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In the Service Agreement, unless otherwise stated,
the following expressions shall have the following meanings:
"the Company" means Libertyreserve Fund, Inc;
"the Client" means the person who have registered an account
at Libertyreserve Fund;
The Service Agreement as set forth herein shall govern the relationship
between the Client and the Company and is effective immediately
after the Client have opened the Client's account at the Company
and shall be valid till the Client's account is closed
The Company does not provide advice on the suitability of the Company's
services offered for the Client's particular circumstances, nor
do the Company exercise any judgment on the Client's behalf, especially
relating to the tax position. It is the Client's responsibility
to take independent advice as to the suitability of facilities for
the Client's particular circumstances. No information on the Company's
web site should be considered a recommendation or solicitation to
invest in any particular service.
All funds are accepted and paid via Liberty Reserve,Alertpay,Pefectmoney
and Strictpay payment systems. The Company may add other payment
methods and/or digital currencies at any time at its sole discretion.
Minimum investment requirement is $1.00. There is no limit as per
the maximum investment. Investments in the account shall begin to
earn an interest from the next day after the investment is created
by the Client, in accordance with the Company's normal practice.
The Client is provided with a daily interest at variable rate that
depends on the size of investment.
All withdrawals are paid directly to the Client's digital currency
account within 1 - 24 hours after withdrawal request has been submitted
through the Libertyreserve Fund's Client account. The Client can only
request a withdrawal to a digital currency that he has previously
deposited from.
The Client is eligible for a 10% commission. The Company shall pay
the Client 10% affiliate commission for every investment made by
the Client's referred person. Affiliate commission is paid directly
into the Client's account balance at the Company. All additional
investments made by the Client's referred person will generate further
10% commission.
All interest income and funds withdrawal shall be paid TAX-FREE
at source. The Client understands and agrees that it is the Client's
responsibility to comply with any laws or regulations regarding
the establishment of an account or any interest and withdrawal paid
thereon in the Client's domicile or legal jurisdiction.
All items are credited to the account conditionally and are subject
to collection by the Company. The Client shall be responsible for
any exchange and handling fees, which may be incurred in connection
with any item and such fees shall be for account of the Client.
The offer and acceptance of the investments provided for herein
may be prohibited or limited in certain jurisdictions. It is understood
that it is the responsibility of the Client, or any person who is
considering making a investment in the Company, to inform himself
regarding, and to comply with, all the legal provisions and regulations
in force in his jurisdiction with respect to the making and delivery
of the investment, exchange controls, taxes and similar matters.
The Client must be legal age in their country to open an account
at the Company, and in all the cases the Client's minimal age must
be 18 years.
If the Client does not agree with the current account balance information
relating to the account transactions, he/she must inform the Company
immediately. If appropriate, the Client should send a claim to the
Company enclosing the copies of the necessary documents in the event
of a non-acknowledged transaction, a failed transaction or a problem
concerning the settlement of a transaction.The Company will examine
the claim within thirty (30) days after its receipt, and
if it refuses it, will give notice to the account holder concerning
the refusal,
any sum accepted after examination of the claim will be credited
to the Client's account with value date similar to the accounting
of the incorrect transaction
Failure to inform the Company about the claim shall constitute an
absolute acceptance and approval of the action or omission by the
Client.
The Company reserves the right not to act on instructions provided
by the Client if the Company is not satisfied as to their authenticity.
The Company reserves the right to contact the Client regarding withdrawal
requests or other transactions in order to perform security checks.
The Company will not be liable or responsible for the consequences
of any delay or any loss arising as a result of being unable to
contact the Client to complete the security checks.
The Company shall not be liable for any losses arising from delay
in the transmission of the funds due to causes beyond its control.
The Company shall not be held responsible for any losses or damages
occurring as a result of military force, political intervention,
the prescriptions of domestic or foreign authorities or events occurring
as a result of catastrophe or Act of God.
The Company shall have the right at any time to amend the Service
Agreement. Such amendments shall be notified to the Client by email
and in the absence of any written objections shall be deemed to
have been accepted after a period of one week has elapsed.
The contract between the Company and the Client, incorporating the
above Service Agreement, shall be governed and construed in accordance
with the laws of Belize. All parties to the contract agree to be
bound by the non-exclusive jurisdiction of Belize courts.
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