Savii | Terms & Conditions

Please read these terms of use (the “Terms of Use”) carefully before completing your registration with Savii. You will be deemed to have accepted these Terms of Use and agreed to be bound by them upon successful completion of the initial stage of the registration process (i.e. creating your Savii app user account).

Note, as part of the second stage of the registration process (i.e. the formal identity verification of you or your legal guardian) additional Terms and Conditions will be made available, relating to the provision of Banking services through Savii’s banking partner, and must be accepted in order to fully activate your Savii account and receive your Savii card.

Savii App User Account Terms of Use

Savii Technologies Ltd (“Savii”, “we”, “us” and terms of similar meaning) provides this Service (this site and any applications or other software provided by Savii, for use with the service or otherwise, collectively, the “Service”) to you (“you”, “your” and terms of similar meaning) through its app, subject to these terms of use (this “Agreement”).

1. Acceptance of Terms

This Agreement constitutes a binding legal contract that governs ongoing use and access of the Service. You must complete the application/registration form and accept the terms of this Agreement before you may access or use the Service. You can accept the terms of this Agreement by either: (a) clicking to accept or agree where such option is made available to you; or (b) actually using or accessing the Service. By accepting this Agreement, or by accessing or using the Service of Site, you represent that you have the legal capacity to enter into this agreement, or that your parent or legal guardian has reviewed and agreed to the Terms and allows you to access and/or use our Service.

Your use of our Service is also subject to our Privacy Policy which covers how we collect, use, share and store your personal data.

2. The Savii Service

These terms relate to Services provided by Savii through access to our Mobile App and the platform contained therein. Further Terms and Conditions shall be provided for acceptance as part of the customer onboarding (“Know Your Customer”) process if/when a user wishes to apply for access to banking facilities and a Savii card provided by our banking partner. Subject to and conditioned on your compliance with the terms of this Agreement, you shall have a non-exclusive, non-transferrable, non-sublicensable, limited right, to access and use the Service (in whatever form the User has been approved to access).

3. Use of the Service

You agree that you will not (and will not permit or encourage any Users or other third parties to) directly or indirectly:

Use the Service in any manner or for any purpose other than as expressly permitted by this Agreement;
Use the Service in violation of any federal, state, local, or international laws or regulations;
Reproduce, duplicate, copy, sell, resell, rent, lease, or exploit any portion of the Service, use of the Service, or access to the Service without our prior written consent;
Use the Service to store or transmit malicious code, viruses, Trojan horses, or worms of a destructive nature or that may damage or harm the Site, Service, and/or our computer systems;
Attempt to gain unauthorised access to the Service or to another User’s account or any related systems or networks;
Take screenshots or videos of the Site and/or Service in order to share the information with one of our competitors or a company seeking to create and/or offer services similar to the Service.

You will immediately notify us of any unauthorised use of your account or the Service that comes to your attention. In the event of any such unauthorised use, you will take all steps necessary to terminate such unauthorised use.

4. Changes and Updates to the Service

You understand that the Service may change over time as we refine and add more features or content. We reserve the right to update, modify, or discontinue the features, functionality, content or other aspects of the Service, including any and all rewards or incentives, at any time, with or without notice, in our sole discretion. Any new features that augment or enhance the current Service, including the release of new tools and resources, shall be subject to this Agreement.

5. User Account(s)

To obtain access to the Service as a User, you are required to complete an initial application providing your mobile phone number, email address and date of birth and create a login to the app. When registering as a User you must meet the conditions set forth in Section 1 above, including: a) providing true, accurate, current and complete information about yourself as required by the registration form for the Service, and b) maintaining and promptly updating such information to keep it true, accurate, current and complete. Your User account login is personal to your and may not be shares or used by anyone else.

As referenced in Section 2, the provision of banking facilities and a Savii card (provided through our banking partner) will only be authorised upon successful completion of the Know Your Customer process; Users will be required to provide additional personal information to complete this process. Once this is complete a Users account shall be upgraded to provide full access to this functionality.

6. Termination of this Agreement

This Agreement is effective until we terminate your account or you properly close your account in accordance with this Agreement.

You are solely responsible for properly closing your account. You may close your account at any time by sending us an email at hey@saviibanking.com. All closure requests will be processed within forty-eight (48) hours of receipt of the request for closure. We reserve the right to in our sole and absolute discretion, temporarily suspend access to the Service (in whole or in part) for: a) scheduled or unscheduled maintenance; b) purposes of maintaining the security and /or integrity of the Savii network, hardware, or associated systems or those of its third party providers; or d) the actual or suspected violation of this Agreement.

Upon termination of this Agreement or closure of your account, all licenses and other rights granted to you hereunder will immediately terminate and you will lose access to and will cease all use of the Service. For avoidance of doubt, you understand and agree that any rewards or incentives that you obtained through the Service during the Term may not be used beyond the termination of this Agreement or closure of your account.

7. Proprietary Rights

As between you and us, we and our licensors own and reserve all right, title and interest in and to the Service and our Site, including all intellectual property rights therein. You hereby grant to us and our contractors the right to use, modify, adapt, reproduce, distribute, display and disclose any information or data you transmit to the Service solely to the extent necessary to provide you with the Service or as otherwise permitted by this Agreement and the Savii Privacy Policy.

The Site and/or Service contain valuable trademarks owned and used by us to distinguish the Site and Service from those of others. The Site and/or Service may also contain references to other entities’ trademarks and service marks, but such references are for identification purposes only and are used with the permission of their respective owners. We do not claim ownership in, or any affiliation with, any third party trademarks or service marks appearing on the Site and/or Service. You agree not to use or display any trademarks you do not own without our prior written consent or the consent of the owner of such mark.

8. Electronic Communications

By registering for the Service, you understand that we may send you communications or data regarding the Service, including but not limited to updates, promotional information and materials regarding the Service, all in electronic form via the email address or the mobile phone number you specified when you registered. You may unsubscribe from such communications by contacting us at hey@saviibanking.com at anytime.

9. DISCLAIMER OF WARRANTIES

WE PROVIDE OUR SERVICE TO YOU “AS IS”, “WITH ALL FAULTS” AND “AS AVAILABLE”. YOU AGREE THAT ANY USE OF AND RELIANCE UPON THE SERVICE (INCLUDING ANY AND ALL OF THE INFORMATION, CONTENT, AND/OR MATERIALS CONTAINED THEREIN, OR RESULTS OBTAINED THEREFROM) BY YOU IS AT YOUR SOLE RISK. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, WE MAKE NO (AND SPECIFICALLY DISCLAIM ALL) REPRESENTATIONS OR WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTY OF MERCHANTABILITY, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. IN ADDITION, SAVII DOES NOT WARRANT THAT ACCESS TO THE SERVICE OR SITE WILL BE UNINTERRUPTED, ERROR-FREE OR FREE OF HARMFUL COMPONENTS, OR THAT INFORMATION OBTAINED THROUGH THE SERVICE WILL BE ACCURATE OR RELIABLE. SAVII MAKES NO CLAIMS OR PROMISES WITH RESPECT TO ANY THIRD PARTY, SUCH AS THE VENDORS OR ADVERTISERS LISTED ON THE SITE. ACCORDINGLY, SAVII IS NOT LIABLE TO YOU FOR ANY LOSS OR DAMAGE THAT MIGHT ARISE FROM THEIR ACTIONS OR OMISSIONS. YOUR PURCHASE AND USE OF THE PERKS, DISCOUNTS, OR PRODUCTS AND SERVICES OFFERED BY THIRD PARTIES THROUGH THE SITE IS AT YOUR OWN DISCRETION AND RISK.

10. Indemnification

You agree to indemnify, defend, and hold harmless Savii, its subsidiaries, and all of their respective officers, directors, employees, agents, licensors, suppliers and any third-party information providers against all claims (including all associated costs, expenses and reasonable attorneys’ fees) from and against any and all claims, losses, liabilities, damages, fines, penalties, costs and expenses (including attorneys’ fees and court costs) arising out of or related to: (a) your breach of the terms of this Agreement, or (b) your violation of applicable laws, rules, or regulations in connection with the Service.

11. LIMITATION OF LIABILITY

TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, IN NO EVENT WILL SAVII, OR ITS OFFICERS, OR EMPLOYEES, BE LIABLE TO YOU (OR ANY PARTY CLAIMING THROUGH YOU) FOR ANY LOST PROFITS, LOSS OF BUSINESS OPPORTUNITY, LOSS OF DATA, OR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES, REGARDLESS OF THE FORM OF ACTION, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR OTHERWISE.

TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, SAVII, AND ITS OFFICERS, EMPLOYEES, AND VENDORS MAXIMUM AGGREGATE LIABILITY TO YOU FOR LOSSES OR DAMAGES THAT YOU SUFFER IN CONNECTION WITH THE SERVICE, SITE OR THIS AGREEMENT SHALL NOT EXCEED THE TOTAL AMOUNTS PAID BY YOU TO SAVII IN THE TWO MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO SUCH LIABILITY.

12. Miscellaneous

12.1. Entire Agreement

This Agreement constitutes the entire agreement of the Parties regarding the Service. It supersedes any and all proposals, oral or written, negotiations, conversations, discussions, or agreements between the Parties relating to your use of the Service (including, without limitation, any prior versions of this Agreement). Services provided by Savii through our banking partners shall be deemed out-with the scope of this agreement.

12.2. No Waiver

Our failure to enforce any of the provisions of this Agreement or to exercise any rights or remedies under this Agreement will not be construed as a waiver or relinquishment to any extent of our right to assert or rely upon any such provision, right or remedy in that or any other instance.

12.3. Independent Contractors

This Agreement does not create a joint venture, agency, or partnership between the Parties; instead, the relationship between the Parties is that of independent contractors.

12.4. Severability

If any provision of this Agreement is held to be invalid, illegal or unenforceable, the Parties agree that such provision shall be construed in accordance with applicable law as nearly as possible to reflect the original intentions of the Parties, and that the remaining provisions shall remain in full force and effect.

12.5. Governing Law

This Agreement shall be governed by and interpreted in accordance with the laws of England and Wales, without regard to its principles regarding conflicts of law.

12.6. Agreement Binding on Successors

The provisions of this Agreement shall be binding upon and shall inure to the benefit of the Parties hereto, their heirs, administrators, successors and assigns.

12.7. Survival of Terms

Sections 3, 6, 7, and 9 through 12 shall survive termination of this Agreement. After your subscription to the Service has terminated, any and all additional terms not listed in the foregoing sentence that by their nature may survive termination of this Agreement shall be deemed to survive such termination.

13. Questions and Comments

If you have any questions regarding this Agreement or your use of the Savii App or Site, please contact us at hey@saviibanking.com.

Last Updated 28th November 2021