Prohibitions
Last updated: September 7, 2025
Use of the Pontech Group L.L.C Card (as defined in the Pontech Group L.L.C Card Terms for US and International users) for any dealings, engagement, or sale of goods/services linked directly or indirectly with jurisdictions that Pontech Group L.L.C. has deemed high risk, such as Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk Regions, or persons Pontech Group L.L.C has deemed high risk, such as those individuals or entities named to a restricted person or party list of the U.S., United Kingdom, European Union or United Nations, including the sanctions lists maintained by the U.S. Department of Treasury’s Office of Foreign Assets Control or the Denied Persons List or Entity List maintained by the U.S. Department of Commerce, is prohibited
Furthermore, Pontech Group L.L.C does not permit account registration for companies or individuals incorporated or residing in restricted jurisdictions.
Restricted Jurisdictions
Pontech Group L.L.C accounts are not available in the following countries (this list may be updated at any time):
Afghanistan
Albania
Belarus
Bosnia
Central African Republic
Congo
Croatia
Cuba
Cyprus
Eritrea
Haiti
Iran
Iraq
Kosovo
Lebanon
Liberia
Libya
Macedonia
Moldova
Montenegro
North Korea
Russia
Serbia
Somalia
Syria
Ukraine
Venezuela
Vietnam
Yemen
Zimbabwe
Prohibited Activities
1. Regulated or Illegal
Sale of narcotics and controlled substances without proper licensing
Manufacturing or selling weapons, ammunition, or explosives
Pornography (including child pornography)
Gambling, lotteries, and betting services
Prostitution and escort services
Sale of counterfeit goods
Ponzi schemes or pyramid schemes
2. Intellectual Property Infringement
Distribution of unlicensed software, music, or films
Sale of counterfeit goods
Unlawful import/export of protected items
3. Violence and Hate
Promotion of violence, extremism, or hate speech
Discrimination based on race, religion, gender, or nationality
4. Misuse of Pontech Products
Providing falsified information during account creation
Conducting transactions on behalf of third parties without disclosure
Using XPlace trademarks or brand assets without written consent
5. Restricted Activities (subject to enhanced due diligence and potential restrictions)
Financial institutions (banks, brokers, investment funds, asset managers)
Sale of certain pharmaceutical products (licensed only)