Compliance

Prohibited industries and countries

The below business types are not supported by Capi Money due to heightened risk, incompatibility with our banking partners, or undesirable brand association.

Country restrictions are reviewed regularly and may be updated at least yearly.

Prohibited Industries

  • Any illegal products or services;

  • Adult content (videos, magazines, DVDs, galleries);

  • Binary options;

  • CBD oil and related products;

  • Credit card / identity theft protection;

  • Cyberlockers / file sharing;

  • Cash advances and cash gifting;

  • Chain letters;

  • Check cashing;

  • Credit repair services;

  • Cruises;

  • Debt collection agencies;

  • Debt consolidation;

  • Drug paraphernalia;

  • Extended warranties;

  • Firearms;

  • Foreclosure protection;

  • Fortune tellers;

  • Grant assistance;

  • Investment programs and business opportunities;

  • Marijuana dispensaries;

  • Mail order brides;

  • Medical benefits and discounts;

  • Mortgage modification or reduction;

  • Nested payments;

  • Payday lending;

  • Replica or counterfeit goods;

  • Shell companies;

  • Timeshares.

Banned countries

Capi Money will not onboard or service any client with a material business presence in the following countries, nor process any transactions to or from them:


  • Belarus;

  • Cuba;

  • Iran;

  • Myanmar (Burma);

  • North Korea (DPRK);

  • Russia, including Crimea, Donetsk, Luhansk, Zaporizhzhia, and Kherson;

  • Syria.

Restricted countries

Clients with a material business presence in the following countries may be onboarded subject to Enhanced Due Diligence (EDD):


Africa

  • Angola

  • Cameroon

  • Central African Republic

  • Côte d’Ivoire

  • Democratic Republic of Congo

  • Kenya

  • Libya

  • Somalia

  • South Sudan

  • Sudan

  • Zimbabwe


Americas

  • Bolivia

  • Haiti

  • Nicaragua

  • Venezuela

  • Virgin Islands (UK)


Asia & Middle East

  • Iraq

  • Kuwait

  • Laos

  • Lebanon

  • Nepal

  • Sri Lanka

  • Vietnam

  • Yemen


Europe

  • Bosnia and Herzegovina

  • Bulgaria

  • Monaco


Oceania

  • Papua New Guinea


These lists are updated at least yearly. Applicants declined based on location may reapply at any time.