GFX CARD TERMS & CONDITIONS

1. DEFINITIONS

  • “Card” means the personal debit card issued by the Company to the Client.
  • “Client” means an approved customer of the Company to whom the Card is issued.
  • “Account” means the Client’s trading or wallet account maintained with the Company.
  • “Issuer” means the Company or its authorized card-issuing partner.
  • “Card Network” means the payment network (e.g., Visa, MasterCard) under which the Card is issued.

2. PURPOSE AND USE

The Card is provided to enable the Client to access available balances in their trading Account for purchases of goods and services and to withdraw funds from ATMs as permitted. The Client must ensure that there are sufficient available funds in the Account to cover any transaction.

3. CARD ISSUANCE AND OWNERSHIP

The Card always remains the property of the Company or its Issuer. The Card is non-transferable and may only be used by the Client named on the Card. The Client must sign the Card immediately upon receipt and take all reasonable steps to safeguard it.

4. SECURITY AND PIN

The Client will receive a Personal Identification Number (PIN) or may set one via the Company’s security channels. The Client must keep the PIN confidential and must not share it with any third party. The Client is fully responsible for any unauthorized use of the Card resulting from failure to keep the Card and PIN secure.

5. FUNDING AND TRANSACTIONS

All transactions are subject to the available balance in the Client’s Account. The Company is not responsible if a transaction is declined due to insufficient funds or system unavailability. Certain transactions, such as foreign currency transactions, may be subject to fees and exchange rate charges as specified by the Company.

6. FEES AND CHARGES

Fees may apply for card issuance, ATM withdrawals, foreign currency transactions, or replacement cards, as detailed in the Company’s Fee Schedule. By using the Card, the Client authorizes the Company to deduct applicable fees directly from their Account.

7. LOSS, THEFT AND MISUSE

The Client must notify the Company immediately if the Card is lost, stolen, or misused. Until the Company is notified, the Client remains responsible for any transactions made using the Card. The Company may block or cancel the Card to prevent further unauthorized use.

8. STATEMENTS AND DISPUTES

The Client must review their Account statements regularly and promptly report any errors or unauthorized transactions. Any disputes must be reported within 3 days of the transaction date. Failure to do so may limit the Company’s ability to investigate or rectify the matter.

9. CARD EXPIRATION AND RENEWAL

The Card will expire on the date printed on it. Renewal or reissuance is at the discretion of the Company and may require the Client’s Account to be in good standing.

10. TERMINATION

The Company may suspend or terminate the Card at any time with or without cause, with reasonable notice where possible. The Client may cancel the Card by notifying the Company in writing and returning or destroying the Card.

11. LIMITATION AND LIABILITY

The Company shall not be liable for any refusal by a merchant or ATM to accept or honor the Card. The Company is not responsible for the quality or delivery of any goods or services purchased using the Card. The Company shall not be liable for any losses resulting from circumstances beyond its reasonable control, including system failures or third-party actions.

12. AMENDMENTS

The Company may amend these Terms and Conditions by providing prior notice to the Client via email, account portal, or other official channels. Continued use of the Card after any amendments constitutes acceptance of the revised Terms.

13. GOVERNING LAW

These Terms and Conditions are governed by and construed in accordance with the laws of Republic of Mauritius. Any disputes shall be subject to the exclusive jurisdiction of the courts of Mauritius.

12. ACKNOWLEDGEMENT

By activating or using the Card, the Client acknowledges that they have read, understood, and agreed to these Terms and Conditions.

Gilgamesh Financial Services

Contact: cs@gfxsecurities.com

Website: www.gfxsecurities.com