Revollet confirms all client ID documents when clients apply for Revollet service, adhering to identification procedures it determines, including information of client name, address, date of birth, sex and other identification items. In the case there is either default or false information, or when Revollet considers to be obliged to, Revollet has the authority to reject the account opening or close the account without notification to the clients. Revollet also has the authority to request additional identification documents from the clients.
Revollet may request additional identification documents for confirmation purposes in the account opening stage, after opening stage or closing stage. Revollet will contact clients through client’ s registered Email address or phone number. If clients do not submit the required documents within the time limit Revollet determines, Revollet may freeze or terminate client’ s Revollet.
Revollet does not cover the loss or damage whatsoever clients might receive through clients’ identification procedure, contacts, Revollet freezing or termination.
Clients are to consent to the agreement that all information submitted and entered are correct, and that Revollet has all the authorities to confirm the information by all means. If there is any change to theinformation as registered, clients must notify Revollet immediately.
Revollet will freeze the client’ s Revollet account if there is no activity within Revollet for 6 months since the last transaction. If client does not activate Revollet within 6 months, the client's Revollet will be forced to be terminated. Should there be application of services or Revollet balance left, Revollet has the ownership of them as long as there is no written document from the client within 12 months of .iopulsory cancellation.
Fee schedule associated with Revollet are determined apart from this Terms and Conditions. Revollet is in charge of fee renewal, revision and has the authority to withdraw fees from any currency account without prior notification. Any renewal or revision of fee schedule will be updated on Revollet official website. In case clients do not cancel the Revollet, Revollet will assume clients agreed to the revised or renewed fees.
Should clients trade more than certain amount of money, Revollet may charge certain percentage of additional fee of the total transaction amount.
The transactions that clients make through Revollet will be executed on Revollet ’ s business days/hours. Any transaction submitted apart from business hours will be reflected to the Revollet on the next business day.
Revollet will follow certain procedures to operate a refund when possible refund balance is in the Revollet’ s Saving Account. Revollet is not responsible for refunds that excess the amount of possible refund balance. Revollet has the right to make decisions whether which case should be refunded when total amount of refund is more than the capacity and there are multiple refund requests. Revollet has no liability to the clients for the costs and responsibilities caused when there are disputes between the clients who has requested for a refund and other third parties.
Client’ s Revollet transaction history will be shown on Revollet’ s Money Transfer System (http://www.revollet..io/ja/index.html). Such history includes transaction details, settlements with Revollet ’ s affiliated financial organizations, clients and venders. Revollet will not issue certificate of deposit or any bank letter to clients even upon request.
Management of deposit Revollet has the right, if required, to cancel the deposit without notification to clients when there is a cancellation request on the account of multiple or false serve of deposit to Revollet from affiliated financial organizations.
Should there be any differentiation between the written currency and the transferred currency as clarified; Revollet will deposit the in.ioing remittance to the client’ s Revollet at the certain exchange rates which Revollet specifies.
In accordance with relevant Labuan Act 1990 law, Revollet will disclose its information if requested by the authorities with intention to anti-money laundering and anti- terrorist funding measures.
Revollet has the right to request evidentiary transaction document support or investigation support from clients regarding to international transfer. If there is no submission support, Revollet has the right to refuse or limit the transactions of clients. Revollet has no obligation whatsoever or owe responsibility to those clients. Revollet may suspend trades or cancel Revollet on its own decision making in accordance with demand from authorities concerning halting money laundering, terrorist funding, all types of warranted individual, funding incorporates and such. Revollet does not have the responsibility to any losses. Moreover, the clients are responsible for supplementing damages or loss received from Revollet.
Freezing accounts or cancellation of Revollet will take place if clients were not able to withdraw specified fees by specified time period.
Revollet will cancel Revollet when Revollet cannot confirm remittance or other remittance of other transfer methods within 30 days of client’ s login authentication.
Revollet has the right to cancel Revollet without prior notification to the following clients:
Clients are prohibited to handover Revollet or the corresponding services or set up their right to third parties for their usage.
Clients shall notify Revollet of updates on the registered information when clients lose the Revollet Username, Login Password, or Withdrawal Password. Or if there are changes in the registered information such as name (corporation name), address (office address), phone number, mobile phone number, E-mail address, or any other changes. The renewed registered information will be valid from the point the Revollet contents are notified to Revollet .
Revollet will notify or send documents to the clients’ registered Email address and name. Revollet is to limit the client’ s Revollet usage when Revollet receives those notifications or documents back. This solution is also applied when the registered Email address is invalid.
Revollet has no responsibility to the damage which clients have caused for not notifying Revollet
Cases when clients delay or refuse posts or Emails to registered address or Email address by clients because of delivery faulty, Revollet will also assume that those posts or Emails are delivered by normal time and date. Revollet do not hold any responsibilities regarding the loss caused by this case.
Revollet has the right to balance out at credit when clients are not following their owing debts even before the deadline of credit obligation, using the deposit or credit obligation clients remitted to Revollet . Quoting the above statement, time interval for calculation of interest rate, discount rate, delay costs are to be on the executed date of calculation, where obligation credit debt interest rate and percentage rate are to be determined rationally by Revollet Furthermore, the foreign exchange rate is determined bythe market rate on the execution date with interest rate of the execution date. Revollet might, if necessary, collect debts through specific debt collectors of third parties.
Revollet will execute its clients’ Revollet transactions through affiliation with other banks with care. Transactions executed by clients’ Revollet will be assumed as trades executed by its genuine users, which means Revollet does not have the liability to any loss or damage caused by fraudulent users, access abuse or other cases of abuse regardless of any reason. Revollet also has no liability to its clients regarding irrelevant causes from Revollet such as forced transfer, war, disaster, riot, economic sanction, legal restrictions or orders. The same goes with effects from deliberate or delinquent accidents, defaults, bankruptcy of affiliated financial organizations, or orders from the Labuan companies Act 1990 government or relevant authorities. Revollet also does not take any responsibility from the loss or damage of its failure of service to clients when there are unavoidable reasons for inconvenience with equipment, lines, server failures, software failures or outages. Clients are to agree to Revollet transaction value records as correct unless there is evident discrepancy with Revollet client record and clients’ s own record proved by written document of transaction records. Revollet will assume the clients have agreed to the trading history in Revollet as correct when there is no contact from clients within 14 days of presented trade history date.
Revollet does not deal with changes or cancellation of executed transactions after six months of the execution date.
Clients are to transactions, every relevant clause within this terms and conditions of Revollet through applicable laws of Labuan companies Act 1990.
Clients are to comprehend the risks of marginal gain or loss within Revollet, since it is a multi currency account and therefore it is affected by foreign exchange rates fluctuations..
Revollet has its arbitrary right to stop or limit the Revollet service for clients depending on rapid market fluctuations or global economic volatility. Revollet does not have the liability to clients to cover for the loss caused in this case.
Revollet offers clients foreign exchange rate, interest rate and financial information intended for client awareness as reference, and not recommendation or assuring trades based on the informationprovided.
Limit to using amount of Revollet is to be determined by Revollet .
Clients are to set up username, login password and withdrawal password with the Revollet application.
Clients are open to logging in to Revollet by using their username, login password for accessing to Revollet system and transaction history and etc.
Using overseas transfer or internal transfer in Revollet system, clients are required to enter their withdrawal password to login.
Revollet identifies the clients based on their information such as username, login password and withdrawal password registered on the Revollet system. Revollet will assume Revollet users to be accessed by its proper clients as long as the username, login password and withdrawal password matches the registered information. Revollet has no liability whatsoever to its clients to cover the loss or damage when username, login password or withdrawal password is fabricated, forged, stolen, abused or is under any other violation. Clients are to consent to the identification procedure as stated in this article and protect their login information of Revollet without presenting to a third party.
Clients are to contact Revollet immediately if the username, login password or withdrawal password are doubtful.
Online money transfer provided through Revollet deal with multi currency (USD, JPY and others) as mentioned in service manual.
Revollet will reflect its clients’ Revollet as follows when there is transfer from other financial institutions.