Prohibited

Introduction

This document outlines the prohibited countries and business activities that are not supported on the platform marketed by RED BELT SA. This information is provided to ensure transparency regarding jurisdictional restrictions and prohibited business types.

Partner Role Statement

RED BELT SA collaborates with a regulated financial services provider to bring you innovative digital banking solutions. Our partnership allows us to focus on creating an exceptional customer experience, while our regulated partner manages all financial services, account operations, and ensures compliance with applicable regulations.

1. Scope

This policy applies to all services marketed by RED BELT SA. It outlines restrictions regarding customer onboarding, transactions, and other activities that are enforced by the regulated platform operator. RED BELT SA is a marketing partner only and does not manage onboarding, transactions, or compliance processes.

2. Prohibited Jurisdictions

The platform does not support any onboarding or transaction activities involving the following jurisdictions, due to regulatory restrictions, international sanctions, or high-risk considerations:

• Afghanistan (AF)
• American Samoa (AS)
• Anguilla (AI)
• Belarus (BY)
• Benin (BJ)
• Bosnia and Herzegovina (BA)
• Burkina Faso (BF)
• Burundi (BI)
• Central African Republic (CF)
• Cote d'Ivoire (CI)
• Cuba (CU)
• Democratic People’s Republic of Korea (DPRK) (KP)
• Democratic Republic of Congo (CD)
• Eritrea (ER)
• Eswatini (SZ)
• Fiji (FJ)
• Guam (GU)
• Guinea (GN)
• Guinea-Bissau (GW)
• Haiti (HT)
• Iran (IR)
• Iraq (IQ)
• Kosovo (XK)
• Lebanon (LB)
• Liberia (LR)
• Libya (LY)
• Mali (ML)
• Marshall Islands (MH)
• Mozambique (MZ)
• Myanmar (MM)
• Nicaragua (NI)
• Niger (NE)
• Nigeria (NG)
• Pakistan (PK)
• Palau (PW)
• Palestine (PS)
• Panama (PA)
• Russian Federation (RU)
• Samoa (WS)
• Sierra Leone (SL)
• Somalia (SO)
• South Sudan (SS)
• Sudan (SD)
• Syria (SY)
• Togo (TG)
• Trinidad and Tobago (TT)
• Türkiye (TR)
• Ukraine (UA)
• United States (US)
• United States Minor Outlying Islands (UM)
• Vanuatu (VU)
• Venezuela (VE)
• Virgin Islands, U.S. (VI)
• Western Sahara (EH)
• Yemen (YE)
• Zimbabwe (ZW)

Additionally, the platform prohibits onboarding any customer with ultimate beneficial owners (UBOs), directors, or operations residing in or targeting websites toward the following sanctioned countries: Iran, North Korea, Syria, Cuba, Venezuela, and Russia.

This list is reviewed periodically by the regulated platform operator to ensure compliance with regulatory updates and may be amended accordingly.

3. Prohibited Business Activities

The following categories of businesses and business practices are explicitly prohibited from using the services marketed by RED BELT SA:

4. Special Requirements for Certain Activities

Certain industries may be subject to enhanced due diligence requirements by the regulated platform operator to ensure compliance with regulatory standards:

4.1 Licensed Gaming and Betting

Subject to valid licensing and regulatory approval in the operating jurisdiction. However, the platform does not provide services to gaming or contract for difference (CFD) firms requiring consumer payouts.

4.2 Cryptocurrency Services

Restricted to licensed or regulated businesses compliant with local and international regulations. The platform does not provide services to cryptocurrency firms acting on behalf of underlying clients.

4.3 Financial Institutions

The platform does not provide services to financial institutions, money service businesses (MSBs), or payment service providers (PSPs) that wish to engage in correspondence-style relationships involving transactions with or on behalf of their underlying clients, as this would create nested relationships prohibited by regulations.

5. Implementation and Enforcement

The regulated platform operator is responsible for all compliance screening, onboarding decisions, and enforcement of these prohibitions. RED BELT SA, as a marketing partner, does not make determinations regarding customer eligibility or conduct compliance reviews.

6. Review and Updates

This policy is reviewed and updated regularly by the regulated platform operator to reflect changes in regulatory requirements, market conditions, and risk assessments. Any updates will be communicated to all relevant stakeholders promptly.

7. Disclaimer

This document is provided for informational purposes only and does not constitute financial, investment, tax, or legal advice. RED BELT SA markets services provided by a regulated platform operator. Users accessing services through RED BELT SA will be subject to the terms, conditions, and policies of the regulated platform operator.

RED BELT SA is a marketing partner and does not provide regulated financial services. All customer onboarding, account management, transaction processing, and compliance activities are provided by the regulated platform operator, not by RED BELT SA.

Last Updated

Last updated: 30 June 2025

This document is reviewed regularly to ensure accuracy and compliance with current regulations and platform policies. Users should check back periodically for updates.