Disclaimer
All assets used for collateral must be legal and have verifiable sources of funds: All assets provided as collateral must comply with local regulations and not violate any laws. The sources of funds must be able to be legally proven.
Professional team review: Our professional team will review the collateral you provide. If any assets are found to be illegal or of unclear origin, we reserve the right to cancel the credit card. All outstanding balances shall be repaid immediately. Please note that the review process might require the submission of relevant supporting documents to verify the ownership and value of the assets.
Customer compliance with anti-money laundering regulations: As a customer, you must comply with all relevant anti-money laundering and counter-terrorism financing regulations. You acknowledge that f you use the Service in connection with illegal conduct, we reserve the right to report you to the appropriate law enforcement agency or agencies. We reserve absolute discretion to cancel/terminate the credit card. All outstanding balances shall be repaid immediately.
Compliant to tax regulations in different jurisdictions: You are required to comply with tax laws and requirements within different jurisdictions to ensure the compliance and accuracy of tax reporting. Please ensure that you are aware of and comply with all local income tax, capital gains tax, and other related tax regulations.
Collateral assets are held by an independent third-party licensed trustee: To ensure the security of collateral assets, all collateral will be held under strict custody and management by a licensed trustee institution.
Credit card account security: Please safeguard your credit card account information, including credit card number, expiration date, CVV, etc. Refrain from disclosing this information to others to avoid unnecessary risks.
Terms and conditions changes: We reserve the right to modify the terms and conditions of the asset-backed credit card program anytime without prior notice.
Legal obligations: This program is subject to local regulations. In case of any disputes or conflicts, it will be under the jurisdiction of local courts.
Please note that the above disclaimers are intended to ensure the compliance of our asset-backed credit card program with legal regulations. If you have any questions or require further clarification, please feel free to contact us.