This list summarises the business types Plaitr does not onboard and those that require Enhanced Due Diligence and prior written approval. It is read together with the Plaitr Prohibited Use Policy and the requirements of Plaitr's licensed payment partners.
1Categorically prohibited
Any activity involving sanctioned individuals, entities, or jurisdictions
Money laundering, terrorist financing, and proliferation financing
Human trafficking, forced labour, child exploitation, and CSAM
Unlicensed money services, currency exchange, money transmission, or virtual-asset brokerage
Cryptocurrency mixers, tumblers, and privacy-enhancing coin services
Unlicensed securities offerings, ICOs, and secondary NFT marketplaces where used to evade securities law
Multi-level marketing, pyramid schemes, and high-yield investment programs
Debt-collection agencies operating without licence; bail bonds
Adult content businesses; escort and companionship services
Unlicensed marijuana- and cannabis-related operations
Tobacco and vape sales where prohibited by jurisdiction
Unlicensed weapons, munitions, and dual-use military goods
Narcotics and controlled substances outside licensed medical channels
Wildlife trafficking and trade in endangered species
Counterfeit, replica, and IP-infringing goods
Market manipulation, insider trading, and other capital-markets abuse
Ransomware operators, initial access brokers, and other cyber-crime revenues
Predatory or deceptive practices, including “get rich quick” schemes
Shell companies without demonstrable operations
2Restricted: Enhanced Due Diligence and prior written approval
Licensed operators in the following categories may be considered on a case-by-case basis, subject to Enhanced Due Diligence and prior written approval by Plaitr:
Licensed money services, remittance, and payment institutions
Licensed financial institutions, broker-dealers, and securities platforms
Licensed virtual-asset service providers and regulated exchanges
Licensed precious metals, jewellery, and high-value goods dealers
Licensed pharmaceutical, nutraceutical, and medical-device businesses
Licensed gaming and gambling operators in compliant jurisdictions
Charities, NGOs, and religious organisations
Politically Exposed Persons and PEP-controlled entities
3Alignment with partner requirements
This list is aligned with, and where applicable stricter than, the restricted-business requirements of Plaitr's licensed payment partners. Users may be subject to additional partner-specific restrictions communicated at account opening.
4Changes and enforcement
Plaitr may update this list at any time. Users are expected to notify Plaitr promptly of any change in their business that would bring them into scope. Plaitr may suspend or terminate accounts engaged in restricted or prohibited activity.