ntradeX Terms of Service
This agreement sets forth the terms and
conditions under which ntradeX will provide its services. This agreement describes
user’s rights and obligations when using theses services. User must read the agreement
carefully and be sure user fully understands these terms and conditions. Creating or
Using any service(s) belonging to ntradeX, either in full or in part means users
completely and unconditionally accepts all the terms and conditions stipulated in this
agreement. The parties to this agreement are the Issuer and the User
Definition of Terms
- User: means the person (individual or legal entity)
that creates account with ntradeX.ca. User is the owner of the account from the
perspective of Issuer. - Issuer: means ntradeX, duly registered Company under
the Registry of Joint Stock Companies in Nova Scotia (as ntradeX Solutions Inc.) that
operates a settlment and remittance service which allows Customer to us its platform to
facilitate exchange of currencies (the “Service”).” - Account: means the electronic account created by the
user on ntradeX website to carry out settlment and/or remmittance exchange service. - Service: means a settlement/remittance exchange
service. - Website: means the Internet website property of
ntradeX available at https://ntradeX.ca - National Money or Currency: means any money or
currency different to the dollar, currency of the United Sates of America or Euros
currency of the European Union.
Conditions of Use
“The condition of use”, stated below
explains the rights and duties of the User as to the access and using the services
rendered by ntradeX.ca, and/or his assignees and/or its representatives and/or Payment
center partners”
- Products and services. – ntradeX.ca renders
the
services of remittance and settlement exchange of currencies. – ntradeX.ca does not
check the competence and legal standing of the the User, the monetary funds that are
offered by the User for funding, and does not carry out monitoring of the User
operations in any of the electronic payment systems or banking structure (a bank, a
credit or investment structure). – Electronic payment systems and/or Banks are
exclusively responsible for the monetary funds entrusted to them by the Users.
ntradeX.ca is not a party to the agreement between an Electronic payment systems and its
User is by no means responsible for misuse or abuse of the corresponding system and/or a
Bank as well as for functionality abuse of this system by the User. Mutual rights and
duties of the User and the electronic payment system and/or a bank are regulated by the
rules and agreements accepted in the corresponding system and/or a Bank. – The services
offered by ntradeX.ca are not intended for use and/or are not available in the countries
where it is illegal. The User is fully responsible for the local law observance and
ntradeX.ca retains the rights to refuse service to any such User. – ntradeX.ca has a
right to refuse rendering the service without mentioning the reason to any person which
he/she will be informed of in the written form. – ntradeX.ca has a right to terminate
the relations with the User in case of getting the information inducing ntradeX.ca to do
so. – ntradeX.ca has a right to suspend service rendering to the User if: a) The User
violates any of the conditions of the present Agreement or any “Additional agreements”.
b) The user is involved in identity theft or has used another persons Atm card,
electronic payment system information without their consent. - Transactions and operations – ntradeX is
responsible
for providing the transaction fulfillment and/or the following operations, access to the
information about the transaction in the system ntradeX.ca and carrying out the
transactions or any of its parts by the User 24 hours a day (7 days of the week). – The
payment for the services rendered by ntradeX.ca , is carried out by the User according
to the ntradeX.ca services (exchange) rates. ntradeX.ca has a right to change these
rates without additional notification. – Apart from the established and/or agreed
interest, payments and commissions the User pays all the telephone and postal expenses,
done in the course of business relations with ntradeX.ca. These additional expenses are
written off by ntradeX.ca in non-acceptance manner from the monetary funds of the User
which are in the disposal of ntradeX.ca. – User is responsible for the functionality and
usability of his computer and/or some other facilities necessary for the access to the
transaction settlement system via ntradeX.ca interface. ntradeX.ca is not responsible
for the losses or damage appearing as a result of inability of the User to use his or
her own facilities and/or some of its elements and/or the absence of the necessary full
or partial functionality of the facilities or its elements. – Any claim on the part of
the User of improper fulfillment of User instructions by ntradeX.ca must be raised by
the User of ntradeX.ca not later than within ten (10) business days after the date
ntradeX.ca was given the corresponding instruction. – ntradeX.ca is not responsible for
any loss and/or damage (loss), resulting from a delay in bank payments fulfillment or
electronic money transfer of the User where the day of sending or the days after sending
are not business days in the country of the ntradeX.ca partner-participant, that is the
receiver. – ntradeX.ca is not responsible for mistakes, omissions or delays of payments
made by banks, serving ntradeX.ca partners-participants, by a correspondent bank or
e-payment system as well as it is not responsible for the consequences caused by their
financial state. – ntradeX.ca has a right to suspend or limit the access of the User to
transaction system without prior notification of the User, at the same time ntradeX.ca
is not responsible for any indirect, special, unpredictable or consequent loss or
damage. – ntradeX.ca does not offer refunds for any transactions made - Refunds/Returns – In the event that a
return/refund
is requested by a User registered on ntradeX.ca, ntradeX.ca is obligated to refund said
payment, in the same amount, at the rate the original payment was made, and with the
same payment method utilized within 2 – 3 business days after receipt. ntradeX.ca is not
obligated to refund a payment where the initial transaction or payment was not made or
cannot be confirmed/verified within the User’s dashboard or ntradeX.ca’s Administrative
dashboard - Altering – ntradeX.ca reserves a right to
make any
amendments and changes to the rules of product (services) usage, as well as service and
access to services, including the present Agreement and any “Additional Agreements “, at
any time. - Guarding, access and connection – Any
reference of
the User to ntradeX.ca, be it electronic, written or oral, will come into force and will
be valid only after its full reception by ntradeX.ca and correct identification of the
User as the owner of the monetary funds, at the same time the User as the Owner of
monetary funds will be responsible for all operations on his account up to this moment.
– Written messages of ntradeX.ca to the User are considered completed since the moment
they were sent to the last address of the User known to ntradeX.ca. - Force-majeure Neither User nor ntradeX.ca
will be
responsible for the delays or default on an obligation under the present Agreement or
any “Additional agreements “, contracts and/or arrangements resulting from
force-majeure, including (unrestricted) acts of God, acts of government or state, wars,
fire, flood, explosion, terrorism, riot or civil strife, or absence, malfunctioning of
power supply, internet providers or network connections or other systems, networks or
services.