Global Account Terms of Use
1. Incoming Payments
Incoming payments to your Global Account must be in the form of a bank transfer and be related to your business operations.
Cash and/or cheques are not accepted.
2. Prohibited countries
We will not accept incoming payments or approve outward payment requests from or to, counterparties or banks, operating in countries on our prohibited country list. Our list of prohibited countries has been provided with this notice.
Violation of this policy is grounds for immediate closure of your Global Account and your funds may be frozen.
3. Deposits
Unless self-funded deposits have a predestination or predetermined purpose, they are not permitted. This is because Currenxie is not a deposit taking Financial Institution or Bank.
A self-funded incoming payment is defined as a payment that is sent to your Global Account from your own company, your company’s shareholders and/or your company’s directors or employees.
Prohibited Countries/Jurisdictions:
Afghanistan
Algeria
Angola
Azerbaijan
Bangladesh
Barbados
Belarus
Benin
Bolivia (Plurinational State Of)
Bosnia and Herzegovina
Bouvet Island
Burkina Faso
Burundi
Cameroon
Central African Republic
Chad
Comoros
Congo
Congo (Democratic Republic of the)
Côte d'Ivoire
Cuba
Djibouti
Dominican Republic
Egypt
El Salvador
Equatorial Guinea
Eritrea
Eswatini
Gabon
Gambia
Georgia
Ghana
Guatemala
Guinea
Guinea-Bissau
Haiti
Honduras
Iran (Islamic Republic of)
Iraq
Kazakhstan
Korea (Democratic People's Republic of)
Kyrgyzstan
Lao People's Democratic Republic
Lebanon
Liberia
Libya
Madagascar
Mali
Mauritania
Moldova (Republic of)
Mozambique
Myanmar
Nicaragua
Niger
Nigeria
Pakistan
Palestine, State of
Papua New Guinea
Russian Federation
Senegal
Sierra Leone
Somalia
South Sudan
Sudan
Suriname
Syrian Arab Republic
Tajikistan
Turkmenistan
Uganda
Ukraine
Uzbekistan
Venezuela (Bolivarian Republic of)
Western Sahara
Yemen
Zimbabwe
We reserve the right to amend this list at any time.