General Information
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      1. Wallex FAQs
      2. International Collection
      3. General Information

      What are the restricted jurisdictions for US/UK-based collection accounts?

      Wallex strictly complies with applicable sanctions regulations and lists. This list refers to corporate customers for the United States or United Kingdom-based collection account.

      Belarus Kherson region of Ukraine     South Sudan
      Crimea Libya Sudan
      Cuba Luhansk region of Ukraine     Syria
      Donetsk region of Ukraine Myanmar* Venezuela
      Iran North Korea     Zaporizhzhia region of Ukraine
      Kazakhstan  Russia  

       

      * Myanmar
      Due to the current military coup in Myanmar, all banks onshore have been instructed by the Myanmar Banks Association to remain closed. As the banking system is now offline, our banking provider is unable to process any payments to Myanmar until further notice.

      Ukraine

      Please be aware that all payments to Ukraine remain subject to delays due to the ongoing conflict and the increased sanctions risk. Currencycloud continues to monitor the situation regularly and will update this page with any changes.