FAQ: What businesses are listed as "restricted businesses" for bank accounts?

James Dean
James Dean Expensify Success Coach - Admin, Expensify Team, Expensify Student Ambassador Posts: 3 Expensify Team
edited December 2022 in Advanced Admin Controls

Our partner banks restrict the following types of businesses from connecting their bank accounts to Expensify:

  • Security Brokers/Dealers
  • Dating/Escort Services
  • Massage Parlors
  • Betting/Casino Gambling
  • Non-FI, Money Orders
  • Wires, Money Orders
  • Government-Owned Lotteries
  • Government Licensed Online Casinos (Online Gambling)
  • Government Licensed Horse/Dog Racing
  • Businesses that engage in, facilitate or support the crypto-currency/NFT industry
  • Internet gambling
  • Marijuana-related businesses 
  • Firearm-related businesses (manufacturing and selling)

Prohibited Industries are not allowed to use Expensify's ACH payment feature. Please reach out to [email protected] if you have any further questions.