Banking-as-a-Service Terms and Conditions (Quickbit)
1.1 Intergiro Intl AB (publ) (“Intergiro”) is a Swedish fintech company licensed and supervised by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) (the “SFSA”) as an electronic money institution with the authority to issue electronic money under the Swedish act on electronic money (Sw. lag 2011:755 om elektroniska pengar) and to provide payment services under the Swedish act on payment services (Sw. lag 2010:751 om betaltjänster). Intergiro’s company registration number is 556965-3537, the VAT number is SE556965353701 and the license number with the SFSA is 48003. Intergiro’s registered address is Box 3093, 10361 Stockholm, Sweden.
1.2 To provide you with the best services possible, Intergiro has partnered with Quickbit Europe AB (“Quickbit”), a Swedish fintech company registered as a virtual currency exchange provider with the SFSA. Quickbit’s company registration number is 559265-3793. Quickbit provides a first-class app (the “QB App”) and virtual currency services, and Intergiro provides payment services which you access and use through the QB App. These payment services general terms and conditions (the “Terms and Conditions”) govern your use of Intergiro’s payment services, including a personal payment account (the “QBPaymentAccount”).
1.4 To access the QB App you need an internet connection and a smartphone or a tablet with a web browser. You also need to download and install the QB App on your smartphone or tablet and accept Quickbit’s Terms and Conditions. You can find information regarding available operating systems and versions of web browsers etc on Quickbit’s website.
1.5. You may only use the QB Payment Account for your personal use and in accordance with the Agreement. The Agreement is for an indefinite term, meaning that it will continue in force until you or Intergiro terminates it, in accordance with the provisions of the Agreement.
1.6 The language of the Agreement is English and all communications will be conducted in English. You can at all times access these Terms and Conditions from the QB App or receive a copy from Quickbit Customer Support.
2. Your QB Payment Account
2.1 Your QB Payment Account will always include a wallet that holds your e-money denominated in euro (the “Wallet”). Additional functionality will be available to you in the QB App in the future. These Terms and Conditions set out the terms and conditions applicable to your use of the QB Payment Account and the Wallet.
2.2 You access and operate your QB Payment Account by using the QB App. Once you have added funds to your QB Payment Account, you will be able to:
- • create payment orders to make payment transactions in euro to accounts held with Intergiro or third party financial institutions from your Wallet (“Payouts”);
- • collect euros to your Wallet from accounts held with Intergiro or third party financial institutions (“Collections”);
- • view balances and historic transactions on your QB Payment Account;
- • receive funds into your Wallet after having sold virtual currency using the QB App; and
- • pay for virtual currency purchased using the QB App, with funds on your Wallet.
2.3 To be eligible for an Account, you need to:
- • be a private individual (not a company);
- • at least eighteen (18) years of age;
- • live within the European Economic Area; and
- • be a customer of Quickbit and have accepted Quickbit’s Terms and Conditions.
2.4 In addition to the prerequisites set out in clause 2.3 above, you must only use your QB Payment Account for your personal use and for legal purposes. You cannot be listed on or associated with any sanctions list, such as the sanctions lists of the EU, the UN or OFAC.
3. How to open your QB Payment Account
3.1 You apply for the QB Payment Account using the QB App, accept these Terms and Conditions and complete the account onboarding process.When applying for your QB Payment Account you promise and warrant to Intergiro that:
- • you will utilise the QB Payment Account for your personal use and for legal purposes only;
- • any information and documentation provided by you are authentic, up-to-date, true and correct;
- • you will comply with the provisions of the Agreement; and
- • you will respect Intergiro’s and Intergiro’s third parties’ intellectual property rights relating to the products and services offered to you under the Agreement.
3.2 During the onboarding process you will be asked to provide information regarding yourself, your use of the QB Payment Account and verify your identity (“KYC Information”). You acknowledge that Intergiro may obtain information about you from third parties, including Quickbit and external registers or information suppliers in order to assess your application. Intergiro uses automated decision-making to assess your account application. The automated decision-making is based on both (i) data provided directly by you and (ii) derived or inferred data such as risk scoring. Intergiro will automatically reject your application if you are below the age of 18, and otherwise only use automated decision-making to approve your application. If required, your application will be referred for manual review by Intergiro’s onboarding team.
3.3 Depending on the outcome of the onboarding process, Intergiro may, in its sole discretion, approve, deny or reject your application. If your application is rejected, for any reason, such a decision will be communicated to you and the Agreement is deemed terminated with immediate effect.
3.4 When providing KYC Information, in connection with your application or at any later stage, you promise and warrant to Intergiro that all such documents and information are authentic, up-to-date, true and correct. You acknowledge that Intergiro may at any time request further KYC Information to ensure continued compliance with applicable legislation. Your continuing use of the QB Payment Account is strictly dependent upon your provision and Intergiro’s verification of any KYC Information requested. Intergiro reserves the right to suspend your QB Payment Account, freeze any funds, or to terminate the Agreement and close your QB Payment Account at any time if you do not provide satisfactory KYC Information upon request.
3.5 Please note that you need to inform Quickbit’s Customer Support without undue delay of any changes to your contact details such as change of address or email address or any other information relevant to your use of the QB Payment Account.
4. Customer support and complaints
4.1 Quickbit provides customer support services relating to your QB Payment Account (“Quickbit’s Customer Support”) and you are welcome to contact Quickbit’s Customer Support if you have any questions or issues with your QB Payment Account. Please refer to Quickbit’s Terms and Conditions or the QB App for information about opening hours for Quickbit’s Customer Support.
4.2 If you are not satisfied with Quickbit’s Customer Support’s efforts to resolve your enquiry, you can make a formal complaint by contacting Intergiro’s complaints team at email@example.com. Please include the relevant circumstances of the complaint in your email.
4.3 The complaints team will aim at resolving your complaint as soon as possible and, in any event, respond to your complaint no later than fifteen (15) Swedish banking days from receipt of your complaint. In exceptional circumstances where more time is required, the complaints team will contact you to let you know, and in any case, Intergiro will respond to your complaint within thirty-five (35) Swedish banking days.
4.4 On www.konsumenternas.se you can read more about your consumer rights.
4.5 For any complaints or claims you may have regarding any faults or deficiencies in products or services that you have purchased using your QB Payment Account, please contact the seller of the product or the service provider (i.e. the point of sales) directly. The seller or service provider is liable for such faults or deficiencies in accordance with the laws applicable to the purchase, and neither Intergiro nor Quickbit assume any liability regarding such faults or deficiencies.
5. Your personal data
5.1 In order to provide the payment services, including your QB Payment Account, to you, Intergiro collects and processes personal data about you. Intergiro is the data controller for the personal data processed under the Agreement for the purpose of providing the payment services and the QB Payment Account and Quickbit is Intergiro’s data processor, for the purpose of you accessing the QB Payment Account through the QB App and to provide you with Quickbit’s Customer Support relating to the payment services and the QB Payment Account.
5.2 As a regulated e-money institution, it is Intergiro’s duty to protect and keep your QB Payment Account information confidential and secure. Intergiro will not disclose information relating to your QB Payment Account to third parties outside the circle of trusted suppliers Intergiro works with to provide your QB Payment Account, other than as required by the laws of Sweden or applicable EU legislation.
6. QB Payment Account functionality
6.1 You can collect euros on your Wallet from other QB Payment Accounts or third parties. You or third parties can make payment transactions from accounts held with other financial institutions to your Wallet using the SEPA Network.
6.2 Collections from other QB Payment Accounts or other financial institutions are generally credited to your QB Payment Account immediately upon receipt by Intergiro of such funds. Occasionally it may take a little longer due to required scans or checks Intergiro is obliged to perform on the funds, such as due to the anti-money laundering legislation or for the prevention of fraud.
6.3 Sometimes Intergiro receives recall requests from the payer’s financial institution in respect of a payment transaction intended for your QB Payment Account. You hereby explicitly grant Intergiro the authorisation to return such funds according to the recall request when such funds have not yet been credited to your QB Payment Account.
6.4 It is important that the payer provides the correct payment details to your QB Payment Account for Intergiro to credit your QB Payment Account correctly.
6.5 Intergiro aims to process your Collections as fast as possible, but occasionally your funds may be held up by third party financial institutions. In such cases, Intergiro regrettably is unable to influence the speed of the transaction.
6.6 Using the QB App, you can create payment orders on your QB Payment Account to make Payouts using the SEPA Network.
6.7 To create a payment order you generally need to provide the following information:
- • full name of the recipient;
- • recipient’s account details;
- • amount; and
- • payment purpose.
6.8 Upon creation of a payment order, you need to submit the payment order and authenticate yourself to Intergiro for security reasons. Intergiro will consider that you, by authenticating yourself, gave Intergiro your consent and authorised (i) the execution of the Payout in accordance with the payment order you have submitted to Intergiro, and (ii) the debiting of any related fees.
6.9 In order for the payment transaction to be executed, you need a sufficient balance (including any fees and charges) on your Wallet. It is not possible to overdraw the QB Payment Account.
6.10 You acknowledge that neither a payment order nor a Payout can be cancelled or reversed once Intergiro has received the payment order. Intergiro receives your payment order immediately upon your submission of the payment order if you submitted it at the latest 14.30 CET on a banking day, and Intergiro will in such case execute the Payout the same banking day. If you submit the payment order after 14.30 CET, Intergiro receives the payment order the next banking day and will execute it on that day. Public holidays may delay the execution of the Payout until the next working day.
6.11 The recipient generally receives a Payout on the next banking day. However, a Payout may be delayed if the payment order has to be assessed by Intergiro due to legal compliance reasons, such as transaction monitoring requirements.
6.12 Intergiro may, in its sole discretion, reject a payment order if it would be in breach of the Agreement or any applicable legislation, or if Intergiro suspects that the execution of the Payout would be prohibited, for example in breach of international sanctions.
6.13 You, as the holder of the QB Payment Account, are responsible to provide correct account details to the recipient. This is important as neither payment orders nor Payouts can be cancelled or reversed. Whilst Quickbit’s Customer Support will try its best to help you recover your funds in circumstances where incorrect recipient account details have been provided, there is a risk that you may lose any funds sent to the wrong account.
7. Rejected transactions, refunds and unauthorised use
7.1 Intergiro may reject any transaction (including a Payout and a Collection, jointly a “Transaction”), made to or from your QB Payment Account, if Intergiro believes that it is in breach of the Agreement or of any applicable legislation, rules or regulation.
7.2 If you experience an error with any Transaction made to or from your QB Payment Account, please contact Quickbit’s Customer Support as soon as possible and no later than ten (10) banking days after the Transaction was executed. Quickbit’s Customer Support will help you resolve any issues, however no guarantee is granted for the success of such measures as the error may have been caused by a third party outside of Intergiro’s and Quickbit’s control. Where Intergiro does have control, Intergiro may reverse an erroneous transaction or refund any overpayments if Intergiro considers it appropriate. A return, depending on the circumstances, may entail third-party fees at your cost, meaning that the returned transaction amounts may be lower than the original transaction. Please note that if you contact Quickbit’s Customer Support later than ten (10) banking days after you made or received an erroneous Transaction, it is unlikely that Quickbit’s Customer Support nor Intergiro will be able to help resolve the matter. Intergiro aims to refund or reverse the Transaction or to let you know that it cannot be refunded or reversed (as applicable) within thirty (30) days of you filing your request with Quickbit’s Customer Support. Please note that this timeframe may need to be extended as necessary due to the complexity of the request.
7.3 If it comes to Intergiro’s attention that funds have been incorrectly credited to your QB Payment Account, you will be contacted as soon as possible by Quickbit’s Customer Support and steps will be taken to help the payer to recover such funds. This may involve reversing the incorrect transaction or refunding any overpayments on your QB Payment Account. If you notice any incorrect crediting of funds on the QB Payment Account, please contact Quickbit’s Customer Support.
7.4 If you become aware of or suspect that someone has unauthorisedly used or stolen from your QB Payment Account you must contact Quickbit’s Customer Support as soon as you are able, otherwise you will be liable for such an amount. If you are notified about any suspicious Transactions on your QB Payment Account, you need to inform Quickbit’s Customer Support within thirteen (13) months from such notification that such transaction was unauthorised.
7.5 Upon your notification Intergiro will investigate the flagged Transactions. Intergiro will generally refund the funds to your QB Payment Account, unless the unauthorised Transaction could take place due to your failure to protect personalised security credentials (including without limitation ordinary or one-time passwords, QB Payment Account credentials, or means of communication used with Intergiro or Quickbit for authentication purposes). In this case, you are liable for the amount, up to SEK 400. If the unauthorised transaction could take place due to your breach of the Agreement intentionally or with gross negligence, you are liable for the amount, up to SEK 12,000. If you acted particularly reprehensible, you will be liable for the full amount.
7.6 Intergiro reserves the right to debit the QB Payment Account with the refunded amount should Intergiro believe that the refund was requested regarding an authorised transaction.
7.7 If an executed Payout is rejected by the beneficiary’s bank and transferred back to Intergiro, Intergiro will create a Collection into your QB Payment Account. Such a return, depending on the circumstances, may entail third-party fees at your cost, meaning that the returned transaction amounts may be lower than the original transaction.
8. Fees and charges
8.1 For the use of your QB Payment Account, you will be charged for fees and charges in accordance with the pricing information available in the QB App and/or on Quickbit’s website www.quickbit.com.
8.2 Any changes to the fees and charges will be notified to you with two (2) months’ notice. If you do not accept such changes, please inform Quickbit’s Customer Support prior to such notice period has ended. Please note that Intergiro has the right to terminate your QB Payment Account in that case, in accordance with the provisions of the Agreement.
8.3 Transaction related fees and charges will be deducted from your QB Payment Account at the moment, such as when making a Transaction subject to fees. Any monthly fees will be deducted from your QB Payment Account on a monthly basis in arrears. You can keep track of fee deductions on your QB Payment Account using the QB App.
8.4 If there are insufficient funds on your QB Payment Account to cover fees or charges, you need to add funds to your QB Payment Account as soon as possible.
8.5 Intergiro may block Payouts from your QB Payment Account or close your Account if there are insufficient funds to cover fees and charges and you do not add sufficient funds to your QB Payment Account upon request. Intergiro or Quickbit has the right to bring legal actions against you to recover any sums you owe. If Intergiro or Quickbit incurs any costs taking any of these measures you may be charged for the reasonable costs.
8.6 You have no set-off right under the Agreement.
8.7 Please note that any third-party fees and charges incurred by Intergiro or Quickbit as a result of your use of the QB Payment Account will be passed on to you. Please see Quickbit’s pricing information available in the QB App and/or Quickbit’s website www.quickbit.com for further information on third-party fees and charges.
9. QB Payment Account security
9.1 Safety of your funds. E-money is a type of electronic cash which Intergiro as a regulated e-money institution is authorised to issue in exchange for receipt of “real money”. Your QB Payment Account is an e-money account which holds your e-money. Upon the receipt of Collections intended for your QB Payment Account, Intergiro deposits such money into a bank account with its partner bank and issues the corresponding amount of e-money to your QB Payment Account. Intergiro is required to do so under mandatory law in order to keep your money segregated from Intergiro’s own funds and Intergiro is not, unlike a bank, allowed to lend your money to anyone. This means that your money is secure and at all times deposited in ring-fenced accounts Intergiro holds with its partner banks within the EU. These safeguarding practices are designed to protect your money. In the unlikely event of Intergiro’s insolvency, after administrator or liquidator costs have been paid, you as Intergiro’s customer will rank first in any claim on funds held in the ring-fenced accounts. This means that only after customers’ funds have been returned, Intergiro’s own debts owed to third parties will be paid.
9.2 Under the terms of Intergiro’s e-money licence, Intergiro is not permitted to pay interest to you on the funds held on your QB Payment account. Further, the funds in your QB Payment Account are not covered by any deposit guarantee schemes.
9.3 Intergiro’s protection of your QB Payment Account. Intergiro uses fraud detection technologies, data encryption and strong customer authentication solutions in its efforts to prevent unauthorised or fraudulent use of your QB Payment Account. If Intergiro suspects any unauthorised or fraudulent use of your QB Payment Account, you will be contacted by Quickbit’s Customer Support.
9.4 Intergiro may restrict certain merchants you can make payments with if considered necessary to protect your QB Payment Account.
9.5 Your responsibility. You are responsible to keep your QB Payment Account safe. Whilst measures are undertaken to protect your QB Payment Account please note that you are responsible for ensuring that:
- • your QB Payment Account and your credentials, including ordinary and one-time passwords, means of communication used with Intergiro and/or Quickbit for authentication purposes (“account credentials”) are kept safe and secure and that you do not keep account credentials or security details together with a device used to access the QB App;
- • you use a strong password, which you do not use for any other account or similar, which you update from time-to-time;
- • you do not let any third party access or use the QB Payment Account;
- • you immediately contact Quickbit’s Customer Support if you suspect or experience that your QB Payment Account (or any information thereof) is accessed or otherwise used by an unauthorised third party or if you suspect that any account credentials are at a risk of or are being used or otherwise possessed by an unauthorised third party;
- • you ensure that all information (including but not limited to your contact details and address) relating to the QB Payment Account is up-to-date and that you inform Quickbit’s Customer Support without undue delay of any change; and
- • you always follow the rules and recommendations regarding security of your QB Payment Account.
10. Changing these Terms and Conditions, closing your QB Payment Account
10.1 Intergiro may unilaterally amend or change these Terms and Conditions from time-to-time, for example to introduce new products or to comply with applicable law. In case of any changes that could affect your current use of your QB Payment Account, you will be notified at least two (2) months’ in advance of such change. If you do not accept the changes you should notify Quickbit’s Customer Support before the changes take effect. Please note that Intergiro may terminate the Agreement with you and close your QB Payment Account in such case.
10.2 You can terminate the Agreement free of charge and close the QB Payment Account at any time without notice period. Please contact Quickbit’s Customer Support if you wish to terminate your QB Payment Account.
10.3 Intergiro can terminate the Agreement with you and close the QB Payment Account with two (2) months’ prior notice for any reason, including if you are no longer a customer of Quickbit.
10.4 In addition, Intergiro may (i) suspend your QB Payment Account (or any part thereof), or (ii) terminate the Agreement and your QB Payment Account (or any part thereof) with immediate effect if you, in Intergiro’s opinion, materially breach the Agreement, any applicable laws or if Intergiro is required to do so under any law, regulation, court order or request of an authority. Intergiro may also suspend your QB Payment Account if you are suspended from the QB App for any reason.
10.5 In certain circumstances, Intergiro is prevented from closing the QB Payment Account due to ongoing investigations concerning the QB Payment Account. In such cases, Intergiro may freeze the QB Payment Account and your funds for the time necessary to complete the investigation.
10.6 Closure of your QB Payment Account.You will be notified prior to your QB Payment Account is closed. In these circumstances, any pending payment order or on-going Transaction may be cancelled, restricted or blocked.
10.7 Unless you instruct otherwise prior to the closure of the QB Payment Account, any unclaimed funds from the QB Payment Account will be moved to a separate account and kept for at least one (1) calendar year (subject to associated fees being deducted as applicable). You may contact Quickbit’s Customer Support within one (1) calendar year from the closure of your QB Payment Account, and request a transfer of the unclaimed funds to you (subject to associated transaction fees being deducted as applicable). If you do not claim such funds within one (1) calendar year of closure, such funds may be deposited (subject to associated transaction fees being deducted as applicable) on your behalf and at your cost with the County Administrative Board of Stockholm, Sweden (Länsstyrelsen i Stockholm) postadress: Box 22067, SE-104 22 Stockholm, Sweden. Visiting address: Regeringsgatan 66, telephone: +46 10 223 10 00. Once any unclaimed funds are deposited at the County Administrative Board of Stockholm the responsibility of Intergiro in respect of such funds shall cease and fees and taxes will apply according to the rules of the County Administrative Board.
11. Additional legal terms
11.1 Negative balance.It is generally not possible to overdraw the QB Payment Account. It is your responsibility to ensure that there is always sufficient balance (including any fees and charges) on your QB Payment Account before you create a payment order or make a Transaction. In rare circumstances, the QB Payment Account may have a negative balance due to a reversed transaction, due to the fees and charges to be deducted or due to an offline transaction. In such a case, you will need to transfer funds to your QB Payment Account to cover the overdrawn amount within five (5) banking days, otherwise Intergiro has the right to terminate the Agreement with immediate effect and close your QB Payment Account in accordance with these Terms and Conditions.
11.2 Changes to QB Payment Account details. In rare circumstances Intergiro may, due to operational reasons, need to make changes to account details (such as account numbers). In such a case you will be notified in advance. Following such a change, you need to refrain from using the old account details, as transactions may not reach your QB Payment Account otherwise. Unfortunately Intergiro cannot accept responsibility for any losses incurred as a result of using the old account details.
11.3 Inactivity. Your QB Payment Account is a payment transaction account and not intended for savings. If your QB Payment Account is inactive, meaning that no payment order has been created or any Transaction been made, for a period longer than six (6) months, Intergiro has the right to terminate the Agreement with you and close your QB Payment Account.
11.4 Intellectual property rights. Upon entering into the Agreement, Intergiro grants you a limited, non-exclusive, non-sublicensable, non-transferable, revocable right to use Intergiro’s products and services. All the intellectual property in Intergiro’s products and services are owned by Intergiro or Intergiro’s licensors (such as Intergiro’s logo and designs, the content on Intergiro’s website, all software and source code, trademarks, know-how and data related to Intergiro’s products and services). You do not have any right to use Intergiro’s or Intergiro’s licensors’ names, trademarks, logos or other intellectual property. You must not copy, reproduce, modify, reverse engineer or disassemble any of Intergiro’s products, services or any intellectual property rights.
11.5 Intergiro’s liability. The QB Payment Account and all services provided by Intergiro are provided “as is” and Intergiro cannot guarantee that the services will be free from faults or interruptions. This is partly due to the fact that Intergiro relies on some third parties to provide the QB Payment Account and the services.
11.6 Intergiro is not liable for any services (including in relation to purchasing or selling virtual currency) provided by Quickbit to you through the QB App or for any faults or deficiencies in the QB App, and Intergiro does not undertake any responsibility in relation thereto.
11.7 Exclusions of liability. In addition to the above and to the extent such limitation is permitted by law, Intergiro will not be responsible:
- • for any indirect, punitive or consequential damages or losses including but not limited to loss of profit, loss of data, loss of business, loss of goodwill and loss of reputation;
- • for any damages, losses or costs in connection with or due to Intergiro’s compliance with applicable laws, regulations, orders and decisions of courts or authorities or other regulatory requirements of payment systems, card payment systems or any other payment, clearing or settlement system;
- • for any damages, losses or costs in connection with or due to any delays, interruptions, faults or inaccuracies relating to the QB Payment Account;
- • for any damages, losses or costs caused by a virus, malware, phishing or other technological attacks or harmful material that may infect your IT equipment and infrastructure being used for the QB Payment Account;
- • for any damages, losses or costs that arise in connection with or due to unauthorised transactions, other than as set out in these Terms and Conditions;
- • for any damages, losses or costs arising in connection with or due to Intergiro’s decision (i) not to onboard you and open an QB Payment Account for you), (ii) close your QB Payment Account, or (iii) reject a Transaction;
- • for any damages, losses or costs arising in connection with or due to (i) third-party financial institutions’ delays, errors, fees, costs or charges, (ii) a returned Transaction due to currency conversion results in a lower amount compared to the original transaction, (iii) you not providing accurate and correct payment details, including the beneficiary’s account details, (iv) you have not provided the necessary KYC information or only with delay, or if the KYC information you provided is not authentic, up-to-date, true or correct, (v) (vi) you contacting Quickbit’s Customer Support later than the deadline provided after you noticed an error in a Transaction, (vii) a returned Transaction, or (viii) your failure to keep your QB Payment Account safe;
- • for any acts or any fees charged by third parties, such as third party banks, for use of their facilities or services, or for the assessment or payment of any taxes, duties or other charges that arise from an underlying transaction; or
- • for any fraudulent act conducted by any third party contacting you posing to be representing for example Intergiro or Quickbit, a well-known company or an acquaintance of a natural person related to you asking you to disclose your customer details such as password, logins etc or to initiate a Transaction. Neither Intergiro nor Quickbit requests that kind of information or undertakes any such action.
11.8 Force Majeure. Intergiro shall not be liable for any breach or delay in the performance of Intergiro’s obligations under the Agreement if such breach or delay is caused, directly or indirectly, by fire, flood, earthquake, elements of nature, wars (incl. cyberwar), civil or military disturbances, acts of terrorism, sabotage, strikes, riots, epidemic, pandemic or any cause beyond the reasonable control of Intergiro (“force majeure event”). Should a force majeure event occur you will be notified thereof and Intergiro will be excused from performance of the obligations being affected for as long as such force majeure event prevails.
11.9 Severability. If any of the provisions of the Agreement is deemed invalid, unlawful or unenforceable, the remaining provisions of the Agreement shall continue to be valid and binding on you and Intergiro.
11.10 Assignment. You may not assign your rights or obligations under the Agreement to a third party and you are the sole party to the Agreement with Intergiro. You are liable until the QB Payment Account is terminated and any sums due have been paid by you in full. Intergiro may assign its rights or obligations under the Agreement to an Intergiro group company or to any third party without your prior consent.
11.11 No waiver. Intergiro has the right to exercise any right or remedy it has under the Agreement at any time, even if such exercise is delayed, or Intergiro previously failed to exercise any right or remedy it is entitled to.
11.12 Swedish law applies. The Agreement shall be governed by Swedish law without regard to conflict of law principles.
11.13 Dispute resolution. If you are dissatisfied with your QB Payment Account or Intergiro’s services, please contact Quickbit’s Customer Support. You may also contact Intergiro’s complaints team on firstname.lastname@example.org. If you wish to present a formal complaint it should be in writing including the relevant circumstances of the complaint. In case of a dispute between you and Intergiro, you may file a complaint with the National Board of Consumer Disputes (Sw. Allmänna Reklamationsnämnden (ARN)) in Sweden, which provides alternative dispute resolution free of charge. For more information please refer to the website www.arn.se or https://arn.se/om-arn/Languages/english-what-is-arn/ A complaint to the National Board of Consumer Disputes must be in writing. Please note that certain limitations in time and value apply. Intergiro undertakes to participate in the National Board of Consumer Disputes’ processing of the dispute. More information on your consumer rights are available at www.konsumenternas.se.
11.14 You also have the right to use the European Union’s online dispute resolution platform available at https://ec.europa.eu/consumers/odr/main/?event=main.trader.register or the Financial Dispute Resolution Network FIN-NET, available at https://ec.europa.eu/info/business-economy-euro/banking-and-finance/consumer-finance-and-payments/retail-financial-services/financial-dispute-resolution-network-fin-net/make-complaint-about-financial-service-provider-another-eea-country_en
11.15 More information about online dispute resolution is available at www.konsumenteuropa.se
11.16 If legal actions are brought against you by Intergiro, the courts of Sweden shall have jurisdiction to settle any dispute. Intergiro does however have the right to bring legal action against you with a court in another country if you are resident in or hold assets in such a country.
11.17 Distance Contracts Act.In accordance with the Swedish Distance Contracts Act (Sw. lag 2005:59 om distansavtal och avtal utanför affärslokaler) you, as a consumer, have the right to withdraw from the Agreement entered into with Intergiro as it has been entered into on distance (withdrawal right). If you wish to exercise such withdrawal rights you must contact Quickbit’s Customer Support within 14 days from the date of the entering of the Agreement or from the date you were fully aware of the exact information contained within the Agreement. The withdrawal right only applies to the Agreement and not any Transactions or other services that Intergiro has provided you with after entering into the Agreement. If you exercise your withdrawal right, Intergiro has a right to compensation for services provided during the time you have used them and for costs incurred up until the time the withdrawal right was exercised.