Terms of Service
1. Introduction
Welcome to the Jigzo platform. Jigzo Limited (“Jigzo”) provides corporate Customers with access to financial services, including multi-currency accounts, currency conversions, cross-border payments, and the ability to buy and sell digital assets. By using our platform, you agree to comply with these Terms of Service. Jigzo Limited is registered in England and Wales under Companies House number 12014461, with its registered office at First Floor, 85 Great Portland Street, London W1W 7LT. Jigzo operates under applicable regulations, including those set by FINTRAC, the European Union, and the United Kingdom.
2. Definitions
For the purposes of these Terms of Service:
Platform: Refers to Jigzo’s digital platform providing financial services.
Customer: Refers to a corporate entity authorised to use Jigzo’s platform.
Services: Refers to the financial services provided by Jigzo, including multi-currency accounts, conversions, cross-border payments, and digital asset transactions.
Digital Assets: Refers to cryptocurrencies or other blockchain-based assets supported by the platform.
Account: Refers to the profile created by a Customer to access Jigzo’s platform and services.
3. Scope of Services
Jigzo provides the following financial services to corporate Customers:
Multi-Currency Accounts: Manage and hold fiat currencies in multiple accounts.
Conversions: Exchange between fiat currencies or between digital assets.
Cross-Border Payments: Facilitate international payments in supported currencies.
Digital Asset Transactions: Buy and sell supported digital assets through the platform.
Jigzo does not provide services to consumers or support nested relationships (transactions on behalf of third-party clients).
4. Eligibility and Customer Responsibilities
To use the Jigzo platform, you must:
Be a legally registered corporate entity.
Complete onboarding by providing all requested information and complying with Know Your Business (KYB) and Anti-Money Laundering (AML) processes.
Provide accurate and up-to-date information at all times.
Use the platform in compliance with all applicable laws and regulations.
Customers are responsible for maintaining the security of their accounts and ensuring that their login credentials are kept confidential.
5. Fees and Margins
Fees and margins for services vary depending on the plan subscribed, your jurisdiction, and/or business activity. A detailed list of applicable fees and margins is always accessible on your profile page within the platform. Jigzo reserves the right to update fees and margins with a 90-day notice period provided by email and through the platform.
6. Prohibited Activities
Customers must comply with Jigzo’s Prohibited Policy. Engaging in any of the following activities is strictly prohibited:
Using the platform for illegal purposes.
Attempting to bypass or manipulate AML/CTF controls.
Engaging in activities or industries listed in Jigzo’s Prohibited Policy.
Jigzo reserves the right to investigate and terminate accounts engaging in activities deemed harmful, non-compliant, or otherwise contrary to the platform's objectives, even if such activities are not explicitly listed in the Prohibited Policy.
Violations may result in account suspension, termination, and reporting to relevant authorities. Jigzo maintains discretion to address violations beyond the explicitly listed prohibited activities or industries identified in Jigzo’s Prohibited Policy.
7. Risk Disclosure
Using Jigzo’s services involves financial risks, particularly with digital assets. By using the platform, you acknowledge:
The potential for significant financial loss due to market volatility.
Digital assets are segregated and stored with trusted partners to ensure security. However, due to associated risks, Jigzo advises against prolonged storage of digital assets on the platform.
The inherent risks of operational delays, technology failures, or cyberattacks.
The complexity of digital asset investments and the need for thorough research.
For more details, refer to Jigzo’s Crypto Risk Summary.
8. Compliance with Laws
Customers agree to comply with all applicable laws and regulations, including AML/CTF requirements. Jigzo reserves the right to request additional compliance documentation at any time to ensure adherence to regulations. Jigzo also reserves the right to suspend or terminate accounts that violate these obligations and to report suspicious activities to FINTRAC or other regulatory authorities.
9. Safety and Security of Funds
Jigzo is committed to ensuring the safety and security of Customer funds and digital assets:
Fiat Funds: All Customer fiat funds are 100% safeguarded in compliance with financial regulations and are held in segregated accounts.
Digital Assets: Digital assets are securely stored with trusted third-party custodians and are segregated from operational assets. However, Jigzo advises against prolonged storage of digital assets on the platform due to associated risks, including market volatility and technological vulnerabilities.
Data Security: Jigzo implements robust data protection measures to safeguard Customer information and prevent unauthorised access.
10. Data Protection and Privacy
Jigzo is committed to protecting Customer data in compliance with applicable data protection laws. For details on how we collect, store, and use data, refer to Jigzo’s Privacy Policy.
11. Intellectual Property
All content, trademarks, and technologies on the platform are the property of Jigzo. Customers are prohibited from copying, modifying, or distributing platform materials without prior written consent.
12. Platform Availability and Maintenance
While Jigzo strives to ensure the platform is available at all times, we do not guarantee uninterrupted service. Scheduled maintenance, cyberattacks, or unforeseen events may cause temporary disruptions. Jigzo will make reasonable efforts to minimise downtime and notify Customers in advance where possible. Jigzo retains the right to modify or discontinue the platform or specific features without prior notice and at its sole discretion.
13. Liability and Disclaimers
Jigzo is not liable for:
Financial losses arising from market volatility or digital asset transactions.
Delays or interruptions caused by operational failures.
Decisions made based on information provided through the platform.
Jigzo’s liability is limited in all circumstances except where explicitly required by applicable laws. Customers agree to indemnify and hold Jigzo harmless from any claims, damages, or losses arising from their use of the platform, except where Jigzo’s gross negligence or wilful misconduct is established.
The platform is provided “as is,” without warranties of any kind.
14. Termination of Services
Jigzo reserves the right to suspend or terminate Customer accounts in cases of:
Violation of these Terms of Service, failure to meet regulatory requirements, non-payment of fees, or engagement in prohibited activities.
Jigzo also reserves the right to terminate services at its sole discretion and without providing a reason. Upon termination, remaining funds and digital assets will be handled in accordance with applicable laws and regulations, with Jigzo determining the appropriate resolution.
15. Amendments to Terms
Jigzo reserves the right to amend these Terms of Service. Customers will be notified of significant changes, and continued use of the platform constitutes acceptance of the updated terms.
16. Dispute Resolution
Jigzo values constructive feedback and encourages Customers to follow our complaints procedure if dissatisfied. Disputes will be resolved under the jurisdiction of the governing laws of England and Wales, unless otherwise specified. This clause applies exclusively to corporate Customers and aligns with Jigzo’s regulatory obligations in its operating jurisdictions.
17. Miscellaneous
Entire Agreement: These terms represent the entire agreement between Jigzo and the Customer.
Severability: If any provision is deemed invalid, the remaining provisions remain enforceable.
Force Majeure: Jigzo is not liable for delays or failures caused by events beyond its control.
18. Contact Information
For support or assistance, Customers should contact Jigzo directly within the platform using the available support tools. If you do not have access to the platform, you can visit the Jigzo website and use the contact form provided there to reach us.