Acceptable Use Policy
As part of its legal and regulatory obligations, as well as its high quality level standards, Wittix will not operate, provide services, have any kind of business relationships, or process incoming or outgoing transactions related to prohibited countries. The list of prohibited countries is provided below.Restricted country list for performing transactions
Belarus
Cuba
Iran
Kazakhstan
North Korea
Libya
Myanmar
Russia
South Sudan
Sudan
Syria
VenezuelaThis list is fixed by Wittix unilaterally and is subjected to regular change.
Registration and client onboarding is currently unavailable for business customers who are incorporated in these countries
Afghanistan
Algeria
American Samoa
Anguilla
Bangladesh Belarus
Bolivia
Burkina Faso
Cambodia
Cameroon
Central African Republic
Chad
Colombia
Congo
Democratic Republic of the Congo
Cote d'Ivoire Cuba
Ecuador
Egypt
Eritrea
Ethiopia
Fiji Islands
The Gambia
Ghana
Guam
Guinea
Guinea-Bissau
Haiti
Indonesia Iran
Iraq
Jordan Kazakhstan
Kenya North Korea
Laos
Lebanon
Lesotho Libya
Malaysia
Mali
Mexico
Mongolia
Morocco
Mozambique Myanmar
Nepal
Nicaragua
Niger
Nigeria
Oman
Pakistan
Palau
Palestinian Territory
Panama
Peru Russia
Samoa
Senegal
Sierra Leone
Slovenia
Somalia South Sudan
Sri Lanka Sudan Syria
Tajikistan
Tanzania
Trinidad And Tobago
Tunisia
Uganda
Uzbekistan
Vanuatu Venezuela
Vietnam
Virgin Islands US
YemenRegistration and client onboarding is currently unavailable for private customers who are residents in these countries
Afghanistan Algeria American Samoa Anguilla Bangladesh Belarus Bolivia Burkina Faso Cambodia Cameroon Central African Republic Chad Colombia Congo Democratic Republic of the Congo Cote d'Ivoire Cuba Ecuador Egypt Eritrea Ethiopia Fiji Islands The Gambia Ghana Guam Guinea Guinea-Bissau Haiti Indonesia Iran Iraq Jordan Kazakhstan Kenya North Korea Laos Lebanon Lesotho Libya Malaysia Mali Mexico Mongolia Morocco Mozambique Myanmar Nepal Nicaragua Niger Nigeria Oman Pakistan Palau Palestinian Territory Panama Peru Russia Samoa Senegal Sierra Leone Slovenia Somalia South Sudan Sri Lanka Sudan Syria Tajikistan Tanzania Trinidad And Tobago Tunisia Uganda Uzbekistan Vanuatu Venezuela Vietnam Virgin Islands US YemenRestricted and prohibited activities and industries
Multi-level marketing, pyramid schemes, get rich quick schemes
Shell Banks
Trade of restricted and/or endangered animal species and products derived from them
Ponzi / illegal pyramid schemesAcceptable Use Policy
This Acceptable Use Policy sets out the terms under which you may access our Services and applies as soon as you access and/or use Wittix.
Please check the User Agreement for the meaning of the defined words.
Restricted activities
You may use our Services only for lawful purposes. You may not use our Services:
- In any way that breaches any applicable local, international, or national laws or regulations, or causes Wittix to breach any applicable law or regulation;
- In any way that is unlawful or fraudulent or has any unlawful or fraudulent purpose or effect;
- For the purpose of harming or attempting to harm minors in any way;
- For anything that is abusive, harmful, or does not comply with our content standards;
- For any unsolicited or unauthorized advertising, promotional material, or any other form of spam;
- If you are an individual, entity, or country subjected to international sanctions;
- For websites deemed unfair, deceptive, or predatory towards consumers;
- In any way that would locally or internationally evade any applicable taxes or facilitate tax evasion.
You cannot open or hold a Wittix account if you carry out any sort of business or activity that relates to the following*:
- Escort and dating with sexual intention;
- Pornography / Prostitution;
- Weapons, firearms, and munitions, military goods and services;
- Unregulated auction houses/platform;
- Illegal narcotics, controlled substances, substances mimicking illegal drugs, and any equipment designed for producing or using illegal/controlled drugs;
- Illegal gambling/trading;
- Trading in prime-bank guarantees, debentures, and letters of credit or medium-term notes;
- Nonprofit organizations and charities from countries outside of Canada, European Economic Area and/or European Union, Switzerland, USA, Australia, or New Zealand;
- Unregistered charities from any region;
- Multi-level marketing, pyramid schemes, get rich quick schemes;
- Trade of restricted and/or endangered animal species and products derived from them;
- Harmful programs such as viruses, spyware, or similar computer code designed to adversely affect the operation of any computer software or hardware;
- Unlicensed online pharmacies;
- Transactions related to cultural artifacts and other archaeologically, historically, culturally and religiously important valuables or rare scientific valuables;
- Unlicensed gambling;
- Crypto Exchanges/Initial Coin Offering (ICO);
- Training/courses on investments and in areas of finance (Crypto/forex).
Notwithstanding whether a business activity is not included on the list of prohibited activities, Wittix reserves the right to unilaterally determine whether the Customer is involved in activities exceeding the Wittix risk appetite and suspend the provision of all or a part of the Services to the Customer and/or terminate an ongoing contractual relationship with the Customer.
The Prospective Customer or the Customer shall consult with Wittix in case the Prospective Customer or the Customer is in doubt whether or not the relevant activity is deemed to be prohibited.