Introduction
These Terms of Use ("Terms") govern your use of the websites, mobile apps, and payment services offered by 7T World LLC, its subsidiaries, affiliates, and other entities under common control ("7T World," "we," "our," "us"). By visiting our websites, creating an account, using our products and services, or clicking "Agree," you accept these Terms and our Privacy Policy.
If you are under the age of majority in your country, a parent or legal guardian must review and consent to these Terms and supervise your use of the services.
Who We Are
7T World is a FinCEN-registered Money Services Business headquartered in the United States of America ("USA"), providing payment and currency exchange services, including conversion between traditional currencies and approved digital assets (e.g., stablecoins), and digital asset wallet services.
We do not provide investment or savings services. We are not a bank, broker-dealer, or investment adviser.
Eligibility
- You must be at least 18 years old, or the age of majority in your jurisdiction.
- If you are under that age (e.g., a high school student), you may only use the services with the active involvement and consent of your parent or legal guardian.
- By using the services, you represent that you (or your parent/guardian) have legal capacity to enter into these Terms.
Your Responsibilities
You agree to:
- Provide accurate and complete information for Bank Secrecy Act ("BSA"), anti-money laundering ("AML"), countering the financing of terrorism ("CFT"), countering proliferation financing ("CPF"), know your customer ("KYC"), customer due diligence ("CDD"), screening (sanctions, politically exposed persons ("PEPs"), adverse media), fraud prevention, financial crimes prevention (collectively referred to as "anti-financial crime" ("AFC") checks.
- Use the services only for lawful purposes (e.g., paying tuition, living expenses, permitted transfers).
- Not engage in prohibited activities such as fraud, money laundering, sanctions evasion, illegal trade, gambling where restricted, financial crimes, or abuse of the services.
- Safeguard your login credentials and promptly notify us of unauthorized use.
Compliance & Verification
We are legally required to perform AFC checks and screening. We may request identification documents, proof of enrollment, financials, or other verifications.
If we cannot verify you, or if your activity poses unacceptable risk, we may suspend or terminate your access.
Payments & Fees
- Payment and conversion services are provided in accordance with posted rates and fees (shown before you confirm a transaction).
- Fees may include transaction charges, network fees, or currency exchange spreads.
- You are responsible for any taxes that may apply.
Consumer Rights & Risks
- Payments and conversions are irreversible once submitted.
- We strive for fast settlement, but we do not guarantee instant processing. Delays may occur due to banking networks, blockchain confirmation times, or compliance reviews.
- We do not guarantee the future value of any currency or digital asset.
Digital Assets
- Digital assets we support (e.g., USDC, USDT) are issued by third parties. 7T World does not control their protocols, reserves, or redemption rights.
- We only facilitate the conversion and transfer of such assets; we do not provide brokerage or investment services.
Privacy
Your personal data will be collected and processed as described in our Privacy Policy. This includes additional protections for minors (processing only with verified parental/guardian consent).
Intellectual Property
The 7T World name, logo, and platform are our property. You may not copy, reverse-engineer, or exploit them except as allowed under these Terms.
Service Changes & Suspension
We may add, remove, or modify features. We may suspend or terminate access if you breach these Terms, violate law, or pose a compliance or security risk.
Disclaimers & Limitation of Liability
- Services are provided "as is" and "as available."
- To the fullest extent permitted by law, we disclaim all warranties, including merchantability, fitness for purpose, and non-infringement.
- Our liability is limited to the greater of (a) USD $100 or (b) the fees you paid us in the past 12 months, except where prohibited by law.
Indemnification
You agree to indemnify and hold harmless 7T World from claims, damages, or losses arising from your breach of these Terms, unlawful use of the services, or violation of law.
Governing Law & Disputes
- These Terms are governed by the laws of Delaware, USA.
- Any disputes will be resolved through binding arbitration under the AAA rules, unless another forum is required by applicable consumer law.
- You and 7T World each waive class actions, unless such waiver is unenforceable.
Changes to These Terms
We may update these Terms from time to time. Material changes will be notified in advance and take effect prospectively.
Contact Us
Email: legal@7tworld.com
Mail & Physical Address: 1205 South Main Street, Kalispell, MT 59901, USA