Terms of Service
Last updated: January 2025
Welcome to SettlementX. These Terms of Service ("Terms") govern your access to and use of the SettlementX platform, services, and website (collectively, the "Services"). By accessing or using our Services, you agree to be bound by these Terms.
1. Acceptance of Terms
By accessing or using SettlementX, you confirm that you are at least 18 years old and have the legal capacity to enter into a binding agreement. If you are using the Services on behalf of a business entity, you represent that you have the authority to bind that entity to these Terms.
2. Description of Services
SettlementX provides a platform for digital asset and fiat currency payments, enabling users to:
- Send and receive cross-border payments
- Convert between digital assets and fiat currencies
- Manage multi-currency accounts
- Access payment infrastructure APIs
3. Account Registration
To use certain features of our Services, you must create an account. You agree to:
- Provide accurate and complete information during registration
- Maintain the security of your account credentials
- Promptly notify us of any unauthorized access
- Accept responsibility for all activities under your account
4. Compliance and Regulatory Requirements
You agree to use our Services in compliance with all applicable laws and regulations, including but not limited to:
- Anti-money laundering (AML) laws
- Know Your Customer (KYC) requirements
- Sanctions and export control regulations
- Tax reporting obligations
5. Prohibited Activities
You may not use our Services to:
- Engage in fraudulent or illegal activities
- Violate any applicable laws or regulations
- Circumvent security measures or access controls
- Transmit malware or harmful code
- Interfere with the operation of our Services
6. Fees and Payments
Fees for our Services are disclosed prior to transaction execution. You agree to pay all applicable fees as described in our fee schedule. We reserve the right to modify our fees with reasonable notice.
7. Intellectual Property
All content, trademarks, and intellectual property associated with SettlementX remain our exclusive property. You may not reproduce, distribute, or create derivative works without our prior written consent.
8. Limitation of Liability
To the maximum extent permitted by law, SettlementX shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of the Services.
9. Indemnification
You agree to indemnify and hold harmless SettlementX, its affiliates, and their respective officers, directors, employees, and agents from any claims, damages, or expenses arising from your use of the Services or violation of these Terms.
10. Modifications to Terms
We reserve the right to modify these Terms at any time. We will notify you of material changes through the Services or via email. Your continued use of the Services after such changes constitutes acceptance of the modified Terms.
11. Termination
We may suspend or terminate your access to the Services at any time for violation of these Terms or for any other reason at our discretion. Upon termination, your right to use the Services will immediately cease.
12. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which SettlementX operates, without regard to its conflict of law provisions.
13. Contact Us
If you have any questions about these Terms, please contact us at:
Email: legal@settlementx.com