MONTOWIRE MSB LTD — Restricted Jurisdictions and Prohibited Activities
The following jurisdictions and business activities are strictly prohibited. MONTOWIRE MSB LTD does not establish or maintain business relationships involving these categories.
Prohibited Business Activities
- Weapons, arms, defense & explosives, dual-use goods, military and security contractors
- Drugs (illegal or controlled substances including cannabis), substances designed to mimic drugs, and equipment for making or using drugs
- Wildlife trafficking and prohibited wildlife products
- Adult content and services (including prostitution and escort services)
- Informal value transfer / Hawala
- Hazardous or controlled chemicals and radioactive materials
- Individuals or entities known or suspected to be associated with terrorist or criminal organizations, including sanctioned entities
- Counterfeit goods, piracy, IP infringement, products and services violating intellectual property rights
- Multi-level marketing (MLM)
- Shell banks and shell companies
- Get-rich-quick or deceptive schemes
- Cash handling and logistics (ATMs, cash couriers)
- Anonymous banking, unlicensed or unregistered financial institutions, or payment service providers without appropriate licenses
- Sanctioned persons and businesses, or cases where sanction risk is very high
- Pyramid schemes
- Political or religious organizations and groups
- Atomic power, oil and gas
- Embassies and consulates
- Assets known or suspected to be proceeds of criminal activity or terrorism
- Binary options
- Debt collection services without license
- Banknotes sales
- Pharmacies, pharmaceutical activities, medicinal products and pharmaceutical trade
- Cheque cashers / acquirer services for private ATMs / cash couriers
Prohibited Jurisdictions
Afghanistan, American Samoa, Angola, Anguilla, Antigua and Barbuda, Aruba, Barbados, Belarus, Benin, Bermuda, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Congo (Democratic Republic of the), Congo (Republic of), Cote d’Ivoire, Crimea (unrecognized), Cuba, Djibouti, Donetsk People’s Republic (unrecognized), Eswatini, Ethiopia, Fiji, Gambia, Guam, Guatemala, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Kherson People’s Republic, Laos, Lebanon, Libya, Lugansk People’s Republic (unrecognized), Mali, Myanmar (Burma), Nagorno-Karabakh Republic / Republic of Artsakh (unrecognized), Nicaragua, Niger, North Korea, Pakistan, Palau, Palestine (State of), Transnistria (unrecognized), Republic of South Ossetia (unrecognized), Russian Federation, Senegal, Sevastopol (unrecognized), Sierra Leone, Somalia, Somaliland, South Sudan, Sudan, Suriname, Syrian Arab Republic, Togo, Republic of Abkhazia (unrecognized), Trinidad and Tobago, Turkish Republic of Northern Cyprus (unrecognized), Turks and Caicos Islands, Turkmenistan, Venezuela,, Virgin Islands (U.S.), West Bank (Palestinian Territory, Occupied), Western Sahara, Yemen, Zambia, Zaporizhzhia People’s Republic, Zimbabwe
Foreign government- and state-established companies and organisations, except financial institutions and government-established educational, innovation and research institutions. Approval decisions for government-related entities are made only by senior management, taking into account the risks associated with the applicant.
Montowire reserves the right to reject any applicant without providing reasons or explanation.