Mo supports bank deposits and withdrawals in most countries and territories. A short list is excluded, and this article is that list.
[!IMPORTANT] Eligibility follows your legal country of residence, not your nationality. A citizen of an excluded country who legally resides in a supported one can be onboarded, provided they can supply proof of address.
What this list governs
Mo is not a bank. It reaches the banking system through Dakota, a regulated partner, and the countries below are the ones Dakota does not bank. The restriction covers residents of those places, transactions sent to or from them, and transactions that stay inside them.
Other parts of Mo run on other partners, and each partner excludes its own set of countries. Mo applies each list only to the feature that partner powers, rather than applying the widest list to everything. The full breakdown, partner by partner, is on the compliance page, which is the authoritative version of what the app enforces.
Countries excluded from bank rails
- Afghanistan
- Algeria
- Bangladesh
- Belarus
- Bhutan
- Burundi
- China
- Congo, Democratic Republic of the
- Cuba
- Gaza Strip
- Guinea-Bissau
- Haiti
- Iran
- Iraq
- Kenya
- Kosovo
- Lebanon
- Libya
- Morocco
- Mozambique
- Myanmar
- Nepal
- North Korea
- Pakistan
- Qatar
- Russian Federation
- Somalia
- South Sudan
- Sudan
- Syria
- Ukraine
- Venezuela
- West Bank
- Yemen
- Zimbabwe
In limited circumstances, a case-by-case exception may be permitted where the transaction is authorized under an OFAC special or general license.
This list moves when the partner changes its terms. Treat it as the position today rather than a permanent one, and check the compliance page before making plans around it.
What still works without bank rails
If you live somewhere on the list above, your Mo account is not closed to you. Holding, sending, and receiving USDC, Earn, and Travel do not touch a bank and do not require identity verification. What you lose is the fiat pathway: no virtual account, no bank deposit, no bank withdrawal.
Money can still arrive by sending crypto from an external wallet or exchange on a supported chain. Ukraine is a case in point: the banking partner names the whole country, but Trade, cross-chain routes, and tokenized stocks stay open there, since only Crimea, Donetsk, and Luhansk are sanctioned and traffic from those regions reaches Mo through Russia.
Frequently Asked Questions
How do I know if my country is supported? If your legal country of residence is not on the list above, bank rails are available to you. Eligibility rests on where you live and can provide proof of address, not on where you were born.
Can I use Mo while traveling? Yes. Eligibility is based on the permanent residence verified during identity verification, not on where you happen to be standing. You may be asked for a proof of address document issued in the last 90 days.
Why is my country excluded? Most entries reflect international sanctions or anti-money-laundering and counter-terrorist-financing standards that the partner’s sponsor bank applies. A few reflect local regulation that makes the rail unworkable rather than unlawful.
Are there restrictions beyond country? Yes. Certain activities and industries cannot be served on bank rails regardless of where they operate. See prohibited uses and restricted businesses.