What kind of companies, transfers, and industries are barred from the Juni platform? 

  Companies from these industries are barred from the Juni platform

 

  • Crypto-currency exchanges and merchants
  • Unregulated financial services (where licensing required)
  • Pyramid or Ponzi scheme or multi-level marketing programs
  • Hawala
  • Un-licensed FX broker
  • Binary options
  • Debt restructuring, credit repair, debt settlement, providing credit, debt collections, (unless received a written pre-approval from PayrNet)
  • Gambling
  • Get rich quick schemes
  • Activities aimed at circumventing security controls (software, hardware)
  • Unregulated pharmaceuticals / food supplements (e.g.“nutraceuticals”)
  • Piracy or illegal streaming services 
  • Counterfeit goods and violation of intellectual property, items that violates someone's privacy
  • Arms / dual use goods/ human organs
  • Unlicensed charities
  • Shell companies
  • Companies formed of Bearer Shares
  • Remittances funded in cash
  • Offshore bank transactions/ Shell banks
  • Adult services connected to human trafficking; intermediation of prostitution; production, visual broadcasting of pornography or striptease clubs (the approach does not include literature, toys, DVD's, educational or scientific material or dating sites )
  • Fourth party payment & multi-layered MSB arrangements
  • Transactions for goods subject to export prohibition/restrictions
  • Transactions with living animals (exceptions possible for payments for horse riding, or dog classes)
  • Political / religious organisations engaged in hate speech
  • Sanctioned entities

 

**Juni will continue to monitor and update this list**

*payments to these industries may be blocked and lead to closing of accounts