Only a business relationship will be established with you after meeting, declaring and accepting the following Terms and Conditions by you (if you have any query about the Terms and Conditions, please contact us at Nec Money (Pty.) Limited (during weekdays from 08h00 to 17h00)
1. Approached to any of our authorized networks along with required documents which are valid, genuine and authentic .
2. Booked a transaction through our website or our Mobile App with inserting correct data according to the valid documents.
3. You are not in the list of UNSC/HM Treasury/OFAC Sanctions or any approved blacklist.
To the best of your knowledge, you hereby declared that all the information provided is true and correct.
1. Nec Money is processing the transaction(s) on the basis of your request and you have provided required authority to Nec Money to share your information with regulatory bodies as and when required
2. Nec Money is authorized by you to act and/or to sign on behalf of you to any transaction related documents as and when required.
3. Nec Money is hereby authorized by you that to accept your instructions over/through/via telephonic and electronic means including, but not limited to, facsimile, email, internet, text message from a mobile phone, Unstructured Supplementary Service Data (USSD) and any other applications from a mobile device.
4. If any telephonic and electronic communications claims that the communication is from you, Nec Money in good faith will consider the communication as your communication. In this regard, Nec Money will take available steps to ascertain that you are the actual person communicating with Nec Money and Nec Money may not render any service until/unless satisfied with communications. Nec Money will not take any liability for your losses due to any cause whatsoever as a result of Nec Money allowing you to communicate or provide instructions to Nec Money through telephonic or electronic means. You do hereby waive any rights that you have or may obtain against Nec Money arising directly or indirectly from any losses or damages which you may suffer because of Nec Money’s acts on any instruction which claims to come from you.
5. The provided beneficiary account details are correct or otherwise money may send to the wrong beneficiary which may not be recovered or may take more than expected time to recover.
6. The terms and conditions will remain in force until such time as the business relationship between us is cancelled by you in writing. Nec Money may terminate the business relationship with you and withdraw from the arrangements as set out in this document at any time by giving you notification or without any notification of such intention.
7. Nec Money may change these terms and conditions on the basis of instruction of regulatory bodies or else which will be notified to you directly/indirectly and/or notified in our website.
8. These terms and conditions are governed by and determined in accordance with the laws of the land.
9. I declare that a) I have read this document and know and understand the contents thereof, b) the information furnished above is in all respects both true and correct, c) the currency or transfer of value applied for will only be used for the specific purpose stated herein, d) the documentation presented in support of this application is in all respects authentic; e) I have been informed of the limit applicable to the above transaction and confirm that this limit will not be exceeded as a result of the conclusion of this transaction and f) I consent to this information being provided to the South African Revenue Service and/or the Financial Intelligence Centre.