Policies
Geoblocking and Restricted Jurisdictions Policy
Glasial Remittance Ltd
Incorporation Number: BC1418776
Registered Address: 19628 55A AVENUE, SUITE 28, LANGLEY BC V3A 3X2, CANADA
1. Purpose and Objective
The purpose of this Geoblocking and Restricted Jurisdictions Policy (“Policy”) is to ensure that Glasial Remittance Ltd
(“the Company”) operates in strict compliance with applicable Canadian laws, global sanctions regimes, and international Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) standards.
To safeguard our operations, maintain regulatory compliance, and prevent misuse of our services, the Company restricts access to its Platform from jurisdictions considered high-risk, sanctioned, or non-cooperative. This Policy sets out the restricted countries and territories where services are unavailable.
By using our Platform, you confirm that you are not a citizen, resident, or otherwise located within any of the jurisdictions listed in this Policy.
2. Legal and Regulatory Framework
This Policy is aligned with:
- The Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and the oversight of FINTRAC.
- The United Nations Security Council Sanctions Lists.
- The Financial Action Task Force (FATF) high-risk and non-cooperative jurisdictions.
- The Office of Foreign Assets Control (OFAC, U.S.) sanctions lists, where applicable.
- Canadian government guidance on international sanctions enforcement.
3. Restricted Countries and Territories
Access to the Platform is prohibited for Customers residing in, located in, or accessing services from the following
countries or regions. This list is reviewed regularly to reflect global regulatory developments.
Africa
- Algeria
- Burkina Faso
- Central African Republic
- Equatorial Guinea
- Ghana
- Ivory Coast (Côte d’Ivoire)
- Mali
- Mozambique
- Sierra Leone
- Sudan
- Uganda
- Angola
- Burundi
- Chad
- Eritrea
- Guinea
- Liberia
- Mauritania
- Namibia
- Somalia
- Togo
- Zambia
- Botswana
- Cameroon
- Democratic Republic of Congo
- Ethiopia
- Guinea-Bissau
- Libya
- Morocco
- Nigeria
- South Sudan
- Tunisia
- Zimbabwe
Middle East & North Africa
- Afghanistan
- Bahrain
- Egypt
- Gaza Strip / Palestinian Territories
- Iran
- Iraq
- Jordan
- Kuwait
- Lebanon
- Saudi Arabia
- Syria
- United Arab Emirates (specific restrictions apply)
- Yemen
Asia-Pacific
- Bangladesh
- Bhutan
- Cambodia
- China (Mainland)
- Fiji
- India (restricted services apply)
- Indonesia (restricted services apply)
- Kazakhstan (restricted services apply)
- Kyrgyzstan
- Laos
- Maldives
- Myanmar (Burma)
- Nepal
- North Korea
- Pakistan
- Papua New Guinea
- Sri Lanka
- Tajikistan
- Turkmenistan
- Uzbekistan
- Vanuatu
- Vietnam
Europe and Eurasia
- Belarus
- Bosnia and Herzegovina
- Kosovo
- Russian Federation
- Serbia (restricted services apply)
- Turkey
- Ukraine (occupied territories including Crimea, Donetsk, Luhansk)
Americas
- Argentina
- Bolivia
- Brazil
- Colombia
- Costa Rica
- Cuba
- Ecuador
- El Salvador
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Mexico
- Nicaragua
- Panama
- Paraguay
- Peru
- Suriname
- Trinidad & Tobago
- United States of America (all states and territories)
- Venezuela
Other Territories and Regions
- British Virgin Islands (U.S.)
- Puerto Rico
- Guam
- Northern Cyprus
- Western Sahara
- Vatican City
4. Implementation and Enforcement
4.1 IP Blocking
The Company implements technical measures to block IP addresses originating from restricted jurisdictions.
4.2 KYC/Onboarding Checks
During account registration, the Company verifies country of residence and citizenship. Customers providing false or
misleading information may face account suspension and reporting to regulators.
4.3 Transaction Monitoring
Transactions are continuously screened to ensure they do not involve prohibited jurisdictions, counterparties, or
intermediaries.
5. Review and Updates
This Policy shall be reviewed at least annually or more frequently where global sanctions regimes, FATF assessments, or Canadian regulatory requirements change. Updates will be published on the Company’s website.
6. Breach and Consequences
Any attempt to circumvent geographical restrictions (e.g., using VPNs, proxies, false documentation, or
intermediaries) constitutes a serious breach of this Policy. Consequences may include:
- Immediate suspension or termination of the Account.
- Freezing of associated funds pending regulatory investigation.
- Reporting to FINTRAC, law enforcement, and international authorities.
7. Contact Information
For questions about this Policy or clarification regarding restricted jurisdictions, please contact our Compliance
📍 Glasial Remittance Ltd
19628 55A AVENUE, SUITE 28, LANGLEY BC V3A 3X2, CANADA
📧 support@glasial.com