BY ACCEPTEING THE BELOW TERMS AND CONDITIONS, USER / CUSTOMER ACCEPTS THAT FINJA IS SOLELY A SERVICE PROVIDER AND ACCEPTS THAT FINJA WILL NOT BE LIABLE FOR ANY TRANSACTIONS DONE VIA THE PORTAL WHICH IS A GATEWAY FOR PAYMENTS.1. User / Customer Responsibilities
While accessing the Portal You must:
1.1 Make / Check / Approve transactions to legally registered beneficiary accounts that are active within the domestic banking eco-system;
1.2 Verify and authenticate the payment and account details of the beneficiary accounts to authorize a transaction carried out using Your Credentials through the Portal;
1.3 You will take all reasonable precautions to ensure the security of access to Your Credentials and must not, under any circumstances, allow any third party or any person other than an Authorized User to access or use the Credentials for any purpose;
1.4 The User/Customer and its authorized individuals undertake to abide by the Anti-Money Laundering (AML), Combating Terrorist Financing (CFT) Act/Regulations issued by the State Bank of Pakistan, The Securities & Exchange Commission Pakistan and as prescribed in the Law of Pakistan; and2. Approval
You will provide express approval for the following:
2.1 Any change in Maker and/or Checker and/or Approver;
2.2 Any payments made above the allotted threshold or to any other accounts that are not approved.Liability
3.1 Finja is not liable for any unauthorized transactions made using Your Credentials.
3.2 Finja, its directors, employees, Affiliates, Agents or other representatives shall not be liable for any error or omission or for any loss or damage whatsoever including, without limitation, consequential losses of any nature, whether arising in contract, civil or otherwise, arising out of the utilization of the Portal or our Services or from any disruption or non-availability of the Portal or our Services due to any cause whatsoever.
3.3 The User/Customer shall be held liable for any illegal funds transfer and money laundering done using the Customer Credentials on the Portal.
3.4 Illegal or improper use of the Portal shall render the Customer liable for payment of financial charges as determined by Finja and/or result in partial or complete suspension of the Services. Any penalties levied by law or any regulatory authority with regard to the transactions carried out by Customer shall be paid by the Customer.