Terms and Conditions
Key Clauses for BPS Platform Usage:
- Technology Role: BPS provides a non-custodial technology interface that allows users to transmit instructions to a Licensed PSI. BPS does not exercise power of attorney or discretionary movement over client capital.
- User Eligibility (Principal Status): The BPS portal is reserved for verified B2B Trading Companies. Every user warrants they are acting as the Principal and legal owner of the account and funds.
- Prohibited Use (No-Nesting): Users are strictly prohibited from using the BPS portal to process payments for third parties or act as a financial intermediary.
- Instruction Transmission: BPS ensures that instructions are transmitted to the Licensed PSI exactly as entered by the user, without modification.
- Service Fees: BPS charges separate fees for its technology services and portal access. These fees are settled directly into BPS's corporate accounts and are never co-mingled with the client's remittance principal or trading activities.