--- title: Veem Transfer Guidelines description: At Veem, we strive to facilitate as many payments globally as possible; however, as a financial services provider, we must adhere to the regulations of the countries in which we operate. --- [Skip to content](https://help.veem.com/hc/en-us/articles/115012930668-veem-transfer-guidelines#main-content) English Show submenu for translations [Customer portal](https://help.veem.com/tickets-view?hsLang=en) [![veem-logo-2](https://help.veem.com/hubfs/veem-logo-2.svg)](https://www.veem.com/) Open main navigation Close main navigation - English Show submenu for translations - [Customer portal](https://help.veem.com/tickets-view) - [Contact us](https://www.veem.com/contact/) [Contact us](https://www.veem.com/contact/) How can we help you? - There are no suggestions because the search field is empty. 1. [Help Center](https://help.veem.com/?hsLang=en) 2. [Veem Basics FAQ](https://help.veem.com/veem-basics-faq?hsLang=en) # Veem Transfer Guidelines ## At Veem, we strive to facilitate as many payments globally as possible; however, as a financial services provider, we must adhere to the regulations of the countries in which we operate. #### There are some situations we are unable to accommodate:   **Business Payments Only** Veem may only be used for *business payments*. We are not able to process *person-to-person or remittance payments*. **For goods or services** In general, payments must be for the exchange of goods or services. There are certain situations where Veem may require further information on transactions or deny the use of our service entirely. - If the purpose for payment is unclear, Veem may request a copy of invoices or service contracts to clarify. - Payments to 1099 contractors qualify as business payments and are permitted. - Inter-company payments are allowed if the two entities are separate. - For example, a company based in the U.S. transferring to a foreign subsidiary would be allowed. - Veem does not process payments for money service businesses, including lending, escrow, securities, and debt collections. - Payroll to employees is prohibited. **No Intermediaries** - Each party named in a transaction must be the original source or final destination of the funds — no intermediaries are permitted. - All funds must originate from the sender’s bank account and be received at the receiver’s bank account. - For example, an accountant or bookkeeper may not send or receive funds from their own Veem account on behalf of their customers. The Veem account must be established in the client's name and business information. [Click here to learn how to invite your accountant to use your Veem account.](https://help.veem.com/hc/en-us/articles/7025184537875-how-to-invite-clients-to-veem-as-an-accountant-bookkeeper?hsLang=en) **No Illegal Goods or Services** Veem does not process payments for goods or services that are illegal in the jurisdictions where we operate. - If the business activity is unclear, Veem will perform an enhanced review to determine the business's acceptability.  - Veem cannot service any illegal drug, online pharmacy, or marijuana industry payments. See the [Acceptable Use Policy](https://help.veem.com/hc/en-us/articles/360045552754-veem-s-acceptable-use-policy?hsLang=en) and [List of Countries](https://www.veem.com/where-to-send-receive-wire-transfers/) we serve. 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