Effective date: 01.07.2026
These Terms and Conditions ("Terms") govern access to and use of the website, products, and services provided by 1519822 B.C. LTD, trading as FluxRemit ("Company", "we", "us", or "our").
By accessing the website, registering for services, submitting information to the Company, or conducting any transaction through the Company, you acknowledge that you have read, understood, and agreed to be bound by these Terms, together with the Privacy Policy, Cookie Policy, AML/KYC Notice, and Complaints Handling Procedure referenced in them. If you do not agree to these Terms, you must not access or use the Company's services.
1. About the Company
1519822 B.C. LTD is a company incorporated under the laws of British Columbia, Canada (Incorporation No. BC1519822), and is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business (MSB Registration No. C100000840) under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
2. Services
The Company provides multi-currency business accounts, cross-border payment services, and foreign exchange conversion, delivered in part through arrangements with regulated banking and payment partners. Certain services described on the website, including corporate virtual cards and virtual currency functionality.
The Company does not provide investment advice, financial advice, legal advice, tax advice, brokerage services, or portfolio management services, and does not guarantee the performance of any service, exchange rate, or settlement time.
3. Eligibility
The Company's services are intended for business entities and individuals legally permitted to use them under applicable law. By using the services, you represent that you have the legal capacity to enter into binding agreements and are not prohibited from using the services under applicable law. Where services are used on behalf of a legal entity, the individual acting on its behalf represents that they hold the authority to bind that entity to these Terms.
The Company reserves the right to refuse, delay, or decline to provide services at its discretion where required by law, regulation, internal policy, or risk management considerations.
4. Onboarding and Verification
Access to services requires completion of identity verification and customer due diligence in accordance with the Company's AML/KYC Notice. The Company may request information and documentation necessary to verify identity, confirm beneficial ownership, establish source of funds or source of wealth, assess transaction activity, or otherwise comply with legal and regulatory obligations, and may request further information at any time during the relationship.
Failure to provide requested information may result in delays, restrictions, suspension of services, refusal of transactions, or termination of the relationship. All information provided must be complete, accurate, current, and not misleading, and customers must promptly notify the Company of material changes.
5. Reliance on Third Parties
Certain account and payment functionality is delivered through regulated banking and payment institutions rather than through the Company's direct participation in payment schemes or clearing systems. The Company is not responsible for losses, delays, or service interruptions caused by third parties beyond its reasonable control. Where a service depends on a specific partner institution, relevant details will be made available to customers as part of onboarding or upon reasonable request.
6. Customer Responsibilities
Customers are responsible for ensuring that all transactions initiated through the Company's services are lawful and duly authorised, for using the services only for legitimate business purposes, and for complying with applicable law. Customers are responsible for maintaining the confidentiality and security of their credentials and account information, and for verifying all payment instructions, including beneficiary and account details, before authorising a transaction.
7. Compliance Obligations
As a regulated money services business, the Company is subject to obligations under the PCMLTFA and its regulations, including customer due diligence, ongoing transaction monitoring, sanctions screening, recordkeeping, and mandatory reporting to FINTRAC. Customers acknowledge that the Company may request additional information, delay or decline a transaction, restrict or suspend an account, or disclose information to FINTRAC or other competent authorities where required by law.
The Company is not liable for delays, losses, or actions taken in good faith to comply with applicable law, regulation, a court order, or a lawful request from a regulatory or law enforcement authority.
8. Prohibited Activities
Customers may not use the Company's services for any unlawful, fraudulent, or deceptive purpose, including money laundering, terrorist financing, sanctions evasion, fraud, or any activity prohibited under Canadian or applicable foreign law.
9. Fees
The Company may charge fees for its services. Applicable fees will be disclosed on the website, in customer agreements, or in transaction confirmations. The Company will provide reasonable advance notice of any change to its standard fee schedule.
10. Limitation of Liability
To the maximum extent permitted by applicable law, the Company is not liable for indirect, incidental, consequential, or special damages arising from use of the services, including loss of profits, loss of business opportunities, or business interruption. Nothing in these Terms limits any liability that cannot be excluded or limited under applicable Canadian law, including the Competition Act or applicable consumer protection legislation.
11. Indemnification
Customers agree to indemnify and hold harmless the Company, its directors, officers, and employees from claims, liabilities, or losses arising from the customer's breach of these Terms, misuse of the services, or violation of applicable law.
12. Force Majeure
The Company is not liable for delays or failures to perform resulting from events beyond its reasonable control, including natural disasters, cyberattacks, changes in law, banking system disruptions, or telecommunications failures.
13. Complaints
Complaints regarding the Company's services are handled in accordance with the Company's Complaints Handling Procedure, available on the website.
14. Governing Law and Jurisdiction
These Terms are governed by the laws of the Province of British Columbia and the federal laws of Canada applicable in it. Any dispute relating to these Terms or the Company's services is subject to the exclusive jurisdiction of the courts of British Columbia, Canada.
15. Changes to These Terms
The Company may amend these Terms from time to time. Updated versions will be published on the website with a revised effective date. Continued use of the services after publication of revised Terms constitutes acceptance of the update.
Contact
Compliance Department, 1519822 B.C. LTD, trading as FluxRemit.
Email: operation@flux-remit.com
Address: 1771 Robson Street, Vancouver, BC V6G 3B7, Canada
