Terms of Use

These Terms of Use (hereinafter referred to as the "Terms") apply to the use of axysbank.io (hereinafter referred to as the "Website") and the services provided by the Company. By accessing or using the Website or services, you are deemed to have agreed to these Terms. Please read them carefully.

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1. Acceptance of Terms

By using the Website or services, you acknowledge that you have read, understood, and agreed to be bound by these Terms.

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2. No Financial Advice or Solicitation

The Company does not provide financial advisory services. Any information provided through the Website or services is solely for informational purposes and should not be construed as advice, solicitation, or a recommendation regarding any business, profession, financial decision, or investment. You should seek independent professional advice before making any business or investment decisions.

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3. Accuracy of Information

While the Company endeavors to provide accurate and up-to-date information, it makes no warranties or representations, either express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information provided. Use of the information on the Website or services is at your own risk, and the Company shall not be held liable for any errors, omissions, or losses arising from its use.

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4. Conditions of Service Use

You agree to use the Website and services only for lawful purposes and to comply with all applicable local, national, and international laws and regulations.

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5. Intellectual Property Rights

All content on the Website and related materials (including but not limited to text, logos, images, and software) is the property of the Company and is protected by copyright and other intellectual property laws. Unauthorized reproduction, distribution, modification, or use is strictly prohibited.

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6. Limitation of Liability

The Company shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising out of or in connection with the use or inability to use the services, including but not limited to loss of profits or data.

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7. Changes to the Terms

The Company reserves the right to modify these Terms at any time. Continued use of the services after any changes constitutes your acceptance of the updated Terms.

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8. Termination of Services

The Company reserves the right to suspend or terminate access to the services at its sole discretion and without prior notice.

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9. Disclaimer Regarding Trademarks and Business Liability

"Axys Bank Ltd" is a trademark used within an independent business network. Each business using this trademark is independently owned and operated. There is no agency, partnership, joint venture, or other legal relationship that imposes liability or obligations on other businesses within the network.

Contracts, obligations, and responsibilities related to services and products offered within the network are borne solely by the respective business entity. Under no circumstances shall any entity within the network be held liable for the acts, omissions, contractual breaches, or claims arising from other entities.

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‍10. AML/KYC Procedures

10.1 Obligation for KYC Procedures

To use our services, users must complete the Know Your Customer (KYC) verification process. We reserve the right to collect and verify customer identification information in accordance with applicable laws.

10.2 KYC Process
Users are required to provide the following information for identity verification:
  • Submission of a passport (or a government-issued identification document)
  • Submission of proof of address (such as utility bills or bank statements)
  • Real-time selfie photo for verification purposes
10.3 Updating KYC Information
Users must ensure that the KYC information provided is accurate and up-to-date. Any changes to the submitted information must be promptly reported to the Company.
10.4 Restrictions Based on KYC Results

The Company reserves the right to approve, reject, or restrict user accounts based on the results of the KYC process. In certain jurisdictions, regulatory requirements may limit the availability of services.

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Privacy Policy Regarding KYC

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1. Information Collected

For the purposes of KYC, we may collect the following information:

  • Full name, date of birth, and address
  • Passport (or government-issued identification document)
  • Proof of address (such as utility bills or bank statements)
  • Real-time selfie photo for identity verification
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2. Purpose of Information Use

The collected KYC information is used for the following purposes:

  • To comply with regulatory obligations
  • To prevent money laundering and fraudulent activities
  • To verify the user's identity and ensure account security
  • To provide necessary services and support
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3. Disclosure to Third Parties

We may share KYC information with trusted third-party identity verification service providers. These third parties are required to handle the information in compliance with our privacy policy and applicable data protection laws.

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4. Retention Period

KYC information is retained in accordance with applicable laws for the necessary period. Upon expiration of the retention period, the information will be deleted or anonymized appropriately.

Including detailed steps for the KYC process, such as providing a passport, proof of address, and a selfie, ensures that users can complete the process smoothly.## 11. Governing Law and JurisdictionThese Terms shall be governed by the laws of the jurisdiction in which the respective business operates. Any disputes arising from or related to these Terms shall be subject to the exclusive jurisdiction of the courts designated by the Company.

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Summary

These Terms are intended to clarify your rights and obligations when using our services. If you have any questions, please contact us for further assistance.

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