Disburse Terms and Conditions

D. Brankas Disburse Risks

1. In this case, Brankas provides a system that can be used by Users to receive and forward fund transfer transactions from the User’s source account to the designated beneficiary account registered by the User. Relating to that matter, the fund transfer process from the User’s source account to the designated bank account shall continue to follow the system and procedure of the relevant Bank. In cases where a problem occurs in the fund transfer process, and the issue is not within Brankas’ scope, but within the Bank’s side, and thus, it would fall under the responsibility of and should be borne by the Bank.
   
   To avoid confusion, in cases where pending occurs in fund transfer transaction, such issue is within the Bank’s power as the party managing funds and possessing the fund transfer system, whether due to insufficient funds in the source account, or the bank’s system is under maintenance.
   
   In cases where delay occurs in the fund transfer transaction due to Brankas’ system, the funds will not be deducted from the source account because the such a process could not be performed.
2. User is obligated to maintain the security of the User’s Brankas account from unwanted factors, including but not limited to unauthorized access. Brankas is not responsible in events where access data breach/hacking occurs to the User’s Bank account unless it is legally proven caused by Brankas. Brankas continues to implement the necessary steps to ensure the security of Brankas’s service and system.
3. In service operations, Brankas may cooperate with a Third Party. As a user who utilizes the Service, a Registered User will provide Brankas personal information, whether it is to collect or gather data or information from Third Party’s site. Such Third Party’s site is managed by a financial institution where the User has an account, bank with other legal entity. Brankas do not and cannot be borne the responsibility or any accuracy on the information or data managed well by the Third Party be it in accuracy, erasure, failure to send, or failure to store data, communication, etc.
4. Brankas could perform the necessary measures and/or set by the governing laws on User’s Account related to Brankas’ services, including but not limited to not granted access, reviewing, temporary freeing, blocking, or shutdown.
5. In cases where Bank identifies the transaction as a high-risk or suspicious activity, Bank and/or Brankas perform the necessary actions per the governing laws, specifically in relation to Anti Money Laundering and Counter-Terrorism Financing (AML-CTF)