1. TERMS AND DEFINITIONS
1.1. RECEIVE-MONEY.BIZ — this is a semi-automatic service located on the Internet at https://receive-money.biz and offering its services through a special software interface for all Users (hereinafter referred to as the Service).
1.2. The User is any natural or legal person who has agreed to all the terms offered by the Service and has joined this agreement.
1.3. Electronic units (title signs) — accounting units of the corresponding electronic payment systems, denoting a certain amount of claim rights or other rights arising from the contract of electronic payment systems with their users.
1.4. Electronic settlement systеm (payment systеm) is a software and hardware product developed by a third party and is a systеm for implementing accounting of electronic units, as well as organizing mutual settlements between its users.
1.5. Payment — transfer of electronic units from the payer to the recipient.
1.6. Operation (Application) — information submitted by the User using the means of the Service in electronic form, indicating his intentions to use the services of the Service on the terms proposed by the Service and specified in the application parameters.
2. GENERAL PROVISIONS
2.1. This agreement regulates the relationship between the User and the Service regarding the services provided by the Service to the User and cancels all previous agreements between the Service and the User on this subject.
2.2. This agreement does not cancel the current legislation of the countries of registration and location of the Service and the User, as well as contractual relations between the User and the Electronic Payment systеm (systems).
2.3. This agreement is considered accepted on the terms of the public offer accepted by the User during the submission of the Application, which is an integral part of this agreement.
2.3.1. The information displayed by the Service about the parameters and conditions of the Application is recognized as a Public Offer.
2.3.2. Acceptance of the public offer is recognized as the User performing actions to complete the formation of the Application, confirming his intention to make a transaction with the Service on the terms proposed by the Service immediately before the completion of the formation of the Application.
2.3.3. The date and time of acceptance, as well as the parameters of the Application conditions are recorded by the Service automatically at the time of completion of the Application.
2.3.4. The period of acceptance of the User’s offer to make a transaction with the Service on the terms described in the User’s Application is 40 minutes from the moment of completion of the Application.
2.4. This Agreement comes into effect from the moment of completion of the Application by the User.
2.5. This agreement terminates from the moment of receipt of Electronic units to the details provided by the User in the amount provided by the parameters of the User’s Application, or from the moment of cancellation of the application.
2.6. The Parties recognize this electronic agreement as equivalent in legal force to a contract concluded in writing.
2.7. The Service reserves the right to unilaterally amend this agreement without notifying the User accordingly, but with the mandatory publication of the current version of the agreement on this page.
3. SUBJECT OF THE AGREEMENT
3.1. Using the technical means of the Service, by submitting an Application, the User entrusts, and the Service, on its own behalf and at the User’s expense, performs actions for a fee to receive and further transfer the amount of Electronic Units declared by the User to a person or persons wishing to purchase such for a monetary equivalent in an amount not lower than provided in the parameters of the Application submitted by the User, as well as actions to transfer the monetary equivalent in the amount specified in the application parameters to the details specified by the User.
3.2. Any positive difference resulting from the actions described in clause 3.1 of this Agreement, as an additional benefit received, is transferred to the Service as a premium payment for commission services.
4. TERMS OF SERVICE
4.2. Ordering the services of the Service, managing the transaction process and receiving information about the progress of the transaction by the User are carried out exclusively using the appropriate user interface provided by the Service.
4.3. Accounting of transactions with electronic units is carried out by the Service in accordance with the regulations, rules and format of the corresponding Electronic Payment Systems.
4.4. Any completed operation carried out by the Service at the Request of the User is considered non—cancellable, i.e. it cannot be canceled by the User after its completion – the User receives what is due to him under the previously accepted terms of the transaction.
4.5. In case of non-receipt of electronic units from the User within 30 minutes from the moment of acceptance of the User to the details provided by the Service, the agreement on the terms specified in the Application is considered terminated by the Service unilaterally as not having entered into force, without notifying the User.
4.5.1. In case of termination of the agreement, Electronic Units received after the above deadline are subject to return to the sender’s details within the next 24 hours. When making a refund, all commission costs for the transfer of electronic units are made from the funds received at the User’s expense. The Service is not responsible for possible delays in the return, if they occurred through no fault of the Service.
4.5.2. In case of confirmation of payment in operations that are performed manually without the fact of receiving Electronic Units by the Service, the contractor has a reason to block the client’s details for repeated violation.
4.6. In case of receipt of Electronic Units from the User to the Service in an amount different from that specified in the Application, the Service must consider this as an order from the User to recalculate the Application according to the amount of Electronic Units actually received.
4.6.1. If the number of received Electronic Units differs from the one declared by the User by more than 10%, the Service may unilaterally terminate the agreement by refusing to execute the application and returning the received funds to the sender’s details within the next 24 hours. When making a refund, all commission costs for the transfer of Electronic Units are made from the funds received at the User’s expense. The Service is not responsible for possible delays in the return, if they occurred through no fault of the Service.
4.7. If the monetary equivalent is not sent to the details specified by the User within 24 hours from the start of the agreement, in the absence of reasons for blocking Electronic Units received at the Request of the User from the Service, the User may request the termination of the agreement by canceling his application and returning the electronic units in full.
4.7.1. The request for cancellation of the application must be fulfilled by the Service only if, at the time of receipt of such a request, the monetary equivalent has not been sent to the details specified by the User.
4.7.2. In case of cancellation of the application, the return of Electronic Units is made by the Service to the sender’s details within 24 hours from the moment of receipt of the cancellation request. The Service is not responsible for possible delays in the return, if they occurred through no fault of the Service.
4.8. The Service has the right to involve third-party performers to fulfill its obligations.
4.9. The Service has the right to cancel the operation in progress and return the Electronic Units and/or funds deposited by the User with the reimbursement of Electronic Payment systеm commissions to the User without explanation.
4.10. The Service has the right to refuse further service to the User in case of violation by the User of any of the clauses of this Agreement.
4.10.1. If the Service refuses to continue servicing the User, the Service notifies the User of its decision by e-mail or phone call, after which it freezes the User’s account and all current User Requests. Further, the Service returns the Electronic Units received at the Request of the User to the sender’s details within 24 hours from the moment of refusal. When making a refund, all commission costs for the transfer of Electronic Units are made from the funds received at the User’s expense. The Service is not responsible for possible delays in the return, if they occurred through no fault of the Service.
4.10.2. All subsequent Applications created by the User after the Service refuses to further service the User are automatically frozen. Accounts associated with these Applications are blocked.
5.1. In order to carry out operations, the Service accepts from the User his personal data, which the Service undertakes to store in encrypted form, not to make public, not to transfer to third parties, except for the cases described in clauses 5.4, 5.5 and 6.5 of this agreement.
5.2. All operations with Applications, as well as the transfer of personal data from the User to the Service, are carried out via an encrypted SSL channel with a key length of 256 bits.
5.3. The Service has the right, if necessary, to independently carry out activities to collect additional data about the User by any available means. All information collected as a result of such activities is not made public, is not transferred to third parties, except for the cases described in clauses 5.4, 5.5 and 6.5 of this agreement.
5.4. The Service has the right to transfer the User’s personal data and details of the operations performed by him, provided that their confidential status is preserved upon an official written request / court decision / on its own initiative (if there is a need for an investigation) to law enforcement agencies, as well as to the User to whom they belong.
5.5. The Service has the right to transfer the details of the operation and the User’s personal data related to the operation at the official request of the Electronic Payment systеm for internal investigations.
5.6. All collected data about the User, as well as details of the operations performed by him, are stored in the Service database for five years from the moment the Service executes the User’s last Request.
5.7 All mandatory fields in the applications must be indicated with real data, otherwise the service has the right to cancel the application and screw the funds to the sender minus the commission of the payment systеm or bank.
6. ANTI-MONEY LAUNDERING AND ILLEGAL TRANSACTIONS POLICY
6.1. In accordance with international legislation, Receive-Money adheres to a number of rules and implements a number of procedures aimed at preventing the use of the Service for the purpose of money laundering operations, that is, actions aimed at returning money or other securities of illegal origin to the financial and economic market, representing their acquisition and possession of them is quite legal and normal, as well as conducting other operations of an illegal nature.
6.2. In order to prevent illegal operations, the Service establishes certain requirements for all Applications created by the User:
6.2.1. The sender and the recipient of the Payment under the Application must be the same person. Using the services of the Service, transfers in favor of third parties are strictly prohibited.
6.2.2. All contact data entered by the User in the Application, as well as other personal data transmitted by the User to the Service, must be up-to-date and completely reliable.
6.2.3. It is strictly prohibited for the User to create Applications using anonymous proxy servers or any other anonymous Internet connections.
6.3. To prevent illegal transactions, the Service: — Uses an internal systеm of automated analysis of transactions and user behavior (fraud prevention systеm) that stops all suspicious transactions of the User. — Sets limits on User operations depending on the level of identification of the User’s identity and the country of origin. — Adheres to the “Know your Customer” policy. — Performs verification by all available means of all data provided by the User.
6.4. The Service reserves the right to freeze the User’s account and all current User Requests until copies of the User’s identity documents are received from the User, as well as the source of origin of Electronic Units and other information necessary to verify the operation in the following cases: — Upon detection of a violation of any of the requirements set out in paragraph 6.2 of this Agreement. — When the User’s Application is stopped by the fraud prevention systеm. — If the amount of transactions on Applications created by the User in the last 30 days has exceeded the equivalent of 10,000 USD. — If the administration of the Service has reasonable suspicions that the user is trying to use the services of the Service for money laundering or for the purpose of conducting any other illegal operations. In turn, the User undertakes to provide the requested document within 7 working days from receipt of the request for its provision, or request cancellation of the application.
6.4.1. If the User refuses to provide the requested documents, the Service reserves the right to refuse the User further service and take the actions described in clause 4.10 of this Agreement.
6.5. The Service reserves the right to refuse further service to the User and take the actions described in clause 4.10 of this Agreement, after which transfer all User data available to the Service, as well as all available information about User operations to law enforcement agencies in the following cases: — Identification of transactions aimed at money laundering, financing of terrorist organizations, fraud of any kind, as well as transactions aimed at conducting any other illegal and illegal operations. — The occurrence of a reasonable suspicion in the Service that the document provided by the User to identify the User’s identity is fake or invalid. — Receipt of information from authorized bodies on the illegality of the User’s possession of electronic units or financial means and/or other information that makes it impossible for the Service to provide services to the User. — Identification of any actions or attempts to commit actions by the User aimed at exerting any negative impact on the software and hardware complex of the Service. — Identification of any actions or attempts to commit actions by the User aimed at stealing databases and other tangible and intangible property of the Service. — Identification of any actions or attempts to commit actions by the User that can cause any physical, material and non-material harm to the Service.
6.6. The Service reserves the right to verify by all means available to it the personal and any other information received from the User.
7. LIMITATION OF LIABILITY
7.1. The Service offers its services from 9:00 to 22:00 (Kyiv time), seven days a week and will strive to ensure that the software and hardware complex and Service operators perform their duties as quickly as possible, approaching automation.
7.2. The Service provides its services on an “as is” basis, as they are described on the pages of the site, in particular in the exchange directions for which unique conditions for transactions apply.
7.3. By using the Service, the User agrees that the scope of the Service’s liability is limited to the funds received from the User to fulfill the subject of this Agreement, that the Service does not provide additional guarantees and does not bear any additional responsibility to the User, as well as the User does not bear additional responsibility to the Service, except for the cases specified in clause 7.9.
7.4. The Service will make every effort, but does not guarantee that its services will be available around the clock and daily. The Service does not bear any responsibility for losses, lost profits and other costs incurred by the User as a result of the inability to access the site and the services of the Service.
7.5. The Service does not bear any responsibility for losses, lost profits and other costs of the User resulting from delays, errors or failures in making bank payments or electronic transfers.
7.6. The Service does not bear any responsibility for losses, lost profits and other costs incurred by the User as a result of erroneous expectations of the User regarding the tariff rates of the Service, the profitability of transactions and other subjective factors.
7.7. If the User provides erroneous data in the information about the details of the sender or recipient of funds, the Service does not bear any responsibility for any adverse consequences or damage resulting from this error.
7.8. Using the services of the Service, the User is solely responsible for paying taxes in accordance with the tax legislation of the country at his place of residence. The Service is not a tax agent and will not notify the User of any possible tax costs when using the services of the Service.
7.9. The User guarantees compensation for losses of the Service (management company, managers and employees) in cases of lawsuits or claims directly or indirectly related to the User’s use of the services of the Service, with the exception of losses caused by culpable (intentional or careless) actions of the Service itself.
7.10. The User guarantees that he is the owner or has the legal grounds to dispose of the amounts used in his transactions.
7.11. The User undertakes to refrain from using the services of the Service to conduct fraudulent and illegal transactions and agrees that any attempt to exchange fraudulent capital will be prosecuted to the fullest extent of the law. The User’s actions may be considered illegal in accordance with the legislation of the User’s country of residence and/or the country where the Service is registered.
7.12. The User undertakes not to falsify the communication flows associated with the operation of the Service, not to interfere with its software and / or hardware, and not to exert any other influence capable of disrupting the normal operation of the Service, realizing that such actions will be prosecuted to the fullest extent of the law.
7.12.1. In case of detection of falsification of communication flows or any negative impact on the normal operation of the program code of the Service, which is directly or indirectly related to the User’s application, the execution of the application by the Service is suspended, after which the actions described in clause 6.5 of this agreement are taken.
7.13. The User acknowledges that the content of the Service’s website falls under the protection of legislation on the protection of property rights, intellectual property and copyrights. Unauthorized use of this content is illegal.
7.14. Neither the User nor the Service will be liable to each other for delays or non-fulfillment of their obligations resulting from the occurrence of force majeure circumstances, including natural disasters, fire, flood, terrorist acts, changes of power, civil unrest, as well as non-functioning of Electronic payment systems, power supply systems, communication networks and Internet service providers.services.
7.15. Electronic payment systems and/or financial institutions are solely responsible for the funds entrusted to them by the User. The Service cannot be a party to the agreement between the Payment systеm and/or financial institution and the User and is in no way responsible for the incorrect or unauthorized use of the Electronic Payment systеm by the User, as well as for the User’s abuse of the functionality of the Electronic Payment systеm. The mutual rights and obligations of the User and the Electronic Payment systеm and/or financial institution are regulated by the relevant agreements.
8. PROCEDURE FOR ACCEPTING CLAIMS AND RESOLVING DISPUTES
8.1. Disputes and disagreements arising within the framework of the provision of services by the Service to the User are resolved through negotiations between the User and the administration of the Service, based on the provisions of this agreement.
8.1.1. Any claims under this Agreement may be accepted by the Service in electronic form by sending a message in essence of the claim to the details (contacts page) specified on the Service’s website.
8.2. If it is impossible to resolve the issues arising through negotiations, the dispute is resolved in accordance with the current legislation at the place of registration of the Service.