Countries & Currencies
Countries & Currencies
Prohibited Countries
The below countries are prohibited from opening a segregated bank account held at Tier 1 bank NatWest in the UK:
- Afghanistan
- Belarus
- Cuba
- Democratic People's Republic of Korea (DPRK)
- Iran
- Libya
- Myanmar
- Palestinian Authority (Gaza)
- Russian Federation
- South Sudan
- Syria
- Ukraine - Russian Occupied Regions
- Venezuela
Prohibited Business
The below businesses are prohibited from opening a segregated bank account held at Tier 1 bank NatWest in the UK:
- Shell Banks
- Illicit drugs and narcotics
- Weapons not subject to regulation
- Goods/services subject to global international ban
- Multi-Level Marketing (MLM)
- Unregulated crypto and non-fungible tokens (NFTs)
- Businesses with no clear business purpose
- Activities, goods, or services prohibited in the customer's host country
- Goods/services involving human trafficking, sexual violence, or prostitution
- Dual-use goods (which are proximal to sanctions)
- UAE General Trading Companies
Currencies
Below are the currencies you can receive and transfer from your dedicated IBAN account:
|
No. |
Code |
Currency |
Buy |
Sell |
Forwards |
|
1 |
AED |
Arab Emirate dirham |
Yes |
Yes |
Yes |
|
2 |
AUD |
Australian dollar |
Yes |
Yes |
Yes |
|
3 |
BBD |
Barbados dollar |
Yes |
Yes |
No |
|
4 |
BGN |
Bulgarian leva |
Yes |
Yes |
No |
|
5 |
BHD |
Bahraini dinar |
Yes |
Yes |
Yes |
|
6 |
CAD |
Canadian dollar |
Yes |
Yes |
Yes |
|
7 |
CHF |
Swiss franc |
Yes |
Yes |
Yes |
|
8 |
EUR |
Euro |
Yes |
Yes |
Yes |
|
9 |
GBP |
Great British pound |
Yes |
Yes |
Yes |
|
10 |
HKD |
Hong Kong dollar |
Yes |
Yes |
Yes |
|
11 |
HUF |
Hungarian forint |
Yes |
Yes |
Yes |
|
12 |
ILS | Israeli shekel | Yes | Yes | Yes |
|
13 |
JPY | Japanese yen | Yes | Yes | Yes |
|
14 |
KES | Kenyan shilling | Yes | Yes | No |
|
15 |
MWK | Malawian kwacha | Yes | No | No |
|
16 |
MXN | Mexican peso | Yes | Yes | Yes |
|
17 |
NOK | Norwegian kroner | Yes | Yes | Yes |
|
18 |
NZD | New Zealand dollar | Yes | Yes | Yes |
|
19 |
OMR | Omani rial | Yes | Yes | Yes |
|
20 |
PLN | Polish zloty | Yes | Yes | Yes |
|
21 |
QAR | Qatari rial | Yes | Yes | Yes |
|
22 |
SAR | Saudi riyal | Yes | Yes | Yes |
|
23 |
SEK | Swedish kroner | Yes | Yes | Yes |
|
24 |
SGD | Singapore dollar | Yes | Yes | Yes |
|
25 |
THB | Thai baht | Yes | Yes | Yes |
|
26 |
TND | Tunisian dinar | Yes | Yes | Yes |
|
27 |
UGX | Ugandan shilling | Yes | No | No |
|
28 |
USD | US dollar | Yes | Yes | Yes |
|
29 |
ZAR | South African rand | Yes | Yes | Yes |
|
30 |
ZMW | Zambian kwacha | Yes | No | No |
| 31 | TRY | Turkish new lira | Yes | Yes |
Yes |
| 32 | GHS | Ghana cedi | Yes | No |
No |
| 33 | CZK | Czech koruna | Yes | Yes |
Yes |
| 34 | DKK | Danish kroner | Yes | Yes |
Yes |
weiß