LEGAL INFORMATION AND TERMS OF USE OF THE INTERNET WEBSITE

Moneytrans is the trading name of MONEYTRANS PAYMENT SERVICES S.A., a Belgian Payment Institution with registration number BE.449.356.557, duly authorised and supervised by the National Bank of Belgium (www.nbb.be). Our head office is established at Boulevard de Waterloo 77/01 at 1000 Brussels, Belgium.

MONEYTRANS PAYMENT SERVICES S.A (hereinafter referred to as « Moneytrans ») is responsible for the development, the operation and the content published on its transactional website (hereinafter referred to as « the website of Moneytrans », « the Moneytrans Website » or « the website »), which can be accessed via the following Internet address: https://www.moneytrans.eu/

The present Terms of Use govern the access to the Moneytrans website and the online use of the products and services provided through it. Together with our Privacy Policy, which specifically governs the processing of personal data collected about the online customers, they form the contractual relationship between MONEYTRANS and the users of the Moneytrans website (hereinafter also referred to as “the website users” and/or “the online customers”).

The website users may have to accept specific terms of use applying to certain specific products and services made available on the Moneytrans website. Such additional terms will be notified to the website users when they order the relevant products and services, and they will require their separate consent.

The Terms of Use applicable to the session during which the user utilises the Moneytrans website are those which are posted at the same time on the website. We therefore recommend to the users to print or to download a copy of the general Terms of Use applicable to their online operations executed via the website, and to keep it for future reference.

The nullity of one or more provisions of the present Terms of Use shall have no impact on the validity, scope or enforceability of any of the remaining provisions.

The provisions of the present Terms of Use apply without prejudice to any mandatory, legal or regulatory provisions that may also be applicable.

The products and services available on the Moneytrans website are only intended to be used by individuals aged 18 years or over and who are legally residing -or at least have a payment card- issued in Belgium (or in one of the other EU countries where the platform is operational). By making use of the products and services provided on the Moneytrans website, the user confirms meeting the aforementioned criteria of age and of residence -or of territoriality of their means of payment that will be used on the Moneytrans website.

The information posted on the Moneytrans website is provided without guarantee or liability on the part of MONEYTRANS, except in the case of gross or intentional negligence by MONEYTRANS. It is only valid on the date of its posting on the website and MONEYTRANS cannot guarantee its accuracy, absence of errors, completeness and/or timeliness.

The information, simulations and tariffs available on the Internet website are provided exclusively for information purposes and independently of any specific contractual and/or unilateral commitment entered into by MONEYTRANS. They can in no case be considered as a recommendation or a direct offer for the sale and/or purchase of products and services, unless they are accompanied by a purchasing order validated by the website user. Hence, they only from an element of assessment for the website users, who remain free to decide and solely responsible for the use they make of them.

MONEYTRANS takes all reasonable measures to provide accurate and up to date information on its website. MONEYTRANS may modify, at any time and without prior notice, products and services made available on its website, or interrupt the access to all or parts of the website, among others in order to update its content.

To access the secured areas of the Moneytrans website and to utilise the online services, the user must register (create a “user account”) by providing personal identification details. By agreeing to register with the Moneytrans website, the user declares agreeing with the terms of MONEYTRANS’ Privacy Policy, which governs the processing of personal data collected about the website users, in addition to the present Terms of Use. The user also declares being aged 18 years or more and legally residing in the EU country from where he/she uses the website.

The online customers must provide accurate and truthful information when registering with the website. They shall also be responsible for promptly updating any personal data previously provided to MONEYTRANS, especially in case of changesrelating to their address of residence, identity document, telephone number and/or email address.

MONEYTRANS may ask at any time to the registered users of its website to provide documents evidencing their identity or their address of residence. When the use of certain online services requires it, the users shall also agree to providing a copy of their identity document and/or of any other document that may be required for the delivery of certain online financial services. The Internet website shall display a message inviting the online customer to upload a digital copy of their identity document or of any other supporting document in their file, as may be necessary.

Each website user may only hold one registered account. The means of access to such an account are strictly personal and may in no case be shared with third parties, including with other family or household members.

The use of the Moneytrans website and of the online products and services is strictly intended for private purposes. In the case where the user wishes to use the online services for business purposes, he/she must immediately inform MONEYTRANS of such an intended purpose, by contacting our Customer Service as set out in Section 13.

MONEYTRANS reserves the right to restrict at any time the access to any or all parts of its website, or to cancel a pending transaction in any of the following cases:

• The online customer refuses to provide valid identification documents or provides incomplete or inaccurate identification data;
• The online customer uses the website services for abusive, fraudulent or illegal purposes, and/or,
• He/she violates the conditions of the present Terms of Use or otherwise causes a prejudice to the integrity, the security and/or the reputation of the website.

As part of the registration process, the website user will be invited to choose a combination of a username and a password, which will thereafter constitute his/her personal access codes to the protected parts of the website. Such access codes are strictly personal and confidential. Each website user is the sole responsible for their use and must refrain from disclosing them to any third party. The personal access codes may only be disclosed in the secured login area available on the main page of the Moneytrans website published on https://www.moneytrans.eu/. MONEYTRANS or its employees will never ask to registered online customers to disclose their personal access codes to them by phone or by e-mail. The online customers should disregard and immediately report to MONEYTRANS any situation whereby they are requested to provide their personal access codes via an email or a third-party website. The website users are additionally responsible for ensuring that their access codes are not stored on their browser software or are not recorded in any other way on the hard disk of the personal computer they use to access the Moneytrans website.

Registered website users may ask at any time to modify or to suppress their personal access codes to the Moneytrans website. They shall also immediately inform MONEYTRANS in case they notice an unauthorized use of their access codes, or any other breach in the security of their user account. MONEYTRANS shall endeavor to promptly modify or revoke the personal access codes of a registered user, upon receiving such a request. Until then and except in the case of gross or intentional negligence by MONEYTRANS, the users shall be solely responsible for any direct or indirect damage that may result, for them or for MONEYTRANS or for third- parties, of any use, whether fraudulent or not, made by them or by a third-party, of their personal access codes on the Moneytrans website.

Except in the case of gross or intentional negligence on its part, Moneytrans cannot be held liable for any direct or indirect damages incurred by the website user, which would result from the use of the website or from the impossibility to use it, whatever the reason.

MONEYTRANS shall thus not be responsible, among others, for any direct or indirect damages caused by:

1. The interruption of the access to the website and/or delays or losses in data transmission caused by disturbancesin the communication systemsthat are not under the control of MONEYTRANS (such as power cuts, interruptions in the phone lines or connection problems caused by the Internet access provider of the user or by a specific software installed on the user’s computer);
2. The unauthorized access and/or fraudulent use of the Internet website using the personal access codes of the user, made possible by a negligence on the part of the user (caused, for instance, by the inadequate protection of the confidentiality of his/her access codes against theft or against the transmission of computer viruses);
3. The fraudulent use of a payment card on the Moneytrans website;
4. The occurrence of any event of force majeure.

MONEYTRANS shall in no case be liable, beyond the amount invoiced to the customer on the Internet website, of any direct or indirect damages caused by the delay in the execution or by the partial or non-execution of an order placed for a product or service via the Moneytrans website, regardless of whether such damages were caused by the negligence of its employees or its foreign correspondents or by any other reason.

In the case where a product or service ordered online could not be delivered within a reasonable timeframe (3 working days) due to a failure in the service operated by MONEYTRANS, MONEYTRANS shall reimburse the total amount invoiced to the website user at the time of his/her order placed via the Moneytrans website.

International money transfer orders initiated via the Moneytrans website are subject to transaction fees, transaction limits and payment conditions that vary depending on the country of destination of the funds.

A foreign exchange rate also applies to money transfer orders, which are paid in a different currency than the Euro in the country of destination. In such cases, the amount of the transaction will be converted into the relevant foreign currency at the time of initiating the money transfer order via the Moneytrans website, and the exact amount to be received by the beneficiary in the foreign currency will also be indicated on the online transaction form.

The website user can simulate at any time the conditions applicable to a money transfer operation by using the “calculator” tool, which is available on the section of the Moneytrans website dedicated to the online money transfer service.

In addition to the transaction fees, MONEYTRANS may also keep the difference between the currency exchange rate it receives and the currency exchange rate it applies to online money transfer operations initiated via its website. MONEYTRANS also reserves the right to apply more favourable exchange rates to online transactions initiated via its website than those applied to the operations of the customers of its physical points of sale in Belgium.

By validating an online money transfer order, the website users confirm agreeing to the financial and payment conditions applicable to their transactions, as described on the Moneytrans website. The website users also
declare that the personal identification data provided about them as well as about the designated beneficiaries of their funds abroad is accurate in all respects. MONEYTRANS reserves the right to request additional information about the users of the online money transfer service, or to suspend or cancel a pending transaction for any of the reasons listed in section 4 above.

The sender of a remittance has the right to cancel their transaction, provided that it has not already been paid at the destination. To cancel a transaction in progress, the user must connect to his account on the secure section of the website, locate the order concerned in his transaction history and request its cancellation via the tab available on the site. The user may alternatively notify his cancellation request to MONEYTRANS via one of the means of communication provided for in Article 11.

In the case where the website user requests the cancellation of an order following a failure in the service provided by MONEYTRANS, MONEYTRANS shall reimburse the total amount invoiced to the customer at the time of the online order (transaction fees included), provided that the service ordered has not already been delivered. In all other cases and provided again that the ordered product or service whose cancellation is requested has not been delivered yet, MONEYTRANS shall reimburse to the customer the amount charged at the time of the online order, excluding the transaction fees, which shall remain due.

The registered website users may also open a payment account and initiate payment transactions via the Moneytrans website, in countries where these payment services are made available. Furthermore, only those customers having their residence in the country where the services are provided and who are duly identified
based on a valid ID and a recent proof of address can request a payment account with us.

The use of payment accounts and of the related payment services is subject to the acceptance ofseparate Terms
of Use which are published in the relevant sections of the Moneytrans website.

MONEYTRANS reserves all property and intellectual property rights on the Moneytrans website itself as well as on all its components, including but not limited to any text, illustration, layout and computer programs published on it or underlying it. The website users benefit from a non-exclusive license to use the Moneytrans website, which only give them the right to access the contents of the Moneytrans website, consult the information posted on it and use the services provided online, in a regular way and solely for private purposes. On the other hand, no property or other intellectual property right is by any means transferred to the website user.

Any extraction and/or reuse of all or parts of the contents of the Moneytrans website, in any form or by any meansis strictly prohibited without MONEYTRANS’ prior written consent. Similarly, any trade mark, label and logo posted on the Moneytrans website are the exclusive property of MONEYTRANS and cannot be reproduced in any form or manner, without the prior written consent of MONEYTRANS.

MONEYTRANS does not provide any guarantee and cannot be held responsible for any hypertext link created by third party websites onto the Moneytrans website, or inversely embedded on the Moneytrans website and leading to third-party websites, nor can it be held liable for the content ofsuch third-party websites. The referred hyperlinks do not indicate in any way that MONEYTRANS is affiliated or associated to the relevant third-party websites or that these are authorized to use the commercial name, logo or symbols of MONEYTRANS.

The Internet users expressly recognize thatthey shall be solely responsible for the use they might make ofsuch third-party websites, and they declare being fully aware that these websites are governed by other Terms of Use and Privacy Policy than those applicable to the Moneytrans website.

Any communication relating to the use of the Moneytrans website should be preferably sent by email to [email protected].

Depending on their country of residence, the customers can also contact the following local Customer Support Centres managed by sister companies operating under the licence of Moneytrans payment Services S.A.:

Belgium or Germany: Moneytrans Payment Services S.A. +32 2 227 18 20 [email protected]
France: Moneytrans France SASU + 33 809 549 788 [email protected]
Italy: Money Trans Italia S.R.L +39 22 87 01 25 [email protected]
The Netherlands: Moneytrans B.V. +31 6 24 82 01 10 [email protected]

If the complaint relates to an unauthorized or erroneously transaction executed via a payment account held with Moneytrans, the client must comply with the procedure provided in the separate Terms & Conditions governing the use of Smile Accounts.

If the customer is not satisfied with the follow-up given to his complaint by Moneytrans, They can initiate a mediation procedure by contacting the Ombudsman in financial disputes in Belgium, by post to the following address: OMBUDSFIN, King Albert II Boulevard 8, box 2, 1000 Brussels, Belgium, or, online: www.ombudsfin.be/en/individuals/introduce-complaint/ or by email at [email protected]

Any communication containing personal data, questions, comments and/or suggestions, which is addressed to MONEYTRANS shall be considered as non-confidential, subject to the duty of discretion of MONEYTRANS and of the legal rights of privacy of the website users. Pending respect of the same legal provisions, MONEYTRANS shall have the right to reuse, copy, modify or reproduce, in any form, through any means and for any purpose, any communication received from the website users, within up to ten years of their transmission.

Data of a personal nature which is communicated to MONEYTRANS by the website users shall be processed in accordance with the terms of our Privacy Policy. By agreeing to the present Terms if Use, the website user also accepts the terms of our Privacy Policy, which includes the use of cookies by MONEYTRANS.

For more information about the cookies generated by the website of MONEYTRANS and their use, kindly refer to our Policy on Cookie Use.

The laws and regulations governing the provision of financial services require from financial institutions such as MONEYTRANS to verify the identity of the customers of its financial services and to refrain from processing financial operations in case of doubts relating to the legality of the source of funds and/or of the purpose of the transactions placed by the customers. Occasionally, the users of online financial services provided via the Moneytrans website may be required to provide additional documents necessary to verify their identity and the legal origin of their funds transacted online. Transactions may also be suspended or cancelled in the event where MONEYTRANS cannot obtain from its customers evidence needed to meet its legal obligations.

These Terms of Use and any other provisions governing the contractual relationship with the users of the Moneytrans website are subject to the Belgian law. Only the courts of the judicial district of Brussels are competent in the event of disputes, except in the cases where the competent courts are determined by other applicable legal or regulatory provisions.

These General Terms of Use have been published on the Moneytrans website on July 28th, 2023. They enter into
force the day of their publication.