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
Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan
Afghanistan, Aland Islands, Albania, American Samoa, Anguilla, Antarctica
B
Belgium
Bahrain, Benin
Belize, Bermuda, Bhutan, Bolivia, Bonaire, Sint Eustatius and Saba, Bosnia-Herzegovina, Botswana, Brazil, British Virgin Islands (BVI), Brunei Darussalam, Bulgaria
Bahamas, Bangladesh, Barbados, Belarus, Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi
C
Canada, Croatia, Czech Republic
Cabo Verde, Cyprus
Chile, China, Colombia, Cook Islands, Costa Rica, Cote D`Ivoire (Ivory Coast), Curacao
Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Christmas Island, Cocos (Keeling) Islands, Comoros, Crimea (Autonomous Republic of), Cuba
D
Denmark
Djibouti, Dominica, Dominican Republic
Darfur Region, Democratic People`s Republic of Korea, Democratic Republic of Congo, Donetsk Oblast
E
Estonia
Ecuador, Egypt, El Salvador, Eswatini (ex.Swaziland), Ethiopia
Equatorial Guinea, Eritrea
F
Faroe Islands, Finland, France
Falkland Islands (Malvinas), French Polynesia
Fiji, French Guiana, French Southern Territories
G
Germany, Greece, Greenland
Grenada
Gabon, Gambia, Georgia, Ghana, Gibraltar, Guadeloupe, Guernsey, Guinea, Guyana
Gaza Strip, Guam, Guatemala, Guinea-Bissau
H
Hungary
Hong Kong
Haiti, Heard Island and McDonald Islands, Holy See, Honduras
I
Iceland, Ireland, Italy
Isle of Man
India, Indonesia, Israel
Iran, Iraq
J
Japan
Jersey
Jamaica, Jordan
K
Kazakhstan, Kenya, Kosovo, Kuwait, Kyrgyzstan
Kherson Oblast, Kiribati
L
Latvia, Liechtenstein, Lithuania, Luxembourg
Laos, Lesotho, Liberia
Labuan (Federal Territory of Labuan), Lebanon, Libya, Luhansk Oblast
M
Maldives, Malta, Martinique, Montenegro
Macao (China), Malawi, Malaysia, Marshall Islands, Mauritius, Mexico, Moldova, Monaco, Mongolia, Montserrat
Madagascar, Mali, Mauritania, Mayotte, Micronesia, Morocco, Mozambique, Myanmar
N
Netherlands, Norway
New Caledonia, Norfolk Island
Namibia, Nauru, Nepal, New Zealand, Niger, Niue, North Macedonia, Northern Mariana Islands
Nicaragua, Nigeria
O
Oman
P
Poland, Portugal
Panama, Papua New Guinea, Paraguay, Peru, Puerto Rico
Pakistan, Palau, Palestine, Philippines, Pitcairn, Pridnestrovie
Q
Qatar
R
Réunion
Romania
Rwanda
Republic of the Congo, Russian Federation
S
San Marino, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland
Saint Helena, Ascension and Tristan da Cunha, Saint Martin (French part), Saint Vincent and Grenadines, Saudi Arabia, Serbia, Seychelles, Sierra Leone, Singapore, Sint Maarten (Netherlands), Solomon Islands, South Africa, Sri Lanka, St Kitts & Nevis, St Lucia
Saint Barthélemy, Saint Pierre and Miquelon, Samoa, Sao Tome and Principe, Senegal, Sevastopol, Somalia, South Georgia and the South Sandwich Islands, South Sudan, Sudan, Suriname, Svalbard and Jan Mayen, Syria
T
Taiwan
Tajikistan, Thailand, Togo, Tonga, Tunisia, Turkey, Tuvalu
Tanzania, The Democratic Republic of Timor-Leste, Tokelau, Trinidad & Tobago, Turkmenistan, Turks & Caicos Islands
U
United Kingdom
Ukraine, United Arab Emirates (UAE), Uruguay, Uzbekistan
Uganda, United States Minor Outlying Islands, United States of America, United States Virgin Islands
V
Vietnam
Vanuatu, Venezuela
W
Wallis and Futuna, West Bank, Western Sahara
Y
Yemen
Z
Zambia
Zaporizhzhia Oblast, Zimbabwe
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 (Malvinas), French Polynesia
G
Grenada
I
Isle of Man
M
Maldives, Malta, Martinique, Montenegro
N
New Caledonia, Norfolk Island
O
Oman
R
Romania
T
Taiwan
ZONE 3
SPECIALISED
A
Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Aruba, Azerbaijan
B
Belize, Bermuda, Bhutan, Bolivia, Bonaire, Sint Eustatius and Saba, Bosnia-Herzegovina, Botswana, Brazil, British Virgin Islands (BVI), Brunei Darussalam, Bulgaria
C
Chile, China, Colombia, Cook Islands, Costa Rica, Cote D`Ivoire (Ivory Coast), Curacao
D
Djibouti, Dominica, Dominican Republic
E
Ecuador, Egypt, El Salvador, Eswatini (ex.Swaziland), Ethiopia
G
Gabon, Gambia, Georgia, Ghana, Gibraltar, Guadeloupe, Guernsey, Guinea, Guyana
H
Hong Kong
I
India, Indonesia, Israel
J
Jersey
K
Kazakhstan, Kenya, Kosovo, Kuwait, Kyrgyzstan
L
Laos, Lesotho, Liberia
M
Macao (China), Malawi, Malaysia, Marshall Islands, Mauritius, Mexico, Moldova, Monaco, Mongolia, Montserrat
N
Namibia, Nauru, Nepal, New Zealand, Niger, Niue, North Macedonia, Northern Mariana Islands
P
Panama, Papua New Guinea, Paraguay, Peru, Puerto Rico
Q
Qatar
R
Rwanda
S
Saint Helena, Ascension and Tristan da Cunha, Saint Martin (French part), Saint Vincent and Grenadines, Saudi Arabia, Serbia, Seychelles, Sierra Leone, Singapore, Sint Maarten (Netherlands), Solomon Islands, South Africa, Sri Lanka, St Kitts & Nevis, St Lucia
T
Tajikistan, Thailand, Togo, Tonga, Tunisia, Turkey, Tuvalu
U
Ukraine, United Arab Emirates (UAE), Uruguay, Uzbekistan
V
Vietnam
Z
Zambia
PROHIBITED
PROHIBITED
A
Afghanistan, Aland Islands, Albania, American Samoa, Anguilla, Antarctica
B
Bahamas, Bangladesh, Barbados, Belarus, Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi
C
Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Christmas Island, Cocos (Keeling) Islands, Comoros, Crimea (Autonomous Republic of), Cuba
D
Darfur Region, Democratic People`s Republic of Korea, Democratic Republic of Congo, Donetsk Oblast
E
Equatorial Guinea, Eritrea
F
Fiji, French Guiana, French Southern Territories
G
Gaza Strip, Guam, Guatemala, Guinea-Bissau
H
Haiti, Heard Island and McDonald Islands, Holy See, Honduras
I
Iran, Iraq
J
Jamaica, Jordan
K
Kherson Oblast, Kiribati
L
Labuan (Federal Territory of Labuan), Lebanon, Libya, Luhansk Oblast
M
Madagascar, Mali, Mauritania, Mayotte, Micronesia, Morocco, Mozambique, Myanmar
N
Nicaragua, Nigeria
P
Pakistan, Palau, Palestine, Philippines, Pitcairn, Pridnestrovie
R
Republic of the Congo, Russian Federation
S
Saint Barthélemy, Saint Pierre and Miquelon, Samoa, Sao Tome and Principe, Senegal, Sevastopol, Somalia, South Georgia and the South Sandwich Islands, South Sudan, Sudan, Suriname, Svalbard and Jan Mayen, Syria
T
Tanzania, The Democratic Republic of Timor-Leste, Tokelau, Trinidad & Tobago, Turkmenistan, Turks & Caicos Islands
U
Uganda, United States Minor Outlying Islands, United States of America, United States Virgin Islands
V
Vanuatu, Venezuela
W
Wallis and Futuna, West Bank, Western Sahara
Y
Yemen
Z
Zaporizhzhia Oblast, Zimbabwe
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