⚠ Important SGP Points expire 180 days from issuance (less than 6 months). Not for remittance, transfer, or cash-out purposes.

Prohibited Business and Prohibited Country


Prohibited Industries - Not to OnboardHigh Risk Industries - Subject to EDD
• Shell Company
• Shell Bank
• Atomic Power
• Unregulated Charity
• Red Light Business / Adult Entertainment
• Marijuana
• Gambling
• Non-Regulated Banking and Finance in Non-FATF Member Jurisdiction
• Money or Value Transfer Services (MVTS) / Money Service Business (MSB) Customers
o Includes Money Changing and Remittance Services
• Regulated Casinos and Casino Junkets
• Virtual Currencies
• Regulated Banking and Finance Entity in Non-FATF Member Jurisdiction
• Correspondent Banks
• Pawnbrokers
• Payment Service Provider
• PEPs Nexus/ PEP Related / PEP Close Associate
• Arms, Defence Military
• Precious Metals and Stones
• Non-Profit Organizations
o Includes regulated charities, foundations, cultural associations, private educational institutions, religious organizations, private health institutions, voluntary welfare organizations
• Non-Government Organizations
• Embassies/ Consulates
• Art/ Antique dealers, Auction Houses or Dealers and Traders in High Value Goods
Prohibited Countries - Not to OnboardHigh Risk Countries - Subject to EDD
• Afghanistan
• Belarus
• Central African Republic (CAR)
• China *
• Cuba
• Democratic People's Republic of Korea (DPRK)
• Democratic Republic of Congo (DRC)
• Ethiopia
• India *
• Iran
• Iraq
• Libya
• Mali
• Nicaragua
• Somalia
• South Sudan
• Sudan
• Syria
• United States of America *
• Venezuela
• Yemen
• Zimbabwe
• Albania
• Barbados
• Burkina Faso
• Cameroon
• Cayman Islands
• Croatia
• Gibraltar
• Guinea-Bissau
• Haiti
• Jamaica
• Jordan
• Lebanon
• Mozambique
• Myanmar
• Nigeria
• Panama
• Philippines
• Russia
• Senegal
• South Africa
• Tanzania
• Turkey
• Uganda
• Ukraine
• United Arab Emirates (UAE)
• Vietnam


For Businesses

White-Label TMA &
Merchant Programs

For merchants, communities, organizations, and membership programs, we support white-label TMA apps, custom tokens, and billing management. We review applicable laws and partner requirements before proposing a compliant deployment model.