Prohibited Business Activities include:
Illegal Drug Trade
Ponzi schemes, pyramid sellings, etc.
Sexually-Related Illegal Services
Weapons and Defense Equipment for military use
any illegal products or services, such as human trafficking, political corruption,
illegal wildlife trafficking, etc.
any other illegal activity or activity in violation of our Terms and Conditions.
Prohibited Business Activities also include any of the following activities without our specific prior approval:
Activities of religious, faith-based or political organizations
Adult entertainment and pornography
Affiliate marketing
Auctions
Bearer Share Structures and Nominee Arrangements
Binary Options
Counterfeit, replica goods
Crowdfunding and Crowdlending
Cryptocurrency or tokens
Cross-border logistics services
Drugs, including CBD products and other pseudo drugs
Extraction of crude petroleum and natural gas
Holding companies of private individuals owning less than 25% in subsidiaries
Gambling and Betting Activities, Casinos
Other activities that significantly add to the risk of money laundering (where we observe an increase / comparable high number of money laundering cases in connection with your transactions - it doesn’t have to be you, it may be another participant of the transaction) or where a regulator has issued an Anti money laundering warning for a certain type of industry
Any onboardings in relation to non-profit or charitable organisations and non-registered associations (nicht eingetragener Verein) are subject to exemption approval by Vivid.
Marketplaces
Multi-Level Marketing (MLM)
Pharmaceuticals
Financial institutions and other service providers who manage third-party funds (e.g.collectors, legal firms settling transactions for their customers etc)