Prohibited Activities
Prohibited Businesses and Persons:
Entities and individuals who are not permitted to open an account or use the services provided by TbtPay include:
- Sanctioned Entities: Entities and individuals listed on international sanctions lists, such as the U.S. Specially Designated Nationals (SDN) list or Turkey’s sanctions lists.
- Criminal Activities: Entities and individuals identified due to involvement in activities related to money laundering, terrorist financing, or other financial crimes.
Prohibited Activities:
Companies primarily engaged in the following activities are prohibited from using TbtPay services:
- Illegal Drugs: The sale of illegal drugs, including marijuana, even if it is legal in certain countries.
- Weapons: The production, sale, or distribution of firearms and ammunition, unless legally licensed.
- Gambling and Betting: Gambling, betting, and games of chance that are not legally permitted.
- Illegal Activities: Prostitution, escort services, the sale of counterfeit goods, pyramid schemes, Ponzi schemes, and any other activities considered criminal under local and international laws.
- High-Risk Activities: Activities that may be considered unfair, deceptive, or abusive, such as high-frequency purchasing for third parties or concealing ownership identity.
- Personal Use: The use of TbtPay services for personal, non-commercial purposes, unless specifically authorized.
- Any other activities that:
- Are illegal;
- Contradict the Platform Agreement; or
- Are deemed high-risk by TbtPay at its sole discretion.
Restricted Activities:
Companies engaged in the following activities may be required to provide additional documentation to use TbtPay services:
- Cryptocurrencies: The purchase, sale, or mining of cryptocurrencies.
- Financial Services: Providing financial services such as banking, brokerage, or money transmission.
- Professional Services: Offering legal or consulting services.
Important: In addition to the above, local Turkish laws also play a role in determining permissible and prohibited activities. TbtPay reserves the right to change this policy at any time without prior notice.
For more information or if you have any questions, please contact us:
Email: [email protected]
Last Updated: August 27, 2024
