With Peace of Mind
Financial services are provided by LAWKO LTD
Website is operated by Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles.
topeverestbtc.com has the right to cancel a transaction and/or refuse to distribute profits to any person if it has adequate reasons or evidence of the following:
topeverestbtc.com follows a strict withdrawal procedure which consists of the following:
Topeverestbtc.com charges a fee and is applicable for the different withdrawal methods used:
Basically, the Minimum Amount that can be withdrawn are as follows:
Customers withdrawing a minimum of 500 EUR by bank wire transfer, will have to pay an additional charge of 50 EUR as per topeverestbtc.com’s terms and conditions. There are no limits to the amount customers can withdraw from their trading account. Nevertheless, withdrawal requests should be aligned with expilon terms and conditions, matching the required trading volume. However, in the case of withdrawal requests by Credit Card, the maximum withdrawal amount cannot exceed 50,000 USD. The Credit Card limits are as follows:
If your trading account has been alleged with any kind of fraudulent activities or arbitrage, your account will have to undergo close investigation. During this specific period, you shall receive only 10% of your withdrawable capital on a monthly basis, excluding any trading benefits associated to the account as from when the investigation has started. Following the completion of the inquiry, the remaining withdrawable amount will be transferred to your account. If ever, your trading account has been termed as fraudulent, sanctions will be taken.
Please refer to the Fraud and the above section of the Terms and Conditions. Furthermore, refunds are carried out in terms of Bonuses, i.e the refunded amount cannot be withdrawn unless the conditions specified in topeverestbtc.com’s Bonus Policy are met.
To ensure swift response and fair judgement, the user should provide the following:
If the user initiates a complaint against topeverestbtc.com, the latter is required to provide the following:
Following the investigation conducted in due form, in case the user decides to terminate the contract, the latter will be required to follow the contract termination procedure.
All claims must be sent via expilon and/or finance . The Company representatives may, when providing services to the Client and due to privacy rights, use alias names.
topeverestbtc.com reserves the legal right, but is in no way required to, to offer bonus programs (i.e. “bonuses”, “promotions” and “benefits”) to new and regular / existing Customers, to set the conditions of these programs and/or change them without notice to the Customer. Any bonus programs that are provided by topeverestbtc.com are held under the following terms and conditions:
Prohibited Uses: It is prohibited to abuse this Site for money laundering purposes. topeverestbtc.com employs best practices against anti-money laundering activities. topeverestbtc.com reserves the right to refuse and to terminate any business relationship, and to cancel any operation of customers who do not comply with the requirements of anti-money laundering:
Once notice of termination of this Agreement is sent and before the termination date:
Upon Termination any or all the following may apply:
What is Customer Due Diligence (CDD)?
Customer Due Diligence is information that comprises of facts about clients, which should enable an organization to assess the extent to which the client exposes it to a range of risks. These risks include money laundering and terrorist financing.
Customer Due Diligence (CDD) procedures applies during the onboarding of a client but is also an on-going review. Essential components of CDD are:
Our policies also include:
Money Laundering usually follows three stages:
Firstly, cash or cash equivalents are placed into the financial system.
Secondly, money is transferred or moved to other accounts (e.g. futures accounts) through a series of financial transactions designed to obscure the origin of the money (e.g. executing trades with little or no financial risk or transferring account balances to other accounts).
And finally, the funds are re-introduced into the economy so that the funds appear to have come from legitimate sources (e.g. closing a futures account and transferring the funds to a bank account)
Trading accounts are one vehicle that can be used to launder illicit funds or to hide the true owner of the funds. In particular, a trading account can be used to execute financial transactions that help obscure the origins of the funds.
topeverestbtc.com directs funds withdrawals back to the original source of remittance, as a preventative measure. International Anti-Money Laundering requires financial service institutions to be aware of potential money laundering abuses that could occur in a customer’s account and implement a compliance program to deter, detect and report potential suspicious activity.
The trading account owner declares strict abidance to AML (Anti Money Laundering) regulations. The trading account owner agrees that the Company may implement regulations and procedures to adhere to AML regulations at its sole discretion. Credit card deposits should be made only from personal (non-corporate) credit cards registered under the trading account owner name. Refunds and withdrawals will be executed only to the credit card from which the funds were originally deposited from. The Company at its sole discretion shall have the right to pay amounts above the original deposit to a bank account in The trading account owner name and held in his country of domicile.
Corporate credit cards will not be accepted.
Depositing by wire shall be made only from a bank account in the trading account owner country of domicile and from an account in his name. Refunds and withdrawals in case of a deposit by wire shall be executed to the same account where the deposit has originally been wired from.
These guidelines have been implemented to protect topeverestbtc.com markets and its clients.
Trading in any investment opportunity that may generate profit requires expilon customers to deposit money on their online account. Profits may be withdrawn from the online account.
Deposits and withdrawals are regulated by this WD policy as well as the generally applicable terms and conditions.
You, the Client, have to perform all the deposits from a source (e.g. single bank account). If you want to start trading, you should make sure this account is in your country of residence and in your name. In order to certify that a SWIFT confirmation is authentic, it has to be sent to expilon to confirm the origin of the money which will be used for trading. If you don’t comply with this WD policy, you may be prevented from depositing the money via Bank/Wire Transfer. If you did not login and traded from your account within three (3) months, your Account will be subject to a deduction of 10 % each month.
According to generally acceptable rules and regulations, withdrawals must be performed only through the same bank account or credit/debit card that you used to deposit the funds.
Unless we agree otherwise, withdrawals from the Account may only be made in the same currency in which the respective deposit was made.
In addition, when you deposit or withdraw money for trading purposes using alternative payment methods, you should be aware that additional fees and restrictions may apply. Withdrawals are subjected to withdrawals processing and handling fees. Those fees will be deducted from the transferred withdrawn amount. The fees schedule is available on expilon .
Without derogating of the foregoing, expilon may execute withdrawals to a different facility than the one used for the deposit, subject to Anti Money-Laundering regulations.
Furthermore, when it comes to withdrawals, Client may be required to present additional information and documents.
Funds appearing on Clients’ account may include agreed or voluntary bonuses and incentives, or any other sums not directly deposited by the Client or gained from trading on account of actually deposited funds (“Non-Deposited Funds“). Please note unless otherwise explicitly agreed, Non-Deposited Funds are not available for withdrawal. Further, due to technical limitations, Non-Deposited Funds may be assigned to Client’s account in certain occasions (for example, for the technical purpose of allowing the closing of positions or an indebted account).
Without derogating from the above mentioned, bonuses issued to Client by expilon may only be withdrawn subject to execution of a minimum trading volume of 30 times the deposit amount plus the bonus issued (“Minimum Trading Volume“).
SUBMITTING A WITHDRAWAL REQUEST
In order to process your withdrawal request, you must:
Print the [withdrawal.pdf] form. Client will log in to his account through the website, click on withdrawal, fill up the information and fill up the withdrawal form.
Sign the printed form.
Send the form to us via e-mail as a scanned image (JPG, GIF, PNG, non-password protected PDF) to.
All compliance documentation must have been received and approved by expilon compliance officer in order to proceed with the withdrawal.
Beneficiary Name must match the name on the trading account. Requests to transfer funds to third party will not be processed.
Important: Account holder is required to monitor account regularly, and ensure that available margin exists in the account prior to submitting this request, as such withdrawal may have an impact on existing open positions or trading strategy used.
TYPICAL WITHDRAWAL PROCESSING TIME
The time it takes for the money to reach your credit card or bank account that has been used to deposit funds may vary (usually up to five business days). Note that it might take longer for withdrawals to bank accounts due to the additional security procedures in force.
The request will generally be processed by expilon within 2-5 business days of receipt. In order to avoid any delays please review your information carefully before submitting your request. expilon assumes no responsibility for errors or inaccuracies made by the account holder.
Corresponding withdrawals will take 3 to 5 business days to process. expilon cannot monitor and is not responsible in any way for the Client’s Credit Card Company or bank’s internal procedures. Client must follow up with the credit card or respective bank independently.
Funds are released to your credit account once your credit card merchant has debited the funds from our account. This process may take up to 5 business days or more to reflect on your credit card account balance. If you do not have online access to your credit card, it should appear on the next billing statement(s) depending on your card’s billing cycle.
Please note clearly that we are not committed to any time frame and that any additional charges imposed by third parties shall be deducted from the deposit or the withdrawal, as applicable.
Additional Charges: If the receiving bank uses an intermediary bank to send/receive funds, you may incur additional fees charged by the intermediary bank. These charges are usually placed for transmitting the wire for your bank. expilon is not involved with and nor has any control over these additional fees. Please check with your financial institution for more information.
For Credit card deposits, when you choose an account in a different currency than USD (United States Dollar), your credit card will be debited properly in accordance with amount deposited and the applicable exchange rates. In addition to the exchanged sum deposited, additional credit cards fees may apply (as a result, in such cases you may notice discrepancies between the sum of deposit and the sum charged on your credit card). Customers must accept these slight variations that can occur and won’t try to charge this back.
If you have used a credit card to deposit money, performed online trading and decide to cash in on your winnings, the same credit card must be used.
Amount of withdrawal per credit card is only allowable to an equal amount of money deposited per credit card or less. Greater amounts must be wire-transferred to a bank account.
Your Account may comprise of different currencies. These will be subject to the following conditions:
We may accept payments into the account in different currencies and any payments due to or from us and any net balances on the account shall be reported by us in the respective currency; The account is maintained in PLN, US Dollars, Euro (“Base Currencies“) and any other currency will be converted at the exchange rate existing at the point of conversion (“Exchange Rate“); if the Client send funds in another currency than his account’s currency, we will apply an exchange rate to our discretion.
We will generally settle trades or perform any required setoffs and deductions in the relevant currency where the account comprises such currency ledger, save that where such currency balance is insufficient, we may settle trades in any currency using the Exchange Rate.
Please note this policy cannot be exhaustive, and additional conditions or requirements may apply at any time due to regulations and policies, including those set in order to prevent money laundering. Please note any and all usage of the site and services is subject to the Terms and Conditions, as may be amended from time to time by expilon , at its sole discretion.
For queries concerning policy matters, please contact us anytime.