Restricted Activities
We're committed to ensuring that the Money Mover platform and our services are used for legitimate services, so there are certain industries and activities which we don't service.
All customers, their recipients and payments, are subject to monitoring. If we detect that you're not complying with these restrictions, then we may delay or reject your payments. If you continuously fail to comply, then we may even decide to close your account with us.
Restricted Industries
- Weapons / military-grade security
- Multi-level marketing
- Pawnbrokers [MCC: 5933 - Pawn Shops]
- Political organizations [MCC: 8651 - Organizations, Political]
- Precious metals and stones, including diamond traders [MCC: 5094 - Precious Stones and Metals, Watches and Jewelry]
- Unauthorized re-sale of luxury goods - including watch traders
- Adult entertainment
- Drug paraphernalia
- CBD and related products
- Carbon credits, including carbon credits traders
- Cryptoassets
- Gambling [MCC: 7995 - Betting (including Lottery Tickets, Casino Gaming Chips, Off - track Betting and Wagers)]
- Ponzi / pyramid schemes
- Firms involved in the servicing of illegal goods/services including but not limited to: counterfeit goods/trademark infringement, human trafficking, child labor, prostitution.
- Mining and extraction
- Scrap metal traders
- Energy traders
- Speculative trading
Restricted Client Types
- Financial Institutions making payments on behalf of other financial institutions, also known as ‘nested relationships’ or ‘Layering.’
- Shell Banks
- Charities
Restricted Activities
- Currency speculation
- Funds transfers between other FX brokers / e-wallet providers
- Transactions linked to Crypto Currencies