LEGAL
Terms of Service
Last updated: August 19, 2025
Acceptance of Terms
These Terms of Service govern your access to and use of Settlex. By using the service, you agree to these Terms and our Privacy Policy. If you do not agree, do not use Settlex.
Description of Service
Settlex provides programmable escrow and payment infrastructure that can hold fiat funds and release them when agreed conditions are satisfied. Features, availability, and supported payment methods may change as the service develops.
Eligibility and Accounts
You must be legally able to enter a binding agreement and provide accurate account information. You are responsible for keeping credentials secure and for activity conducted through your account. Businesses must ensure their users and agents are authorized to act for them.
Escrow Terms and Fund Handling
Each escrow is governed by its configured parties, amount, currency, conditions, verification method, and release rules. Funds may be held by Settlex or a regulated payment partner. Settlex is not a bank, investment adviser, or fiduciary, and does not guarantee a party's performance. Release decisions follow the agreed program logic and applicable law.
Fees
Applicable platform, processing, foreign exchange, and partner fees will be shown before a transaction is confirmed or described in an order form. You authorize Settlex and its payment partners to deduct disclosed fees from applicable funds.
Acceptable Use
You may use Settlex only for lawful business and personal transactions, with accurate information and appropriate consent. You must comply with applicable payment, sanctions, consumer protection, privacy, tax, and anti-money-laundering requirements.
Prohibited Activities
You may not use Settlex for fraud, money laundering, sanctions evasion, unlawful goods or services, unauthorized payments, manipulation of verification conditions, abusive automation, security testing without permission, or any activity that could harm users or the service.
Dispute Resolution
Parties should first use the dispute process presented for the applicable escrow. Settlex may pause, review, or restrict activity when required for safety, compliance, or a credible dispute. These Terms do not remove rights that cannot lawfully be waived.
Limitation of Liability
To the maximum extent permitted by law, Settlex and its providers are not liable for indirect, incidental, special, consequential, or exemplary damages, or for losses caused by third-party services, network failures, inaccurate conditions, or unauthorized account activity. Any aggregate direct liability is limited to fees paid to Settlex for the relevant service during the preceding twelve months, unless law requires otherwise.
Termination
You may stop using Settlex at any time. We may suspend or terminate access for violations, legal or security concerns, nonpayment, or operational reasons. Accrued obligations, transaction records, dispute provisions, and limitations of liability survive termination.
Changes to Terms
We may update these Terms as the service or law changes. We will post the revised Terms with a new date and may provide additional notice for material changes. Continued use after the effective date means you accept the updated Terms.
Contact
Questions about these Terms can be sent to contact@settlex.ltd.