Terms & Conditions

BELMONEY TERMS AND CONDITIONS

Regulatory Information

Belmoney S.A., with registered office at Avenue Louise 54, 1050 Ixelles, Belgium, and company number 0540.745.997 RPM Brussels, is an authorized payment institution supervised by the National Bank of Belgium (NBB) under Directive (EU) 2015/2366 on payment services (PSD2).

Belmoney is also subject to Belgian and EU legislation on Anti-Money Laundering and Counter Terrorist Financing (AMLD), the General Data Protection Regulation (GDPR – Regulation (EU) 2016/679), and applicable consumer protection laws.

Definitions

For the purposes of this Agreement:

  • “Agreement” means these Terms & Conditions, together with the Privacy Policy and Cookie Policy.
  • “Belmoney”, “we”, “us”, or “our” refers to Belmoney S.A.
  • “Customer”, “you”, or “your” refers to the individual using Belmoney’s Services.
  • “Services” means money transfer, foreign exchange, Remittance as a Service (RaaS), correspondent activities (the HUB), and online remittance via the “Happ” app.
  • “Transaction” means a payment order executed by Belmoney on behalf of a customer.
  • “Sender” means the person instructing Belmoney to send money.
  • “Beneficiary” means the person designated to receive the funds.
  • “Funding Instrument” means a debit card, credit card, or bank transfer used to pay for a Transaction.
  • “Business Day” means any day banks in Belgium are open for business, excluding weekends and public holidays.
  • “High-Risk Country” means a jurisdiction designated as high-risk by the EU, FATF, or Belgian authorities.
  • “Restricted Activities” means activities prohibited under Section 7.3.

1. OUR AGREEMENT WITH YOU

1.1 Parties Involved

These Terms and Conditions (“Agreement”) govern your use of the online payment services provided by Belmoney SA (“Belmoney”, “we”, “us”, “our”), a payment institution authorized and supervised by the National Bank of Belgium, registered at Avenue Louise 54, 1050 Ixelles, Belgium, company number 0540.745.997.

By creating a Profile and/or using the Services, you agree to be bound by this Agreement.

1.2 Related Documents

This Agreement should be read together with our Privacy Policy and Cookie Policy (together, the “Policies”). The Policies describe how we process personal data and use cookies and similar technologies.

1.3 Access to this Agreement and Policies

The current versions of this Agreement and the Policies are available on our website/app. Please download and keep a copy. We may update them in accordance with Section 18.

1.4 Acceptance of Terms

You accept this Agreement by ticking to accept during registration or before initiating a transaction, or by continuing to use the Services.

1.5 Key Information You Should Review

Please pay particular attention to:

  • Section 4 (Sending Money) – how to fund and submit transfers.
  • Section 5 (Fees & FX) – service fees, exchange rates, and third-party charges.
  • Section 7 (Restrictions) – prohibited/restricted activities and our rights.
  • Section 9 (Errors/Refunds) – how to report issues and when refunds apply.
  • Section 14 (Liability) – limits and exclusions.
  • Section 18 (Changes) – how we change Services/terms consistent with applicable law.

IMPORTANT: By continuing to use our Services, you signify your understanding and acceptance of the terms outlined in this Agreement.

2. OUR SERVICES

2.1 Money Transfers

The Services enable customers resident in the EEA (and other supported locations listed on our website) to send funds to a Beneficiary via supported payout methods (e.g., account deposit, wallet, cash payout) in designated corridors. A “Transaction Amount” is the amount you fund; the “Payout Amount” is what the Beneficiary receives, net of applicable fees and FX.

2.2 Intended Use

The Services are intended for personal, consumer use (peer-to-peer and family support). Use for commercial payments or for persons you do not know, or trust is not permitted unless explicitly allowed by Belmoney.

2.3 Third-Party Agreements

The Services may rely on third-party Service Providers (banks, processors, pay out agents, telecom providers). Your use of such services may be subject to additional terms imposed by those providers.

3. GETTING STARTED AND USING OUR SERVICES

3.1 Profile Creation

You must create a Profile to use the Services. A Profile is not a bank or payment account and does not hold funds.

3.2 Registration

You must provide accurate information and complete KYC as required (see Section 8). You may need to create security credentials and install our app.

3.3 Individual Use

You must act on your own behalf and not on behalf of others.

3.4 Keep information up to date

You must keep your details (including residency address) accurate and up to date and promptly notify changes. Changes in residency may affect eligibility and applicable terms.

3.5 Eligibility

To use the Services, you must: (a) accept this Agreement; (b) be 18+; (c) be resident in a supported country (as listed on our website); and (d) complete identity verification and other checks.

3.6 Restricted Persons and Territories

You may not use the Services if you are subject to sanctions or in jurisdictions we do not support. We may apply enhanced due diligence or decline transactions involving high-risk jurisdictions consistent with AML/CFT laws (see Section 7.2).

3.7 Single Profile

You may hold one Profile. We may limit multiple emails or instruments linked to a single individual.

4. SENDING MONEY

4.1 Funding instruments

You may fund a transfer by card (credit/debit) or bank transfer (e.g., SEPA), as made available. By selecting a card, you: (a) authorize charges for the Transaction Amount and fees; (b) confirm the card is valid and lawfully yours; and (c) authorize us to verify with the issuer.

4.2 Bank funded payments

Pay from a bank account in your own name using the reference/instructions we provide, within the specified timeframe. You are responsible for providing correct amounts and references.

4.3 If funding is incorrect

If payment is late, from an ineligible account, for an incorrect amount, or with wrong references, we may: (a) delay or cancel the Transaction; (b) refund subject to checks; (c) suspend/terminate the Services; or (d) comply with any legal/regulatory process impacting refunds.

4.4 Processing

Submitting a transfer is an offer to us. We may accept or decline in our discretion (consistent with law and this Agreement). The Services are for consumer use only.

4.5 Transaction execution time (indicative)

Execution depends on corridor, payout method, bank cut-offs, controls, and time zones. Estimated times will be shown before you confirm. Times are indicative and not guaranteed. For example:

  1. Brazil Account Deposit - Immediately
  2. Brazil PIX - Immediately
  3. International Account Deposit - Same day if made during the day. The operations made after 16:00 PM (CET) will be paid on the following day.
  4. e-Wallet Deposits - 3 hours
  5. Cash pick-ups - Available immediately for withdrawal in the corresponding agency
  6. Home delivery - 24h
4.6 Information we need

We require: (a) accurate Sender/Beneficiary details; (b) cleared funds; (c) your consent; and (d) completion of any identity/limit/AML checks. If checks are pending, processing may be delayed.

4.7 Card authorization

You authorize charges to your selected card. If a payment attempt fails, we may retry using the same instrument, in accordance with network rules and your issuer agreement.

4.8 Transaction Information

Please check all details before confirming; changes may not be possible afterwards. Refunds/cancellations are handled under Section 9.

4.9 Accuracy

Ensure all Transaction details are accurate as changes might not be possible after submission. Refunds or cancellations may be possible under specific circumstances.

4.10 Other protections

Your card or bank provider’s agreement may give you additional protections (e.g., chargeback rules). Refer to that agreement.

5. PAYING FOR OUR SERVICES AND CURRENCY EXCHANGE

5.1 Service fee

You agree to pay the Service Fee displayed before you confirm. Fees may be deducted from the Transaction Amount or charged separately.

5.2 Payment methods

Pay only via the methods we disclose (e.g., supported cards or bank transfers). We are not obliged to accept other payment methods.

5.3 Additional charges

If our costs arise due to your funding instrument (e.g., insufficient funds, chargebacks), you agree to reimburse us on demand.

5.4 Currency conversion & exchange rates (IFRS 15 disclosure)

Where currency conversion applies, we will display the exchange rate and the resulting Payout Amount before you confirm. The rate disclosed must equal the rate applied. Belmoney, acting as Merchant of Record and principal under IFRS 15, records gross revenue and may earn a spread on FX. If there is any discrepancy between the disclosed and applied rate, we will correct it and arrange reimbursement of the difference. Repeated manipulation or mis-disclosure by any partner may lead to suspension or termination under Section 7.4.

5.5 Third-party fees

Your bank, card issuer, telecom or internet provider may charge fees (e.g., cash-advance or international fees). You are responsible for these.

5.6 Taxes

You are responsible for any taxes arising from your use of the Services, in accordance with applicable law.

6. RECEIVING MONEY

6.1 Service providers

Funds are made available to Beneficiaries through Belmoney’s network of local banks, financial institutions, and authorized agents (“Service Providers”). Service Provider locations, hours, and availability may vary. Funds not collected within 60 calendar days are cancelled and refunded to the Sender (less applicable fees).

6.2 Verification

Beneficiaries must present valid government identification and any reference number provided by Belmoney or its Service Providers. Service Providers may impose additional verification requirements in compliance with local regulations.

7. IMPORTANT SERVICE RESTRICTIONS

7.1 Right to refuse transactions

Belmoney may refuse or suspend any Transaction to protect Customers, comply with regulatory obligations, or mitigate risk.

7.2 High-risk countries

Transactions involving High-Risk Countries are subject to enhanced due diligence. Belmoney may suspend, delay, or refuse such Transactions at its sole discretion.

7.3 Restricted activities

Customers may not use Belmoney Services for illegal purposes, gambling, controlled substances, adult content, or other prohibited activities.

7.4 Actions we may take
  • Suspend or terminate Profiles
  • Delay, cancel, or reverse Transactions
  • Report suspicious activity to authorities

Customers will be notified where legally possible.

8. DATA PROTECTION AND PRIVACY

8.1 Privacy and Cookie Policies

Processing of personal data is governed by Belmoney’s Privacy and Cookie Policies, available on our website.

8.2 Cross-border transfers

Personal data may be transferred outside the EEA. Adequate safeguards (e.g., EU Standard Contractual Clauses) will apply.

8.3 Customer identification

In compliance with AMLD, Belmoney collects and verifies personal data, including identity documents, proof of address, and information about the source of funds.

8.4 Disclosure to authorities

Belmoney may disclose data to regulators, law enforcement, or judicial authorities as required by law.

9. ERROR, CANCELLATIONS, AND REFUNDS

  • Error Resolution: Customers must notify Belmoney promptly of any unauthorized or incorrect Transaction within 13 months.
  • Cancellation: Transactions may be cancelled before completion. Completed Transactions are non-refundable, except where required by law.
  • Refunds: Refunds are credited to the original Funding Instrument. Exchange rate differences will not be compensated.
  • Tracing Payments: Customers may request payment traces within the EEA.

10. AGREEMENT DURATION AND TERMINATION

  • Cooling-Off Period: Customers may cancel this Agreement within 14 days of acceptance without penalty.
  • Termination: Either party may terminate the Agreement with one month’s written notice.
  • Post-Termination: Belmoney may retain Customer data as required by law.

11. INTELLECTUAL PROPERTY

Belmoney owns all intellectual property rights related to its Services, trademarks, and software. Customers are granted a limited, non-exclusive, revocable license to use Belmoney’s app and website for personal, non-commercial use.

12. DISCLAIMERS

  • Services may occasionally be unavailable due to maintenance or regulatory obligations.
  • Belmoney is not responsible for disputes between Customers and third-party merchants.
  • While Belmoney applies security measures, it cannot guarantee absolute protection from unauthorized access.

13. CUSTOMER RESPONSIBILITY FOR LOSSES

Customers are responsible for losses caused by:

  • Breach of this Agreement.
  • Misuse of Services.
  • Fraudulent or negligent activity.

14. BELMONEY’S LIABILITY

14.1 General Responsibility

We are liable for foreseeable loss and damage caused by our failure to comply with this Agreement or to use reasonable care and skill. We aren't responsible for unforeseeable loss or damage, or loss caused by your breach or fraudulent actions.

14.2 Defective Digital Content

Paid Digital Content: If supplied for a fee, we're liable for ensuring it's of satisfactory quality, fit for purpose, matches description, and without a general claim that we lack the right to supply it. Remedies may include repair, replacement, or compensation, subject to Agreement terms.

Damage to Device: We will repair damage or compensate if defective digital content damages your device due to our failure to use reasonable care and skill. Exceptions exist if damage could be avoided by applying a free update, not following instructions, or not meeting system requirements.

14.3 Exceptions to Liability Limits

Our liability is limited except in cases involving death, personal injury, fraud, or fraudulent misrepresentation. In these instances, we acknowledge our legal responsibilities as required by applicable law.

14.4 Exclusion of Certain Losses

We aren't liable for business-related losses or losses from our disbursement partners. Our services are for domestic and private use.

14.5 Compliance, Act of God and Force Majeure

We shall not be held liable for any losses or damages arising from our compliance with legal and regulatory obligations or due to 'Events Outside Our Control.' These events are unforeseeable and beyond our reasonable control, and may include occurrences such as strikes, natural disasters, and significant network disruptions.

14.6 Definition of Act of God and Force Majeure

'Events Outside Our Control' are defined as extraordinary events or circumstances beyond our reasonable control. These may encompass, but are not limited to, severe weather conditions, epidemics, pandemics, unavoidable technical failures, and essential system maintenance.

15. DISPUTE RESOLUTION AND GOVERNING LAW

15.1 Dispute Resolution

In the event of any disputes arising from or relating to the services provided by Belmoney, customers are encouraged to first report their concerns directly to the Company. We prioritize addressing and resolving issues amicably between you, the customer, and Belmoney. Detailed information on how to file a complaint, including the contact details and procedures, is available on our website.

15.2 Alternative Dispute Resolution

Unresolved disputes may be referred to Ombudsfin (Belgium). This process involves an independent third party who will review the dispute and propose a solution.

Escalation Steps:

  • Contact Belmoney’s customer support to attempt direct resolution ([email protected] )
  • If unresolved, escalate the dispute to Belmoney’s dedicated dispute resolution team ([email protected])
  • If still unresolved, proceed to engage Ombudsfin.

Belgian Ombudsfin (Financial Services Ombudsman) Contact Details:

Address: Bd Roi Albert II 8, 1000 Bruxelles, Belgium
Phone: +32 2 545 77 70
Email: [email protected]

European Online Dispute Resolution Platform:

Customers also have the option to use the European Online Dispute Resolution (ODR) platform, which is designed to assist consumers and traders in resolving their online disputes. This platform can be accessed at ec.europa.eu/odr.

15.3 Governing Law

The terms and conditions of use for Belmoney online services shall be governed by and construed in accordance with Belgian law, without regard to its conflict of law provisions.

16. CUSTOMER SECURITY OBLIGATIONS

16.1 Importance of security

Security Measures: Belmoney prioritizes user security, employing various measures to ensure information safety. Caution in Transactions: Users are advised to exercise caution when sending money, especially to unfamiliar entities. Deals or offers that seem too good to be true should be approached with caution.

16.2 User obligations for safe usage
  • Safekeeping Funding Instruments and Credentials: Users are responsible for safeguarding Funding Instruments and Security Credentials (e.g., password).
  • Non-Disclosure: Users must not share Funding Instruments or Security Credentials, except during the use of Belmoney's Services.
  • Secure Password Practices: Users should avoid writing passwords in easily understandable ways and choose strong, non-guessable passwords.
  • Device Security: Devices used for Belmoney's Services should have virus checks and firewall protection.
  • Prompt Notification: Users must promptly notify Belmoney of any service failures, delays, malfunctions, viruses, or errors.
  • Contingency Planning: Users should have contingency plans to address service unavailability or system failures.
  • Compliance with Instructions: Users are required to follow Belmoney's instructions for keeping Funding Instruments and Service usage secure.
16.3 Biometric access

Fingerprint Access: Belmoney may offer the functionality to use biometric information, like fingerprint scanning, for Service access.

Device Requirements: Users need a compatible device with the Belmoney app and enabled applications for biometric scanning.

Responsibility for Security: Users are responsible for ensuring that only their biometric information is registered on the device.

16.4 Compromised service notification
  • Immediate Contact: Users should contact Belmoney immediately if they suspect fraud, unauthorized use, or compromised Services usage.
  • Reporting Inappropriate Use: Users are encouraged to report any inappropriate use of the Service by contacting [email protected].
  • Phishing Emails: Users should forward any fake (phishing) emails purportedly from Belmoney to [email protected].

17. CHANGES TO SERVICES AND AGREEMENT

17.1 Changes to the services

Service Adjustments: Belmoney may introduce additional service functionalities or adjust for reasons such as software maintenance, bug fixes, or security threats.

Subject to Agreement Terms: Additional services are subject to the terms of this Agreement or other terms and conditions provided during their availability.

17.2 Changes to this agreement

Modification Authority: Belmoney reserves the right to make changes to this Agreement. User's Termination Right: Users have the right to terminate the Agreement without charge in response to changes.

17.3 Reasons for changes

Various Reasons: Changes may be made for reasons such as correcting errors, reflecting new products or services, responding to legal requirements, and adapting to industry standards.

17.4 Notification of changes

Communication Method: Changes are communicated by posting the revised Agreement on Belmoney's website and/or app.

17.5 Unilateral changes by Belmoney

Material Change Definition: Users are given at least 2 months' notice of a Material Change, and they can terminate the Agreement without charge within this notice period.

18. OTHER TERMS

18.1 Enforcement flexibility

Delayed Enforcement: The fact that we may not immediately enforce certain provisions or take immediate action against a breach of this Agreement does not waive our right to enforce those provisions or act later. For instance, if we provide Services despite a delayed payment, we can still request payment later.

18.2 Severability clause

Legal Findings: If any court or relevant authority deems any part of this Agreement unlawful, the remaining sections will remain valid and enforceable. Each section operates independently.

18.3 Transfer of agreement

Rights and Obligations Transfer: We reserve the right to transfer our rights and obligations under this Agreement to another organization. Users will be notified of such a transfer, and they can terminate the Agreement if dissatisfied with the transfer.

18.4 User's transfer of rights

Consent Requirement: Users can only transfer their rights or obligations under this Agreement to another person with our express written consent. Our consent may be restricted by legal and regulatory obligations, including anti-money laundering laws.

18.5 Rights enforcement

Third-Party Rights: This Agreement is a binding contract between the user and Belmoney. No other person, except as explained in section 13 (Compensation you may owe us), has the right to enforce its terms.

18.6 Compensation Scheme Clarification

No Compensation under Scheme: As Belmoney is not obligated to be part of any government compensation scheme, no compensation would be available under such a scheme in the unlikely event that Belmoney cannot meet its liabilities.

1. About Us

Roze Int (Pvt) Ltd trading as Roze Remit provides online money remittance services to UK customers. We are authorised by the Financial Conduct Authority as an Authorised Payment Institution, FRN 670097, and supervised by HMRC for AML compliance, MSB registration XJML00000135157. Our principal contact details are [email protected] and +44 2039947333. Postal address: 14 High Street, Barkingside, Ilford, IG6 2DF, United Kingdom. We operate digitally via our website and mobile apps; we do not accept cash or agent-based payments.

1. Definitions

  • Account means your user profile registered with Roze Remit.
  • App means our mobile application and web portal.
  • Beneficiary means the person who receives the money you send.
  • Business day means a day when UK banks are open for business.
  • Compliance hold means a temporary pause to complete legal, regulatory, security, or risk checks.
  • Funding method means Open Banking payment or a 3-D Secured card issued in your name.
  • Payout network means our banking and payment partners used to deliver funds to the beneficiary.
  • Rate-lock window means the period shown at checkout during which a quoted exchange rate will apply once we have received cleared funds and completed initial screening.
  • Transfer means a single request to send money to a beneficiary using our service.
  • We, us, our refers to Roze Int (Pvt) Ltd trading as Roze Remit.
  • You, your refers to the customer using our service.

4. Eligibility And Permitted Use

You must be at least 18 and resident in a Supported Sending Country. You must register in your own name and fund transfers only from a bank account or 3-D Secure card held in your name. The service is for personal use only; we do not permit business, commercial, payroll, contractor, merchant, or invoice payments, and we do not onboard business customers. Third-party funding, anonymous funding, cash, agents, bearer instruments, and virtual-asset activity are not accepted. We may restrict destinations, payout methods, or amounts at any time to comply with law or risk rules. We may decline registration or transfers that do not satisfy our identity, address, or fraud-screening checks.

5. Your Account

You must provide accurate information and keep it current. Keep your login, one-time codes, and device secure; do not allow anyone else to use your account. Tell us immediately if you suspect unauthorised access. We will contact you through the app, email, or SMS regarding security, verification, or service updates; by using the service you consent to electronic communications and records. We may suspend, restrict, or close your account to protect you or us, to comply with law, or where we suspect misuse, fraud, or security issues.

6. Verification And Compliance Checks

We verify identity and address and run anti-money-laundering and sanctions screening before and during use of the service. We use trusted third-party verification providers to perform document authenticity, biometric liveness, sanctions/PEP screening, and electronic address checks. These include ID Analyzer and comparable vendors such as Onfido. Our providers act under our instructions and process your data for verification, fraud prevention, and compliance as described in our Privacy Policy.

6.1. Identity verification

We may ask for a government-issued photo ID and a selfie/liveness check to confirm you are the rightful holder. We may run database checks and security screening to validate identity information.

6.2. Address verification

We may verify address by:

  1. document proof of address (for example, bank statement, utility bill, council tax bill, or government letter) dated within three months, showing your full name and residential address; or
  2. electronic verification using reputable data sources (for example, electoral roll, credit reference agency records, or other verified datasets). Electronic checks may leave a soft-search footprint and do not affect your credit score.

6.3. Ongoing screening and monitoring

We screen customers and transfers against sanctions/PEP lists and run transaction-monitoring checks for unusual patterns, linked activity, or other risk indicators. We may request additional documents at any time, for example bank statements, source of funds, source of wealth, purpose of transfer, or relationship to the beneficiary.

6.4. Enhanced due diligence

We apply enhanced checks where risk is higher, including but not limited to large or unusual activity, high-risk corridors, adverse media, politically exposed persons, or mismatches between funding and profile. Additional limits or cooling-off periods may apply until checks are completed.

6.5. Timeframes and outcomes

If we request information, you must provide it within the timeframe we specify. We review complete submissions within 24–48 hours of receipt and resume processing once checks are satisfied. If you do not provide information, if we cannot complete checks, or if risk remains unacceptable, we may cancel the transfer and refund the original payment method in line with the Refund Policy. Where the law restricts us, we may be unable to explain specific reasons for our decision.

6.6. Country-specific requirements

Additional verification methods, document types, or timelines may apply depending on your country of residence and destination corridor. These are set out in the applicable Jurisdiction Annex and in our FAQs. We do not support transfers to sanctioned or otherwise restricted jurisdictions.

7. Funding Methods And Authorisation

You may fund transfers only using the funding methods shown at checkout for your country of residence. These typically include Open Banking or local bank transfer rails and 3-D Secure cards in your name. We do not accept cash, cheques, prepaid vouchers, or virtual assets. The name on the funding account or card must match your Roze Remit profile.

By confirming a payment, you authorise us and our payment partners to initiate and collect the payment amount, including fees, and to debit or credit your account as necessary to complete, reverse, or refund a transfer. Card payments may involve a pre-authorisation and subsequent capture. We may require strong customer authentication and may reject payments where name, device, or risk checks fail. If a payment is reversed or charged back, you remain liable to us for the transfer amount, fees, and any associated costs; we may recover these from your account or from future payments.

8. Exchange Rates And Fees

Rates and fees are shown before you confirm. The exchange rate becomes fixed when we have received cleared funds and initial screening has cleared, subject to any rate-lock window shown at checkout. If the lock window expires before processing, we will ask you to re-confirm the new rate; if you do not accept, the transfer will be cancelled and refunded in line with the Refund Policy.

Our fees may include a transfer fee and an FX margin. We may change fees or margins; material changes will be shown before you confirm. Receiving institutions, correspondent banks, or payout networks may deduct their own charges that are outside our control; these can reduce the amount received by the beneficiary. If a corridor offers a guaranteed delivery amount, this will be shown explicitly at checkout; otherwise the beneficiary amount is an estimate based on the information available at the time of confirmation. Promotions or discounted pricing may be time-limited and subject to eligibility rules.

9. Transaction Limits

We apply limits per customer, per transaction, and over rolling periods. Limits may also vary by corridor, destination, funding method, verification status, and risk. We may tighten limits or apply cooling-off periods to manage fraud or compliance risk.

You may request a higher limit by providing additional information or documents (for example, enhanced identity and address evidence, bank statements, source of funds or wealth, purpose of transfer, and relationship to the beneficiary). Submissions are reviewed once complete; approval is not guaranteed and may be restricted to specific corridors or timeframes.

Attempts to split transactions or otherwise circumvent limits or controls may result in refusal, account restrictions, or reporting to authorities. We may aggregate multiple accounts we reasonably believe are linked to you for the purpose of applying limits and monitoring.

10. Transaction Processing Time And Holds

Our service is designed for fast processing. Most transfers complete within three hours once we have received cleared funds and initial screening has cleared. Some transfers may take up to 24 hours. Processing begins when payment is successful and initial screening has cleared. Bank or network maintenance, public holidays in the sending or destination country, or checks by payout partners may extend timelines.

We may place a compliance or security hold where required by law or to protect you and us. Typical reasons include identity or address verification, sanctions or PEP screening, unclear or missing source-of-funds evidence, unusual patterns, beneficiary-bank checks, or partner network issues.

If a hold is applied, we will notify you in-app and by email within 24 hours. If documents are required, we review complete submissions within 24–48 hours of receipt and resume processing once checks are satisfied.

If a hold exceeds any rate-lock window shown at checkout, we will re-confirm the rate with you before proceeding. If you do not accept the new rate, the transfer will be cancelled and refunded in line with the Refund Policy.

11. Beneficiary Details And Payout

You are responsible for providing accurate beneficiary information, including full name, account or wallet details, bank identifiers, and destination country. Incorrect or incomplete details may cause delay, rejection, or loss; we are not responsible for losses arising from information you provide incorrectly.

We send funds via our payout network using the method you select at checkout. Payout times depend on the destination country, method, and receiving institution. In some corridors, the receiving institution may require additional checks before releasing funds; these are outside our control.

If you request a change to beneficiary details after confirmation, we will try to assist, but changes are not guaranteed once processing has started. We may charge reasonable costs if we need to recall, amend, or trace funds.

12. Cancellations And Refunds

You can request cancellation before payout. We will use reasonable efforts to stop the transfer, but cancellation is not guaranteed once processing has begun. After payout, a recall is unlikely; if attempted, success depends on the receiving institution and beneficiary consent.

If a transfer is cancelled or rejected (for example, due to failed checks, incorrect details, or partner rejection), we will refund to the original payment method in accordance with the Refund Policy. Posting times depend on your bank or card issuer.

Where a refund is due after currency conversion, we will refund in the original funding currency. We are not responsible for exchange-rate movements after cancellation, bank or card issuer posting delays, or charges applied by third parties.

If your card issuer reverses or charges back a payment, you remain liable to us for the transfer amount, fees, and any associated costs. We may recover these from your account or future payments.

13. Safety And Fraud

We will never ask you to move money “to a safe account,” share one-time codes, disclose your full card details by chat or email, or install remote-access software. Only pay from a bank account or 3-D Secure card in your own name. If anyone pressures you to send money or to keep a transfer secret, stop and contact us immediately.

We use layered fraud controls including device risk checks, behavioural analysis, sanctions and PEP screening, and stepped-up verification. Where we suspect scams or account takeover, we may pause or cancel transfers and ask for more information.

Once a transfer is paid out, recovery is often not possible. If you believe you have been scammed, contact your bank and us without delay, and consider reporting to the police or your local fraud authority. See our Scam Awareness page for practical guidance.

14. Prohibited Use

You must not use the service for business, commercial, payroll, contractor, merchant, or invoice payments. You must not fund on behalf of a third party or allow anyone else to use your account. The service must not be used for illegal activity, sanctions evasion, money laundering or terrorist financing, virtual-asset funding where not expressly permitted, gambling where prohibited, unlicensed investment or trading schemes, or to disguise the origin or beneficiary of funds.

You must not provide false or altered documents, use a VPN or obfuscation to defeat location checks, split transfers to bypass limits, or open multiple accounts to circumvent controls. We may refuse, reverse, or report activity we reasonably believe breaches these rules.

15. Data Protection

We act as controller of your personal data for onboarding, providing the service, performing fraud and financial-crime checks, customer support, and legal compliance. We process identity and contact data, document images and biometrics for liveness where applicable, funding and transaction data, device and security data, and communications with us.

We share data with trusted processors who help us verify identity and address, screen for sanctions and PEPs, process payments, provide customer support tools, and run our systems. These include identity-verification providers such as ID Analyzer and comparable vendors like Onfido, payment partners for Open Banking and cards, and service providers for secure hosting, communications, and analytics. Our processors act under our instructions and must protect your data.

Our legal bases include performance of contract, compliance with legal obligations, and our legitimate interests in preventing fraud and financial crime. Where required, we will seek your consent, for example for optional marketing.

We keep AML and transaction records for the periods required by law and then delete or anonymise them. You have rights over your data including access, rectification, restriction, portability, and objection where applicable. Full details, contact information for our data protection contact, international transfer safeguards, retention periods, and your local regulator are set out in our Privacy Policy and the Jurisdiction Annex that applies to your country of residence.

16. Service Availability And Third Parties

The service may be unavailable or degraded during maintenance windows, peak demand, bank/public holidays, or third-party outages (for example, banking networks, card schemes, identity or payout partners). We use reasonable skill and care to provide the service and to select and oversee our suppliers, but some events are outside our control. Where practicable, we will post notices in-app or by email about planned maintenance or material incidents and provide updates on resolution. We may add, change, or retire features or corridors to comply with law, security requirements, or partner rules. Using the service requires a compatible device, internet access, and up-to-date software; performance may vary by device and network.

17. Liability

We are responsible for foreseeable loss and damage caused by our failure to use reasonable skill and care in providing the service. If we fail to execute a transfer correctly, we will refund the transfer amount and fees or re-execute it where possible.

We are not responsible for loss or damage that is not foreseeable, that is caused by your breach of these Terms, by inaccurate information you provide (for example, beneficiary details), by your failure to keep your account secure, or by events outside our control (including third-party outages, regulatory actions, or force majeure). We are not liable for lost profits, loss of business, goodwill, or any indirect or consequential loss.

Except where the law says otherwise, our aggregate liability to you for all claims arising out of or in connection with the service in any 12-month period will not exceed the total fees you paid to us in that period plus the value of the affected transfer(s). Nothing in these Terms excludes or limits liability that cannot be excluded or limited by applicable law (for example, liability for fraud). Your statutory rights are not affected.

18. Complaints And Dispute Resolution

If you are unhappy, contact [email protected] or use the in-app help to open a ticket. We will acknowledge your complaint, investigate, and aim to resolve it as quickly as possible. We will keep you informed of progress and provide a final response within the timeframe set out in the Jurisdiction Annex that applies to your country of residence. If you remain dissatisfied after our final response—or if the timeframe has passed—you may escalate your complaint using the external dispute scheme or route described in the applicable Jurisdiction Annex (for example, the Financial Ombudsman Service for UK residents). Escalation windows and contact details are provided in that Annex. You can also seek redress through the courts specified in the Annex.

19. Changes To These Terms

We may update these Terms to reflect legal or regulatory changes, security needs, product improvements, or partner requirements. We will post the updated Terms in the app and on our website and notify you of material changes before they take effect. If you do not agree with a change, you may stop using the service and close your account before the effective date; continued use after that date means you accept the updated Terms.

20. Suspension And Termination

We may suspend or terminate your access where required by law, for security reasons, suspected fraud or misuse, breach of these Terms, non-payment, or to protect customers and our service. You may close your account at any time if no transfers are pending. Suspension or termination does not affect rights and obligations that have already arisen. We retain records as required by law and may continue to process data for compliance, fraud prevention, chargeback handling, and accounting. If a transfer is cancelled on suspension or termination, any refund will be made to the original funding method in line with the Refund Policy.

21. Governing Law And Language

These Terms are supplemented by the Jurisdiction Annex that applies to your country of residence. The governing law and courts, complaint timelines, and any mandatory consumer rights are set out in that Annex. These Terms are in English; where a local language version is provided, the English version controls if there is any inconsistency unless local law requires otherwise.

22. Jurisdiction Annexes And Incorporated Policies

The Jurisdiction Annexes form part of these Terms. By using the service you also agree to our Privacy Policy, Cookies Policy, Refund Policy, Scam Awareness page, and FAQs, each of which is incorporated by reference. If there is any inconsistency, the applicable Jurisdiction Annex prevails for mandatory local rights, then these Terms, then the incorporated policies.

Jurisdiction Annex — United Kingdom

Regulatory status

Roze Int (Pvt) Ltd trading as Roze Remit provides payment services in the United Kingdom as an Authorised Payment Institution (FRN 670097) and is supervised by HMRC for AML compliance (MSB registration XJML00000135157).

Complaints and Financial Ombudsman Service

We aim to resolve complaints promptly and issue a final response within eight weeks. If you remain dissatisfied after our final response, or if eight weeks have passed since you complained, you may refer your complaint to the Financial Ombudsman Service free of charge within six months. You can contact the FOS by phone on 0800 023 4567 or 0300 123 9123, by email at [email protected], or by post at Financial Ombudsman Service, Exchange Tower, London E14 9SR.

Governing law and courts

These Terms are governed by the laws of England and Wales. The courts of England and Wales have exclusive jurisdiction, without prejudice to any mandatory consumer rights you may have.

Country-specific notes

Funding methods are Open Banking or 3-D Secure cards in your name. We do not accept cash or agent payments. Identity and address may be verified using trusted providers (for example, ID Analyzer or Onfido) and electronic data sources; electronic checks may leave a soft-search footprint without affecting your credit score. Additional documents may be required for some corridors.

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