Breinrock, s.r.o., with its registered office at Evropska 2758/11; 160 00 Praha 6, ID No.: 04386329, registered in the Commercial Register maintained by the Municipal Court in Prague under File No. C 246821, e-mail address for communication: [email protected], and phone number +420 292 333 299, is a company registered in the Register of Small-Scale Payment Service Providers on the basis of a licence granted by the Czech National Bank on 12 November 2015 (hereinafter referred to as the "Provider").
Please read this document carefully before agreeing to it as it constitutes a legally binding relationship between you and us. By using any of our services described in these Terms and Conditions, you agree to be bound by them. We also encourage you to print or download and keep a copy of these Terms and Conditions for future reference.
1.1.3 By accepting and agreeing to the Terms and Conditions, Privacy Policy, Cookie Policy and the Prices and Tariffs, a contract for the creation and use of a Client Account or the use of other payment services provided in the BREINROCK system (hereinafter referred to as the "Contract") is concluded.
1.1.4 These Terms and Conditions govern the provision of services consisting in the opening and use of a payment account in the BREINROCK system (hereinafter referred to as the "System") and national and international money transfers, as well as the mutual rights and obligations of the Provider and clients using services provided within the System and using an account in the System (hereinafter referred to as the "Terms and Conditions").
- The Provider is not obliged to enter into a contractual relationship with the Client. The Provider is entitled to make the provision of services conditional upon the submission of the necessary documents and information.
- The Terms and Conditions regulate in detail part of the content of the contract in accordance with the provisions of Section 1751(1) of Act No. 89/2012 Coll., the Civil Code, and regulate the mutual rights and obligations of the parties.
Definition of Terms
- Client – a natural person over 18 years of age or a legal entity that uses the Client's account on the basis of a contract with the Provider.
- Client's Account – an electronic account for receiving and managing funds, used as a tool for providing payment services in accordance with the Payment Services Act. Access to the System and the Client's Account is provided through a computer interface (hereinafter referred to as the "Web Interface").
- Transfer – any transaction (money transfer, deposit of money, withdrawal of money) that the Client enters online through the Client's account, carried out under the terms and conditions set out in these Terms and Conditions.
- Beneficiary – the person designated as the recipient of the money transfer.
- Exchange Operation – exchange of Czech crowns for another currency or the opposite procedure, or exchange of two other currencies, where all exchange operations can be performed only within the provided payment service, not separately.
- Contract – the contractual relationship between the Provider and the Client according to these Terms and Conditions.
- Website – the Provider's website, i.e. https://www.breinrock.com.
- Payment Services Act – Act No. 370/2017 Coll., on Payment Services.
- Cancellation of the Client's Account – settlement of all liabilities and claims between the Client and the Provider arising from and in connection with the use of the account.
- AML Act – Act No. 253/2008 Coll., on Certain Measures against Legalization of Criminal Proceeds and Financing of Terrorism.
- CPA – Customer Payment Account.