The registration of the Client is done through the website https://Breinrock.com/. The interested party in the services of the Provider enters an e-mail address and password. After correct input, the Client receives an activation code to the provided e-mail address. The Client confirms his/her interest in registration using the activation code. After entering the activation code, the Client will be redirected to the Provider's website where he/she must confirm his/her agreement to the Terms and Conditions, Privacy Policy, Client Privacy Policy and Cookie Policy, that he/she has read, understands and agrees to all of them without any reservations.
The Terms and Conditions, Privacy Policy, Cookie Policy, and Prices and Tariffs are available on the Provider's website.
After the Client confirms his/her acceptance of the above documents, instructions for account verification and identification will be sent to the email address provided. These instructions include a detailed questionnaire ("Questionnaire") for the Applicant and a list of documents for AML/KYC identification in the Provider's online system.
The Client is obliged to fill in and sign these Questionnaires truthfully and completely and then send them electronically to the Provider's email address together with photocopies of identification and other documents requested by the Provider from the Client for the purpose of AML/KYC identification. In the event that further or additional information or details are required from the Client, the Provider and the Client hereby undertake to provide full cooperation to each other.
Upon receipt of all necessary information, completed and signed Questionnaires and identification documents and papers, the Provider shall initiate the due diligence procedure. The Provider reserves a maximum of 30 calendar days from the date of commencement of the due diligence procedure to complete the due diligence procedure. The Provider will process the information provided in the Questionnaires and other information sources within the framework of its AML/KYC policy and use it as an information source during the verification of payment activities. The Provider may require to meet the Client in person as part of the completion of the registration process. By providing information and documents relating to due diligence, the Client declares that all information provided by the Client is true and complete.
Upon completion of the due diligence procedure, the Provider shall notify the Client whether it accepts the Client as its Client or rejects the Client's application. The Provider reserves the right to reject the Client as its prospective Client at its sole discretion and without giving any reason.
Provider will use the Clients' data contained in the Enquiries solely for the purpose of conducting due diligence and subsequently providing services according to terms and conditions and conducting AML checks and will not provide such data to third parties for any purpose other than AML checks. The Client is fully aware and expressly agrees that this data may be provided by the Provider to third parties, in particular to other financial institutions and banks that provide payment services to the Provider or other services used by the Provider to provide its services to Clients, and only for the purpose of conducting due diligence and AML checks. The Client does not hereby grant the Provider the right to use such data for any purpose other than those described in these Terms and Conditions.
In the event of loss, theft or possible misuse of any access data, the Client shall immediately request the Provider electronically to invalidate the existing access data and issue new access data to his/her Client Account. The Provider shall carry out such invalidation of access data without undue delay. The Provider shall not be liable for any damages suffered by the Client as a result of the use of the Access Credentials by a third party.
Provider is entitled to handle the Client's Account only in accordance with the Client's instructions, the Contract, the law and these Terms and Conditions. The Client is only entitled to use the Client's Account in accordance with the Contract, the Terms and Conditions and the rules set out on the Website.
The Client is entitled to use the system only and exclusively for payment services listed in Section 3 of the Payment Services Act and those that fall within the scope of the authorisation granted by the Czech National Bank.