As part of our ongoing commitment to mitigate the risk of money laundering and terrorist financing.
EWG adheres to restrictions on the type of industries, activities, and countries we are able to support and service. Failure to comply with these restrictions can result in delayed payments or rejected payments with continuous breaches leading to account closure.
Non-Permitted Industries – Global
- Weapons / Military-Grade Security
- Multi-Level Marketing
- Pawnbrokers [MCC: 5933 - Pawn Shops]
- Political Organizations [MCC: 8651 - Organizations, Political]
- Precious metals and stones, including diamond traders [MCC: 5094 - Precious Stones and Metals, Watches and Jewelry]
- Adult Entertainment
- Drug Paraphernalia
- CBD and related products
- Carbon Credits, including carbon credits traders
- Crypto Assets
- Gambling [MCC: 7995 - Betting (including Lottery Tickets, Casino Gaming Chips, Off - track Betting and Wagers)]
- Ponzi / Pyramid Schemes
- Firms involved in the servicing of illegal goods/services including but not limited to: Counterfeit Goods/trademark infringement, Human Trafficking, Child Labour, Prostitution.
- Mining and Extraction
- Scrap metal traders
- Energy traders
- Speculative trading
Non-Permitted Industries – United States of America
- Chemicals
- Medical devices (FDA classified)
- Medications or prescription drugs
- Alcohol [MCC: 5813 - Drinking Places (Alcoholic Beverages), Bars, Taverns, Cocktail lounges, Nightclubs and Discotheques]
- Tobacco [MCC: 5993 - Cigar Stores and Stands]
- Dietary supplements
- Seeds or plants [MCC: 5193 - Florists Supplies, Nursery Stock, and Flowers]
- Regulated financial services
- Outbound telemarketing [MCC: 5966 - Direct Marketing-Outbound Telemarketing Merchants]
Non-Permitted Client Types
- Financial Institutions making payments on behalf of other financial institutions, also known as ‘nested relationships’ or ‘Layering.’
- Shell Banks
- Unregistered Charities
Non-Permitted Activities
- Clients are not allowed to use our services to speculate changes in FX
- Remittances funded in cash
- Transactions deriving from Crypto Currencies
