This analysis describes what Wise's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
The updated terms extend the deadline for reporting transaction errors from 60 days to 120 days for all transactions except Send Money transfers. The 120-day period begins either from the first day you could see the error in your online account history or the day Wise sent the first written statement showing the error, whichever comes first. This change gives account holders twice as long to identify and report discrepancies before losing the right to dispute them.
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You will immediately (i) discontinue your use of the Services if you become placed on any Restricted Party List by designation or ownership and (ii) remove your End Users' access to the Services if your End Users become placed on any Restricted Party List...
You represent and warrant that you will comply with all applicable laws, including export rules.
you are not a person who is barred from using the Services under the laws of the United States, the United Kingdom, or any other applicable jurisdiction — including, for example, that you do not appear on the U.S. Treasury Department's list...
"You represent, warrant and covenant that you are not (a) located in, or a resident or a national of, any country subject to a U.S. government embargo or other restriction...or (b) on any of the U.S. government lists of restricted end users.Excerpt from Wise's Terms of Use (Superseded URL)
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The clause states: “You represent, warrant and covenant that you are not (a) located in, or a resident or a national of, any country subject to a U.S. government embargo or other restriction...or (b) on any of the U.S. government lists of restricted end users.”
ConductAtlas has identified this type of provision across 182 platforms. See the full comparison.
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