These Terms of Service and User Agreement form a legally binding contract between you and NodalBank. They set out who may open an account, how deposits, investments and withdrawals are handled, the risks you accept, and where responsibility lies on each side.
These Terms of Service and User Agreement (the "Terms" or "Agreement") constitute a legally binding agreement between you ("User", "you", or "your") and Nodal AI Infrastructures, operating under the brand name NodalBank ("NodalBank", "we", "us", or "our").
By creating an account, clicking "I Agree", accessing the Platform, depositing assets, subscribing to a product, initiating a transaction, using any NodalBank Service, or otherwise continuing to access or use the Platform, you acknowledge that you have read, understood and agreed to these Terms and all documents incorporated herein by reference.
If you do not understand or agree with these Terms, you must not access or use the Services.
DIGITAL ASSETS, INVESTMENT PRODUCTS AND FINANCIAL MARKETS INVOLVE SUBSTANTIAL RISK. VALUES MAY INCREASE OR DECREASE, RETURNS MAY VARY, AND YOU MAY LOSE SOME OR ALL OF THE ASSETS COMMITTED TO A PRODUCT. PAST PERFORMANCE, TARGET RETURNS, INDICATIVE RETURNS, ESTIMATES, FORECASTS AND HISTORICAL RESULTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE.
Your contractual counterparty is:
Legal Name: Nodal AI Infrastructures
Trading Name: NodalBank
Registration Number: [●]
Registered Office: Mysore, Karnataka, India
Jurisdiction of Incorporation: India
Different NodalBank products may be provided by different NodalBank entities, affiliates or authorised third-party service providers.
Where product-specific terms identify a different contracting entity, those product-specific terms shall prevail with respect to that product.
"NodalBank" is a commercial brand.
Unless expressly and specifically stated otherwise for a particular legal entity and Service, use of the word "Bank" as part of the NodalBank brand shall not by itself be interpreted as a representation that NodalBank is:
Any applicable regulatory status shall be determined exclusively by express disclosure relating to the relevant NodalBank entity and Service.
Unless expressly stated otherwise, assets held with or through NodalBank are not bank deposits and may not benefit from deposit insurance, investor compensation, FDIC protection, SIPC protection or equivalent governmental insurance or compensation schemes.
These Terms apply to all NodalBank websites, applications, dashboards, APIs, accounts, products and Services, including where available:
Availability of a Service on the Platform does not mean that the Service is legally available to every User or in every jurisdiction.
The following documents, as amended from time to time, form part of this Agreement where applicable:
In case of conflict, product-specific terms shall generally prevail regarding that product, followed by these Terms, unless applicable law requires otherwise.
To open or use a NodalBank Account, you represent and warrant that:
NodalBank may impose additional eligibility criteria for individual Services.
NodalBank may restrict, prohibit or discontinue access to any Service in any jurisdiction where we determine that provision of the Service may:
The absence of a jurisdiction from a published restricted-country list does not constitute a representation that every NodalBank Service is legally available there.
You are responsible for determining whether your use of a Service is lawful in your jurisdiction.
Certain NodalBank products may not be offered to persons located in, resident in, organised in, or otherwise subject to the jurisdiction of the United States.
A Service shall be made available to a U.S. Person only where NodalBank determines that the Service may lawfully be provided to that person.
Nothing on the Platform constitutes an offer or solicitation of securities, investment contracts, derivatives or regulated financial products in the United States where such offer or solicitation would be unlawful.
NodalBank reserves the right to restrict Services based on nationality, residence, citizenship, physical location, tax residence or other jurisdictional nexus.
Certain Services may be restricted or unavailable to consumers located in the European Economic Area or United Kingdom.
Where mandatory consumer protection law applies, nothing in these Terms shall exclude rights that cannot lawfully be waived or limited.
Where a provision of these Terms conflicts with a mandatory consumer protection rule applicable to a User, the mandatory rule shall prevail only to the extent required by law, and the remaining Terms shall remain effective.
Users may be required to create an account before accessing Services.
You may ordinarily maintain only one personal account unless NodalBank expressly authorises otherwise.
NodalBank may reject an account application without obligation to provide detailed reasons where permitted by law.
Opening an account does not create an obligation for NodalBank to provide every Service.
We may apply different account levels, transaction limits, investment limits, withdrawal limits and verification requirements to different Users.
NodalBank may perform identity verification, customer due diligence, enhanced due diligence, transaction monitoring, sanctions screening, fraud screening and other compliance procedures at any time.
You agree to provide any information we reasonably request, including:
Verification may be required:
If you fail or refuse to provide requested information or if information is incomplete, inconsistent or unsatisfactory, NodalBank may, to the maximum extent permitted by applicable law:
NodalBank shall not be responsible for losses arising solely from a lawful compliance restriction imposed in good faith.
You represent that neither you nor, where applicable, your beneficial owners, controlling persons or authorised representatives are subject to sanctions that legally prohibit NodalBank from dealing with you.
NodalBank may screen Users and transactions against sanctions lists issued by authorities including competent authorities of:
NodalBank may block, freeze, reject, return or report assets or transactions where legally required.
No provision of these Terms obliges NodalBank to undertake a transaction prohibited by sanctions law.
You are solely responsible for maintaining adequate security over:
You must immediately notify NodalBank if you suspect compromise or unauthorised access.
Unless mandatory law provides otherwise, activity authenticated using valid account credentials may be treated as authorised by you until NodalBank receives sufficient notice of compromise and has had a reasonable opportunity to act.
Deposits may be subject to:
You must use only deposit addresses, networks and payment instructions supported by NodalBank.
NodalBank shall not be responsible, except where required by mandatory law, for assets lost because a User:
Recovery of incorrectly deposited assets, where technically possible, may be subject to fees and additional verification.
Withdrawals are subject to NodalBank's security, compliance, liquidity and operational procedures.
A withdrawal request does not create an unconditional obligation to immediately release assets.
NodalBank may delay, restrict or reject a withdrawal where reasonably necessary because of:
Where legally permitted, NodalBank is not required to disclose confidential compliance criteria or risk indicators.
NodalBank may make available products under which Users allocate assets to strategies, programs, portfolios, pools, counterparties, protocols or other investment arrangements.
Each product may have separate:
The applicable product-specific terms form part of this Agreement.
Unless a product-specific legally binding agreement expressly states otherwise, any:
is indicative only and does not constitute a guarantee.
Actual returns may differ materially.
NodalBank may revise prospective indicative rates based on:
Changes shall not retroactively reduce vested contractual entitlements except where permitted by the applicable product terms or mandatory law.
Except where a specific product agreement expressly creates an enforceable fixed payment obligation, NodalBank does not guarantee:
You acknowledge that financial and digital-asset markets involve substantial risk.
You must not commit assets you cannot afford to lose.
NodalBank does not act as your personal:
unless a specific written agreement expressly provides otherwise.
Information provided through the Platform is for general informational purposes.
You remain solely responsible for evaluating whether a Service is appropriate for you.
You should obtain independent professional advice where appropriate.
To the maximum extent permitted by applicable law, no fiduciary, trustee, advisory, partnership, joint venture or agency relationship arises merely because you use NodalBank.
NodalBank may act in its own commercial interests, subject to applicable law and any express contractual obligations owed to you.
You acknowledge that digital assets may involve risks including:
You accept these risks when using digital-asset-related Services.
Blockchain transactions may be irreversible.
Once a withdrawal or blockchain transfer has been transmitted to the relevant network, NodalBank may be unable to cancel, recover or modify it.
Blockchain confirmation times are outside NodalBank's exclusive control.
NodalBank does not guarantee transaction confirmation within any particular timeframe.
The legal and beneficial ownership, custody and segregation treatment of assets may depend on the relevant Service.
Assets may, where permitted and disclosed:
NodalBank does not represent that all User assets are held in individually segregated blockchain wallets unless expressly stated.
NodalBank may use third parties for:
Third-party failure may affect Services.
To the maximum extent permitted by law, NodalBank shall not be responsible for losses caused exclusively by independent third parties outside NodalBank's reasonable control, except where NodalBank failed to exercise a legally required standard of care in selecting or supervising such provider.
Prices, charts, valuations and market information displayed on the Platform may be obtained from third-party sources.
Displayed prices may differ from prices available on external markets.
NodalBank does not guarantee that market information is:
NodalBank may charge fees for Services.
Applicable fees may include:
NodalBank may change prospective fees from time to time.
You authorise NodalBank, where legally permissible, to deduct amounts owed to NodalBank from balances held in your Account.
To the maximum extent permitted by applicable law, NodalBank may set off amounts owed by you against amounts otherwise payable or transferable to you.
This may include:
You have no right to retain assets, money, rewards, profits or credits received because of:
NodalBank may correct such errors.
You authorise NodalBank to reverse erroneous internal entries and deduct improperly credited amounts from your Account to the extent permitted by law.
If insufficient assets remain in your Account, you remain liable to return the excess amount.
Where a User receives a financial benefit through:
NodalBank may, to the maximum extent permitted by law:
You may not use NodalBank for:
NodalBank may investigate behaviour reasonably suspected to constitute:
NodalBank may take protective action where such activity is reasonably suspected.
NodalBank may temporarily or permanently restrict an Account or Service where we reasonably determine that such action is appropriate for:
Restrictions may include:
Where permitted by law, restrictions may be imposed without advance notice where notice could compromise security, compliance or an investigation.
NodalBank may freeze assets or Account functionality where there is a reasonable basis to believe that:
A freeze may remain in place for as long as reasonably necessary or legally required.
To the maximum extent permitted by applicable law, NodalBank may terminate or discontinue your access to any or all Services where:
Where mandatory law requires notice, NodalBank will provide such notice.
NodalBank need not disclose information where disclosure is prohibited by law or could compromise fraud prevention, security or compliance procedures.
You may request Account closure subject to:
Account closure does not extinguish liabilities accrued before closure.
NodalBank may classify an Account as dormant after an extended period of inactivity.
Where permitted by applicable law and disclosed in the applicable fee schedule, dormant accounts may be subject to administrative procedures or fees.
NodalBank may require renewed verification before reactivating a dormant Account.
Upon receiving credible notice of death or legal incapacity, NodalBank may freeze the Account until authorised successors or representatives provide documentation satisfactory to NodalBank.
NodalBank may require:
NodalBank may rely on documents reasonably believed to be authentic.
You are solely responsible for determining and satisfying tax obligations arising from your use of the Services.
NodalBank does not provide tax advice.
NodalBank may:
Referral commissions, bonuses, promotional rewards and similar benefits are discretionary promotional arrangements unless otherwise expressly stated.
NodalBank may establish eligibility requirements, qualification periods, limits and anti-abuse rules.
No referral reward becomes unconditional until all applicable requirements have been satisfied.
NodalBank may cancel or recover rewards generated through fraud, manipulation or abuse.
You consent to receiving contractual, operational, security, compliance and account communications electronically.
Communications may be delivered through:
Electronic records and acceptances may constitute legally binding records to the extent permitted by applicable law.
NodalBank's electronic records, system logs, transaction records, authentication records and account data may be used as evidence of activity conducted through the Platform, subject to applicable evidentiary law.
You must promptly notify NodalBank if you believe an Account record is materially incorrect.
No statement made by:
shall modify these Terms unless the modification is expressly authorised by NodalBank in writing.
You should rely only on official Legal Documents and formal product disclosures.
NodalBank does not guarantee uninterrupted or continuous availability.
Services may be suspended for:
NodalBank may modify technical architecture without notice where such modification does not materially impair vested contractual rights.
NodalBank may introduce, modify, suspend or discontinue Services.
Where reasonably practicable, Users materially affected by a permanent discontinuation will be provided appropriate instructions regarding affected assets.
Nothing requires NodalBank to continue operating a particular product indefinitely.
NodalBank retains discretion, acting reasonably and subject to applicable law, to determine whether and how to support:
Holding an underlying asset with NodalBank does not automatically create an entitlement to receive every forked asset, airdrop or protocol benefit.
NodalBank shall not be liable for delay or failure caused by circumstances beyond its reasonable control, including:
This clause does not exclude liability that cannot legally be excluded.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE PLATFORM AND SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS.
NODALBANK DISCLAIMS ALL WARRANTIES NOT EXPRESSLY PROVIDED IN THESE TERMS, INCLUDING IMPLIED WARRANTIES OF:
TO THE EXTENT SUCH WARRANTIES MAY LAWFULLY BE DISCLAIMED.
Nothing in this section excludes mandatory consumer warranties that cannot lawfully be excluded.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, NODALBANK AND ITS AFFILIATES, SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES, CONTRACTORS, AGENTS AND SERVICE PROVIDERS SHALL NOT BE LIABLE FOR:
except to the extent liability cannot lawfully be excluded.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, NODALBANK'S AGGREGATE LIABILITY ARISING FROM OR RELATING TO A PARTICULAR SERVICE SHALL NOT EXCEED THE GREATER OF:
(A) the fees actually paid by you to NodalBank for that Service during the six (6) months preceding the event giving rise to the claim; or
(B) USD 100,
unless mandatory law requires a higher amount.
This limitation shall not apply where liability cannot legally be limited, including where applicable law provides otherwise for fraud, wilful misconduct, gross negligence, death or personal injury.
NodalBank shall not be responsible for losses resulting from:
unless such loss results directly from liability that cannot lawfully be excluded.
To the maximum extent permitted by applicable law, you agree to indemnify, defend and hold harmless NodalBank and its:
against claims, liabilities, damages, penalties, losses and reasonable legal expenses arising from:
This indemnity does not apply to the extent prohibited by mandatory consumer law.
NodalBank may investigate suspected breaches of these Terms.
You agree to reasonably cooperate with investigations.
NodalBank may preserve and analyse:
NodalBank may use specialist investigators, forensic providers, blockchain analytics providers or professional advisers.
NodalBank may comply with valid legal requests from:
Where legally permitted, NodalBank may voluntarily provide information where reasonably necessary to prevent or investigate serious fraud, cybercrime, money laundering, sanctions violations or other unlawful conduct.
NodalBank shall not be required to notify you where such notification is prohibited or inappropriate under applicable law.
Personal information is processed in accordance with the NodalBank Privacy Policy and applicable data protection law.
Use of the Services may require international transfer and processing of personal information.
All intellectual property rights relating to:
belong to NodalBank or its licensors.
No ownership rights are transferred to Users.
Subject to compliance with these Terms, NodalBank grants you a limited, personal, non-exclusive, non-transferable and revocable licence to access the Platform solely for permitted use.
You may not:
the Platform except where applicable law expressly permits such conduct.
Automated access is prohibited unless expressly authorised.
NodalBank may:
Users remain responsible for activity performed using their API credentials.
NodalBank, its affiliates or counterparties may have interests that differ from those of Users.
Where relevant, NodalBank may:
NodalBank will manage legally material conflicts in accordance with applicable law.
You may not transfer or assign your rights or obligations under these Terms without NodalBank's prior written consent.
NodalBank may assign or transfer this Agreement to:
subject to applicable law.
NodalBank may amend these Terms from time to time.
Changes may be made because of:
Material changes affecting consumer rights will be communicated as required by applicable law.
Where permitted by law, continued use after an amendment becomes effective constitutes acceptance.
If you reject an amendment, your remedy may be to discontinue use and close your Account, subject to outstanding obligations.
Except where mandatory local law provides otherwise, these Terms and any non-contractual obligations arising from them shall be governed by the laws of:
[CHOSEN GOVERNING LAW / JURISDICTION]
without regard to conflict-of-law rules.
For consumers, this choice of law shall not deprive you of mandatory protections that cannot lawfully be waived under the law of your habitual residence.
Before commencing formal proceedings, you agree, where legally permissible, to first submit the dispute to: legal [at] nodalbank [dot] com
The notice should contain:
The parties should attempt in good faith to resolve the dispute informally.
This requirement shall not prevent either party from seeking urgent injunctive or protective relief.
Unless prohibited by applicable law, disputes involving business, institutional or professional Users may be finally resolved by binding arbitration under:
[SELECT ARBITRAL INSTITUTION — e.g. SIAC / LCIA / ICC]
Seat of arbitration: [●]
Language: English
Number of arbitrators: One, unless the applicable rules require otherwise.
The arbitration shall be confidential except where disclosure is legally required.
This Section applies only to the extent legally enforceable against the relevant U.S. User.
Except for disputes eligible for small-claims court and claims for urgent injunctive relief, disputes between NodalBank and a U.S. User may be resolved through individual binding arbitration under the applicable arbitration rules identified in the U.S.-specific Service terms.
Arbitration shall take place on an individual basis.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU AND NODALBANK WAIVE THE RIGHT TO PARTICIPATE IN A CLASS ACTION, CLASS ARBITRATION OR REPRESENTATIVE ACTION.
If applicable law makes a particular part of this Section unenforceable, that part shall be severed or modified to the minimum extent necessary.
Nothing in Sections 61–64 deprives an EEA, UK or other protected consumer of:
Any dispute clause shall operate only to the maximum extent legally enforceable.
For Users not protected by mandatory laws providing otherwise, disputes must be brought individually.
To the maximum extent permitted by law, neither party may bring or participate in a class, collective, consolidated or representative proceeding.
This provision shall not apply where such waiver is prohibited by applicable law.
To the maximum extent permitted by applicable law, any claim arising from the Services must be brought within one (1) year after the claimant knew or reasonably should have known of the events giving rise to the claim.
Where mandatory law prescribes a longer non-waivable period, that period shall apply.
Users may submit complaints through official NodalBank support channels.
NodalBank may establish specific complaint-handling procedures for regulated products or jurisdictions where required.
Submission of a complaint does not suspend undisputed contractual payment or compliance obligations unless required by law.
If a court or tribunal determines that any provision is invalid or unenforceable, that provision shall, where legally permissible:
The remaining Terms shall continue in effect.
Failure by NodalBank to enforce a right does not waive that right.
A waiver is effective only if expressly made by an authorised representative.
A waiver relating to one event does not constitute a waiver relating to any subsequent event.
Provisions concerning:
shall survive termination of this Agreement.
These Terms together with incorporated Legal Documents constitute the agreement governing your use of the Services and supersede prior representations concerning the same subject matter.
Nothing in this clause excludes liability for fraudulent misrepresentation where such exclusion would be unlawful.
Headings are for convenience only and do not affect interpretation.
These Terms are prepared in English.
Translations may be provided for convenience.
To the maximum extent permitted by applicable law, the English version shall control where a discrepancy exists.
Where mandatory consumer law requires a local-language version to prevail, that law shall apply.
References to:
Financial and digital-asset regulation evolves rapidly.
If a legal or regulatory change affects a Service, NodalBank may:
NodalBank shall not be required to provide a Service where doing so becomes unlawful.
Nothing in these Terms limits NodalBank's ability to take proportionate protective measures where reasonably necessary to prevent:
Such measures may be taken before completion of an investigation where delay could materially increase risk.
Except for rights expressly granted to Users under these Terms or mandatory law, all rights relating to the Platform and Services are reserved by NodalBank.
No provision shall be interpreted as requiring NodalBank to provide a particular product, transaction, feature, account limit or commercial arrangement indefinitely.
By using the Services, you expressly acknowledge and agree that:
Questions regarding these Terms may be sent to:
NodalBank Legal Department
Nodal AI Infrastructures
Trading as: NodalBank
Registered Address: Mysore, Karnataka, India
Privacy Contact:
privacy [at] nodalbank [dot] com
BY CLICKING "I AGREE", OPENING AN ACCOUNT, DEPOSITING ASSETS, SUBSCRIBING TO A PRODUCT OR OTHERWISE USING THE SERVICES, YOU CONFIRM THAT:
YOU HAVE READ, UNDERSTOOD AND AGREED TO THESE TERMS OF SERVICE AND ALL APPLICABLE LEGAL DOCUMENTS.
If you do not agree, you must not use the Services.
End of NodalBank Global Terms of Service and User Agreement