Risk Appetite
Please note that the jurisdictional risk table must be reviewed in-conjunction with the “Businesses by Risk” tab​
This list will vary depending on the underlying correspondent bank and each individual use-case.
Certain fees and services are not guaranteed simply because a business falls into one category or the other, service availability is always subject to individual discussion.
* means restricted - certain services may not be available to corporates/institutions in these jurisdictions. Please inquire individually.
Low Risk | Medium Risk | High-Risk and Restricted* | Prohibited/Banned |
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Pakistan | |||
Serbia | |||
Andorra | Antigua and Barbuda | Armenia | Abkhazia |
Australia | Bahamas | Barbados | Afghanistan |
Canada | Bahrain | Belarus (ultra-restricted) | Albania |
Chile | Bermuda | Bolivia | Angola |
EEA | British Virgin Islands | Cambodia | Bosnia & Herzegovina |
Hong Kong | China | Cameroon | Burundi |
Iceland | Cayman Islands | Dominica | Central African Republic |
Israel | Cook Islands | El Salvador | Chad |
Japan | Gibraltar | Egypt | Colombia |
Liechtenstein | Guernsey | Fiji | Cuba |
Malaysia | Isle of Man | Georgia | North Korea |
Mexico | Jersey | Honduras | DR Congo |
Monaco | Malta | Jamaica | Equatorial Guinea |
New Zealand | Mauritius | Jordan | Eritrea |
Norway | Panama | Kazakhstan | Ethiopia |
Philippines | Qatar | Kenya | Gaza Strip |
San Marino | Seychelles | Kyrgyzstan | Guinea |
Singapore | South Africa | Laos | Guinea-Bissau |
South Korea | St. Kitts & Nevis | Macau | Haiti |
Switzerland | Turkey | Maldives | Iran |
Taiwan | Mongolia | Iraq | |
United Arab Emirates | Morocco | Ivory Coast | |
United Kingdom | Mozambique | Kosovo | |
Uruguay | Nepal | Lebanon | |
USA ex. Nevada | Nigeria | Liberia | |
Ukraine (ultra restricted) | Libya | ||
Papua New Guinea | Macedonia | ||
Saint Vincent & Grenadines | Mali | ||
Senegal | Myanmar | ||
Sri Lanka | Nagorno-Karabakh | ||
Suriname | Nicaragua | ||
Tanzania | Northern Cyprus | ||
Thailand | Palestine | ||
Trinidad and Tobago | Russia | ||
Tunisia | Sahrawi DR | ||
Uganda | Sierra Leone | ||
Vanuatu | Somalia | ||
Vietnam | Somaliland | ||
Zambia | South Ossetia | ||
South Sudan | |||
Sudan | |||
Syria | |||
Transnistria | |||
Turkmenistan | |||
Venezuela | |||
Western Sahara | |||
Yemen | |||
Zimbabwe |
Businesses that are affiliated/located in or operating out of the banned/prohibited jurisdictions (found on the list in the "Countries by Risk" tab)
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We are unable to send or receive funds from these jurisdictions.
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We are unable to onboard entities where the owners/directors/persons of significant control are citizens (with certain residency exemptions) or residents of these countries.
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Corporates engaging in any of the below are also prohibited.
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Illegal products and services
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Illegal drugs, substances designed to mimic illegal drugs, and equipment designed for making or using drugs
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Fake references or ID-providing services
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Telecommunications manipulation equipment including jamming devices
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Any business or organization that a. engages in, encourages, promotes or celebrates unlawful violence or physical harm to persons or property, or b. engages in, encourages, promotes or celebrates unlawful violence toward any group based on race, religion, disability, gender, sexual orientation, national origin, or any other immutable characteristic
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Any other products or services that are in violation of law in the jurisdictions where your business is located or targeted to
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Products and services that infringe intellectual property rights
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Sales or distribution of music, movies, software, or any other licensed materials without appropriate authorization
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Counterfeit goods; illegally imported or exported products
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Unauthorized sale of brand name or designer products or services
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Any other products or services that directly infringe or facilitate infringement upon the trademark, patent, copyright, trade secrets, proprietary or privacy rights of any third party
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Products and services that are unfair, predatory, or deceptive
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Pyramid schemes
‘Get rich quick’ schemes including: investment opportunities or other services that promise high rewards to mislead consumers; schemes that claim to offer high rewards for very little effort or up front work; sites that promise fast and easy money; businesses that make outrageous claims, use deceptive testimonials, use high-pressure upselling, and/or use fake testimonials; (with or without a written contract) offering unrealistic incentives/rewards as an inducement to purchase products or services but do not respond to any queries after the purchase
No value added services including sale or resale of a service without added benefit to the buyer and resale of government offerings without authorization or added value
Predatory Sales of online traffic or engagement
Negative response marketing and telemarketing
Predatory mortgage consulting, lending, credit repair and counseling services
Predatory investment opportunities with no or low money down
Remote technical support; mugshot publication or pay-to-remove sites; essay mills; chain letters; door-to-door sales
Any other businesses that Delos considers unfair, deceptive, or predatory towards consumers
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Adult content and services
Pornography and other mature audience content (including literature, imagery and other media) depicting nudity or explicit sexual acts
Adult services including prostitution, escorts, pay-per view, sexual massages, and adult live chat features
Adult video stores
Gentleman's clubs, topless bars, and strip clubs
Online dating services
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Certain legal services
Law firms collecting fees for purposes other than legal service fee payments increasing AML risk
Bankruptcy attorneys
Bail bonds
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Firearms, explosives, precious and dangerous materials
Dual-use goods
Guns, gunpowders, ammunitions, weapons, fireworks and other explosives
Peptides, research chemicals, and other toxic, flammable and radioactive materials
Direct Sales of Precious metals (affiliated businesses may be looked at in a case-by-case basis)
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Unlicensed/Unregulated Gambling and cash intensive businesses
Including games of chance including gambling, internet gambling, sweepstakes and contests, fantasy sports leagues with for a monetary or material prize
Including sports forecasting or odds making with a monetary or material prize
Lotteries (National lotteries can be considered on a case-by-case basis)
Bidding fee auctions
Other cash intensive businesses
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Marijuana
Cannabis products
Cannabis dispensaries and related businesses
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Sanctioned and Unlicensed Financial Services / Ownership
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Unlicensed or unregistered Financial Institutions, or entities providing any form of payment services without the appropriate licence
Companies or individuals that that are subject to U.S. or other applicable sanctions. In addition, if any sanctioned Beneficial Owner, or a combination of Beneficial Owners, hold a 50% or greater direct or indirect interest in a customer
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Shell banks / shell companies
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Companies formed by bearer shares except for those that are publicly traded on a recognized exchange
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Please note that eligibility criteria may vary on a case-by-case basis and are non-exhaustive.
Low-Risk:
Corporates in the low-risk countries list NOT involved in:
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Cryptocurrency or cryptocurrency-adjacent businesses or regularly transacting with digital currencies
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I-Gaming
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Forex/CFD’s
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MSB’s / Financial Institutions processing downstream payments
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High-risk countries and activities as described below
Corporates who DO NOT trigger one or more of these criteria:
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Newly established companies (Preceeding 12 months) without a solid background/business plan
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Companies with limited online presence
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Companies in prohibited, medium or higher-risk industries
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Companies making payments to high-risk countries as listed in the "Countries by Risk" tab
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Other red-flags identified through performance of compliance controls & proof of address
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Below entities MAY BE CONSIDERED on a case-by-case basis for the low-risk functionality suite, albeit with varying fees:
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Marketplaces
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Crowdfunding/crowdlending
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Affiliate marketing schemes
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Embassies, consulates, diplomatic missions
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Economic citizenship, or citizenship by investment programs
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Scholarship programs where the beneficiary is not an educational institution
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Charites and not for profits
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EU-regulated iGaming and associated group companies
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UK-regulated iGaming and associated group companies
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EU-regulated CFD/Forex and associated group companies
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Financial Institutions and/or MiCa/Tier-1 jurisdiction-compliant VASP’s for operational payments only
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Financial Institutions for B2C pay-outs and 1st party wholesale FX only
Businesses located OUTSIDE of the above jurisdictions including the following countries, may be assessed on a case-by-case basis under the lower-risk model. Inquire individually
Medium-Risk:
Corporates affiliated with medium risk jurisdictions and/or THAT ARE involved in the following business verticals:
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Crypto exchanges and any VASP’s
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Financial institutions including Venture Capital or Investment Funds (subject to exceptions)
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Money service businesses or Money transmitters
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Incorporated in an offshore jurisdiction
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Chain of ownership including nominee directors/shareholders
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Sweepstakes
Securities Dealers -
Higher-risk corporate services providers
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WEB3 companies regularly transact with virtual currencies
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Market makers
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Liquidity providers
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Newly established companies not falling into the low risk category
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Companies with limited online presence
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Companies making payments to high-risk countries
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EU-regulated iGaming and associated group companies
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UK-regulated iGaming and associated group companies
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EU-regulated CFD/Forex and associated group companies
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Charites and not for profits
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​Scholarship programs where the beneficiary is not an educational institution
Higher-Risk:
Companies affiliated with higher-risk countries and/or THAT ARE involved in the following business verticals:
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Offshore-regulated iGaming and associated group companies
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Opaque chain of ownership including nominee directors/shareholders
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Offshore-regulated CFD/Forex and associated group companies
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Paying agent companies
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High-risk merchant companies
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Adult-adjacent companies (served in an ultra-limited capacity if at all, board and correspondent bank written approval needed)
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Companies interacting with high-risk jurisdictions
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Offshore banks and regulated money transmitters (may be eligible for alternative pricing)
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ICO’s /IDO’s
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Nutraceuticals and supplements (no MLM)
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Precious metals
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Economic citizenship, or citizenship by investment programs
Features by Risk table is only available on the desktop version of the website (displayed below)
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Please note that this Features by Risk table must be reviewed in-conjunction with the "Countries by Risk" and “Businesses by Risk” tab
This list will vary depending on the underlying correspondent bank and each individual use-case.
Certain fees and services are not guaranteed simply because a business falls into one category or the other, service availability is always subject to individual discussion.
Features | Low Risk | Medium Risk | High Risk |
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Business/Corporate Accounts | Yes | Yes | Yes |
Individual Accounts | Inquire | Inquire | Inquire |
Embedded Digital Asset Wallets | Yes | Yes | Yes |
On/Off Ramping | Yes | Yes | Yes |
3rd party payments | Yes | Yes | Yes |
Business to Consumer Payments (B2C) | Yes | Yes | Yes |
Customer to Business Deposits (C2B) | Yes | Inquire | Inquire |
Named SWIFT Accounts | Yes | Variable | Variable |
Named EUR SEPA Accounts | Yes | Yes | Yes |
Named Local Accounts | Yes | Variable | Variable |
USD SWIFT | Yes | Yes | Yes |
USD FEDWIRE | Yes | Yes | Yes |
USD ACH | Yes | Yes | Variable |
EUR SEPA | Yes | Yes | Yes |
EUR SWIFT | Yes | Yes | Yes |
GBP SWIFT | Yes | Yes | Yes |
GBP Local | Yes | No | No |
AED SWIFT | Yes | Yes | Yes |
AED Local | Yes | Variable | No |
THB SWIFT | Yes | Yes | Yes |
Below accounts support local and intl. transfers | |||
AUD | Yes | No | No |
BGN | Yes | No | No |
BHD | Yes | No | No |
BWP | Yes | No | No |
CAD | Yes | No | No |
CHF | Yes | No | No |
CZK | Yes | No | No |
DKK | Yes | No | No |
HKD | Yes | No | No |
HUF | Yes | No | No |
ILS | Yes | No | No |
JPY | Yes | No | No |
MXN | Yes | No | No |
MYR | Yes | No | No |
NOK | Yes | No | No |
NZD | Yes | No | No |
OMR | Yes | No | No |
PLN | Yes | No | No |
QAR | Yes | No | No |
ROM | Yes | No | No |
SAR | Yes | No | No |
SEK | Yes | No | No |
SGD | Yes | No | No |
TND | Yes | No | No |
UGX | Yes | No | No |
ZAR | Yes | No | No |