SatchelPay list of industries it cannot work with (number 28):
1. Production or trade in any product or activity deemed illegal under host country laws
or regulations or international conventions and agreements, including without
limitation host country requirements related to environmental, health and safety and
labor aspects;
2. Production or trade in weapons and munitions;
3. Production or trade in alcoholic beverages (including beer and wine);
4. Production or trade in tobacco;
5. Gambling, casinos and equivalent enterprises;
6. Trade in wildlife or wildlife products regulated under CITES;
7. Production or trade in radioactive materials;
8. Commercial logging operations or purchase of logging equipment for use in primary
tropical moist forest;
9. Production or trade in pharmaceuticals subject to international phase outs or bans;
10. Production or trade in pesticides/herbicides subject to international phase outs or
bans;
11. Drift net fishing in the marine environment using nets in excess of 2.5km. in length
Production or activities involving harmful or exploitative forms of forced labor/harmful
child labor;
12. Production or trade in ozone depleting substances subject to international phase out;
13. Production or trade in wood or other forestry products from unmanaged forests;
14. Production, trade, storage, or transport of significant volumes of hazardous
chemicals, or commercial scale usage of hazardous chemicals;
15. Any business relating to pornography or prostitution;
16. Quarries, mining, or processing of metal ores or coal;
17. Giving or receiving gifts that could be interpreted as intending to influence business
decisions;
18. Abusing confidential or material, non-public information;
19. Trading of Animal Fur, Bones and Ivory;
20. Diamond trading without Kimberley Certification;
21. Indecent and Obscene material including child pornography;
22. Cultural objects like sculptures, statues, antiques, collectors items, archeological
pieces especially from Iraq;
Black List Jurisdictions Activities
www.satchelpay.com
Satchelpay Blacklist Jurisdiction Activities version 3.1
23. Trading of Fireworks, explosives and Nuclear Weapons;
24. Mining;
25. Drug trafficking including chemicals used to manufacture synthetic drug or drugs;
26. Vessel security;
27. Online dating/Adult Chat Room;
28.
Bitcoin Binary Trading/Virtual Money;
29.
Investment from several individuals (third party) without proper approval;
30. Human Body Parts and Pathogens;
31. Gambling/Betting/Casino/Horse Racing/Bingo/Sports Betting;
32. Online Casino/Online Poker/Online Gambling/Online Betting;
33. Prize Draws/Gift Cards/Any form of Lottery/Scratch cards;
34. Bearer shares and bonds;
35. Trading in Derivatives/Options/Hedging/FOREX;
36. Donations/Charities;
37. Money exchange dealer;
38. Payroll companies – subject to approval from management;
39. Jewel, Gem, Precious metal dealers;
40.
Cash Pooling Structure
