Terms of Service User Deposit Funds

Last Updated: Nov 14, 2024

These Terms of Service (“Terms”) govern your use of the fund deposit services provided by TonyBrands.com/Tony Brands LLC (“we,” “our,” or “us”). By depositing funds on TonyBrands.com/Tony Brands LLC, payer agree to these Terms. Please read them carefully.

1. Acceptance of Terms

By depositing funds, you agree to be bound by these Terms, our Privacy Policy, and any other applicable policies. If you do not agree, you should not proceed with a deposit.

2. Eligibility

- You must be at least 18 years old (or the age of legal majority in your jurisdiction) to deposit funds.

- You must have a valid company or business entity and agree to provide accurate information for processing.

3. Deposit Process

- Deposit Method: You can deposit funds into our stripe payment processor through authorized payment methods available on our platform. These may include credit/debit cards, bank transfers, and other payment gateways.

- Processing Time: Deposits are typically processed within [Specify Timeframe, e.g., “24 hours”]. However, delays may occur depending on your bank, payment provider, or other factors outside our control.

- Minimum Deposit: A minimum deposit amount may be required. This amount will be displayed during the deposit process and may vary based on the payment method.

4. Deposit Fees

- Transaction Fees: Some deposit methods may incur transaction fees, which will be disclosed at the time of deposit. You agree to bear any applicable fees.

- Currency Conversion Fees: Deposits made in a currency other than the designated account currency may be subject to conversion fees, as determined by your payment provider.

5. Fund Usage

- Fund Availability For Payee: Once your deposit has been confirmed, the funds will appear on our Stripe payment processor, available for payment to payee.

- Limitations on Use: Deposited funds may only be used for transactions or activities permitted on our platform. They cannot be withdrawn or transferred to third-party accounts unless specified otherwise.

- Fund Expiration: [If Applicable] Deposited funds may expire after a certain period, as specified in by our policy. Expired funds cannot be reactivated to pay payee or refunded.

6. Refunds and Withdrawals

- Refund Policy: Deposits are generally non-refundable. However, we may allow refunds in cases of system errors or other extenuating circumstances, subject to our sole discretion.

7. Chargebacks and Disputes

- Chargebacks: If a chargeback or dispute is initiated on a deposit made to payee, we reserve the right to suspend or terminate our service to you and investigate the matter. You agree to cover any costs, fees, or damages incurred as a result of the chargeback.

- Resolution: Contact our customer service team if you experience issues with a deposit. We will make every effort to resolve disputes promptly.

8. Payer Responsibilities

- Accurate Information: Payer agree to provide accurate, complete, and current information when depositing funds. Inaccurate information may delay or prevent your deposit from being processed.

- Compliance with Laws: You are responsible for ensuring that deposits comply with all applicable local, state, federal, and international laws and regulations.

9. Modifications to Deposit Terms

We reserve the right to change these Terms at any time. Changes will be effective when posted on our platform. Continued use of deposit services after such changes signifies your acceptance of the new Terms.

10. Suspension and Termination

- Suspension of Deposit Services: We may suspend the ability to deposit funds temporarily or permanently, with or without notice, to maintain the security, integrity, or functionality of our services.

- Payer Access: If payer access is terminated for violating our terms or other policies, remaining deposited funds may be forfeited, subject to applicable law.

11. Limitation of Liability

To the fullest extent permitted by law, TonyBrands.com/Tony Brands LLC is not liable for any losses or damages arising from deposit transactions, delays, or disruptions in processing. We are not liable for any issues arising from third-party payment providers.

12. Dispute Resolution and Governing Law

- Dispute Resolution: In the event of a dispute, please contact us to resolve the matter. Any unresolved disputes may be subject to binding arbitration in North Carolina.

- Governing Law: These Terms are governed by the laws of the state of North Carolina, and all actions relating to them must be brought in the courts located in [Your Location].

By depositing funds, you acknowledge that you have read, understood, and agreed to these Terms of Service. Thank you for trusting TonyBrands.com/Tony Brands LLC with your transactions.