Prohibited Activities

Last Updated: November 12, 2023

Prohibited Businesses and Persons:

The following may not open or attempt to open an account with, or utilize services provided by Hexacard:

• Entities and persons listed on the specially designated nationals (SDN) list published by the United States Treasury Office of Foreign Asset Control; and
• Entities and persons identified for comprehensive financial sanctions by the United States Department of State

Prohibited Activities:

Companies that are primarily engaged in the following activities will be prohibited for using Services:

• Sale of Schedule I controlled substances with or without a pharmaceutical license, or sale of Schedules II-V controlled substances without a pharmaceutical license, where such schedules are defined by the United States Department of Justice, Drug Enforcement Agency (DEA);

• Production, sale, or distribution of marijuana;

• Production, sale, or distribution of guns, accessories, ammunition, and other weapons;

• Gambling, betting, lotteries, sweepstakes, or games of chance;

• Adult entertainment businesses; Online advertisers for adult entertainment services;

• Prostitution or escort services;

• Sale of counterfeit or “gray market” goods or services;

• Get-rich-quick schemes, multi-level marketing, drop-shipping, use of Hexacard services for high-frequency and automated purchasing for third parties, or activities that may be considered unfair, deceptive, or abusive acts or practices (UDAAP);

• Accounts designed to hide ownership identity;

• Use of Hexacard services for personal, family household use, or any non-commercial use;

• Activities that are illegal or that Hexacard, in its sole discretion, identifies as high-risk; or

• Use of the Services in manner that is inconsistent or prohibited by the Platform Agreement. ‍

Restricted Activities:

Companies that are engaged in the following activities may be required to provide additional information or documentation:

• Purchase, sale, or mining of cryptocurrency;

• Financial services providers including banks or bank affiliates, securities brokers, or money transmitters; or

• Professional services including law firms or consulting firms.

Please contact us if you are unsure whether your business or activities are permitted by Hexacard.