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High-Risk Banking Account

Content on high-risk banking account(s) for merchants in iGaming/betting, FX/CFD, crypto/VASP, adult, nutraceuticals, travel, and subscriptions. We cover:

  • Onboarding & de-risking: KYB/UBO, source-of-funds/wealth, activity/risk narratives, expected volumes/flows, vertical restrictions, ongoing monitoring.

  • Account models: operational/settlement vs safeguarding/client-money, dedicated vs pooled/FBO, virtual IBANs, multi-currency, named beneficiary rules.

  • Rails & access: SEPA / SEPA Instant, Faster Payments, SWIFT (MT103, cut-offs, T+ timings), FX conversion and fees, payout orchestration.

  • Compliance stack: AML/CFT (KYT where applicable), sanctions/geofencing, screening, reporting (SAR/STR), record-keeping; crypto touchpoints and Travel Rule (for VASP partners).

  • Ops & reconciliation: statements/APIs/webhooks, ledgering, settlement files, chargeback/refund differences vs cards, dispute workflows with acquirers/EMIs.

  • Alternatives & backups: EMIs and correspondent partners, dual-provider setups, exit plans for bank de-risking.

Authoritative outbound resources about high-risk banking account(s):