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WorldFirst Cashback and Discount Coupon Promotion Terms & Conditions

These terms and conditions (these “Terms and Conditions”) govern the Promotion (as defined below). By participating in the Promotion, you confirm that you accept these Terms and Conditions and agree to comply with them.

1. Definitions and Interpretation

1.1 In these Terms and Conditions, the following words and expressions shall have the following meanings:

1.2 “Cashback Reward” shall have the meaning given to such term in clause 2;

1.3 “Cashback Reward Criteria” shall have the meaning given to such term in clause 1;

1.4 “Coupon” shall have the meaning given to such term in clause 2;

1.5 “Coupon Reward Criteria” shall have the meaning given to such term in clause 1;

1.6 “Eligible Country” means any of the countries or regions supported by the World Account service offered by WorldFirst;

1.7 “Eligible Transaction” shall have the meaning given to such term in clause 2;

1.8 “FX” means foreign exchange;

1.9 “ICC” means the International Chamber of Commerce;

1.10 “Participant” shall have the meaning given to such term in clause 1;

1.11 “Promotion” shall have the meaning given to such term in clause 2;

1.12 “Promotion Period” shall have the meaning given to such term in clause 3;

1.13 “World Account” means the WorldFirst World Account, as provided by WorldFirst;

1.14 “WorldFirst” refers to World First Netherlands B.V.; and

1.15 “World Account Terms” means the prevailing terms and conditions, including the privacy policies, governing the World Account.

 

2. Description of the Promotion

During the Promotion Period, a WorldFirst customer that is registered in an Eligible Country and (i) satisfies the Cashback Reward Criteria may be eligible to receive the Cashback Reward and/or (ii) satisfies the Coupon Reward Criteria may be eligible to receive the Coupon (the “Promotion”).

 

3. Promotion Period

The “Promotion Period” begins at 00:00:01 on 7 May 2024 and ends at 23:59:59 on 30 June 2024 (Amsterdam time).

 

4. Cashback

4.1 A participant in the Promotion (a “Participant“) may be eligible to receive the Cashback Reward, provided:

a. such Participant is registered in an Eligible Country;

b. (1) if it is already a WorldFirst customer, it has not added, or received, funds into its World Account in the 6 month period prior to the Promotion Period; or

(2) if it is not already a WorldFirst customer, during the Promotion Period, it successfully opens a World Account with WorldFirst using the following invitation code as part of the registration process: “BASELINKER24”;

c. during the Promotion Period, such Participant receives funds into its World Account from:

(1) one or more of the following e-commerce platforms: Amazon, eBay, Onbuy, Cdiscount, Etsy, Bol, BackMarket, Rakuten or ManoMano; and/or

(2) the following payment service provider: Stripe,

in an aggregate amount of at least EUR 1,000 (or an equivalent amount in a different currency or currencies) (the “Transaction Threshold”). Funds will only be considered as having been received into the Participant’s World Account when such funds have been received by WorldFirst and/or an affiliate of WorldFirst and credited to such Participant’s World Account(s), and such payments have not been canceled, charged back or disputed within 30 days of completion; and

d. such Participant is one of the first 1000 eligible Participants to meet the Transaction Threshold,

(collectively, the “Cashback Reward Criteria”).

4.2 The “Cashback Reward” is a cashback reward in the amount of 5% of the amount of funds received into the World Account of the relevant Participant pursuant to clause 4.1c. above, up to a maximum amount of EUR 250.

4.3 The Cashback Reward shall be credited to the relevant Participant’s Euro (“EUR”) denominated World Account in EUR by 31 July 2024 subject to the Participant satisfying the Cashback Reward Criteria and successfully passing WorldFirst’s review process. Such EUR account must be valid, open and functioning, and must not be suspended, canceled, and/or terminated, at the time the Cashback Reward is credited to such account.

4.4 WorldFirst has the sole discretion to delay the crediting of the Cashback Reward for any reason that it deems appropriate, including for the purposes of assessing the eligibility of the relevant Participant.

4.5 The Cashback Reward is not transferable or exchangeable for cash, credit, products, or privileges or other benefits or payments in kind, whether in full or in part, and is not refundable or replaceable.

4.6 Should WorldFirst determine, in its sole discretion, that a Participant is not eligible to receive the Cashback Reward or to participate in the Promotion for any reason (including but not limited to a breach of these Terms and Conditions or any applicable laws or regulations, improper use of any information relating to the Promotion, fraud, attempted fraud, or any other illegal or illegitimate activity), or where WorldFirst has knowledge of subsequent events which would mean that the Participant would not have been entitled to receive the Cashback Reward (including but not limited to where the transactions of such Participant were reversed or refunded), WorldFirst has the right to disqualify such Participant and shall not be liable to any such Participant. WorldFirst further reserves the right to claw back the Cashback Reward or to deduct the value of the Cashback Reward from the Participant’s World Account(s).

 

5. Coupon

5.1 A Participant may be eligible to receive the Coupon, provided:

a. such Participant is registered in an Eligible Country;

b. such Participant was not an existing WorldFirst customer and had not applied for a World Account prior to the Promotion Period; and

c. during the Promotion Period, it successfully opens a World Account with WorldFirst using the following invitation code as part of the registration process: “BASELINKER24”,

(collectively, the “Coupon Reward Criteria”).

5.2 A “Coupon” is a coupon that may be used to apply an exclusive FX rate of 0.4% to cross-currency withdrawal or transfer transactions (i.e., a withdrawal or transfer transaction where the customer elects different currencies for the sending and receiving currencies) carried out using the WorldFirst portal (each, an “Eligible Transaction”).

5.3 The Coupons may only be used in the following manner:

a. The Coupons are subject to availability and valid for a limited time only.

b. A Coupon may be applied to each Eligible Transaction completed by the Participant in the two month period beginning on the date of the Participant’s first Eligible Transaction.

c. The Coupons may only be used by eligible WorldFirst customers.

d. A Coupon is not transferable or exchangeable for cash, credit, products, or privileges or other benefits or payments in kind, whether in full or in part, and is not refundable or replaceable.

e. The Coupons are not available for use on mobile applications and may only be redeemed via computer.

f. A Coupon cannot be used in conjunction with other discounts or promotions, unless otherwise stated.

5.4 Should WorldFirst determine, in its sole discretion, that a Participant is not eligible to receive a Coupon or to participate in the Promotion for any reason (including but not limited to a breach of these Terms and Conditions or any applicable laws or regulations, improper use of any information relating to the Promotion, fraud, attempted fraud, or any other illegal or illegitimate activity), or where WorldFirst has knowledge of subsequent events which would mean that the Participant would not have been entitled to receive a Coupon (including but not limited to where the cross-currenct transactions of such Participant were reversed or refunded), WorldFirst has the right to disqualify such Participant from the Promotion and shall not be liable to any such Participant. WorldFirst further reserves the right to claw back the value of a Coupon or to deduct the value of the Coupon from the Participant’s World Account(s).

 

6. Further Terms

6.1 WorldFirst reserves the right to, in its sole discretion, determine and/or decide all matters relating to or arising in connection with the Promotion and/or these Terms and Conditions without prior notice. Any such determination and/or decision will be final and binding.

6.2 To the extent permitted by applicable law, WorldFirst reserves the right to amend the terms of the Promotion, and/or to suspend or cancel the Promotion at any time, without liability to any party. WorldFirst also reserves the right to extend the Promotion Period in its discretion and these Terms and Conditions shall apply to any such extended Promotion Period. Any amendments to the Promotion will be published on the Promotion webpage and/or notified to users in an appropriate manner. Following any change or amendment to these Terms and Conditions, a Participant’s continued participation in the Promotion constitutes its acceptance of the amended Terms and Conditions and the Promotion in force at that time.

6.3 Unless otherwise specified, any transaction amount will be subject to the final amount set out in the transaction record shown on the World Account statement.

6.4 The opening of a World Account and transactions using a World Account are subject to standard compliance requirements and due diligence.

6.5 Each Participant warrants that:

6.5.1 it is legally able to participate in the Promotion according to the laws and regulations applicable to it and has all required authority to do so;

6.5.2 to the best of its knowledge, all information disclosed by it to WorldFirst is complete, true and accurate;

6.5.3 it consents to participate in the Promotion in the capacity of participant and consents to the use and sharing of its personal data by WorldFirst in accordance with WorldFirst’s privacy policy and applicable laws for the purpose of this Promotion; and

6.5.4 it will not use the Promotion in any way that WorldFirst (in its sole and absolute discretion) considers to be unreasonable, unethical, excessive, or in bad faith; or in any way that breaches any applicable local, national, or international law or regulation, or that is in any way unlawful, fraudulent, or wrongful, or has any unlawful, fraudulent, or wrongful purpose or effect.

6.6 Participants shall bear all expenses arising from and/or in connection with participating in the Promotion.

6.7 Any clauses in these Terms and Conditions determined by any court or other competent authority to be unlawful and/or unenforceable will be treated as severed from these Terms and Conditions and will not invalidate other clauses of these Terms and Conditions which will continue in full effect.

6.8 These Terms and Conditions are made for the benefit of WorldFirst and the Participants, and are not intended to benefit any third party or be enforceable by any third party.

6.9 WorldFirst reserves the right, at its sole discretion, to refuse a claim in connection with the Cashback Reward and/or a Coupon if it has reasonable grounds to believe that any of the relevant Participant has:

6.9.1 breached these Terms and Conditions;

6.9.2 misused WorldFirst’s intellectual property rights including trademarks and/or materials;

6.9.3 made any misrepresentations (negligently or fraudulently);

6.9.4 abused the Promotion; and/or

6.9.5 engaged in any illegal or criminal activity in connection with the Promotion or any application for WorldFirst services.

6.10 The World Account Terms shall apply to a World Account user and are to be read together with these Terms and Conditions. Please refer to the World Account Terms for further information. In the event of any conflict or inconsistency between these Terms and Conditions and any of the World Account Terms, these Terms and Conditions shall prevail only to the extent of matters relating to the Promotion. In the event of any conflict or inconsistency between these Terms and Conditions and any terms set out in any marketing materials prepared for the Promotion, these Terms and Conditions shall prevail. While all information provided herein is believed to be correct and reliable at the time of printing or publishing or posting online, WorldFirst makes no representation or warranty whether expressed or implied, and accepts no responsibility or reliability for its completeness or accuracy.

6.11 To the fullest extent permitted by applicable law, under no circumstances will WorldFirst or any of its affiliates be liable under any theory of tort, contract, strict liability or other legal or equitable theory for lost profits, indirect, incidental, special, consequential, exemplary, or punitive damages, each of which is excluded by agreement of WorldFirst and you regardless of whether such damages were foreseeable or whether WorldFirst or any person has been advised of the possibility of such damages. Notwithstanding anything in these Terms and Conditions to the contrary, WorldFirst’s cumulative liability, including for claims, expenses, damages or indemnity obligations under or in connection with its obligations under these Terms and Conditions will not exceed USD$500,000. In no event shall WorldFirst, its affiliates, agents, representatives, directors, officers, or employees be liable for any act or omission resulting from circumstance beyond their reasonable control. To the fullest extent permitted by applicable law, you hereby waive any and all rights to bring any claim or action related to this Promotion beyond one (1) year from the first occurrence of the act, event, condition or omission on which such claim or action is based.

6.12 These Terms and Conditions shall be governed by and construed in accordance with the laws of the Netherlands.

6.13 All disputes arising out of or in connection with these Terms and Conditions, including any question regarding their existence, validity or termination, shall be referred to and finally resolved by arbitration administered by the ICC in accordance with the Rules of Arbitration of the International Chamber of Commerce for the time being in force, which rules are deemed to be incorporated by reference into this clause. The seat of the arbitration shall be Paris, France. The Tribunal shall consist of one arbitrator. The language of the arbitration shall be English.

6.14 For any questions, please call us on +31 (0)20 299 4960 (lines are open 8.30 am until 5 pm (Amsterdam time) on Monday to Friday (excluding public holidays)).