The below terms and conditions apply on usage or creation of an account with BSICards irrespective of your date of registration. BSICards may update the terms and conditions without prior notice. All terms mentioned herewith are final and binding.
Welcome to BSICards. By accessing or using our website and services, you agree to comply with and be bound by these Terms and Conditions. If you do not agree with any part of these terms, please refrain from using our services.
Our services are intended for lawful purposes only. You agree not to misuse our services or engage in any activity that could harm, disrupt, or interfere with the functioning of our platform.
To access certain features, you must register for an account. You agree to provide accurate, current, and complete information during the registration process and to update such information to keep it accurate and complete.
BSICards does not offer refunds once a payment is made. All funds added to your BSICards wallet must be used solely for loading and transacting on BSICards. By making a payment, you acknowledge and agree that no refund requests will be entertained under any circumstances.
Each BSICards account may be subject to limits based on the user's risk profile. BSICards reserves the right to increase or reduce account limits at any time, without prior notice, based on regular risk evaluation and compliance checks.
Funds loaded into your wallet must be used exclusively for loading BSICards. Funds are not transferable, refundable or withdrawable under any conditions. Cards must only be issued to your end users. Issuing cards to Promoters/Directors/UBO of your own organization is strictly prohibited and may lead to suspension/termination of your account.
All content, branding, and design elements on this website are the property of BSICards. You may not copy, reproduce, or redistribute any part of the platform without our express written permission.
BSICards reserves the right to suspend or terminate your access to the website and services at its sole discretion, with or without notice, for any reason including, but not limited to, violation of these Terms.
BSICards shall not be liable for any indirect, incidental, or consequential damages arising from your use of the website or services. We make no guarantees regarding uninterrupted or error-free operation of the platform.
Your use of the platform is also governed by our Privacy Policy. Please review it for information on how we collect, use, and protect your data.
These Terms are governed by and construed in accordance with the laws of the jurisdiction in which BSICards or its partners operate. Any disputes arising under these Terms shall be subject to the exclusive jurisdiction of the appropriate courts.
We reserve the right to modify these Terms at any time. Changes will be posted on this page with an updated revision date. Continued use of the platform constitutes your acceptance of the revised Terms.
BSICards complies with applicable laws and regulations, including but not limited to:
BSICards is committed to ensuring digital accessibility for all users, including those with disabilities. We aim to comply with the Web Content Accessibility Guidelines (WCAG) 2.1 Level AA standards to ensure our website is accessible to everyone.
Our website uses cookies to enhance user experience. By continuing to use our website, you consent to our use of cookies in accordance with our Cookie Policy.
Enhanced Due Diligence (EDD) refers to a more rigorous investigation applied in addition to standard due diligence procedures. EDD is required in the following circumstances:
EDD will be conducted if the customer is classified as high-risk. This includes but is not limited to:
EDD will also apply to high-risk transactions, including:
During EDD, the following steps are undertaken:
Ascertain greater details on nature of the high-risk transaction
In situations where the firm has identified a high-risk transaction, it is vital to understand fully the nature of that transaction and have evidence to corroborate this. This will identify potential criminal activity.
Where a high-risk transaction has been identified, but the customer has not been identified as high risk, it will be necessary to re-assess the risk status of the customer to ascertain if they are high risk and therefore require EDD to be undertaken on them.
Any relationship or transaction requiring EDD must be reviewed and approved by BSICards senior management before proceeding.
If you have any questions or concerns regarding these Terms and Conditions, please contact us at:
Email: cs@bsigroup.tech