Disclaimer

General Information

These Terms & Conditions govern your use of services provided by Atomic FX Limited, a company registered in England and Wales under Company Number 16844753, with its registered office at 9 Union Court, Liverpool, England, L2 4SJ.

For more details email us : info@atomic-fx.com

Non-Banking Status

Atomic FX Limited is not a bank. We provide financial services, including payment accounts and IBANs, through our Banking-as-a-Service (BaaS) partner, Breinrock, a company licensed and authorized in the EU, UK, Canada, UAE, and Switzerland as a financial intermediary and for Money Business Services.

We do not offer traditional banking services, and as a result, customers’ rights and obligations may differ from those provided by regulated financial institutions. By using our services, you acknowledge that Atomic FX Limited is not a bank and that we are utilizing Breinrock’s BaaS platform to provide the necessary financial services.

Payment Services and IBANs

Payment processing services, including IBAN issuance, are provided through our BaaS partner, Breinrock, which collaborates with licensed banks authorized to issue IBANs and handle payment transactions.

Transaction Processing and Delays

Transaction processing times may vary and are dependent on various factors including the banking networks, regulatory checks, and the availability of payment providers. As a result, delays may occur in certain circumstances.

Atomic FX Limited and our BaaS partner, Breinrock, are not liable for delays caused by third-party financial institutions, including but not limited to banks, payment processors, and SWIFT/SEPA networks.

Data Privacy and Protection

We are committed to protecting your privacy. Atomic FX Limited collects and processes your personal data in accordance with applicable data protection laws, including [insert relevant Data Protection Law in your jurisdiction, e.g., GDPR].

Your information may be shared with our BaaS partner, Breinrock, and other third-party payment processors for compliance, fraud prevention, and transaction processing purposes. You may be required to provide additional information if necessary to process your transactions.

By using our services, you consent to the collection, use, and sharing of your data as described above.

Prohibited and Restricted Jurisdictions and Industries

Certain jurisdictions and industries are prohibited from using our services. A separate list of prohibited and restricted jurisdictions and industries will be shared with you upon registration and may be updated periodically. It is your responsibility to ensure compliance with these restrictions.

Risk Warning

Using Atomic FX Limited’s payment services carries certain risks. Since we rely on the services of our BaaS partner, Breinrock, and additional third-party banking partners for transaction processing, delays and interruptions may occur due to factors outside our control, such as regulatory checks, payment provider availability, and network issues.

Please be aware that we are not liable for any delays or failures caused by these third-party financial institutions or networks.

Legal

General Information

Atomic FX Limited (Company No. 16844753) is a company registered in England and Wales, with its registered office at 9 Union Court, Liverpool, England, L2 4SJ. We provide financial services in partnership with third-party financial institutions. By using our services, you acknowledge that Atomic FX Limited acts as a facilitator for the financial products and services provided by these third-party institutions.

No Financial Advice

The services provided by Atomic FX Limited and its partners are strictly for transactional purposes and do not constitute financial advice. We do not offer investment advice, tax advice, or personalized financial recommendations. Before making any financial decisions, we strongly encourage you to consult with a qualified financial advisor.

Third-Party Financial Partners

Atomic FX Limited partners with various regulated third-party financial institutions, including but not limited to, payment service providers, electronic money institutions, and banks. These third-party financial institutions are responsible for providing the underlying financial products and services, including but not limited to, payments, e-money services, foreign exchange, and transaction processing.

Regulatory Status

The third-party financial institutions we partner with are fully authorized and regulated by the Financial Conduct Authority (FCA) or the relevant regulatory bodies in their jurisdiction. For services provided in the UK, these partners are authorized under the Financial Services and Markets Act 2000 (FSMA) and other applicable regulations.

However, Atomic FX Limited itself is not a regulated financial institution. We do not hold an FCA license and do not provide financial services directly, except as an intermediary or facilitator for the third-party institutions with which we partner.

No Liability for Third-Party Actions

Atomic FX Limited is not liable for any actions, omissions, or delays caused by the third-party financial institutions or their services. This includes but is not limited to issues such as delays in payment processing, errors in transactions, or any issues arising from the services provided by third parties.

By using our services, you agree that Atomic FX Limited shall not be held responsible for any losses, damages, or inconveniences arising from third-party financial institutions’ services or failures.

Transaction Processing and Risk

Transactions processed through third-party financial institutions are subject to various factors, including banking networks, regulatory checks, and payment provider availability. Atomic FX Limited cannot guarantee transaction speed or completion times, as these depend on factors beyond our control, such as third-party institutions, SWIFT/SEPA networks, and other external entities.

You acknowledge that there may be delays in transaction processing, and we are not liable for any delays or disruptions caused by third-party financial institutions or external networks.

Data Privacy and Protection

Atomic FX Limited is committed to protecting your personal information and will handle your data in compliance with the UK Data Protection Act 2018 and the General Data Protection Regulation (GDPR).

We may share your personal data with our third-party financial partners as necessary to process transactions, comply with legal obligations, or for fraud prevention purposes. You consent to the collection and sharing of your data as outlined in our Privacy Policy.

For further information on how we process your data, please refer to our Privacy Policy.

Prohibited Activities

You agree not to use our services for any unlawful, fraudulent, or prohibited activities as outlined in our Terms and Conditions. We reserve the right to suspend or terminate your access to our services if we suspect any violations of these terms.

Changes to the Disclaimer

Atomic FX Limited reserves the right to update or amend this legal disclaimer at any time. Any changes will be posted on our website and will take effect immediately upon publication. By continuing to use our services, you agree to be bound by the updated disclaimer.

Governing Law and Jurisdiction

This disclaimer and all related agreements shall be governed by and construed in accordance with the laws of England and Wales. Any disputes arising from or in connection with this disclaimer shall be subject to the exclusive jurisdiction of the courts of England and Wales.