What activities are prohibited at Qonto?

  • Updated

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

  • Activities related to the sale of products based on cannabis or its derivatives of any kind (including CBD, HHC, hemp leaves, flowers or resin) with a THC content of more than 0.2%

  • Activities related to the mining industry

  • Activities related to the extraction, mining, and processing of non-renewable natural resources.

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

  • Any illegal activity

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

  • Casinos and gambling and any participation in online raffle draws

  • Crowdfunding platforms not authorized as a European Crowdfunding Service Provider (ECSP) or lacking the required supervisory authorization (Germany: BaFin); marketplaces collecting funds on behalf of third parties, and unauthorized crowdlending activities.

  • Crypto-related activities such as mining, staking, NFTs, wallet development, monetary blockchain creation/development, decentralized exchange activities, or security token offerings (STOs); crypto-asset services without the required BaFin license

  • Cultivation of fiber crops, spices, aromatic, medicinal, and pharmaceutical plants.

  • Factoring and debt collection activities

  • Financial or tax advisory activities if not registered with a supervisory/regulatory authority

  • Hunting, trapping and related service activities

  • Insurance brokerage activities if not registered with a supervisory/regulatory authority

  • Management of funds, portfolios, and collective investments if not registered with a supervisory/regulatory authority

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

  • 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 do not comply with European regulations and anti-doping recommendations

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

  • Online file sharing

  • Operating a marketplace

  • Sex (pornography, sex toys, escorting, prostitution, striptease clubs/nightclubs)

  • Sale of artworks or art objects, including facsimiles, auction houses

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

  • Tobacco or smoking products (e-liquids)

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

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