Privacy Policy

<h1>Terms and Conditions</h1><p><strong>These Terms and Conditions were last updated on the 13th of April 2022.</strong></p><p><br></p><p>These Terms and Conditions (the “Terms”) define the relation with You (“You”) as you interact with our website and/or executing a purchase. If You do not agree to be bound by these Terms, do not access or use the website. If these Terms are considered an offer, acceptance is expressly limited to these Terms.</p><p>References in this Terms and Conditions (the “Terms”) to “SimpleSwap”, “Service”, “Application”, “App” relate to the website, available at https://simpleswap.io, operated by SimpleSwap Ltd. (The correspondent address of the Company shall be at the offices of с/о Hermes Corporate Services Ltd., Fifth Floor, Zephyr House, 122 Mary Street, George Town, P.O. Box 31493, Grand Cayman KY1 1206, Cayman Islands)</p><p>We reserve the right to change these Terms at any time without notice, so please check them regularly. Your continued use of or access to the website constitutes acceptance of any changes which we might undertake to these Terms from time to time subject to no prior notification.</p><p>You hereby accept that electronic communication is the only way of communication adopted hereby subject to these Terms and your use of the website.</p><p>Please refer to our Privacy Policy regarding submission of the personal information through the website.</p><p><br></p><h3>Your Commitments</h3><p>By agreeing to these Terms, You represent and warrant that: (a) your age is 18 or older; and (b) the products Your purchase will not be used in any illegal or unauthorized way in any jurisdiction of the world; and (c) You are able to bear any and all expenses which might occur while getting access to and using the website. Providing that violation of any of the above statements by You shall entitle us to immediately terminate the services and your access to the site.</p><p>You agree to provide current, complete and accurate purchase and account information for all purchases made at our website. You agree to promptly update your information, including your email address and other necessary details, so that we can complete your transactions and contact you as needed.</p><p>You are prohibited from using the website or its content: (a) for any unlawful purpose; (b) to solicit others to perform or participate in any unlawful acts; (c) to violate any international, federal, provincial or state regulations, rules, laws, or local ordinances; (d) to infringe upon or violate our intellectual property rights or the intellectual property rights of others; (e) to harass, abuse, insult, harm, defame, slander, disparage, intimidate, or discriminate based on gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability; (f) to submit false or misleading information; (g) to upload or transmit viruses or any other type of malicious code that will or may be used in any way that will affect the functionality or operation of the services or of any related website, other websites, or the Internet; (h) to collect or track the personal information of others; (i) to spam, phish, pharm, pretext, spider, crawl, or scrape; (j) for any obscene or immoral purpose; or (k) to interfere with or circumvent the security features of the service or any related website, other websites, or the Internet. We reserve the right to terminate your access to the website for violating any of the prohibited uses.</p><p><br></p><h3>Product Description</h3><p>We attempt to be as accurate as possible, however, we do not warrant that product descriptions or other content of the website is accurate, complete, reliable, current, or error-free. Any reliance on the material on this website is at your own risk. We reserve the right to modify the contents of this website at any time, but we have no obligation to update any information on our website. We reserve the right to limit the quantities of any products or services that we offer. We reserve the right to discontinue any product at any time. We reserve the right, but are not obligated, to limit the sales of our products to any person, geographic region or jurisdiction.</p><p>We may change the pricing for the products listed on this website at any time subject to no notification. We shall not be liable to You or to any third-party for any modification, price change, suspension or discontinuance of access to the website or services.</p><p>We reserve the right to refuse service to anyone for any reason at any time. We reserve the right to refuse any order you place with us. We may, in our sole discretion, limit or cancel quantities purchased per person, per household or per order. We reserve the right to limit or prohibit orders that, in our sole judgment, appear to be placed by dealers, resellers or distributors.</p><p>While we have made every effort to ensure continuity and security of the Services, we are unable to completely foresee and hedge legal, technological and other risks including but not limited to force majeure, virus, hacker attack, system instability, flaw in third-party services, act of government, etc. that may result in service interruption, data loss and other losses and risks.</p><h3>Purchase Bonus</h3><p>For the activity on the website and the purchases undertaken via the website we retain the right but not an obligation to grant you a purchase bonus. We usually grant a purchase bonus in the form of a token. Token represents your right to purchase a limited number of branded items on our website with the value of the token granted. The value of the token depends on your purchase history and will be determined at our own discretion. The token is only permitted to be used for purchases of a limited number of specifically marked goods on our website.</p><p>We reserve all rights, title and interest, and all related intellectual property rights in and to the tokens produced by us. You only are granted a limited, revocable, non-transferable license to use the token, and you agree that you do not own them.</p><p>In no way can the token or its value be exchanged with us or anyone else for real money (traditional currency, any other open digital currency), goods, other items, or services of monetary value, except of stated hereunder. The transfer of token is prohibited except where expressly authorized hereunder. Other than expressly authorized hereunder you shall not sell, redeem or otherwise transfer token to any person or entity, another website user or any third party. Value and availability of tokens are subject to change without notice. The token is not an instrument of exchange and payment, which please note.</p><p>We may manage, regulate, control, modify or eliminate available tokens as well as goods available to purchase with tokens, at any time with our notice. We shall have no liability to you or any third party in the event that we exercise any such rights.</p><p><br></p><h3>Risk of Loss</h3><p>All purchases of physical items from the website are made pursuant to a shipment contract. This means that the risk of loss and title for such items passes to You upon our delivery to the carrier.</p><p><br></p><h3>Return Policy</h3><p>Please refer to our customer support team for information on the return policy.</p><p><br></p><h3>Copyright</h3><p>All content included in or made available through the website, such as text, graphics, logos, button icons, images, audio clips, digital downloads, data compilations, and software is our property and protected by international copyright laws. The compilation of all content included in or made available through the website is our exclusive property protected by international copyright laws.</p><p><br></p><h3>Content</h3><p>You may post reviews, comments other content, send communications, so long as the content is not illegal, obscene, threatening, defamatory, invasive of privacy, infringing of intellectual property rights (including publicity rights), or otherwise injurious to third parties or objectionable, and does not consist of or contain software viruses, political campaigning, commercial solicitation, chain letters, mass mailings, or any form of "spam" or unsolicited commercial electronic messages. You may not use a false e-mail address, impersonate any person or entity, or otherwise mislead. We reserve the right to remove or edit such content, but do not regularly review posted content. You grant us a nonexclusive, royalty-free, perpetual, irrevocable, and fully sublicensable right to use, reproduce, modify, adapt, publish, perform, translate, create derivative works from, distribute, and display such content throughout the world in any media.</p><p><br></p><h3>Disclaimer And Limitation Of Liability</h3><p>THE SERVICES AND ALL INFORMATION, CONTENT, MATERIALS, PRODUCTS INCLUDED ON OR OTHERWISE MADE AVAILABLE TO YOU THROUGH THE WEBSITE ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE OPERATION OF THE SERVICES, THE INFORMATION, CONTENT, MATERIALS, PRODUCTS INCLUDED ON OR OTHERWISE MADE AVAILABLE TO YOU THROUGH THE WEBSITE. YOU EXPRESSLY AGREE THAT YOUR USE OF THE WEBSITE AND SERVICES IS AT YOUR SOLE RISK.</p><p>WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. TO THE FULL EXTENT PERMISSIBLE BY LAW, WE WILL NOT BE LIABLE FOR ANY DAMAGES OF ANY KIND ARISING FROM THE USE OF SERVICES, OR FROM ANY INFORMATION, CONTENT, MATERIALS, PRODUCTS MADE AVAILABLE TO YOU THROUGH THE WEBSITE, INCLUDING, BUT NOT LIMITED TO DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, AND CONSEQUENTIAL DAMAGES.</p><p><br></p><h3>Miscellaneous</h3><p>SEVERABILITY. In the event that any provision of these Terms is determined to be unlawful, void or unenforceable, such provision shall nonetheless be enforceable to the fullest extent permitted by applicable law, and the unenforceable portion shall be deemed to be severed from these Terms, such determination shall not affect the validity and enforceability of any other remaining provisions.</p><p>ENTIRE AGREEMENT. The failure to exercise or enforce any right or provision of these Terms shall not constitute a waiver of such right or provision. These Terms and any policies or operating rules posted by us on this website constitute the entire agreement and understanding between you and us, superseding any prior or contemporaneous agreements, communications and proposals, whether oral or written, between you and us.</p><p>GOVERNING LAW. These Terms and your use of the website will be governed by and construed in accordance with the laws of England and Wales. By agreeing to the Terms, You acknowledge that You are required to resolve any claim that You may have against us on an individual basis in arbitration. You agree to notify us of any dispute within 30 days of when it arises, that you will attempt informal resolution prior to any demand for arbitration and that arbitration will be conducted confidentially by a single arbitrator.</p><p>CONTACT INFORMATION. You may submit any questions, suggestions, issues, complaints to us to the following address:&nbsp;<a href="mailto:support@simpleswap.io" rel="noopener noreferrer" target="_blank" style="color: rgb(15, 117, 252);">support@simpleswap.io</a>.</p>

Terms and Conditions

Terms of Service

<h1>AML/KYC</h1><p><strong>These AML/KYC Terms were last updated on the 13th of April 2022.</strong></p><p><br></p><p>These KYC Terms constitute an integral part of SimpleSwap’s Terms of Service.</p><p>References in this AML/KYC Terms (the “Terms”) to “SimpleSwap”, “Service”, “Application”, “App” relate to the website, available at https://simpleswap.io, operated by SimpleSwap Ltd. (The correspondent address of the Company shall be at the offices of с/о Hermes Corporate Services Ltd., Fifth Floor, Zephyr House, 122 Mary Street, George Town, P.O. Box 31493, Grand Cayman KY1 1206, Cayman Islands)</p><p><br></p><h3>1. General provisions</h3><ul><li>These Policies of procedure for prevention of money laundering and terrorist financing, and compliance with international sanctions lay down requirements for screening the Clients in order to prevent entering into deals involving suspected money laundering and terrorist financing, and to ensure identification and reporting of such in case of existence of a risk determined by the Company. These AML/KYC Policies shall be applied in case of any issue related with money or financial transaction(s) is occurred.</li><li>The Rules are primarily based on the regulations of AML/KYC legislation applicable and international sanctions acts.</li></ul><p><br></p><h3>2. Application of due diligence measures</h3><ul><li>The Company shall determine and take due diligence measures using results of conducted international risk assessment and provisions of national risk assessment.</li><li>The Representatives shall pay special attention to circumstances that refer to Money Laundering or Terrorist Financing.</li><li>Depending on the level of the risk of the Client and depending on the fact whether the business relationship is an existing one or it is about to be established, the Company shall apply either normal KYC/AML measures, simplified KYC/AML measures or enhanced KYC/AML measures. The Company may also apply continuous KYC/AML measures to ensure ongoing monitoring of business relationships.</li><li>KYC/AML measures may include, but are not limited with, the following procedures:</li><li>Identifying the Client and verifying its identity using reliable, independent sources, documents or data, including e-identifying;</li><li>Identifying and verifying of the representative of the Client and the right of representation;</li><li>Identifying the Client's Beneficial Owner;</li><li>Assessing and, as appropriate, obtaining information on the purpose of the business relationship;</li><li>Conducting ongoing KYC/AML on the Client's business to ensure the Company’s knowledge of the Client and its source of funds is correct;</li><li>Obtaining information whether the Client is a PEP or PEP’s family member or PEP’s close associate;</li><li>Obtaining information from any third party, e.g. government authorities.</li><li>The Company may establish the source of wealth of the Client, where appropriate.</li><li>To comply with the KYC/AML obligation, the Company or any third party appointed by the Company shall have the right and obligation to:</li><li>request appropriate identity documents to identify the Client and its representatives;</li><li>request documents and information regarding the activities of the Client and legal origin of funds;</li><li>request information about beneficial owners of a legal person;</li><li>screen the risk profile of the Client, select the appropriate KYC/AML measures, assess the risk whether the Client is or may become involved in money laundering or terrorist financing;</li><li>re-identify the Client or the representative of the Client, if there are any doubts regarding the correctness of the information received in the course of initial identification.</li><li>The objective of the continuously applied KYC/AML measures is to ensure on-going monitoring of Clients. Conducting ongoing monitoring of the Business Relationship includes:</li><li>Keeping up-to-date the documents, data or information, obtained during taking KYC/AML measures;</li><li>Paying particular attention to Client’s actions, leading to criminal activity or money laundering or terrorist financing;</li><li>Paying particular attention to Client’s actions, leading to criminal activity or money laundering or terrorist financing;</li><li>The Company evaluates the substance and the purpose of the Client’s activities, in order to establish the possible links with money laundering or terrorist financing. The evaluation should result in an understanding of the purpose of the business relationship for the Client, the nature of the Client’s business, the risk levels of the Client and, if necessary, the sources of funds.</li></ul><p><br></p><h3>3. Identification of a person</h3><ul><li>Upon implementing KYC/AML measures the following person may be identified upon the Company’s sole discretion:</li><li>Client – a natural or legal person;</li><li>In case of a legal person, all relevant statutory documentation shall be presented upon the Company’s request;</li><li>Representative of the Client – an individual who is authorized to act on behalf of the Client;</li><li>Beneficial owner of the Client;</li><li>PEP – if the PEP is the Client or a person connected with the Client;</li><li>Source of wealth and source of funds;</li><li>Any other information the Company seems to be sufficient, e.g. supporting documents from the government authorities.</li><li>Documents that can be used for identification</li><li class="ql-indent-1">In case of Clients being natural persons and the representatives of Clients, the following documents can be used for identification:</li><li>Personal ID card (whether ID card, e-resident card or residence permit card);</li><li>Passport or diplomatic passport;</li><li>Travel document issued in a foreign country;</li><li>The Representative shall make a copy of the page of identity document which contains personal data and photo.</li><li>In addition to an identity document, the representative of a Client shall submit a document in the required format certifying the right of representation.</li><li class="ql-indent-1">Legal person and its passive legal capacity shall be identified and verified on the basis of the following documents:</li><li>in case of legal persons registered in England and Wales and branches of foreign companies registered in England and Wales, the identification shall be conducted on the basis of an extract of a registry card of commercial register;</li><li>foreign legal persons shall be identified on the basis of an extract of the relevant register or a transcript of the registration certificate or an equal document, which has been issued by a competent authority or body not earlier than six months before submission thereof.</li></ul><p><br></p><h3>4. Risk assessment and action steps</h3><ul><li>The Representative will establish a risk profile of a Client based on information gathered under the Rules.</li><li>The Company applies the following risk categories:</li><li>Normal risk;</li><li>Medium Risk</li><li>High risk.</li><li>The Company is entitled to apply any combination of AML/KYC procedures based on a risk category of a Client and on a risk-based approach to each Client of the Company.</li><li>In accordance with the applicable laws and the requirements of international organizations, the Company may, where appropriate and without the obligation of obtaining the Client’s approval or notifying the Client, notify regulating and/or law enforcement agencies of any suspicious transactions.</li><li>The Company shall periodically refer to and consult the lists published by the local authorities and international organizations that contain lists of known terrorists or persons suspected of terrorist activities, terrorist organizations, high-risk countries, a limited list of countries subject to the OFAC sanctions, jurisdictions that do not provide sufficient level of anti-money laundering procedures, as well as countries subject to sanctions to determine whether the Company’s Client, and/or such Client’s country of jurisdiction is included in the above lists.</li></ul><p><br></p><h3>5. Client’s covenants</h3><ul><li>The Client hereby certifies that they have read and understood this Policy, and the Client shall operate in full compliance with the requirements and standards outlined in the Policy and comply with all applicable laws and other regulations and requirements governing its activities as a Client of the Company.</li><li>The Client acknowledges that they are responsible for their actions in accordance with the effective laws in the field discussed in this Policy and shall bear responsibility pertaining to failure to comply with such laws.</li></ul>