IMPORTANT INFORMATION YOU SHOULD. KNOW 1.1. We do not provide Services under this Agreement to persons who are any of a Consumer, Micro-Enterprise or Charity, and you hereby acknowledge and represent to us that at all times when you use our Services you are none of these. 1.2. In using our Services, you agree that the following provisions do not apply to this Agreement except to the extent that we agree otherwise with you: 1.2.1. the Information Requirements for Payment Services, set out at Part 6 of the Regulations, do not apply to this Agreement; 1.2.2. the following provisions of Part 7 of the Regulations (Rights and Obligations in Relation to the Provision of Payment Services) do not apply to this Agreement: 66(1) (charges), 67(3) and (4) (withdrawal of consent), 75 (evidence on authentication and execution), 77 (payer or payee’s liability for unauthorised transactions), 79 (refunds for direct debits), 80 (requests for direct debit refunds), 83 (revocation of a payment order), 91 (defective execution of payer-initiated transactions), 92 (defective execution of payee-initiated transactions) and 94 (liability for charges and interest); and 1.2.3. a different time period may apply for the purposes of regulation 74(1) (notification of unauthorised or incorrectly executed payment transactions). 1.3. Each FX Contract and each Payment Service effected under the terms of this Agreement shall be an individual contract and we may at any time and at our sole discretion refuse to offer you terms for any FX Contract and (subject to the Regulations) refuse to perform a Payment Service. 1.4. Our obligations under this Agreement are conditional on our acceptance of you as a Client which is at our sole discretion and we reserve the right to decline to provide our Services to you without specifying a reason. We will notify you on our acceptance of you as a Client, and we will provide you with a unique Client reference number. 1.5. In order to provide you with our Services, we require: 1.5.1. confirmation of your acceptance, in a form acceptable to us, of the terms of this Agreement; and 1.5.2. receipt of any such documentation and/or information that we may reasonably request to meet our Compliance Obligations. 1.6. Our Services are provided to support your business activities. You will not use our Services for personal, family or household purposes. 1.7. If you do not use our Services for a period of 3 years (or such shorter period as we may reasonably determine in our discretion) then we may require you to re-apply to use our Services and to provide us with such documentation and information that we may request to assist us in meeting our Compliance Obligations.
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Samples: Fx Contracts and Payment Services Agreement, Terms and Conditions of Business, Fx Contracts and Payment Services Agreement
IMPORTANT INFORMATION YOU SHOULD. KNOW
1.1. We do not provide Services under this Agreement to persons who are any of a Consumer, Micro-Enterprise or Charity, and you hereby acknowledge and represent to us that at all times when you use our Services you are none of these.
1.2. In using our Services, you agree that the following provisions do not apply to this Agreement except to the extent that we agree otherwise with you:
1.2.1. the Information Requirements for Payment Services, set out at Part 6 of the Regulations, do not apply to this Agreement;
1.2.2. the following provisions of Part 7 of the Regulations (Rights and Obligations in Relation to the Provision of Payment Services) do not apply to this Agreement: 66(1) (charges), 67(3) and (4) (withdrawal of consent), 75 (evidence on authentication and execution), 77 (payer or payee’s liability for unauthorised transactions), 79 (refunds for direct debits), 80 (requests for direct debit refunds), 83 (revocation of a payment order), 91 (defective execution of payer-initiated transactions), 92 (defective execution of payee-payee- initiated transactions) and 94 (liability for charges and interest); and
1.2.3. a different time period may apply for the purposes of regulation 74(1) (notification of unauthorised or incorrectly executed payment transactions).
1.3. Each FX Contract and each Payment Service effected under the terms of this Agreement shall be an individual contract and we may at any time and at our sole discretion refuse to offer you terms for any FX Contract and (subject to the Regulations) refuse to perform a Payment Service.
1.4. Our obligations under this Agreement are conditional on our acceptance of you as a Client which is at our sole discretion and we reserve the right to decline to provide our Services to you without specifying a reason. We will notify you on our acceptance of you as a Client, and we will provide you with a unique Client reference number.
1.5. In order to provide you with our Services, we require:
1.5.1. confirmation of your acceptance, in a form acceptable to us, of the terms of this Agreement; and
1.5.2. receipt of any such documentation and/or information that we may reasonably request to meet our Compliance Obligations.
1.6. Our Services are provided to support your business activities. You will not use our Services for personal, family or household purposes.
1.7. If you do not use our Services for a period of 3 years (or such shorter period as we may reasonably determine in our discretion) then we may require you to re-apply to use our Services and to provide us with such documentation and information that we may request to assist us in meeting our Compliance Obligations.
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