Effective Date: August 31, 2021
These Terms and Conditions ("Terms") form a legally binding agreement between World Bridge Bank ("WBB," "we," "us," or "our") and the individual or entity ("Client," "you," or "your") accessing or using our banking and financial services. By applying for or using any WBB service, you agree to be bound by these Terms.
1.1 Acceptance: Your use of our services constitutes your acceptance of these Terms. If you do not agree to these Terms, you must not use our services. 1.2 Eligibility: You must be at least 18 years of age and possess the legal capacity to enter into a binding contract in your jurisdiction to open and maintain an account with WBB.
2.1 Scope: WBB provides a range of services, including accounts (checking, savings, multi-currency), loan origination, fixed deposits, currency exchange, and digital banking access. 2.2 Digital Access: Access to WBB’s online and mobile banking platforms requires secure login credentials. You are responsible for maintaining the confidentiality of your passwords and security information. 2.3 Service Limitations: WBB reserves the right to impose limits on transaction amounts, frequency, or geographic availability of services as required by regulatory compliance or risk management policies.
3.1 Accuracy of Information: You warrant that all information provided to WBB during the application process and throughout the client relationship is true, accurate, and complete. You must promptly notify us of any changes to this information. 3.2 Security: You must immediately notify WBB of any unauthorized access, loss, theft, or misuse of your login credentials, devices, or accounts. WBB is not liable for losses resulting from your failure to protect your credentials. 3.3 Prohibited Activities: You agree not to use WBB services for any illegal or fraudulent activities, including money laundering, terrorist financing, or sanction violations.
4.1 Suspension: WBB may, at its sole discretion and without prior notice, suspend your access to services if we suspect fraudulent activity, non-compliance with these Terms, or if required by law. 4.2 Termination: Both the Client and WBB may terminate this agreement. WBB will provide 30 days’ notice unless immediate termination is necessary due to regulatory requirements or suspected illegal activity.
5.1 Jurisdiction: These Terms and any dispute or claim arising out of or in connection with them shall be governed by and construed in accordance with the laws of the International Financial Center (IFC), without regard to its conflict of law provisions. 5.2 Dispute Resolution: Any disputes will first be subject to good-faith negotiation. If a resolution is not found, disputes shall be submitted to binding arbitration in the IFC.