Terms of Service

Agreement to Terms

These Terms of Service ("Terms") constitute a legally binding agreement between you and iCloser Ltd. ("iCloser," "we," "us," or "our") governing your access to and use of the iCloser platform, including our website, mobile applications, and all related services (collectively, the "Services").

By accessing or using our Services, you agree to be bound by these Terms. If you do not agree to these Terms, you may not access or use our Services.

Eligibility

To use our Services, you must:

• Be at least 18 years of age
• Have the legal capacity to enter into a binding agreement
• Not be prohibited from using our Services under applicable laws
• Complete our identity verification (KYC) process
• Not be located in a jurisdiction where our Services are prohibited

Account Registration

To access certain features of our Services, you must create an account. When registering, you agree to:

• Provide accurate, current, and complete information
• Maintain and promptly update your account information
• Keep your login credentials secure and confidential
• Notify us immediately of any unauthorized access
• Accept responsibility for all activities under your account

Money Services Business Compliance

iCloser Ltd. operates as a federally registered Money Services Business (MSB) under FinCEN registration (MSB #31000311076673). Our money transmission activities are conducted in compliance with federal regulations.

Services Description

iCloser DID

Our Decentralized Identity service allows you to create and manage a verified digital identity. Your privacy and data protection are governed by GDPR-aligned policies and the Colorado Privacy Act 2023.

iCloser Visa Card

Our prepaid Visa card services are provided through partnerships with licensed banking institutions. iCloser Ltd. does not directly issue or manage any Visa-branded cards; card issuance is conducted solely by licensed banking partners.

VA Banking

Virtual account banking services enabling local bank accounts and worldwide transfers. Services are provided in partnership with licensed financial institutions.

TradGPT

AI-driven analytics for financial decision-making. This service is for educational and informational use only and does not constitute investment advice.

Prohibited Activities

You agree not to:

• Use our Services for any illegal purpose or in violation of any laws
• Engage in money laundering, terrorist financing, or other financial crimes
• Provide false or misleading information
• Attempt to gain unauthorized access to our systems
• Interfere with or disrupt our Services
• Use our Services to transmit malware or harmful code
• Violate the rights of others, including intellectual property rights
• Use automated systems to access our Services without permission

Fees and Payments

Certain Services may be subject to fees. You agree to pay all applicable fees as described on our platform. We reserve the right to change our fees at any time with reasonable notice. All fees are non-refundable unless otherwise stated.

Intellectual Property

All content, features, and functionality of our Services, including but not limited to text, graphics, logos, and software, are owned by iCloser or our licensors and are protected by intellectual property laws. You may not copy, modify, distribute, or create derivative works without our express written permission.

Disclaimers

Our Services are provided "as is" and "as available" without warranties of any kind, either express or implied. We do not warrant that our Services will be uninterrupted, error-free, or secure.

Limitation of Liability

To the maximum extent permitted by law, iCloser shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, data, or goodwill, arising from your use of our Services.

Indemnification

You agree to indemnify and hold harmless iCloser and its officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from your use of our Services or violation of these Terms.

Termination

We may suspend or terminate your access to our Services at any time, with or without cause, and with or without notice. Upon termination, your right to use our Services will immediately cease.

Account Closure and Fund Return: Upon termination, we will provide you with reasonable access to withdraw any remaining funds in your account, subject to applicable legal holds, regulatory requirements, and our AML/KYC obligations. We will make commercially reasonable efforts to process fund withdrawals within 30 business days of a valid withdrawal request.

Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the State of Colorado, United States, without regard to its conflict of law principles.

Informal Resolution

Before initiating any formal dispute resolution process, you agree to first contact us at legal@icloser.xyz to attempt to resolve any dispute informally. We will attempt to resolve the dispute within 60 days.

Arbitration Agreement

If informal resolution is unsuccessful, any dispute, claim, or controversy arising out of or relating to these Terms or our Services shall be resolved by binding arbitration administered by the American Arbitration Association (AAA) in accordance with its Commercial Arbitration Rules. The arbitration shall take place in Denver, Colorado.

Class Action Waiver

You agree that any arbitration or court proceeding shall be conducted on an individual basis and not in a class, consolidated, or representative action. You waive any right to participate in a class action lawsuit or class-wide arbitration.

Small Claims Court

Notwithstanding the above, either party may bring an individual action in small claims court in Denver County, Colorado, for disputes within the court's jurisdictional limits.

Colorado Consumer Protection

Nothing in these Terms shall limit your rights under the Colorado Consumer Protection Act (C.R.S. § 6-1-101 et seq.) or other applicable Colorado consumer protection laws. Colorado residents retain all statutory rights that cannot be waived by contract.

Changes to Terms

We reserve the right to modify these Terms at any time. We will notify you of material changes by posting the updated Terms on our platform. Your continued use of our Services after such changes constitutes acceptance of the modified Terms.

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