Terms Of Use

IMPORTANT NOTICE: PLEASE READ THE FOLLOWING TERMS AND CONDITIONS CAREFULLY. BY ACCESSING THE WEBSITE, YOU ACKNOWLEDGE THAT YOU HAVE READ THEM AND THAT YOU AGREE TO BE BOUND BY THEM.

1. OWNER OF WEBSITE

   This website ("Website") is owned and operated by MTFX Group of Companies. ("MTFX"). The Website consists of public areas ("Public Area") with unrestricted access and secure areas ("Secure Area") with restricted access. Any reference to the Website is intended to apply to both areas.

2. THE WEBSITE

   The Public Area of the Website provides information about the procedure of foreign exchange transactions and current information about exchange rates. The Secure Area allows you to book transactions, enter beneficiary account details and access information about your account online (collectively "the Services"). You may also obtain some or all of the Services by telephone or email, in which case these terms and conditions will also apply to the extent that they are relevant. Any Services provided to you will be provided only pursuant to MTFX's Master Foreign Exchange Agreement which you must agree to in addition to this Agreement and prior to the provision of any such Services.

3. ACCESS TO SECURE AREA WITH USERNAME AND PASSWORD

   Upon registration, you will be able to obtain a username and password with unlimited or prescribed levels of authority in order to enable you and your authorized representatives to access the Secure Area of the Website and use the Services. You accept these terms and conditions of use each time the Secure Area is accessed by anybody using your username and password. MTFX will not check the identity of the user every time the username and password are used. It is your responsibility to ensure the security of your username and password. MTFX will be entitled to assume that anybody who uses the username and password has your full authority to do so and accepts no responsibility for misuse or unauthorized access, other than in circumstances where the use has been by employees of MTFX or where you have notified MTFX of termination in accordance with this Agreement.

4. LEGITIMATE USE

   You agree to use the Website only for legitimate purposes. You agree not to interfere with, damage (or attempt to interfere with or damage) or reverse-engineer any code, data or software on or associated with the Website. You agree to access the Secure Area only in accordance with the terms of any other Agreements you enter into with MTFX.

5. OWNERSHIP OF INFORMATION ON THE WEBSITE

   The copyright in the Website and all associated material is the property of MTFX or third parties from whom the material has been licensed. By accessing or using the Website, MTFX grants you a limited licence to view and otherwise access content on the Website, but you are not authorised to use such content or source code for any other purposes, including reverse engineering or copying that content or source code, unless otherwise specified. All other rights are reserved, and, except as outlined in this agreement or as otherwise permitted by any copyright legislation, no part of the Website and associated material may be reproduced or published in any form or by any means, electronic or mechanical, including photocopying, recording, or by information storage or retrieval system, without the prior written permission of MTFX.

6. USE OF INFORMATION ON THE WEBSITE

   The information, including any charts, graphs and models, ("Information") on this Website has been obtained from sources believed to be reliable and has been prepared in good faith and with all reasonable care. However, MTFX makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the Information. Neither MTFX, nor any of its providers of information, assume any liability to you, or to any other third party, for the accuracy of the Information or for any errors or omissions therein, nor will MTFX or any of its providers of information have any liability for the use, interpretation or implementation of the Information.

7. ACCURACY OF INFORMATION ON THE WEBSITE

   By providing the Information on this Website, MTFX undertakes no obligation to update the Information. Forecasts, opinions or strategies herein are based on assumptions, market conditions and available information at the time of writing and may change without notice. In particular, currency converter rates are updated where possible on a 15 minutes interval basis, but users should be aware that, for many exchange rates, data is not readily available and so rates may be significantly out of date. These rates are a guide only, so visitors to the Website should consult their financial institution to obtain actual rates of exchange.

8. FORWARD LOOKING INFORMATION

   Certain information on this Site contains certain forward-looking statements, which are subject to risks and uncertainties and speak only as of the date on which they are made. The words "believe", "expect", "anticipate", "optimistic", "intend", "aim", "will" or similar expressions are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. MTFX undertakes no obligation to update publicly or revise any forward-looking statements.

9. NO FINANCIAL ADVICE

   The Information contained in this Website does not constitute investment or financial advice, and nothing relating to the provision of the information herein shall be construed as creating a fiduciary, financial or other advisory relationship between MTFX and the user or any other third party. Any comments or statements made are not a recommendation that a particular course of action is suitable for you and should not be regarded as investment advice. Before making any investment decision on the basis of any reports or information provided, you must read any relevant disclosure document and make your own investigations regarding the accuracy, reliability and completeness of this information. You should also seek expert professional advice about the offer in light of your particular financial circumstances and particular investment needs.

10. NO LIABILITY FOR DELAYS OR TECHNICAL PROBLEMS

    Subject to any conditions and warranties implied by legislation, MTFX excludes liability for any delay, interruption or unavailability of the Website.

11. ACCESS TO THE WEBSITE

    MTFX will use all reasonable efforts to provide access to the Website at all reasonable times, but cannot guarantee that such access will never be interrupted as a result of technical or other unforeseen problems. MTFX reserves the right to suspend or terminate access to the Secure Area at any time and without prior notice.

12. TERMINATION OF ACCESS TO WEBSITE

    You may terminate your access to the Secure Area of the Website at any time by giving us 48 hours written notice by email of your intention to change or terminate your username and password. In the event that you suspect that any person has gained access to your username and password without your authorization, you should contact us immediately on the telephone number on this Website.

13. ACCOUNT RECORDS IN THE SECURE AREA

    You should check your account records carefully and promptly report to us as soon as you become aware of any payments that you think are errors or are payments that you did not authorize or you think were made by someone else without your permission.

14. ERRORS OR MISTAKES IN THE SECURE AREA

    You must notify us promptly if you become aware that you have made a mistake while booking a transaction online or if you become aware of any delays or mistakes in processing your transactions on the part of MTFX.

15. FEE DISCLOSURE

    MTFX may receive fees for advertising on the Website and in any email newsletters that might be sent to you. MTFX may have a financial interest in the outcome or success of the offers of financial products mentioned in this Website.

16. INDEMNITY BY YOU

    You fully indemnify and hold harmless MTFX and its officers, employees and agents in respect of any loss, damage, cost or expense which they may sustain or incur arising from or related to the improper use of the Website by you or your authorized representatives.

17. EXTERNAL LINKS

    The Website may contain links to other websites which are not maintained or controlled by MTFX ("third party sites"). MTFX makes no representations or warranties whatsoever about any third party site. The Website provides these links as a convenience only. A link does not imply endorsement of, sponsorship of, or affiliation with the linked site. MTFX accepts no responsibility for the content or use of any third party site. If you link to any third party site, you leave the Website and do so entirely at your own risk.

18. USE OF “COOKIE” FEATURES

    MTFX reserves the right to store information on a user's computer in the form of a "cookie" or similar file for purposes of modifying the Site to reflect users' preferences.

19. SECURITY

    MTFX employs secure encryption technology, but cannot guarantee that the Website will always be free of viruses or bugs or that any communication between you and the Website is secure from interception by third parties.

20. ALTERATIONS TO THE WEBSITE

    MTFX reserves the right to alter without notice the content, appearance and Services offered on the Website, provided always that, in the event of any inconsistency, the terms of the Master Foreign Exchange Agreement that you enter into with MTFX shall prevail.

21. PRIVACY

    The privacy policy on the Website forms part of this agreement.

22. GENERAL

    MTFX reserves the right to change, without notice, the terms and conditions under which the Service is offered. You are responsible for regularly reviewing the Terms of Use.

23. JOINT PARTNERSHIP

    You agree that no joint venture, partnership, employment, or agency relationship exists between us as a result of this Terms of Use or use of this Web site.

24. UNENFORCEABLE PROVISION

    If any part of this Terms of Use is determined to be invalid or unenforceable pursuant to applicable law including, but not limited to, the warranty disclaimers and liability limitations set forth above, then the invalid or unenforceable provision will be deemed superseded by a valid, enforceable provision that most closely matches the intent of the original provision and the remainder of the Terms of Use shall continue in effect.