TERMS & CONDITIONS:
TERMS & CONDITIONS
Dazzling Xchange Online Terms and Conditions
THESE TERMS AND CONDITIONS APPLY TO AND GOVERN YOUR ACCESS TO AND USE OF
THE DAZZLING XCHANGE ONLINE
Application AND THE SERVICES AVAILABLE ON THE DAZZLING XCHANGE ONLINE WEBSITE.
IT IS IMPORTANT THAT YOU READ AND UNDERSTAND OUR TERMS AND CONDITIONS
BEFORE YOU ACCEPT THEM. THEY CONTAIN LIMITATIONS ON THE SCOPE OF OUR OBLIGATIONS
TO YOU, AS WELL AS LIMITATIONS ON AND EXEMPTIONS FROM OUR LIABILITY TO YOU IN
THE EVENT THAT YOU SUFFER LOSS AS A RESULT OF USING OUR SERVICES. WE HAVE
HIGHLIGHTED IN BOLD THOSE PROVISIONS WHICH DO THIS.
As used in our Terms and Conditions, the terms:
(a) "bank card" refers to a debit card issued by or through the service
is offered.
(b) "card issuer" refers to the issuer and owner of a bank card.
(c) "Prohibited Purpose" refers to any unlawful purpose; to making or
receiving payments for gambling services, gambling chips or gambling credits; or
to sending a payment to yourself as the Receiver in order to evidence financial
soundness (RISK OF FRAUD); or sending or receiving money on behalf of someone
else.
(d) "Receiver" refers to the person identified as the beneficiary of a
money transfer (whether that money transfer is initiated by a Sender using
the Dazzling Xchange Online Service or by a person using another Dazzling
Xchange money transmission service).
(e) "Sender" refers to the person who initiates the carrying out of a
money transfer by using the Dazzling Xchange Online Service.
(f) "transaction" refers to each money transfer that you initiate under,
and each other use that you make of, Dazzling Xchange Online Service.
(g) "Dazzling Xchange" “”, "we", "our" or "us" refers to Dazzling
Xchange Pte Ltd; and in references in connection with its provision of
the Dazzling Xchange Online Service or Dazzling Xchange Website.
(h) "Dazzling Xchange Online Service" refers to any or all of the
services which are made available by us by means of the Dazzling Xchange Online
App.
(i) "Dazzling Xchange Online Site" or "site" refers to the Web site
operated by us to provide online money transmission services and related
information facilities.
(j) "you" or "“your" refers to any person who uses the Dazzling Xchange
Online App or the Dazzling Xchange Online Service, whether as a Sender or as a
Receiver.
1. About The Service
1.1 The Dazzling Xchange Online Service is offered by Dazzling Xchange.
1.2 Dazzling Xchange app is supervised by the AXIS group.
1.3 Dazzling Xchange Private Limited is a Singapore registered company
Reg No. 201935477R with its registered address at 11 Collyer Quay #02-25, The
Arcade, Singapore 049317. Dazzling Xchange offers money transfer services to
Malaysia, Indonesia, China, Hong Kong, Australia & several other countries. You
must be of majority age to use the Dazzling Xchange Online Service. Each money
transfer will be given a unique identifier, the Control Number or “Reference
Number.” Money transfers will normally be paid in cash, or into an account or
door to door the Sender authorizes.
1.4 By completing the information required to send a money transfer, by
providing access to the funds to be sent as well as identification as required
and by accepting the Terms and Conditions, the Sender consents to the execution
of the money transfer. The Sender is required to inform the Receiver about the
money transfer.
1.5 Regular money transfers are usually available within minutes for
pick up, subject to hours of operation of the payment location. Where the “Real
Time” or “Next to 2 Day” Service is available, funds will be available for
collection by the Receiver immediately or within 24 to 48 hours respectively
from the time the money is sent depending on the type of transaction the
remitter avails.
1.6 For collection of funds in cash, all Receivers must show documentary
evidence of their identity and provide all details about the money transfer
required by Dazzling Xchange, including name of Sender, country of origin, name
of Receiver, approximate sum, the control number, which is mandatory for
receiving money and any other conditions or requirements applicable at
the Dazzling Xchange Agent location. Cash payment shall be made to the person
that Dazzling Xchange or its Agent deems entitled to receive the money transfer
after examination of identification documents.
1.7 Applicable law prohibits money transmitters from doing business with
certain individuals and countries; Dazzling Xchange is required to screen all
transactions against lists of names provided by the governments of the countries
and territories in which we do business, including but not limited to the US
Treasury Department’s Office of Foreign Assets Control (OFAC), DOW Jones FACTIVA
and the European Union. If a potential match is identified, Dazzling
Xchange researches the transaction to determine if the name matched is the
individual on the relevant list. On occasion, customers are required to provide
additional identification and other information, delaying transactions. This is
a legal requirement for all transactions processed by Dazzling Xchange.
1.8 Transfer fees: Written information explaining how Dazzling
Xchange charges the Sender for making a money transfer is available from
the Dazzling Xchange Online service app, and is shown to the Sender prior to
completion of the payment order. Unless applicable law in the destination
country requires otherwise, the Sender will bear all fees for the money
transfer. In certain cases, payment of a money transfer may be subject to
insurance and service charges. In the event of an inconsistency between the
account number and name of the Receiver, the transfer will be credited to the
account number provided by the Sender. Dazzling Xchange accepts no
responsibility to the Sender nor to any account holder for any fees, exchange
rates used for conversion to non-local currency, acts or omissions of the
destination or intermediary financial service providers.
1.9 Foreign exchange:
(a) Money transfer payments will only be made in the currency of the
destination country. All currency is converted to foreign currency based on then
current rate of exchange. Dazzling Xchange calculates its rate of exchange based
on commercially available interbank rates plus a margin. Most rates of exchange
are adjusted several times daily in line with the relevant closing rate of
financial markets globally.
(b)The currency will be converted at the time of transfer and the
Receiver will receive the foreign currency amount shown on the official receipt.
1.10 SMS - Dazzling Xchange does NOT offer SMS notification to indicate
that the transaction has been collected by the Receiver (for the Sender) or that
funds are available for collection (for the Receiver). The Sender must be the
one to give all the details including the Control number to the Receiver as this
is an added level of security for the sender.
2. OUR RESPONSIBILITY TO YOU.
2.1 Our agreement with you is that we will take reasonable care to
provide the Online Service. As such, we agree to provide you with the money
transmission services (excluding SMS notification) and the related information
facilities described from time to time on the Dazzling Xchange Online
Application.
2.2 We will generally rely without further inquiry on messages that are
transmitted through the Online App and actually received by us, unless we have
actual notice that any such message is incorrect, unauthorized or forged.
2.3 We do not accept any responsibility to you for:
(a) The goods or services which you pay for by using the Online Service.
We strongly advise that you do not use our service to pay for goods purchased
from an online seller that you do not know.
(b) Malfunctions in communications facilities which cannot reasonably be
considered to be under our control and that may affect the accuracy or
timeliness of messages you send to us.
(c) Any losses or delays in transmission of messages arising out of the
use of any Internet access service provider or caused by any browser or other
software which is not under our control
(d) The services provided to you by your card issuer
(e) Viruses caused by third parties
(f) Errors on the Site or with the Online Service caused by incomplete
or incorrect information provided to us by you
(g) Any unauthorized use or interception of any message or information
before it reaches the Site
or
(h) Any
unauthorized use of or access to data relating to you or your transactions which
is held by us (unless such use or access is caused by our negligence, fraud or
failure to comply with laws relating to the protection of your data);
The contractual relationship between us does not extend to the benefit of the
Receiver and the Receiver does not have an independent right to demand payment
2.4 We have no obligation to you to initiate or perform a money transfer
or other transaction as part of the Dazzling Xchange Online Service if:
(a) We are unable to obtain satisfactory evidence of your identity
(b) We have reason to believe that the transaction message is incorrect,
unauthorized or forged
(c) You provide us with incorrect or incomplete information or if your
transaction message is not given to us sufficiently in advance to allow for
timely provision of the requested transaction
(d) Your card issuer does not authorize your use of your bank card for
payment of the transaction and our related charges
2.5 We may refuse to provide the Dazzling Xchange’ Online Service (in
whole or in part) to you if to do so may breach any policy (including policies
intended to prevent fraud, money laundering or terrorist financing) and/or any
applicable law, order of a court or requirement of any regulatory or
governmental authority, body or agency having jurisdiction over us, or if we
otherwise consider such action necessary to protect our interests. However, if
we refuse to provide the Online Service (in whole or in part) for any of these
reasons, we will wherever practicable upon request notify you that we have done
so and, unless we are prevented from doing so for some legal reason, we will
explain why we have done so.
2.6 We may suspend the operation of the Online App or the Online Service
in whole or in part if, in our absolute discretion, we consider it appropriate
to do so by reason of any circumstances beyond our control. We undertake that if
the services provided by the Online App or the Online Service are interrupted
(whether by us, any third-party service provider or otherwise) for any reason we
will take reasonable care to minimise the duration of any interruption. Provided
we comply with this undertaking, we shall not be liable to you for any loss or
liability which may be suffered or incurred by you as a result of any such
interruption, even if caused by our negligence, except where any such
interruption is caused by our fraud.
2.7 reserves the right to change the Online Service without notice. and
its Agents may refuse to provide the Online Service to any person without giving
a reason, in particular to prevent fraud, money laundering or terrorist
financing or to comply with any applicable law, order of a court or requirement
of any regulatory or governmental authority.
2.8 We will generally communicate with you through phone or by e-mail.
2.9 We may change our Terms and Conditions from time to time. Each time
you send money with , you will be provided access to a copy of our Terms and
Conditions before completing the transaction. No change which we may make will
affect the terms on which you used the Online Site, or on which we provided
the Online Service to you, before we changed the terms on the Site
3. YOUR RESPONSIBILITY TO US.
3.1 You agree to pay our charges for each money transfer or other
transaction which you initiate or request under the Online Service. Clear
information explaining our charges can be viewed at Our charges "Price It"
feature, which provides the estimated cost of sending an online money transfer
(inclusive of tax).
3.2 You must pay for the principal amount of a money transfer and our
charges by using your bank card or via your bank account (where available). Each
time you use the Online Service, you agree that we are authorized to charge your
card issuer or bank account (for account based transfer) for the principal
amount of any money transfer and our charges relating to the relevant
transaction before we perform the money transfer or other transaction. The
amount that we will charge to your card issuer or your bank account will be
shown to you prior to the final authorization of the transaction.
3.3 You consent to and acknowledge the following:
(a) The information provided in order to affect an online money transfer
is true, accurate, current and complete
(b) You must share the transaction data (amount of money, Your name,
Your country, name of Receiver and Control Number) with the Receiver only. You
are obligated to ensure that no third party can gain unauthorized access to this
information. We recommend that You transfer money only to beneficiaries that You
know personally)
(c) You shall not use the Online Service for illegal purposes
(d) Within the framework of the Online Service You will not request
money transfers which violate these Terms and Conditions or any other
restrictions of use or terms of use as set forth on the Website
(e) You are personally responsible for keeping Your password and Your
user name safe
pursuant to clause 6 below.
3.4 You acknowledge and agree that information about you, and the
services we provide to you, may be provided by us from time to time to
regulatory or governmental authorities, bodies or agencies where:
(a) We are required by law to do so
or
(b) If we determine that such disclosure may help to combat fraud, money
laundering offences or other criminal activity.
6. PASSWORD AND SECURITY
Prior to the first money transfer order, You will be asked to provide a
password and a valid e-mail address as Your username. The password and the
username must not be used by any other person than Yourself. It is Your
responsibility to keep Your password and Your username safe as well as all
transactions carried out using Your password or Your username. NEVER SHARE YOUR
PASSWORD WITH ANYBODY AND DO NOT WRITE IT DOWN ANYWHERE! You consent to
notifying Us immediately of any unauthorised use of Your password or of Your
username or of any other breach of security, by telephone, as described in
clause 5 above. Once You have informed Us of the unauthorised use of Your
password or Your username, we will immediate take all the necessary steps to
prevent any further use of this information. Prompting these steps does not make
Us liable for any loss or damage that are the result of Your failure to comply
with Your duty in accordance with this paragraph. However, you might be entitled
to the reimbursement or credit of a certain amount from Your Card Issuer if Your
Bank Card or Your bank account were used in a fraudulent manner.
7. DATA PROTECTION
Your personal information is processed under applicable law and
controlled by Dazzling Xchange Pte Ltd. We use the personal information you
provide to us when using our products and services, as well as other information
that is collected or generated during our relationship with you. This includes
information from other services like money transfers, bill payments, loyalty or
membership program details, previous use of our services history, and marketing
choices. This information is used to provide you with the services you have
asked for and for activities such as administration, customer service,
anti-money laundering, compliance and legal duties, validate your details, to
help us understand our consumers by doing analysis and research of the
information we hold, to help prevent and detect fraud, debt and theft, to help
us improve our products, services and operations. By providing your home
telephone number, home address, email address and/or mobile telephone you
expressly consent to Dazzling Xchange contacting you from time to time by
telephone, post, e-mail or SMS/MMS messaging and targeted or personalized
messaging (e.g. on social media and other digital channels) with news, offers,
services and promotions concerning Dazzling Xchange Services. You understand and
agree that any charges imposed by the provider of such services are your sole
responsibility. You can withdraw your consent at any time.
We may also use, collect from and share with other businesses that work
with us, information from other products and services and convenience and/or
rewards programs, for which you have registered. This information may be used
for any of these purposes in this section. We will hold and retain the
information that you give us about another person including the details of the
receiver of our services in order to execute the transaction. Prior to providing
this information you are obliged to notify and secure authorization from the
other person on our use of this information as set out in this section. The
provision of this information is optional information, but needed to execute the
transaction and provide these services to you. Without these, would be unable to
provide the money transfer, facilitate convenience activities or other requested
services.
We may provide the information we hold to parties located outside
Singapore, including the banks for the purposes set out in this statement. The
categories of data transferred are personally identifiable information, contact
details and information relating to the money transfer, transaction history, and
any other Information supplied by you. We may also provide the information to
other organizations, including those that help us run our business, if there is
a reasonable need to do so, to carry out or aide the money transfer, future
services, or for any of the reasons or uses set out in this section. We may add
to information you provide with information from other businesses or
individuals, including information to validate the accuracy of your information
provided by you. and our affiliates worldwide may disclose your personal
information, including without limitation your name, customer ID number,
address, transaction patterns and bank account information, (i) if we are
required to do so by domestic or foreign law or legal process or (ii) to law
enforcement authorities or other government officials (including those in this
country, Malaysia, Indonesia or
elsewhere) for purposes such as detecting, investigating, prosecuting and
preventing crimes, including money laundering and related criminal activity, and
the recipients may further disclose the information for these and other related
purposes.
The information we hold may be accessed by us and our affiliates
including but not limited to, for any of the reasons set out in this section or
for other purposes to which you have agreed. You have a right to ask us to see
and get a copy of your information, for which we may charge a small fee. You can
also correct, erase or limit our use of the information which is incomplete,
inaccurate or out-of-date. And you may object at any time on legitimate reasons
to the use of your information, where the processing is not required to complete
the service, or required by law or regulation. If you wish to exercise these
rights or no longer wish to receive commercial communications from, please
contact Dazzling Xchange (S) Pte Ltd by calling +65 6223 1011 (available from 10
a.m. to 5 p.m.) or alternatively by contacting us via our website.
8. LIABILITY
8.1 We will refund to you any benefit which we receive as a result of
any breach of our agreement with you or other wrongdoing (this means that, for
example, where a money transfer has failed in such circumstances, we will refund
to you the principal sum and the service charge.
8.2 If a money transfer is delayed or fails, you may have a right to
receive a refund or amend your transaction.
8.3 Your relationship is with Dazzling Xchange only. You agree that no
affiliate or agent of Dazzling Xchange Pte Limited owes you any duty of care
when performing a task which would otherwise have to be performed by its agents
or you
9. INTELLECTUAL PROPERTY.
The Online Service, the content, and all intellectual property relating
to them and contained in them (including but not limited to copyrights, patents,
database rights, trademarks and service marks) are owned by us, our affiliates,
or third parties. All right, title and interest in and to the Online Site and
the Online Service shall remain our property and/or the property of such other
third parties. The Online Site and the Online Service may be used only for the
purposes permitted by these Terms and Conditions or described on the Site. You
are authorized solely to view and to retain a copy of the pages of the Online
Site for your own personal use. You may not duplicate, publish, modify, create
derivative works from, participate in the transfer or sale of, post on the World
Wide Web, or in any way distribute or exploit the Online Site, the Online
Service or any portion thereof for any public or commercial use without our
express written permission. You may not: (a) use any robot, spider, scraper or
other automated device to access the Online Site or Online Service; and/or (b)
remove or alter any copyright, trademark or other proprietary notice or legend
displayed on the Site (or printed pages of the Site). The name and other names
and indicate of ownership of products and/or services referred to on the Online
Site are our exclusive marks or the exclusive marks of other third parties.
Other product, service and company names appearing on the Site may be trademarks
of their respective owners.
10. LINKS TO OTHER WEB SITES
The Online Site may contain links and pointers to other World Wide Web
Internet sites and resources (the "Linked Sites"). Links to any Linked Site do
not constitute an endorsement by, or association with, us of any third party
resources or their contents. Links do not imply that we are affiliated or
associated with or are legally authorized to use any trademark, trade name, logo
or copyright symbol displayed in or accessible through the links, or that any
Linked Sites are authorized to use any trademark, trade name, logo or copyright
symbol of . You should direct any concerns regarding any Linked Site to such
Linked Site's site administrator or webmaster. We do not represent or endorse
the accuracy or reliability of, and expressly disclaim, any advice, opinion,
statement, or other information displayed or distributed through any Linked
Site. You acknowledge that any reliance upon any opinion, advice, or information
displayed on or otherwise available through any Linked Site shall be at your
sole risk. We will not be liable for any potential issue regarding security,
viruses or unwanted e-mail that you may encounter outside the direct control of
the Online Service.
11. ENTIRE AGREEMENT
These Terms and Conditions, together with all other matters incorporated
into these Terms and Conditions by reference, embody the entire agreement and
understanding between you and us and supersede and terminate all prior
agreements or understandings you may have with us.
12. TRANSFER
We have the right to transfer, assign or delegate our rights and/or
responsibilities in whole or in part under our agreement with you to an
affiliated company, or any third party, at any time without your consent unless
such transfer would reduce your rights and/or remedies or increase your
responsibilities and/or liabilities under your agreement with us. You may not
transfer your rights and/or responsibilities under your agreement with us
without our prior written consent.
13. 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.
15. GOVERNING LAW
Our agreement with you (as well as the relationship between us before we
contract with you) is subject to Singapore law, without prejudice to rules in
force in your country of residence which afford greater protection. You agree
that as a consumer, within the meaning of the Consumer Protection Act or within
the meaning of consumer law of your place of residence, if more favourable to
you, the competent court at the place of your residence, habitual residence or
work shall not have the right to hear and decide any dispute between you and us.