Prohibited Activities List
Revised 01.01.2020
Prohibited Businesses and Persons:
The following may not open or attempt to open an account with, or utilize services provided by Ramp:
- Entities and persons listed on the specially designated nationals (SDN) list published by the United States Treasury Office of Foreign Asset Control; and
- Entities and persons identified for comprehensive financial sanctions by the United States Department of State
Prohibited Activities:
Companies that are primarily engaged in the following activities will be prohibited for using Services:
- Sale of Schedule I controlled substances with or without a pharmaceutical license, or sale of Schedules II-V controlled substances without a pharmaceutical license, where such schedules are defined by the United States Department of Justice, Drug Enforcement Agency (DEA);
- Production, sale, or distribution of marijuana;
- Production, sale, or distribution of guns, accessories, ammunition, and other weapons;
- Gambling, betting, lotteries, sweepstakes, or games of chance;
- Prostitution or escort services;
- Sale of counterfeit or "gray market" goods or services;
- Get-rich-quick schemes, multi-level marketing, drop-shipping, use of Ramp services for high-frequency and automated purchasing for third parties, or activities that may be considered unfair, deceptive, or abusive acts or practices (UDAAP);
- Use of Ramp services for personal, family household use, or any non-commercial use;
- Activities that are illegal or that Ramp, in its sole discretion, identifies as high-risk; or
- Use of the Services in manner that is inconsistent or prohibited by the Platform Agreement.
Restricted Activities:
Companies that are engaged in the following activities may be required to provide additional information or documentation:
- Purchase, sale, or mining of cryptocurrency;
- Financial services providers including banks or bank affiliates, securities brokers, or money transmitters; or
- Professional services including law firms or consulting firms.
Please contact us if you are unsure whether your business or activities are permitted by Ramp.