Treasury requirements

Treasury has compliance requirements and restrictions in addition to those needed for Stripe Payments. They apply to both the platform and its connected accounts. Offer your Treasury-based financial services only to businesses that meet the requirements.

Fraud management process

Stripe requires that Treasury platforms maintain a fraud risk management process. The process must include proactive measures to prevent and monitor unauthorised or fraudulent activity, and take steps to remediate it. This includes:

• Establishing processes to identify and understand the business of your customers.
• Implementing robust tools to prevent unauthorised access to customer accounts.
• Educating Connected Accounts on how fraud can occur, and establishing a robust process for alerting Connected Accounts when suspected fraud occurs.
• Conducting root cause analyses after fraud incidents occur to identify opportunities to improve controls.

See the Treasury Fraud guide for best practices on implementing and maintaining a fraud risk management programme.

Supported countries

Stripe Treasury is available only to platforms and connected accounts located in the United States. To be considered a US business, you must be able to demonstrate:

• Your business physically operates from an address within the United States and that address can’t be a PO box, highway contract box, or private mailbox.
• Your business has at least one account representative that lives at an address within the United States. That address can’t be a PO box, highway contract box, or private mailbox.

Business owners that reside in certain countries outside the US are permissible, but might require enhanced review. Additionally, you can’t use the Financial Account to send or receive funds to or from sources outside the United States. Stripe prohibits using Treasury for any dealings, engagement, or sale of goods or services linked directly or indirectly with jurisdictions Stripe has deemed high risk, such as Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions.

Business use cases only

Stripe Treasury is available only to platforms with B2B use cases. Stripe doesn’t offer financial accounts to consumers or provide Treasury features for consumer purposes.

Connected account types

Treasury only supports connected accounts that don’t use a Stripe-hosted dashboard and where your platform is responsible for requirements collection and loss liability, including Custom connected accounts. Learn how to create connected accounts that work with Treasury.

As a platform with connected accounts, you’re responsible for maintaining a minimum API version, communicating terms of service updates to your connected accounts, handling information requests from them, and providing them with support. Because your platform is ultimately responsible for the losses your connected accounts incur, you’re also responsible for vetting them for fraud. To learn more, read the Treasury fraud guide.

Supported countries of residence

Stripe Treasury currently supports businesses in the US only, but the business owners and authorised persons of those businesses can reside in over 150 countries. Some countries of residence, however, can require a more detailed review before you can onboard them to your platform.

Stripe prohibits using Treasury for any dealings, engagement, or sale of goods or services linked directly or indirectly with jurisdictions Stripe has deemed high risk, such as Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions.

Prohibited and restricted business types

The businesses and business practices in the following categories are either restricted or prohibited from using Stripe Treasury. Financial network rules, the requirements of our financial services providers, and our own compliance and legal obligations determine whether Stripe can provide financial services. In some cases, a business in one of these categories can use Treasury after getting explicit approval from Stripe. The types of businesses listed below are representative of our Restricted Businesses, but this list isn’t exhaustive. The specifics might vary depending on the financial service provider.

For more information about businesses restricted by Stripe Payments, and by extension Treasury, see Prohibited and Restricted Businesses.

Prohibited business types

The businesses and business practices in the following categories are classified as prohibited and are therefore not eligible to use Treasury:

• Adult industry, escort, or dating services
• Arms trading—retail or manufacturing
• ATMs
• Bail bonds
• Casinos, gambling or gaming
• Debt collection, debt relief, and credit restoration agencies
• Door-to-door sales
• Government agencies and entities
• Hemp or marijuana direct businesses
• Illegal drug products and services
• Money services and currency exchange
• Payable-through accounts
• Payday lending and tax anticipation programmes
• Person-to-person payment businesses
• Shell corporations
• Telecommunication or surveillance equipment providers
• Unfair, predatory, or deceptive practices, including multi-level marketing and pyramid schemes
• Unregistered charities
• Warranties and lifetime guarantees

Restricted business types

The following categories of businesses and business practices are classified as restricted and are subject to enhanced review:

Regulated industries, such as:

• Insurance services
• Investment, commodities, and brokerage services
• Lending and cash advance services
• Money Services Businesses (MSB) and currency exchange
• Pharmaceuticals
• Student loan assistance companies
• Tobacco

Businesses that can pose elevated risk, such as:

• Buy Now Pay Later (BNPL)
• Direct marketing businesses, including telemarketing, “As Seen on TV”
• Import, export, and freight transport of physical commodities
• Jewelry, gems, precious metals—dealers or wholesalers
• High interest rate lenders
• Marketplaces
• Multi-level marketing
• Non-Government Organisations (NGOs)
• Non-fungible tokens (NFTs)
• Professional Service Providers (PSP), including lawyers and accountants
• Second-hand shops and pawnshops
• Sweepstakes parlours and internet sweepstakes cafés
• Third-Party Payment Processors (TPPPs)
• Vitamin and supplement sales
• Virtual Asset Service Providers (VASPs)

Prohibited business addresses

Treasury only supports connected accounts with a valid US-based physical business. The address can’t be a PO box, a highway contract (HC) box, or a private mailbox. Changes to business addresses might take up to 24 business-hours to be reflected on outgoing and incoming wires.

Politically exposed persons

Stripe screens applications to identify any connected account user that’s a politically exposed person (PEP) including foreign senior political figures (SPF). Businesses that are owned by PEPs are prohibited from using Treasury services.