Rho offers accounts to business owners worldwide. As a U.S. company, Rho and its affiliates must comply with federal law and regulations. For example, businesses that offer illegal services or products are not eligible to open a Rho account. In addition, certain high risk businesses may also be prohibited, such as the following industries:
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Betting, casino gaming chips, etc. |
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Adult dating and/or escort services |
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Drug stores, pharmacies, and cannabis |
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Drugs, proprietaries and sundries |
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Stamp and coin stores |
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Quasi-cash, currency, money orders, travelers checks |
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Pawn shops |
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Bearer shares |
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Bail and bond payments |
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Currency exchange businesses |
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Nested MSBs/Nested money transmitters |
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Firework sales |
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Online dating services |
To further reduce risk, fraud and illegal activities, Rho and its partners prohibit additional high-risk locations. For a full list of the prohibited or ineligible geographic locations, click here.