To ensure a secure and compliant financial environment, Robora Financial prohibits certain high-risk industries from opening accounts.
Below is the list of Prohibited Industries:
National Security and International Affairs
ADULT_CONTENT - Pornography, Dating Sites, Pay-per-View Chat
AGGREGATION - Factoring, Payment Processors, Crowdfunding
CANNABIS - Manufacturers, Distributors, Dispensaries
COUNTERFEIT_GOODS - Companies with Fake Brand Name Goods, Unauthorized Resellers
DRUG_OF_CONCERN - Legal substance that provides the same effect as an illegal drug (e.g., salvia, kratom)
DRUG_PARAPHERNALIA - Drug Manufacturing, Items for Drug Use
GET_RICH_QUICK - Companies Promoting High Yield Investment Opportunities or Services
GIFT_CARD - Gift Cards
MONEY_LEGAL - Bail Bonds, Collections Agencies, Adoption Services
MULTI_LEVEL_MARKETING - Multi-level Marketing, Pyramid Schemes
PSEUDO_PHARMACEUTICAL - Nutraceuticals, Products making health claims not approved by the FDA
REGULATED_ILLEGAL - Weapons / Firearms, Tobacco and E-Cig, Prescription Drugs
SOCIAL_MEDIA_ACTIVITY - Sale of Twitter Followers, Sale of Online Traffic, Sale of YouTube Views
VIRTUAL_CURRENCY - Initial Coin Offerings, Digital Wallets, Video Game Credits