Updated September 2020
Incoming payments to your Global Account must be in the form of a bank transfer and be related to your business operations.
Cheques, cash, and/or payments from personal (non-business) accounts are not accepted. An exception to the latter is outlined in section 4.
Sanctioned Countries and Banks
We will not accept incoming payments or approve outward payment requests from or to sanctioned countries, jurisdictions or banks. A list of these countries and jurisdictions 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.
High Risk Countries/Jurisdictions
We will not accept incoming payments or approve outward payment requests from or to high risk countries or jurisdictions. A list of these countries and jurisdictions has been provided with this notice.
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.
- Bosnia and Herzegovina
- Central African Republic
- Cote D’Ivoire
- Democratic People’s Republic of Korea
- Democratic Republic of Congo
- South Sudan
Countries/Jurisdictions Considered High Risk:
- American Samoa
- Puerto Rico
- Republic of Congo
- Saudi Arabia
- Sierra Leone
- Sri Lanka
- Trinidad and Tobago
- US Virgin Islands
We reserve the right to amend this list at any time.