Agreement of using title characters of Internet exchange system
1. Parties of the agreement.
The contract is concluded between the online service for the exchange of title characters, then Executant (Service), - on the one side and the Customer (the person who used the services of the Executant ) - on the other side.
2. The list of terms
2.1. The exchange of title units is an automatic product of online service which is provided by the Executant and based on these rules.
2.2. Customer is an individual person willing to use the Services being provided by the Service who has agreed to all the provisions stipulated in the Agreement.
2.3. Title unites - a common unit of a particular payment systems determining a specified scope of rights of claim or some other rights arising from the agreement executed by the Payment systems and their customers.
2.4 Application form (order)– means the information provided by the Customer via technical means of the Service in digital format indicating their intention to use the Exchange services under the conditions proposed by the Service and stated in Order characteristics
3. General Provisions and Terms
The Agreement is concluded on the terms of the public offer made by users during the order process, which is an integral part of this agreement. Public offer of the Service recognizes the displayed information on the specifications and conditions of the application. The Service receives the public offer, making the action to place order for the exchange, which is evidence of the Customer to make a deal with the Service on terms of service. Date and time of the acceptance of the public offer, as well as the terms of the application parameters are fixed by the Service automatically upon completion of the application form. The period during which the Customer must accept the terms of this agreement shall be 24 hours. The Agreement shall come into effect from the date of receipt of title units in the amount prescribed parameters Customer’s application to the details of Service. The term of the contract is set up to the moment of execution subject matter of this Agreement (Section 3) or the termination of the Agreement at the initiative of one of the parties on the terms outlined below.
4. Subject of the Agreement
With the help of technical means of the Service by way of making an Order the Customer authorizes and the Service for a compensation in its own name and at the Customer expense receives and transfers the amount of the Title units declared by the Customer and stated in the Order characteristics at the details provided by the Customer.
5. In addition
5.1 If the Execunant receives an amount on its account which is different from that indicated in the application, the Service will do the recalculation of the actual receipt the title units. If this amount exceed the amount indicated in the application for more than 10%, the Service will cancel the contract unilaterally and all funds are returned to the Customer’s details, taking into account the amount deducted for fees expenses during the transfer.
5. 2In the case where title units are not sent by the Executant to the specified details of the Customer within 24 hours, the customer has every right to demand termination of the agreement and to cancel his application, thus making the return of electronic signs on his account in full. The application for cancellation of the agreement and the return of electronic signs performed by the Contractor in the event that the funds have not yet been transferred to the customer specified details. In case of cancellation of the contract, return of electronic signs made within 24 hours of receipt of the request for cancellation of the contract. If any delay in the return of no fault of the Contractor, it does not bear responsibility for them.
5.3 If the title units are not available from the Customer's account at a specified time from the moment the Customer's request, the agreement between the parties may be terminated by the Executant since the agreement does not enter into force. The customer can be notified about it. If the title units come to the details of the Executant after that date, the title units can be transferred back, at the discretion of the Executant at the expense of the customer, all fees related to the transfer will be deducted from these funds.
5.4 The Service is not responsible and will not indemnify any losses or lost profit or any other expenses connected to incorrect using of the Service as well as Customer mistakes made when filling out the exchange form that can lead to the Payment being delayed of the Title units being sent at the wrongly stated details.
5.5. In case of forgery of communication flows, or due to influence in order to degrade the performance of the executor (its software code), the application is suspended, and the transferred money are calculated in accordance with the agreement. If the Customer does not agree with recalculation, he has a full right to cancel the agreement and the title units will be transferred to the account details specified by the Customer.
5.6 In the case of using the services of the Executant, the Customer fully agrees that the executant will carry a limited liability corresponding to these rules for obtaining title units and give no additional guarantees to the Customer and have no additional liability before the Customer. Accordingly, the Customer does not carry an additional liability to the Service.
5.7. The Customer agrees to comply with applicable laws and does not forge any communication flows and doesn't create any obstacles to the normal operation of the program code of the service.
5.8The Service is not responsible and will not indemnify any losses or lost profit or any other expenses connected to incorrect using of the Service as well as Customer mistakes made when filling out the exchange form that can lead to the Payment being delayed of the Title units being sent at the wrongly stated details.
6. Guarantee period
The warranty period for provided services under this agreement is 24 hours from the moment of execution of the subject of the agreement
In exchange, there are three parties - Payment system / our services / banking services.
Lagging of applications often occurs due to technical faults on the side of EPS or Banks
In this case, as soon as the problems will be resolved application can be processed..
7. Uncontrolled circumstances
The Service is not responsible for delays or failures in the handling of operations arising as a consequence: any problems in the telecommunications, computer and other systems; force majeure action of Payment Systems (block or closure of the accounts, freezing or holding of funds, denial of service); change of political regimes, civil strife; actions of third parties, which are beyond the control of the Service.
8. Form of the Agreement
The Customer and the Service acknowledge that the digital form of this Agreement is legally equal to the agreement executed in written form.
9. Working with cards of England, Germany and the United States.
For users of England, Germany and the United States the conditions of the transfer of title characters can extend for an indefinite period corresponding to a full verification of cardholder data. Payment does not subject to any operations and in full is on account of Executant.
10.Resolution of Disputes
All disputes connected to the provision of Exchange services to the Customer will be settled by the way of negotiations between the Customer and the Service administration based on the conditions of this Agreement.
11. Exchange transactions
11.1 The Customer is obliged to use the Service only for lawful purposes and not to try to disrupt the Service. If the Service has doubts about the legitimacy and integrity of the Customer, it reserves the right to seek full identification of the Customer. Customer agrees to comply with these requirements and in the case of fraud be held criminally liable under the legislation at the moment
In particular Service reserves the right to provide information on transactions to authorities and relevant payment systems by request.
11.4 Customer agrees not to interfere with the work of the Executant and does not cause to damage of his hardware and software. Customer agrees to provide accurate information to ensure compliance with all terms of the contract by the Executant.
12. The Service leaves the right to refuse to process the Order without any explanations. This paragraph applies to every client.
13. Notice of Risks
Goods and services, offered by us as a Merchant are not provided on order or by request of a person or entity, running WebMoney Transfer System. We hereby act as an independent entity providing services and making independent decisions on pricing and offers. Entities, running WebMoney Transfer System do not receive any commission, interest fees or any other awards/refunds for the provided goods or services and are not liable for our activities.
Verification, performed by WebMoney Transfer System only confirms the accuracy of our contact details and proves our identity. Verification is performed by our own free will and doesn't mean or show our connection to the commercial activity of WebMoney Transfer System Operators.
- Regulations of the exchange described here