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OFFSHORE BROKER

TERMS OF USE

Please read these Terms of Use (“Terms”, “Terms of Use”) carefully before using any of the Wealth Web websites, including https://wealthweb.net, https://wealthwebmarketing.com, https://offshorebroker.com, and https://offshorecompaniesonline.com (collectively referred to as the “Service”), operated by Wealth Web Marketing Limited T/A Wealth Web (“us”, “we”, or “our”).

Your access to and use of any of these websites and their associated services is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users, and others who access or use the Service. By accessing or using any of the above websites, you agree to be bound by these Terms. If you disagree with any part of the Terms, you may not access the Service.

Accounts

In this clause, a Client (“Client”, “you”, “your”, or “user”) is defined as an individual who creates an account with Wealth Web through use of the Service. To be considered a Client, the individual must meet the following criteria:

When you create an account with us, you must provide us information that is accurate, complete, and current at all times, and you must be over the age of 18 years old. By creating an account, you confirm that you meet the age requirement, and you agree to furnish accurate and up-to-date information. The term “Client” is hereby used to refer to individuals who fulfill these criteria.

Failure to provide accurate and up-to-date information or meet the age requirement constitutes a breach of the Terms, which may result in immediate termination of your account on our Service.

As a Client, you are responsible for safeguarding the password that you use to access the Service and for any activities or actions under your password, whether your password is with our Service or a third-party service. Additionally, you agree not to disclose your password to any third party. You must notify us immediately upon becoming aware of any breach of security or unauthorized use of your account.

Relationship Disclosure

Wealth Web is a broker that collaborates with global financial service providers, including trustee companies, banks, asset managers, accountants and lawyers (collectively referred to as “Vendors”). When you engage with our Service, you acknowledge and agree that Wealth Web may facilitate the onboarding of Clients directly with these Vendors, subject to the Vendors’ client onboarding processes and procedures. You further acknowledge that Wealth Web may in some cases be paid a fee directly by these Vendors.

It is important to note that Wealth Web does not directly accept or manage Client cash deposits or assets of any kind. The payment of Wealth Web fees for the services provided to Clients is the only financial transaction directly involving Wealth Web.

Once the Client or user of the Service is successfully onboarded with our Vendor, any cash deposit or any other type of financial asset paid to that Vendor is done so under the terms and conditions stipulated by the Vendor. Wealth Web explicitly disclaims any responsibility or liability for any amount in relation to any transaction conducted with the Vendor. Client and Users are urged to carefully review and adhere to the terms and conditions established by the respective Vendor, as Wealth Web cannot be held liable for any consequences arising from the users’ interactions with the Vendor.

By utilizing our Service, you expressly understand and agree to this clarification regarding financial transactions with Vendors.

Wealth Web will, where applicable, provide Clients with a list of available Vendors with whom it maintains an established working relationship. Clients may select their preferred Vendor from this list for the facilitation of services, including bank account opening.

Bank Account Opening Service Disclaimer

For Clients engaging Wealth Web for the purpose of bank account opening, it is expressly acknowledged and agreed that Wealth Web’s responsibility is strictly limited to assisting with the application process for a bank account at one of the Vendors with which Wealth Web maintains an established working relationship.

Wealth Web’s service in this respect includes submitting the application to a Vendor and assisting with the preparation and submission of the necessary documentation, utilizing the information provided by the Client and the information held on file. Wealth Web does not, under any circumstances, guarantee or warrant that any Vendor will approve or open a bank account for the Client. The decision to approve or reject a bank account application lies solely and exclusively with the Vendor.

Prior to commencing the bank account application process, Wealth Web will provide the Client with a list of available Vendors with whom Wealth Web has an established working relationship. The Client may then select their preferred Vendor from this list. Wealth Web will assist with the preparation and submission of the application to the Client’s chosen Vendor.

Wealth Web is under no obligation to submit bank account applications to any Vendors not included on the list of approved Vendors with which it maintains an active working relationship.

The fees charged by Wealth Web for the facilitation of bank account opening are limited to Wealth Web’s own services in assisting with the application process. These fees do not include, and are entirely separate from, any fees, charges, or costs imposed by the Vendor in connection with the establishment, maintenance, or operation of the bank account. Clients are solely responsible for paying any Vendor fees directly to the Vendor as required.

By engaging Wealth Web’s services for bank account opening, Clients expressly acknowledge and agree that:

  1. Wealth Web’s role is limited to the facilitation and submission of the application to the selected Vendor, not the outcome of the Vendor’s decision-making process.
  2. Wealth Web shall not be held liable for any rejection, delay, or request for additional information made by a Vendor.
  3. Any fees paid to Wealth Web for bank account application services are collected solely for the facilitation of the application process and not as a guarantee of account approval.
  4. Clients may be required to provide additional information, documents, or verification directly to the Vendor in accordance with that Vendor’s compliance and onboarding requirements.
  5. Any and all fees, costs, or charges imposed by a Vendor are the sole responsibility of the Client and fall outside of Wealth Web’s service fee.

The Client agrees that Wealth Web bears no liability or responsibility for the decision, compliance procedures, or actions of any Vendor. All bank account openings are subject to the Vendor’s independent due diligence, compliance, and risk assessment policies.

External Advice and No-Liability Disclaimer

Wealth Web highly recommends that all Clients and users of the Service seek independent advice (including but not limited to legal, taxation, investment and accounting) regarding the services offered by Wealth Web. It is essential for clients and users to evaluate whether the services align with their individual needs and are in their best interest. Engaging with the Service should not be considered a substitute for obtaining personalized legal advice tailored to the users’ specific circumstances.

While Wealth Web strives to provide accurate and reliable information, it does not constitute legal or other professional advice. This includes, but is not limited to, any information found on the Wealth Web website, received via email, or communicated through any other electronic means by Wealth Web staff. Clients and users are encouraged to consult with qualified legal professionals to assess the applicability of the services to their unique situation.

Additionally, Clients and users expressly acknowledge and agree that Wealth Web, including its staff, cannot be held liable for any financial loss incurred as a result of using the Service. By utilizing our Service, users accept full responsibility for their decisions and actions, understanding that Wealth Web and its staff disclaims any and all liability for any direct, indirect, incidental, or consequential loss or damages that may arise.

No communication from Wealth Web or its staff, whether through the website, email, or other electronic communication, should be considered as professional or legal advice. It is strongly advised that Client and users exercise due diligence and carefully assess the risks associated with the services provided. Wealth Web and its staff shall not be held responsible for any adverse consequences arising from the use of the Service.

It is the Client’s or user’s sole responsibility to seek independent advice (including but not limited to legal, taxation, investment, and accounting) before signing any type of documents or agreements provided by Wealth Web. While Wealth Web staff may answer certain questions in relation to any documents or agreements provided, any such answers or information provided by Wealth Web staff do not constitute legal, financial, or any other form of external professional advice. Neither Wealth Web or its staff can be held liable for any financial loss incurred as a result of any documents or agreements provided that were signed by the Client or user.

Pricing and Ongoing Client Support

Wealth Web fees are one-time payments designed to facilitate the onboarding of Clients directly with Wealth Web Vendors. Ongoing Client support is provided at Wealth Web’s discretion unless Wealth Web is contractually obliged to provide ongoing client support following the successful onboarding at Wealth Web Vendors. A copy of Wealth Web fees schedule can be provided upon request or is available on our website.

For bank account opening services, Wealth Web’s fees cover only the facilitation of the application process and do not include any fees, charges, or costs imposed by the Vendor in connection with the establishment or maintenance of the bank account. Such Vendor fees are payable directly by the Client to the Vendor.

Clients should be aware that any renewal fees or ongoing costs associated with maintaining the services provided will be charged by the Vendor directly. Wealth Web holds no liability for any further fees charged to the Client by a Vendor for services beyond the initial onboarding facilitated by Wealth Web.

It is the responsibility of the Client to review and understand the terms and conditions outlined by the respective Vendor regarding any ongoing costs, renewals, or additional charges associated with the services provided. Wealth Web strives to provide transparent information about its one-time fees, and Clients are encouraged to reach out to our support team for any clarification or assistance regarding the payment structure.

By engaging with Wealth Web Services, Clients acknowledge and agree to the aforementioned pricing model and the understanding that any additional fees from Vendors are beyond the control and liability of Wealth Web.

Service Delivery and Invoicing Clause

Upon successful onboarding with Wealth Web Vendor, the client will be invoiced for the services provided. The invoice will detail the agreed-upon fees for the established services.

Upon receipt of full payment from the client, Wealth Web will promptly issue the client with all relevant documentation pertaining to the services established for the client at Wealth Web‘s Vendor. This documentation may include but is not limited to, account details, service agreements, entity registration certificates, and any other pertinent information essential to the client’s engagement with the Vendor. Where applicable, Wealth Web will facilitate the introduction of the client to their designated account manager at the Vendor. This introduction aims to establish clear lines of communication and foster a positive client-vendor relationship.

It should be noted that time frames for the completion of final entity registration/s and the establishment of banking facilities may vary between Vendors. The timeframe and outcome of any bank account application are determined solely by the Vendor and may vary according to the Vendor’s internal due diligence and compliance processes. Wealth Web has no control over and accepts no responsibility for the Vendor’s decision regarding approval or rejection of a bank account application. Furthermore, certain proprietary documentation or intellectual property required for execution prior to the completion of entity registration/s such as trust deeds or company agreements will only be released upon full payment of the invoice.

It is crucial for the client to review the provided documentation thoroughly and reach out to their designated account manager for any necessary clarifications or assistance.

If you have any questions or concerns about the delivery of services, invoicing, or the introduction to your designated account manager, please contact us.

Refund of Fees Policy

Wealth Web is committed to providing transparent and fair fee practices. We strive to collect fees only for services that are approved and successfully facilitated with our Vendors. Our refund policy is designed to address specific scenarios where fees have been collected but successful onboarding cannot be achieved.

  1. Refund Eligibility: Wealth Web will provide a full refund of fees collected in instances where Wealth Web is unable to successfully onboard the Client with one of its Vendors for services other than bank account opening. This refund is applicable if, for any reason, Wealth Web is unable to complete its portion of the onboarding process for those services. For bank account opening services, Wealth Web’s responsibility is limited to facilitating the submission of the Client’s bank account application to one of its Vendors. Once an application has been submitted to a Vendor, the service is deemed to have been rendered in full by Wealth Web, regardless of the Vendor’s ultimate decision to approve or reject the application. Accordingly, no refund shall be due solely on the basis that a Vendor declines or fails to approve the Client’s bank account application, as such decisions are made solely at the Vendor’s discretion.
  2. Refund of Fees for Multiple Services: Where multiple services are included in a single invoice, each service shall be treated separately for the purpose of refunds. In the event Wealth Web is unable to successfully onboard the Client with all services outlined and paid for in the invoice, Wealth Web’s liability will be limited to the refund of fees solely for the services that were not successfully onboarded with one of our Vendors. The successful onboarding of any individual service shall not affect the refund eligibility of other services listed in the same invoice.
  3. Non-Refundable Scenarios: Wealth Web will not provide refunds in the following scenarios:
    • If services have been canceled by the Client after Wealth Web has successfully onboarded the client at the Vendor.
    • If the Vendor terminates the services due to the actions of the Client or inaccurate information provided by the Client at the time of onboarding.
    • If Wealth Web has not been successful in the completion of final entity registration/s and/or the establishment of banking facilities on behalf of the Client with its Vendor due to the Client’s failure to provide requested due diligence documents or sign any required Vendor forms or agreements within a reasonable timeframe.
    • Any other reason not deemed to be due to Wealth Web willful negligence.
  4. Conditions for Refund: To initiate a refund, Clients must notify Wealth Web in writing of the unsuccessful onboarding within 30 days of the payment date of the invoice. The refund will be processed promptly upon verification of the stated circumstances.
  5. Willful Negligence Exclusion: Refunds will not be provided in cases where the failure to onboard is a result of the Client’s willful negligence, intentional misconduct, or violation of the terms and conditions outlined during the onboarding process.
  6. Deductions for Third-Party Charges: Any refund processed will be net of any fees, charges, or deductions applied by banks, card processors, and cryptocurrency payment processors (collectively referred to as “Payment Providers”). Wealth Web will not be responsible for reimbursing such third-party charges.

By engaging with our Service and paying fees, Clients acknowledge and agree to the terms of this refund policy. Wealth Web reserves the right to amend or update this policy as necessary.

Payments, Compliance Holds, and Third-Party Liability

All payments for services facilitated by Wealth Web may be processed through third-party Payment Providers.

Clients acknowledge and agree that Wealth Web has no control over the actions, compliance procedures, or policies of any Payment Provider. Payment Providers may, at their sole discretion, hold or delay the release of funds for compliance, regulatory, or risk assessment purposes.

In the event that a payment is held or delayed, Wealth Web will assist the Client to the best of its ability by providing any available information or documentation reasonably required to confirm or clarify the payment hold. However, Clients understand and accept that Wealth Web cannot guarantee the release of any funds held by a Payment Provider and shall not be held liable for:

  • Funds being temporarily or permanently held by a Payment Provider for compliance, AML/KYC, or regulatory checks.

  • Any Payment Provider failing to release or transfer funds.

  • Technical issues, insolvency, or failure of a Payment Provider.

By making any payment for services, Clients acknowledge that issues relating to the release of funds are outside of Wealth Web’s control, and Wealth Web’s liability remains strictly limited to the services it directly provides.

Intellectual Property

The Service and its original content, features and functionality are and will remain the exclusive property of Wealth Web and its licensors.

Links To Other Web Sites

Our Service may contain links to third-party web sites or services that are not owned or controlled by Wealth Web. Wealth Web has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third-party web sites or services. You further acknowledge and agree that Wealth Web shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such web sites or services.

We strongly advise you to read the terms and conditions and privacy policies of any third-party web sites or services that you visit.

Termination

We may terminate or suspend your account immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.

Upon termination, your right to use the Service will immediately cease. If you wish to terminate your account, you may simply discontinue using the Service.

All provisions of the Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.

Disclaimer

Your use of the Service is at your sole risk. The Service is provided on an “AS IS” and “AS AVAILABLE” basis. The Service is provided without warranties of any kind, whether express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, non-infringement or course of performance.

Governing Law

These Terms shall be governed and construed in accordance with the laws of New Zealand without regard to its conflict of law provisions.

Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect. These Terms constitute the entire agreement between us regarding our Service, and supersede and replace any prior agreements we might have between us regarding the Service.

Changes

We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material we will endeavor to provide at least 30 days notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion. By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.

Contact Us

If you have any questions about these Terms, please contact us.

  • By email: support@wealthweb.net
  • By visiting this page on our website: Contact Us
  • By mail: Suite 15074, 17B Farnham Street, Parnell, Auckland 1052, New Zealand