TERMS AND CONDITIONS
ASIA TRANSFER PLUS (HK) LIMITED
WEBSITE AND ACCOUNTS
1. Terms and Conditions This web site (“Site”) is owned and provided by ASIA TRANSFER PLUS (HK) LIMITED (together with its parents, subsidiaries and related companies “ASIA TRANSFER PLUS (HK) LIMITED” and also referred to in these terms as “We” and “Us”). The terms and conditions set out herein (“Terms and Conditions”) shall apply to your access and use of this Site and all accounts, services, programs, information and products (collectively “Account” or “Accounts”) that you may use, open or otherwise access from time to time on or through this Site. Additional terms and conditions applicable to specific areas of this Site or to particular content or transactions are posted in particular areas of the Site and, together with these Terms and Conditions, govern your use of those areas, content or transactions.
These Terms and Conditions, together with applicable additional terms and conditions, are referred to as this “Agreement.”
IF YOU DO NOT AGREE WITH ANY OF THESE TERMS AND CONDITIONS, DO NOT ACCESS OR OTHERWISE USE THIS SITE OR ANY INFORMATION
CONTAINED ON THIS SITE. YOUR USE OF THIS SITE SHALL BE DEEMED YOUR AGREEMENT TO ABIDE BY EACH OF THE TERMS AND CONDITIONS SET FORTH HEREIN.
You acknowledge and agree that this Agreement may be formed by electronic means and enforced pursuant to applicable law. Neither you nor ASIA TRANSFER PLUS (HK) LIMITED may challenge the validity of this Agreement. ASIA TRANSFER PLUS (HK) LIMITED may modify this Agreement at any time, and such modification shall be effective immediately upon either posting of the modified Agreement on this Site or notifying you. You agree to review this Agreement periodically to be aware of such modifications, and your continued access or use of this Site shall be deemed your acceptance of the modified Agreement.
In addition to the foregoing, you (“Client”, also referred to as “You”) accept and agree each of the following Terms and Conditions:
2. Client Acceptance/Account Opening Requirements
We require a fully completed application form including acceptance to these Terms & Conditions before an Account is opened for you and Instructions may be accepted in connection with your Account. You must complete an Application Form via our Website. When you sign, scan and return the application form by mail you are agreeing to abide by these terms and conditions and requesting us to accept you as a client.
Asia Transfer Plus (HK) Limited has the ultimate right to close or suspend an account at any time or amend the fees at our discretion, according to the additional time or effort involved in a transaction related to your account.
Prior to accepting you as a client we will require you to complete certain documents and provide evidence of your identity in line with the law to prevent money laundering. Such information may contain but not be limited to electronic identification and/or the provision of copies of photographic identification and copies of documentation verifying your address. If you do not provide the appropriate documents or we are not satisfied with them, we may:
a. delay accepting your application for an Account;
b. refuse to accept your application for an Account;
c. suspend your Account
You agree to supply information reasonably requested by us promptly. You warrant that the information you give in relation to your identity and the reasons for your intended Instruction is accurate and that the Instruction does not breach any laws or regulations. If at any time, we are not satisfied as to the accuracy of any information that you have provided to us we may, at our absolute discretion, suspend or close your Account.
When you apply to become a client, and after you have satisfied our security verification procedures, we will approve your application and your Account will be opened.
You will receive an email with a link to set your password and authorization code, and then operate your Account.
If we reasonably believe that you are using the Account for illegal purpose or if it is brought to our attention that there is a disagreement about who owns or has authority to deal on the held funds for you, we may suspend your Account. This means that we will not allow anyone to deal or carry out a transaction until we are satisfied that you are not using your Account for illegal purposes or that the disagreement is settled. There is no time limit for this suspension.
3. Acting on Instructions
Any reference in this Agreement or this Site to “Instructions” or “Client Instructions”
includes, without limitation, letter, e-mail, telephone or fax Instructions, information,
requests, and orders.
We may accept Instructions in relation to your Account:
a. from the person nominated by you, to be the signatory on your Account (“the
Signatory”), where you warrant that you have the right to operate the Account and that
no other person has any rights or interests in the Account that prevents you from
operating the Account in line with these terms and conditions. Any Instructions that we
accept in good faith from the Signatory will form a legally binding contract between
you and us. In particular, you authorize us as your agent for the express purposes of
following your Instructions in line with these conditions
b. from a person who has a legal right to give us Instructions (for example, your trustee
if you are made bankrupt; your personal representative in the event of your death;
your receiver, liquidator or administrator in the event of corporate insolvency); or
c. from a person that you have authorized in writing to give us Instructions (for
example, someone who has a Power of Attorney for you);
ASIA TRANSFER PLUS (HK) LIMITED may engage or appoint agents on such terms
as ASIA TRANSFER PLUS (HK) LIMITED deems fit and can delegate any of its
functions under these conditions. ASIA TRANSFER PLUS (HK) LIMITED will satisfy
itself that any person to whom it delegates any functions under these terms is
competent to carry out those functions.
In the event that ASIA TRANSFER PLUS (HK) LIMITED decides to act upon or carry
Instruction, or is otherwise under an obligation to act upon or carry out any Instruction,
ASIA TRANSFER PLUS (HK) LIMITED shall be allowed such amount of time to act
and carry out any Instruction as may be reasonable and shall not be liable for any loss
arising from any delay or failure on the part of ASIA TRANSFER PLUS (HK) LIMITED
in acting on any such Instruction.
ASIA TRANSFER PLUS (HK) LIMITED shall be entitled to verify the identity of the
persons or entities purporting to give any Instruction, the source and origin of any
Instruction. ASIA TRANSFER PLUS (HK) LIMITED may defer acting upon any
Instruction until ASIA TRANSFER PLUS (HK) LIMITED is satisfied as to the matters
on which ASIA TRANSFER PLUS (HK) LIMITED sought verification.
In the event, any Instruction is ambiguous or inconsistent with any other Instruction,
ASIA TRANSFER PLUS (HK) LIMITED shall be entitled to rely and act upon any
Instruction given by Client which ASIA TRANSFER PLUS (HK) LIMITED believes in
good faith to be the correct interpretation or refuse to act until Client issues new
Instructions in such form and manner required by ASIA TRANSFER PLUS (HK)
4. Account Closure
ASIA TRANSFER PLUS (HK) LIMITED reserves the right to close an Account at any
time without providing reasons for doing so.
If We cannot perform any of our services under conditions due to circumstances
beyond our control, then We will take all reasonable steps resolve the issues, but We
will not be liable for our non-performance.
We do not accept any liability either for any consequential loss arising from error or
We are not responsible for any loss incurred as a result of the actions or omissions of
any third party.
We cannot be held responsible for any fees levied by or any delay caused by an
intermediary bank or a beneficiary bank. We agree to perform our obligations with
reasonable care and skill but providing that We do so, We shall not be liable to the
Client or any third party for any damages, costs, expenses, taxes, liabilities or losses
resulting from our failure to execute any Instruction.
Time shall not be of the essence for the processing of any Instruction.
You shall indemnify and keep ASIA TRANSFER PLUS (HK) LIMITED indemnified
against all damages, costs, expenses, taxes, liabilities or losses of any nature suffered
by ASIA TRANSFER PLUS (HK) LIMITED through your failure to observe any Terms
in respect of any Instruction agreed with ASIA TRANSFER PLUS (HK) LIMITED. You
shall indemnify and keep Us indemnified against all liabilities incurred by Us in the
proper performance of our services, including any liabilities incurred by Us as a result
of Us performing actions to perform your Instructions (or acting on requests which
reasonably appear to ASIA TRANSFER PLUS (HK) LIMITED to be from you or your
You shall keep all passwords and authorizations whether issued to you by Us, or set
by yourself confidential and secure and We shall be entitled to rely on all Instructions
or requests received by Us using those passwords and authorizations as if they were
received from you, without conducting any further checks as to the identity of the
person making the Instruction or request.
The limitations of liability in these Terms are agreed by the parties, including on the
basis that you are aware of the volatility of the foreign currency markets.
We shall not be liable to you; in contract, tort, negligence, breach of statutory duty or
otherwise for any loss, damage, costs or expenses of any nature whatsoever incurred
or suffered of an indirect or consequential nature, including without limitation any loss
of profits, business or goodwill, anticipated savings, loss caused by any third party,
even if such loss was reasonably foreseeable.
We do not purport to limit our liability for death or personal injury or fraudulent
The operation and maintenance of all Accounts, the execution of all Instructions and
the provision of all services shall be subject to applicable laws. ASIA TRANSFER
PLUS (HK) LIMITED may take or refrain from taking any action whatsoever, and Client
shall do all things required by ASIA TRANSFER PLUS (HK) LIMITED, in order to
procure or insure compliance with applicable laws.
Client shall promptly examine and verify all Account information identified in its
Accounts, on this Site or otherwise and shall give ASIA TRANSFER PLUS (HK)
LIMITED notice of any inaccuracy, error or omission immediately after Client receives
or is deemed to have received such Account information and, upon receipt of such
notice, ASIA TRANSFER PLUS (HK) LIMITED shall revise the Account information in
accordance with the Client’s Instructions. All Account information shall be deemed to
Client shall promptly notify ASIA TRANSFER PLUS (HK) LIMITED from its designated
email address of any changes in Account information provided after being opened and
ASIA TRANSFER PLUS (HK) LIMITED shall be entitled to assume that there has been
no change until ASIA TRANSFER PLUS (HK) LIMITED has received notice thereof.
6. Client Representations and Warranties
1. Client has the full capacity and authority to accept and agree to these Terms and
Conditions and this Agreement, to open and maintain all Account(s) from time to
time opened with ASIA TRANSFER PLUS (HK) LIMITED, and to provide any
Instructions that are necessary to open and maintain such Accounts.
2. All authorizations, consents, licenses or approvals required to accept and agree to
these Terms and Conditions and this Agreement, to open and maintain all Accounts
from time to time opened with ASIA TRANSFER PLUS (HK) LIMITED, and to give
ASIA TRANSFER PLUS (HK) LIMITED any Instructions have been obtained and
will be maintained in full force and effect.
3. Except for any security or encumbrance created in favor of ASIA TRANSFER PLUS
(HK) LIMITED, no person other than Client will have or acquire any beneficial or
other interest in or security or other rights over any Account(s) or assets held by
ASIA TRANSFER PLUS (HK) LIMITED for Client, without the prior written consent
of ASIA TRANSFER PLUS (HK) LIMITED.
4. Client is acting as principal, not agent or representative.
5. Client will not be contravening any laws or regulations by seeking the services of
ASIA TRANSFER PLUS (HK) LIMITED or entering into a transaction in accordance
with these terms.
6. The Signatory is authorized by the Client to act on behalf of the Client in accordance
with these terms and conditions. In the event that the Signatory is no longer
authorized to act on behalf of the Client, the Client will immediately notify ASIA
TRANSFER PLUS (HK) LIMITED and will nominate a new Signatory.
7. The Client will notify ASIA TRANSFER PLUS (HK) LIMITED immediately in the
event of a change in the beneficial ownership of the Client.
7. Fees and Other Expenses
The fees of ASIA TRANSFER PLUS (HK) LIMITED are provided to you after
application and tailored to reflect your company’s commercial profile.
ASIA TRANSFER PLUS (HK) LIMITED offers these facilities on the basis of the
representations made by you when you apply to open your Account. The fees and
charges are calculated to reflect the commercial cost and risk to ASIA TRANSFER
PLUS (HK) LIMITED of the Account proposed by you and on the assumption that the
Account runs smoothly and without undue fluctuations. If the Account requires
attention by ASIA TRANSFER PLUS (HK) LIMITED in excess of reasonable and
normal maintenance, ASIA TRANSFER PLUS (HK) LIMITED reserves the right to
charge an Account Maintenance Adjustment Fee (AMAF).
An AMAF will be charged at the absolute discretion of ASIA TRANSFER PLUS (HK)
LIMITED but will not exceed the reasonable management, accounting, compliance
and legal costs of the additional maintenance. The fees charged to the Account also
reflect the commercial traffic predicted by you when you apply for the Account with
ASIA TRANSFER PLUS (HK) LIMITED. If the magnitude or volume of commercial
traffic or Instructions vary from that represented on your application, ASIA TRANSFER
PLUS (HK) LIMITED reserves the right to apply an AMAF to reflect the fees and
charges that would fairly be applied if the Account had operated as represented on
Client shall indemnify ASIA TRANSFER PLUS (HK) LIMITED from and against all loss
in relation to acting on Instructions received from the Client and irrevocably authorizes
ASIA TRANSFER PLUS (HK) LIMITED to debit any Account for all amounts
chargeable to Client as a result of ASIA TRANSFER PLUS (HK) LIMITED acting upon
8. Restrictions on Use
Client is authorized to view, copy and print the materials appearing on this Site, subject
to the following:
1. The materials may be used for internal and non-commercial purposes only and
Client may not copy, distribute, modify, transmit, reuse, repost or otherwise display
the content on this Site for public or commercial purposes.
2. Client may not use this Site or any related Accounts or services for any purpose
that is unlawful or prohibited by this Agreement or conduct any other activity that
creates a liability for ASIA TRANSFER PLUS (HK) LIMITED or otherwise may harm
the goodwill of ASIA TRANSFER PLUS (HK) LIMITED.
3. Client may not use any device, software or action, including but not limited to,
bots, spiders, viruses, Trojan horses, worms or time bombs, designed to damage or
otherwise interfere with the Site or to intercept or expropriate any system, data or
personal information contained on this Site. Client will not use this Site or related
services for chain letters, junk mail, or spamming.
4. ASIA TRANSFER PLUS (HK) LIMITED reserves the right to reject hard copies
of forms or material printed from this Site. ASIA TRANSFER PLUS (HK) LIMITED
agrees to be bound only by the provisions as they appear on this Site and will not be
bound by any agreement that has been altered, modified, or amended.
5. ASIA TRANSFER PLUS (HK) LIMITED may immediately terminate any or all of
your rights to use this Site at any time for any reason or no reason whatsoever.
Client acknowledges that Client has read the Anti-Money Laundering Policy and
10. Disclaimer of Warranties
ASIA TRANSFER PLUS (HK) LIMITED MAKES NO EXPRESS OR IMPLIED
WARRANTIES, REPRESENTATIONS OR ENDORSEMENTS WHATSOEVER WITH
THE SITE OR ITS CONTENT OR ANY PRODUCT OR SERVICE FURNISHED OR
TO BE FURNISHED VIA THE SITE. ASIA TRANSFER PLUS (HK) LIMITED
DISCLAIMS ALL WARRANTIES OF ANY KIND, EXPRESS, IMPLIED, STATUTORY
OR OTHERWISE, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES
OF FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT,
WITH REGARD TO THE SITE AND ITS CONTENT OR ANY PRODUCT OR
SERVICE FURNISHED OR TO BE FURNISHED VIA THE SITE. CJ BANKING
LIMITED DOES NOT WARRANT THAT THE FUNCTIONS PERFORMED BY THE
SITE OR ASIA TRANSFER PLUS (HK) LIMITED’ PRODUCTS OR SERVICES WILL
UNINTERRUPTED, TIMELY, SECURE OR ERROR-FREE, OR THAT DEFECTS IN
THE SITE OR ASIA TRANSFER PLUS (HK) LIMITED’ PRODUCTS OR SERVICES
CORRECTED. TRADE & TRUST DOES NOT WARRANT THE ACCURACY OR
COMPLETENESS OF THE SITE, OR THAT ANY ERRORS IN THE CONTENT
WILL BE CORRECTED. THE SITE AND ASIA TRANSFER PLUS (HK) LIMITED’
PRODUCTS AND SERVICES ARE PROVIDED ON AN “AS IS” AND “AS
Client shall indemnify, defend and hold harmless ASIA TRANSFER PLUS (HK)
LIMITED, its parent companies, subsidiaries, affiliates, joint ventures, business
partners, licensors, officers, members, directors, employees, consultants, agents, and
any third-party information providers from and against all claims, losses, expenses,
damages and costs (including, but not limited to, direct, incidental, consequential,
exemplary and indirect damages), and reasonable lawyers’ fees, resulting from or
arising out of Client’s use, misuse, or inability to use the Site, Accounts, or any of our
related products or services, or any violation by Client of this Agreement.
ASIA TRANSFER PLUS (HK) LIMITED reserves the right, to participate in the
defense or settlement process of any claim arising pursuant to this paragraph. ASIA
TRANSFER PLUS (HK) LIMITED further reserves the right to report any wrongdoing
that we become aware of to any government agency.
This Site may contain links to other web sites which are not under the control of
ASIA TRANSFER PLUS (HK) LIMITED. These links are provided only for Client’s
convenience and ASIA TRANSFER PLUS (HK) LIMITED is not responsible for the
contents or transmission of any web site to which a link is provided. ASIA
TRANSFER PLUS (HK) LIMITED does not endorse any such web sites and does
not make any representation that they are error or virus free. The disclaimer of
warranties above also applies to any linked web site.
13. Intellectual Property Rights
The copyrights, trademarks, service marks, other intellectual property, and content
on this Site are the property of ASIA TRANSFER PLUS (HK) LIMITED and may not
be used without permission from the ASIA TRANSFER PLUS (HK) LIMITED. Client
shall not reproduce, reverse engineer, disassemble, modify or create derivative
works from this Site.
The waiver by ASIA TRANSFER PLUS (HK) LIMITED of a breach of any portion of
this Agreement by Client shall not operate or be construed as a waiver of any
15. Other conditions applying to communications between Us
E-mails will be treated as arriving immediately upon sending by us.
If you change your name, address, e-mail address or other contact details, you must
inform us through your online Account straight away. You should make sure that you
can receive e-mail from us at the designated e-mail address that you have notified to
When we receive returned e-mails, or do not get a response to our emails, we will
attempt to contact you by telephone to verify your details. We reserve the right to not
send further communications to the old e-mail address. In the event that we are
unable to contact you by telephone, we will suspend your Account until we hear from
We may keep any e-mails sent to or from us. We do this to keep a record of
communications and also to help train our staff. We do not accept Instructions by
email or phone.
If you have a complaint about your Account or the service We provide or you would
like details of our complaints procedures, please email Us
We have internal procedures for handling complaints fairly and promptly. A copy of
this complaints procedure is available upon request and will be sent to you should
you lodge a complaint.
We will investigate your complaint in accordance with the Cyprus requirements and
our complaints procedures. Upon resolution of your complaint, we will send you a
final response letter, which sets out the nature of that resolution. If you are
dissatisfied with our final response and provided you are classified as an eligible
complainant under the Central Bank of Cyprus, you will be entitled to refer your
complaint to them.
17. Our obligations under the Payment Services Regulations
In accordance with our obligations under the EMI Regulations, ASIA TRANSFER
PLUS (HK) LIMITED must inform you of certain important rights pertaining to you.
Money transfers are governed by the Regulations where the destination of the funds
and the recipient of those funds are located with the EEA and where the funds are in
a currency of an EEA state.
18. How We use your Personal Data
Like other financial organizations, we are legally obliged to collect, verify and record
information confirming client identity and to report details of suspicious transactions
19. Data Protection
Our main use of your personal information is to look after your Account or to provide
the specific service you require. We may use your details to inform you by telephone
or e-mail about any special offers, products or services offered by us and selected
third parties, unless you ask us not to do so. If you do not wish to hear about these,
please call us or let us know by any means available to you. You agree that we have
your permission to contact you on any telephone number or e-mail address that you
Unless you have given us your consent, we will not provide information about you to
companies outside ASIA TRANSFER PLUS (HK) LIMITED to use for their marketing
purposes. We disclose personal information only with your consent, or if we are
required to do so by law. Sometimes we need to give information to our agents and
subcontractors so that they can provide a particular service. Sometimes, these
companies may be located abroad in countries that do not have data protection laws.
In these circumstances, we always take great care to ensure that your personal
information is kept safe and secure.
20. Rules applying to Security
i) You must provide us with identity details before we allow you to open an Account.
You will log into your online Account using your username and password that you
have set online. In order to authorize a transaction, you must use your code also set
by you during the Account opening process. You can change your password online
by following the Instructions on the screen. For administration or security reasons,
we can require you to change your password at any time.
If you think that someone else knows your password or any of your additional
security details or has used any of them to use our online service, you must do the
(a) You must contact us as soon as possible
(b) Change your password online as soon as possible. If you have difficulty changing
your password, you must inform us immediately via e-mail. We will reset the
password online, and you will receive an email with a link so that you may enter a
new password. We do not have access to your password or authorization code.
ii) We may suspend your Account if we believe that:
(a) your identity details are being used by someone else or we are otherwise
concerned about the security of your Account;
(b) We suspect your Account is being used in breach of these conditions in an
unauthorized or fraudulent manner;
(c) you are not keeping to these conditions or the conditions of any of your Accounts.
Where we suspend your Account under this condition we will, if practical, notify you
immediately before, or where we cannot notify you immediately before, after
suspending your Account and inform you of our reasons for doing so unless it is
unlawful for us to do so or it would compromise our reasonable security measures.
You may not, without our prior written consent, assign or transfer, all or any of your
rights or obligations under these terms.
It is agreed that these conditions are governed by the laws of Cyprus and that any
dispute will be dealt with by the Cypriot courts.
You are responsible for ensuring that all information supplied by you at all times is
accurate and up to date. Any changes must be
notified by you to us in writing. ASIA TRANSFER PLUS (HK) LIMITED reserves the
right to process
foreign exchange transactions with the best interests of all parties involved.
Force Majeure: If We are unable to perform any of our obligations under these terms
in regard to any Instruction because of factors beyond our control such as, but not
limited to, acts of God; fire, flood, earthquake, wind, storm or other natural disaster;
war, threat of war, armed conflict, sanctions, terrorist attack; chemical or biological
contamination; changes in law in any relevant jurisdiction; explosion or accidental
damage, collapse of buildings or structures; failure of computers; labor disputes;
non-performance by third parties; interruption or failure of utility services, We shall
not be in breach of this agreement or any Instruction and shall not be liable for any
failure or delay in the performance of its obligations.
The provisions of these terms are severable and the invalidity or unenforceability of
any provision herein shall not affect the validity or enforceability of any other part of
Our policy describes the way that we collect, store, use, and protect your personal
information. You have automatically accepted this policy when you signed up for an Account.
We may amend this policy at any time by posting a revised version on our website. The
revised version will be effective at the time we post it.
Throughout this policy, we use the term "Personal Information" to describe information that
can be associated with a specific person and can be used to identify that person.
1. PERSONAL INFORMATION COLLECTION
1.1. When you visit the Asia Transfer Plus (HK) Limited website, we collect your IP address
and standard web log information, such as your browser type and the pages you accessed
on our website.
1.2. If you open an account, we collect the following types of information from you:
o Contact information - your name, address, phone, email, and other similar information.
o Corporate information – all of the details on the company that you are associated with for the account
o Financial information - the bank and bank account numbers that were used to send funds into the
account you created or to send funds out
1.3. Before permitting you to use our Account Service, we require you to provide additional
information we will use to verify your identity and address such as your date of birth, passport,
utility bill or other information. We may also obtain information about you from third parties
such as identity verification services.
2.1. When you access our website, we may track how our website is used, and may place
small data files called "cookies" on your computer.
2.2. We send a "session cookie" to your computer when you log in to your account. This type
of cookie helps us to recognize you if you visit multiple pages on our site during the same
session so that we don't need to ask you for your password on each page. Once you log out
or close your browser, this cookie expires and no longer has any effect.
2.3. We also use longer-lasting cookies for other purposes such as to display your email
address on our sign-in form so that you don't need to retype the email address each time you
log in to your account.
2.4. We encode our cookies so that only we can interpret the information stored in them. You
are free to decline our cookies if your browser permits, but doing so may interfere with your
use of our website. We may also collect information about your computer or other access
device to mitigate risk and for fraud prevention purposes.
3. PERSONAL INFORMATION PROTECTION
3.1. We store and process your personal information on extremely secured dedicated
servers, and we protect it by maintaining physical, electronic, and procedural safeguards in
compliance with applicable government regulations. We use computer safeguards such as
firewalls and data encryption, we enforce physical access controls to our buildings and files,
and we authorize access to personal information only for those employees who require it to
complete their job responsibilities.
4. USE OF PERSONAL INFORMATION
4.1. Our primary purpose in collecting personal information is to provide you with a secure,
smooth, efficient, and customized experience. We may use your personal information to:
o provide the services and customer support you request;
o process transactions and send notices about your transactions;
o resolve disputes, collect fees, and troubleshoot problems;
o prevent potentially prohibited or illegal activities, and enforce our Account
Terms and Conditions
5. SHARING INFORMATION WITH BANKS AND FINANCIAL PROVIDERS
5.1. To process your payments, we may need to share some of your basic company corporate
information with the person or company that you are paying or that is paying you.
5.2. If you are paying for goods or services, we will provide the payee and his bank with your
account name and account address to help complete your transaction with the seller.
5.4. Regardless, we will not disclose your detailed bank account information to anyone except
with your express permission or if we are required to do so to comply with a subpoena or
other bank compliance process.
6. SHARING INFORMATION WITH OTHER PARTIES
6.1. We may share your personal information with:
o Members of the Asia Transfer Plus (HK) Limited corporate family – to provide joint content and
services (like registration, transactions, and customer support), to help detect and prevent potentially
illegal acts and violations of our policies, and to guide decisions about their products, services, and
o Service providers under contract who help with parts of our compliance and accounting systems Our
contracts dictate that these service providers only use information in connection with the services
they perform for us and not for their own benefit.
o Financial institutions that we partner with to jointly create and offer solutions.
o Law enforcement, government officials, or other third parties when
o we are compelled to do so by a subpoena, court order, or similar legal procedure
o we need to do so to comply with Cyprus law
o we believe in good faith that the disclosure of personal information is necessary to prevent physical
harm or financial loss, to report suspected illegal activity, or to investigate violations of our Terms of
o Other third parties with your consent or direction to do so.
6.2. Asia Transfer Plus (HK) Limited will not sell or lease any information to third parties for
their marketing purposes.
7. CONTACT US ABOUT PRIVACY QUESTIONS
If you have questions or concerns regarding this policy, you should contact Customer Support
MONEY LAUNDERING PREVENTION
CONFIRMATION AND VERIFICATION
You are requested to confirm your identity and provide some personal details. Asia Transfer
Plus (HK) Limited has put in place a dedicated system of compliance and identity verification
that ensures the safety and security of both your account and the entire Asia Transfer Plus
(HK) Limited payment transaction system.
We work directly with and report to the Central Bank of Cyprus and the Cyprus Financial
Service Authorities and follow the Anti Money Laundering rules and regulations of these
WHEN AML RISK PREVENTION APPLIES
You will be asked to confirm your identity when you are applying to be a new client.
You will be asked to confirm larger value or multiple payee financial transactions in /out of
You will be asked to confirm transactions if they are from/to locations classified as “offshore”
You will be asked to confirm transactions if our Risk and Compliance Department ask for
TIME FOR AML AND TRANSACTIONS
Government and all other organizations involved in financial services now place a much
higher degree of compliance on financial transactions. Therefore, certain transactions will
take longer to process or are slightly more expensive to process.
Your cooperation is vital to the successful fight against money laundering.