There is a small number of countries that we are not able to work with such as:

• Afghanistan
• Belarus
• Cuba
• Myanmar
• North Korea
• Iran
• Libya
• Syria
• South Sudan
• Russia
• Ukraine regions of Donetsk, Zaporizhzhia, Luhansk and Kherson
• Venezuela

Please note that customers’ can receive funds and make payments to a large number of countries. The specific list of countries your counterparties can be based in depends on the account we issue you with.

Payments with the following characteristics are not permitted through the Regent FE accounts:

• payments that appear to relate to any form of illegal / unlawful activity;
• payments sanctioned by applicable law and regulations (UN, EU, including member state, UK and US);
• payments that are noncompliant with the Funds Transfer Regulations;
• payments involving arms and munitions dealers;
• payments related to the cannabis supply chain, including where legal;
• payments related to pornography industry;
• payments involving unregulated / unlicensed gambling, and gaming firms, including unlawful internet gaming;
• payments arising from, or related to, transactions in Russian-origin oil or in other Russian-origin oil or petroleum products (as defined under HS codes 2709 and 2710), irrespective of their price;

Customers involved in the following industries, or payments adjacent to these industries are not permitted through the Regent FE accounts.

• businesses linked to illegal / unlawful activity;
• shell banks;
• banks that are operating solely under an “offshore license”;
• legal entities who are involved in the pornography industry;
• legal entities involved in any element of the cannabis supply chain, including where legal;
• bearer share companies (where operating as such), except for those that are publicly traded on a recognised exchange;
• individuals or entities sanctioned by the UN, EU, including any member state, UK or US sanctions regime, or under any other applicable law and/or regulations;
• customers engaging in activities that require a license, without having or seeking to obtain such license;
• financial institutions designated under Section 311 of the USA Patriot Act;