Terms & Conditions

TERMS AND CONDITIONS APPLICABLE TO TRANSFER SERVICES OF CHAABI BANK “SERVICE”

 

Money Transfer Service (Transfer to an account holder)

Send a money transfer to an account holder at a bank in Morocco. It’s a convenient and easy way to transfer money and to do payments.

By completing the “Money Transfer” form -the payment instructions-, providing the funds to be sent (together with any proof of identification required) and signing the form, the sender consents to the execution of the money transfer. We will generally rely without further enquiry on the information provided in the “Money Transfer” form, unless we have actual notice that it is incorrect or unauthorised.

Chaabi Bank reserves the right to change the Money Transfer Service from time to time. We will give you reasonable notice of any such changes.

Money Transfer Service (Transfer to a beneficiary)

Send a money transfer to a beneficiary in Morocco. The beneficiary can pick up the mo­ney at any branch of Banque Centrale Populaire (BCP) in Morocco. It’s a very convenient and easy way to transfer money.

By completing the “Money Transfer” form -the payment instructions-, providing the funds to be sent (together with any proof of identifica­tion required) and signing the form, the sender consents to the execution of the money transfer. We will generally rely without further enquiry on the information provided in the “Money Transfer” form, un­less we have actual notice that it is incorrect or unauthorised.

Chaabi Bank reserves the right to change the terms and conditions of the Service from time to time. We will give you reasonable notice of any such changes.

Changes and / or cancellation

Once the transaction is completed and the funds are transferred, changes or cancella­tion will not be possible. A request for changes or cancellations must be sent to BCP. Any additional costs will be for your own account.

Rate of exchange

Transferred funds will be credited based on the exchange rate of BCP. The actual exchange rate will be determined at the time of payment to the beneficiary.

Crediting

Our aim is to make the funds available for collection by the beneficiary within 24 hours of the time the money is sent.

Legislation

By using our services you agree that the funds to be transferred were not obtained in contravention of any UK law or regulation.

Provision of the Service

Chaabi Bank may refuse at any time to provide the Service to any person:

  1. a) to prevent fraud, money laundering or terrorist financing;
  2. b) to comply with any applicable law, order of a court or requirement of any regu­latory or governmental authority;
  3. c) if we have grounds to believe that any of the information provided in the relevant “Money Transfer” form is incorrect, incomplete or unauthorised; or
  4. d) if we otherwise consider it necessary to protect our interests.

 Chaabi Bank may suspend the provision of the Service, and will endeavour to give you reasonable notice of any suspension. We may not always be able to give you notice of suspension, including (for example) where we con­sider it necessary due to circumstances that are beyond Chaabi Bank’s reasonable con­trol.

Your obligations

You agree:

  1. a) to provide Chaabi Bank with true, accurate, current and complete information in connection with your use of the Service;
  2. b) not to use the Cash Family Service for or in connection with any prohibited purpose;
  3. c) not to initiate a money transfer under the Service in breach of these Terms and Conditions.

You agree that Chaabi Bank may provide information about you to regulatory or governmental authorities where this is required by any applicable law, regulation or order of a court.

Our liability

We warrant that we will use reasonable skill and care in providing the Service, but shall not be liable to you for any loss or damage except to the extent this is due to our negligence, breach of these Terms and Conditions or fraud. Our liability for negligence or breach of these Terms and Con­ditions is limited to the amount of commission paid to our bank for the Service for loss or damage arising out of or in connection with any single mo­ney transfer or related transfers (including any failure to perform such transfer or transfers).

Nothing in these Terms and Conditions limits or excludes our liability for death or personal injury caused by negligence or for fraud.

Termination

Either you or we may terminate the agreement between us under these Terms and Conditi­ons upon giving not less than one day’s notice.

Chaabi Bank privacy – policy

At Chaabi Bank, we understand how important the security and confidentiality of your information is to you. Keeping customer information secure is a top priority for Chaabi Bank. All information provided to us by you will be treated with the utmost confidentiality in accordance with all applicable legislative and regulatory standards. For more details about Data Protection we refer to the website www.chaabibank.co.uk

Third party rights

The Contracts (Rights of Third Parties) Act 1999 shall not apply to these Terms and Conditions and accordingly nothing in it shall be directly or indirectly enforceable by any third party, nor is it intended to confer a benefit on any third party. However, the provisions headed “Changes and/or cancellations”, “Legislation” and “Your obligations” shall also operate for the benefit of, and accordingly be enforceable by virtue of the Contracts (Rights of Third Par­ties) Act 1999 by, our affiliates and agents. Our agreement with you may be changed or terminated without the consent of any such affiliate or agent.

 Severability

In the event any one or more of the provisions of these Terms and Conditions shall for any reason be held to be invalid, illegal or unenforceable, the remaining provisions shall remain valid and enforceable.

Governing law

These Terms and Conditions shall be governed by and interpreted in accordance with English law and you irrevocably agree that the courts of England and Wales shall have non-exclusive jurisdiction to settle any dispute which may arise out of, under, or in connection with the Agreement. Nothing in this paragraph limits our right to bring proceedings against you arising out of or in connection with these Terms and Conditions (a) in any other court of competent jurisdiction or (b) concurrently in more than one court of competent jurisdiction.