Please, find below the list of the countries that are considered as High Risk and that can not be onboarded for the business account with Banxe.
Please note, that the Risk Scoring affects the amount of fee charged for application review and for account opening. You can find more information about fees here.
| Country | ISO 3166-1 alpha3 | Risk Score |
| Afghanistan | AFG | Restricted |
| Albania | ALB | High |
| Antarctica | ATA | Restricted |
| Bouvet Island | BVT | Restricted |
| Burundi | BDI | High |
| Democratic Republic of the Congo | COD | High |
| French Southern and Antarctic Lands | ATF | Restricted |
| Haiti | HTI | High |
| Heard Island and McDonald Islands | HMD | Restricted |
| Iran | IRN | Restricted |
| Iraq | IRQ | High |
| Lebanon | LBN | High |
| Libya | LBY | High |
| Mali | MLI | High |
| Mozambique | MOZ | High |
| Myanmar | MMR | Restricted |
| Netherlands Antilles | ANT | Restricted |
| Nigeria | NGA | High |
| North Korea | PRK | Restricted |
| Palestine | PSE | High |
| Panama | PAN | High |
| Philippines | PHL | High |
| Russia | RUS | Restricted |
| Somalia | SOM | High |
| South Georgia and South Sandwich Islands | SGS | Restricted |
| South Sudan | SSD | High |
| Syria | SYR | Restricted |
| Tanzania | TZA | High |
| Turkey | TUR | High |
| United Arab Emirates | ARE | High |
| Venezuela | VEN | High |
| Yemen | YEM | High |
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