Search

What activities are prohibited at Qonto?

  • Updated

Companies primarily engaged in the following industries (not limited) are not allowed to open a Qonto account:

  • Accessibility diagnosis (Ad'Ap)

  • Activities related to the sale of products based on cannabis or its derivatives (leaves, flowers, resin, CBD, HHC) with a THC content of more than 0.3% for the companies in France and 0.2% for the companies in Germany, Italy and Spain or not indicated.

  • Activities related to the mining industry

  • Activities related to Energy Efficiency Certificates (CEE) or issuing carbon credits

  • Any illegal activity

  • Auction houses, artwork Selling

  • Cartomancy, fortune-telling, clairvoyance, astrology, tarology, spirituality

  • Casinos and gambling and any participation to online raffle draws

  • Crowdfunding platforms not registered as an ECSP - European Crowdfunding service provider (without a CNMV licence), marketplaces collecting funds on behalf of third parties, crowdlending

  • Factoring, Debt collection activities

  • Financial/fiscal agent activity if not registered with a regulator

  • Hunting, trapping and related service activities

  • Insurance brokerage activity if not registered with an administration

  • Management of funds, portfolio, and collective investments if not registered with a regulatory authority.

  • Military activities, including the sale of weapons, military vehicles, and their copies

  • Mining, staking, creation and/or marketing of NFTs, blockchain development, development of wallets (hot & cold wallets), decentralised exchange, PSAN activity without registration.

  • Money transfer platforms, remittance services, P2P ("peer-to-peer" or "person-to-person ") payment services

  • Online and in-store sales of industrial chemicals.

  • Online and in-store sale, import, and export of protein powders and food supplements that don't comply with European regulations and anti-doping recommendations

  • Online and in-store sale of medicines, including their import-export

  • Online file sharing

  • Sale of mobile SIM cards and top-up cards

  • Sex (pornography, sex toys, escorting, prostitution)

  • Sale of goods/services that may harm, or damage the image, honor, or reputation of others

  • Striptease clubs, nightclubs

  • Tobacco or smoking products (e-liquids)

  • Trading/brokerage platform or any activity related to currencies, precious metals, gemstones, other products, securities

     

šŸ’” In some cases, additional information may be requested. Our teams will contact you to review your activity.