Terms and Conditions: Digital Wallet
This document contains important terms and conditions applicable to any entity accessing or using SellersFX Payments Services (the “Customer” or “you”/ “your”). By creating, accessing, and using SellersFX Payments Services, you accept and agree to be legally bound by these Terms and Conditions as set forth herein (“Terms and Conditions”). You may also be prompted to affirmatively agree and accept these Terms and Conditions electronically or in writing.
These Terms and Conditions shall be effective and legally binding once you have agreed to its terms in the methods described above (“Effective Date”). The Terms and Conditions shall be effective until the it is terminated.
Please note that the terms and conditions may be updated from time to time electronically through SellersFunding’s portal. Other than any material changes to these Terms and Conditions in which we would notify you of, you are responsible for making yourself aware of the terms set forth in these Terms and Conditions. Your acceptance of these Terms and Conditions also confirm that you fully understand the contents of these terms that govern the SellersFX’s services. To the extent that you do not understand any of the terms set forth, please feel free to reach out to us or consult legal advice from a legal professional.
If SellersFunding or Currency Cloud discovers any of the above, SellersFunding and/or Currency Cloud reserves the right to, in their sole discretion, suspend or terminate your use of SellersFX Payments Services.
SellersFunding may suspend Services and/or terminate these Terms of Conditions at any time without prior notice where we have reason to believe that you are engaged in fraud, money laundering, or terrorist financing or where SellersFunding have reason to believe that you may cause SellersFunding or Currency Cloud to breach our internal risk and compliance policies.
The following words shall have the respective meanings set out here under unless the context otherwise requires:
Your Global Account where you can Store and Pay-Out funds
Foreign Exchange Service
Your Global Account where you can Convert funds between different currencies
EUR Collection Service
Your Collection Service where you can Collect EUR, store, convert and repatriate funds to your own bank account
USD Top-Up Service
Your Top-Up Service that enable you to send USD from the U.S. to your Global Account
CFSB administered by Currencycloud Inc.
USD Collection Service
Your Collection Service where you can Collect USD, store, convert and repatriate funds to your own bank account