Prohibited Activities List
Activities that are not permitted on the BIX platform.
Prohibited Activities List
This Prohibited Activities List ("List") describes activities that are not permitted on the BIX platform and related services (including card features). This List is incorporated by reference into our Terms of Use and other agreements.
We may update this List at any time. We may block, restrict, suspend, or terminate accounts and transactions as described below.
1) Financial crime and illicit finance
You may not use BIX to engage in or facilitate:
Money laundering, terrorism financing, or proliferation financing.
Structuring, smurfing, or attempts to evade reporting requirements.
Use of funds derived from theft, fraud, extortion, ransomware, or other criminal activity.
Use of mixing, tumbling, obfuscation, chain-hopping, or layering techniques intended to conceal source of funds, where prohibited or used for illicit purposes.
Transactions with sanctioned persons, entities, addresses, or jurisdictions.
Bribery, corruption, or facilitation payments.
2) Fraud, deception, and abuse
You may not:
Provide false, misleading, or incomplete information during onboarding or verification.
Impersonate any person or entity.
Engage in account takeover attempts, credential stuffing, phishing, SIM swap fraud, or social engineering.
Manipulate chargebacks or disputes, submit false claims, or attempt friendly fraud.
Exploit promotions, referrals, or rewards dishonestly.
3) Illegal goods and services
You may not use BIX in connection with the purchase, sale, or distribution of:
Narcotics, controlled substances, or drug paraphernalia.
Illegal weapons, ammunition, explosives, or instructions for their manufacture.
Counterfeit goods, stolen goods, or goods obtained through unlawful means.
Illegal wildlife trafficking or regulated items sold unlawfully.
4) Restricted and high-risk industries
Unless explicitly approved in writing by Bit1, you may not use BIX for:
Unlicensed money services businesses, money transmission, check cashing, or currency exchange for third parties.
Unlicensed investment products, securities offerings, or fundraising schemes.
Gambling, betting, lotteries, or games of chance (including online) where illegal or unlicensed.
Adult sexual content or services, escorting, or sexual exploitation.
High-risk pharmaceuticals or sale of prescription medicines without proper authorization.
Pyramid schemes, Ponzi schemes, or deceptive multi-level marketing.
5) Platform integrity and security
You may not:
Reverse engineer, decompile, or attempt to derive source code except where permitted by law.
Probe, scan, or test the vulnerability of our systems.
Bypass rate limits, access controls, geofencing, or compliance restrictions.
Use bots or automated tools to scrape, overload, or disrupt the Services.
Introduce malware or harmful code.
6) Prohibited card uses
You may not use the Card for:
Cash-like transactions intended to circumvent controls.
Transactions that violate Visa rules or Program Partner requirements.
Any activity prohibited by law or this List.
Merchants may be blocked by merchant category code (MCC) or other controls.
7) Enforcement and consequences
We may take one or more actions if we suspect or determine prohibited activity, including:
Decline, freeze, or reverse transactions where permitted.
Suspend or close accounts.
Require additional verification or source-of-funds documentation.
Restrict withdrawals, conversions, or card features.
Report activity to authorities or comply with lawful requests.
We may retain and share information as needed for compliance, fraud prevention, and legal obligations.
8) Reporting concerns
If you believe your account is being used improperly, contact legal@bix.fi.
Last Updated: February 9, 2026.
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