Articles on: FAQ's

Plumter's Prohibited Business Categories


  • Business Services
  • Charitable Organizations;
  • Childcare and Education


  • Consulting


  • Foreign Politically Exposed Persons;
  • Insurance


  • Legal Services


  • Payment processors;
  • Non-bank financial institutions
  • Non profit


  • Real estate


  • Transactions involving sanctions targets;
  • Direct onboarding or offboarding of cryptocurrency and cryptocurrency peer-to-peer payments;
  • Marijuana-related businesses;
  • Bearer share companies;
  • Shell banks;
  • Unlicensed or unregistered Money Services Businesses;
  • Unlawful Internet Gambling Companies as defined in the Unlawful Internet Gambling Act of 2006;
  • Payday lenders;
  • Missions, embassies and consulates;
  • Adult entertainment and services businesses;
  • Drug trafficking, drug paraphernalia manufacturing, or illicit drug distribution;
  • Ponzi schemes, pyramid selling, pump and dump schemes, or other forms of “get rich quick” business models;
  • Hate speech or abuse and unlawful discrimination;
  • Weapons, ammunition, and firearms trading or manufacturing;
  • Counterfeit goods;
  • Illegal or criminal activity;
  • Gems and mining businesses, precious metals, and commodities; or
  • Pseudo-medical and pseudo-pharmaceutical companies


Updated on: 24/03/2025

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