Wallex Free Transactions Promotion Terms and Conditions

  1. These Terms and Conditions for Free Transactions Promotion (“Promotion”) are binding on all persons participating in the Promotion organised  by Wallex Technologies Pte Ltd (referred to as “Wallex”).  
  2. Clients of Wallex Technologies Pte Ltd are governed by its standard terms of conditions set forth here ( referred to as the “Wallex T&Cs”). Capitalised terms that are used but not otherwise defined in these terms and conditions shall have the definitions ascribed to them in the Wallex T&Cs.
  3. The Promotion is valid from 20 January 2022 to 31 January 2022, both dates inclusive (“Promotion Period”). Wallex reserves the right to alter, extend, cancel, terminate or suspend the Promotion or any part thereof or any part of the applicable terms and conditions from time to time, without prior notice.
  4. Under the Promotion, Selected Clients (as defined in paragraph 6 below) will be entitled to the following Promotional Fees (“Promotional Fees”):
    • Waiver of Wallex Fee : Wallex will waive its transaction fee (“Wallex Fee”) for all qualifying transactions. 
    • This excludes any applicable beneficiary bank charges which will not be waived under this promotion. 
  5. The Promotional Fees shall apply to Outbound Cross Border Funds Transfers paid out in all currencies with no transaction limit, are placed, completed on Wallex’s online platform within the Promotion Period. 
    • This excludes same currency transfers which do not include any FX conversion.
    • This excludes inbound collections transactions made into ewallet or virtual accounts. 
  6. The Promotion is only available to registered Clients of Wallex with a valid Wallex account, which also meet the following requirements:
    • You must comply at all times with the terms and conditions governing your use of Wallex, including, but not limited to, the Wallex T&Cs. 
    • This Promotion may not be combined with any other on-going promotions offered by Wallex unless otherwise stated,  
  7. Wallex’s decision regarding all matters and disputes relating to Promotion will be final and binding and no correspondence will be entertained.  
  8. By participating in the Promotion, you agree to be legally bound by these Promotion Terms and Conditions, the Wallex T&Cs and Wallex’s decision.

#Wallex Technologies Pte Ltd is regulated by Monetary Authority of Singapore, License number: PS2020043