Terms of Service
The rules that govern your use of Onsetto
Effective Date: January 1, 2025
1. Agreement to Terms
By accessing or using Onsetto (“we,” “our,” or “us”), you agree to be bound by these Terms of Service (“Terms”). If you disagree with any part of these terms, then you may not access the Service.
2. Description of Service
Onsetto provides a business account switching platform designed to help financial institutions streamline the process of onboarding commercial banking customers. Our Service includes automated data extraction, payment relationship management, and secure transfer coordination.
3. Acceptable Use
You agree to use the Service only for lawful purposes and in accordance with these Terms. You agree not to use the Service:
- In any way that violates any applicable federal, state, local, or international law or regulation
- To transmit any unauthorized advertising or promotional material
- To impersonate any person or entity
- In any way that infringes upon the rights of others
- To introduce viruses, trojan horses, or other malicious code
4. Financial Institution Responsibilities
Financial institutions using our Service acknowledge and agree that:
- They maintain responsibility for regulatory compliance
- They must verify all customer information independently
- They retain liability for all banking relationships and transactions
- Our Service is a facilitation tool and does not replace due diligence requirements
5. Intellectual Property
The Service and its original content, features, and functionality are and will remain the exclusive property of Onsetto and its licensors. The Service is protected by copyright, trademark, and other laws. Our trademarks and trade dress may not be used in connection with any product or service without our prior written consent.
6. Privacy and Data Security
Your use of our Service is also governed by our Privacy Policy. We implement bank-grade security measures to protect sensitive financial data. However, no method of transmission over the Internet is 100% secure, and we cannot guarantee absolute security.
7. Disclaimers
THE SERVICE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. WE MAKE NO WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.
8. Limitation of Liability
IN NO EVENT SHALL ONSETTO, ITS DIRECTORS, EMPLOYEES, PARTNERS, AGENTS, SUPPLIERS, OR AFFILIATES, BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING OUT OF OR RELATED TO YOUR USE OF THE SERVICE.
9. Indemnification
You agree to defend, indemnify, and hold harmless Onsetto and its licensee and licensors, and their employees, contractors, agents, officers and directors, from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney’s fees).
10. Termination
We may terminate or suspend your access immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.
11. Governing Law
These Terms shall be governed and construed in accordance with the laws of the United States, without regard to its conflict of law provisions. Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights.
12. Changes to Terms
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material, we will provide notice prior to any new terms taking effect.
13. Contact Information
If you have any questions about these Terms, please contact us at legal@onsetto.com.