Terms and conditions

Referral Program Conditions
 

1. About Us
   
   These General Terms and Conditions of Use ("GTCU") apply to the Non-Financial Services ("NFS") that InvesTRe S.A. ("InvesTRe") offers via its Moniflo mobile and web applications ("the App") accessible via Android and IOS, to any Internet user (the "User(s)"). InvesTRe is a company domiciled in Luxembourg having its registered office and main establishment at 209, rue des Romains, L-8041 Bertrange. Its trade register number is B249656 and its national registration number is 2020 2206175. Its website is hosted at the following address: www.moniflo.com.  
   

2. The Campaign
   
   Moniflo by InvestRe is offering it’s existing users the opportunity to earn a referral reward in the form of shares (the “Reward”) by referring someone (the “Invitee”) to sign up for a Moniflo account (the “Promotion”). All the Invitee will need to do is complete the steps set out in these terms and conditions (the “Terms”). Anyone who has received an invitation to the Promotion directly from us on a tile in the Moniflo app (an “In-app Referral Invite”) is eligible to refer someone. We’ll also send you an email to the email registered with your Moniflo account setting out everything you need to know (unless you’ve opted out of receiving Moniflo marketing emails).
   
   The Promotion will be available for a specific time frame, determined in the In-app Referral Invite. We call this the “Promotion Period.” Any Reward will only be awarded if all the criteria in these Terms are met by both the selected Moniflo user and their Invitee during the Promotion Period. Sometimes an Invitee may have longer than the Promotion Period to complete the relevant steps – if this applies, the specific date will be confirmed in the In-app Referral Invite.
   
   The terms and conditions that apply to the Promotion are made up of these Terms and the information included in the In-App Referral Invite (the “Promotion Terms”).
   
   This Prize shall be kept within the eligible participant’s Moniflo wallet (“securities account”) for a minimum period of twelve (12) months from the date of receipt.
   

3. What you need to do to earn a reward
   
   Once you receive an In-app Referral Invite, the following steps must be completed:

• Invite friends, family and connections to Moniflo by sharing your personal referral link that can be found in the rewards section of the app.

• You agree you will not (attempt to) mislead anyone in connection with this Promotion.

• When sending referral messages, you agree you alone are the sender of the message, will only send it to people you know, have permission to send it to, will not “spam” anyone with referrals, and will remain compliant with all applicable laws.

• Each Invitee must click on your unique link for you to be eligible for the Promotion.

• We’ll confirm the maximum number of people you can refer as part of the Promotion in the In-app Referral Invite. If you refer more people than this, you will not receive any Rewards for these additional Invitees even if they complete the relevant steps successfully.

• Invitees must successfully complete the step outlined in the ““What does your Invitee need to do for you to earn the Reward?” section of these Promotion Terms within the Promotion Period.
  

4. Variable Rewards
   
   Sometimes, the amount of the Reward may vary for each referral you make during the Promotion Period. If this applies to your Promotion, for each of your Invitees (subject to a maximum amount) who completes the steps set out in the “What does your Invitee need to do for you to earn the Reward?” section of these Promotion Terms within the Promotion Period, we will enter you into a draw to win the Rewards. Where this is the case, you will be rewarded in a randomized manor.
   We will only offer Variable Rewards in markets where we are permitted to do so under local laws and regulations.  

5. What does your Invitee need to do for you to earn the Reward?
   
   For you to be eligible for your Reward, your Invitee must satisfy the below steps before the date set out in the In-app Referral Invite:

• Successfully open a Moniflo account, for the first time, using your unique referral link. (Someone who has previously signed up for a Moniflo account will not earn you a Reward.)

• Top up their account from an external source (like a card top-up or transfer from another bank, not a transfer from another Moniflo account), with the amount stated in the reward program.

• Invest a minimum amount as set out in the conditions of the program, which can be found in the reward section of your app. The required minimum amount is determined by the campaign and can change.

6. What else should I know

• To be eligible for a Reward, you must have an active investing account (meaning
  that your account is not restricted, suspended, or closed) throughout the Promotion and at the time we are due to award your account with any Reward(s).

• We will confirm in the In-app Referral Invite when you can expect to receive any Reward you are due as part of the Promotion.

• We reserve the right to reverse any Reward(s) credited to your Moniflo investing account if we become aware that you have breached these Promotion Terms. We will consider the reversal of any Reward to have been done with your consent and the payment to have been authorised by you.

• If we believe that you have engaged in any fraud or material abuse of the Promotion, we may also, at our sole discretion, take any actions we see fit in the circumstances. For example, it would be a material abuse of the Promotion to orchestrate a campaign to profiteer from the Promotion in a way that does not result in genuine and unique new sign-ups to Moniflo, and so in addition to reversing any Reward(s), we may also close your Moniflo investing account.

• We may change, suspend, or end the Promotion earlier than the end of the Promotion Period if, in our reasonable opinion, the Promotion is being abused or may negatively affect Moniflo's goodwill or reputation, or due to unforeseen circumstances which may make it impossible for us to continue running the Promotion. We may suspend or end the Promotion on an individual or promotion-wide basis.

• If we need to change, suspend, or end the Promotion before the end of the Promotion Period, we will try to give you notice through the app and/or email. Moniflo will not be liable for any loss, whether directly or indirectly suffered, where we are unable to continue running the Promotion as planned. Please contact Support if you believe you qualify for a particular benefit in relation to the Promotion that has not been awarded to you as a result of early suspension or termination.

• By participating in this Promotion, you confirm that you understand that any Reward may be subject to local income tax in the country of your residence and/or in the local territory where you are tax resident. It is entirely your responsibility to pay any tax which may arise from receiving any Reward. Moniflo will bear no liability for any tax obligations which may arise from receiving any Reward as part of this Promotion.

• The terms contained in this specific document are published in English. If they are translated into another language, unless otherwise specified, the translation is for reference only and the English language version applies and can be used in legal proceedings.

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