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International Payments

A list of international currencies and countries supported by Velocity Global Contractor Management.

Updated over 6 months ago

Invoices in Velocity Global Contractor Management are, by default, denominated in USD or CAD.

Same-day and next-day payments are offered globally, subject to bank cutoff times in different jurisdictions. Please note that for first-time international payments, the processing timeline may extend to 3-5 business days, instead of the standard 1-2 business days, for the funds to arrive in the designated account.


Supported Currencies and Countries

Country

Local Currency Supported?

🇦🇽 Åland Islands (ALA)

Yes Uses Euro (EUR)

🇩🇿 Algeria (DZA)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇦🇸 American Samoa (ASM)

Yes Uses US Dollar (USD)

🇦🇩 Andorra (AND)

Yes — Uses Euro (EUR)

🇦🇴 Angola (AGO)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇦🇮 Anguilla (AIA)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇦🇬 Antigua and Barbuda (ATG)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇦🇷 Argentina (ARG)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇦🇲 Armenia (ARM)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇦🇼 Aruba (ABW)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇦🇺 Australia (AUS)

Yes Uses Australian Dollar (AUD)

🇦🇹 Austria (AUT)

Yes Uses Euro (EUR)

🇦🇿 Azerbaijan (AZE)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇭 Bahrain (BHR)

Yes

🇧🇩 Bangladesh (BGD)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇧 Barbados (BRB)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇪 Belgium (BEL)

Yes Uses Euro (EUR)

🇧🇿 Belize (BLZ)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇯 Benin (BEN)

Yes Uses West African CFA Franc (XOF)

🇧🇲 Bermuda (BMU)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇹 Bhutan (BTN)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇴 Bolivia (BOL)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇶 Bonaire, Sint Eustatius and Saba (BES)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇦 Bosnia-Herzegovina (BIH)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇼 Botswana (BWA)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇻 Bouvet Island (BVT)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇷 Brazil (BRA)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇮🇴 British Indian Ocean Territory (IOT)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇻🇬 British Virgin Islands (VGB)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇳 Brunei Darussalam (BRN)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇬 Bulgaria (BGR)

Yes Uses Bulgarian Lev (BGN)

🇰🇭 Cambodia (KHM)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇨🇲 Cameroon (CMR)

Yes — Uses Central African CFA Franc (XAF)

🇨🇦 Canada (CAN)

Yes Excluding Quebec

🇨🇻 Cape Verde (CPV)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇰🇾 Cayman Islands (CYM)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇹🇩 Chad (TCD)

Yes Uses Central African CFA Franc (XAF)

🇨🇱 Chile (CHL)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇨🇳 China (CNH)

Yes

🇨🇽 Christmas Island (CXR)

Yes Uses Australian Dollar (AUD)

🇨🇨 Cocos (Keeling) Islands (CCK)

Yes Uses Australian Dollar (AUD)

🇰🇲 Comoros (COM)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇨🇰 Cook Islands (COK)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇨🇷 Costa Rica (CRI)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇨🇮 Côte D'Ivoire (CIV)

Yes Uses West African CFA Franc (XOF)

🇭🇷 Croatia (HRV)

Yes Uses Euro (EUR)

🇨🇼 Curaçao (CUW)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇨🇾 Cyprus (CYP)

Yes Uses Euro (EUR)

🇨🇿 Czech Republic (CZE)

Yes

🇩🇰 Denmark (DNK)

Yes

🇩🇯 Djibouti (DJI)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇩🇲 Dominica (DMA)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇪🇨 Ecuador (ECU)

Yes Uses US Dollar (USD)

🇪🇬 Egypt (EGY)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇬🇶 Equatorial Guinea (GNQ)

Yes Uses Central African CFA Franc (XAF)

🇪🇪 Estonia (EST)

Yes Uses Euro (EUR)

🇫🇰 Falkland Islands (FLK)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇫🇴 Faroe Islands (FRO)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇫🇯 Fiji (FJI)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇫🇮 Finland (FIN)

Yes Uses Euro (EUR)

🇫🇷 France (FRA)

Yes Uses Euro (EUR)

🇬🇫 French Guiana (GUF)

Yes Uses Euro (EUR)

🇵🇫 French Polynesia (PYF)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇹🇫 French Southern Territories (ATF)

Yes Uses Euro (EUR)

🇬🇦 Gabon (GAB)

Yes Uses Central African CFA Franc (XAF)

🇬🇲 Gambia (GMB)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇬🇪 Georgia (GEO)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇩🇪 Germany (DEU)

Yes Uses Euro (EUR)

🇬🇭 Ghana (GHA)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇬🇮 Gibraltar (GIB)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇬🇷 Greece (GRC)

Yes Uses Euro (EUR)

🇬🇱 Greenland (GRL)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇬🇩 Grenada (GRD)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇬🇵 Guadeloupe (GLP)

Yes Uses Euro (EUR)

🇬🇺 Guam (GUM)

Yes Uses US Dollar (USD)

🇬🇬 Guernsey (GGY)

Yes Uses Pound Sterling (GBP)

🇬🇳 Guinea (GIN)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇭🇲 Heard Island and McDonald Islands (HMD)

Yes Uses Australian Dollar (AUD)

🇭🇰 Hong Kong (HKG)

Yes

🇭🇺 Hungary (HUN)

Yes

🇮🇸 Iceland (ISL)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇮🇳 India (IND)

Local currency restricted. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇮🇩 Indonesia (IDN)

Local currency restricted. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇮🇪 Ireland (IRL)

Yes Uses Euro (EUR)

🇮🇲 Isle of Man (IMN)

Yes — Uses Pound Sterling (GBP)

🇮🇱 Israel (ISR)

Yes

🇮🇹 Italy (ITA)

Yes Uses Euro (EUR)

🇯🇲 Jamaica (JAM)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇯🇵 Japan (JPN)

Yes

🇯🇪 Jersey (JEY)

Yes Uses Pound Sterling (GBP)

🇯🇴 Jordan (JOR)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇰🇪 Kenya (KEN)

Yes

🇰🇮 Kiribati (KIR)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇽🇰 Kosovo (KOS)

Yes Uses Euro (EUR)

🇰🇼 Kuwait (KWT)

Yes

🇰🇬 Kyrgyzstan (KGZ)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇱🇦 Laos (LAO)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇱🇻 Latvia (LVA)

Yes Uses Euro (EUR)

🇱🇸 Lesotho (LSO)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇱🇷 Liberia (LBR)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇱🇮 Liechtenstein (LIE)

Yes Uses Swiss Franc (CHF)

🇱🇹 Lithuania (LTU)

Yes Uses Euro (EUR)

🇱🇺 Luxembourg (LUX)

Yes Uses Euro (EUR)

🇲🇴 Macau (MAC)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇲🇰 Macedonia (MKD)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇲🇬 Madagascar (MDG)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇲🇼 Malawi (MWI)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇲🇾 Malaysia (MYS)

Local currency restricted. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇲🇻 Maldives (MDV)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇲🇹 Malta (MLT)

Yes Uses Euro (EUR)

🇲🇭 Marshall Islands (MHL)

Yes Uses US Dollar (USD)

🇲🇶 Martinique (MTQ)

Yes Uses Euro (EUR)

🇲🇷 Mauritania (MRT)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇲🇺 Mauritius (MUS)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇾🇹 Mayotte (MYT)

Yes Uses Euro (EUR)

🇲🇽 Mexico (MEX)

Yes

🇫🇲 Micronesia (FSM)

Yes Uses US Dollar (USD)

🇲🇨 Monaco (MCO)

Yes Uses Euro (EUR)

🇲🇳 Mongolia (MNG)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇲🇪 Montenegro (MNE)

Yes Uses Euro (EUR)

🇲🇸 Montserrat (MSR)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇲🇦 Morocco (MAR)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇲🇿 Mozambique (MOZ)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇳🇦 Namibia (NAM)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇳🇷 Nauru (NRU)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇳🇵 Nepal (NPL)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇳🇱 Netherlands (NLD)

Yes Uses Euro (EUR)

🇳🇨 New Caledonia (NCL)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇳🇿 New Zealand (NZL)

Yes

🇳🇪 Niger (NER)

Yes Uses West African CFA Franc (XOF)

🇳🇺 Niue (NIU)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇳🇫 Norfolk Island (NFK)

Yes Uses Australian Dollar (AUD)

🇲🇵 Northern Mariana Islands (MNP)

Yes Uses US Dollar (USD)

🇳🇴 Norway (NOR)

Yes

🇴🇲 Oman (OMN)

Yes

🇵🇼 Palau (PLW)

Yes Uses US Dollar (USD)

🇵🇦 Panama (PAN)

Yes Uses US Dollar (USD)

🇵🇬 Papua New Guinea (PNG)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇵🇾 Paraguay (PRY)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇵🇪 Peru (PER)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇵🇭 Philippines (PHL)

Local currency restricted. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇵🇳 Pitcairn (PCN)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇵🇱 Poland (POL)

Yes

🇵🇹 Portugal (PRT)

Yes Uses Euro (EUR)

🇵🇷 Puerto Rico (PRI)

Yes — Uses US Dollar (USD)

🇶🇦 Qatar (QAT)

Yes

🇨🇬 Republic of the Congo (COG)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇷🇪 Réunion (REU)

Yes Uses Euro (EUR)

🇷🇴 Romania (ROU)

Yes

🇷🇼 Rwanda (RWA)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇧🇱 Saint Barthélemy (BLM)

Yes Uses Euro (EUR)

🇸🇭 Saint Helena (SHN)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇲🇫 Saint Martin (MAF)

Yes Uses Euro (EUR)

🇵🇲 Saint Pierre and Miquelon (SPM)

Yes Uses Euro (EUR)

🇼🇸 Samoa (WSM)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇸🇲 San Marino (SMR)

Yes Uses Euro (EUR)

🇸🇹 São Tomé and Príncipe (STP)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇸🇦 Saudi Arabia (SAU)

Yes

🇷🇸 Serbia (SRB)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇸🇨 Seychelles (SYC)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD)

🇸🇱 Sierra Leone (SLE)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇸🇬 Singapore (SGP)

Yes

🇸🇰 Slovakia (SVK)

Yes Uses Euro (EUR)

🇸🇮 Slovenia (SVN)

Yes Uses Euro (EUR)

🇸🇧 Solomon Islands (SLB)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇿🇦 South Africa (ZAF)

Yes

🇬🇸 South Georgia and the South Sandwich Islands (SGS)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇰🇷 South Korea (KOR)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇪🇸 Spain (ESP)

Yes Uses Euro (EUR)

🇱🇰 Sri Lanka (LKA)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇰🇳 St. Kitts & Nevis (KNA)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇱🇨 St. Lucia (LCA)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇸🇽 St. Maarten (SXM)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇻🇨 St. Vincent and the Grenadines (VCT)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇸🇷 Suriname (SUR)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇸🇯 Svalbard and Jan Mayen (SJM)

Yes Uses Norwegian Krone (NOK)

🇸🇿 Swaziland (SWZ)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇸🇪 Sweden (SWE)

Yes

🇨🇭 Switzerland (CHE)

Yes

🇹🇼 Taiwan (TWN)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇹🇯 Tajikistan (TJK)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇹🇿 Tanzania (TZA)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇹🇭 Thailand (THA)

Yes

🇹🇱 Timor-Leste (TLS)

Yes Uses US Dollar (USD)

🇹🇬 Togo (TGO)

Yes Uses West African CFA Franc (XOF)

🇹🇰 Tokelau (TKL)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇹🇴 Tonga (TON)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇹🇹 Trinidad & Tobago (TTO)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇹🇳 Tunisia (TUN)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇹🇷 Turkey (TUR)

Yes

🇹🇨 Turks and Caicos (TCA)

Yes Uses US Dollar (USD)

🇹🇻 Tuvalu (TUV)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇺🇬 Uganda (UGA)

Yes

🇦🇪 United Arab Emirates (ARE)

Yes

🇬🇧 United Kingdom (GBR)

Yes

🇺🇸 United States (USA)

Yes

🇺🇲 United States Minor Outlying Islands (UMI)

Yes Uses US Dollar (USD)

🇻🇮 United States Virgin Islands (VIR)

Yes Uses US Dollar (USD)

🇺🇾 Uruguay (URY)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇺🇿 Uzbekistan (UZB)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇻🇦 Vatican City (VAT)

Yes Uses Euro (EUR)

🇻🇳 Vietnam (VNM)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).

🇼🇫 Wallis and Futuna (WLF)

Yes Uses Euro (EUR)

🇿🇲 Zambia (ZMB)

Local currency is not supported. Contractor’s bank account must support one of the supported currencies (e.g., USD).


Supported Currencies

Please ensure to select a supported currency when arranging payments. Contractors can get paid in these currencies:

🇦🇺 Australian Dollar (AUD)

🇭🇺 Hungarian Forint (HUF)

🇴🇲 Omani Rial (OMR)

🇨🇭 Swiss Franc (CHF)

🇧🇭 Bahraini Dinar (BHD)

🇮🇱 Israeli Shekel (ILS)

🇵🇱 Polish Zloty (PLN)

🇹🇭 Thai Baht (THB)

🇨🇦 Canadian Dollar (CAD)

🇯🇵 Japanese Yen (JPY)

🇶🇦 Qatari Rial (QAR)

🇹🇷 Turkish Lira (TRY)

🇨🇳 Chinese Yuan (CNH)

🇰🇪 Kenyan Shilling (KES)

🇷🇴 Romanian Leu (RON)

🇺🇬 Ugandan Shilling (UGX)

🇨🇿 Czech Koruna (CZK)

🇰🇼 Kuwaiti Dinar (KWD)

🇸🇦 Saudi Riyal (SAR)

🇬🇧 UK Sterling (GBP)

🇸🇬 Singapore Dollar (SGD)

🇲🇽 Mexican Peso (MXN)

🇪🇺 Euro (EUR)

🇦🇪 United Arab Emirates Dirham (AED)

🇿🇦 South African Rand (ZAR)

🇳🇿 New Zealand Dollar (NZD)

🇭🇰 Hong Kong Dollar (HKD)

🇺🇸 US Dollar (USD)

🇸🇪 Swedish Krona (SEK)

🇳🇴 Norwegian Krone (NOK)


Restricted Currencies

Contractors cannot receive payments in some currencies:

🇮🇳 Indian Rupee (INR)

🇵🇭 Philippine Peso (PHP)

🇮🇩 Indonesian Rupiah (IDR)

🇷🇺 Russian Ruble (RUB)

We are not currently supporting RUB transactions due to the conflict in Ukraine.

🇲🇾 Malaysian Ringgit (MYR)

Brexit

Due to Brexit there are certain currency restrictions. Affected clients include those operating in the EEA (European Economic Area) and those with contractors based in the EEA. The currencies that we are unable to offer under this arrangement include: Bahrain Dinar (BHD); Chinese Yuan (CNH); Israeli Shekel (ILS); Kuwait Dinar (KWD); Omani Rial (OMR); Qatar Rial (QAR); Russian Ruble (RUB); Thai Baht (THB); Ugandan Shilling (UGX).


Restricted Countries

We have policies to prevent illegal money activities and to follow international laws. This means that we can't send or receive money from certain countries. The list of restricted countries may change over time to keep up with global regulations.

Clients cannot send payments from these countries and contractors cannot receive payments in these countries and regions:

🇧🇾 Belarus

🇨🇺 Cuba

🇮🇷 Iran

🇰🇿 Kazakhstan

🇱🇧 Lebanon

🇱🇾 Libya

🇲🇲 Myanmar
Due to the current military coup in Myanmar, all banks onshore have been instructed by the Myanmar Banks Association to remain closed. As the banking system is offline, our banking provider cannot process any payments to Myanmar until further notice.

🇰🇵 North Korea

🇷🇺 Russia

🇸🇸 South Sudan

🇸🇩 Sudan

🇸🇾 Syria

🇻🇪 Venezuela

🇺🇦 Ukraine Regions: Crimea, Donetsk, Kherson, Luhansk, Zaporizhzhia
All payments to Ukraine may experience delays because of the ongoing conflict and heightened risk of sanctions. We are closely monitoring developments and will provide updates on any changes here.

Non-Permitted Activity

Velocity Global Contractor Management is committed to minimizing the risk of money laundering and terrorist financing. We maintain strict restrictions on the industries, activities, and countries we engage with. Failure to adhere to these restrictions may cause delays or rejections in payments, with repeated offenses potentially leading to account termination.

Global Restrictions on Industries

  • Weapons, military-grade equipment

  • Multi-level marketing schemes

  • Pawnbrokers

  • Political organizations

  • Trading of precious metals and stones, including diamonds

  • Unauthorized resale of luxury goods, including watch trading

  • Adult entertainment

  • Drug paraphernalia

  • CBD and related products

  • Carbon credits trading

  • Cryptoassets

  • Gambling

  • Ponzi and pyramid schemes

  • Firms associated with illegal goods/services, including counterfeit goods, human trafficking, and child labor

  • Mining and extraction

  • Scrap metal trading

  • Energy trading

  • Speculative trading

United States-Specific Restrictions

  • Chemicals

  • FDA-classified medical devices

  • Medications or prescription drugs

  • Alcohol

  • Tobacco

  • Dietary supplements

  • Seeds or plants

  • Regulated financial services

  • Outbound telemarketing

Non-Permitted Client Types

  • Financial institutions acting on behalf of others (nested relationships)

  • Shell banks

  • Unregistered charities

Restricted Activities

  • Using our services for FX speculation

  • Transactions involving cryptocurrencies

  • Cash-funded remittances


For questions about International Payments, please contact our Support Team.

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