User Agreement
Last updated: April 14, 2025
By registering as a User of the Valut.net solution (hereinafter referred to as the "Solution"), you confirm that you have read this Agreement (hereinafter referred to as the "Agreement") and other documents mentioned herein, agree to the terms of the Agreement and those documents, and undertake to comply with them, including any updates or amendments made over time.
The Agreement refers to several important applicable documents, including:
Please read the Agreement and all related documents carefully. If you have any questions or need clarification, feel free to contact us. If you do not fully understand or accept this Agreement, you must not register an Account or access the Solution or any Services integrated with it.
Terms and Definitions
In this Agreement, the following terms have the meanings set forth below:
Intellectual Property Rights – (i) patents, industrial designs, patent applications, patent disclosures, and inventions; (ii) trademarks, service marks, trade dress, trade names, logos, and corporate names, as well as registrations and applications for registration thereof; (iii) copyrights (registered and unregistered), copyright-protected software, data, databases, and related documentation; (iv) design rights; (v) trade secrets and other confidential information; (vi) geographical indications and designations of origin; (vii) all other intellectual property rights and equivalent or similar forms of protection existing anywhere in the world.
Solution Provider – the company that grants the User the rights to use the Solution. For convenience, in this Agreement, the company and/or any of its affiliates are referred to as the Solution Provider, "we," "our," or "us."
Service Provider – an entity that provides a specific set of services within the corresponding Service.
1.1. Payment Partner – an entity that, at the request of the User or the Solution Provider, facilitates the transfer of the User’s funds to ensure the stable operation of the Services. If the Payment Partner processes a fund transfer at the request of the User, the relationship between the Payment Partner and the User is governed by a separate agreement between them.
1.2. Digital Tool Provider – an entity responsible for issuing and maintaining Digital Tools. The Digital Tool Provider is integrated with the Solution Provider to ensure uninterrupted operation of the Services, for the benefit and in the interest of the Users.
1.3. Solution Provider – refers to us.
1.4. Other Service Providers may be mentioned in the Service Terms.
User – an individual or entity registered as a user of the Solution, who has obtained an Account as a result of registration and uses the Solution to facilitate interactions with Service Providers and/or the User’s clients.
Referrer – an individual or entity participating in a referral program to attract new Users and receiving rewards for doing so.
Solution – a digital environment that includes, among other components, the Account, Personal Dashboard, and integrations with Service Providers. Through the Solution, the User can initiate various operations within the Services integrated with the Solution, navigate to Service Providers’ platforms, view transaction history, and access other operation-related information.
Account – the User Account created for the User, which enables access to the Services.
Personal Dashboard – a personalized interface where the User can monitor information regarding deposits, expenses, balances, transaction history, and initiate the closure or blocking of Digital Tools.
Digital Tool – a tool that enables Users to manage their funds electronically within the Solution’s ecosystem. It is integrated with the Solution to ensure ease of use.
Fees – charges collected by the Service Provider.
Website – https://valut.net/
Applicable Law – laws, regulations, and rules that apply to the provision, receipt, or use of the Solution and/or Services.
References to the singular shall include the plural where the context permits.
References to this Agreement or any other agreement or document shall be construed as references to this Agreement or such other agreement or document, in each case as amended from time to time.
Headings in this Agreement are for convenience only and shall not affect the interpretation of this Agreement.
https://valut.net/service-terms/en
Before a User can access the Services, they must create an Account. During the account creation (registration) process, the User will be asked to provide certain registration details, such as an email address, password, etc. The list of required information may be modified from time to time by the Solution Provider at its sole discretion.
All information provided by the User during the account creation process must be truthful, accurate, current, and complete. If we determine that the information provided is not truthful, accurate, current, and/or complete, we reserve the right to deny the User registration, deny access to the Services (in whole or in part), restrict access to the Services (in whole or in part), or terminate and/or suspend the Account.
Once the User’s provided email address is verified (verification method determined by the Solution Provider), the User will be able to access the Personal Dashboard, access Services, and—if technically feasible—information from each Service integrated with the Solution will be displayed in the Dashboard. The Solution Provider and Service Providers may require the User to complete additional actions, and the User is obligated to perform such actions in order to gain access to specific Services.
When using the Solution and Services, the User may act only on their own behalf.
The User must ensure proper security and control over all identifiers, passwords, codes used to access the Solution and Services, as well as over the devices and equipment used to access the Personal Dashboard, Account, and Services. This includes any passwords the User uses to access the email address associated with the Account. The User is not permitted to sell, lend, share, or otherwise grant access to their Account to any other person. We may suspend or terminate the Account if we find that the User has violated this section of the Agreement.
The Account must not contain misleading, inaccurate, or fraudulent information, including but not limited to a fake phone number, creation of fake reputation data for the Account, or submission of falsified documents.
Accounts are provided at our sole discretion. We reserve the right to reject any Account application without providing a reason, or to limit the number of Accounts a User may hold.
To access the Personal Dashboard, the User is required to enter their unique identifier and provide any other information requested by the Solution Provider. Additionally, an Application Programming Interface (API) may be available for interacting with the Solution and accessing Account data.
Depending on the Services applied, the following information may be displayed in the User's Account:
User Eligibility Criteria
To be eligible to register an Account and use the Services, the User must:
The User guarantees to:
Changes to User Eligibility Criteria
We may change the eligibility criteria at any time at our sole discretion. Where possible, we will notify the User before implementing such changes. However, we may be required to make changes without prior notice, including in the following cases:
Access Restriction, Suspension, and Termination
We may terminate, suspend, or limit the User's access to the Solution or Services (in whole or in part), at our sole discretion, if:
We will take reasonable steps to provide the User with appropriate notice of termination, suspension, or restriction. However, there may be situations where the Solution Provider is obligated not to do so in accordance with applicable law or the internal policies of the Solution Provider and/or the Service Provider.
The User acknowledges and agrees that:
Account Types
In the future, we have the right to introduce different account types. Each account type will correspond to the specific scope of the User’s rights to use the Services.
Limits
Service Providers may set and change transaction limits for the Services. Information about limits will be communicated to the User through the Personal Account and/or in the Terms of Services and/or by other means.
Identification
If required by law or in accordance with our internal policy or the Service Provider’s policy, we may at any time introduce or modify mandatory identification and/or verification procedures and require you to undergo identification and/or verification. We may also require you to provide documents that confirm the information you have provided. Failure to complete identification and/or verification will be considered a violation of the Agreement and may lead to the suspension and/or termination of access to all or part of the Services.
By entering into the Agreement, you consent to the transfer of your data to Service Providers. In some cases, you will need to provide your data directly to the Service Providers in order to use certain Services. In such cases, you authorize the Service Providers to share your data with us.
You allow us and the Service Providers to conduct investigations directly or through third parties, and/or by using third-party databases and other sources, to verify your identity or to protect you and/or us/Service Providers from fraud, money laundering, terrorism financing, or other financial crimes. We may take appropriate actions based on the results of these checks.
We reserve the right to continuously monitor and review any information you provide, as necessary to comply with the requirements of internal policies, applicable law, sanctions programs, embargoes, court processes, or requests from competent authorities.
When we and/or the Service Providers send requests, you acknowledge and understand that your personal data or the personal data of your authorized representatives may be disclosed to identity verification agencies. These agencies may fully respond to our requests.
We and/or the Service Providers may require you to comply with enhanced due diligence procedures, which may include providing additional personal information, supplementary records or documentation, or participating in face-to-face meetings with representatives.
Commissions
You agree to pay all applicable Commissions associated with your use of the Services as specified in the Personal Account (if technically possible) or communicated to you in any relevant Terms of Services or at the time of the transaction, or by another agreed-upon method.
You authorize Service Providers to charge all applicable Commissions owed in connection with the use of the Services in accordance with the calculation method presented in the Personal Account (if technically possible) and/or at the time of the transaction or by another agreed-upon method.
The Solution Provider and other Service Providers may change Commissions from time to time, including introducing new Commissions.
We strive to display accurate information about the Commissions, but occasionally we may make unintended typographical errors, inaccuracies, or omissions related to Commissions. We reserve the right to correct any errors, inaccuracies, or omissions at any time.
Intellectual Property Rights
You acknowledge that all Intellectual Property Rights related to the Solution and the Services are owned by us, other Service Providers, or the relevant licensors. Service Providers reserve all rights that have not been expressly transferred to you through the Agreement or by other means.
The User is granted a limited right to use the Solution under a non-exclusive, non-transferable, non-sublicensable, revocable license, valid only for the duration of the Agreement and subject to compliance with all its provisions. Any other use beyond this license is prohibited. Upon termination or expiration of the Agreement, all licenses granted to you shall cease, and you must immediately cease all use of the Solution and the Services.
By uploading or otherwise providing any content while using the Solution, you automatically grant the Solution Provider and other Service Providers a worldwide, perpetual, revocable, and royalty-free license, including the right to sublicense, use, copy, modify, and distribute this content for the purpose of providing and improving the Services.
You guarantee that any content you upload does not infringe any intellectual property rights, does not violate privacy rights, and does not violate any other third-party rights, and you have all necessary rights or permissions required for its use in the Services.
Use of the trademarks, logos, or other commercial marks of the Solution Provider is prohibited without our explicit written permission.
In the event of any claims or disputes arising from your use of materials that violate Intellectual Property Rights, you agree to cover all associated losses and expenses of the Solution Provider and/or Service Providers.
The User is not entitled to, should not attempt, and must ensure that they do not allow or assist anyone in doing the following:
Third-Party Services
Access to Third-Party Services
The User may choose to access certain Services provided by external and independent service providers ("Third-Party Service(s)") integrated with the Solution. The User acknowledges and agrees that:
Access by Third Parties to Usage Data
In order for the User to use Third-Party Services, we may need to provide certain data to the third party. The User acknowledges and agrees that we may share any data (including, but not limited to, usage data) provided to us by the User while using the Solution. The User grants permission and agrees that we share only the data necessary for the operation of the Third-Party Services requested by the User.
Disclaimer of Third-Party Content Accuracy
We cannot guarantee and do not guarantee that any third-party content provided in the Third-Party Service is accurate, complete, reliable, current, or error-free.
Disclaimer of Liability for Third-Party Services Errors
If a transaction is not completed due to the actions of a third party or if an error occurs as a result of the actions of a third party, we are not liable for any claims, obligations, expenses, losses, costs, and/or demands arising from such content or third-party activities.
Disclaimer of Warranties
By using the Solution and Services, you confirm that you accept them "as is" and "as available," and that their use is at your own risk and responsibility. We make no statements or warranties regarding the functionality, reliability, integrity, or accuracy of the Services, nor their suitability for your needs.
We reserve the right to change or remove Services and/or Service features at any time without prior notice.
From time to time, Service Providers may also offer Beta Services to Users. Beta Services are provided "as is," with no warranties, express or implied. The User may decide at their own discretion to trial such Beta Services. The User acknowledges that Beta Services may contain errors or defects, and any participation in Beta Services is at the User’s risk. The User acknowledges that the Service Provider may discontinue Beta Services at any time at their discretion and may never make Beta Services available for general use.
As a User, you agree that if the Services or Beta Services do not meet your expectations, your sole remedy will be to discontinue their use.
The User is fully responsible for the selection and use of Third-Party Services, and despite the provisions in other sections of the Agreement, we and our affiliates make no warranties, express or implied (by law or otherwise), and hereby disclaim all liability in relation to such Third-Party Services.
Limitation of Liability
You understand and agree that under no circumstances will we be liable for any of the following events:
Our total liability for the entire term of the Agreement and in relation to all claims regarding the Solution is limited to the amount you paid us in Commissions during the last month immediately preceding the event giving rise to the claim, but not exceeding 500 (five hundred) US dollars.
We are not liable for losses or damages caused by third parties intercepting data during your transactions in the Services.
We strive to ensure the accuracy of the information provided to you via the Personal Account or otherwise (e.g., through API interactions), but we cannot guarantee its full accuracy or timeliness, and therefore disclaim liability for using data and information for specific purposes.
User's Obligation to Indemnify
You agree to indemnify us and the Service Providers for any losses and expenses arising from third-party claims or demands due to your use of the Solution and Services, your violation of laws or third-party rights. This also includes reasonable expenses for external consultant services that may be needed in connection with such claims or demands.
Force Majeure
We are not responsible for any delay or failure to perform obligations under this Agreement if the delay or failure is caused by force majeure circumstances, including, but not limited to: fires, strikes, wars, floods, and other natural disasters, power outages or disruptions, actions of government authorities, failures in computer, server, or internet operations, criminal actions by third parties, or any other delays, failures, or interruptions that cannot be anticipated.
Privacy of Others' Information
If you obtain information about another User as a result of using the Solution and Services, you must keep this information confidential and use it only in connection with the Services and always in accordance with Applicable law. You should not disclose or distribute any information about the User to a third party or use this information in any way, except when reasonably necessary for the purpose of using the Services.
Taxation
You are solely responsible for accounting and fulfilling any tax obligations that may arise in connection with the use of the Solution and your access to and use of the Services. We make no representations regarding tax obligations, and we do not assume any responsibility for users' tax obligations, nor for the collection, reporting, withholding, or payment of any taxes arising from the Solution and Services you use. You acknowledge and agree that we will not provide any tax advice.
Special Conditions
The User represents and warrants that they are not included in any lists of persons subject to international sanctions. The User acknowledges that the Service may not be available in some jurisdictions, and the User is solely responsible for (a) compliance with export control laws; and (b) monitoring them for any changes. We may immediately terminate this Agreement if we reasonably believe that the User is in violation of this section.
Confidentiality
Any personal information you share will be considered confidential. Such information may be shared with affiliates, business partners, Service Providers, and other parties in accordance with the Agreement. Website tracking systems may collect data about the pages you visit, how you discovered the Service, visit frequency, and so on. The information we collect is used to improve the Services and may be used by us or Service Providers to contact you through appropriate means and provide you with any information that we believe may be useful to you. For more details, refer to our Privacy Policy.
Dispute Resolution
Notice of Claim
Please contact us first if you have any questions about the Solution and Services. We want to resolve your issues without resorting to formal legal proceedings, if possible. A ticket number will be assigned if your issues cannot be resolved initially. The issuance of a ticket number initiates an internal dispute resolution process. We will strive to resolve the dispute as quickly as possible. Both parties agree to negotiate in good faith to resolve the dispute (such discussions should remain confidential and subject to applicable rules protecting settlement discussions from being used as evidence in any legal proceedings).
If the dispute cannot be resolved satisfactorily, and you wish to file a claim against us, you agree to provide the grounds for such a claim in writing in the "Notice of Claim" as a form of preliminary notice. The Notice of Claim must include (1) the nature and basis of the claim or dispute, (2) the specific legal remedies sought, (3) the original ticket number, and (4) the email address of your Account. The Notice of Claim should be sent to the following email address: partners@valut.net. After you send the Notice of Claim, the dispute mentioned in the Notice of Claim may be referred to arbitration either by us or by you.
To avoid any misunderstandings, submitting the dispute to us for internal resolution and sending the Notice of Claim are preliminary conditions for initiating arbitration (or any other legal proceedings).
During arbitration proceedings, the amount of any settlement offer made by you or us must not be disclosed to the arbitrator.
You and we agree that, pursuant to the previous section (Notice of Claim), any claim will be considered by the courts of the country of registration of the Solution Provider.
Statute of Limitations
Any legal action against us must be initiated by submitting and delivering a Notice of Legal Proceedings within one year from the date when the User bringing the claim first knew or reasonably should have known about the alleged act, omission, or failure to perform obligations that caused the claim ("Statute of Limitations"). To avoid any misunderstandings, the Statute of Limitations includes the dispute resolution period specified in this Agreement. The User is not entitled to any legal remedy or judicial protection regarding any claim if the Notice of Legal Proceedings related to that claim is not submitted and delivered to us within this Statute of Limitations. If the Statute of Limitations conflicts with Applicable law, the User must file any claim with us within the shortest time allowed by Applicable law.
Notice of Arbitration Proceedings
If we initiate legal proceedings against you, we will send you a notice to the email address you provided.
Waiver of Class Action
You and we agree that any claims must be brought against us in legal proceedings only on an individual basis. You agree to waive any right to file, hear, or consider such claims as part of a class action.
Applicable Law
Except where Applicable law requires or provides you with the choice of another, this Agreement is governed by and interpreted in accordance with the laws of the country of the Solution Provider's registration.
Term and Termination of the Agreement
This Agreement is concluded for an indefinite term and remains in effect until terminated in accordance with the provisions outlined in the Agreement.
If the User has no outstanding debts to us, the balance in the Personal Account is either positive or zero, and there are no open Digital Tools, they have the right to terminate the relationship by contacting customer support and following their instructions.
After deleting the Account, access to the Services becomes impossible. Any financial obligations of the parties arising before the account deletion date remain until they are fully settled.
Amendments
We have the right to unilaterally amend this Agreement and other applicable documents, including the Terms of Services. Please review this Agreement and other applicable documents every time you access the Solution, Services, and/or use them. You acknowledge and agree that by accessing the Solution, Services, and/or using them, it will be considered that you have accepted the latest versions of the documents. If you do not agree to comply with the terms of this Agreement and other applicable documents, you are not authorized to access the Solution, Services, or use them. We notify the User of changes to the Agreement and other applicable documents by posting updated versions in the Personal Account and/or on the Website. Changes take effect from the moment the new version of the document is published unless otherwise specified upon publication. The use of the Solution and Services by the User after changes take effect is considered an unconditional acceptance of the updated terms. Updated information about Fees takes effect from the moment it is published in the Personal Account or sent to the User's email address. Transactions in the Services after that indicate the User's acceptance of the new fee conditions.
Language
The language of the Agreement is English. This Agreement may be translated into a language other than English. Any such translation is provided solely for your convenience. In the event of any inconsistency or ambiguity, the English version shall prevail.
Legal Validity
All provisions of this Agreement that by their nature extend beyond the expiration or termination of this Agreement will continue to remain binding and effective after the expiration or termination of this Agreement.
Invalidity
If at any time any provision of this Agreement is or becomes illegal, invalid, or unenforceable in any respect, it will not affect the legality, validity, or enforceability of the remaining provisions.
Relationship Between the Parties
We are not your agent in performing this Agreement. This Agreement should not be interpreted as evidence or proof of the creation of an association, joint venture, partnership, or franchise between the parties.
No Waiver of Rights
No delay or omission by us in exercising any right or remedy under this Agreement shall operate as a waiver of our future exercise of that right or remedy. The rights and remedies provided in this Agreement are cumulative and do not exclude any rights or remedies provided by Applicable law.
Set-Off
In addition to any legal or other remedy available under this Agreement or Applicable law, we may offset any amounts you owe us under this Agreement.
Assignment
You may not assign or transfer any of your rights or obligations under this Agreement without our prior written consent. However, we may assign or transfer any of our rights or obligations under this Agreement to any other party at any time, including, but not limited to, in connection with any merger, acquisition, or other corporate reorganization involving us.
Contact Information
We provide information to the User through the Personal Account or using the contact details provided by the User. By providing us with the User's contact details (such as email address, phone number), the User agrees to receive any information from us and other Service Providers via the provided contact details, including information about changes to this Agreement. It is crucial that your contact details are accurate and up-to-date. If your contact details change, please immediately inform us. We are not responsible if you miss important information or notifications from us and other Service Providers due to outdated contact details.
Communication between the User and us, other Service Providers, our clarifications regarding the Agreement, news, articles, newsletters, etc., sent by us or the Service Provider, are not investment advice or recommendations to engage in a transaction.
Personal messages sent to the User are considered received by the User when the time typically required for sending a message through the relevant means of communication has passed. A message sent to the Personal Account, by email, SMS, or messenger is considered received on the day it is sent.
The User must immediately inform us and the Service Providers of any changes to the data provided earlier (e.g., changes in personal or contact information), as well as any circumstances that may affect the fulfillment of the User's obligations to us or other Service Providers (e.g., reorganization, bankruptcy, enforcement, or liquidation proceedings). Upon request, the User must provide a document confirming the change.
The User must immediately notify us and other Service Providers about the loss of any identity document or other means of identification or security element.
You agree that we may record and store any phone calls, email correspondence, chat interactions, and any other forms of communication with you, including communication used for giving instructions to initiate transactions, and that these recordings may be used as evidence in any disputes. These recordings will be our exclusive property.
If you communicate with us by email, you should be aware that email security on the Internet is uncertain. By sending unencrypted confidential emails, you assume the risks associated with such uncertainty and the potential lack of privacy on the Internet. The Internet is not 100% secure, and someone may intercept and read your data.
For more information about us, you can visit our Website. If you have questions, feedback, or complaints, you can contact our user support team at partners@valut.net, @VLTSupport. Please note that for certain notifications in this Agreement, other contact details may be provided.
User Support
Our user support team will make reasonable efforts to address and resolve User requests in a timely and effective manner. However, the resolution time may vary depending on the nature and complexity of the issue.
Do not use customer support to send offensive, defamatory, dishonest, or obscene messages, manipulate markets, spread false or misleading information, or send messages that violate Applicable law. Engaging in such actions may result in termination of access to user support and potential restrictions on your access to the Services.
We reserve the right to remove any information posted by you that violates Applicable law or the Agreement without prior notice.
By registering as a User of the Valut.net solution (hereinafter referred to as the "Solution"), you confirm that you have read this Agreement (hereinafter referred to as the "Agreement") and other documents mentioned herein, agree to the terms of the Agreement and those documents, and undertake to comply with them, including any updates or amendments made over time.
The Agreement refers to several important applicable documents, including:
- Service Terms, which outline additional conditions for the provision and use of specific Services
- Privacy Policy
Please read the Agreement and all related documents carefully. If you have any questions or need clarification, feel free to contact us. If you do not fully understand or accept this Agreement, you must not register an Account or access the Solution or any Services integrated with it.
Terms and Definitions
In this Agreement, the following terms have the meanings set forth below:
Intellectual Property Rights – (i) patents, industrial designs, patent applications, patent disclosures, and inventions; (ii) trademarks, service marks, trade dress, trade names, logos, and corporate names, as well as registrations and applications for registration thereof; (iii) copyrights (registered and unregistered), copyright-protected software, data, databases, and related documentation; (iv) design rights; (v) trade secrets and other confidential information; (vi) geographical indications and designations of origin; (vii) all other intellectual property rights and equivalent or similar forms of protection existing anywhere in the world.
Solution Provider – the company that grants the User the rights to use the Solution. For convenience, in this Agreement, the company and/or any of its affiliates are referred to as the Solution Provider, "we," "our," or "us."
Service Provider – an entity that provides a specific set of services within the corresponding Service.
1.1. Payment Partner – an entity that, at the request of the User or the Solution Provider, facilitates the transfer of the User’s funds to ensure the stable operation of the Services. If the Payment Partner processes a fund transfer at the request of the User, the relationship between the Payment Partner and the User is governed by a separate agreement between them.
1.2. Digital Tool Provider – an entity responsible for issuing and maintaining Digital Tools. The Digital Tool Provider is integrated with the Solution Provider to ensure uninterrupted operation of the Services, for the benefit and in the interest of the Users.
1.3. Solution Provider – refers to us.
1.4. Other Service Providers may be mentioned in the Service Terms.
User – an individual or entity registered as a user of the Solution, who has obtained an Account as a result of registration and uses the Solution to facilitate interactions with Service Providers and/or the User’s clients.
Referrer – an individual or entity participating in a referral program to attract new Users and receiving rewards for doing so.
Solution – a digital environment that includes, among other components, the Account, Personal Dashboard, and integrations with Service Providers. Through the Solution, the User can initiate various operations within the Services integrated with the Solution, navigate to Service Providers’ platforms, view transaction history, and access other operation-related information.
Account – the User Account created for the User, which enables access to the Services.
Personal Dashboard – a personalized interface where the User can monitor information regarding deposits, expenses, balances, transaction history, and initiate the closure or blocking of Digital Tools.
Digital Tool – a tool that enables Users to manage their funds electronically within the Solution’s ecosystem. It is integrated with the Solution to ensure ease of use.
Fees – charges collected by the Service Provider.
Website – https://valut.net/
Applicable Law – laws, regulations, and rules that apply to the provision, receipt, or use of the Solution and/or Services.
References to the singular shall include the plural where the context permits.
References to this Agreement or any other agreement or document shall be construed as references to this Agreement or such other agreement or document, in each case as amended from time to time.
Headings in this Agreement are for convenience only and shall not affect the interpretation of this Agreement.
https://valut.net/service-terms/en
Before a User can access the Services, they must create an Account. During the account creation (registration) process, the User will be asked to provide certain registration details, such as an email address, password, etc. The list of required information may be modified from time to time by the Solution Provider at its sole discretion.
All information provided by the User during the account creation process must be truthful, accurate, current, and complete. If we determine that the information provided is not truthful, accurate, current, and/or complete, we reserve the right to deny the User registration, deny access to the Services (in whole or in part), restrict access to the Services (in whole or in part), or terminate and/or suspend the Account.
Once the User’s provided email address is verified (verification method determined by the Solution Provider), the User will be able to access the Personal Dashboard, access Services, and—if technically feasible—information from each Service integrated with the Solution will be displayed in the Dashboard. The Solution Provider and Service Providers may require the User to complete additional actions, and the User is obligated to perform such actions in order to gain access to specific Services.
When using the Solution and Services, the User may act only on their own behalf.
The User must ensure proper security and control over all identifiers, passwords, codes used to access the Solution and Services, as well as over the devices and equipment used to access the Personal Dashboard, Account, and Services. This includes any passwords the User uses to access the email address associated with the Account. The User is not permitted to sell, lend, share, or otherwise grant access to their Account to any other person. We may suspend or terminate the Account if we find that the User has violated this section of the Agreement.
The Account must not contain misleading, inaccurate, or fraudulent information, including but not limited to a fake phone number, creation of fake reputation data for the Account, or submission of falsified documents.
Accounts are provided at our sole discretion. We reserve the right to reject any Account application without providing a reason, or to limit the number of Accounts a User may hold.
To access the Personal Dashboard, the User is required to enter their unique identifier and provide any other information requested by the Solution Provider. Additionally, an Application Programming Interface (API) may be available for interacting with the Solution and accessing Account data.
Depending on the Services applied, the following information may be displayed in the User's Account:
- User’s personal data;
- Information about the balances and amounts of funds owned by the User;
- Statistical data related to balance top-ups and expenditures;
- Details of transactions performed using the provided Services;
- Data from Service Providers, provided with the User’s consent;
- Information about Fees;
- Other information related to the User’s interaction with the Services and their activities.
User Eligibility Criteria
To be eligible to register an Account and use the Services, the User must:
- be an individual at least 18 years old and not legally incapacitated;
- be authorized to act on behalf of a company and bind it to the obligations under this Agreement;
- not have been previously suspended from using the Services;
- not have an existing Account.
The User guarantees to:
- comply with this Agreement and other documents referenced herein, including any future amendments, if applicable;
- act in accordance with the laws of their jurisdiction and any other Applicable Law;
- ensure that, under any applicable laws, the User is not prohibited from using the Solution and Services. Depending on the User’s location or the location from which the User accesses or attempts to access the Solution and Services, there may be factors that limit or prevent such access or use. The User is responsible for complying with all laws and regulations applicable in their country of residence and/or the location from which access is made;
- not use the Solution and Services for any unlawful or prohibited purposes;
- confirm that they have read, understood, and fully agree with the Agreement as a whole and with each of its individual provisions.
Changes to User Eligibility Criteria
We may change the eligibility criteria at any time at our sole discretion. Where possible, we will notify the User before implementing such changes. However, we may be required to make changes without prior notice, including in the following cases:
- changes are due to legal and/or regulatory reasons; and/or
- changes are in the User’s best interest; and/or
- any other valid reasons that do not leave the Solution Provider time to notify the User in advance.
Access Restriction, Suspension, and Termination
We may terminate, suspend, or limit the User's access to the Solution or Services (in whole or in part), at our sole discretion, if:
- the User violates or has previously violated this Agreement and/or any agreement the User has entered into with the Solution Provider or a Service Provider;
- there is reason to believe the User’s use of the Solution and Services violates any applicable laws and/or regulations;
- we have reason to believe that during registration and/or at any other time the User has provided false, inaccurate, incomplete, misleading, and/or fraudulent information to the Solution Provider;
- the User failed to provide any requested information/documents to the Solution Provider within the specified time or provided fake and/or misleading documents;
- the User failed to take and/or refused and/or delayed taking actions as required by the Solution Provider's decision and/or refused to cooperate in a dispute in which the User was involved;
- the User attempted (successfully or unsuccessfully) to gain unauthorized access to the Solution or Service, bypass and/or break any security mechanism of the Solution or Service, and/or use the Solution or Service in any way that poses a security threat to us, any Service Provider, and/or any other User;
- the User attempted (successfully or unsuccessfully) to disrupt the operation of the Solution and/or damage software and/or hardware owned by us and/or other Service Providers;
- the Solution Provider is required to do so under any applicable law and/or order issued by a governmental authority;
- we have reason to suspect that the person using the User's Account is not the User, or that the Account has been or will be used for any illegal, fraudulent, or unauthorized purposes;
- we suspect that more than one person has access to the same Account;
- the User owes outstanding amounts to a Service Provider that have not been settled;
- any message sent to the email address specified in the User’s Account is returned as undeliverable;
- the User has taken actions intended to circumvent the Solution Provider’s control mechanisms, such as opening multiple Accounts without written consent, or abusing promotional campaigns we may offer from time to time;
- the User unreasonably delays action during the process of entering into the Agreement;
- the User has not completed the registration process and/or another required process;
- in any other cases provided for in this Agreement.
We will take reasonable steps to provide the User with appropriate notice of termination, suspension, or restriction. However, there may be situations where the Solution Provider is obligated not to do so in accordance with applicable law or the internal policies of the Solution Provider and/or the Service Provider.
The User acknowledges and agrees that:
- The above examples of situations where we may take action to restrict access, suspend, or terminate are not exhaustive; and
- The Solution Provider’s decision to take certain actions, including but not limited to restricting access, suspending, or terminating, may be based on confidential criteria that are important for risk management and security protocols. The User agrees that we are not obligated to disclose to the User the details of risk management and security procedures.
Account Types
In the future, we have the right to introduce different account types. Each account type will correspond to the specific scope of the User’s rights to use the Services.
Limits
Service Providers may set and change transaction limits for the Services. Information about limits will be communicated to the User through the Personal Account and/or in the Terms of Services and/or by other means.
Identification
If required by law or in accordance with our internal policy or the Service Provider’s policy, we may at any time introduce or modify mandatory identification and/or verification procedures and require you to undergo identification and/or verification. We may also require you to provide documents that confirm the information you have provided. Failure to complete identification and/or verification will be considered a violation of the Agreement and may lead to the suspension and/or termination of access to all or part of the Services.
By entering into the Agreement, you consent to the transfer of your data to Service Providers. In some cases, you will need to provide your data directly to the Service Providers in order to use certain Services. In such cases, you authorize the Service Providers to share your data with us.
You allow us and the Service Providers to conduct investigations directly or through third parties, and/or by using third-party databases and other sources, to verify your identity or to protect you and/or us/Service Providers from fraud, money laundering, terrorism financing, or other financial crimes. We may take appropriate actions based on the results of these checks.
We reserve the right to continuously monitor and review any information you provide, as necessary to comply with the requirements of internal policies, applicable law, sanctions programs, embargoes, court processes, or requests from competent authorities.
When we and/or the Service Providers send requests, you acknowledge and understand that your personal data or the personal data of your authorized representatives may be disclosed to identity verification agencies. These agencies may fully respond to our requests.
We and/or the Service Providers may require you to comply with enhanced due diligence procedures, which may include providing additional personal information, supplementary records or documentation, or participating in face-to-face meetings with representatives.
Commissions
You agree to pay all applicable Commissions associated with your use of the Services as specified in the Personal Account (if technically possible) or communicated to you in any relevant Terms of Services or at the time of the transaction, or by another agreed-upon method.
You authorize Service Providers to charge all applicable Commissions owed in connection with the use of the Services in accordance with the calculation method presented in the Personal Account (if technically possible) and/or at the time of the transaction or by another agreed-upon method.
The Solution Provider and other Service Providers may change Commissions from time to time, including introducing new Commissions.
We strive to display accurate information about the Commissions, but occasionally we may make unintended typographical errors, inaccuracies, or omissions related to Commissions. We reserve the right to correct any errors, inaccuracies, or omissions at any time.
Intellectual Property Rights
You acknowledge that all Intellectual Property Rights related to the Solution and the Services are owned by us, other Service Providers, or the relevant licensors. Service Providers reserve all rights that have not been expressly transferred to you through the Agreement or by other means.
The User is granted a limited right to use the Solution under a non-exclusive, non-transferable, non-sublicensable, revocable license, valid only for the duration of the Agreement and subject to compliance with all its provisions. Any other use beyond this license is prohibited. Upon termination or expiration of the Agreement, all licenses granted to you shall cease, and you must immediately cease all use of the Solution and the Services.
By uploading or otherwise providing any content while using the Solution, you automatically grant the Solution Provider and other Service Providers a worldwide, perpetual, revocable, and royalty-free license, including the right to sublicense, use, copy, modify, and distribute this content for the purpose of providing and improving the Services.
You guarantee that any content you upload does not infringe any intellectual property rights, does not violate privacy rights, and does not violate any other third-party rights, and you have all necessary rights or permissions required for its use in the Services.
Use of the trademarks, logos, or other commercial marks of the Solution Provider is prohibited without our explicit written permission.
In the event of any claims or disputes arising from your use of materials that violate Intellectual Property Rights, you agree to cover all associated losses and expenses of the Solution Provider and/or Service Providers.
The User is not entitled to, should not attempt, and must ensure that they do not allow or assist anyone in doing the following:
- Circumventing, disabling, or otherwise interfering with the security features of the Solution and Services or features that enforce limitations on the use of the Solution and Services;
- Disassembling, reverse-engineering, altering, translating, modifying, or decompiling elements of the Solution, or otherwise determining the source code of the Solution, except where permitted by Applicable Law;
- Distributing, copying, modifying, duplicating, renting, transferring, selling, or otherwise transferring the Solution or any User rights in it;
- Violating or abusing password protections, access management, and the use of the Solution;
- Disrupting the integrity or proper operation of the Solution, including creating an unduly large number of API requests that may disrupt the security or availability of the Solution and/or Services or that result in processing information for issuing Digital Tools without further top-ups or unsuccessful operations with issued Digital Tools;
- Using the Solution and/or Services in an unlawful manner or otherwise violating this Agreement. You must not use the Solution and/or Services to engage in any illegal operations, activities, or conduct, including but not limited to money laundering, terrorism financing, smuggling, and commercial bribery. In the event of suspicion or detection of any illegal operations, actions, or activities, we will take all available measures at our discretion, including suspending access to the Solution;
- Removing, obscuring, or otherwise altering any copyright, trademark, or other intellectual property notices belonging to us or third parties that appear in the Services or any part thereof.
Third-Party Services
Access to Third-Party Services
The User may choose to access certain Services provided by external and independent service providers ("Third-Party Service(s)") integrated with the Solution. The User acknowledges and agrees that:
- Third-Party Services are provided directly by the third party, under the control of the third party, and we are not responsible for the quality and availability of the content in Third-Party Services, including their completeness, reliability, timeliness, or lack of errors;
- We are not responsible for any actions or inactions of such third parties, including the failure of such Third-Party Services to function according to any agreed-upon standards;
- Third-Party Services are subject to the applicable terms and conditions of the third party (with which the User agrees when accessing these Third-Party Services), and by using Third-Party Services, the User enters into a direct relationship with that third party;
- The User’s ability to access Third-Party Services using their Account is in no way an endorsement or approval of those Third-Party Services by us.
Access by Third Parties to Usage Data
In order for the User to use Third-Party Services, we may need to provide certain data to the third party. The User acknowledges and agrees that we may share any data (including, but not limited to, usage data) provided to us by the User while using the Solution. The User grants permission and agrees that we share only the data necessary for the operation of the Third-Party Services requested by the User.
Disclaimer of Third-Party Content Accuracy
We cannot guarantee and do not guarantee that any third-party content provided in the Third-Party Service is accurate, complete, reliable, current, or error-free.
Disclaimer of Liability for Third-Party Services Errors
If a transaction is not completed due to the actions of a third party or if an error occurs as a result of the actions of a third party, we are not liable for any claims, obligations, expenses, losses, costs, and/or demands arising from such content or third-party activities.
Disclaimer of Warranties
By using the Solution and Services, you confirm that you accept them "as is" and "as available," and that their use is at your own risk and responsibility. We make no statements or warranties regarding the functionality, reliability, integrity, or accuracy of the Services, nor their suitability for your needs.
We reserve the right to change or remove Services and/or Service features at any time without prior notice.
From time to time, Service Providers may also offer Beta Services to Users. Beta Services are provided "as is," with no warranties, express or implied. The User may decide at their own discretion to trial such Beta Services. The User acknowledges that Beta Services may contain errors or defects, and any participation in Beta Services is at the User’s risk. The User acknowledges that the Service Provider may discontinue Beta Services at any time at their discretion and may never make Beta Services available for general use.
As a User, you agree that if the Services or Beta Services do not meet your expectations, your sole remedy will be to discontinue their use.
The User is fully responsible for the selection and use of Third-Party Services, and despite the provisions in other sections of the Agreement, we and our affiliates make no warranties, express or implied (by law or otherwise), and hereby disclaim all liability in relation to such Third-Party Services.
Limitation of Liability
You understand and agree that under no circumstances will we be liable for any of the following events:
- Loss of income;
- Loss of profit from a transaction or contractual loss;
- Disruption of business activities;
- Currency losses;
- Loss of information;
- Loss of opportunity;
- Damage to reputation;
- Data damage or loss;
- Any indirect, special, or incidental damages or losses.
Our total liability for the entire term of the Agreement and in relation to all claims regarding the Solution is limited to the amount you paid us in Commissions during the last month immediately preceding the event giving rise to the claim, but not exceeding 500 (five hundred) US dollars.
We are not liable for losses or damages caused by third parties intercepting data during your transactions in the Services.
We strive to ensure the accuracy of the information provided to you via the Personal Account or otherwise (e.g., through API interactions), but we cannot guarantee its full accuracy or timeliness, and therefore disclaim liability for using data and information for specific purposes.
User's Obligation to Indemnify
You agree to indemnify us and the Service Providers for any losses and expenses arising from third-party claims or demands due to your use of the Solution and Services, your violation of laws or third-party rights. This also includes reasonable expenses for external consultant services that may be needed in connection with such claims or demands.
Force Majeure
We are not responsible for any delay or failure to perform obligations under this Agreement if the delay or failure is caused by force majeure circumstances, including, but not limited to: fires, strikes, wars, floods, and other natural disasters, power outages or disruptions, actions of government authorities, failures in computer, server, or internet operations, criminal actions by third parties, or any other delays, failures, or interruptions that cannot be anticipated.
Privacy of Others' Information
If you obtain information about another User as a result of using the Solution and Services, you must keep this information confidential and use it only in connection with the Services and always in accordance with Applicable law. You should not disclose or distribute any information about the User to a third party or use this information in any way, except when reasonably necessary for the purpose of using the Services.
Taxation
You are solely responsible for accounting and fulfilling any tax obligations that may arise in connection with the use of the Solution and your access to and use of the Services. We make no representations regarding tax obligations, and we do not assume any responsibility for users' tax obligations, nor for the collection, reporting, withholding, or payment of any taxes arising from the Solution and Services you use. You acknowledge and agree that we will not provide any tax advice.
Special Conditions
The User represents and warrants that they are not included in any lists of persons subject to international sanctions. The User acknowledges that the Service may not be available in some jurisdictions, and the User is solely responsible for (a) compliance with export control laws; and (b) monitoring them for any changes. We may immediately terminate this Agreement if we reasonably believe that the User is in violation of this section.
Confidentiality
Any personal information you share will be considered confidential. Such information may be shared with affiliates, business partners, Service Providers, and other parties in accordance with the Agreement. Website tracking systems may collect data about the pages you visit, how you discovered the Service, visit frequency, and so on. The information we collect is used to improve the Services and may be used by us or Service Providers to contact you through appropriate means and provide you with any information that we believe may be useful to you. For more details, refer to our Privacy Policy.
Dispute Resolution
Notice of Claim
Please contact us first if you have any questions about the Solution and Services. We want to resolve your issues without resorting to formal legal proceedings, if possible. A ticket number will be assigned if your issues cannot be resolved initially. The issuance of a ticket number initiates an internal dispute resolution process. We will strive to resolve the dispute as quickly as possible. Both parties agree to negotiate in good faith to resolve the dispute (such discussions should remain confidential and subject to applicable rules protecting settlement discussions from being used as evidence in any legal proceedings).
If the dispute cannot be resolved satisfactorily, and you wish to file a claim against us, you agree to provide the grounds for such a claim in writing in the "Notice of Claim" as a form of preliminary notice. The Notice of Claim must include (1) the nature and basis of the claim or dispute, (2) the specific legal remedies sought, (3) the original ticket number, and (4) the email address of your Account. The Notice of Claim should be sent to the following email address: partners@valut.net. After you send the Notice of Claim, the dispute mentioned in the Notice of Claim may be referred to arbitration either by us or by you.
To avoid any misunderstandings, submitting the dispute to us for internal resolution and sending the Notice of Claim are preliminary conditions for initiating arbitration (or any other legal proceedings).
During arbitration proceedings, the amount of any settlement offer made by you or us must not be disclosed to the arbitrator.
You and we agree that, pursuant to the previous section (Notice of Claim), any claim will be considered by the courts of the country of registration of the Solution Provider.
Statute of Limitations
Any legal action against us must be initiated by submitting and delivering a Notice of Legal Proceedings within one year from the date when the User bringing the claim first knew or reasonably should have known about the alleged act, omission, or failure to perform obligations that caused the claim ("Statute of Limitations"). To avoid any misunderstandings, the Statute of Limitations includes the dispute resolution period specified in this Agreement. The User is not entitled to any legal remedy or judicial protection regarding any claim if the Notice of Legal Proceedings related to that claim is not submitted and delivered to us within this Statute of Limitations. If the Statute of Limitations conflicts with Applicable law, the User must file any claim with us within the shortest time allowed by Applicable law.
Notice of Arbitration Proceedings
If we initiate legal proceedings against you, we will send you a notice to the email address you provided.
Waiver of Class Action
You and we agree that any claims must be brought against us in legal proceedings only on an individual basis. You agree to waive any right to file, hear, or consider such claims as part of a class action.
Applicable Law
Except where Applicable law requires or provides you with the choice of another, this Agreement is governed by and interpreted in accordance with the laws of the country of the Solution Provider's registration.
Term and Termination of the Agreement
This Agreement is concluded for an indefinite term and remains in effect until terminated in accordance with the provisions outlined in the Agreement.
If the User has no outstanding debts to us, the balance in the Personal Account is either positive or zero, and there are no open Digital Tools, they have the right to terminate the relationship by contacting customer support and following their instructions.
After deleting the Account, access to the Services becomes impossible. Any financial obligations of the parties arising before the account deletion date remain until they are fully settled.
Amendments
We have the right to unilaterally amend this Agreement and other applicable documents, including the Terms of Services. Please review this Agreement and other applicable documents every time you access the Solution, Services, and/or use them. You acknowledge and agree that by accessing the Solution, Services, and/or using them, it will be considered that you have accepted the latest versions of the documents. If you do not agree to comply with the terms of this Agreement and other applicable documents, you are not authorized to access the Solution, Services, or use them. We notify the User of changes to the Agreement and other applicable documents by posting updated versions in the Personal Account and/or on the Website. Changes take effect from the moment the new version of the document is published unless otherwise specified upon publication. The use of the Solution and Services by the User after changes take effect is considered an unconditional acceptance of the updated terms. Updated information about Fees takes effect from the moment it is published in the Personal Account or sent to the User's email address. Transactions in the Services after that indicate the User's acceptance of the new fee conditions.
Language
The language of the Agreement is English. This Agreement may be translated into a language other than English. Any such translation is provided solely for your convenience. In the event of any inconsistency or ambiguity, the English version shall prevail.
Legal Validity
All provisions of this Agreement that by their nature extend beyond the expiration or termination of this Agreement will continue to remain binding and effective after the expiration or termination of this Agreement.
Invalidity
If at any time any provision of this Agreement is or becomes illegal, invalid, or unenforceable in any respect, it will not affect the legality, validity, or enforceability of the remaining provisions.
Relationship Between the Parties
We are not your agent in performing this Agreement. This Agreement should not be interpreted as evidence or proof of the creation of an association, joint venture, partnership, or franchise between the parties.
No Waiver of Rights
No delay or omission by us in exercising any right or remedy under this Agreement shall operate as a waiver of our future exercise of that right or remedy. The rights and remedies provided in this Agreement are cumulative and do not exclude any rights or remedies provided by Applicable law.
Set-Off
In addition to any legal or other remedy available under this Agreement or Applicable law, we may offset any amounts you owe us under this Agreement.
Assignment
You may not assign or transfer any of your rights or obligations under this Agreement without our prior written consent. However, we may assign or transfer any of our rights or obligations under this Agreement to any other party at any time, including, but not limited to, in connection with any merger, acquisition, or other corporate reorganization involving us.
Contact Information
We provide information to the User through the Personal Account or using the contact details provided by the User. By providing us with the User's contact details (such as email address, phone number), the User agrees to receive any information from us and other Service Providers via the provided contact details, including information about changes to this Agreement. It is crucial that your contact details are accurate and up-to-date. If your contact details change, please immediately inform us. We are not responsible if you miss important information or notifications from us and other Service Providers due to outdated contact details.
Communication between the User and us, other Service Providers, our clarifications regarding the Agreement, news, articles, newsletters, etc., sent by us or the Service Provider, are not investment advice or recommendations to engage in a transaction.
Personal messages sent to the User are considered received by the User when the time typically required for sending a message through the relevant means of communication has passed. A message sent to the Personal Account, by email, SMS, or messenger is considered received on the day it is sent.
The User must immediately inform us and the Service Providers of any changes to the data provided earlier (e.g., changes in personal or contact information), as well as any circumstances that may affect the fulfillment of the User's obligations to us or other Service Providers (e.g., reorganization, bankruptcy, enforcement, or liquidation proceedings). Upon request, the User must provide a document confirming the change.
The User must immediately notify us and other Service Providers about the loss of any identity document or other means of identification or security element.
You agree that we may record and store any phone calls, email correspondence, chat interactions, and any other forms of communication with you, including communication used for giving instructions to initiate transactions, and that these recordings may be used as evidence in any disputes. These recordings will be our exclusive property.
If you communicate with us by email, you should be aware that email security on the Internet is uncertain. By sending unencrypted confidential emails, you assume the risks associated with such uncertainty and the potential lack of privacy on the Internet. The Internet is not 100% secure, and someone may intercept and read your data.
For more information about us, you can visit our Website. If you have questions, feedback, or complaints, you can contact our user support team at partners@valut.net, @VLTSupport. Please note that for certain notifications in this Agreement, other contact details may be provided.
User Support
Our user support team will make reasonable efforts to address and resolve User requests in a timely and effective manner. However, the resolution time may vary depending on the nature and complexity of the issue.
Do not use customer support to send offensive, defamatory, dishonest, or obscene messages, manipulate markets, spread false or misleading information, or send messages that violate Applicable law. Engaging in such actions may result in termination of access to user support and potential restrictions on your access to the Services.
We reserve the right to remove any information posted by you that violates Applicable law or the Agreement without prior notice.
Privacy Policy
Last update: April 08, 2025.
This Privacy Policy (hereinafter referred to as the “Policy”) governs the collection, use, storage, disclosure and protection of personal data of individuals whose data is processed when using the website and services of VALUT.NET (hereinafter referred to as the “Company”, “we”, “us”, “Service”).
1. General Provisions
1.1 This Policy applies to all Users, regardless of their location, when using the VALUT.NET Services, including the website, mobile applications, APIs, referral programs and other platforms administered by the Company.
1.2 By using the Service, you confirm that you have read this Policy, understand its contents and consent to the processing of your personal data in accordance with its provisions.
1.3 In case of disagreement with the terms of the Policy you are obliged to stop using the Service.
2. Contact Information
Website: https://valut.net
Contact e-mail: info@valut.net
You may send inquiries, appeals or complaints related to the processing of personal data to the e-mail address provided.
3. Processed data
3.1 Data provided by the User:
Surname, first name, patronymic;
Date of birth, citizenship;
Address of residence and registration;
Telephone number, e-mail address;
Passport data or data of other identity documents;
Taxpayer Identification Number (TIN), if applicable;
Company representative details (if you are acting on behalf of a legal entity);
Financial information: account details, bank and payment details (in anonymized form);
Documents and other data provided as part of verification or KYC/AML procedures;
Other information provided in the form of feedback, when participating in loyalty programs, surveys, technical support.
3.2 Data collected automatically:
IP address, browser type, language settings, device type and model, OS version;
Information about login time, logout time, actions on the site;
Geographic location (if authorized);
Information about transactions, actions within the Service;
Log files, cookies, pixels, session identifiers.
3.3 Third Party Data:
From affiliated entities and business partners;
From payment systems, verification providers;
From public sources and government registries;
From parties authorized by you to transmit data.
4. Purposes of personal data processing
The Company processes personal data for the following purposes:
User registration, Account creation and administration;
Providing access to the functionality of the Service;
Verifying the User's identity (KYC) and risk assessment (AML);
Fulfillment of contractual obligations, including transaction processing;
Support and maintenance of Users, responding to requests;
Detection and prevention of fraudulent, illegal actions;
Analytics, statistics, improvement of the Service;
Personalization of the interface, recommendations and notifications;
Marketing communications, including advertising;
Fulfillment of legal requirements and requests of state authorities.
5. Legal basis for processing
Processing of personal data is carried out on the following grounds:
Conclusion and execution of a contract with the User;
Consent of the data subject to the processing;
The legitimate interests of the Company (e.g. fraud prevention, analytics);
Fulfillment of legal obligations under the laws of the place of incorporation.
6. Storage of Data
6.1 Data shall be stored for the period necessary to achieve the purposes of processing or for the period required by applicable law, including regulations on the retention of accounting, financial and other legal documents.
6.2 Upon expiration of the storage period, the data shall be deleted or depersonalized.
6.3 The User has the right to request deletion of personal data if there are no grounds for further processing, except as provided by law.
7. Transfer and disclosure of data
The Company may transfer personal data to the following categories of recipients:
Affiliated entities;
Payment systems and financial institutions;
Cloud storage, analytics, and technical support providers;
Marketing agencies;
Government agencies upon official request;
To assignees in case of reorganization, merger, liquidation.
8. Cross-border data transfer
If the processing involves a cross-border transfer of data we will ensure appropriate legal protection mechanisms.
9. Cookies and similar technologies
9.1 We use cookies and tracking technologies to:
identifying the User at login;
storing User preferences;
analyze behavior and optimize the site;
display relevant advertising.
9.2 You can control cookies through your browser settings. Disabling it may limit the functionality of the Service.
10. Automation and profiling
10.1 We may use automated processing (including profiling) to:
risk assessment, fraud prevention;
service recommendations, interface improvements;
personalize marketing.
10.2 You have the right to:
receive information about the processing logic;
refuse profiling associated with legal consequences;
appeal against an automatic decision involving a human being.
11. Rights of the User
The User has the following rights:
The right to access their personal data;
The right to rectification (update, amendment);
The right to erasure (“right to be forgotten”);
Right to restriction of processing;
The right to withdraw consent;
The right to lodge a complaint with a supervisory authority;
The right to opt out of receiving advertising and marketing.
Requests shall be sent to the e-mail address of the Service (clause 2). We undertake to respond within a reasonable time, but no later than 30 calendar days.
12. Personal data protection
The Company applies a set of measures to ensure data security, including:
encryption (TLS/SSL), VPN and access segmentation;
use of certified data centers;
access restrictions based on the “necessary minimum” principle;
multi-factor authentication and activity monitoring;
internal regulations, auditing and employee training.
In the event of an incident, we will notify you within the statutory timeframe.
13. Links to external sites
The Service may contain links to third-party web resources. The Company does not control the privacy policy and security of these resources. We recommend that you read their terms and conditions separately.
14. Policy updates
The Company reserves the right to make changes to this Policy at any time. Updates are effective when the new version is posted on the website.
15. Applicable Law and Jurisdiction
This Policy shall be governed by and construed in accordance with the laws of the Company's country of incorporation. All disputes arising in connection with the processing of personal data shall be resolved in the appropriate court of the said jurisdiction.
This Privacy Policy (hereinafter referred to as the “Policy”) governs the collection, use, storage, disclosure and protection of personal data of individuals whose data is processed when using the website and services of VALUT.NET (hereinafter referred to as the “Company”, “we”, “us”, “Service”).
1. General Provisions
1.1 This Policy applies to all Users, regardless of their location, when using the VALUT.NET Services, including the website, mobile applications, APIs, referral programs and other platforms administered by the Company.
1.2 By using the Service, you confirm that you have read this Policy, understand its contents and consent to the processing of your personal data in accordance with its provisions.
1.3 In case of disagreement with the terms of the Policy you are obliged to stop using the Service.
2. Contact Information
Website: https://valut.net
Contact e-mail: info@valut.net
You may send inquiries, appeals or complaints related to the processing of personal data to the e-mail address provided.
3. Processed data
3.1 Data provided by the User:
Surname, first name, patronymic;
Date of birth, citizenship;
Address of residence and registration;
Telephone number, e-mail address;
Passport data or data of other identity documents;
Taxpayer Identification Number (TIN), if applicable;
Company representative details (if you are acting on behalf of a legal entity);
Financial information: account details, bank and payment details (in anonymized form);
Documents and other data provided as part of verification or KYC/AML procedures;
Other information provided in the form of feedback, when participating in loyalty programs, surveys, technical support.
3.2 Data collected automatically:
IP address, browser type, language settings, device type and model, OS version;
Information about login time, logout time, actions on the site;
Geographic location (if authorized);
Information about transactions, actions within the Service;
Log files, cookies, pixels, session identifiers.
3.3 Third Party Data:
From affiliated entities and business partners;
From payment systems, verification providers;
From public sources and government registries;
From parties authorized by you to transmit data.
4. Purposes of personal data processing
The Company processes personal data for the following purposes:
User registration, Account creation and administration;
Providing access to the functionality of the Service;
Verifying the User's identity (KYC) and risk assessment (AML);
Fulfillment of contractual obligations, including transaction processing;
Support and maintenance of Users, responding to requests;
Detection and prevention of fraudulent, illegal actions;
Analytics, statistics, improvement of the Service;
Personalization of the interface, recommendations and notifications;
Marketing communications, including advertising;
Fulfillment of legal requirements and requests of state authorities.
5. Legal basis for processing
Processing of personal data is carried out on the following grounds:
Conclusion and execution of a contract with the User;
Consent of the data subject to the processing;
The legitimate interests of the Company (e.g. fraud prevention, analytics);
Fulfillment of legal obligations under the laws of the place of incorporation.
6. Storage of Data
6.1 Data shall be stored for the period necessary to achieve the purposes of processing or for the period required by applicable law, including regulations on the retention of accounting, financial and other legal documents.
6.2 Upon expiration of the storage period, the data shall be deleted or depersonalized.
6.3 The User has the right to request deletion of personal data if there are no grounds for further processing, except as provided by law.
7. Transfer and disclosure of data
The Company may transfer personal data to the following categories of recipients:
Affiliated entities;
Payment systems and financial institutions;
Cloud storage, analytics, and technical support providers;
Marketing agencies;
Government agencies upon official request;
To assignees in case of reorganization, merger, liquidation.
8. Cross-border data transfer
If the processing involves a cross-border transfer of data we will ensure appropriate legal protection mechanisms.
9. Cookies and similar technologies
9.1 We use cookies and tracking technologies to:
identifying the User at login;
storing User preferences;
analyze behavior and optimize the site;
display relevant advertising.
9.2 You can control cookies through your browser settings. Disabling it may limit the functionality of the Service.
10. Automation and profiling
10.1 We may use automated processing (including profiling) to:
risk assessment, fraud prevention;
service recommendations, interface improvements;
personalize marketing.
10.2 You have the right to:
receive information about the processing logic;
refuse profiling associated with legal consequences;
appeal against an automatic decision involving a human being.
11. Rights of the User
The User has the following rights:
The right to access their personal data;
The right to rectification (update, amendment);
The right to erasure (“right to be forgotten”);
Right to restriction of processing;
The right to withdraw consent;
The right to lodge a complaint with a supervisory authority;
The right to opt out of receiving advertising and marketing.
Requests shall be sent to the e-mail address of the Service (clause 2). We undertake to respond within a reasonable time, but no later than 30 calendar days.
12. Personal data protection
The Company applies a set of measures to ensure data security, including:
encryption (TLS/SSL), VPN and access segmentation;
use of certified data centers;
access restrictions based on the “necessary minimum” principle;
multi-factor authentication and activity monitoring;
internal regulations, auditing and employee training.
In the event of an incident, we will notify you within the statutory timeframe.
13. Links to external sites
The Service may contain links to third-party web resources. The Company does not control the privacy policy and security of these resources. We recommend that you read their terms and conditions separately.
14. Policy updates
The Company reserves the right to make changes to this Policy at any time. Updates are effective when the new version is posted on the website.
15. Applicable Law and Jurisdiction
This Policy shall be governed by and construed in accordance with the laws of the Company's country of incorporation. All disputes arising in connection with the processing of personal data shall be resolved in the appropriate court of the said jurisdiction.
Service Terms
Last updated: April 14, 2025
1. Provision of the Digital Tool
Upon the User’s request, a Digital Tool may become available. This tool is provided by a third party (the Digital Tool Provider/Tool Provider), not the Solution Provider. To obtain the Digital Tool, the User may be required to provide additional information to assess and minimize risks associated with the tool’s use. The User agrees to the collection, processing, and transfer of information related to the Digital Tool between the User, the Solution Provider, and the Tool Provider to ensure proper service functionality.
The User confirms that the information provided to obtain the Digital Tool is current and accurate. In case of any changes, the User agrees to promptly notify the Solution Provider to ensure proper service usage.
The Digital Tool is provided for lawful purposes and in accordance with the conditions established by the Tool Provider. The User agrees not to use the Digital Tool for illegal operations. If suspicious or unlawful activity is detected, the Tool Provider or the Solution Provider reserves the right to suspend or terminate access to the Digital Tool pending further investigation.
2. Role of the Solution Provider
The Solution Provider’s role is to ensure a secure and efficient digital environment for interaction between the User, the Tool Provider, and other Service Providers. The Solution Provider aims for maximum reliability and transparency in operations, allowing full control and monitoring.
All transactions made using the Digital Tool will be displayed in the "Transaction History" section of the User’s Account. Alongside transaction data, the User will have access to a range of information regarding the tool's usage and status.
The Solution Provider also commits to assisting and supporting Users with any questions or difficulties. This includes unique offerings and services tailored to the User's needs.
In case of changes to the terms or functionality of the Digital Tool, the Solution Provider commits to promptly informing the User, providing up-to-date information for decision-making.
3. Fees
Service usage involves fees. Current fee information is available in the User Account.
3.1. Additional Terms
3.1.1. Digital Tool Inactivity
If there is no activity (funding or withdrawal) involving the Digital Tool for 90 days following issuance or the last operation, the tool will be considered inactive. In such a case, the Solution Provider will initiate the closure of the tool. Remaining funds will be transferred to the User’s Account balance, minus a closure fee as per the current rates provided in the User Account.
The User will be notified of the upcoming tool closure by email. Once the funds are transferred and the tool is closed, further use of the tool will not be possible. It is the User’s responsibility to monitor tool activity and take timely action if necessary.
3.1.2. Account Balance Inactivity
If no active operations (funding or withdrawal related to the issuance or servicing of the Digital Tool) occur in the User Account for 180 consecutive days, the account will be considered inactive. An inactivity fee will be charged according to the current rates available in the User Account.
This measure encourages Users to actively utilize the service and available funds. Users will be notified about upcoming inactivity fee charges via email, including the date the charges will begin. Users may avoid the fee by performing any active transaction before the specified date.
3.1.3. User-Initiated Tool Closure
If the User closes the Digital Tool with a positive balance, a closure fee will apply. The fee is determined by the Solution Provider’s current rates and will be disclosed in the User Account. The fee covers administrative costs associated with processing the closure request.
3.1.4. Fee Terms Revisions
The Solution Provider reserves the right to revise inactivity and closure fee terms, including the percentage and period after which inactivity is considered. All changes will be promptly communicated in the User Account.
4. Pre-funding the Account
The User must fund their Account before using certain Services. The minimum funding amount is stated in the User Account and may vary based on current conditions and special offers. The User will be informed of any changes to the minimum balance.
A minimum balance, as indicated in the Account, must be maintained to ensure uninterrupted service. If the balance falls below the minimum, service usage will be restricted.
The Solution Provider may change the minimum funding and required minimum balance based on economic conditions or internal policy. Users will be notified in advance of such changes.
Special conditions of the virtual asset wallet provider:
When funding the Account with virtual assets, the User must ensure that the KYT scoring of the assets used is no higher than 30%, as determined by the virtual asset wallet provider. If the score exceeds this threshold, or in other cases in line with the wallet provider’s internal policy, the assets may be returned to the originating crypto address. A fee may apply, and any expenses related to verification/processing/returning the transaction may be deducted.
If the Digital Tool balance is insufficient, the transaction will not be processed.
5. Responsibility for Transactions
The User is responsible for all transactions initiated using the Digital Tool. If the Solution Provider becomes liable to the Tool Provider or other third parties for any transaction involving the User's Digital Tool, the User must compensate the Solution Provider for damages and penalties. Such amounts may be deducted from the User’s funds.
6. Prohibition of Illegal Use
The User may not use the Digital Tool for illegal purposes such as money laundering, terrorism financing, or other prohibited activities. In such cases, the Solution Provider may request the Tool Provider to block or terminate the tool. The Solution Provider may also limit the transaction types or amounts.
7. Security and Precautionary Measures
If the User suspects unauthorized transactions, they may close or block the Digital Tool via the Account. Blocking/closure may take time, and the User remains responsible for transactions during this period.
8. Suspicious Transactions
In case of unconfirmed or suspicious usage, the Tool Provider or Solution Provider has the right to suspend transactions pending investigation.
1. Provision of the Digital Tool
Upon the User’s request, a Digital Tool may become available. This tool is provided by a third party (the Digital Tool Provider/Tool Provider), not the Solution Provider. To obtain the Digital Tool, the User may be required to provide additional information to assess and minimize risks associated with the tool’s use. The User agrees to the collection, processing, and transfer of information related to the Digital Tool between the User, the Solution Provider, and the Tool Provider to ensure proper service functionality.
The User confirms that the information provided to obtain the Digital Tool is current and accurate. In case of any changes, the User agrees to promptly notify the Solution Provider to ensure proper service usage.
The Digital Tool is provided for lawful purposes and in accordance with the conditions established by the Tool Provider. The User agrees not to use the Digital Tool for illegal operations. If suspicious or unlawful activity is detected, the Tool Provider or the Solution Provider reserves the right to suspend or terminate access to the Digital Tool pending further investigation.
2. Role of the Solution Provider
The Solution Provider’s role is to ensure a secure and efficient digital environment for interaction between the User, the Tool Provider, and other Service Providers. The Solution Provider aims for maximum reliability and transparency in operations, allowing full control and monitoring.
All transactions made using the Digital Tool will be displayed in the "Transaction History" section of the User’s Account. Alongside transaction data, the User will have access to a range of information regarding the tool's usage and status.
The Solution Provider also commits to assisting and supporting Users with any questions or difficulties. This includes unique offerings and services tailored to the User's needs.
In case of changes to the terms or functionality of the Digital Tool, the Solution Provider commits to promptly informing the User, providing up-to-date information for decision-making.
3. Fees
Service usage involves fees. Current fee information is available in the User Account.
3.1. Additional Terms
3.1.1. Digital Tool Inactivity
If there is no activity (funding or withdrawal) involving the Digital Tool for 90 days following issuance or the last operation, the tool will be considered inactive. In such a case, the Solution Provider will initiate the closure of the tool. Remaining funds will be transferred to the User’s Account balance, minus a closure fee as per the current rates provided in the User Account.
The User will be notified of the upcoming tool closure by email. Once the funds are transferred and the tool is closed, further use of the tool will not be possible. It is the User’s responsibility to monitor tool activity and take timely action if necessary.
3.1.2. Account Balance Inactivity
If no active operations (funding or withdrawal related to the issuance or servicing of the Digital Tool) occur in the User Account for 180 consecutive days, the account will be considered inactive. An inactivity fee will be charged according to the current rates available in the User Account.
This measure encourages Users to actively utilize the service and available funds. Users will be notified about upcoming inactivity fee charges via email, including the date the charges will begin. Users may avoid the fee by performing any active transaction before the specified date.
3.1.3. User-Initiated Tool Closure
If the User closes the Digital Tool with a positive balance, a closure fee will apply. The fee is determined by the Solution Provider’s current rates and will be disclosed in the User Account. The fee covers administrative costs associated with processing the closure request.
3.1.4. Fee Terms Revisions
The Solution Provider reserves the right to revise inactivity and closure fee terms, including the percentage and period after which inactivity is considered. All changes will be promptly communicated in the User Account.
4. Pre-funding the Account
The User must fund their Account before using certain Services. The minimum funding amount is stated in the User Account and may vary based on current conditions and special offers. The User will be informed of any changes to the minimum balance.
A minimum balance, as indicated in the Account, must be maintained to ensure uninterrupted service. If the balance falls below the minimum, service usage will be restricted.
The Solution Provider may change the minimum funding and required minimum balance based on economic conditions or internal policy. Users will be notified in advance of such changes.
Special conditions of the virtual asset wallet provider:
When funding the Account with virtual assets, the User must ensure that the KYT scoring of the assets used is no higher than 30%, as determined by the virtual asset wallet provider. If the score exceeds this threshold, or in other cases in line with the wallet provider’s internal policy, the assets may be returned to the originating crypto address. A fee may apply, and any expenses related to verification/processing/returning the transaction may be deducted.
If the Digital Tool balance is insufficient, the transaction will not be processed.
5. Responsibility for Transactions
The User is responsible for all transactions initiated using the Digital Tool. If the Solution Provider becomes liable to the Tool Provider or other third parties for any transaction involving the User's Digital Tool, the User must compensate the Solution Provider for damages and penalties. Such amounts may be deducted from the User’s funds.
6. Prohibition of Illegal Use
The User may not use the Digital Tool for illegal purposes such as money laundering, terrorism financing, or other prohibited activities. In such cases, the Solution Provider may request the Tool Provider to block or terminate the tool. The Solution Provider may also limit the transaction types or amounts.
7. Security and Precautionary Measures
If the User suspects unauthorized transactions, they may close or block the Digital Tool via the Account. Blocking/closure may take time, and the User remains responsible for transactions during this period.
8. Suspicious Transactions
In case of unconfirmed or suspicious usage, the Tool Provider or Solution Provider has the right to suspend transactions pending investigation.
Referral Agreement
Last updated: April 14, 2025
1. General ProvisionsThis
Agreement constitutes an offer by the Service for the Referrer to participate in the Service’s referral program.
The Service and the Referrer are each hereinafter referred to individually as a 'Party' and collectively as the 'Parties', as appropriate by context.
2. Procedure for Concluding the Agreement
2.1. This Agreement shall be considered concluded upon the Referrer’s full and unconditional acceptance of all its terms, without the need for the Parties to sign a written version.
2.2. This Agreement has full legal force and is equivalent to a written agreement signed by the Parties.
2.3. The Referrer confirms their familiarity with and acceptance of all terms and conditions of the Agreement in full by accepting it.
2.4. Any of the following actions shall constitute acceptance of this Agreement:
2.6. By concluding this Agreement, the Referrer automatically agrees to all its provisions, the agreed remuneration, and any appendices, which are integral parts of the Agreement (if any).
2.7. The Service reserves the right to amend this Agreement at any time at its sole discretion. The Referrer must periodically review the Agreement, the current version of which is always available at: https://valut.net/en. If the Referrer does not accept the updated terms, they must immediately cease interaction with the Service under this Agreement.
2.8. If the Referrer does not agree with the terms of the Agreement, they are not entitled to enter into it.
3. Terms and Definitions
3.1. Valut.net Service (the “Service”) — the solution available at https://valut.net/ that provides Users with access to Digital Tools and related services.
3.2. Digital Tool — a tool that enables Users to manage their funds electronically within the Service ecosystem. It is integrated with the Personal Account for ease of use.
3.3. Personal Account — the secure section of the Service available to a User after authentication, providing access to manage Digital Tools and other Service features.
3.4. Reporting Period — a calendar month beginning at 00:00:00 on the first calendar day and ending at 23:59:59 on the last calendar day of the month (UTC+3 time zone), during which all balance top-up transactions made by Referred Users are recorded for the purpose of calculating the Referrer’s remuneration.
3.5. Referrer — a person participating in the referral program to attract new Users and receiving remuneration from the Service for doing so.
3.6. Referred Users — new Users who register with the Service as a result of the Referrer’s efforts.
4. Conditions of Participation in the Program
4.1. To participate in the referral program, the prospective Referrer must provide their email address, all information and documents requested by the Service (including payment details for receiving remuneration1), and accept this Agreement.
4.2. Individual commercial cooperation terms shall be sent to the Referrer’s email. These terms may be revised by the Parties depending on achieved targets or by the Service unilaterally.
4.3. Referrers are strictly required to use only those User acquisition methods and traffic sources that are listed as permitted in the Annex to this Agreement. The use of any prohibited methods or sources specified in the Annex is strictly forbidden. The Service reserves the right to monitor the methods and sources used by Referrers.
4.4. The process for acquiring new Users is as follows: The Referrer must submit the email address that the User plans to use for registration. A User is considered referred upon registration using the email address previously provided by the Referrer.
5. Referrer Remuneration
5.1. Remuneration Calculation
5.1.1. The Referrer’s remuneration is calculated at the end of each Reporting Period. It is based on all top-up transactions2 made by Referred Users during that period, attributable to the Referrer’s efforts.
5.1.2. The Service’s calculation is final and binding and may not be disputed by the Referrer.
5.1.3. Remuneration is credited monthly during the month following the Reporting Period.
5.2. Remuneration Payment
5.2.1. Remuneration is transferred to the Referrer based on the payment details provided by them.
5.2.2. At the time of payment, the Service may request identification documents and may suspend payment until such documents are provided.
5.3. Tax Reporting
5.3.1. The Referrer is solely responsible for managing their tax obligations, including timely declaration and payment of applicable taxes in accordance with the laws of their country of residence.
5.3.2. The Service is not responsible for the Referrer’s tax obligations.
6. Termination
6.1. The Service reserves the right to unilaterally terminate the Referrer’s participation in the program in the following cases:
6.3. The Referrer may unilaterally withdraw from the Agreement by notifying the Service via email.
6.4. As of the date of termination, remuneration accrual to the Referrer ceases.
6.5. Final settlements between the Parties for any remuneration accrued up to the termination date shall be completed within thirty (30) days from the date of termination.
7. Amendments to the Terms
7.1. The Service reserves the right to amend the terms of this Agreement unilaterally at any time.
7.2. Such amendments may affect various aspects of the program, including but not limited to remuneration amounts, eligibility criteria, and operational procedures.
7.3. All amendments shall be communicated to the Referrer via email, enabling them to familiarize themselves with and adjust to the new terms.
7.4. If the Referrer disagrees with the amended terms, they may cease participation in the program by notifying the Service accordingly.
8. Personal Data Protection8.1. All personal data received from Referrers and Referred Users shall be processed in accordance with the Service’s privacy policy.
8.2. The Referrer undertakes to ensure that any provision of personal data of Referred Users to the Service (prior to the User’s registration) is made only with the Users’ prior consent.
8.3. The Referrer must inform Users about the purposes of processing their data and obtain their consent for the transfer of such data to the Service.
9. Miscellaneous
9.1. Relationship of the Parties
The relationship between the Parties is that of independent contractors. Nothing in this Agreement shall be construed to create an agency, partnership, joint venture, or any other form of joint activity between the Parties.
9.2. Notices
Notices shall be deemed received on the date they are sent to the Party’s email address.
9.3. Interpretation
The headings used in this Agreement are for convenience only and shall not affect the interpretation of any provision herein.
9.4. Entire Agreement
This Agreement constitutes the entire agreement between the Parties regarding its subject matter and supersedes and merges all prior proposals, understandings, agreements, and warranties, whether written or oral.
9.5. Assignment
The Referrer may not assign or otherwise transfer any of their rights or delegate their obligations under this Agreement, whether voluntarily, involuntarily, by operation of law, or otherwise, without the prior written consent of the Service. No delegation or transfer shall relieve the Referrer of their obligations under this Agreement.
The Service may assign any or all of its rights and obligations under this Agreement without the Referrer’s prior consent.
9.6. Severability
If any provision of this Agreement is held to be invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other provision, nor render the entire Agreement invalid or unenforceable in any other jurisdiction. In such case, the Parties shall negotiate in good faith to modify the Agreement to reflect as closely as possible the original intent of the Parties in an enforceable manner.
Annex 1
Permitted User Acquisition Methods and Traffic Sources:
Websites, Doorways, Contextual advertising, Teaser advertising, Banner advertising, Targeted advertising, Adult traffic, Push notifications, Facebook, Native advertising, SEO, Public pages, Games, Applications, Instagram, TikTok.
Prohibited User Acquisition Methods and Traffic Sources:
Installs, ClickUnder, PopUnder, Email marketing (unless pre-approved), Cashback, Incentivized traffic, Spam via Viber, WhatsApp, Telegram, etc., Traffback, PWA (Progressive Web Apps), Classifieds platforms.
1. General ProvisionsThis
Agreement constitutes an offer by the Service for the Referrer to participate in the Service’s referral program.
The Service and the Referrer are each hereinafter referred to individually as a 'Party' and collectively as the 'Parties', as appropriate by context.
2. Procedure for Concluding the Agreement
2.1. This Agreement shall be considered concluded upon the Referrer’s full and unconditional acceptance of all its terms, without the need for the Parties to sign a written version.
2.2. This Agreement has full legal force and is equivalent to a written agreement signed by the Parties.
2.3. The Referrer confirms their familiarity with and acceptance of all terms and conditions of the Agreement in full by accepting it.
2.4. Any of the following actions shall constitute acceptance of this Agreement:
- A written (including electronic) notice from the Referrer confirming agreement with the terms of this Agreement and the Order, sent to the Service’s email address;
- Sending a scanned copy of the Order signed by the Referrer to the Service’s email address.
2.6. By concluding this Agreement, the Referrer automatically agrees to all its provisions, the agreed remuneration, and any appendices, which are integral parts of the Agreement (if any).
2.7. The Service reserves the right to amend this Agreement at any time at its sole discretion. The Referrer must periodically review the Agreement, the current version of which is always available at: https://valut.net/en. If the Referrer does not accept the updated terms, they must immediately cease interaction with the Service under this Agreement.
2.8. If the Referrer does not agree with the terms of the Agreement, they are not entitled to enter into it.
3. Terms and Definitions
3.1. Valut.net Service (the “Service”) — the solution available at https://valut.net/ that provides Users with access to Digital Tools and related services.
3.2. Digital Tool — a tool that enables Users to manage their funds electronically within the Service ecosystem. It is integrated with the Personal Account for ease of use.
3.3. Personal Account — the secure section of the Service available to a User after authentication, providing access to manage Digital Tools and other Service features.
3.4. Reporting Period — a calendar month beginning at 00:00:00 on the first calendar day and ending at 23:59:59 on the last calendar day of the month (UTC+3 time zone), during which all balance top-up transactions made by Referred Users are recorded for the purpose of calculating the Referrer’s remuneration.
3.5. Referrer — a person participating in the referral program to attract new Users and receiving remuneration from the Service for doing so.
3.6. Referred Users — new Users who register with the Service as a result of the Referrer’s efforts.
4. Conditions of Participation in the Program
4.1. To participate in the referral program, the prospective Referrer must provide their email address, all information and documents requested by the Service (including payment details for receiving remuneration1), and accept this Agreement.
4.2. Individual commercial cooperation terms shall be sent to the Referrer’s email. These terms may be revised by the Parties depending on achieved targets or by the Service unilaterally.
4.3. Referrers are strictly required to use only those User acquisition methods and traffic sources that are listed as permitted in the Annex to this Agreement. The use of any prohibited methods or sources specified in the Annex is strictly forbidden. The Service reserves the right to monitor the methods and sources used by Referrers.
4.4. The process for acquiring new Users is as follows: The Referrer must submit the email address that the User plans to use for registration. A User is considered referred upon registration using the email address previously provided by the Referrer.
5. Referrer Remuneration
5.1. Remuneration Calculation
5.1.1. The Referrer’s remuneration is calculated at the end of each Reporting Period. It is based on all top-up transactions2 made by Referred Users during that period, attributable to the Referrer’s efforts.
5.1.2. The Service’s calculation is final and binding and may not be disputed by the Referrer.
5.1.3. Remuneration is credited monthly during the month following the Reporting Period.
5.2. Remuneration Payment
5.2.1. Remuneration is transferred to the Referrer based on the payment details provided by them.
5.2.2. At the time of payment, the Service may request identification documents and may suspend payment until such documents are provided.
5.3. Tax Reporting
5.3.1. The Referrer is solely responsible for managing their tax obligations, including timely declaration and payment of applicable taxes in accordance with the laws of their country of residence.
5.3.2. The Service is not responsible for the Referrer’s tax obligations.
6. Termination
6.1. The Service reserves the right to unilaterally terminate the Referrer’s participation in the program in the following cases:
- Use of prohibited user acquisition methods or traffic sources;
- Falsification of data regarding Referred Users;
- Violation of applicable law during user acquisition or other activities related to the program;
- Breach of security or confidentiality procedures resulting in potential data leakage;
- Failure to provide tax documentation in a timely manner if such failure could impact the operation of the Service;
- Fraud, deception, or attempts to manipulate the system;
- Use of bots or automated systems to generate fake registrations;
- Mass complaints from Referred Users regarding the Referrer’s actions;
- Unauthorized use of the Service’s brand or intellectual property;
- Use of spam messaging or intrusive advertising that may negatively affect the Service’s reputation;
- Aggressive user acquisition tactics, false promises or misleading offers made on behalf of the Service;
- Creation of fake accounts in the Service for the purpose of receiving rewards;
- Sharing of personal data without the User’s consent.
6.3. The Referrer may unilaterally withdraw from the Agreement by notifying the Service via email.
6.4. As of the date of termination, remuneration accrual to the Referrer ceases.
6.5. Final settlements between the Parties for any remuneration accrued up to the termination date shall be completed within thirty (30) days from the date of termination.
7. Amendments to the Terms
7.1. The Service reserves the right to amend the terms of this Agreement unilaterally at any time.
7.2. Such amendments may affect various aspects of the program, including but not limited to remuneration amounts, eligibility criteria, and operational procedures.
7.3. All amendments shall be communicated to the Referrer via email, enabling them to familiarize themselves with and adjust to the new terms.
7.4. If the Referrer disagrees with the amended terms, they may cease participation in the program by notifying the Service accordingly.
8. Personal Data Protection8.1. All personal data received from Referrers and Referred Users shall be processed in accordance with the Service’s privacy policy.
8.2. The Referrer undertakes to ensure that any provision of personal data of Referred Users to the Service (prior to the User’s registration) is made only with the Users’ prior consent.
8.3. The Referrer must inform Users about the purposes of processing their data and obtain their consent for the transfer of such data to the Service.
9. Miscellaneous
9.1. Relationship of the Parties
The relationship between the Parties is that of independent contractors. Nothing in this Agreement shall be construed to create an agency, partnership, joint venture, or any other form of joint activity between the Parties.
9.2. Notices
Notices shall be deemed received on the date they are sent to the Party’s email address.
9.3. Interpretation
The headings used in this Agreement are for convenience only and shall not affect the interpretation of any provision herein.
9.4. Entire Agreement
This Agreement constitutes the entire agreement between the Parties regarding its subject matter and supersedes and merges all prior proposals, understandings, agreements, and warranties, whether written or oral.
9.5. Assignment
The Referrer may not assign or otherwise transfer any of their rights or delegate their obligations under this Agreement, whether voluntarily, involuntarily, by operation of law, or otherwise, without the prior written consent of the Service. No delegation or transfer shall relieve the Referrer of their obligations under this Agreement.
The Service may assign any or all of its rights and obligations under this Agreement without the Referrer’s prior consent.
9.6. Severability
If any provision of this Agreement is held to be invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other provision, nor render the entire Agreement invalid or unenforceable in any other jurisdiction. In such case, the Parties shall negotiate in good faith to modify the Agreement to reflect as closely as possible the original intent of the Parties in an enforceable manner.
Annex 1
Permitted User Acquisition Methods and Traffic Sources:
Websites, Doorways, Contextual advertising, Teaser advertising, Banner advertising, Targeted advertising, Adult traffic, Push notifications, Facebook, Native advertising, SEO, Public pages, Games, Applications, Instagram, TikTok.
Prohibited User Acquisition Methods and Traffic Sources:
Installs, ClickUnder, PopUnder, Email marketing (unless pre-approved), Cashback, Incentivized traffic, Spam via Viber, WhatsApp, Telegram, etc., Traffback, PWA (Progressive Web Apps), Classifieds platforms.
1 The Service may support only certain payment instructions when disbursing the Referrer’s remuneration. If a prospective Referrer provides payment details that are not compatible with the Service’s capabilities, the Service reserves the right to refuse to enter into the Agreement with such prospective Referrer.
2Top-Up Operation – an operation that increases the balance of a Referred User within the Service.
© 2025 VALUT.NET
All Rights Reserved
ARIMA SERVICE LTD
Registration number 240942
ARIMA SERVICE LTD
Registration number 240942