Common use of Wallet Clause in Contracts

Wallet. 8.1 Wallet can be established through User Interfaces by completing the registration process according to the provided instructions. 8.2 Upon establishment of the Wallet, we’ll provide You with a means of: (i) purchasing, registering for and activating Your Card; (ii) opening, activating, loading, and reloading Your E-money Account; (iii) carrying out Transactions; (iv) reviewing Your Transactions; (v) giving instructions to, and communicating with, Us; and (vi) other services described in the User Interface. 8.3 By registering to use the Wallet and by continuing to use the same, you shall be deemed to have accepted and be bound by this Agreement. 8.4 As a result of technical problems or faults, maintenance or security problems the Wallet may be suspended, and in certain cases We may not be able to notify You. 8.5 The Wallet software (including User Interfaces, the text, graphics and other components) are and will remain to be Our sole property and/or any persons that have assigned the operating rights to Us. You may not use or share the Wallet software as part of, or from, another internet application or software program. Furthermore, You shall not, and shall not attempt to, decompile, reverse-engineer, translate, convert, adapt, alter, modify, enhance, add to, delete or in any way tamper with, or gain access to, any part of the Wallet or any software comprised in it. 8.6 You shall provide such information as We may, from time to time, reasonably request for the purposes of establishing and maintaining the Wallet. You shall ensure that all information provided to Us is at all times accurate, complete and up-to-date, including your address and contact details. 8.7 You confirm that the Wallet is for Your sole and exclusive use, and that You shall not use the Wallet for any illegal or illicit purposes. You should seek and obtain independent professional advice on legal, tax and other issues in connection with the use of the Wallet. You acknowledge that it is Your responsibility to ensure that the use of the Wallet is in accordance with prevailing laws, rules and regulations (whether pertaining to U.K. or any other country) which are applicable to You. 8.8 You have to link Your Funding Source to your Wallet by following the instructions provided in the User Interface. You must not link and/or attempt to link a Funding Source that is not in Your name and/or does not belong to You. 8.9 You may not be able to use the Wallet or any part of its functionality until you have passed our identity and security validation and verification checks, and provided information requested in accordance with anti- money laundering regulations and our internal policies. you will have to enter the following information into the relevant fields of our application form: full name, date of birth, residential address, mobile phone number, and e-mail address. Your information will be automatically uploaded into our records, and your personal details will be automatically screened against the following sanctions lists: (a) lists administered by the Office of Foreign Assets Control (OFAC), including without limitation, the Specifically Designated Nationals and Blocked Persons list; (b) Her Majesty’s Treasury Department – UK (HMT); (c) European Union sanctions (EU); and (d) United Nations sanctions (UN). 8.10 We will accept the following valid documents for the purposes of verification of your identity: current signed passport; an EEA National ID card; a National ID card bearing your photograph (non-EEA); a current UK issued travel document; a Home Office Immigration and Nationality Directorate application card; a full UK/EU driving license (Old or new style); a residence permit issued by the Home Office to EEA nationals on sight of own country passport; or such other document as specified on our Website and/or accepted by us. We will accept the following valid documents for the purposes of verification of your residence address: utility bill (gas, electric, satellite, television, landline phone bill) issued within the last three months; local authority council tax bill for the current council tax year; bank, building society or credit card statement or passbook dated not older than three months, verified by the issuing organization; current UK/EU Driving license (if not used as proof of ID); original mortgage statement from a recognized lender for the last full year; or council or housing association rent card or tenancy agreement for the current year; or such other document as specified on our Website and/or accepted by us. The documents will have to be uploaded by you into our system using a relevant function in the interface of the Website, and they will be scanned by our specific software to verify, that the documents satisfy the applicable standard format, MRZcode is verified, and the photo was not graphically altered. If the photos or scan copies of the documents, do not pass the technical screening described above, you will be denied from using our services. 8.11 We retain the right to request any additional documents and/or information regarding you, your Transaction(s) and/or Sender and/or Recipient of funds of Your Transaction. We will decide in our sole discretion whether the documents and/or information provided are sufficient to allow you to use our services or any part thereof. 8.12 We will request an update or confirmation of Your information and documents, kept in our files, as frequently as needed for us to follow our internal policies and to comply with the applicable laws and regulations. 8.13 We may check all personal and identity verification information you give us with credit reference or fraud prevention agencies and other organizations. These agencies may keep a record of your information and the searches made. However, we do not perform a credit check and any search is for identity purposes only and will be recorded as such. 8.14 We shall keep records of the information and documents we received from you in accordance with all applicable legal and regulatory requirements. Your personal information may be disclosed to credit reference agencies and fraud prevention agencies. 8.15 Your Wallet can be denominated in EUR, USD, GBP or other currency as may be available in the User Interface, chosen by us based on the country code of your mobile phone number during the application process. 8.16 We will review your application as soon as practicable. It remains in our sole discretion whether we issue a Wallet to you. If your application is approved, we will advise you accordingly. 8.17 From time to time Your ability to use Your Wallet may be interrupted (for example when We carry out maintenance). If You incur any problems when using Your Wallet, check Our Website for service updates or contact the customer support according to details given in User Interfaces.