Hip is a marketplace where buyers and sellers from around the world can connect and grow their collections. When you use any of Hip's services, you are responsible for complying with this policy regardless of your location
Hip is a global company based in the United States and must comply with economic sanctions and trade restrictions, including those implemented by the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury. This means that Hip, and anyone using Hip services, cannot take part in transactions that involve people, items, or places that originate from areas determined by agencies like OFAC.
This policy applies to everyone who uses Hip, regardless of location. It is up to you, as a customer of Hip, to be familiar with these restrictions.
These restrictions generally prohibit transactions involving but not limited to the following:
1. Certain geographic areas such as North Korea, Crimea, Iran, Syria, and Cuba or any entity or individual residing or operating out of these areas;
3. Items originating from restricted areas with the exception of informational items like publications, films, posters, phonograph records, photographs, or certain pieces of artwork.
Hip will take steps to ensure compliance with sanctions set by OFAC and other agencies to protect our marketplace and community. Hip may terminate or suspend a member's ability to use Hip if we have reason to believe you are operating from a country listed above or otherwise violating any trade restriction or economic sanction.
Members are generally not permitted to sell or buy items from a sanctioned location. Hip reserves the right to have sellers provide additional information, such as disclosing country of origin, in a listing or take other steps to ensure compliance. This means that listings can be canceled and transactions terminated if there is a violation of this policy.
While Hip complies with applicable local laws and OFAC, members should be aware that other countries may have their own trade restrictions that may not allow importing or exporting of items under international law. Members should consult local laws when participating in international transactions.
Hip utilizes PayPal as a third-party payment processor. PayPal may monitor transactions independently for sanction compliance and could block transactions as part of their compliance programs. Hip has no control over third-party processes or insight into blocked transactions.
Trade restrictions and economic sanctions that apply to your use of Hip can change. Members should check sanction resources regularly. Please consult a qualified professional for legal advice.