Terms and Conditions

Last Updated: May 15, 2024

Introduction

These Terms and Conditions ("Terms") govern your access to and use of the ANSOREMILO website, mobile applications, and services (collectively, the "Services"). Please read these Terms carefully. By accessing or using our Services, you agree to be bound by these Terms and our Privacy Policy.

ANSOREMILO ("we," "our," or "us") is a financial technology company registered in Ghana that provides digital finance solutions, including savings, investment, and advisory services.

Acceptance of Terms

By accessing or using our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you must not access or use our Services.

We reserve the right to modify these Terms at any time. Any changes will be effective immediately upon posting the updated Terms on our website. Your continued use of our Services after any such changes constitutes your acceptance of the new Terms.

Eligibility

To use our Services, you must:

  • Be at least 18 years old
  • Have the legal capacity to enter into a binding contract
  • Not be prohibited by law from using our Services
  • Provide accurate, current, and complete information as required during registration or subsequent interactions
  • Have a valid Ghana Card or other government-issued identification as may be required

We reserve the right to refuse service, terminate accounts, or remove content at our discretion, particularly if we believe you are violating these Terms or applicable laws.

Account Registration

To access certain features of our Services, you may need to register for an account. When registering, you agree to:

  • Provide true, accurate, current, and complete information
  • Maintain and promptly update your information to keep it accurate and current
  • Maintain the security and confidentiality of your login credentials
  • Notify us immediately of any unauthorized access to your account
  • Take responsibility for all activities that occur under your account

You are solely responsible for all activities that occur under your account. We are not liable for any loss or damage arising from your failure to maintain the security of your account.

Our Services

Financial Products

ANSOREMILO offers various financial products, including but not limited to:

  • SmartSave Plan: Automated savings with interest rates
  • InvestGrow Portfolio: Diversified investment portfolio
  • Education Fund: Long-term savings for educational goals
  • Retirement Builder: Tax-optimized retirement savings plans
  • Financial Advisory Services: Personalized financial consultation

Each product has specific terms, conditions, and fees that will be disclosed to you before you enroll in the service.

Investment Risks

Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results. Before investing, please consider your investment objectives, risk tolerance, and the fees and expenses associated with each investment product.

We do not guarantee any particular investment outcome, and market conditions can cause the value of investments to fluctuate. We recommend that you consult with a financial advisor before making investment decisions.

Advisory Services

Our advisory services are provided for informational purposes only and should not be construed as legal, tax, or financial advice. The information we provide is general in nature and may not be applicable to your specific circumstances.

Fees and Payments

The fees for our Services vary by product and are disclosed before you enroll in any service. By enrolling in our Services, you agree to pay all applicable fees as they become due.

For subscription-based services, you authorize us to charge the payment method you provide on a recurring basis until you cancel the subscription. You are responsible for maintaining current and valid payment information.

All fees are quoted in Ghanaian Cedi (GHS) and are subject to change upon notice. Changes in fees will not apply retroactively and will take effect on your next billing cycle.

We may offer promotional rates or discounts at our discretion. Any promotional offer will specify its terms, including duration and eligibility requirements.

Intellectual Property Rights

All content on our Services, including but not limited to text, graphics, logos, icons, images, audio clips, digital downloads, and software, is the property of ANSOREMILO or its content suppliers and is protected by Ghanaian and international copyright, trademark, and other intellectual property laws.

Our trademarks and trade dress may not be used in connection with any product or service without our prior written consent.

We grant you a limited, non-exclusive, non-transferable license to access and use our Services for your personal, non-commercial purposes. This license does not include:

  • Modifying or copying our materials
  • Using our materials for commercial purposes
  • Attempting to decompile or reverse engineer any software contained on our Services
  • Removing any copyright or other proprietary notations
  • Transferring the materials to another person or entity

This license will terminate automatically if you violate any of these restrictions.

User Conduct

When using our Services, you agree not to:

  • Violate any applicable law or regulation
  • Infringe upon the rights of any third party
  • Use our Services for any illegal or unauthorized purpose
  • Interfere with or disrupt the integrity of our Services
  • Attempt to gain unauthorized access to our Services or related systems
  • Collect or harvest user data without permission
  • Impersonate another person or entity
  • Upload or transmit viruses, malware, or other malicious code
  • Engage in any activity that could disable, overburden, or impair our Services

We reserve the right to terminate your access to our Services for violating any of these prohibitions.

Third-Party Links and Services

Our Services may contain links to third-party websites or services that are not owned or controlled by ANSOREMILO. We have no control over, and assume no responsibility for, the content, privacy policies, or practices of any third-party websites or services.

You acknowledge and agree that ANSOREMILO shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods, or services available on or through any such websites or services.

We strongly advise you to read the terms and conditions and privacy policies of any third-party websites or services that you visit.

Limitation of Liability

To the maximum extent permitted by applicable law, in no event shall ANSOREMILO, its affiliates, directors, employees, agents, or licensors be liable for any indirect, punitive, incidental, special, consequential, or exemplary damages, including without limitation damages for loss of profits, goodwill, use, data, or other intangible losses, arising out of or relating to your use of, or inability to use, our Services.

In no event will our total liability to you for all claims, damages, losses, and causes of action exceed the amount paid by you, if any, for accessing or using our Services during the twelve (12) months preceding your claim.

These limitations of liability apply whether the alleged liability is based on contract, tort, negligence, strict liability, or any other basis, and even if we have been advised of the possibility of such damage.

Indemnification

You agree to defend, indemnify, and hold harmless ANSOREMILO, its affiliates, licensors, and service providers, and its and their respective officers, directors, employees, contractors, agents, licensors, suppliers, successors, and assigns from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to:

  • Your violation of these Terms
  • Your use of our Services
  • Your violation of any rights of another person or entity
  • Your violation of any applicable laws, rules, or regulations

Termination

We may terminate or suspend your account and access to our Services immediately, without prior notice or liability, for any reason whatsoever, including, without limitation, if you breach these Terms.

Upon termination, your right to use our Services will immediately cease. If you wish to terminate your account, you may simply discontinue using our Services or contact us to request account deletion.

All provisions of these Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity, and limitations of liability.

Governing Law

These Terms shall be governed by and construed in accordance with the laws of Ghana, without regard to its conflict of law provisions.

Any legal action or proceeding arising out of or relating to these Terms shall be instituted in the courts of Ghana, and you consent to the jurisdiction of such courts.

Dispute Resolution

In the event of any dispute, claim, or controversy arising out of or relating to these Terms or our Services, you agree to first attempt to resolve the dispute informally by contacting us.

If we are unable to resolve the dispute informally, both parties agree to submit the dispute to binding arbitration in Accra, Ghana, in accordance with the rules of the Ghana Arbitration Centre.

Any arbitration shall be conducted in English, and the arbitrator's decision shall be final and binding on both parties.

Severability

If any provision of these Terms is found to be unenforceable or invalid under any applicable law, such unenforceability or invalidity shall not render these Terms unenforceable or invalid as a whole, and such provisions shall be deleted without affecting the remaining provisions herein.

Waiver

Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of ANSOREMILO.

Entire Agreement

These Terms, together with our Privacy Policy and any other legal notices or additional terms and conditions published by ANSOREMILO on our Services, constitute the entire agreement between you and ANSOREMILO concerning your use of our Services.

Changes to Terms

We reserve the right, at our sole discretion, to modify or replace these Terms at any time. We will provide notice of any changes by posting the new Terms on our website and updating the "Last Updated" date.

Your continued use of our Services following the posting of revised Terms means that you accept and agree to the changes. You are expected to check this page frequently so you are aware of any changes, as they are binding on you.

Contact Information

If you have any questions about these Terms, please contact us at:

ANSOREMILO
Flat 69v Robertson Centers
Zacharyburgh, GU7 9SD
Ghana

Email: [email protected]
Phone: +447026652436

Acknowledgement

By using our Services, you acknowledge that you have read these Terms, understood them, and agree to be bound by them. If you do not agree to these Terms, you must not use our Services.