These terms and conditions (these “Terms and Conditions”) govern the Promotion (as defined below). By participating in the Promotion, you confirm that you accept these Terms and Conditions and agree to comply with them.

1. Definitions and Interpretation

In these Terms and Conditions, the following words and expressions shall have the following meanings:

1.1 “Cashback Reward” shall have the meaning given to such term in clause 2;

1.2 “Promotion” shall have the meaning given to such term in clause 2;

1.3 “Promotion Period” shall have the meaning given to such term in clause 3.;

1.4 “Reward Criteria” shall have the meaning given to such term in clause 1;

1.5 “WorldFirst” means World First UK Limited or World First Netherlands B.V., as applicable;

1.6 “World Account” means the World Account service provided by World First UK Limited or World First Netherlands B.V., as applicable; and

1.7 “World Account Terms” means the prevailing terms and conditions, including the privacy policies, governing the relevant WorldFirst World Account.

2. Description of the Promotion

During the Promotion Period, a WorldFirst customer that is registered in the countries or regions supported by the account service offered by WorldFirst and satisfies the Reward Criteria may be eligible to receive the Cashback Reward (the “Promotion”).

3. Promotion Period

The promotion period begins at 00:00:01 on 3 April 2024 and ends at 23:59:59 on 3 May 2024 (London time) (the “Promotion Period”).

4. Cashback Reward

4.1 An eligible participant in the Promotion may be eligible to receive the Cashback Reward, provided:

a. it is registered in a country or region supported by the World Account service offered by World First UK Limited or World First Netherlands B.V.;

b. it was not an existing WorldFirst customer in the 18 months immediately preceding the Promotion Period;

c. during the Promotion Period, it successfully opens a World Account and applies the following invitation code as part of the World Account registration process: INRANK; and

d. it successfully receives into its World Account funds totaling at least USD 1,000 (or the equivalent in any other currency) from any marketplace during the 90 day period beginning on the date on which its World Account is successfully opened. Funds will only be considered as having been received into the participant’s World Account when such funds have been received by WorldFirst and/or an affiliate and credited to such World Account,

   (collectively, the “Reward Criteria”).

4.2 The “Cashback Reward” is a cashback reward with a value of USD 400. The Cashback Reward shall be credited to the relevant WorldFirst customer’s United States dollar (“USD”) denominated account within its World Account in USD within 30 days of the customer satisfying the Reward Criteria and successfully passing WorldFirst’s review process. Such USD account must be valid, open and functioning, and must not be suspended, canceled, and/or terminated, at the time the Cashback Reward is credited to such account.

4.3 WorldFirst has the sole discretion to delay the crediting of the Cashback Reward for any reason that it deems appropriate, including for the purposes of assessing the eligibility of the relevant WorldFirst customer.

4.4 The Cashback Reward is not transferable or exchangeable for cash, credit, products, or privileges or other benefits or payments in kind, whether in full or in part, and is not refundable or replaceable.

4.5 Should WorldFirst determine, in its sole discretion, that a WorldFirst customer is not eligible to receive the Cashback Reward or to participate in the Promotion for any reason (including but not limited to a breach of these Terms and Conditions or any applicable laws or regulations, improper use of any information relating to the Promotion, fraud, attempted fraud, or any other illegal or illegitimate activity), or where WorldFirst has knowledge of subsequent events which would mean that the WorldFirst customer would not have been entitled to receive the Cashback Reward (including but not limited to where the transactions of such WorldFirst customer were reversed or refunded), WorldFirst has the right to disqualify such WorldFirst customer and shall not be liable to any such WorldFirst customer. WorldFirst further reserves the right to claw back the Cashback Reward or to deduct the value of the Cashback Reward from the WorldFirst customer’s World Account(s).

5. Further Terms

5.1 WorldFirst reserves the right to, in its sole discretion, determine and/or decide all matters relating to or arising in connection with the Promotion and/or these Terms and Conditions without prior notice. Any such determination and/or decision will be final and binding.

5.2 To the extent permitted by applicable law, WorldFirst reserves the right to amend the terms of the Promotion, and/or to suspend or cancel the Promotion at any time, without liability to any party. WorldFirst also reserves the right to extend the Promotion Period in its discretion and these Terms and Conditions shall apply to any such extended Promotion Period. Any amendments to the Promotion will be published on the Promotion webpage and/or notified to users in an appropriate manner. Following any change or amendment to these Terms and Conditions, your continued participation in the Promotion constitutes your acceptance of the amended Terms and Conditions and the Promotion in force at that time.

5.3 The foreign exchange (“FX“) rate that WorldFirst provides for transactions must comply with applicable laws and regulations. Therefore, WorldFirst cannot guarantee that any FX rate finally provided will reflect the discount range described in the Promotion.

5.4 All FX transactions are subject to standard compliance requirements and due diligence.

5.5 Each participant warrants that:

5.5.1 it is legally able to participate in the Promotion according to the laws and regulations applicable to it;

5.5.2 to the best of its knowledge, all information disclosed by it to WorldFirst is complete, true and accurate;

5.5.3 it consents to participate in the Promotion in the capacity of participant and consents to the use and sharing of its personal data by WorldFirst in accordance with WorldFirst’s Privacy Policy and applicable laws for the purpose of this Promotion; and

5.5.4 it will not use the Promotion in any way that WorldFirst (in its sole and absolute discretion) considers to be unreasonable, unethical, excessive, or in bad faith; or in any way that breaches any applicable local, national, or international law or regulation, or that is in any way unlawful, fraudulent, or wrongful, or has any unlawful, fraudulent, or wrongful purpose or effect.

5.6 Persons participating in the Promotion shall bear all expenses arising from and/or in connection with participating in the Promotion.

5.7 Any clauses in these terms and conditions determined by any court or other competent authority to be unlawful and/or unenforceable will be treated as severed from these terms and conditions and will not invalidate other clauses of these terms and conditions which will continue in full effect.

5.8 These terms and conditions are made for the benefit of participants of the Promotion, and are not intended to benefit any third party or be enforceable by any third party.

5.9 WorldFirst reserves the right, at its sole discretion, to refuse a claim in connection with the Cashback Reward if it has reasonable grounds to believe that any of the relevant participants has:

5.9.1 breached these Terms and Conditions;

5.9.2 misused WorldFirst’s intellectual property rights including trademarks and/or materials;

5.9.3 made any misrepresentations (negligently or fraudulently);

5.9.4 abused the Promotion; and/or

5.9.5 engaged in any illegal or criminal activity including fraud in connection with the Promotion or any application for WorldFirst services.

5.10 The World Account Terms shall apply to a user and are to be read together with these Terms and Conditions. Please refer to the World Account Terms for further information. In the event of any conflict or inconsistency between these Terms and Conditions and any of the World Account Terms, these Terms and Conditions shall prevail only to the extent of matters relating to the Promotion. In the event of any conflict or inconsistency between these Terms and Conditions and any terms set out in any marketing materials prepared for the Promotion, these Terms and Conditions shall prevail. While all information provided herein is believed to be correct and reliable at the time of printing or publishing or posting online, WorldFirst makes no representation or warranty whether expressed or implied, and accepts no responsibility or reliability for its completeness or accuracy.

5.11 To the fullest extent permitted by applicable law, under no circumstances will WorldFirst or any of its affiliates be liable under any theory of tort, contract, strict liability or other legal or equitable theory for lost profits, indirect, incidental, special, consequential, exemplary, or punitive damages, each of which is excluded by agreement of WorldFirst and you regardless of whether such damages were foreseeable or whether WorldFirst or any person has been advised of the possibility of such damages. Notwithstanding anything in these Terms and Conditions to the contrary, WorldFirst’s cumulative liability, including for claims, expenses, damages or indemnity obligations under or in connection with its obligations under these terms and conditions, will not exceed USD$500,000. In no event shall WorldFirst, its affiliates, agents, representatives, directors, officers, or employees be liable for any act or omission resulting from circumstance beyond their reasonable control. To the fullest extent permitted by applicable law, you hereby waive any and all rights to bring any claim or action related to this Promotion beyond one (1) year from the first occurrence of the act, event, condition or omission on which such claim or action is based.

5.12 In respect of those participants that are registered in a country or region supported by the World Account service offered by World First UK Limited, the governing law of these Terms and Conditions shall be the substantive law of England and Wales and any dispute arising out of or in connection with these Terms and Conditions, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the LCIA Rules, which Rules are deemed to be incorporated by reference into this clause. The number of arbitrators shall be one. The seat, or legal place, of arbitration shall be London and/or England. The language to be used in the arbitral proceedings shall be English.

5.13 In respect of those participants that are registered in a country or region supported by the World Account service offered by World First Netherlands B.V., these Terms and Conditions shall be governed by and construed in accordance with the laws of the Netherlands and all disputes arising out of or in connection with these Terms and Conditions, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration administered by the ICC in accordance with the Rules of Arbitration of the International Chamber of Commerce for the time being in force, which rules are deemed to be incorporated by reference in this clause. The seat of the arbitration shall be Paris. The Tribunal shall consist of one arbitrator. The language of the arbitration shall be English.

5.14 To contact World First UK Limited, please call +44 207 801 1065 (lines are open 8.30 am until 6 pm on Mondays to Thursdays, and 8.30 am until 5 pm on Fridays, UK time).

5.15 To contact World First Netherlands B.V., please call 020 299 4960 (lines are open 8:30 am to 5:30 pm on working days (CET).