Terms and Conditions of Zazuu

These terms and using your Zazuu account

Overview

These legal terms are between you and Zazuu HQ Limited (Zazuu/us/we) and you agree to them by using the Platform. Your Zazuu account is a personal Zazuu Wallet and you mustn’t use it for business purposes. You must be a UK resident to have a Zazuu Wallet.

The terms “you” and “your” refer to you, the person who has registered to use some or all of the services described in the Agreement.

By accessing, registering with and using any of these services, you agree to be bound by the terms of the Agreement.

These terms and conditions govern the terms under which you can use our:

Seamless Transfer services;
Zazuu Wallet (including redeeming electronic money and paying the proceeds of redemption to yourself or another person)

It is important that you understand that we are not a money transfer operator. We help you facilitate and streamline money transfer services with vetted and regulated financial institutions, within our platform.

The language of the Agreement is English, and all services, instructions and transactions carried out in connection with it will be in English.

You can obtain a copy of the Agreement at any time by asking us to send you a copy via email.

This Agreement will be treated as coming into effect on the date you register with us and will continue for an indefinite period, until terminated by you or us.

Zazuu HQ LTD is registered with the Financial Conduct Authority as an EMD Agent (ref: 903049) of Electronic Money Institutions authorised by the Financial Conduct Authority. Zazuu HQ LTD is acting as an agent of PayrNet Limited; who are authorised by the FCA as an Authorised Electronic Money Institution (ref: 900594)

You should read this along with our Privacy Notice.

How to contact us

You can contact us through the Zazuu app.

Email us at support@zazuu.co.

How we’ll contact you

Using the Zazuu app, email, phone or mail to your home address, we’ll:

contact you in English 🇬🇧
send you any agreements and other notices.

We also send you instant notifications when you credit your Zazuu Wallet, send or receive money. If any of your contact details change, including moving abroad, you must let us know as soon as possible.

Definitions

In these Terms and Conditions:

“Business Day” means any day on which we are open for business for the execution of Payment Instructions and/or Payment Requests.

“Destination Country” means the country in which:

(where you are the recipient) you receive either money or E-money from a Sender; or
(where you are the person making payment) another Beneficiary receives money, E-money as a result of you making a payment using either our Seamless Transfer service or E-money in your Zazuu Wallet.

“Zazuu Wallet” means a function in the app which stores E-money in a non-interest bearing account maintained by us for you, and which provides such features as we may make available from time to time. These features may include (without limitation) the ability to:

load E-money into your Zazuu Wallet;
see the balance of E-money held in that Zazuu Wallet;
denominate E-money in the different currencies we make available in the Zazuu Wallet from time to time;
give instructions for E-money to be transferred to another person’s Zazuu Wallet;
redeem E-money and transfer the proceeds either to yourself or to another Beneficiary

“E-money” means electronically stored monetary value.

“Instruction” means a Seamless Transfer Instruction, Payment Request or Payment Instruction, as the case may.

“Local Taxes” means any taxes or charges payable in the Destination Country.

“Beneficiary” means either:

you, where you receive money or E-money from someone else, or where you send the proceeds of E-money or
someone else that you send money or E-money to using your Zazuu Wallet.

“Seamless Transfer” means an electronic money transfer instruction from you, within our platform, using our Money Transfer agents or Payout partners, either within the same country or to another country.

“Seamless Transfer Instruction” means a specific instruction from you (or a Third Party Provider on your behalf) to a Service Provider, asking them to send money to your Beneficiary, and to withdraw payment from your Zazuu Wallet.

“Payment Instrument” includes a payment device such as a debit card, credit card, or Zazuu Wallet.

“Payment Request” means a specific instruction from you (or a Third Party Provider on your behalf) to a Sender, asking them to send you money, or to send E-money to your Zazuu Wallet.

“Payout Amount” means the amount paid, after any Service Provider fees (foreign exchange conversion and transfer fee), to you or to a Beneficiary, exclusive of the Service Fee and/or any other fees, charges or costs we reasonably incur.

“Payment Instruction” means a specific instruction from you (or a Third Party Provider on your behalf), using the Platform, to send:

the proceeds of E-money to yourself; or
money, E-money, the proceeds of E-money to another Beneficiary.

“Platform” means any app, website, interface or other digital portals we provide from time to time to enable you to use our Services under the Agreement.

“Prohibited” means activities which involve narcotics, steroids, pharmaceuticals, chemicals, drug paraphernalia, tobacco, seeds, plants, animals, military or semi-military goods or services, weapons (including dual-use goods), adult services or content, bitcoin or other cryptocurrency, binary options or gambling services or any other activities that are prohibited by our policies as amended from time to time.

“Sender” means either:

someone who sends us money to hold to your order; or
someone who sends E-money to your Zazuu Wallet.

“Services” means any or all of the following services:

Seamless Transfer;
Zazuu Wallet;

“Service Fee” means our fee described as such on our Platform from time to time. Other taxes (for example, Local Taxes) and costs may exist that are not paid through us or imposed by us.

“Service Provider” means a local bank, financial institutions, money transfers operators, or other third-party service providers (e.g. mobile network operator) in the Sending Country who we work with to provide services to you.

“Third Party Provider” means any online provider that you authorise to access your Zazuu Wallet, or to give us Instructions on your behalf. Depending on the authorisations you give them, Third Party Providers will have access to your Transaction History and will be able to send us Payment Instructions and Seamless Transfer Instructions, as if they were you. Many Third-Party Providers will be authorised by the UK Financial Conduct Authority, or by the equivalent regulatory body in another country in the European Economic Area (which includes the member states of the European Union plus Iceland, Liechtenstein and Norway). If you are thinking of using a Third Party Provider, then you should ask for details of its authorisation and check these yourself. You should also make sure you are comfortable giving the Third Party Provider the right to give Instructions on your behalf and/or to access your Zazuu Wallet.

“Transaction” means the transfer of money and E-money using our Services, as the case may be.

“Transaction Amount” means:

the amount of money or E-money that a Sender wishes to send to you;
the amount of the proceeds of E-money that you wish to send to yourself; or
the amount of money, proceeds of E-money that you wish to send to another Beneficiary.

In each case, the Transaction Amount excludes any applicable Service Fee and is the amount displayed by us in the Platform prior to any foreign exchange conversion.

“Transaction History” means the record of your Transactions which are accessible through our Platform.

“Website” means our public website.

PROVISION AND USE OF SERVICES

3.1 Subject to the terms of the Agreement, we agree to provide the Services to you using reasonable care.

3.2 You may not be able to use the Services, or some aspects of the Services, if you are located in certain regions, countries, or jurisdictions. This restriction may also apply where you are temporarily accessing our services from those regions, countries or jurisdictions (for example if you are travelling).

3.3 You must not access, use or attempt to use the Platform to provide any Instructions unless you are at least 16 years old. Depending on the country in which you live, local laws may set a different age or impose additional rules on your ability to enter into an agreement with us and to use the Platform. If this is the case, it is your obligation to comply with the local laws which affect you.

3.4 You must not use any device, software or routine to interfere or attempt to interfere with the proper working of the Platform or any Instruction being conducted through the Platform.

3.5 When registering for and using the Platform, you must:

provide us with true, accurate, current and complete evidence of your identity, and promptly update your personal information if and when it changes;
provide us with any identity documentation as may be requested by us;
provide us with details of one or more accounts and/or Payment Instruments; and
provide us with true, accurate, current and complete information as we indicate on our Website is required to use the Platform and any other information which may be required in relation to you, any Sender or any Beneficiary.

3.6 You must take reasonable steps to keep the details you use to access the Platform safe and to prevent their fraudulent use. These steps include:

disguising those details if you write them down and keeping them out of sight of third parties who should not have access to the Platform or (if applicable) your Zazuu Wallet.
not sharing those details with anyone else, unless they are a Third Party Provider that you have authorised to give Transfer Instructions or Payment Instructions on your behalf and/or to access your Zazuu Wallet, and they need those details in order to provide these services to you; and
following any reasonable instructions which we give you or publish in our Platform or on our Website from time to time and which are intended to help you keep your use of our Services safe.

3.7 You must only use the Platform to send money, E-money to people that you know personally, and not to pay for goods or services from third parties you do not know and trust. If you choose to pay third parties for goods and services using our Services, please note that we have no control over, and is not responsible for, the quality, safety, legality, or delivery of such goods or services, and that any such use of the Platform and our Services is entirely at your own risk.

3.8 You must only act on your own behalf. You may not submit an Instruction or receive a Transaction on behalf of a third person.

3.9 You must not use the Platform to send Transaction Amounts in connection with illegal activity including but not limited to money-laundering, fraud and the funding of terrorist organisations. If we reasonably believe you are using the Platform or our Services in connection with illegal activity or for any fraudulent purpose, or are permitting a third party to do so, we may report you to the appropriate legal authorities.

3.10 When using the Platform, Zazuu Wallet or our Website or when interacting with us, with another user or with a third party, you must do the following:

comply with the terms of your Agreement with us as well as any applicable laws, rules or regulations;
provide confirmation of any information you provide to us, including proof of identity;
co-operate in any investigation that we reasonably carry out, or that is carried out by any law enforcement agency, government agency or regulatory authority;
not create more than one registration without our prior written permission;
not provide false, inaccurate, or misleading information;
not use an anonymising proxy (a tool that attempts to make activity untraceable); and
not copy or monitor our Platform or Website using any robot, spider, or other automatic device or manual process, without our prior written permission.

3.11 If you have any problems using the Platform, Zazuu Wallet or our Website, you should contact us without delay through the channels listed in the How to contact us section in this Terms and Conditions

3.12 If you suspect or become aware that the details that you use to access the Platform or your Zazuu Wallet, or that money in the Zazuu Wallet, has been lost, stolen, compromised, used without your authorisation, or used fraudulently, you must contact us immediately through the channels listed in the How to contact us section in this Terms and Conditions.

3.13 Provided it would not be unlawful for us to do so, and it would not compromise reasonable security measures, we will contact you by phone or email if there is an actual or suspected fraud affecting your use of the Platform, any money we hold to your account (including in your Zazuu Wallet), or a security threat affecting the Platform, your money or your Zazuu Wallet.

3.14 Nothing in the Agreement or in any other information provided by Zazuu as part of the services covered by the Agreement is intended to be, nor should it be construed to be, legal or other advice. You must consult your own professional advisers as to the effects of laws which may apply to the Agreement and the services under it.

PAYMENT REQUESTS

4.1 You must not submit Payment Requests to people you do not know personally.

4.2 When you submit a Payment Request, you are requesting that we process the Payment Request on your behalf and you are consenting to us contacting the Sender for these purposes. Your Payment Request will be treated as being received by us once you submit it to us using the Platform. When we send a Payment Request by SMS text message to a Sender on your behalf, we may use the mobile telephone number associated with your account for this purpose (i.e. the Payment Request we send will show as being sent from your mobile telephone number).

Cancellation of Payment Requests

4.3 Once we have received your Payment Request, you cannot cancel it. In such circumstances, you must contact the Sender separately, and explain that you want the Payment Request to be treated as cancelled.

4.4 If a Sender asks us to cancel a payment to you after they have initiated the payment, you must co-operate with us in order to return the payment to the Sender. This may include you refunding the amount to us or to a third party of our choice (including but not limited to the Sender or their payment service provider). Where a Sender makes a request for a refund which we are obliged to process, we can remove funds from any money we hold to your account (including in your Zazuu Wallet) which are equal to the amount of the refund.

4.5 If a payment service provider tells us that they have made a payment to us for your account (or into your Zazuu Wallet) by mistake, we are obliged to co-operate with them and help them recover the mistaken payment. We must provide them with all relevant information they need to collect the payment. If the Sender’s payment service provider is unable to recover the funds from us and the Sender asks them to do so, the Sender’s payment service provider will provide all relevant information they have to the Sender so that the Sender can claim repayment. This information will include your name and contact address.

4.6 If we ask you to do so, you must without delay refund to us or a third party of our choice any payment you receive using our Services, where we reasonably believe that the payment:

resulted from unauthorised use of the Platform by you or someone else, or use of the Platform by you in contravention of your Agreement with us; or
is connected with illegal, fraudulent or Prohibited activities carried on by you or someone else.

MAKING PAYMENTS OR SEAMLESS TRANSFERS

5.1 When you give us a Seamless Transfer or Payment Instruction, you are requesting that we process the Transaction on your behalf and you are consenting to the execution of the Transaction. Your Instruction will be treated as received by us once you submit it to us using the Platform.

5.2 It is your responsibility to make sure all the details are accurate before you give us a Seamless Transfer or Payment Instruction. Once we have received an Instruction, it is not normally possible to change any details of that Seamless Transfer or Payment Instruction. You will be given the opportunity to confirm a Seamless Transfer or Payment Instruction before submission and you must check the details carefully.

5.3 The total amount (the Transaction Amount, Service Providers Fee, Service Fee and other applicable fees and charges) that you must pay and the relevant exchange rate determined by our providers will be displayed clearly in the Platform before you are asked to confirm your Transaction.

5.4 There may be times when we have to convert a payment into or out of your Zazuu Wallet from one currency into another. This could happen when:

you pay or receive a Transaction Amount in one currency and the Payout Amount is in another currency;
there is a payment to your Zazuu Wallet in one currency and your Zazuu Wallet is denominated in another currency;
you change the denomination of the E-money held in your Zazuu Wallet from one currency into another currency; or
you transfer E-money from your Zazuu Wallet in one currency and the Beneficiary’s Zazuu Wallet is denominated in another currency.

In each case, there will be a difference between the exchange rate at which we buy foreign currency and the exchange rate provided to you. Zazuu and its Service Providers usually make a small profit in these circumstances. In the case of a Transaction, we will pay you the Payout Amount we confirm to you in local currency. Likewise, in the case of a payment to your Zazuu Wallet, we will issue E-money for the amount we confirm to you, in the currency in which your Zazuu Wallet is denominated. The margin taken on foreign currency exchange covers our risk that exchange rates may change between the time we confirm the Payout Amount (or the amount we will issue in E-money) and the time we make the payment (or issue the E-money).

5.5 If a Beneficiary’s account is denominated in a currency other than the currency you instructed us to make payment in there may be delays, additional charges or different exchange rates.

5.6 We will have no responsibility for any fees or charges you may incur by the use of a particular account or Payment Instrument to fund a Transaction. These may include but are not limited to unauthorised overdraft fees imposed by banks if there are insufficient funds in your bank account, or “cash advance” fees and additional interest which may be imposed by credit card providers if they treat use of our Services as a cash transaction rather than a purchase transaction.

5.7 In order for us to process a Payment Instruction correctly, you must give us the following information:

Type of payment	Information we need
Zazuu Wallet to Zazuu Wallet Transfer	Beneficiary full name Mobile number of the Beneficiary Country of residence of the Beneficiary
Cash Pick Up	Beneficiary Full Name
Mobile Money	Mobile Money Account Number
Airtime Top Up	Mobile Number of Beneficiary
Bill Pay	Biller Name Biller Account Number

For payments in some countries, different information may be needed. We will let you know if this is the case.

5.8 In addition to the information set out in the table above, you must give us the following information:

any other information that must be provided for a Seamless Transfer or Payment Instruction to be properly executed, as specified when you enter the details of the Transaction you wish to carry out;
any other information we need to obtain in order to comply with our obligations under relevant laws, rules and regulations; and/or
if you intend to submit an Instruction or receive a Transaction on behalf of a third person, you must first inform us of your desire to do so. You must also provide us with any additional information about that person we request in order that to help us decide whether to accept your instruction or receive a Transaction.

Timing of payments of money

5.9 Subject to the terms of the Agreement, where you make a Seamless Transfer (or redeem E-money from your Zazuu Wallet and instruct us to make a payment of the proceeds), the Beneficiary will receive the payment as depending on the transfer time advertised by the Service Provider. In each case, the period of time is calculated from the time we actually receive your Instruction. You should bear in mind that payment may be refused or delayed for the reasons set out in clause 7.1, or we may be unable to process the payment as quickly due to circumstances outside our control (as explained in clause 13.10).

Timing of E-money Payments

5.10 Where you give us an Instruction to pay E-money from one Zazuu Wallet to another Zazuu Wallet, we will (subject to the terms set out in the Agreement) make the payment no later than the next Business Day after the day on which we receive the Instruction.

5.11 We may send and receive notifications in relation to Transactions by email and SMS. We will provide you with information after receipt of a Payment Instruction enabling you to identify the Transaction, along with details of the amount of the Transaction in the currency used in the Seamless Transfer or Payment Instruction, our Service Fee, exchange rate and the date on which the Payment Instruction was received. We will provide this information to you no later than 30 days after the date of the relevant Transaction.

5.12 We will attempt to provide you with up to date information regarding the location and opening hours of our Service Providers by means of information in our Platform or on our Website. However, we will not be responsible for any inaccuracies that may appear in that information or any loss which may result from incorrect or incomplete information.

5.13 We use a tool provided by Plaid Financial Ltd (www.plaid.com) (“Plaid”) to initiate payments from your payment account. When you instruct a payment via our app using Plaid, Plaid’s terms of service (“Terms of Service”) will apply to the payment initiation. The Terms of Service set out the terms on which you agree to Plaid initiating payment from your payment account. Plaid is subject to UK and EU data protection laws and is required to treat your data in accordance with those laws, as well as the Terms of Service and Plaid’s Privacy Policy. Plaid is authorised by the UK Financial Conduct Authority under the Payment Services Regulations 2017 to provide account information services and payment initiation services (Firm Reference Number: 804718 ).

CANCELLATION OF INSTRUCTIONS

6.1 Once we have received your Instruction, you cannot cancel it.

6.2 Notwithstanding clause 6.1, we may, in our absolute discretion, attempt to reverse your Instruction if you have informed us that you wish us to do so. In some cases, we may have initiated an irreversible request for funds to be paid out to your Beneficiary by a Service Provider. If this is the case, we cannot guarantee that the reversal will be successful.

6.3 We can apply a charge for attempting to reverse your Instruction.

OUR RIGHT TO REFUSE OR DELAY PROCESSING AN INSTRUCTION

7.1 We may refuse any attempted payment to you or into your Zazuu Wallet, refuse to process any Instruction, or delay processing any such payment or Instruction, at any time for any of the reasons set out below:

we are not satisfied that we have your consent;
we reasonably believe that you, a Sender or Beneficiary are using (or are allowing someone else to use) our Platform, our Website or our Services, in breach of your (or their) Agreement with us or any applicable laws, rules or regulations, or in furtherance of illegal, fraudulent or Prohibited activities;
we have reason to believe that processing any such payment or Instruction would violate anti-money laundering or counter-terrorism financing laws, rules and regulations;
in the case of a payment to us for your account, or to your Zazuu Wallet, we have reason to believe the security of the account or Payment Instrument used to make the payment has been compromised or we suspect the unauthorised or fraudulent use of that account or Payment Instrument;
we reasonably believe that you are using our Services to purchase goods or services from third parties you do not know or trust;
we are unable to verify your identity, or the identity of the Sender or the Beneficiary (as the case may be). For example, if you have not accessed the Platform, or have not given us instructions in relation to funds held by us to your order or held in your Zazuu Wallet, for a period of two years then for security reasons we may ask you for additional verification of your identity before we will process your instruction;
you do not provide us with any information we have reasonably requested from you, as explained in clauses 5.7 and 5.8;
we reasonably believe there may be fraudulent activity or other financial crime affecting you, any Sender or Beneficiary, any money we hold to your account, your Zazuu Wallet, or any payment;
we are obliged to do so by any law, regulation, court order or instruction from an ombudsman, regulator or government body;
there is a dispute (which we reasonably believe is genuine) about who owns, or is entitled to, any money or any E-money held by us to your account, or in your Zazuu Wallet. This includes (but is not limited to) the situation where a Sender makes a request for a refund of funds the Sender has sent to us for your account or to your Zazuu Wallet, or we are made aware that the Sender has made a claim against you for return of those funds;
you have broken the terms and conditions of your Agreement with us in a way that we reasonably believe justifies us in refusing or delaying processing any payment or Instruction, and you have not put this right;
we reasonably believe that processing the payment or Instruction would breach the terms and conditions of your Agreement with us;
in the case of a Seamless Transfer or a payment into or out of the Zazuu Wallet, the amount of the payment exceeds any transaction limit we may apply to such payments under clause 17.3 from time to time;
in the case of a Seamless Transfer or a payment out of the Zazuu Wallet, there are insufficient funds to make the payment and/or to cover our Service Fee and any other fees, costs or charges we may incur in making the payment;
in the case of a Seamless Transfer or a payment out of the Zazuu Wallet, the Beneficiary has not yet set up their account to receive payment, or has not registered with us to use our services, or the terms of the Beneficiary’s account prevent completion of the Transaction, or the Beneficiary’s account is unable to receive payment in the form in which we make payment;
you are subject to an order relating to your bankruptcy, or you have entered into a voluntary agreement with your creditors; or
we have blocked your (or a Third Party Provider’s) use of the Platform and/or your Zazuu Wallet under clause 15.

7.2 We can charge a fee for refusing any payment or Instruction. Where such a fee applies, it will be set out in the Platform or on our Website.

FEES AND CHARGES

8.1 We do not set the Service Providers’ Fee and Foreign Exchange rate that is displayed on the Platform.

8.2 For each Instruction you give us, you must pay us the applicable Service Fee (this will be explained in the Platform). Payment becomes due at the time that you submit your Instruction.

8.3 If you submit an Instruction that results in us becoming liable for charges (including but not limited to chargeback or other fees which we are obliged to pay), you must reimburse us for all such fees.

8.4 A surcharge may apply for processing credit cards in certain jurisdictions. The amount of the surcharge will be notified to you at the time of the card payment.

USE OF THE ZAZUU ACCOUNT

9.1 A Zazuu Wallet is set up by either

registering for Zazuu within the Platform or
logging into the Platform after registering on the Website and then taking the additional step of verifying your phone number (or other additional steps as we may later deem necessary).

9.2 Where this service is available in your country, you can load E-money on to your Zazuu Wallet using the Platform, or by using such other methods as we may make available from time to time.

9.3 Where a Sender has sent E-money to your Zazuu Wallet, or money to be coverted into E-money and credited to your Zazuu Wallet, the E-money will be credited as follows:

if you have a Zazuu Wallet, the E-money will be credited to your Zazuu Wallet once the Transaction has been processed. We will send you instant notifications on your phone, informing you that E-money has been credited to the your Zazuu Wallet; or
if you do not have a Zazuu Wallet, the money or E-money will be held either by us or to your order and an SMS will be sent to your mobile, informing you to set up a Zazuu Wallet. If you do not do so within 14 days of our SMS, the money or E-money will be returned to the Sender (after we deduct our Service Fee for returning it).

9.4 You are able to denominate E-money held in your Zazuu Wallet in the different currencies we make available in the Zazuu Wallet from time to time.

9.5 E-money held in the Zazuu Wallet will not earn any interest.

9.6 You can use E-money stored in the Zazuu Wallet by giving us Instructions, or by using such other methods as we may make available from time to time.

9.7 We may from time to time specify in our Platform or on our Website:

the minimum amount of E-money that can be paid to a Zazuu Wallet at any one time;
the maximum amount of E-money that can be paid to a Zazuu Wallet at any one time; and/or
the maximum amount of E-money that can be held in a Zazuu Wallet at any time.

9.8 E-money that we describe as being “held” in a Zazuu Wallet is an electronic alternative to cash. You can use it to send money to someone you know, exchange money within your Zazuu Wallet from one currency to another (this will depend on the country you are based in and what different currencies are available for exchange) or withdraw this money, for example by transferring it to your bank account. Placing e-money in your Zazuu Wallet, is not the same as depositing money into your bank account. This is because Zazuu is not a bank. This means that you will not earn any interest on any e-money you have stored, nor is it protected under the Financial Services Compensation Scheme — which is a deposit protection scheme that is applicable to banks in the United Kingdom. Instead, we protect your money by what is known as safeguarding. This is where we keep customer funds in a bank account that is completely separate to any business funds we use to keep Zazuu operating. You can find out more about safeguarding by contacting our support team

9.9 You cannot transfer the Zazuu Wallet, or any of your rights in a Zazuu Wallet, to any other person. You cannot grant any charge or other security over E-money held in a Zazuu Wallet.

Your right to redeem E-money from your Zazuu Wallet

9.10 You have the right at any time while your Agreement with us is in effect to redeem all or part of the E-money in your Zazuu Wallet. You also have the right to redeem E-money for a period of six years after termination (or cancellation) of the Agreement. However, if you redeem E-money upon or after termination (or cancellation) of the Agreement, you must redeem all the E-money you hold.

9.11 You can redeem E-money while this Agreement is in place by giving us a Transfer or Payment Instruction. If you redeem E-money after termination or cancellation of this Agreement, we will, unless you instruct us to make payment in another way that we reasonably agree, pay this as follows:

to a bank account we hold on record for you; or
by crediting it to a Mobile Money account we hold on record for you.

9.12 Any E-money that is redeemed will be paid in the currency in which it was denominated in your Zazuu Wallet or in the currency of the account to which you ask us to make payment (for example, a bank account or Mobile Money account), unless you ask us to convert this and pay this in another currency. If this happens while this Agreement is in place, the terms in the Agreement relating to Transactions in another currency will apply. If this happens after termination of this Agreement and currency conversion applies, we will convert the payment using an exchange rate selected by us at the time we make the payment.

9.13 A fee may be payable on redemption (for example, our Service Fee). The amount of the fee, and the circumstances in which the fee is payable, will be set out in our Platform or on our Website. If you redeem E-money on termination or cancellation of this Agreement, or within one year of termination or cancellation, we will inform you of the pay-out method and process for you to redeem your money easily and free of charge. We will act reasonably in telling you what the pay-out method and currency will be, taking account of the jurisdiction in which the pay-out is to be processed. A redemption fee will only apply if you instruct us to pay-out in a different way, and will be proportionate with the costs incurred by us for such redemption. A redemption fee may apply if you redeem E-money at any other time.

9.14 If you do not redeem E-money from your Zazuu Wallet within six years of termination of your Agreement with us, the E-money will cease to be your property and will be forfeited to us.

9.15 Local laws may mean that we will apply a longer period than six years following termination for the purposes of clauses 9.10 and 9.14.

MIND THE LONG READ

COLLECTION OF INFORMATION

Customer Identification Program

11.1 Financial institutions are required to assist in the fight against money laundering activities and the funding of terrorism by obtaining, verifying, and recording identifying information about all customers. We may therefore ask you to supply us with personal identifying information relating to you, and Sender and any Beneficiary and we may also legally consult other sources to obtain information about you, any Sender and any Beneficiary.

Verification and Checks

11.2 We will verify your residential address and personal details in order to confirm your identity. We may also pass your personal information to a credit reference agency, which may keep a record of that information. Be assured that this is done only to confirm your identity, and that we do not perform credit checks and therefore your credit rating will be unaffected. We may also need to verify the identity of a Sender or Beneficiary in the same way. All information provided by you will be treated securely and strictly in accordance with all applicable law. We may do this directly, for example by asking you for additional information, or asking you to take steps to confirm ownership of your accounts, Payment Instruments or email address; or indirectly, for example by verifying your information against third party databases or through other sources.

Provision of payment services

11.3 You explicitly consent to us accessing, processing and retaining your personal information for the purposes of providing the payment services described in the Agreement. We need your explicit consent as a result of certain rules which apply to us (the United Kingdom’s Payment Services Regulations 2017). This consent does not relate to how we process your personal information for other purposes, which are explained in our Privacy Policy.

Government Disclosures

11.4 We may be obliged by law to provide information about you, your use of the Platform, Zazuu Wallet and our Website, and your Instructions to government or other competent authorities as described in our Privacy Policy.

11.5 We may, as necessary in providing services to you under the Agreement, store all information required of a Sender or Beneficiary to prove his or her identity or associated with their specific Instruction. Such proofs may include a suitable form of valid, unexpired identification from a list of acceptable papers provided by the Service Provider, and/or a transaction tracking number, a personal identification number (PIN), a “password”, a “secret word”, or other similar identifiers.

1 INTELLECTUAL PROPERTY

12.1 The Platform, our Services and our Website, and the content, and all intellectual property relating to them and contained in them (including but not limited to copyrights, patents, database rights, trademarks and service marks) are owned by us, our affiliates, or third parties. All right, title and interest in and to the Platform, our Servicecs and our Website will remain our property and/or the property of such other third parties.

12.2 The Platform, our Services and our Website may be used only for the purposes permitted by these Terms and Conditions or described on our Website. You are authorised solely to view and to retain a copy of the pages of the Platform and Website for your own personal use. You may not duplicate, publish, modify, create derivative works from, participate in the transfer or sale of, post on the internet, or in any way distribute or exploit the Platform, our Services or our Website or any portion of it for any public or commercial use without our express written permission. You may not:

use any robot, spider, scraper or other automated device to access the Platform, our Services or Website; and/or
remove or alter any copyright, trademark or other proprietary notice or legend displayed in the Platform or Website (or printed pages of the Platform or Website).

12.3 The name “Zazuu” and other names and indicia of ownership of Zazuu’s products and/or services referred to in the Platform, our Services or Website are our exclusive marks or the exclusive marks of other third parties. Other products, services and company names appearing on the Website may be trademarks of their respective owners, and therefore you should not use, copy or reproduce them in any way.

LIABILITY

Informing us about an unauthorised or incorrect payment

13.1 If you believe that a payment made using one of our Services was made without your authorisation, or was not executed correctly, you must contact us through the channels listed at the end of these Terms and Conditions without undue delay any in any event within 1 month of the date on which the payment occurred. A request for a refund must be submitted in writing (including by email) to one of the contact points listed at the bottom of these Terms and Conditions, giving your full name, address, and phone number, together with the Transaction tracking number, Transaction Amount, and the reason for your refund request. You should give us any other relevant documentation that you have available that will help us process your claim.

Where there is an unauthorised payment

13.2 We will refund you where money belonging to you (either money you have given us in order to carry out a Transaction, or money held in your Zazuu Wallet) has been paid to someone else without your authorisation. However, there are circumstances in which we will not be obliged to refund you, or where the amount we have to refund is less than the full amount of the payment. The following rules will apply in deciding whether you are entitled to a refund (and if so, for how much):

if you have acted fraudulently, you will have no right to a refund in any circumstances;
you will not be entitled to a refund if you make a claim more than 6 months after the date of the Transaction, regardless of how the unauthorised payment occurred;
if you have intentionally or with gross negligence compromised the security of your Zazuu Wallet or account, or failed to keep the details you use to access the Platform or our Services secure, you will be liable for all losses arising up to the time you notify us of the loss, theft or misuse of your details. “Gross negligence” means that something you have done or not done is very obviously wrong or careless. There may be special circumstances where you will not be liable (or not fully liable), even if you have acted intentionally or with gross negligence. If this is the case, we will tell you;
unless one of the rules above applies, if the unauthorised payment was caused by the loss, theft or misuse of the details used by you to access the Platform or our Services, you will be liable for up to £35 of any loss (unless you notified us of the loss, theft or misuse of your details before the loss occurred).

13.3 There may be other special circumstances in which you will be entitled to a refund, either in full or in part. If this is the case, we will explain this to you when we process your refund.

13.4 If you are entitled to a refund, we will credit the amount of the refund (together with any fees we have charged) back to you in the same currency in which the payment was made. If the payment was made from your Zazuu Wallet, we will credit the amount back to your Zazuu Wallet. We will not have any other liability to you.

13.5 If we give you a refund and then discover that you were not entitled to the refund, we can take the amount refunded from any money we hold on account for you (including, but not limited to, from your Zazuu Wallet). If there are insufficient funds in your Zazuu Wallet or other account(s) with us to repay us, you must repay the amount outstanding to us immediately on demand from us.

13.6 If we suspect you have acted fraudulently, we can decide not to refund you or we can investigate the circumstances further. You must cooperate with us and law enforcement agencies, if we need to involve them. If we carry out an investigation and decide that you are not entitled to a refund because you acted fraudulently, we can charge you for our reasonable costs in carrying out the investigation and deduct these from any money we hold on account for you (including, but not limited to, from your Zazuu Wallet). If there are insufficient funds in your Zazuu Wallet or other account(s) with us to repay us, you must repay the amount outstanding to us immediately on demand from us.

13.7 Clause 13.10 sets out other circumstances in which we will not be responsible for any losses you suffer as a result of an unauthorised payment.

Where a payment has not been made, or has been made incorrectly or late

13.8 We will refund you where you gave us a Payment Instruction and we did not do this, or we sent it to the wrong account, or we did not send this within the timescale set out in clause 5.9 or clause 5.10 (as the case may be). However, we will not be obliged to refund you in any of the following circumstances:

if we processed the payment on time and in accordance with your Seamless Trasnfer or Payment Instruction. If you gave us incorrect payment details, or you want to recover the funds for some other reason, we will make reasonable efforts to recover the funds. We may charge a reasonable fee, reflective of our efforts, for doing this. If we are unable to recover the funds, and if you give us a written request for details, we will ask the payee’s account provider to give us details of the payee and we will pass these details to you;
if you make a claim more than 6 months after the date of the Transaction;
if the payment was made to an account outside of the European Economic Area;
if we can show that the Beneficiary’s account provider received the correct payment on time;
if we had reasonable grounds to delay processing your Instruction, under clause 7.1;
if it was not possible for us to process your Instruction, due to circumstances beyond our reasonable control as explained in clause 13.10.

13.9 If you are entitled to a refund, we will credit the amount of the refund (together with any fees we have charged) back to you in the same currency in which the payment was (or was supposed to have been) made. If the payment was made (or was supposed to have been made) from your Zazuu Wallet, we will credit the amount back to your Zazuu Wallet. We will not have any other liability to you.

Other circumstances in which we will not be liable

13.10 Except where (and to the extent that) the laws and regulations applicable to us say otherwise, we will not be liable to you for:

any failure to carry out an Instruction or make the Platform available to you, or any losses or delays in the transmission of messages, when we carry out maintenance or updates or as a result of circumstances which could reasonably be considered to be due to abnormal and unforeseen circumstances or outside our control or due to our obligations under any applicable laws, rules or regulations;
malfunctions in communications facilities which cannot reasonably be considered to be under our control and that may affect the accuracy or timeliness of messages you send to us;
any losses or delays in transmission of messages arising out of the use of any internet or telecommunications service provider or caused by any browser or other software which is not under our control;
any losses or delays caused by us exercising our lawful rights or performing our obligations under the Agreement or in accordance with law, regulation, a court order or an instruction from an ombudsman, regulator or government body;
errors in the Platform or our Website caused by incomplete or incorrect information provided to us by you or a third party who is acting on your behalf;
any use by you of the Platform, our Website or our Services which is in breach of the terms of the Agreement;
any use by you of the Platform, our Website or our Services for a commercial, business or resale purpose. In particular, and without limiting this exclusion, we will have no liability to you for any loss of profit, loss of business, business interruption, or loss of business opportunity;
any loss or damage which we could not reasonably have foreseen as being likely to occur as a result of something we have done or not done; or
any loss or damage you suffered by you as a result of you using our Platform, our Website or our Services on a ‘jailbroken’, ‘rooted’ or otherwise modified device.

Other rules on liability

13.11 Nothing in this clause 13 excludes or limits liability on our part for death or personal injury resulting from our negligence, or for fraud.

13.12 Save where another rule in this clause 13 applies, or where the law says you are not liable, you will be liable to us, our subsidiaries, affiliates, officers, directors, employees, agents, independent contractors, advertisers, partners, and co-branders from all loss, damage, claims, actions or demands, including reasonable legal fees, arising out of any use by you (or anyone acting on your behalf) of the Platform, a Zazuu Wallet and/or our Website which is in breach of your Agreement with us.

13.13 If there are insufficient funds in your Zazuu Wallet or other account(s) with us to repay us what you owe us, you must repay the amount outstanding to us immediately on demand.

USE OF THE PLATFORM

14.1 We grant you a non-transferable, non-exclusive licence to use the Platform, subject to the terms of your Agreement with us, our Privacy Policy and the applicable app-store terms (incorporated into these Terms and Conditions by reference) as may be amended from time to time. We reserve all other rights.

14.2 Except as expressly set out in your Agreement with us or as permitted by any local law, you agree:

not to copy the Platform (except where such copying is incidental to normal use of the Platform, or where it is necessary for the purpose of back-up or operational security); and
not to rent, lease, sub-license, loan, alter, translate, merge, adapt, vary or modify the Platform.

14.3 The Platform has not been developed to meet your individual requirements, and we do not represent or guarantee that the Platform will be suitable for your needs. It is your responsibility to ensure that the facilities and functions of the Platform meet your needs.

OUR RIGHT TO BLOCK ACCESS

15.1 We can stop or block your access to and use of the Platform and/or your Zazuu Wallet if:

you have notified us, or we reasonably believe, that the details you use to access the Platform or Zazuu Wallet, or money in your Zazuu Wallet, has been lost, stolen, compromised, used without your authorisation, or used fraudulently; or
we are obliged to do so by law, regulation, a court order of the instructions of an ombudsman, regulator or government body.

15.2 We can deny a Third Party Provider access to the Platform and/or your Zazuu Wallet if we reasonably believe that access to the Platform and/or Zazuu Wallet by them, or any Instruction we receive from them, is unauthorised or fraudulent.

ELECTRONIC COMMUNICATIONS

16.1 The Agreement will be entered into electronically, and the following categories of information (“Communications”) may be provided by electronic means:

our Agreement with you and any amendments, modifications or supplements to it;
your records (e.g. of transactions) using the Platform;
any initial, periodic or other disclosures or notices provided in connection with the Services, including without limitation those required by law;
any customer service communications, including without limitation communications with respect to claims of error or unauthorised use of the Services or our Website; and
any other communication related to our Platform, the Website, our Services or Zazuu.

16.2 We are not able to provide Communications in paper format or through other non-electronic means. You can withdraw your consent to receive Communications electronically, but if you do, we will treat this as notice that you wish to terminate your Agreement with us. In order to withdraw your consent, you must contact us using our contact information at the end of these Terms and Conditions.

16.3 In order to access the Platform and Communications, you must have an internet browser that supports 256-bit encryption, or such higher level of encryption as we may introduce in order to comply with law, regulation or good industry practice in order to protect the security of our customers’ money and our systems.

CHANGES TO THE AGREEMENT

17.1 We can change, remove, vary or add to any of the terms of our Agreement with you at any time. These changes may include, but not be limited to:

changing or withdrawing the Platform or any part of our Services;
introducing new services, which will then form part of our Services;
introducing a new Service Fee or charge; or
increasing, decreasing or abolishing an existing Service Fee or charge.

17.2 We can make changes to the Agreement for any of the following reasons:

to reflect any change in law, regulation, codes of practice or guidance, or a recommendation, decision or order of a court, ombudsman, regulator or government body, or new statements, codes of practice or industry guidance designed to enhance consumer protection;
to reflect any changes in our business organisation (for example, if we merge with another organisation or transfer our business to another organisation) or the Service Providers we use;
to provide you with extra benefits or additional services;
to reflect (in a proportionate way) changes in our costs in providing our services, for example changes in market conditions, technology costs, inflation and/or the costs of providing facilities;
to reflect (in a proportionate way) any cost associated with any new product or service we introduce, or any new feature on an existing product or service, or any change in the Service Providers we use;
to make the terms clearer or fairer to you, or to benefit you.

17.3 We can also introduce, increase, decrease or abolish transaction limits for certain types of payments made to or by you using our Services from time to time. We may do this for any of the following reasons:

to comply with law, regulation, codes of practice or guidance, or a recommendation, decision or order of a court, ombudsman, regulator or government body, or new statements, codes of practice or industry guidance designed to enhance consumer protection and/or the security of payment and financial systems;
to take account of and address (as a prudent institution) risks we have identified in the payments that our customers are receiving or carrying out, or to anticipate any such risks arising; or
to reduce the risks of financial crime.

We may publish details of transaction limits on our Website, or details may be available from us on request.

17.4 Whenever we decide to make a change, we will act reasonably, and any change will be proportionate to the circumstances giving rise to the change.

17.5 As our Agreement with you may last for a long time and we cannot anticipate everything that might happen during that time, we may also need to make changes for other justifiable reasons. If we do so, we will explain the reason to you when we tell you about the change.

17.6 Except in the situations explained in clause 17.7, we will give you personal notice of the change two 1 month prior to the change where:

we change the terms and conditions which deal with the way payments can be made by you or to you, or into or out of your Zazuu Wallet;
we make a change to your disadvantage; or
we introduce a new Service Fee or charge.

In these circumstances, you can ask us close any account you hold with us (or that we hold to your order), such as your Zazuu Wallet at any time before the change comes into effect and the normal notice period for closure will not apply. If you do not ask us to do this, you will be treated as having accepted the change.

17.7 The following are circumstances where we can make a change to the Agreement more quickly (including immediately), without giving you prior notice. In these circumstances you will not have the right to close your Zazuu Wallet or account without giving the usual notice. The circumstances are:

where we are obliged to make the change due to compliance with law, regulation, codes of practice or guidance, or a recommendation, decision or order of a court, ombudsman, regulator or government body, or new statements, codes of practice or industry guidance designed to enhance consumer protection;
where we are obliged to introduce, increase, decrease or abolish a transaction limit urgently, for any of the reasons explained in clause 17.3. In addition, we may not be able to give you notice of the change where we reasonably believe doing so might compromise the security of our systems;
where we introduce a new service or functionality (and even if we introduce new charges for that service), provided the introduction of the new service does not affect your use of our existing services; or
where the exchange rates we use when converting one currency change. These rates change frequently each day. The rate applicable to your Transaction will be displayed clearing in the Platform at the time you give us your Instruction.

17.8 In the case of all other changes apart from those set out in clauses 17.6 and 17.7, we can make the change immediately, without giving you personal notice. Instead, we will update the copy of the Agreement on our Website. You should check our Website regularly so that you are familiar with the up to date terms of your Agreement.

TERMINATION

18.1 You can terminate the Agreement on one month’s written notice, unless we have broken the terms of your Agreement with us in a serious way, and (where it is possible to put this right) we have not put this right within a reasonable period of time requested by you. In this case, you can terminate the Agreement with immediate effect.

18.2 We can terminate the Agreement upon two months’ notice, except as provided for in clause 18.3 or clause 18.4.

18.3 We can terminate the Agreement with immediate effect if you:

become, or we reasonably believe or become aware you are likely to become, insolvent or are declared bankrupt;
have broken the terms of your Agreement with us in a serious way, and (where it is possible to put this right) you have not put this right within a reasonable period of time requested by us;
through any means of communication intimidate, harass or threaten us, our employees, officers, agents, Service Providers or customers with violence, property damage or any other offensive, indecent, discriminatory or hateful material;
breach or attempt to breach the security of our Platform, our Website or our Services (including, but not limited to, modifying or attempting to modify any information; unauthorised log-ins, unauthorised data access or deletion; interfering with the service, system, host or network; reverse engineering of any kind; spamming; hacking; falsifying data; introducing viruses, Trojan horses, worms or other destructive or damaging programs or engines; or testing security in any way); or
are, in our reasonable belief, using the Platform and/or any of our Services in connection with fraudulent, illegal, unethical, immoral or Prohibited activity, or to promote or support discriminatory, extreme or offensive practices, or permitting or encouraging a third party to do any of these things.

18.4 We can terminate the Agreement with immediate effect if:

we are obliged to do so by law, regulation, a court order or the instructions of an ombudsman, regulatory or government body, or we reasonably believe that a court order is, or instructions from an ombudsman, regulatory or government body are, likely to be given; or
we reasonably believe that the way in which you are using some or all of our Services might expose us to any sanction, penalty, fine, censure, direction or order from any court, ombudsman, regulatory or government body, unless we terminate your Agreement with us with immediate effect.

18.5 Termination of this Agreement will not affect any claims that you have against us, or that we have against you, which arose before the date of termination. For example, we have the right to demand payment of any Service Fees for Services provided prior to termination.

COMPLAINTS

19.1 If you wish to make a complaint about any aspect of our Services, please send your complaint in writing to the address shown on the Contact Us page of our Website.

19.2 We will acknowledge receipt of your complaint within 2 Business Days. We will investigate your complaint and come back to you with the results of our investigation no later than 7 Business Days after the receipt of our acknowledgement of your complaint.

19.3 If you are not satisfied with the manner in which we have dealt with your complaint, or the outcome, then you may refer the matter to the Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR, Tel No 0800 0234 567, Email: complaint.info@financial-ombudsman.org.uk. Alternatively, you can submit your complain online through the European Commission’s Online Dispute Resolution Platform, at http://ec.europa.eu/consumers/odr

GENERAL

Governing law

20.1 This Agreement, and our communications with you prior to you entering into this Agreement, will be governed by English law the following courts will have jurisdiction over any disputes arising:

the courts of Scotland, if you are resident in Scotland;
the courts of Northern Ireland, if you are resident in Northern Ireland; or
the courts of England and Wales, if you are resident anywhere else in the world.

No Waiver

20.2 Our failure to exercise or enforce any right or provision of the Agreement will not constitute a waiver of such right or provision.

Transfer of rights

20.3 You cannot transfer any of your rights under this Agreement, including any right to money we hold to your account, to any other person. You cannot grant any charge or other security over any money we hold for you from time to time.

20.4 We can assign all or any of our rights under this Agreement to another person. We may also transfer all or any of our obligations, but only to someone we reasonably consider capable of performing them.

Entire Agreement

20.5 This Agreement constitutes the entire agreement between the parties and supersedes all prior understandings or agreements relating to the subject matter of this Agreement.

Severability

20.6 If any provision of the Agreement is found by an arbitrator or court of competent jurisdiction to be invalid, the parties nevertheless agree that the arbitrator or court should endeavour to give appropriately valid effect to the intention of the Agreement as reflected in the provision, and the other provisions of the Agreement will remain in full force and effect.

External links

20.7 Any external links to third-party websites on our Website are provided as a convenience to you. These sites are not controlled by us in any way and we are not responsible for the accuracy, completeness, legality or any other aspect of these other sites including any content provided on them. You access such websites at your own risk.

Cancellation

20.8 You have the right to cancel your Agreement with us. The cancellation period begins on the day after you register with us and ends 14 calendar days later. You can exercise your right of cancellation by calling us or sending us an email. Our contact details are set out on our Website. Cancellation will terminate your Agreement with us with immediate effect.

20.9 If you cancel your Agreement with us, we will repay to you any money or E-money which we hold for you (in the case of E-money, we will repay this as set out in clause 9.11). We will not apply any charge for doing so. You will remain liable to pay any fees or charges payable to us under the Agreement in respect of any services we have provided to you prior to cancellation. We may deduct these fees or charges from the any amount we pay to you.

20.10 If you do not exercise your right to cancel the Agreement during the 14-day cancellation period, the Agreement will be binding on you. You will however be able to terminate the Agreement in accordance with clause 18.

Security

We take security very seriously at Zazuu and we work hard, using state-of-the-art security measures, to make sure that your information remains secure. The Zazuu service is a safe and convenient way to send money to friends and family and to other people that you trust. You should not send money to people you do not know, for example sellers of goods and/or services, whether private or retail.

However, we do advise you to consider very carefully before sending money to anyone that you do not know well. In particular, you should be very cautious of deals or offers that seem too good to be true – they may be scams. If you are aware of anyone or any entity that is using the Platform, a Zazuu Wallet or our Website inappropriately, please email us. Similarly, if you receive any emails, purporting to be from Zazuu, which you suspect may be “phishing” (fake) emails, please forward the email to us at support@zazuu.co

Contact Information

Questions, notices, and requests for refunds or further information should be sent to Zazuu, as follows:

support@zazuu.co

Making Seamless Transfers 💸

You need enough money in your account to make transfers

Your Zazuu account operates as your single payment account.

Some transactions that would take your balance below zero may still go through. If that happens, we’ll let you know the amount you’ll need to repay before the end of the day and you’ll need to pay us back as soon as possible.

If you agree to pay for products like Zazuu Pro, you must have enough money in your account to make the monthly payments. If you don’t, those fees may still go through and if that happens, we’ll let you know the amount you’ll need to repay before the end of the day and you’ll need to pay us back as soon as possible.

We may block your transfers if:

your instructions are unclear
we suspect criminal activity on your account
we’re not legally allowed to make the transfer
it goes over your transfer limits (you’ll find these in your app; they’ll change over time).

If we block a transfer, we’ll let you know as soon as possible, using one of our usual channels.

You can find information on all your transactions in the app.

We can take money you owe us from your available credit balance

You might miss Zazuu Plus, go below your available balance, or not repay when we ask you to. If this happens, we have the right to reduce or pay off debt you owe us using any available credit balance in your account.

Transfer types

There are lots of ways you can send money with Zazuu. They each work differently, and we need different information from you to make them. You can find more about how payments work in our transfer help articles.

We are not a money transfer operator, we only facilitate transactions between you and the money transfer operator listed on our app or website.

Cross-border transfer

Info we need to make the transfer

Your preferred money transfer agent
Country where the transfer is going
The beneficiary’s name
The beneficiary’s bank account number, mobile wallet and sort code
The beneficiary’s phone number

How you consent to making the payment

Either your PIN, or
A security code, or
Proving it’s you with fingerprint or facial recognition

Withdrawing consent

Once you’ve given consent, you can’t withdraw it
If you schedule a future payment, we’ll treat it as you giving consent on the payment date

How long the payment takes

Faster Payments usually go through instantly, but can take up to two hours
Other bank transfers will usually take up to 1 working day but could take longer for technical, regulatory or legal reasons