Some industries are higher risk, and we cannot ensure that we cover them. We are currently focusing on the businesses where we can add the most value. incard reserves the right to refuse to open your account, especially if your company's business purpose is one of the following:
Insurance brokerage activity
Fund, portfolio and collective investment management
Financial Institutions making payments on behalf of other financial institutions, also known as ‘nested relationships’ or ‘layering.’
Trading, exchange and mining or any investment in digital assets
Provision of payment services without authorisation
Sexual activity (pornography, prostitution, sale of sexual accessories, escorting)
Sale of tobacco (including electronic cigarettes), alcohol
Construction and chemicals
Activities related to cannabis products and derivatives (THC-CBD-Hemp)
Military and semi-military activities, including the sale of weapons, war vehicles and all reproductions
Auction sales, sales of works of art
Online and in-store sales of protein powders, food supplements and medicines
Travel Related Arrangement Services (e.g. Airlines, accommodations, and ticketing agents)
Medical devices, Drug and drug related products and services
Political organisations
Publishers of racist, adult, lobby materials or political propaganda
Seeds or plants
Ponzi, pyramid schemes, multi-level marketing, “get rich quick” schemes, outbound telemarketing
Casinos, gambling, betting, horse and dog racing
fortune-telling, clairvoyance, astrology
Cryptocurrency (trading, exchange and mining), blockchain
Trading/brokerage platform or any activity related to: currencies, precious metals, stones, gems, carbon credits, other products, securities
Accessibility diagnosis
Sale of SIM cards and mobile phone top-ups, calling cards and VoIP providers
Online file sharing
Sale of goods/services likely to damage the image or reputation of third parties
Activities related to the mining, oil and gas industries
Any illegal activity
If your industry isn’t mentioned above, you can apply for a business account. But a heads up: we might not accept businesses in other industries too, if we don’t think it’s appropriate.