Clear Rules. No Surprises.
Account closures are never random. They only happen when account activity violates nsave’s Terms & Conditions or regulatory obligations.
Transparency matters — here’s exactly why closures occur.
Common Reasons for Account Closure
1. Altered or False Documents
Submitting edited or fake documents results in immediate closure.
Why: Document fraud is a major driver of financial crime, and nsave applies zero tolerance to protect users.
2. Sanctions or Politically Exposed Status
Accounts linked to sanctioned individuals or politically exposed persons (PEPs) cannot be supported.
Why: International regulations prohibit it.
This applies globally and is not nationality-based.
3. Suspicious or High-Risk Activity
This may include:
Unexplained high-volume transfers
Transfers linked to sanctioned regions
Patterns associated with money laundering
Evidence of account compromise
4. Missing Required Documentation
If requested documents aren’t provided within reasonable timeframes, the account may be closed.
5. Prohibited Activities
Not supported:
Cryptocurrency buying or selling
Peer-to-peer lending circles
Acting as a payment processor for others
High-risk gambling or gaming activity
6. Business Use of a Personal Account
✔ Allowed: Freelancers receiving their own client payments
✖ Not allowed: Using a personal account to process payments for others