. Country Risk Classification for Payments
CORE MARKETS
GLOBAL
SPECIALIZED
PROHIBITED
A
Australia, Austria
Andorra
Aland Islands, Albania, Algeria, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan
Afghanistan
B
Belgium
Bahrain, Benin
Bahamas, Bangladesh, Barbados, Belize, Bermuda, Bhutan, Bolivia, Bonaire, Sint Eustatius and Saba, Bosnia-Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, British Virgin Islands, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi
Belarus
C
Canada, Croatia, Czech Republic
Cabo Verde, Cyprus
Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros, Cook Islands, Costa Rica, Cote D`Ivoire, Curacao
Crimea, Cuba
D
Denmark
Democratic Republic of Congo, Djibouti, Dominica, Dominican Republic
Darfur, North Korea, Donetsk
E
Estonia
Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Eswatini, Ethiopia
F
Faroe Islands, Finland, France
Falkland Islands, French Polynesia
Fiji, French Guiana, French Southern Territories
G
Germany, Greece, Greenland
Gibraltar, Grenada
Gabon, Gambia, Georgia, Ghana, Guadeloupe, Guam, Guatemala, Guernsey, Guinea, Guinea-Bissau, Guyana
Gaza Strip
H
Hungary
Haiti, Heard Island and McDonald Islands, Holy See, Honduras, Hong Kong
I
Iceland, Ireland, Italy
Isle of Man
India, Indonesia, Israel
Iraq, Iran
J
Japan
Jamaica, Jersey, Jordan
K
Kuwait
Kazakhstan, Kenya, Kiribati, Kosovo, Kyrgyzstan
Kherson
L
Latvia, Liechtenstein, Lithuania, Luxembourg
Laos, Lebanon, Lesotho, Liberia, Libya
Labuan, Luhansk
M
Maldives, Malta, Martinique, Montenegro
Macao, Madagascar, Malawi, Malaysia, Mali, Marshall Islands, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique
Myanmar
N
Netherlands, Norway
New Caledonia, Norfolk Island
Namibia, Nauru, Nepal, New Zealand, Nicaragua, Niger, Nigeria, Niue, North Macedonia, Northern Mariana Islands
P
Poland, Portugal
Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Puerto Rico
Pakistan
R
Réunion
Romania
Republic of the Congo, Rwanda
Russian Federation
S
San Marino, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland
Serbia
Saint Barthélemy, Saint Helena, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and Grenadines, Samoa, Sao Tome and Principe, Saudi Arabia, Senegal, Seychelles, Sierra Leone, Singapore, Sint Maarten, Solomon Islands, Somalia, South Africa, South Georgia, Sri Lanka, St Kitts & Nevis, St Lucia, Suriname, Svalbard and Jan Mayen
Sevastopol, South Sudan, Sudan, Syria
T
Taiwan
Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tokelau, Tonga, Trinidad & Tobago, Tunisia, Turkey, Turkmenistan, Turks & Caicos Islands, Tuvalu
U
United Kingdom
USA
Uganda, Ukraine, United Arab Emirates, US Minor Outlying Islands, US Virgin Islands, Uruguay, Uzbekistan
V
Vanuatu, Vietnam
Venezuela
W
Wallis and Futuna, Western Sahara
West Bank
X
Y
Yemen
Z
Zambia, Zimbabwe
Zaporozhye
ZONE 1
CORE MARKETS
A
Australia, Austria
B
Belgium
C
Canada, Croatia, Czech Republic
D
Denmark
E
Estonia
F
Faroe Islands, Finland, France
G
Germany, Greece, Greenland
H
Hungary
I
Iceland, Ireland, Italy
J
Japan
L
Latvia, Liechtenstein, Lithuania, Luxembourg
N
Netherlands, Norway
P
Poland, Portugal
R
Réunion
S
San Marino, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland
U
United Kingdom
ZONE 2
GLOBAL
A
Andorra
B
Bahrain, Benin
C
Cabo Verde, Cyprus
F
Falkland Islands, French Polynesia
G
Gibraltar, Grenada
I
Isle of Man
K
Kuwait
M
Maldives, Malta, Martinique, Montenegro
N
New Caledonia, Norfolk Island
R
Romania
S
Serbia
T
Taiwan
U
USA
ZONE 3
SPECIALIZED
A
Aland Islands, Albania, Algeria, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan
B
Bahamas, Bangladesh, Barbados, Belize, Bermuda, Bhutan, Bolivia, Bonaire, Sint Eustatius and Saba, Bosnia-Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, British Virgin Islands, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi
C
Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros, Cook Islands, Costa Rica, Cote D`Ivoire, Curacao
D
Democratic Republic of Congo, Djibouti, Dominica, Dominican Republic
E
Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Eswatini, Ethiopia
F
Fiji, French Guiana, French Southern Territories
G
Gabon, Gambia, Georgia, Ghana, Guadeloupe, Guam, Guatemala, Guernsey, Guinea, Guinea-Bissau, Guyana
H
Haiti, Heard Island and McDonald Islands, Holy See, Honduras, Hong Kong
I
India, Indonesia, Israel
J
Jamaica, Jersey, Jordan
K
Kazakhstan, Kenya, Kiribati, Kosovo, Kyrgyzstan
L
Laos, Lebanon, Lesotho, Liberia, Libya
M
Macao, Madagascar, Malawi, Malaysia, Mali, Marshall Islands, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique
N
Namibia, Nauru, Nepal, New Zealand, Nicaragua, Niger, Nigeria, Niue, North Macedonia, Northern Mariana Islands
P
Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Puerto Rico
R
Republic of the Congo, Rwanda
S
Saint Barthélemy, Saint Helena, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and Grenadines, Samoa, Sao Tome and Principe, Saudi Arabia, Senegal, Seychelles, Sierra Leone, Singapore, Sint Maarten, Solomon Islands, Somalia, South Africa, South Georgia, Sri Lanka, St Kitts & Nevis, St Lucia, Suriname, Svalbard and Jan Mayen
T
Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tokelau, Tonga, Trinidad & Tobago, Tunisia, Turkey, Turkmenistan, Turks & Caicos Islands, Tuvalu
U
Uganda, Ukraine, United Arab Emirates, US Minor Outlying Islands, US Virgin Islands, Uruguay, Uzbekistan
V
Vanuatu, Vietnam
W
Wallis and Futuna, Western Sahara
Z
Zambia, Zimbabwe
PROHIBITED
PROHIBITED
A
Afghanistan
B
Belarus
C
Crimea, Cuba
D
Darfur, North Korea, Donetsk
G
Gaza Strip
I
Iraq, Iran
K
Kherson
L
Labuan, Luhansk
M
Myanmar
P
Pakistan
R
Russian Federation
S
Sevastopol, South Sudan, Sudan, Syria
V
Venezuela
W
West Bank
Y
Yemen
Z
Zaporozhye