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Supported Countries and Territories
Last updated on 22 Nov, 2025
Bancoli provides services to solopreneurs and registered businesses in over 200 countries and territories. However, due to regulatory requirements, certain jurisdictions are restricted or prohibited from using our services.
We cannot open an account if your account address is located in the following jurisdictions:
Afghanistan |
Algeria |
Bangladesh |
Belarus |
Burma (Myanmar) |
Burundi |
Central African Republic |
China |
Cuba |
Democratic Republic of the Congo |
Egypt |
Eritrea |
Ethiopia |
Haiti |
Hungary |
Iran, Islamic Republic of |
Iraq |
Kosovo |
Kuwait |
Lebanon |
Libya |
Macau |
Mali |
Morocco |
Nepal |
Nicaragua |
Niger |
North Korea |
North Macedonia |
Pakistan |
Palestine (Gaza Strip) |
Puerto Rico |
Qatar |
Russian Federation |
Slovenia |
Somalia |
South Sudan |
Sudan |
Syria |
Ukraine |
Venezuela |
West Bank (Palestinian Territory) |
Note for Registered Business Entities:
It is not a requirement for the beneficial owner to reside in the same country where the business is registered; however, we cannot open an account under any circumstances if the UBO resides in the following countries:
Afghanistan |
Burma (Myanmar) |
China |
Haiti |
Hungary |
Iran, Islamic Republic of |
Iraq |
Libya |
Macau |
Mali |
North Korea |
Palestine (Gaza Strip) |
Russian Federation |
Somalia |
South Sudan |
Syria |
West Bank (Palestinian Territory) |
Yemen |
Does this mean that I can open an account from a country that is not listed above?
Under your initiative, you are eligible to request an account from outside of the above-listed countries. Please also note that content found on Bancoli.com does not, and should not be construed as an offer, invitation, or solicitation of services, and nothing on this website should be interpreted as a solicitation.