Important legal notes
TERMS OF WEBSITE USE
The use of this website is subject to the following terms and conditions. Please read them carefully before using this website or any of the online services provided via this website.
By using this website, you agree to be legally bound by these terms and conditions of use and Khan Bank’s Data Protection and Privacy Policy.
If you do not accept these terms and conditions of use, please do not use this website or any of the online services.
COMPANY INFORMATION
This website is owned and operated by Khan Bank.
Bank of Mongolia authorised the establishment of Khan Bank on 5th December 1991 in compliance with provision 1, article 29, and chapter 3 of the Banking Laws of Mongolia. The registration number issued by Bank of Mongolia is 06.
The Head Office of the Bank is situated in at Seoul Street-25, P O Box 192, Ulaanbaatar-44, and Mongolia.
Under the State Registration Certificate Dated 4th Nov 2005, the regulating authority of Khan Bank is the Bank of Mongolia.
USE OF THE WEBSITE
The information provided on this website, any of the online services provided via this website or in any communication containing a link to this website is for your lawful personal use and informational purposes only.
The distribution of this website's material may be restricted by law in certain jurisdictions. It is your responsibility to find out what those restrictions are and to observe them.
You may not use this website:
· in any way that breaches any applicable local, national or international law or regulation;
· in any way which would subject any member of the Khan Bank Group to any registration requirement within such jurisdiction or country;
· in any way that is unlawful or fraudulent, or has any unlawful or fraudulent purpose or effect;
· to transmit, or procure the sending of, any unsolicited or unauthorised advertising or promotional material or any other form of similar solicitation (spam); or
· to knowingly transmit any data, send or upload any material that contains viruses, trojan horses, worms or any other harmful programs or similar computer code designed to adversely affect the operation of any computer software or hardware.
You agree not to reproduce, duplicate, copy or re-sell any part of this website in contravention of these terms and conditions of use.
You also agree not to access without authority, interfere with, damage or disrupt:
· any part of this website;
· any equipment or network on which this website is stored;
· any software used in the provision of this website or any of the online services provided via this website; or
· any equipment or network or software owned or used by any third party.
WEBSITE CONTENT
The contents of this website or any of the online services provided via this website do not purport to provide any financial, investment or professional advice and nothing on this website or on the web pages of any website owned by any other member of the Khan Bank Group shall be deemed to constitute an offer or provision of financial, investment or other professional advice in any way. You must seek advice from a qualified expert before making any investment decision.
PRODUCTS AND SERVICES
Use of the products or services described at this website may not be permitted in some countries. If you are in doubt, you should check with your local Regulator before requesting further information.
Products and services are available only at the discretion of Khan Bank or the relevant Khan Bank Group company or associate, subject to the products and services individual contractual terms and conditions on which they are offered and such products and services may be withdrawn or amended at any time without notice.
EXCLUSION OF LIABILITY
Nothing in these terms and conditions of use shall attempt to exclude liability that it is not permissible to exclude under applicable law, including without limitation, for death or personal injury as a result of any negligence, or for fraudulent misrepresentation.
Whilst Khan Bank has taken reasonable steps to ensure the accuracy and completeness of the content of this website or any of the online services provided via this website, it excludes any warranties, undertakings or representations (either express or implied) to the fullest extent permitted under applicable law, that the contents of this website or any of the online services provided via this website, shall be accurate, available, complete or appropriate for use either in Mongolia or any other jurisdiction.
Khan Bank Group shall not be liable (to the maximum extent permitted by applicable law) for any loss, damage or injury whatsoever (whether direct, indirect, consequential or future and whether or not reasonably foreseeable, contemplatable or actually contemplated by the parties) incurred or sustained by you, or third parties arising out of:
· your use of this website, any or all of the content of this website, or any of the online services provided via this website (whether provided by the Khan Bank Group or any third party provider on behalf of the Khan Bank Group);
· any failure or delay by any member of the Khan Bank Group to provide access to any part of this website or to any of the online services provided via this website;
· the provision of false or incorrect information on this website or in respect of any of the online services provided via this website;
· your inability to use any part of the website or any of the online services provided via this website or third party websites linked to this website;
· the contents of any third party website;
· your act or omission in respect of any contract, commitment, arrangement or otherwise with any third party; or
· your failure to receive any email communication sent by any member of the Khan Bank Group or any failure by a member of the Khan Bank Group to receive any email communication sent by you.
The Khan Bank Group shall not be liable to you whether in contract (including under any indemnity or warranty), in tort (including negligence), under statute or otherwise for any:
· loss of profit;
· loss of revenue;
· loss of anticipated savings;
· loss or corruption of data;
· loss of contract or opportunity;
· loss of goodwill; or
· special, indirect or consequential loss of whatever nature including (without limit) any loss of a type described above which could be regarded as special, indirect or consequential and whether or not reasonably foreseeable, reasonably contemplatable, actually foreseen or actually contemplated by the parties at the time of execution of these terms and conditions of use.
Any software downloaded from this website is at your own risk and the Khan Bank Group does not accept liability for any loss or damage howsoever caused, as a result of any computer viruses or other malware arising from your use of this website or any of the online services provided via this website.
Any hyperlinks from this website exist for information purposes and are for your convenience only and the Khan Bank Group accepts no liability for any loss arising directly or indirectly from the accuracy or otherwise of materials or information contained on the pages of such sites or loss arising directly or indirectly from defects with such sites. Khan Bank's inclusion of hyperlinks does not imply any endorsement of the material on such sites.
USE AND DISCLOSURE OF PERSONAL INFORMATION
Unless restricted by applicable law, you agree that any personal information/data relating to you collected by Khan Bank from this website may be used and disclosed in accordance with Khan Bank’s Data Protection and Privacy Policy.
A copy of Khan Bank’s Data Protection and Privacy Policy is at the end of this document.
INDEMNITY
You hereby agree to indemnify Khan Bank against any action, liability, cost, claim, loss, damage, proceeding or expense suffered by the Khan Bank Group arising from or which is directly or indirectly related to:-
- your access to and/or use of Khan Bank’s website and/or any other person or entity's use of this service or website where such person or entity was able to access the service or website using your user id and/or password (where applicable); or
- any breach or non-observance of any of these terms and conditions of use by you or by any other person or entity where such person or entity was able to access and/or use this website or any of the online services provided via this website by using your user id and login password (where applicable).
TERMINATION
Khan Bank may terminate your access to all or any part of this website or any of the online services provided via this website at any time, with or without cause or notice.
MODIFICATION
Khan Bank reserves the right at its discretion to change without notification any information or material contained on this website, or any of the online services provided via this website including these terms and conditions of use.
INTELLECTUAL PROPERTY RIGHTS
All intellectual property rights, (including copyright, trade marks and all database rights and any other intellectual property rights in any software) in the contents of this website or any of the online services provided via this website (including text, graphics, links and sounds) are owned by the Khan Bank Group or its licensors and and may not be copied, downloaded, distributed or published in any way without the prior written consent of Khan Bank.
GOVERNING LAW
These terms and conditions of use are governed by the laws of Mongolia and any dispute shall be subject to the [exclusive] jurisdiction of Mongolian Courts.
CONTACT
Khan Bank may be contacted via email through any of the "CONTACT US" icons on the Khan Bank.
DATA PROTECTION AND PRIVACY STATEMENT
This Data Protection and Privacy Statement relates solely to information supplied by you on this website. Khan Bank respects the privacy of your personal information and will treat it confidentially and securely.
Any personal information provided by you to Khan Bank through this website will be used for the purpose of providing and operating the products and services you have requested at this website and for other related purposes which may include updating and updating Khan Bank's records, understanding your financial needs, conducting credit checks, reviewing credit worthiness and advising you of other products and services which may be of interest to you.
Other than to those individuals and entities listed below your details will not be disclosed by Khan Bank to any external body, unless Khan Bank has your permission, or is under either a legal obligation or any other duty to do so. For the purposes detailed above, your information may be disclosed to:
- other companies in the Khan Bank Group (i.e. subsidiaries and affiliates);
- any regulatory, supervisory, governmental or quasi-governmental authority with jurisdiction over Khan Bank;
- credit reference agencies and, in the event of default, debt collection agencies;
Information held about you is retained as long as the purpose for which the information was collected continues. The information is then destroyed. As a general rule, the maximum retention period is 10 years.
It is your responsibility to maintain the secrecy of any user ID and login password you hold.
Internet Communications
In order to maintain the security of our systems, protect our staff, record transactions, and, in certain circumstances, to prevent and detect crime or unauthorised activities, Khan Bank reserves the right to monitor all internet communications including web and email traffic into and out of its domains.
