Prohibited Activities List

Revised July 22, 2020

Prohibited Businesses and Persons:

The following may not open or attempt to open an account with, or utilize services provided by Finvari:

  • Entities and persons listed on the specially designated nationals (SDN) list published by the United States Treasury Office of Foreign Asset Control; and
  • Entities and persons identified for comprehensive financial sanctions by the United States Department of State

Prohibited Activities:

Companies that are primarily engaged in the following activities will be prohibited for using Services:

  • Sale of Schedule I controlled substances with or without a pharmaceutical license, or sale of Schedules II-V controlled substances without a pharmaceutical license, where such schedules are defined bythe United States Department of Justice, Drug Enforcement Agency (DEA);
  • Production, sale, or distribution of marijuana;
  • Production, sale, or distribution of guns, accessories, ammunition, and other weapons;
  • Gambling, betting, lotteries, sweepstakes, or games of chance;
  • Prostitution or escort services;
  • Sale of counterfeit or "gray market" goods or services;
  • Get-rich-quick schemes, multi-level marketing, drop-shipping, use of Finvari services for high-frequency and automated purchasing for third parties, or activities that may be considered unfair, deceptive, or abusive acts or practices (UDAAP);
  • Use of Finvari services for personal, family household use, or any non-commercial use;
  • Activities that are illegal or that Finvari, in its sole discretion, identifies as high-risk; or
  • Use of the Services in manner that is inconsistent or prohibited by the Corporate Agreement.

Restricted Activities:

Companies that are engaged in the following activities may be required to provide additional information or documentation:

  • Purchase, sale, or mining of cryptocurrency; or
  • Financial services providers including banks or bank affiliates, securities brokers, or money transmitter.

 Please contact us if you are unsure whether your business or activities are permitted by Finvari.