Legal Documents

Terms of Use governing the access
to and use of Dukascopy Payments SIA (EU) Website

PLEASE READ ALL OF THE FOLLOWING TERMS OF USE FOR THIS WEBSITE (hereinafter “TU”) BEFORE USING THIS SITE. By continuing to access, link to, or use this website, or any service accessible via this website, you signify YOUR ACCEPTANCE OF THE TU. DUKASCOPY PAYMENTS SIA (EU) (hereinafter “DUKASCOPY PAYMENTS”) reserves the right to amend, remove, or add to the TU at any time. Such modifications shall be effective immediately. Accordingly, please continue to review the TU whenever accessing, linking to, or using DUKASCOPY PAYMENTS website (hereinafter the “WEBSITE”). Your access, link to, or use of the WEBSITE, or any service accessible from the WEBSITE, after the posting of modifications to the TU will constitute YOUR ACCEPTANCE OF THE TU, as modified. If, at any time, you do not wish to accept the TU, you may not access, link to, or use the WEBSITE. Any terms and conditions proposed by you which are in addition to or which conflict with the TU are expressly rejected by DUKASCOPY PAYMENTS and shall be of no force or effect.

A. GENERAL TERMS

1. USER CONSENT TO THE TU

You represent that you have read and agree to be bound by the TU.

2. INTELLECTUAL PROPERTY

The WEBSITE, including but not limited to text, content, photographs, video, audio, links, software and graphics, is protected by copyrights, trademarks, service marks, international treaties, and/or other proprietary rights and laws of the Republic of Latvia and other countries. The WEBSITE is also protected as a collective work or compilation under European Union copyright and other laws and treaties. All individual articles, columns and other elements making up the WEBSITE are also copyrighted works. All trade and service marks, logos and any other marks, whether registered or unregistered, shown in Content are the property of their respective owners. You agree to abide by all applicable copyright and other laws, as well as any additional copyright notices or restrictions contained in the WEBSITE. You acknowledge that the WEBSITE has been developed, compiled, prepared, revised, selected, and arranged by DUKASCOPY PAYMENTS, its general and limited partners, and Dukascopy Bank SA subsidiaries, and their respective general partners and affiliates (collectively “DUKASCOPY”) and others (including certain other information sources) through the application of methods and standards of judgment developed and applied through the expenditure of substantial time, effort, and money and constitutes valuable intellectual property of DUKASCOPY PAYMENTS and such others. You agree to protect the proprietary rights of DUKASCOPY PAYMENTS and all others having rights in the WEBSITE during and after the term of this agreement and to comply with all reasonable written requests made by DUKASCOPY PAYMENTS or its suppliers and licensors of content, equipment, or otherwise (hereinafter “Suppliers”) to protect their and others’ contractual, statutory, and law rights in the WEBSITE. You agree to notify DUKASCOPY PAYMENTS in writing promptly upon becoming aware of any unauthorized access or use of the WEBSITE by any individual or entity or of any claim that the WEBSITE infringes upon any copyright, trademark, or other contractual, statutory, or law rights. All present and future rights in and to trade secrets, patents, copyrights, trademarks, service marks, know-how, and other proprietary rights of any type under the laws of any governmental authority, domestic or foreign, including rights in and to all applications and registrations relating to the WEBSITE ( hereinafter the “Intellectual Property Rights”) shall, as between you and DUKASCOPY PAYMENTS, at all times be and remain the sole and exclusive property of DUKASCOPY PAYMENTS. All present and future rights in and title to the WEBSITE (including the right to exploit the WEBSITE and any portions of the WEBSITE over any present or future technology) are reserved to DUKASCOPY PAYMENTS for its exclusive use. Except as specifically permitted by the TU, you may not copy or make any use of the WEBSITE or any portion thereof. Except as specifically permitted herein, you shall not use the Intellectual Property Rights or the WEBSITE, or the names of any individual participant in, or contributor to, the WEBSITE, or any variations or derivatives thereof, for any purpose, without DUKASCOPY PAYMENTS prior written approval.

3. RESTRICTIONS ON USE

You may not use the WEBSITE for any illegal purpose, for the facilitation of the violation of any law or regulation, or in any manner inconsistent with the TU. Except written agreement between you and DUKASCOPY PAYMENTS, you agree to use the WEBSITE solely for your own non-commercial use and benefit, and not for resale or other transfer or disposition to, or use by or for the benefit of, any other person or entity. You agree not to use, transfer, distribute, or dispose of any information contained in the WEBSITE in any manner that could compete with the business of DUKASCOPY PAYMENTS or any of its Suppliers.

You may not use the WEBSITE for any illegal purpose, for the facilitation of the violation of any law or regulation, or in any manner inconsistent with the TU. Except written agreement between you and DUKASCOPY PAYMENTS, you agree to use the WEBSITE solely for your own non-commercial use and benefit, and not for resale or other transfer or disposition to, or use by or for the benefit of, any other person or entity. You agree not to use, transfer, distribute, or dispose of any information contained in the WEBSITE in any manner that could compete with the business of DUKASCOPY PAYMENTS or any of its Suppliers.

You may not input, distribute, upload, post, email, transmit or otherwise make available any content through the WEBSITE that: (i) is promotional in nature, including solicitations for funds or business, without the prior written authorization of DUKASCOPY PAYMENTS, or constitutes junk mail, spam, chain letters, pyramid schemes or the like; (ii) is unlawful, harmful, threatening, abusive, harassing, tortious, defamatory, vulgar, obscene, libellous, invasive of another’s privacy, hateful, or racially, ethnically or otherwise objectionable; (iii) you do not have the right to make available under any law or under contractual or fiduciary relationships (such as inside information, proprietary and confidential information learned or disclosed as part of employment relationships or under nondisclosure agreements); (iv) infringes any patent, trademark, trade secret, copyright or other proprietary rights of any party; (v) contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of any computer software or hardware, or telecommunications equipment; (vi) is harmful to minors; or (vii) constitutes the personally identifiable information of any other person that such person has not authorized you to disclose.

You may not use any of the trademarks, trade names, service marks, copyrights, or logos of DUKASCOPY PAYMENTS in any manner which creates the impression that such items belong to or are associated with you or are used with DUKASCOPY PAYMENTS consent, and you acknowledge that you have no ownership rights in and to any of such items.

You may neither interfere with nor attempt to interfere with nor otherwise disrupt the proper working of the WEBSITE, any activities conducted on or through the WEBSITE or any servers or networks connected to the WEBSITE. You may neither obtain nor attempt to obtain through any means any materials or information on the WEBSITE that have not been intentionally made publicly available either by public display on the WEBSITE or through accessibility by a visible link on the WEBSITE. You shall not violate the security of the WEBSITE or attempt to gain unauthorized access to the WEBSITE, data, materials, information, computer systems or networks connected to any server associated with the WEBSITE, through hacking, DDoS attack, password timing or any other means. You may neither take nor attempt any action that, in the sole discretion of DUKASCOPY PAYMENTS, imposes or may impose an unreasonable or disproportionately large load or burden on the WEBSITE or the infrastructure of the WEBSITE. You shall not use or attempt to use any “scraper,” “robot,” “bot,” “spider,” “data mining,” “computer code,” or any other automate device, program, tool, algorithm, process or methodology to access, acquire, copy, or monitor any portion of the WEBSITE, any data or content found on or accessed through the WEBSITE, or any other WEBSITE information without the prior express written consent of DUKASCOPY PAYMENTS. You may not forge headers or otherwise manipulate identifiers in order to disguise the origin of any other content.

You confirm having been informed and understood that the WEBSITE does not constitute in itself a service of DUKASCOPY PAYMENTS.

4. LICENSE

(i) You acquire absolutely no rights or licenses in or to the WEBSITE and materials contained within the WEBSITE other than the limited right to use the WEBSITE in accordance with the TU. Should you choose to download content from the WEBSITE, you must do so in accordance with the TU. Such download is licensed to you by DUKASCOPY PAYMENTS ONLY for your own personal, non-commercial use in accordance with the TU and does not transfer any other rights to you.

(ii) If you submit material to the WEBSITE or to DUKASCOPY PAYMENTS or its representative, unless DUKASCOPY PAYMENTS indicates otherwise, you grant to DUKASCOPY PAYMENTS a perpetual, nonexclusive, irrevocable, fully paid, royalty-free, sub-licensable and transferable (in whole or in part) worldwide right and license in any and all media, now known or later developed, to use, publish, reproduce, display, modify, transmit digitally, create derivative works based upon, distribute, copy, and otherwise exploit, such content for any purpose whatsoever (including, without limitation, advertising, commercial, promotional and publicity purposes) in DUKASCOPY PAYMENTS discretion without additional notice, attribution or consideration to you or to any other person or entity. You also permit any other WEBSITE’S user to access, store, or reproduce such material for that user’s personal use. You grant DUKASCOPY PAYMENTS the right to use the name that you submit in connection with such content. You represent and warrant that you own or otherwise control all of the rights to the material that you submit; that the material you submit is truthful and accurate; that use of the material you supply does not violate this TU and will not cause injury to any person or entity; and that you will indemnify DUKASCOPY PAYMENTS and its Suppliers, agents, directors, officers, employees, representatives, successors, and assigns for all claims resulting from material you supply. DUKASCOPY PAYMENTS and its Suppliers, agents, directors, officers, employees, representatives, successors, and assigns disclaim any responsibility and assume no liability for any material submitted by you or any third party.

5. FEES

Except express written agreement, the access to and use of the WEBSITE is free of charge and does not require to be a client of DUKASCOPY PAYMENTS or of Dukascopy Bank SA Group companies.

6. RESIDENCE AND LEGAL RESTRICTIONS

The WEBSITE provision is not aimed at residents of jurisdictions from which for whatever reason the access to and use of the WEBSITE or any part thereof is either prohibited or strictly regulated. If you are subject to such restrictions, you may not access and use the WEBSITE or any part thereof.

7. DISCLAIMER AND LIMITATION OF LIABILITY

(i) YOU AGREE THAT YOUR USE OF THE SERVICE IS AT YOUR SOLE RISK AND ACKNOWLEDGE THAT THE SERVICE AND ANYTHING CONTAINED WITHIN THE WEBSITE, INCLUDING, BUT NOT LIMITED TO, CONTENT OR ADVERTISEMENTS ARE BEING DEVELOPED AND PROVIDED “AS IS”, “AS AVAILABLE,” “WTH ALL ITS FAULTS”, AND THAT DUKASCOPY PAYMENTS MAKES NO WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE WEBSITE, INCLUDING, BUT NOT LIMITED TO ACCURACY, FUNCTIONALITY, PERFORMANCE, MERCHANTABILITY, QUIET ENJOYMENT, SYSTEM INTEGRATION, DATA ACCURACY, NON-INFRINGEMENT, TITLE, OR FITNESS FOR A PARTICULAR PURPOSE OR USE.

(ii) DUKASCOPY PAYMENTS does not warrant that the WEBSITE is compatible with your equipment or that the WEBSITE, or e-mail sent by DUKASCOPY PAYMENTS or its representative, is free of errors or viruses, worms or “Trojan horses,” or any other harmful, invasive, or corrupted files, and is not liable for any damage you may suffer as a result of such destructive features. You agree that DUKASCOPY PAYMENTS and its Suppliers, shareholders, agents, directors, officers, employees, representatives, successors, and assigns shall have no responsibility or liability for: (i) any injury or damages, whether caused by the negligence of DUKASCOPY PAYMENTS, their respective affiliates, Suppliers, agents, directors, officers, employees, representatives, general partner, subsidiaries, successors, and assigns, or otherwise arising in connection with the WEBSITE and shall not be liable for any lost profits, losses, punitive, incidental or consequential damages, or any claim against DUKASCOPY PAYMENTS by any other party; or (ii) any fault, inaccuracy, omission, delay, or any other failure in the WEBSITE caused by your computer equipment or arising from your use of the WEBSITE on such equipment. The content of other websites, services, goods, or advertisements that may be linked to the WEBSITE is not maintained or controlled by DUKASCOPY PAYMENTS. DUKASCOPY PAYMENTS is therefore not responsible for the availability, content, or accuracy of other websites, services, or goods that may be linked to, or advertised on the WEBSITE. DUKASCOPY PAYMENTS does not: (a) make any warranty, express or implied, with respect to the use of the links provided on, or to, the WEBSITE; (b) guarantee the accuracy, completeness, usefulness or adequacy of any other websites, services, goods, or advertisements that may be linked to the WEBSITE; or (c) make any endorsement, express or implied, of any other websites, services, goods, or advertisements that may be linked to the WEBSITE. DUKASCOPY PAYMENTS is also not responsible for the reliability or continued availability of the telephone lines, wireless services, communications media, and equipment you use to access the WEBSITE. You understand and acknowledge that DUKASCOPY PAYMENTS and/or third-party contributors to the WEBSITE may choose at any time to inhibit or prohibit their content from being accessed under the TU.

(iii) You acknowledge that: (i) the WEBSITE is provided for information purposes only; (ii) the WEBSITE may include certain information taken from stock exchanges and other sources from around the world; (iii) DUKASCOPY PAYMENTS does not guarantee the sequence, accuracy, completeness, fitness for a specific purpose or timeliness of the WEBSITE; (iv) the provision of certain parts of the WEBSITE is subject to the terms and conditions of other agreements to which DUKASCOPY PAYMENTS is a party; (v) none of the information contained on the WEBSITE constitutes a solicitation, offer, opinion, or recommendation by DUKASCOPY PAYMENTS to use, buy or sell any security or other financial instrument or service, or to provide legal, tax, accounting, or investment advice or services regarding the profitability or suitability of any security or service; and (vi) the information provided on the WEBSITE is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation. Accordingly, anything to the contrary herein set forth notwithstanding, DUKASCOPY PAYMENTS, its Suppliers, agents, directors, officers, employees, representatives, successors, and assigns shall not, directly or indirectly, be liable, in any way, to you or any other person for any: (a) inaccuracies or errors in or omissions from the WEBSITE including, but not limited to, quotes and financial data; (b) delays, errors, or interruptions in the transmission or delivery of the WEBSITE and/or any part of its content; or (c) loss or damage arising therefrom or occasioned thereby, or by any reason of non-performance.

(iv) UNDER NO CIRCUMSTANCES, INCLUDING BUT NOT LIMITED TO NEGLIGENCE, SHALL DUKASCOPY PAYMENTS, ITS SUPPLIERS, AGENTS, DIRECTORS, OFFICERS, EMPLOYEES, REPRESENTATIVES, SUCCESSORS, OR ASSIGNS BE LIABLE TO YOU FOR DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, PUNITIVE, OR EXEMPLARY DAMAGES EVEN IF DUKASCOPY PAYMENTS HAS BEEN ADVISED SPECIFICALLY OF THE POSSIBILITY OF SUCH DAMAGES, ARISING FROM THE USE OF OR INABILITY TO USE THE WEBSITE OR ANY LINKS OR ITEMS ON THE WEBSITE OR ANY PROVISION OF THE TU, SUCH AS, BUT NOT LIMITED TO, LOSS OF REVENUE OR ANTICIPATED PROFITS OR LOST BUSINESS. APPLICABLE LAW MAY NOT ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY OR INCIDENTAL OR CONSEQUENTIAL DAMAGES. IN NO EVENT SHALL DUKASCOPY PAYMENTS TOTAL LIABILITY TO YOU FOR ALL DAMAGES, LOSSES AND CAUSES OF ACTION (WHETHER IN CONTRACT OR TORT, INCLUDING BUT NOT LIMITED TO, NEGLIGENCE) EXCEED THE AMOUNT PAID BY YOU TO DUKASCOPY PAYMENTS, IF ANY, FOR ACCESSING THE WEBSITE.

8. YOUR AUTHORITY TO AGREE TO THIS TU

You understand and agree that accessing and using this Web site shall be interpreted and legally construed as acceptance of this agreement. By accessing this Web site, you represent, warrant and covenant that you have legal power and authority to enter into this agreement.

9. INDEMNIFICATION

You agree, at your own expense, to indemnify, defend and hold harmless DUKASCOPY PAYMENTS, its Suppliers, agents, directors, officers, employees, representatives, successors, and assigns from and against any and all claims, damages, liabilities, costs, and expenses, including reasonable attorneys’ and experts’ fees, arising out of or in connection with the WEBSITE, or any links on the WEBSITE, including, but not limited to: (i) your use or someone using your computer’s use of the WEBSITE; (ii) a violation of the TU by you or anyone using your computer (or account, where applicable); (iii) a claim that any use of the WEBSITE by you or someone using your computer infringes any intellectual property right of any third party, or any right of privacy or publicity, is libelous or defamatory, or otherwise results in injury or damage to any third party; (iv) any deletions, additions, insertions or alterations to, or any unauthorized use of the WEBSITE by you or someone using your computer; (v) any misrepresentation or breach of representation or warranty made by you contained herein; or (vi) any breach of any covenant or agreement to be performed by you hereunder. You agree to pay any and all costs, damages, and expenses, including, but not limited to, reasonable attorneys’ fees and costs awarded against or otherwise incurred by or in connection with or arising from any such claim, suit, action, or proceeding attributable to any such claim. DUKASCOPY PAYMENTS reserves the right, at its own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you will fully cooperate with DUKASCOPY PAYMENTS in asserting any available defense. You acknowledge and agree to pay DUKASCOPY PAYMENTS reasonable attorneys’ fees incurred in connection with any and all lawsuits brought against you by DUKASCOPY PAYMENTS under the TU and any other terms and conditions applicable to the access and use of the WEBSITE, including without limitation, lawsuits arising from your failure to indemnify DUKASCOPY PAYMENTS pursuant to the TU.

10. TERMINATION

You may terminate the TU, with or without cause and at any time, by discontinuing your access and use of the WEBSITE and destroying all materials obtained from the WEBSITE. You agree that, without notice, DUKASCOPY PAYMENTS may terminate the TU, or suspend your access to the WEBSITE, with or without cause at any time and effective immediately. The TU will terminate immediately without notice from DUKASCOPY PAYMENTS if you, in DUKASCOPY PAYMENTS sole discretion, fail to comply with any provision of the TU. DUKASCOPY PAYMENTS shall not be liable to you or any third party for the termination or suspension of the WEBSITE and/or access to the latter, or any claims related to the termination or suspension of the WEBSITE. Upon termination of the TU by you or DUKASCOPY PAYMENTS, you must discontinue your access and use of the WEBSITE and destroy promptly all materials obtained from the WEBSITE and any copies thereof.

11. APPLICABLE LAW AND JURISDICTION

The TU shall be governed by and construed in accordance with the laws of the Republic of Latvia as the sole and exclusive governing law. Any dispute, controversy or claim arising out of, or in relation to, the TU, including the validity, invalidity, breach, or termination thereof, shall be resolved exclusively by the Courts of the Republic of Latvia. You expressly agree to submit to the jurisdiction of such Courts for all purposes. This provision, however, shall not prevent DUKASCOPY PAYMENTS from launching a legal action in other relevant jurisdiction.

This Section shall survive any termination of the TU.

12. MISCELLANEOUS

You accept that DUKASCOPY PAYMENTS has the right to change the accessibility, content or technical specifications of any aspect of the WEBSITE at any time in DUKASCOPY PAYMENTS’s sole discretion. You further accept that such changes may result in you being unable to access and/or use the WEBSITE. The failure of DUKASCOPY PAYMENTS to exercise or enforce any right or provision of the TU shall not constitute a waiver of such right or provision. Sections 2 through 13 shall survive any termination of the TU.

In case of discrepancy between the English version of the WEBSITE and other language versions of the WEBSITE, the English version shall prevail. Translations of the WEBSITE in other languages are not binding on DUKASCOPY PAYMENTS.

13. HEADINGS

The section titles in the TU are used solely for the convenience of you and DUKASCOPY PAYMENTS and have no legal or contractual significance.

14. SEVERABILITY

If at any time any provision of the TU is or becomes illegal, invalid or unenforceable in any respect under the law of any jurisdiction, that provision will be enforced to the maximum extent permissible and neither the legality, validity or enforceability of the remaining provisions of the TU under the law of that jurisdiction nor the legality, validity or enforceability of such provision under the law of any other jurisdiction shall be in any way affected

15. ENTIRE AGREEMENT

The TU and any other terms and conditions of use on the WEBSITE, and its successor, constitute the entire agreement between you and DUKASCOPY PAYMENTS and govern your use of the WEBSITE.

Where and to the extent You use additional services of the DUCASCOPY PAYMENTS, such use may be subject to additional agreements and/or terms of use.

16. TECHNICAL RECOMMENDATIONS

The Content with all its facilities may only be used provided certain hardware and system recommendations have been met:

(i) Operating System: Windows 98/NT 4.0/ ME /2000/XP; (ii) Browser: IE 5.5 or higher with either Java 1.1 or Java 1.4 (Browser must be JavaScript-enabled); (iii) Internet connection: 56 Kb/s or higher; (iv) CPU: 450 MHz or higher; (v) RAM: 128 Mb or higher; (vi) Web site is optimised for the Screen Area of 1024x756 pixels or higher and 256 colors or higher.

B. LINK THE WEBSITE

YOU MAY NOT LINK TO OR FRAME THE WEBSITE, OR ANY PORTION THEREOF, EXCEPT AS PROVIDED HEREIN OR WITH PRELIMINARY EXPRESS AND EVIDENCED CONSENT OF DUKASCOPY.

1. INTELLECTUAL PROPERTY

Upon linking to the WEBSITE pursuant to the TU, you will be granted a non-exclusive, non-transferable, royalty-free sub-license to use the DUKASCOPY PAYMENTS mark owned by Dukascopy Bank SA solely for providing an underlined, textual link from your website to www.dukascopy.bank/group/eu/. No other use of DUKASCOPY PAYMENTS’s marks, names or logos is permitted without express written permission from DUKASCOPY PAYMENTS.

2. RESTRICTIONS ON LINKING TO THE WEBSITE

Without limiting other provisions contained in the TU, you may include a link(s) on your website to www.dukascopy.bank/group/eu/ publicly accessible Web pages. You may not link to www.dukascopy.bank/group/eu/ any site containing an inappropriate, profane, defamatory, infringing, obscene, indecent or unlawful topic, name, material including but not limited to pictures, videos, or information that violates any applicable intellectual property, proprietary, privacy or publicity rights.