Who can sign up for Bento?

Almost all legally registered US businesses with a verifiable physical location in the US can sign up for Bento.

There are, however, Restricted Business categories may be imposed through Network Rules or the requirements of our Issuing Bank(s). The following categories of businesses are restricted from using Bento's services:

    • OFAC-sanctioned individuals, entities, countries, and/or governments
    • Shell banks and foreign shell companies
    • Legal entities whose Ultimate Beneficial Owners (or UBOs) cannot be verified
    • Unlawful/unlicensed Internet gambling organizations
    • Unregulated domestic/foreign casinos
    • Unregistered/unregulated charitable organizations
    • Unregistered hedge funds
    • Unlicensed and/or unregistered MSBs
    • Bearer Share companies
    • Marijuana related businesses (includes marijuana-related legitimate businesses)
    • Virtual currency companies
    • Adult content and services companies
    • Drug paraphernalia companies
    • Penny auction companies
    • Any individual or entity that:
      • Presents forged or false documents,
      • Refuses to cooperate or deliberately obstructs the customer verification process, or
      • Insists on anonymity

The types of restricted businesses listed are representative, but not exhaustive. If you are uncertain as to whether your business is a Restricted Business, or have questions about how these requirements apply to you, please contact us.

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