Terms and Conditions of Global Escrow Bank (GEB)
Last Updated: 20 / 02 / 2025
Welcome to Global Escrow Bank (GEB). By accessing and using our services, you agree to these Terms and Conditions. We recommend that you carefully read this document, as it governs the relationship between the user and GEB regarding the use of our digital products and services.
1. Definitions
- "Bank" or "We": Refers to Global Escrow Bank.
- "User" or "Client": Any individual or legal entity using our services.
- "Digital Account": Bank account provided by GEB to its clients.
- "Debit Card": Physical or virtual card issued by GEB.
- "Services": All features offered by GEB, including transfers, loans, fund recovery, and other financial products.
- "Platform": GEB's mobile application and website.
2. Account Registration and Opening
2.1 Requirements to Open an Account
To open an account with GEB, the user must:
- Be of legal age according to the applicable laws in their country.
- Provide truthful and complete information.
- Accept these Terms and Conditions.
- Complete an identity verification process (KYC).
2.2 Identity Verification
GEB may request additional documents to verify the user's identity and prevent fraud and money laundering.
2.3 Account Closure
GEB reserves the right to close accounts in cases of:
- Fraudulent or illegal use.
- Violation of these Terms and Conditions.
- Explicit request from the user.
3. Use of the Digital Account
- Users may use their digital account to make payments, transfers, and other financial transactions.
- The use of the account for illegal activities, including money laundering, terrorism financing, and fraud, is strictly prohibited.
- GEB may suspend or restrict account access if suspicious activity is detected.
4. Debit Card
- Users may request a physical or virtual debit card.
- The card is personal and non-transferable.
- In case of loss or theft, users must report it immediately to GEB.
- GEB is not responsible for any unauthorized use of the card before it is reported.
5. Personal Loans
- Loans are subject to credit approval.
- The user agrees to the payment terms and interest rates set upon requesting the loan.
- In case of payment default, penalties will apply, and the user’s credit history may be affected.
6. Cryptocurrency Scam Fund Recovery
- This service does not guarantee the full recovery of lost funds.
- GEB will act with due diligence, using technological and legal tools to attempt to track and recover assets.
- The user must provide all necessary information for the investigation.
7. Security and Privacy
- GEB employs encryption and authentication technology to protect user accounts.
- Users are responsible for keeping their login credentials secure.
- GEB will not share personal information without user consent, except when required by law.
8. User Responsibilities
- Provide truthful and up-to-date information.
- Do not share login credentials with third parties.
- Notify GEB of any suspicious activity on their account.
9. Modifications to the Terms and Conditions
GEB reserves the right to modify these Terms and Conditions at any time. Users will be notified of significant changes through the platform.
10. Applicable Law and Dispute Resolution
- These Terms are governed by the laws of the country where GEB is registered.
- In case of disputes, the parties will attempt to resolve them amicably before taking legal action.
Contact
For any questions, contact us through our official customer service channels.
Acceptance of Terms
By using Global Escrow Bank’s services, the user agrees to comply with these Terms and Conditions.
