Blacklisted Jurisdictions

Blacklisted Jurisdictions

As part of its legal and regulatory obligations, as well as its high-quality level standards, Monvenience will not serve any person, have any kind of business relationships with persons, or process incoming or outgoing transactions related to Prohibited Countries. The list of Prohibited Countries is provided below. This list is fixed by Monvenience unilaterally and is subject to regular change.

The List of Blacklisted Jurisdictions

American Independent State of SamoaAnguillaAntigua and Barbuda
ArubaBelizeBolivarian Republic of Venezuela
British Indian Ocean TerritoryBritish Virgin IslandsBurkina Faso
Caribbean NetherlandsCayman IslandsCentral African Republic
Christmas IslandCo-operative Republic of GuyanaCocos (Keeling) Islands
Commonwealth of DominicaCommonwealth of Puerto RicoCommonwealth of The Bahamas
Commonwealth of the Northern Mariana IslandsCook IslandsDemocratic People’s Republic of Korea
Democratic Republic of São Tomé and PríncipeDemocratic Republic of Timor-LesteDemocratic Republic of the Congo
Democratic Socialist Republic of Sri LankaDepartment of MayotteDjibouti
Dominican RepublicFederal Democratic Republic of EthiopiaFederal Republic of Nigeria
Federal Republic of SomaliaFederation of Saint Christopher and NevisFrench Polynesia
French Southern TerritoriesGabonese RepublicGaza Strip
GrenadaGuamHashemite Kingdom of Jordan
Holy See (Vatican City State)Independent State of SamoaIslamic Republic of Afghanistan
Islamic Republic of IranIslamic Republic of PakistanKingdom of Cambodia
Kingdom of LesothoKingdom of TongaKyrgyz Republic
Lao People’s Democratic RepublicLebanese RepublicMacao Special Administrative Region of the People’s Republic of China
MicronesiaMontserratMozambique
Nation of BruneiNew CaledoniaNiue
Norfolk IslandOverseas Collectivity of Saint Pierre and MiquelonPalestinian Territory
People’s Republic of BangladeshPitcairn, Henderson, Ducie and Oeno IslandsPlurinational State of Bolivia
Republic of AngolaRepublic of BeninRepublic of Botswana
Republic of BurundiRepublic of Cape VerdeRepublic of Chad
Republic of Costa RicaRepublic of CubaRepublic of Côte d’Ivoire
Republic of EcuadorRepublic of Equatorial GuineaRepublic of Fiji
Republic of GhanaRepublic of Guinea-BissauRepublic of Haiti
Republic of HondurasRepublic of IraqRepublic of Kiribati
Republic of KosovoRepublic of LiberiaRepublic of Madagascar
Republic of MalawiRepublic of MaldivesRepublic of Mali
Republic of MauritaniaRepublic of MauritiusRepublic of Namibia
Republic of NauruRepublic of NicaraguaRepublic of Panama
Republic of RwandaRepublic of SeychellesRepublic of Sierra Leone
Republic of South Republic of the SudanRepublic of TajikistanRepublic of The Gambia
Republic of TunisiaRepublic of TurkmenistanRepublic of Uganda
Republic of VanuatuRepublic of YemenRepublic of Zambia
Republic of ZimbabweRepublic of the Marshall IslandsRepublic of the Niger
Republic of the SudanRepublic of the Union of MyanmarReunion
Saint BarthélemySaint Helena, Ascension and Tristan da CunhaSaint Kits and Nevis
Saint Vincent and the GrenadinesSocialist Republic of VietnamSouth Georgia and the South Sandwich Islands
State of EritreaState of LibyaSvalbard and Jan Mayen
SwazilandSyrian Arab RepublicTerritory of the Wallis and Futuna Islands
Togolese RepublicTokelauTurks and Caicos
TuvaluUnion of the ComorosUnited States Minor Outlying Islands
Virgin Islands of the United StatesWestern Sahara 

Note on United States of America

Monvenience does not treat United States of America as prohibited country, however only transactions to and from United States are allowed. Private and corporate customers from United States are not allowed to open account with Monvenience. In addition, corporate customers having United States residents or citizens as beneficial owners, directors or representatives are also not allowed to open account with Monvenience.

Prohibited (High Risk) Activities

1. Production or trade in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements, including without limitation host country requirements related to environmental, health and safety and labour aspects; 2. Production or trade in weapons and munitions;
3. Production or trade in alcoholic beverages (including beer and wine); 4. Production or trade in tobacco;
5. Trade in wildlife or wildlife products regulated under CITES; 6. Production or trade in radioactive materials;
7. Commercial logging operations or purchase of logging equipment for use in primary tropical moist forest; 8. Production or trade in pharmaceuticals subject to international phase outs or bans;
9. Production or trade in pesticides/herbicides subject to international phase outs or bans; 10. Drift net fishing in the marine environment using nets in excess of 2.5km. in length Production or activities involving harmful or exploitative forms of forced labour/harmful child labour;
11. Production or trade in ozone depleting substances subject to international phase out; 12. Production or trade in wood or other forestry products from unmanaged forests;
13. Production, trade, storage, or transport of significant volumes of hazardous chemicals, or commercial scale usage of hazardous chemicals; 14. Any business relating to pornography or prostitution;
15. Quarries, mining, or processing of metal ores or coal; 16. Giving or receiving gifts that could be interpreted as intending to influence business decisions;
17. Abusing confidential or material, non-public information; 18. Trading of Animal Fur, Bones and Ivory;
19. Diamond trading without Kimberley Certification; 20. Indecent and Obscene material including child pornography;
21. Cultural objects like sculptures, statues, antiques, collectors items, archeological pieces especially from Republic of Iraq; 22. Trading of Fireworks, explosives and Nuclear Weapons;
23. Drug trafficking including chemicals used to manufacture synthetic drug or drugs; 24. Vessel security;
25. Human Body Parts and Pathogens; 26. Non-licensed Offline Gambling/Betting/Casino/Horse Racing/Bingo/Sports Betting;
27. Non-licensed Online Casino/Online Poker/Online Gambling/Online Betting/Prize Draws/Gift Cards/Any form of Lottery/Scratch cards; 28. Bearer shares and bonds;
29. Trading in Derivatives/Options/Hedging; 30. Donations/Charities;
31. Money exchange dealer; 32. Jewel, Gem, Precious metal dealers;
33. Cash Pooling Structure; 34. Non-licensed Forex/Binary Options;
35. Activities related to cryptocurrency business. 
Back to Top