These Terms and Conditions constitute a binding agreement between you (“the User”) and Sikhona Foreign Exchange (Pty) Ltd with registration number 2008/008796/07 and our registered office at 3rd Floor, Protea Place, Protea Road, Claremont, Cape Town, 7735.
These Terms and Conditions govern the terms under which you may register as a user of the Sikhona Money Transfer Service in South Africa and thereafter use the Sikhona Money Transfers Service. You agree that it is only entitled to use the services once it has accepted these Terms and Conditions. Your continued use of the Services (as defined below) and the clicking of the “I AGREE” button when registering as a user shall serve as proof that the User has accepted these Terms and Conditions.
For further information, please visit www.resbank.co.za.
If you use your mobile phone to process Money Transfer Transactions, you are responsible for any fees that your phone service provider charges, such as fees for SMS, data services, and any other fees that your phone service provider may charge.
Each provision of this Agreement (excluding only those provisions which are essential at law for a valid and binding agreement to be constituted) shall be deemed to be separate and severable from the remaining provisions of this Agreement. If any of the provisions of this agreement (excluding only those provisions which are essential at law for a valid and binding agreement to be constituted) is found by any court of competent jurisdiction to be invalid and/or unenforceable then, notwithstanding such invalidity and/or unenforceability, the remaining provisions of this agreement shall be and remain of full force and effect.
No relaxation, indulgence or extension of time granted by Sikhona Foreign Exchange (Pty) Ltd shall be construed as a waiver of any of our rights in terms hereof, or a novation of any of the terms of this Agreement or stop us from enforcing strict and punctual compliance with the terms of this Agreement.
This Agreement constitutes the whole agreement between the parties in relation to the subject matter thereof and no party shall accordingly be bound by any undertaking, representation or warranty not recorded therein.
A notice dealing with amendments or variations or updates of this Agreement will be posted on the Website. The User undertakes to become familiar with and understand the amendments or variations or updates. By continuing to use the Sikhona Money Transfers Services, the User is deemed to accept the amendment, variation or update as binding.
Each party shall take all such steps, execute all such documents, and do all such acts and things as may be reasonably required by it to give effect to any of the obligations contemplated by this Agreement.
This Agreement will be governed by the laws in force in the Republic of South Africa and each party unconditionally submits to the non-exclusive jurisdiction of the courts of the Republic of South Africa in relation to any legal action, suit or proceedings arising out of or with respect to this Agreement.