List of Negative Line of Business – The accounts transacting in following businesses will not be on- boarded by PPBL

  1. 1. Child & Animal Pornography
  2. 2. Unlicensed Pharmaceutical Business or businesses selling non-approved chemicals
  3. 3. Unlicensed Alcohol business
  4. 4. Gambling, Casinos
  5. 5. Crypto
  6. 6. Precious Metal, Stones & Jewelry
  7. 7. Business where Directors/BO are located in FATF high risk jurisdictions
  8. 8. Trust, Charities, NGOs
  9. 9. Arms & Ammunition industry (manufacturers, dealers & intermediaries)
  10. 10. Firms related to Nuclear activity
  11. 11. Firms dealing in sale/purchase of copyright material (unauthorized copies of books, music, movies, software and other licensed materials)
  12. 12. Firms dealing with counterfeit and unauthorized goods which includes replicas or imitations of designer goods
  13. 13. Firms dealing with sale/purchase of plant or animal products
  14. 14. Unlicensed forex & international fund transfer businesse