{"id":2403,"date":"2025-05-09T14:40:40","date_gmt":"2025-05-09T14:40:40","guid":{"rendered":"https:\/\/ayabank.us\/?page_id=2403"},"modified":"2025-05-09T16:32:04","modified_gmt":"2025-05-09T16:32:04","slug":"personal-greement","status":"publish","type":"page","link":"https:\/\/ayabank.us\/it\/personal-greement\/","title":{"rendered":"Personal Agreement"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"2403\" class=\"elementor elementor-2403\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-321a2f0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"321a2f0\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2c401e6d\" data-id=\"2c401e6d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5efe2044 de_scroll_animation_no elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"5efe2044\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Personal Agreement<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-480c645c elementor-icon-list--layout-inline elementor-align-center elementor-list-item-link-full_width 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class=\"elementor-icon-list-text\">Legal<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-657400b e-flex e-con-boxed e-con e-parent\" data-id=\"657400b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8dd7dc5 de_scroll_animation_no elementor-widget elementor-widget-heading\" data-id=\"8dd7dc5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Personal Agreement\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-21a945d e-flex e-con-boxed e-con e-parent\" data-id=\"21a945d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b40baf8 de_scroll_animation_no elementor-widget elementor-widget-heading\" data-id=\"b40baf8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Last updated: 1 April 2024<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ce76870 e-flex e-con-boxed e-con e-parent\" data-id=\"ce76870\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fcad4a0 de_scroll_animation_no elementor-widget elementor-widget-text-editor\" data-id=\"fcad4a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">This Customer Agreement applies to our products and Services. It describes the rights and obligations of you and us and forms a legally binding contract between you and Wise when you register and use our services such as sending money to your friends and family or holding a balance with us.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><p style=\"color: #66676d; text-align: center;\"><span style=\"font-size: 18px;\"><strong><span style=\"font-family: helvetica;\">IMPORTANT THINGS TO KNOW<\/span><\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-family: helvetica; font-size: 18px;\">You\u00a0<b>must be at least 18 years old<\/b>\u00a0to use our services and when you do, you are agreeing to these terms.\u00a0<b>If you don\u2019t agree you must not use our Services<\/b>.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">You can access and use our Services via our website or App or through social media, API or an authorized third party.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">Our\u00a0<a href=\"https:\/\/ayabank.us\/it\/fees\/\">Pricing &amp; Fees<\/a>\u00a0shows all our fees. You\u2019ll always see our fees upfront.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">There are certain types of business and transactions we do not support.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">These are known as\u00a0<strong>\u2018restricted activities\u2019<\/strong>\u00a0and we tell you about them in our\u00a0<a href=\"https:\/\/ayabank.us\/it\/restricted\/\">Restricted Activities<\/a>. You must read this carefully to\u00a0<strong>make sure you do not carry out any of these activities<\/strong>. If you do, we may stop you from using our Services.<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\">When you use our Money Transfer service\u00a0<strong>you might be doing business with anotherwise entity or thirthd party<\/strong>\u00a0depending on the currency or correspondent. You should accept our Terms &amp; Conditions that apply are listed\u00a0<a href=\"https:\/\/ayabank.us\/it\/terms\/\">Terms &amp; Conditions<\/a>.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">Your profile and AYABANK Account are\u00a0<strong>for your personal use.<\/strong><\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">You must keep your account with a minimum deposit balance required by the account type you registered with AYABANK as show on our\u00a0<a href=\"https:\/\/ayabank.us\/it\/fees\/\">Pricing &amp; Fees<\/a>\u00a0otherwise there a daily 5% penalty fees applied.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">You must\u00a0<strong>keep your security details safe and not allow anyone else to use our Services on your behalf, other than Authorized Users<\/strong>. Any use of our Services from your profile or AYABANK Account is deemed to be approved by you.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">We might suspend your access to our Services if we think your profile or AYABANK Account might be compromised, you engage in a restricted activity or we believe you may have or will violate any applicable laws.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">We hope you enjoy using AYABANK, but\u00a0<strong>if you want to stop using our Services or close your AYABANK Account<\/strong>\u00a0you can contact\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Customer Support<\/a>.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><span style=\"font-size: 18px; font-family: helvetica;\">If you have a complaint about our Services, please follow our\u00a0<a href=\"https:\/\/ayabank.us\/it\/complaint\/\">Customer Complaint Procedure<\/a>.<\/span><\/span><\/li><\/ul><ol style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>About this customer agreement<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>1.1 This Customer Agreement<\/strong> is a contract between you\u00a0 as an individual\u00a0 (\u201c<strong>you<\/strong>\u201d) and AYAINVEST Limited (\u201c<strong>AYAINVEST\/us\/we<\/strong>\u201d) which defines the terms and conditions on which we provide our Services to you (the \u201c<strong>Agreement<\/strong>\u201d). Reference to &#8216;you&#8217; includes a sole trader, freelancer, limited or public company, partnership, or a charity or trust.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>1.2<\/strong>\u00a0This Agreement refers to and incorporates by reference additional documents (the \u201c<strong>Additional Documents<\/strong>\u201d), which also apply to your use of our Services, including:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0Our\u00a0<a href=\"https:\/\/ayabank.us\/it\/restricted\/\">Restricted Activities<\/a>, which sets out the allowed and restricted uses of our Services.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0Our\u00a0<a href=\"https:\/\/ayabank.us\/it\/fees\/\">Pricing &amp; Fees<\/a>, which sets out our pricing and how it works.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0Our\u00a0<a href=\"https:\/\/ayabank.us\/it\/privacy\/\">Privacy Policy<\/a>, which sets out the terms on which we process any personal data we collect about you, or that you provide to us. By using our Services, you consent to such processing, and you promise that all data provided by you is accurate.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>1.3<\/strong>\u00a0By using our Services, you confirm that you accept and agree to this\u00a0<strong>Agreement<\/strong>\u00a0in its most current form as posted on our Website, App or by an API Partner. And you agree to pay all monthly fees and account setup fees, and any outstanding balance will be available under your account If you do not agree, you must not use our Services.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>1.4<\/strong>\u00a0AYABANK may use third party for doing all the financial services, such Sending and Receiving funds. In those cases, your money will be held in accordance with the regulations and licences applicable to such entity.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>1.5<\/strong>\u00a0Where there are any differences between this Agreement, the Additional Documents or information we provide on our Website, App or via an API Partner, the terms in this Agreement will take priority.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>1.6<\/strong>\u00a0To receive some of our Services, such as our Assets products, you may be asked to agree to additional terms and conditions which we will tell you about before you use that service.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>1.7 How this Agreement applies to you.<\/strong>\u00a0If you only use our Services to make Money Transfers or maintain a profile with AYABANK without a AYABANK Account, then you agree to this Agreement each time you use our service in this way. When you open a AYABANK Account, this Agreement applies to that AYABANK Account whilst the AYABANK Account is open. AYABANK Account may opened and activated under third party financial services by using third party technology and API.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>1.8 Future changes.<\/strong>\u00a0We may update this Agreement from time to time as set out in \u2018Our right to make changes.\u2019 Any changes made to this Agreement will take effect as soon as the Agreement is on our Website and App or on the date notified to you. AYABANK not responsible of any notifications didn\u2019t receive by clients, clients must always brows our website and check if there any updates.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>1.9<\/strong>\u00a0You can always see the most current version of this Agreement on our\u00a0<a href=\"https:\/\/ayabank.us\/it\/\">Website<\/a>. If you would like a copy of this Agreement, you can download it or contact\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Customer Support<\/a>.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"2\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Defined words in this Agreement<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>2.1<\/strong>\u00a0In this Agreement, capitalised words are defined in brackets within the Agreement or Additional Documents or have the meaning set out below:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px;\"><strong>API <\/strong>means the application programming interface provided by AYABANK, for example, through an API Partner.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>API Partner <\/strong>means a business we have partnered with for AYABANK to offer our Services through their website, mobile application or similar.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>App <\/strong>means our mobile application software, the data supplied with the software and the associated media.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>APP Scam <\/strong>means an Authorised Push Payment scam.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>Direct Debit <\/strong>means an instruction from a customer to their payment service provider authorising collection of varying amounts from the customer\u2019s account, if the customer has been given advance notice of the collection amounts and dates.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>Business Day <\/strong>means a day other than a Saturday, Sunday, or a public holiday in England when financial institutions in London, UK are open for business.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>Card <\/strong>means a card issued on a AYABANK Account by AYABANK or Third Party.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>Chargeback <\/strong>means the person sending you the money has made a claim to their bank or payment provider that money was sent to you illegitimately, or the payment to AYABANK fails due to insufficient funds, account closed or any other reason.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>Intellectual Property <\/strong>means (i) rights in, and in relation to, any trademarks, logos, patents, registered designs, design rights, copyright and related rights, moral rights, databases, domain names, utility models, and including registrations and applications for, and renewals or extensions of, such rights, and similar or equivalent rights or forms of protection in any part of the world; (ii) rights in the nature of unfair competition rights and to sue for passing off and for past infringement; and (iii) trade secrets, confidentiality and other proprietary rights, including rights to know how and other technical information.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>Money Transfer <\/strong>means a direct transfer of funds paid by you, without using funds in your AYABANK Account, to a designated recipient that is sent using AYABANK. In some currencies, you may only be able to convert and send funds using your AYABANK Account and cannot make a direct Money Transfer.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>Reversal <\/strong>means the funds received by you are reversed, returned, or clawed back for any reason. For example, due to insufficient funds or account closure.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>Services <\/strong>means all products, services, content, features, technologies, or functions offered by us and all related websites, applications (including the App), and service models (including the Website and via an API Partner), and including the AYABANK Account, the currency conversion, and Money Transfer offerings.<\/span><\/li><li><span style=\"font-size: 18px;\"><strong>Website <\/strong>means any AYABANK webpage, including https:\/\/www.ayabank.us, where we provide the Services to you.<\/span><\/li><li><span style=\"font-size: 18px;\"><span style=\"font-size: 18px;\"><strong>AYABANK<\/strong> <strong>Account <\/strong>means a multi-currency account held by customers at AYABANK, which may include a Jar.<\/span><\/span><\/li><\/ul><ol style=\"color: #66676d; text-align: justify;\" start=\"3\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Who we are and how to contact us?<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>3.1<\/strong>\u00a0We are AYAINVEST Limited, a company incorporated under the laws of England and Wales with company number\u00a0<strong>11516853<\/strong>.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>3.2<\/strong>\u00a0Our registered office is Celtic Way Daventry Rail Freight Terminal, Northampton, United Kingdom, NN6 7GW, United Kingdom. This office is not publicly open to you or other members of the public, it\u2019s a virtual office used for company house and can be changed from time to time.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>3.3<\/strong>\u00a0AYABANK are authorized from DEPARTMENT OF COMMERCE, COMMUNITY, AND ECONOMIC DEVELOPMENT, State of Alaska under License No. 2136134. You can look us up on the\u00a0<a href=\"https:\/\/www.commerce.alaska.gov\/cbp\/businesslicense\/search\/License\">Alaska Business License<\/a>\u00a0using our License reference number.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>3.4 How to contact us.<\/strong>\u00a0You can contact us by email, web chat or telephone by logging into your AYABANK Account or through our\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Help Centre<\/a>.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>USING OUR SERVICES<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"4\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Our Services under this Agreement<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>4.1 Overview.<\/strong>\u00a0Each of our Services works slightly differently, here we provide an overview of the services covered by this Agreement and the terms that apply to all the Services under this Agreement. You should carefully read the section of the Service you intend to use:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a) Converting Currency.<\/strong>\u00a0You can convert one currency to another either as a Money Transfer, using your AYABANK Account or spending on your Card.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b) Your AYABANK Account.<\/strong>\u00a0AYABANK Account is a multi-currency account that allows you to hold, spend, send, and receive money as well as convert currency. Where possible you may also have a Card.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c) Money Transfer.<\/strong>\u00a0You don\u2019t need to have a AYABANK Account to send money. You can carry out a Money Transfer when you log into AYABANK subject to our terms.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>4.2 High Risk Business Account.<\/strong>\u00a0If you are a large corporation (that is, not a consumer, micro-enterprise or a charity, there three types of High-Risk Business Account in this Agreement will apply differently to you.<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0High Risk Business Account (Standard) Account Limit up to 5M GBP.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0High Risk Business Account (GOLD) Account Limit up to 10M GBP.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0High Risk Business Account (PREMIUM) Account Limit Unlimited.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">The notice period for AYABANK terminating this Agreement may be thirty (90) days, not two (2) months, and we can close your AYABANK Account for any reason regardless of whether that reason is listed in this Agreement.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"5\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Who Can Use Our Services?<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>5.1 Requirement.<\/strong>\u00a0Your Business must be organized or registered in a country or territory that we support in order to use our Services.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>5.2 One AYABANK Account, one profile.<\/strong>\u00a0Your Business may only open one AYABANK Account and one profile unless we explicitly approve the opening of additional accounts. Where duplicate accounts are detected, AYABANK can close or merge these duplicate accounts without notifying you.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>5.3 You must have authority to bind your Business.<\/strong>\u00a0You must confirm that you in fact have authority to bind the Business on whose behalf you use our Services, and the Business accepts the terms of this Agreement. We may ask you at any time to provide proof of such authority. If you do not provide proof of authority that is acceptable to us, we may close or suspend the AYABANK Account or Services held by your Business or deny you access. This may be in favour of others who can provide proof of such authority.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>5.4 Authorized Users.<\/strong>\u00a0You can authorize others to access, use or operate a AYABANK Account or otherwise use our Services on behalf of a Business (but not by or on behalf of an individual) (an \u201c<strong>authorized User<\/strong>\u201d). You acknowledge that if you provide such access to an authorized User, we\u2019ll deal with such authorized User as if they were you for the purposes of this Agreement including any conduct related to a balance held in the AYABANK Account or other instructions, such as withdrawing or sending money. You will be bound by anything done by any Authorized User, even if they do something that is outside the scope of the authority you gave them. You acknowledge that AYABANK will not perform any verification of the authority of your Authorized Users to act on behalf of your Business. You also acknowledge that we may disclose certain information about your profile or AYABANK Account to any Authorized User and that we are not responsible for your Authorized User\u2019s use of that information. Granting permission to any Authorized User does not relieve you of your responsibilities under this Agreement, including notifying us if your AYABANK Account has been compromised or if a transaction is suspected to be incorrect or unauthorized.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>5.5 Disputes with Authorized Users.<\/strong>\u00a0Disputes between you and an Authorized User relating to your AYABANK Account or our Services are a matter between you and the Authorized User. You recognize that AYABANK is not a party to any claim or dispute between you and your Authorized Users.\u00a0<strong>Because you are bound by the actions of Authorized Users, it\u2019s very important that you choose Authorized Users carefully.<\/strong>\u00a0We suggest you regularly reassess who can be an Authorized User and regularly review the activity undertaken by Authorized Users.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"6\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Getting Started<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>6.1 Using our Services.<\/strong>\u00a0To start using our Services, you must create a profile and provide certain information about your Business as prompted by us.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>6.2 Information must be accurate.<\/strong>\u00a0All information you provide to us must be complete, accurate and truthful always. You must update this information whenever it changes. We cannot be responsible for any loss arising out of your failure to do so. We may ask you at any time to confirm the accuracy of your information and\/or provide additional supporting documents.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>6.3 Security and customer due diligence checks.<\/strong>\u00a0We are required by law to conduct certain security and customer due diligence checks on you to provide any Services to you and allow you to have and maintain a AYABANK Account. Sometimes, we might also need to perform checks on other parties involved in a particular transaction (for example, on your recipient).<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>6.4 Information requests.<\/strong>\u00a0You agree to comply with any request from us for further information and provide such information in a format acceptable to us. In addition, you agree that we may make, directly or through any third party, any inquiries we consider necessary to validate the information you provided to us, including checking commercial databases or credit reports. You authorize us to obtain one or more of your credit reports, from time to time, to establish, update, or renew your AYABANK Account with us or in the event of a dispute relating to this Agreement or our Services. You agree we may disclose certain information about your Business and Authorized Users, including relevant individuals\u2019 names, residential addresses, and dates of birth to a credit reporting agency to obtain a credit report for these purposes.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>6.5<\/strong>\u00a0AYABANK reserves the right to close, suspend, or limit access to your AYABANK Account or the Services in the event we are unable to obtain or verify any information related to you or your transaction.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>6.6<\/strong>\u00a0AYABANK may offer additional features to enhance your AYABANK Account from time to time, such as connections to third party accounting software. We may stop offering those at any time without prior notice to you.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"7\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Staying Safe While Using Our Services<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.1<\/strong>\u00a0We recommend you use the Services to send money to trusted and verified businesses and third parties that are known to you or that you have already done business with. You should be cautious when sending money to the recipients you don\u2019t know and have never dealt with before.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.2<\/strong>\u00a0When accessing your AYABANK Account or profile, you should at the minimum do the following:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0Change your password regularly and ensure that it is not reused for other online accounts.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0Never share your login details with anyone else. This includes the membership number, password or other security credentials. If you suspect that your account may be accessed by someone else, contact\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Customer Support<\/a>. We will never ask you for your password.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0Always use strong passwords, for example ones that use a mixture of letters, numbers, and symbols. Here is recommended\u00a0<a href=\"https:\/\/support.google.com\/accounts\/answer\/32040?hl=en\">guidance<\/a>\u00a0you can follow.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0Set up 2-step authentication, if applicable.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0Keep your email account secure. You may reset your password using your email address. Let\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Customer Support<\/a>\u00a0know immediately if your email account becomes compromised.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(f)<\/strong>\u00a0Regularly update the App on your device to the latest version available.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(g)<\/strong>\u00a0Regularly update your device\u2019s browser to the latest version available.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(h)<\/strong>\u00a0Maintain your device\u2019s operating systems with regular security updates provided by the operating system provider.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(i)<\/strong>\u00a0Install and maintain the latest anti-virus software on your device, where applicable.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(j)<\/strong>\u00a0It is essential to ensure every time you are entering your AYABANK username and password that it is only ever on our official App (downloaded from the iOS or Android store) or if via a browser, at\u00a0<a href=\"https:\/\/ayabank.us\/it\/\">https:\/\/ayabank.us<\/a>. Emails and SMS messages sent by fraudsters may lead to fake login portals that could phish your login information and 2-step authentication details. Similarly, criminals can place malicious adverts on search engines that lead to fake websites of trusted businesses, including AYABANK.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(k)<\/strong>\u00a0If you suspect you have become a victim of a scam, contact our\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Customer Support<\/a>.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.3<\/strong>\u00a0You must NOT:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0Disclose your login credentials or your 2-step authentication details to anyone. You must keep them safe.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0Let anyone access your AYABANK Account or profile, or watch you accessing it, including letting someone else take remote control of your device(s).<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0Use any functionality that allows your login details or passwords to be stored by the computer or browser you are using or to be cached or otherwise recorded.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0Do anything which may in any way avoid or compromise the 2-step authentication process.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.4 Contact us if you suspect your AYABANK Account or profile has been compromised.<\/strong>\u00a0If you suspect your AYABANK Account, profile or other login credentials are stolen, lost, used without your authorization, or otherwise compromised, you must contact\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Customer Support<\/a>\u00a0immediately. We recommend that you contact Customer Support right away. You can also freeze your Card with immediate effect on our App under the Account tab. You are also advised to change your password.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.5<\/strong>\u00a0Any delays in notifying us of a compromised account, may affect the security of your account and result in losses that you would be responsible for. You must provide us with any reasonable assistance we require from you to investigate and take any action required to secure your account.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.6<\/strong>\u00a0Extra Services you use may have additional security requirements and you must familiarise yourself with those.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.7<\/strong>\u00a0You are responsible for ensuring that your information technology, computer programmes and platform is configured to access our Services. We cannot guarantee that our Services will be free from bugs or viruses.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.8<\/strong>\u00a0<strong>If you have been subject to a scam.<\/strong>\u00a0You may be eligible for reimbursement in the event of an Authorized Push Payment scam (\u201c<strong>APP Scam<\/strong>\u201d). To file a claim for an APP Scam:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0You must be sole trader, micro-enterprise, or a charity (with an annual income of under \u00a31 million);<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0You must have a AYABANK Account that includes a GBP balance;<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0Your payment must have been made from your GBP balance to a GBP bank account in the UK;<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0The GBP payment must have been sent using local payment methods such as Faster Payments Service (FPS) or CHAPS, not via international payments or payments through other systems like SWIFT; and<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0The payment must have been made on or after 7 October 2024.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.9<\/strong>\u00a0Payments that are not eligible for filing a claim for an APP Scam include:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0Payments made using your AYABANK Card;<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0Payments to another account you control;<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0Payments to an account with a credit union, municipal bank, or a national savings bank (state-owned savings banks) in the UK;<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0Payments through crypto exchanges;<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0Payments made for illegal purposes; and<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(f)<\/strong>\u00a0Payments related to civil disputes (e.g., dissatisfaction with goods\/services).<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">All transactions must also comply with our Acceptable Use Policy.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.10<\/strong>\u00a0<strong>Reporting an APP Scam.<\/strong>\u00a0If your payment is eligible as an APP Scam, you should report this to us and the police as soon as possible. This must be done within thirteen (13) months of the transaction. You can report multiple transactions related to the same APP Scam in one claim. We may ask for your permission to report the scam to the police on your behalf. If you do not give permission, it could affect your reimbursement eligibility.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.11<\/strong>\u00a0<strong>Reimbursement Details.<\/strong>\u00a0We will only reimburse eligible transactions from your claim. When your claim is closed, we will inform you of the transactions we can reimburse and any that are ineligible. The maximum amount we can reimburse you for an APP Scam claim is up to the value and excess as set and published by the Payment Systems Regulator from time to time.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>7.12<\/strong>\u00a0Your APP Scam claim may be rejected for the following reasons:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0The transaction does not meet eligibility criteria.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0You did not report the APP Scam within thirteen (13) months of the transaction.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0You acted with gross negligence, provided false information or participated in the APP Scam.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">If your APP Scam claim is rejected, we will explain the reasons in an email after closing your claim except where AYABANK may be prohibited by Applicable Law from providing an explanation.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"8\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Limits on How You Can Use Our Services<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>8.1 An account for you. <\/strong>You may only use our Services for personal purposes and not as a business account or for business purposes. If you require a product or Service dedicated to business activities, you can open a Business Account with\u00a0AYABANK.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>8.2 You must not misuse our systems.<\/strong>\u00a0You must not misuse our systems by:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0Introducing viruses, trojans, worms, logic bombs or other materials which are malicious or technologically harmful.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0Taking any action that imposes an unreasonable or disproportionately large load on our websites, software, systems (including any networks and servers used to provide any of the Services) operated by us or on our behalf, or attacking our Website, App or API with any type of denial-of-service attack.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0Using an anonymizing proxy; use any robot, spider, other automatic device, or manual process to monitor or copy our websites without our prior written permission; or use any device, software, or routine to bypass our robot exclusion headers.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0Interfering, disrupting, or attempting to interfere or to gain unauthorized access to our Website, software, API, systems (including any networks and servers used to provide any of the AYABANK Services) operated by us or on our behalf, any of the AYABANK Services or other users\u2019 use of any of the AYABANK Services.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>8.3 You must not misuse our Services.<\/strong>\u00a0You must not misuse our Services by:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0Breaching this Agreement, Additional Document, or any other agreement between you and any AYABANK entity.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0Violating any law, statute, ordinance, or regulation (for example, those governing financial services, consumer protections, unfair competition, anti-discrimination, or false advertising).<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0Infringing AYABANK\u2019s Intellectual Property.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0Acting in a manner that is defamatory, libellous, threatening or harassing.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0Providing false, inaccurate, or misleading information.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(f)<\/strong>\u00a0Sending or receiving what we believe to be potentially fraudulently gained funds.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(g)<\/strong>\u00a0Refusing to cooperate in an investigation or provide confirmation of your identity or any information requested by us.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(h)<\/strong>\u00a0Attempting to \u201cdouble dip\u201d during a dispute or claim by receiving or attempting to receive funds from both AYABANK and a third party (e.g., a merchant), bank or card issuer for the same transaction.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(i)<\/strong>\u00a0Using AYABANK\u2019s Services in a manner that results in or may result in:<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">i. complaints to or about AYABANK.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">ii. requests by third parties to invalidate payments made to you.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">iii. fees, fines, penalties or other liability or losses to AYABANK, otherwise customers, third parties or you.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(j)<\/strong>\u00a0Using our Services in a manner that AYABANK, a card network or any other electronic funds transfer network believes to be an abuse of the card system or a violation of card association or network rules.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(k)<\/strong>\u00a0Allowing your AYABANK Account to have a negative balance.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(l)<\/strong>\u00a0Accessing the AYABANK Services from a country that AYABANK is not permitted to operate.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(m)<\/strong>\u00a0Taking any action that may cause us to lose any of the services from our internet service providers, payment processors, or other suppliers or service providers.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(n)<\/strong>\u00a0Circumventing this Agreement or any Additional Document or AYABANK policy or determinations about your AYABANK Account such as temporary or indefinite suspensions or other account holds, limitations or restrictions, including, but not limited to, engaging in the following actions:<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">i. Attempting to open a new or additional AYABANK account(s) or profile(s) when an account has a negative balance or has been restricted, suspended, or otherwise limited.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">ii. Opening new or additional AYABANK Accounts or profiles using information that is not yours (e.g., name, address, email address, etc.), or using someone else\u2019s AYABANK Account.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">iii. Continuing to use or access our Services where your Business is no longer eligible or there&#8217;s been a material change to your Business that affects your verification status with us.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">iv. Harassing, being abusive towards and\/or threatening our employees, agents, or other customers.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\">v. Abusing a card network dispute resolution process.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>8.4 We may suspend your AYABANK Account or your access to our Services.<\/strong>\u00a0We may suspend your profile or AYABANK Account, or restrict its functionality if we have reasonable concerns about:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0the security of your AYABANK Account or your profile.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0suspected unauthorized or fraudulent use of your AYABANK Account or our Services; or<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0suspected violations of this Agreement or the Additional Documents, including our Acceptable Restricted Activities.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>8.5<\/strong>\u00a0We will give you notice of any suspension or restriction and the reasons for such suspension or restriction as soon as we can, either before the suspension or restriction is put in place, or soon after, unless notifying you would be unlawful or compromise our reasonable security measures.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>8.6 The actions we may take if you misuse our Services or systems.<\/strong>\u00a0If we believe that any of the activities listed in this section 8 have been taken by you, we may take several actions to protect AYABANK, its customers and others, at any time and at our sole discretion. The actions we may take include, but are not limited to, the following:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0terminating this Agreement immediately.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0suspending your AYABANK Account or your profile, during which time your AYABANK Account and profile will remain open but is not able to be operated or may be subject to restrictions, or you may not be able to use our Services, until we remove the suspension;<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0closing your AYABANK Account and terminating your access to our Services, which means your AYABANK Account is deactivated and\/or your profile will not be available, without notice, and without penalty to us.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0reporting suspected breach of law, regulation, or criminal statute to the relevant law enforcement authorities, and we will cooperate with those authorities, including by disclosing your identity to them.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0refusing to provide our Services to you or your businesses or affiliates in the future.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(f)<\/strong>\u00a0limiting your access to our Website, App, software, systems (including any networks and servers used to provide any of the AYABANK Services) operated by us or on our behalf, your AYABANK Account or any of the Services, including limiting your ability to pay, convert or send money with any of the payment methods linked to your AYABANK Account, restricting your ability to send money or make withdrawals.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(g)<\/strong>\u00a0holding the balance in your AYABANK Account if reasonably needed to protect against the risk of liability or if we reasonably believe you have violated our\u00a0<a href=\"https:\/\/ayabank.us\/it\/restricted\/\">Restricted Activities<\/a>.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(h)<\/strong>\u00a0contacting your bank or credit card issuer, other impacted third parties, or law enforcement about your actions.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(i)<\/strong>\u00a0updating inaccurate information, you provided us.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(j)<\/strong>\u00a0taking legal action against you, including seeking damages and reimbursement for losses and fees.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>8.7 Court Orders.<\/strong>\u00a0If we are notified of a court order or other legal process (including garnishment or any equivalent process) affecting you, or if we otherwise believe we are required to do so in order to comply with court order, applicable law or regulatory requirements, we may be required to take certain actions, including holding payments to\/from your AYABANK Account, placing a reserve or limitation on your AYABANK Account, or releasing your funds. We will decide, in our sole discretion, which action is required of us. Unless the court order, applicable law, regulatory requirement, or other legal process requires otherwise, we will attempt to notify you of these actions using the contact information that you have provided to us. We do not have an obligation to contest or appeal any court order or legal process involving you, your AYABANK Account, or your use of our Services. When we implement a hold, reserve, or limitation because of a court order, applicable law, regulatory requirement or other legal process, the hold, reserve, or limitation may remain in place as long as reasonably necessary.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"9\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Closing your AYABANK Account or stopping your use of AYABANK<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>9.1 You may stop using AYABANK and\/or close your AYABANK Account at any time.<\/strong>\u00a0This Agreement continues until your AYABANK Account is terminated. You may close your AYABANK Account and\/or end your ability to use our Services at any time by following the steps provided by us on our Website, App or via an API Partner.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>9.2 If you want to close your AYABANK Account, you should withdraw your funds within a reasonable time.<\/strong>\u00a0You must withdraw your funds before your AYABANK Account closes. At the time of closure, if you still have funds in your AYABANK Account, you will no longer have access to them, but you can still withdraw your money by contacting\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Customer Support<\/a>. You have the right to do this for a period of 6 years from the date your AYABANK Account is closed.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>9.3 Remaining funds may be subject to additional checks.<\/strong>\u00a0After closure or deactivation of your AYABANK Account, you may be subject to additional checks before AYABANK is able to return the funds back to you.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>9.4 When you may not close your AYABANK Account or delete your profile.<\/strong>\u00a0You must not close your AYABANK Account or delete your profile to evade an investigation (either by AYABANK or an enforcement agency) or if you have a pending transaction or an open dispute or claim. If you attempt to do this, we may hold your money for a period that is reasonably necessary to protect our or a third party\u2019s interest.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>9.5<\/strong>\u00a0We may prevent your account from being closed or delete your profile if you have a negative balance or if your AYABANK Account is subject to a hold, limitation, or reserve.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>9.6 You are responsible for your AYABANK Account after closure.<\/strong>\u00a0You agree that you will continue to be responsible for all obligations related to your AYABANK Account and your use of our Services, even after it is closed, or you have stopped using our Services. For example, if you have a negative balance with AYABANK, you will remain responsible for paying us even after your AYABANK Account is closed and\/or you have deleted your profile.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>9.7 We may end this Agreement by giving you two (2) months\u2019 notice.<\/strong>\u00a0We may terminate this Agreement and close your AYABANK Account or any Services associated with it by giving you two (2) months\u2019 prior notice, where required.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>9.8 You cannot use the App if this Agreement ends.<\/strong>\u00a0On termination for any reason all rights granted to you in connection with the App shall cease, you must immediately delete or remove the App from your devices.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"10\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>How much will you pay?<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>10.1<\/strong> Registering for AYABANK and\/or opening a personal AYABANK Account is based on our personal account type\u00a0 as showing on our <a href=\"https:\/\/ayabank.us\/it\/fees\/\">Pricing &amp; Fees<\/a>. You may incur a fee when you use parts of our Services such as sending money, converting currencies, getting a card, or receiving wire payments..<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>10.2 You must pay our fees.<\/strong>\u00a0We may not process your transaction(s) or provide any other Services to you until we have received the fees from you. Our fees do not include any fees that an API Partner, your bank, the recipient\u2019s bank or other third party may separately charge.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>10.3 You can see our fee structure on the Pricing page.<\/strong>\u00a0The fees set out in our\u00a0<a href=\"https:\/\/ayabank.us\/it\/fees\/\">Pricing &amp; Fees<\/a>\u00a0will be applicable to you when you use our Services and forms part of this Agreement. We may charge you a variable fee during periods of potential heightened volatility or unpredictability in the foreign exchange market, as determined by AYABANK. We will let you know if this fee is applicable when you set up your order. It is important that you read and agree to these fees before you use our Services. We may make changes to our fees as set out in \u201c<strong>Our right to make changes<\/strong>\u201d.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>10.4 We can make deductions for amounts you owe us.<\/strong>\u00a0You agree that we are Authorized to deduct our fees, any applicable Reversal amounts, or any amounts you owe us from your AYABANK Account, including negative AYABANK Account balances and funds held in a Jar. If you don\u2019t have sufficient funds in your AYABANK Account to cover these amounts, we may refuse to execute pending or future transactions or provide any Services to you and may deduct funds sent to us for Services in the future.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>10.5 Taxes.<\/strong>\u00a0You are responsible for any taxes which may be due by you because of your use of our Services, and it is your responsibility to collect, report and pay the correct tax to the appropriate tax authority. We apply 20% tax for all our invoices and monthly fees.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>10.6 API Partner fees.<\/strong>\u00a0An API Partner may charge a fee for the convenience of using our Services via the API Partner. This fee is set by the API Partner and is separate to any fees charged by AYABANK for your transaction(s). AYABANK may collect this fee on behalf of an API Partner.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>CONVERTING CURRENCY<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"11\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Currency Conversion<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>11.1<\/strong>\u00a0Our Services include the ability to convert currencies, for example:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0As part of a Money Transfer.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0In your AYABANK Account, when you add money in one currency and then later use those funds to send money to a third party, spend money on your Card or withdraw money in a different currency.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0In your AYABANK Account, when you hold a balance in one currency and then convert it to a different currency.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>11.2 Exchange rate.<\/strong>\u00a0When we refer to an exchange rate in this Agreement, it means the exchange rate at the relevant time for the relevant currency pair (for example, GBP to EUR, USD to AUD) that is offered by AYABANK, which is typically provided by a reference rate provider and usually the mid-market exchange rate. We may change our reference rate provider from time to time without notice to you.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>11.3<\/strong>\u00a0For some currencies, we do not use the mid-market exchange rate, including where we are required by law to use a different reference rate for the exchange rate for your currency pair. For these currencies we will notify you of the exchange rate offered by AYABANK when you initiate a current conversion.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>11.4<\/strong>\u00a0We may not process your currency conversion order until we hold or have received the funds and specified fees. It is your responsibility to ensure money that you fund a currency conversion order (whether through your AYABANK Account, as part of a Money Transfer or any other Service we provide) in a timely manner. We cannot be responsible for the time it takes for the money to be sent to us by your bank or payment service provider.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>11.5 Refusing a currency conversion order.<\/strong>\u00a0We reserve the right to refuse any currency conversion order if the conditions set out in this Agreement have not been met. Reasons for refusal may include but are not limited to incorrect information about a recipient, insufficient available funds, or where we believe you may have violated this Agreement, including where we believe you are or may be attempting to engage in currency trading or other trading for purposes not permitted by this Agreement. We will endeavour to notify you of any refusal, using the contact information that you have provided to us, stating (where possible) the reasons for such refusal, and explaining how to correct any errors. However, we will not notify you if such notification may be unlawful.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>11.6 Confirmation of currency conversion order.<\/strong>\u00a0Each currency conversion order is given a unique transaction number which is shown in the order confirmation and transaction history. You should quote this transaction number when communicating with us about a particular currency conversion order.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>YOUR AYABANK ACCOUNT<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"12\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Information about your AYABANK Account<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.1 About your AYABANK Account:<\/strong><\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0Your AYABANK Account allows your Business to hold, spend, send, and receive funds and convert currency.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0The funds held on your AYABANK Account do not expire and are issued in accordance with the regulator.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0The funds held on your AYABANK Account may not earn any interest or return.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0You may hold your funds in any currencies that we support from time to time.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0You may withdraw funds from your AYABANK Account at any time subject to certain conditions, please see section \u2018withdrawing funds from your AYABANK Account\u2019 for more details.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(f)<\/strong>\u00a0The funds held on your AYABANK Account belong to your Business as the registered AYABANK Account holder.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(g)<\/strong>\u00a0You may not place a charge or other form of security over your AYABANK Account.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(h)<\/strong>\u00a0We may place certain limits on your AYABANK Account depending on your Business type, country domicile, verification status or other legal considerations. You can contact our\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Customer Support<\/a>\u00a0team for more information about these limits.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(i)<\/strong>\u00a0We may at our sole and absolute discretion reject a requested transaction, or refund a payment or other transaction, for any reason whatsoever, including without limitation, where the value of your AYABANK Account could directly or indirectly exceed any value permitted under the applicable laws and regulations or any other regulatory or risk limit prescribed for that AYABANK Account.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.2 AYABANK is not a commercial Bank, and your AYABANK Account is not a bank account, your AYABANK Account it\u2019s issued by third party Financial Institutions.<\/strong>\u00a0The funds held with AYABANK, including balances in your AYABANK Account, are not insured by any deposit protection scheme, including the Financial Services Compensation Scheme (<strong>FSCS<\/strong>). AYABANK holds your funds in permissible investments in accordance with applicable laws. AYABANK owns the interest or other earnings on these investments, if any.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.3 Account Details.<\/strong>\u00a0When AYABANK provides you with Account Details (as described further below), these Account Details are a means to receive funds from third parties into a bank account held by AYABANK and its affiliates. AYABANK can credit your AYABANK Account when you use these Account Details, and they are not a bank account number for a bank account held by you.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.4 How we protect your money.<\/strong>\u00a0As AYABANK is not a commercial Bank, we use safeguarding to protect your money. This is done in accordance with the regulations 17 of the PSR. AYABANK keeps your money in the name of AYABANK in established financial institutions. Your money is deposited in Great British Pounds (GBP) into dedicated and segregated accounts held by us with our safeguarding institutions. We may change our safeguarding institutions from time to time, without notice to you. You can find out more about how we safeguard your money in the\u00a0<a href=\"https:\/\/ayabank.us\/it\/safeguard\/\">Safeguard Help Centre<\/a>.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.5 Adding money to your AYABANK Account.<\/strong>\u00a0To add funds to your AYABANK Account, you need to log in to your AYABANK Account and follow the steps. You may be presented with one or more methods of adding funds to your AYABANK Account. For example, you may be able to use a bank transfer, authorise AYABANK to debit the money from your bank or payment account with a third party, or use a credit card or debit card (in this Agreement, we will call these methods \u201c<strong>Pay-in Methods<\/strong>\u201d). Any Pay-In Method that you use to add money to your AYABANK Account must be in your name.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.6 Funding your Money Transfer and AYABANK Account with Direct Debit.<\/strong>\u00a0If you choose to pay for a Money Transfer or to add funds to your AYABANK Account by using the Direct Debit feature (including BACs), you will need to provide your bank login details or bank account details to us, including your bank account number and routing number. When you choose to pay using Direct Debit and provide your details, you confirm that your details are correct, that you are Authorized to access and transmit funds from your bank account, that your bank account is in good standing with the account-holding financial institution, and that you have the authority to initiate an electronic funds transfer in the amount at issue to or from your bank account.<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0When you choose to pay using Direct Debit, by providing your bank account details and requesting a transaction, you authorise us to initiate electronic credits and debits to your bank account through the scheme network, including any applicable fees and charges, and this authorisation shall remain in effect so long as you are a registered user with our Service unless cancelled in accordance with this Agreement.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0In the event that your Direct Debit payment results in a Reversal, AYABANK will try to take the payment from your bank account again. For example, if there isn\u2019t enough money in your account when we try to take the payment, we may attempt to debit it again.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.7 Pay-in Methods.<\/strong>\u00a0The Pay-in Methods made available to you will depend on a few factors including where you live and your verification status with us. You will see the available Pay-in Method when you choose to add funds to your AYABANK Account. We cannot guarantee the availability of any particular Pay-in Method and we may change or stop offering a Pay-in Method at any time without notice to you.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.8 Adding money with your debit or credit card.<\/strong>\u00a0Where you can use a debit or credit card as your Pay-in Method to add money to your AYABANK Account, you will need to provide your card details to us. This will include your card number and cardholder name. When you choose to add money via debit or credit card, you confirm that your card details are correct, that you are Authorized to access and transmit funds from your card account, that your card account is in good standing with the account provider and that you have the authority to initiate a debit or credit card payment in the amount at issue from your card account. You will need to pay any fees incurred from adding money by using your debit or credit card.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.9 Chargebacks on your Pay-in Method.<\/strong>\u00a0If you select a Pay-in Method which can be subject to chargeback (for example a credit card), you agree that you will only exercise this chargeback right if:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0We have breached this Agreement; or<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0There was an unauthorized use of your Pay-in Method, meaning that you did not execute or authorise the payment. You agree that you will not exercise your chargeback right for any other reason. If we need to investigate or take any actions in connection with a chargeback caused by or related to you, we may charge you up to GBP 15 as an administrative fee and we may deduct this amount from your AYABANK Account, limit your access to our Services until the investigation is complete. In serious circumstances, including where there are unusually high or frequent amounts of chargebacks, we may close your AYABANK Account.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.10 Restrictions on adding Money.<\/strong>\u00a0We only offer the Pay-In Methods you see when you access our Services. Other methods, such as a paper or e-cheque, and cash will not be accepted. For legal, security, or other reasons, there may be financial limits on your chosen Pay-in Methods or currencies, including how much you can add to your AYABANK Account. We will let you know at the time of adding money if there is a limit.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.11 Receiving money to your AYABANK Account.<\/strong>\u00a0Where available, and in certain currencies, you may request to receive money from a third party (&#8220;<strong>Request Money<\/strong>&#8220;) or we may provide you with local account details that you or a third party can use to send money directly to your AYABANK Account (\u201c<strong>Account Details<\/strong>\u201d). The Account Details that we provide to you are only a means to receive funds from third parties into a bank account held by AYABANK and its affiliates, so that AYABANK can credit your AYABANK Account that is held at the AYABANK entity described in the beginning of this Agreement (regardless of currency) and are not a bank account number for a bank account held by you.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.12<\/strong>\u00a0We may carry out verification checks when you request Account Details in addition to the checks required to obtain a AYABANK Account, and we may carry out further checks on an ad-hoc basis. From time to time your Account Details may change. When this occurs, we will notify you, and you are responsible for updating third parties and other arrangements you may have to receive funds using your Account Details. AYABANK is not responsible for issues that arise when Account Details are changed, and it is your responsibility to notify third parties that your Account Details have changed.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.13 Using Request Money to receive money.<\/strong>\u00a0You can use the Request Money feature of your AYABANK Account when requesting a payment from a third party. The Request Money feature allows a third party to send you money via a number of available methods including Card, their AYABANK Account, bank transfer and open banking. When using open banking, your AYABANK account details and requested amount are pre-populated for the third party. AYABANK is not responsible for issues that arise when changes are made by the third-party to the pre-populated details including the requested amount.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.14 When money received is shown in your AYABANK Account.<\/strong>\u00a0Any money you receive into your AYABANK Account will be converted into electronic money and recorded in your transaction history. You should check and confirm the receipt of incoming funds in your AYABANK Account regularly and let us know if there are any irregularities or discrepancies.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.15 When we will credit your AYABANK Account.<\/strong>\u00a0We are not responsible for the funds you have added until we have received them. For clarity, when you add funds to your AYABANK Account, we are the recipient of those funds. This means the bank or payment service provider you used to send the funds to us is the one responsible for making sure we receive them so that we can credit them to your AYABANK Account.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>12.16<\/strong>\u00a0We will credit your AYABANK Account once we have received your funds. For some Pay-in Methods such as a credit or debit card, we may credit the funds before we receive the funds subject to our right of Reversal. This means if we credit your AYABANK Account for the full amount you intended to add but this amount does not reach us, we will deduct that amount from your AYABANK Account. If you have already spent the funds, this could make your AYABANK Account have a negative balance (see \u201c<strong>What happens if you owe us money<\/strong>\u201d).<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"13\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Withdrawing funds from your AYABANK Account<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>13.1 You can request to withdraw your funds.<\/strong>\u00a0You may withdraw all or some of the balance in your AYABANK Account. We may charge you a fee for each withdrawal request, we will let you know the exact amount when you submit your request. You can also find out more information about the fees we charge on the\u00a0<a href=\"https:\/\/ayabank.us\/it\/fees\/\">Pricing &amp; Fees<\/a>.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>13.2 Pay-out Methods available to you.<\/strong>\u00a0You may be presented with one or more methods of withdrawal (in this Agreement, we will call these methods &#8220;<strong>Pay-out Methods<\/strong>&#8220;). The number of Pay-out Methods made available to you will depend on a few factors including where you live and your verification status with us. We cannot guarantee the use of any Pay-out Method and may change or stop offering a Pay-out Method at any time without notice to you.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>13.3 You must provide correct information to us.<\/strong>\u00a0When setting up your withdrawal request, you must ensure that the information you provide is correct and complete. We will not be responsible for money sent to the wrong recipient because of incorrect information provided by you.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>13.4 What happens if you provide incorrect recipient information.<\/strong>\u00a0If you have provided incorrect information to us, we may, but are not required to, assist you in recovering your funds. We cannot guarantee that such efforts will be successful as they rely on the policies and practices of other banks and institutions. In addition, AYABANK may not be able to confirm that your recipient\u2019s name and account number match, as the names and other information associated with third party accounts may not be known to AYABANK. This means that if you provide an incorrect account number, your funds will most likely go to the wrong account.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>13.5 Your withdrawal request is subject to limits.<\/strong>\u00a0You agree that your AYABANK Account is subject to withdrawal limits. If your withdrawal request exceeds the current limit, we may decline your request or we may require you to provide additional documents to us so that we can carry out additional checks before allowing the money to be withdrawn.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>13.6 Delay in withdrawal.<\/strong>\u00a0We may delay a withdrawal in certain situations, including if we need to confirm that the withdrawal has been Authorized, to complete verification checks, or if other payments to your AYABANK Account have been reversed (for example, because of a chargeback or Reversal). We cannot be held responsible for any such delays, provided that we have acted reasonably in delaying a withdrawal.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>13.7 Finality.<\/strong>\u00a0Pay-outs, currency conversions and Card or other transactions executed by us are final and irrevocable once you request them, unless otherwise provided in this Agreement or pursuant to applicable law.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"14\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Reversals and Chargebacks<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>14.1 Funds added or received to your AYABANK Account may be subject to Reversal or chargeback.<\/strong>\u00a0Funds added to your AYABANK Account or received amounts to fund your Money Transfers could be Reversed or subject to a chargeback, which means that you will not get those funds credited to your AYABANK Account or to your Money Transfer. A Reversal or chargeback may occur where the funds added to your AYABANK Account or to your Money Transfer are Reversed by AYABANK or Reversed to or subject to a chargeback by the person paying you the money or the payment provider.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>14.2 When a Reversal or chargeback may happen.<\/strong>\u00a0You may be liable for and\/or have funds reversed or be subject to a chargeback when, without limitation, we have reason to believe:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0AYABANK, or any other party, sent the amount received to you in error.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0The amount received was unauthorized or fraudulently undertaken or induced.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0The amount received was received for activities that appear to have violated a law, this Agreement, the Acceptable Use Policy, or any other agreement between you and AYABANK.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0The amount received is, for any reason, Reversed by the sender or a payment provider.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0Any other error that may result in your AYABANK Account being credited in circumstances where you are not the lawful recipient and\/or lawfully entitled to retain the amount received.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>14.3<\/strong>\u00a0If any funds are Reversed by the sender or any payment provider, you agree that AYABANK may refund, deduct, or reverse the amount of the funds plus any fees from your AYABANK Account (if applicable) in the same currency as the original transaction. If your AYABANK Account balance for the relevant currency is insufficient to cover the amount of a refund or Reversal, AYABANK may at its discretion perform a currency conversion to refund or reverse the transaction, subject to the exchange rate being offered by AYABANK in the applicable currencies at that time. If a Reversal or chargeback causes you to have a negative balance, you will be immediately liable to AYABANK for the negative balance plus any losses to AYABANK, if any.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>14.4 Chargeback Fees.<\/strong>\u00a0If you receive a debit or credit card-funded payment into your AYABANK Account and you (or a third party) pursue a chargeback for the transaction with the card issuer, then AYABANK may apply a fee in accordance with our Pricing Page, for facilitating the chargeback process and will remove the chargeback funds from your AYABANK Account, including funds held in a Jar.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"15\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Maintaining your AYABANK Account<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>15.1 Transaction history is displayed on your AYABANK Account.<\/strong>\u00a0All your transactions (including your current balance, funds you have added, received, sent and\/or withdrawn), related fees and exchange rates, if applicable, are recorded in the statement section of your AYABANK Account.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>15.2 Statements.<\/strong>\u00a0You have the right to request a physical account statement showing your AYABANK Account activity by contacting\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Customer Support<\/a>. You may view your AYABANK Account statement by logging into your AYABANK Account. You may be able to view your AYABANK Account in a way that some of your transactions are hidden. This is to allow you to isolate transactions from recipients to determine your spending with those recipients. You will need to readjust your viewing preferences if you have used this feature to default to see all transactions.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>15.3 Check your AYABANK Account regularly.<\/strong>\u00a0You must check your AYABANK Account regularly and carefully and contact our\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Customer Support<\/a>\u00a0team immediately if you don\u2019t recognise a transaction or think we have made a payment incorrectly. You must tell us about any unauthorized or incorrectly executed transactions immediately and no later than thirteen (13) months after the transaction date from when you become aware of the unauthorized transaction.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>15.4 You accept the risks of holding funds in multiple currencies.<\/strong>\u00a0You agree and accept all the risks associated with maintaining an account that can hold balances in multiple currencies including any risks associated with fluctuations in the relevant exchange rates over time.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>15.5 Auto Conversion.<\/strong>\u00a0For certain currencies, you may be able to set one or more conversion orders to be automatically executed once the exchange rate you pick is offered by our Services (an \u201c<strong>auto conversion order<\/strong>\u201d). There may be limits to the number of auto conversion orders you are able to set up, as well as the amounts of money you can schedule to convert. AYABANK does not guarantee that it will be able to execute your auto conversion order in all circumstances.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>15.6 We are not a currency trading platform.<\/strong>\u00a0AYABANK is not a currency trading platform. You agree that you will not use your AYABANK Account for seeking to profit from currency conversion or foreign exchange trading or other types of speculative trading, or for speculative trading purposes, conversion arbitrage, conversion options or any other activity that AYABANK determines is primarily for the purpose of gaining or making gains based on currency conversion rates.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>15.7<\/strong>\u00a0Accordingly, you should not use our Services, including the AYABANK Account or the auto conversion order function for this purpose, including creating multiple auto conversion orders or a series of Money Transfers without the intention of completing them. If we detect that you are using our Services for this purpose, we may, at our sole discretion, set a limit on the number of auto conversion orders you may create, cancel your orders, set a limit on the amount of money you can convert or transfer in one or more currencies or in the same currency, restrict your ability to access certain features or use our Services, or suspend or close your AYABANK Account. AYABANK may also hold, cancel, or reverse any transaction we determine to violate this policy and disgorge your gains.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>15.8 Negative Balances.<\/strong>\u00a0You promise to always have a zero or positive balance in your AYABANK Account and to repay AYABANK if your AYABANK Account balance is negative, including because of a chargeback, Reversal, deduction of fees, any other error, or any other action. That negative amount represents an amount you owe to AYABANK, and you must repay the negative amount immediately without any notice from us. We may send you reminders or take other actions to recover the negative amount from you, for example, we may use a debt collection service or take further legal actions. We may charge you for any costs we may incur as a result of these collection efforts. There are for any outstanding balance, late payments, monthly fees or any other negative balance daily penalty 5%. We always required minimum balance deposit funds available in your account to recovery any negative balance. For more information, see \u201c<strong>What Happens if you owe us money<\/strong>\u201d.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"16\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Jars<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>16.1 What is a Jar?<\/strong>\u00a0A \u201cJar\u201d is a sub account within the AYABANK Account that can be used to segregate a portion of your funds. You may use jars to keep funds for a designated purpose in the future, such as paying invoices or to assist with your budgeting. You can only put funds into your Jar by transferring money from your AYABANK Account. You cannot use the funds directly from a Jar to make payments. To use the funds held in a Jar you must transfer the funds out of the Jar back into your AYABANK Account balance. You should keep enough unrestricted money in your AYABANK Account to cover all anticipated fees. AYABANK is not responsible for fees resulting from unfunded transactions due to funds being in a Jar.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>16.2 Jars are not savings accounts, do not have their own account numbers, and don\u2019t earn interest.<\/strong>\u00a0Money held in your Jars does not earn any interest and is not insured by any deposit protection scheme, including the FSCS.<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"17\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Using or spending funds in your AYABANK Account via Direct Debits<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>17.1 Direct Debit.<\/strong>\u00a0You can set up a Direct Debit to allow someone else (the payee) to take money from your AYABANK Account. This is an agreement between you and a third party, and you may agree to allow such automatic withdrawal on a recurring or sporadic basis. Examples of automatic payments that can be arranged by you, but are not limited to, include those that may be called a \u201cbilling agreement,\u201d &#8220;subscription,&#8221; &#8220;recurring payment,\u201d \u201creference transaction,\u201d &#8220;preauthorized transfer&#8221; or &#8220;preapproved payment.&#8221;<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>17.2 Direct Debit Refunds.<\/strong>\u00a0Direct Debits must be cancelled at least one (1) business day before they are due; otherwise, the Direct Debit might still go through. Direct Debits are collected from your AYABANK Account based on consent you have given in the past. Businesses are expected to tell you the amount of any merchant-initiated payment before they collect it. However, if you think a Direct Debit has been taken from your AYABANK Account in error, you can ask us to refund it within eight (8) weeks of it being paid. To request a refund, contact us and we will let you know if your refund is successful within ten (10) business days.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>17.3<\/strong>\u00a0Once your Direct Debit is cancelled on your AYABANK Account, all future automatic payments under your agreement with that third party will be stopped. If you cancel a Direct Debit, you may still owe a third party for any goods or services that you receive but have not paid for.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>17.4<\/strong>\u00a0If you have given advance authorisation, either to a third party or to AYABANK, that permits the third party to take or receive payments from your AYABANK Account on a recurring basis (for example, every month or otherwise on a routine cycle), and if such payments will vary in amount, you have the right to receive advance notice of the amount and date of the Direct Debit from the third party, typically three (3) days before the Direct Debit is made. If the third party provides the option, you may choose to receive this advance notice only when the amount of your automatic payment will fall outside a range established between you and the third party.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>17.5<\/strong>\u00a0If you have Authorized a Direct Debit and AYABANK performs a currency conversion for an automatic Direct Debit, AYABANK will use the exchange rate offered at the time the transaction is processed.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"18\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Using or spending funds in your AYABANK Account via Cards<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>18.1 Cards.<\/strong>\u00a0Your Card can be used to access and spend the funds in your AYABANK Account, for example, to pay for goods and services online, over the phone, or in person and can be used to withdraw money from ATMs. The Card is not a guarantee card, charge card or credit card. It is not for resale. The Card may be cancelled, repossessed, or revoked at any time without prior notice subject to applicable law.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>18.2 Digital card.<\/strong>\u00a0You may apply for a digital Card as well as a physical Card. Your digital Card will have a different set of card details from your physical Card, but will draw from the funds in your AYABANK Account in the same manner as your physical Card. Your digital Card is activated instantly once those details are provided to you and can be used right away. You can freeze your digital Card at any time and unfreeze it once you are ready to use it again.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>18.3 Cards and FSCS.<\/strong>\u00a0The UK Financial Services Compensation Scheme does not apply as your Card is linked to your AYABANK Account, which is an electronic money account and not a bank account. The Financial Services Compensation Scheme does not apply to your AYABANK Account or Card.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>18.4 Verification.<\/strong>\u00a0We may carry out verification checks when you request a Card in addition to the checks required to obtain a AYABANK Account, and we may carry out further checks on an ad-hoc basis. These checks may increase the time it takes to process your order for a Card. We are not responsible for any delays because of carrying out those checks. If you have paid a fee for your Card but we decide you do not meet our verification requirements, we will cancel your Card and refund the fee you paid for your Card within fourteen (14) days of our decision. We may not refund the fee in certain circumstances.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>18.5 How to activate your Card.<\/strong>\u00a0When you receive your Card, please sign the back of it as soon as you receive it and keep it safe. The Card PIN is a 4-digit code that you may be asked to enter when making a payment using the Card.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>18.6<\/strong>\u00a0You must not make purchases or withdraw funds with your Card that exceed the amount of funds available in your AYABANK Account. If any purchase or withdrawal takes you over your available funds or the card limits indicated by AYABANK the transaction will be declined.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>18.7 Spending limits.<\/strong>\u00a0While we may offer you the ability to set spending limits, we reserve the right to add, increase, or decrease spending limits on your Card from time to time. This is in our sole discretion without notice to you except as required by law, for security or other reasons.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>18.8 Other limits.<\/strong>\u00a0We may, at our reasonable discretion, decline the use of your Card for situations including, but not limited to:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0Pre-authorized regular payments.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0Transactions at self-service petrol pumps.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0Transactions for cash (other than ATM withdrawal) including for example cash back, cash from a bank, money orders, traveller\u2019s cheques, foreign exchange, or bureau de change, or any illegal purposes.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0Where it is not possible for the supplier of the good or service to obtain online authorisation that you have sufficient funds in your AYABANK Account for the transaction. For example: transactions on trains, ships, and some in-flight purchases.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0Where there is suspicion that the Card is being used to exploit vulnerabilities in a merchant\u2019s payment processing or the card payment ecosystem; or<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(f)<\/strong>\u00a0Where we have grounds to believe that you have made false statements to obtain reimbursement for a previous transaction.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>18.9 When can we suspend or cancel your Card.<\/strong>\u00a0Along with closing or suspending your AYABANK Account, we can suspend or cancel your Card, including if (i) the activity on your Card or AYABANK Account appears suspicious, fraudulent or may be associated with criminal activity or activity which is inconsistent with this Agreement; (ii) there is suspicious or fraudulent activity associated with a personal AYABANK Account which is affiliated with your AYABANK Account; or (iii) we believe your AYABANK Business and\/or an affiliated personal AYABANK account may be associated with criminal activity or activity which is contrary to this Agreement. Unusual or multiple purchases may prompt a merchant inquiry or Card suspension to allow us to investigate such activity.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>18.10<\/strong>\u00a0We reserve the right, in our sole discretion, to limit your use of the Card. We may refuse to issue or replace a Card or may revoke Card privileges, other than as required by applicable law. You agree not to use or allow others to use an expired, revoked, cancelled, suspended or otherwise invalid Card. We will not incur liability to you because of the unavailability of the funds that may be associated with your Card or AYABANK Account.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>18.11 Replacement of card.<\/strong>\u00a0If you need to replace your Card for any reason, please follow the instructions on our Website or App or contact Customer Support. We will charge a fee for the replacement Card.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"19\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Card transactions<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.1 You authorise every transaction.<\/strong>\u00a0You agree that any use by you of your Card, card number or PIN constitutes your authorisation and consent to the transaction.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.2 Employee cards are business cards.<\/strong>\u00a0Where there are multiple cardholders within the same AYABANK Account, including Authorized Users, any transaction Authorized by any one of the cardholders is deemed to be effectively Authorized by you.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.3 Card transaction fees.<\/strong>\u00a0You agree to pay the Card transaction fees set forth in the\u00a0<a href=\"https:\/\/ayabank.us\/it\/cards\/\">Cards<\/a>. All the Card transaction fees will be withdrawn from your AYABANK Account and will be assessed if there are funds remaining on your AYABANK Account. If at any time your remaining funds are less than the Card transaction fees being assessed, the funds in your AYABANK Account will be applied to the Card transaction fees resulting in a zero amount on your AYABANK Account, and your Card may be declined. The remainder of the Card transaction fees due will be collected the next time you add funds to your AYABANK Account.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.4 Priority of currencies and currency conversion when you use your Card.<\/strong>\u00a0If you withdraw cash or make a purchase in a currency for which you hold a balance in your AYABANK Account, AYABANK will use that currency for your withdrawal or purchase, and you consent to and authorise AYABANK to convert the currency in place of your Card network.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.5 In a currency that you do not hold in your AYABANK Account.<\/strong>\u00a0If you withdraw cash or make a purchase in a currency for which you do not hold in your AYABANK Account, or if you withdraw cash or make a purchase in a currency in an amount that exceeds the available funds that you hold in that currency, AYABANK may convert funds from another currency that you hold in your AYABANK Account to cover that transaction, and AYABANK currency conversion fees will apply. You cannot set a default or preferred currency to convert from.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.6<\/strong>\u00a0When determining which currency to convert where you have more than one currency in your AYABANK Account, AYABANK will use the currency with the lowest conversion fee for the currency needed to complete the cash withdrawal or purchase made by you. In cases where the conversion from several currencies will have the same conversion fee, we will convert based on the highest conversion rate. For more information on which currencies would be used in the event that you use your Card to withdraw cash or make a purchase in a currency that you do not hold in your AYABANK Account, please check the AYABANK\u00a0<a href=\"https:\/\/ayabank.us\/it\/card-fees\/\">Cards &amp; Fees<\/a>\u00a0or contact\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Customer Support<\/a>.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.7 In a currency that is not supported by AYABANK.<\/strong>\u00a0If you withdraw cash or make a purchase in a foreign currency that is not supported by AYABANK, the rate charged by the VISA\/MASTERCARD\u00ae network shall apply.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.8<\/strong>\u00a0Please note that if you are offered the option at a point of sale (POS) terminal to pay in local currency or to pay in your home or another currency, you must pick the local currency if you want the AYABANK rate to apply to your transaction.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.9 Returns and Refunds.<\/strong>\u00a0If you are entitled to a refund for any reason for goods or services obtained with your Card, you agree to accept credits to your AYABANK Account for such refunds and agree to the refund policy of that merchant. Merchant refunds will be provided to AYABANK for crediting to your AYABANK Account when they are received. AYABANK has no control over when a merchant sends a refund transaction; there may be a delay between the date of the refund transaction and the date the refund amount is credited into your AYABANK Account and refunds from merchants may be in an amount the same or less than the amount of the corresponding debit.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.10 Refunds in different currencies.<\/strong>\u00a0If you receive a refund on a Card payment in a currency for which you have a balance, we will credit said balance. If you receive a refund in a currency that you do not hold a balance or if you receive a refund in a currency we do not support, we will credit your AYABANK Account in the card&#8217;s default currency, which may require us to convert the currency.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px;\"><strong style=\"font-family: helvetica; background-color: var(--global--color-background);\">19.11 Unjust enrichment.<\/strong><span style=\"font-family: helvetica; background-color: var(--global--color-background);\">\u00a0In case you notice a refund has been received twice for the same transaction, for example in both your AYABANK Account and from a merchant, you are required immediately to let us know, and we always reserve the right to debit back a previously issued refund when a refund for the same transaction has been provided by the merchant as well, without prior notice.<\/span><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.12 No Warranty Regarding Goods or Services as Applicable.<\/strong>\u00a0AYABANK is not responsible for the quality, safety, legality, or any other aspect of any goods or services you purchase with your Card. Any disputes or issues with any goods or services you purchase with your Card should be addressed to the merchants or individuals from whom the goods and services were purchased.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>19.13 Disputed transactions.<\/strong>\u00a0In case of disputed Card transactions, we may, subject to any restrictions under applicable law, decide not to proceed with Chargebacks at our sole discretion. Reasons for this might include:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0Not receiving sufficient information to determine that an error occurred.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0Not receiving a notification about the payment error in a timely manner.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0Disputes being caused by the risky nature of transactions undertaken with the Card.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0We have evidence that you or someone you gave your Card to, Authorized the transactions in dispute.<\/span><\/li><\/ul><ol style=\"color: #66676d; text-align: justify;\" start=\"20\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>When your Card expires<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>20.1 Your Card has an expiry date.<\/strong>\u00a0You can only use your Card up until the expiry date which will be shown on the back of your Card and\/or in the App.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>20.2 We\u2019ll aim to notify you two (2) months before your current Card will expire.<\/strong>\u00a0You then may order a new Card by following the instructions on our Website or App. A replacement Card fee may apply.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>20.3<\/strong>\u00a0If you do not want your Card to be renewed, you can simply let it expire without ordering a replacement. Your Card will be deactivated, and you will not be able to use it after its expiry. You should destroy your expired Card.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"21\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Keep your Card safe<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>21.1 Keep your Card safe.<\/strong>\u00a0Other than an Authorized User, never let another person or third party use your Card and keep it safe. Memorise your PIN and never disclose this and other security information to anyone. Sharing these details can lead to unauthorized access to your AYABANK Account and you will be solely responsible for transaction(s) made in this situation. AYABANK will not be liable for any loss arising due to any such unauthorized transaction(s).<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>21.2 Report any suspicious incidents.<\/strong>\u00a0If your Card is lost or stolen, you suspect that someone else knows your PIN, or if you think your Card, card number or PIN may be misused, you agree that you must stop using the Card, and immediately freeze or replace the Card. If this happens, we recommend that you both call and email Customer Support right away. You can also freeze your Card with immediate effect on our App under the Account tab. If you find the Card after you have reported it lost, stolen, or misused, you must destroy it and tell us as soon as you find it.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>21.3 Disclosure of information to law enforcement authorities.<\/strong>\u00a0If your Card is used without your permission, or is lost, stolen or if you suspect the Card may be misused, we may disclose to law enforcement agencies any information which we reasonably believe may be relevant.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"22\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Card cancellation rights<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>22.1 Cancelling your Card.<\/strong>\u00a0You may cancel your Card at any time with no charge by logging into your AYABANK Account or through the App.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>22.2 We have the right to cancel your Card.<\/strong>\u00a0Note that subject to any restrictions under applicable law, we reserve the right to cancel or suspend your Card at any time for any reason. Use of your Card is subject to all applicable rules and customs of any clearinghouse or other association involved in transactions.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>MONEY TRANSFERS<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"23\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Sending money<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>23.1 Information you need to provide to set up a Money Transfer.<\/strong>\u00a0To set up a Money Transfer, you will need to provide certain information to us, including, but not limited to, the full name of your recipient, your recipient\u2019s bank account details (e.g. sort code and account number for UK accounts or the International Bank Account Number (IBAN) for payments made to non-UK accounts) or their AYABANK Account information and the amount and currency that you are sending.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>23.2<\/strong>\u00a0You will need to sign into your AYABANK Account using all relevant passwords and prompts to carry out a Money Transfer transaction. We will view your use of all relevant passwords and prompts as the giving of your consent to us to make a Money Transfer.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>23.3 Payment order limits.<\/strong>\u00a0We may place limits on the amount you may send per Money Transfer. You can see more information in the Help Centre. Remember. When you use our Money Transfer services you might be doing business with another AYABANK entity depending on the currency you are sending. You will be subject to that entity\u2019s customer agreement for that Money Transfer.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"24\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Paying for Your Money Transfer<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>24.1 How to pay for your Money Transfer.<\/strong>\u00a0To pay for your Money Transfer, you need to access your AYABANK Account or profile, by logging in on our Website or App or via an API Partner, and follow the steps provided.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>24.2 Payment methods.<\/strong>\u00a0You may be presented with one or more methods of paying for a Money Transfer (for example, a bank transfer, a credit or debit card or a AYABANK Account balance). The number of payment methods made available to you will depend on a few factors including where you live and your verification status with us. We cannot guarantee the availability of a particular payment method and we may change or stop offering a payment method at any time without notice to you.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>24.3 Payment instruments must be in your name.<\/strong>\u00a0Any payment instrument (for example, the credit card or debit card or bank account from which you make a transfer) you use to pay for a Money Transfer must be in your name.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>24.4 Paying with your debit or credit card.<\/strong>\u00a0Where you can pay for a Money Transfer using your debit or credit card, you will need to provide your card details to us, including your card number and cardholder name. When you choose to pay with a debit or credit card, you confirm that your card details are correct, that you are Authorized to access and transmit funds from your card account, that your card account is in good standing with the account-holding financial institution, and that you have the authority to initiate a debit or credit card payment in the amount at issue to or from your card account. You authorise us to initiate credits and debits to your bank account through card payment networks to process your transaction, including any applicable fees and charges, and this authorisation shall remain in effect so long as you are able to use our Services, unless cancelled in accordance with this Agreement.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>24.5 You need to provide us with sufficient funds, after you set up your Money Transfer, before we can process it.<\/strong>\u00a0We are not responsible for the funds you have sent us until we have actually received them. We may only process your Money Transfer if we hold or have received sufficient cleared funds in accordance with this Agreement and the instructions provided. If you send us funds before finalising a Money Transfer order, those funds will either be placed into your AYABANK Account, or, if you do not have one, we will attempt to return them to you. It is your responsibility to fund your Money Transfer in a timely manner. We cannot be responsible for the time it takes for the money to be sent to us by your or a third party\u2019s bank or payment service provider.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"25\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Processing your Money Transfer<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.1 When we will complete your Money Transfer.<\/strong>\u00a0We will complete your Money Transfer once we have received your funds. For some payment methods such as a credit or debit card, we may send your Money Transfer as soon as possible.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.2 Guaranteed rates.<\/strong>\u00a0We may provide you with a guaranteed foreign exchange rate for a period. We will notify you of the guaranteed rate and the period during which we are offering that rate (the \u201c<strong>Guaranteed Period<\/strong>\u201d) when you create your Money Transfer.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.3<\/strong>\u00a0Guaranteed Periods are subject to the following conditions:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0The Guaranteed Period may be extended if your Money Transfer is created over the weekend or on a public holiday.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0We must receive sufficient funds from you during the Guaranteed Period to convert your funds at the guaranteed rate. You will see when we have received your funds in your AYABANK Account or profile. AYABANK is not responsible for the failure of a third party to send your funds to us in a timely manner.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0If we receive your funds after the Guaranteed Period, we will not be able to convert your money using the guaranteed rate and your transfer will become a non-guaranteed rate transfer. Accordingly, we may convert your money at the applicable exchange rate at the time we receive your money, or we may email you and ask you if you want to proceed with your transfer at the new exchange rate.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0If the AYABANK exchange rate changes by 5% or more during the Guaranteed Period, we can, at our discretion, suspend your transfer for a reasonable period or cancel your transfer and refund the money to you.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0For certain currencies, including where you are paying for a Money Transfer with Japanese Yen (JPY), the guaranteed rate will only be offered after your address has been verified by us.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(f)<\/strong>\u00a0We may change these guaranteed rate conditions or suspend the guaranteed rate feature at any time.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.4 The AYABANK exchange rates.<\/strong>\u00a0We will confirm the available exchange rate (if applicable) for your Money Transfer:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0when you place your Money Transfer, if it is a guaranteed rate Money Transfer; or<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0when we have received your payment, if it is a non-guaranteed rate Money Transfer.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.5 Chargebacks on your payment instrument.<\/strong>\u00a0If you selected a payment method which can be subject to chargeback (for example a credit card), you agree that you will only exercise this chargeback right if:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0we have breached this Agreement; or<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0there was an unauthorized use of your payment instrument, meaning that you did not execute or authorise the payment.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.6<\/strong>\u00a0You agree that you will not exercise your chargeback right for any other reason, including a dispute with a recipient. If we need to investigate or take any actions in connection with a chargeback caused by or related to you, we may charge you for our costs in doing so and may deduct those costs from your AYABANK Account (if you have one) or limit or remove your access to our Services. See\u00a0<strong>What happens if you owe us money<\/strong>.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.7 When we receive your request.<\/strong>\u00a0If your Money Transfer request is received by us after 5pm UK time on a Business Day or on a day that is not a Business Day (e.g., a weekend or bank holiday), your Money Transfer will be deemed received on the following Business Day.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.8 What happens after you have submitted your Money Transfer request.<\/strong>\u00a0Once we have received your Money Transfer request, we will provide you with a unique transaction number which you can find in your AYABANK Account or profile. You should quote this number when communicating with us about a particular Money Transfer or other transaction.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.9 Sending money using an email address.<\/strong>\u00a0If you send money to a person using an email address which is not registered with us, the money will not be credited until the intended recipient has claimed the money by following the steps set out for them in an email that they will receive. Until that process is successfully completed, there is no relationship between us and the intended recipient and the money continues to belong to you. We will refund the money to you if the intended recipient does not claim the money or if they have failed our recipient checks within a reasonable period as determined by us.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.10 Delay in transfer.<\/strong>\u00a0We may delay processing a Money Transfer in certain situations, including if we need to confirm that the transaction has been Authorized by you, because of verification checks or due diligence reviews, or if other payments to your AYABANK Account have been reversed (for example, because of a Chargeback or Reversal). AYABANK is not responsible for such delays, where we have acted reasonably.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.11 Completion time of your Money Transfer.<\/strong>\u00a0The estimated completion time of your Money Transfer will be provided to you when setting up your Money Transfer.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.12 We will use reasonable efforts to ensure funds arrive at your recipient\u2019s account within the timeframe provided.<\/strong>\u00a0We will use reasonable efforts to ensure that the funds arrive in the recipient\u2019s bank account or payment account within the notified timeframe provided to you. We do not have any control over the time it may take for the recipient\u2019s bank or payment provider to credit and make available funds to the recipient.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.13 Refusal of your Money Transfer.<\/strong>\u00a0If we are unable to complete your Money Transfer, we will let you know and, when possible, the reasons for the refusal and an explanation of how to correct any factual errors. However, we are not required to notify you if such notification would be unlawful.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.14 You may cancel your Money Transfer before your funds are converted.<\/strong>\u00a0You may cancel your Money Transfer by following the instructions set out in our\u00a0<a href=\"https:\/\/ayabank.us\/it\/contact\/\">Help Centre<\/a>. You cannot cancel your Money Transfer once your funds have been converted and transfer initiated.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.15 When will I be notified of my scheduled Money transfer?<\/strong>\u00a0If you have scheduled a Money transfer in advance then we will notify you 24 hours before your upcoming Money Transfer, setting out the total fees and the estimated exchange rate for that Money Transfer. By scheduling a Money Transfer, you agree to AYABANK sending the funds using the exchange rate at any time on the scheduled date. If you have opted in to receiving confirmation emails, we will send you a Money Transfer receipt after successfully sending your scheduled Money Transfer.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.16 You must ensure the information you provide to us is correct.<\/strong>\u00a0You must make sure that the information you provide when setting up a Money Transfer is accurate. If we have processed your order in accordance with the information you have provided to us it will be considered correctly completed even if you have made a mistake.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.17 What happens if you provide us with incorrect information?<\/strong>\u00a0If you have provided incorrect information to us, we may, but are not required to, assist you in recovering your funds. We cannot guarantee that such efforts will be successful as they rely on the policies and practices of other banks and institutions. In addition, AYABANK may not be able to confirm that your recipient\u2019s name and account number match, as the names and other information associated with third party accounts may not be known to AYABANK. This means that if you provide an incorrect account number, your funds will most likely go to the wrong account.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>25.18 Finality.<\/strong>\u00a0When you make a Money Transfer, the settlement and payout to the recipient are final and irrevocable unless otherwise provided in this Agreement or pursuant to applicable law.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>INTELLECTUAL PROPERTY RIGHTS<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"26\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Intellectual Property Rights<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>26.1<\/strong>\u00a0All rights, title and interest in and to any software (including without limitation the App, the Website, the API, developer tools, sample source code, and code libraries), data, materials, content and printed and electronic documentation (including any specifications and integration guides) developed, provided or made available by us or our affiliates to you, including content of the Website, and any and all technology and any content created or derived from any of the foregoing (\u201c<strong>AYABANK Materials<\/strong>\u201d) and our Services are the exclusive property of AYABANK and its licensors. The AYABANK Materials and Services are protected by intellectual property rights laws and treaties around the world. All such rights are reserved.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>26.2 How you can use AYABANK Materials.<\/strong>\u00a0You may only use the AYABANK Materials if you have received written permission from us. Any use of the AYABANK Materials and Services not specifically permitted by us or under this Agreement is strictly prohibited. The licences granted by AYABANK terminate if you do not comply with this Agreement or any other service terms.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>26.3 When you cannot use AYABANK Materials.<\/strong>\u00a0Unless you have received written permission from us, you may not, and may not attempt to, directly or indirectly:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0use any of the AYABANK Materials for any commercial purpose or otherwise infringe our intellectual property rights.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0transfer, sublicense, loan, sell, assign, lease, rent, distribute or grant rights in the Services or the AYABANK Materials to any person or entity.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0remove, obscure, or alter any notice of any of our trademarks, or other Intellectual Property appearing on or contained within the Services or on any AYABANK Materials.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0modify, copy, tamper with or otherwise create derivative works of any software included in the AYABANK Materials; or<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0reverse engineer, disassemble, or decompile the AYABANK Materials or the Services or apply any other process or procedure to derive the source code of any software included in the AYABANK Materials or as part of the Services.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>26.4 AYABANK Trademarks.<\/strong>\u00a0This is a non-exhaustive list of AYABANK Trademarks : \u201cAYABANK\u201d, \u201cAYABANK CARD\u201d, \u201cAYABANK PLATFORM\u201d, \u201cAYABANKPLATFORM\u201d, \u201cAYABANK PAY\u201d, \u201cAYABANKPAY\u201d, \u201cAYABANKBUSINESS\u201d, \u201cAYABANK BUSINESS\u201d, \u201cAYABANKTRANSFER\u2019, \u201cAYABANK TRANSFER\u201d, \u201cTRANSFERAYABANK\u201d, \u201cBORDERLESS\u201d, \u201cMONEY WITHOUT BORDERS\u201d and any other business and service names, logos, signs, graphics, page headers, button icons and\/or scripts (each as might be amended from time to time) are all registered or unregistered trademarks or trade dress of AYABANK or AYABANK\u2019s licensors in the relevant jurisdictions (\u201c<strong>AYABANK Trademarks<\/strong>\u201d).<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>26.5<\/strong>\u00a0You may not copy, imitate, modify, or use AYABANK Trademarks without our prior written consent. You may use HTML logos provided by us for the purpose of directing web traffic to the Services. You may not alter, modify, or change these HTML logos in any way, use them in a manner that mischaracterizes AYABANK or the Services or display them in any manner that implies AYABANK\u2019s sponsorship or endorsement. Further, you may not use AYABANK Trademarks and trade dress in connection with any product or service that is not AYABANK\u2019s, in any manner that is likely to cause confusion among customers, or in any manner that disparages or discredits AYABANK.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>26.6<\/strong>\u00a0All other trademarks, registered trademarks, product names and company names or logos not owned by AYABANK that appear in AYABANK Materials or in the Services are or may be the property of their respective owners, who may or may not be affiliated with, connected to, or sponsored by AYABANK, and may not be used without permission of the applicable rights holder.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"27\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>AYABANK App<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>27.1 The App is subject to this Agreement and the App Store and Google Play Rules.<\/strong>\u00a0We licence the use of the App to you on the basis of this Agreement and subject to any rules and policies applied by any app store provider or operator whose sites are located at the App Store and on Google Play. We do not sell the App to you. We always remain the owners of the App.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>27.2 App updates.<\/strong>\u00a0From time-to-time updates to the App may be issued through App Store or Google Play. Depending on the update, you may not be able to use our Services via the App until you have downloaded the latest version of the App and accepted any new terms.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>27.3 Your right to use the App.<\/strong>\u00a0In consideration of you agreeing to abide by the terms of this Agreement, we grant you a non-transferable, non-exclusive licence to use the App on your device subject to this Agreement. We reserve all other rights.\u00a0<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>27.4 App Store terms.<\/strong>\u00a0The following provisions apply with respect to your use of any version of the App compatible with the iOS operating system of Apple Inc. (\u201c<strong>Apple<\/strong>\u201d):<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0Apple is not a party to this Agreement and does not own and is not responsible for the App.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0Apple is not providing any warranty for the App except, if applicable, to refund the purchase price for it.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0Apple is not responsible for maintenance or other support services for the App and shall not be responsible for any other claims, losses, liabilities, damages, costs, or expenses with respect to the App, including any third-party product liability claims, claims that the App fails to conform to any applicable legal or regulatory requirement, claims arising under consumer protection or similar legislation, and claims with respect to intellectual property infringement.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0Any inquiries or complaints relating to the use of the App, including those pertaining to intellectual property rights, must be directed to AYABANK in accordance with this Agreement.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0The licence you have been granted herein is limited to a non-transferable licence to use the App on an Apple-branded product that runs Apple\u2019s iOS operating system and is owned or controlled by you, or as otherwise permitted by the Usage Rules set forth in Apple\u2019s App Store Terms of Service. In addition, you must comply with the terms of any third-party agreement applicable to you when using the App, such as your wireless data service agreement.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(f)<\/strong>\u00a0Apple and Apple\u2019s subsidiaries are third-party beneficiaries of this Agreement and, upon your acceptance of the terms and conditions of this Agreement, will have the right (and will be deemed to have accepted the right) to enforce this Agreement against you as a third-party beneficiary. Notwithstanding this, our right to enter, rescind or terminate any variation, waiver or settlement under this Agreement is not subject to the consent of any third party, including Apple.<\/span><\/li><\/ul><ol style=\"color: #66676d; text-align: justify;\" start=\"28\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Third Party Materials<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>28.1<\/strong>\u00a0Certain Website, App or API functionality may contain or provide you access to information, products, services, and other materials by third parties (\u201c<strong>Third Party Materials<\/strong>\u201d) or allow for the routing or transmission of such Third-Party Materials, including via links.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>28.2<\/strong>\u00a0We neither control nor endorse, nor are we responsible for, any Third-Party Materials, including the accuracy, validity, timeliness, completeness, reliability, integrity, quality, legality, usefulness or safety of Third-Party Materials, or any intellectual property rights therein. Certain Third-Party Materials may, among other things, be inaccurate, misleading, or deceptive. Nothing in this Agreement shall be deemed to be a representation or warranty by us with respect to any Third-Party Materials. We have no obligation to monitor Third Party Materials, and we may block or disable access to any Third-Party Materials (in whole or part) through the Website, App or API at any time. In addition, the availability of any Third-Party Materials through the Website, App or API does not imply our endorsement of, or our affiliation with, any provider of such Third-Party Materials, nor does such availability create any legal relationship between you and any such provider.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>28.3<\/strong>\u00a0Your use of Third-Party Materials is at your own risk and is subject to any additional terms, conditions, and policies applicable to such Third-Party Materials (such as terms of service or privacy policies of the providers of such Third-Party Materials).<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>OTHER LEGAL TERMS<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"29\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Our responsibility for loss or damage<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.1 Unforeseeable loss or damage.<\/strong>\u00a0We are not responsible for any loss or damage that is not foreseeable. Loss or damage is foreseeable if either it is obvious that it will happen or if, at the time the contract was made, both we and you knew it might happen, for example, if you discussed it with us during your sign-up process.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.2 We do not exclude or limit in any way our liability to you where it would be unlawful to do so.<\/strong>\u00a0This includes liability for death or personal injury caused by our negligence or the negligence of our employees, agents, or subcontractors, for fraud or fraudulent misrepresentation.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.3 We are not liable for business losses.<\/strong>\u00a0To the extent permissible by law, if you use our Services for any commercial or business purpose we will have no liability to you for any loss of profit, loss of business, business interruption, loss of business opportunity or similar.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.4 We are not liable for technological attacks.<\/strong>\u00a0We will not be liable for any loss or damage caused by a virus, or other technological issues or attacks or harmful material that may infect your computer equipment, computer programmes, data or other proprietary material related to your use of our Services.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.5 We have no control over websites linked to and from our Website.<\/strong>\u00a0We assume no responsibility for such Third-Party Materials or any loss or damage that may arise from your use of them.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.6 Our liability to you for unauthorized payments.<\/strong>\u00a0In case of an unauthorized payment, we shall at your request refund the payment amount including all fees deducted by us. We may require proof that such payments were unauthorized. This shall not apply where we believe:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0Your AYABANK Account, or other personalised security features, are lost, stolen, or misappropriated. You will be liable for the first GBP 350 of any unauthorized payments if we believe you should have been aware of the loss, theft, or unauthorized use. We will not hold you liable for the first GBP 350 if the unauthorized payment was caused either by our acts or omissions, or those of a third party expressly carrying out activities on our behalf. Your liability for the first GBP 35 also does not apply to any unauthorized transactions made after you have notified us that your AYABANK Account or profile may have been compromised (using the details we\u2019ve given you).<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0You have acted fraudulently.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0You do not quickly notify us of security issues (e.g., loss of your password). You remain liable for losses incurred up to your notification to us.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0The payment transaction was unauthorized, but you have with intent or gross negligence compromised the security of your AYABANK Account or profile or failed to comply with your obligations to use your AYABANK Account or profile in the manner set out in this Agreement. In such a case you shall be solely liable for all losses; or<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0You don\u2019t let us know about the unauthorized or incorrectly completed transaction within thirteen (13) months from the date of the payment transaction.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.7<\/strong>\u00a0You are responsible for checking your AYABANK Account or profile regularly. We rely on you to regularly check the transactions history of your AYABANK Account or profile and to contact Customer Support immediately in case you have any questions or concerns.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.8 We are not liable for certain losses.<\/strong>\u00a0You are solely responsible for losses arising from your gross negligence or fraud. We also will not be liable in the following instances:<\/span><\/p><ul style=\"color: #66676d; text-align: justify;\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(a)<\/strong>\u00a0If through no fault of ours, you do not have enough funds available for your Money Transfer or in your AYABANK Account to complete the transaction.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(b)<\/strong>\u00a0If a merchant refuses to accept your Card.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(c)<\/strong>\u00a0If an ATM where you are making a cash withdrawal does not have enough cash.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(d)<\/strong>\u00a0If an electronic terminal where you are making a transaction does not operate properly.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(e)<\/strong>\u00a0If access to your Card has been blocked after you reported your Card lost or stolen or if AYABANK has reason to believe that your AYABANK Account was compromised.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(f)<\/strong>\u00a0If there is a hold or your funds are subject to legal or administrative process or other encumbrance restricting their use.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(g)<\/strong>\u00a0If the requested transaction is unauthorized as defined in this section of this Agreement.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(h)<\/strong>\u00a0If circumstances beyond our control (such as fire, flood, or computer or communication failure) prevent the completion of the transaction, despite reasonable precautions that we have taken.<\/span><\/li><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>(i)<\/strong>\u00a0Any other exception stated in this Agreement.<\/span><\/li><\/ul><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.9 We are not liable for things which are outside of our control.<\/strong>\u00a0We (and our affiliates) cannot be liable for our inability to deliver or delay because of things which are outside our control.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.10 You are liable if you breach this Agreement or applicable laws.<\/strong>\u00a0In the event of loss, claims, costs, or expenses (including reasonable legal fees) arising out of your breach of this Agreement, any applicable law or regulation and\/or your, or any Authorized User\u2019s use of our Services, you agree to defend, compensate us and our affiliates and hold us harmless. This provision will continue after our relationship ends.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.11 What happens if you owe us money.<\/strong>\u00a0In the event you are liable for any amounts owed to us for whatever reason, we may immediately deduct such amounts from your AYABANK Account (if available). If there are insufficient funds in your AYABANK Account to cover your liability or you do not have a AYABANK Account, you agree to repay the outstanding amount to us immediately on demand along with any applicable fees and interest (daily late penalty for any outstanding amount is 5%). If you do not repay the outstanding amount, then, without prejudice to any other rights we may have, including the right to close your AYABANK Account under section 8, we reserve the right to collect your debt to us by using any payments received for our Services in the future (such as to fund a Money Transfer or your AYABANK Account), and otherwise you agree to reimburse us through other means. We may also recover amounts you owe us through other collection avenues, including, without limitation, using a debt collection agency or at our sole discretion bring a claim against you, notwithstanding section 32.6, in any jurisdiction where you reside or hold assets. We may recover all reasonable costs, interest, or expenses (including reasonable attorneys&#8217; fees and expenses) incurred in connection with the enforcement of this Agreement.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.12 Release.<\/strong>\u00a0If you have a dispute with any AYABANK Account holder or a third party that you send money to or receive money from using the Services, you release AYABANK from all claims, demands and damages (actual and consequential) of every kind and nature, known and unknown, arising out of or in any way connected with such disputes. This means that you must use caution when dealing with third parties when using our Services.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.13<\/strong>\u00a0In entering this release, you expressly waive any protections (whether statutory or otherwise) that would otherwise limit the coverage of this release to include only those claims which you may know or suspect to exist in your favour at the time of agreeing to this release.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.14 Disclaimer of Warranty.<\/strong>\u00a0The Services are provided \u201cAs-Is\u201d \u201cWhere Is\u201d and \u201cWhere Available\u201d and without any representation or warranty, whether express, implied, or statutory. AYABANK specifically disclaims any implied warranties of title, merchantability, fitness for a particular purpose and non-infringement. We disclaim all warranties with respect to the Services to the fullest extent permissible under applicable law, including the warranties of merchantability, fitness for a particular purpose, non-infringement, and title.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>29.15 Availability of Services.<\/strong>\u00a0We will try to make sure our Services are available to you when you need them. However, we do not guarantee that our Services will always be available or be uninterrupted. We may suspend, withdraw, discontinue, or change all or any part of our Service without notice. We will not be liable to you if for any reason our Services are unavailable at any time or for any period.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"30\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Our right to make changes.<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>30.1 We may change this Agreement by giving you at least two (2) months\u2019 prior written notice.<\/strong>\u00a0This notice will be provided either by email or displaying a notice in the App or in our Webpage. If we do this, you can terminate this Agreement immediately by closing your AYABANK Account or profile and ceasing use of our Services during the notice period (see section \u201c<strong>Closing you AYABANK Account or stopping your use of our Services<\/strong>\u201d). If we do not hear from you during the notice period, you will be considered as having accepted the proposed changes and they will apply to you from the effective date specified on the notice.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>30.2 In some instances, we may change this Agreement immediately.<\/strong>\u00a0Notwithstanding section 33.1, changes to this Agreement which do not require two (2) months\u2019 notice or are (1) more favourable to you; (2) required by law; (3) related to the addition of a new service, extra functionality to the existing Service; or (4) changes which neither reduce your rights nor increase your responsibilities, will come into effect immediately if they are stated in the change notice. Changes to exchange rates shall come into effect immediately without notice and you shall not have the right to object to such a change.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"31\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>Complaints<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>31.1<\/strong>\u00a0If you have any complaints about us or our Services.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>31.2<\/strong>\u00a0If you are a Corporate High Risk Account Customer you will not be eligible to complain to the Financial Ombudsman Service.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\">\u00a0<\/span><\/p><ol style=\"color: #66676d; text-align: justify;\" start=\"32\"><li><span style=\"font-size: 18px; font-family: helvetica;\"><strong>General but important terms<\/strong><\/span><\/li><\/ol><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>32.1 No Third-Party rights.<\/strong>\u00a0This Agreement is between you and us. Except as expressly provided in this Agreement (for example in the App Store terms), no other person shall have any rights to enforce any of its terms. Neither of us will need to get the agreement of any other person to end or make any changes to this Agreement.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>32.2 Assignment.<\/strong>\u00a0You may not transfer, assign, mortgage, charge, subcontract, declare a trust over or deal in any other manner with any or all your rights and obligations under this Agreement (including the AYABANK Account) without our prior written consent. We reserve the right to transfer, assign or novate this Agreement (including the AYABANK Account) or any right or obligation under this Agreement at any time without your consent. This does not affect your rights to close your AYABANK Account under section 7.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>32.3 Severability.<\/strong>\u00a0Each of the paragraphs of this Agreement operates separately. If any court or relevant authority decides that any of them are unlawful or unenforceable, the remaining paragraphs will remain in full force and effect.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>32.4 Enforcement.<\/strong>\u00a0Even if we delay in enforcing this Agreement, we can still enforce it later. If we delay in asking you to do certain things or taking certain action, it will not prevent us from taking steps against you at a later date.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>32.5 Entire Agreement.<\/strong>\u00a0This Agreement supersedes and extinguishes all previous agreements between you and AYABANK, whether written or oral, relating to its subject matter.<\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>\u00a0<\/strong><\/span><\/p><p style=\"color: #66676d; text-align: justify;\"><span style=\"font-size: 18px; font-family: helvetica;\"><strong>32.6 Governing law.<\/strong>\u00a0This Agreement is governed by English law. Any dispute between you and us in connection with the Services and\/or this Agreement may be brought in the courts of England and Wales \u00a0only subject to section 29.11<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Personal Agreement Home Legal Personal Agreement Last updated: 1 April 2024 This Customer Agreement applies to our products and Services. It describes the rights and obligations of you and us and forms a legally binding contract between you and Wise when you register and use our services such as sending money to your friends and&hellip; <a class=\"more-link\" href=\"https:\/\/ayabank.us\/it\/personal-greement\/\">Continua a leggere <span class=\"screen-reader-text\">Personal Agreement<\/span><\/a><\/p>","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-2403","page","type-page","status-publish","hentry","entry"],"zion_builder_status":false,"_links":{"self":[{"href":"https:\/\/ayabank.us\/it\/wp-json\/wp\/v2\/pages\/2403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ayabank.us\/it\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ayabank.us\/it\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ayabank.us\/it\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ayabank.us\/it\/wp-json\/wp\/v2\/comments?post=2403"}],"version-history":[{"count":41,"href":"https:\/\/ayabank.us\/it\/wp-json\/wp\/v2\/pages\/2403\/revisions"}],"predecessor-version":[{"id":2509,"href":"https:\/\/ayabank.us\/it\/wp-json\/wp\/v2\/pages\/2403\/revisions\/2509"}],"wp:attachment":[{"href":"https:\/\/ayabank.us\/it\/wp-json\/wp\/v2\/media?parent=2403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}