See below for the terms and conditions relating to NM Money's products and services.
Before transacting with us please ensure that you have read and that you accept the corresponding terms & conditions. For enquiries relating to our services or terms & conditions please contact us.
1.1 What these terms cover. These are the terms and conditions upon which you:
(a) purchase Travel Money (i.e. non-sterling currency) from us referred to in these terms as a "Buy Travel Money Transaction"; and
(b) sell Travel Money to us, referred to in these terms as a "Sell Back Transaction", through www.nmmoney.co.uk/travel-money (the "Website") or in one of our branches.
1.2 Why you should read them. Please read these terms carefully before you confirm your order. These terms tell you who we are, how we will provide Travel Money or pounds sterling (“GBP”) (as applicable) to you, how you and we may end the contract, what to do if there is a problem and other important information. If you think that there is a mistake in these terms, please contact us to discuss.
2. INFORMATION ABOUT US AND HOW TO CONTACT US
2.1 Who we are. NM Money - Travel Money is a trading name and trademark of eurochange Ltd. Registered in England and Wales at Russell House, Elvicta Business Park, Crickhowell, Powys NP8 1DF. Company No. 02519424.
2.2 How to contact us. You can contact us by writing to us at [email protected] or Administration NM Money - Travel Money, PO Box 435, Stevenage, SG1 9GA.
2.3 How we may contact you. If we have to contact you we will do so by telephone or by writing to you at the email address or postal address you provided to us in your order. 2.4 ”Writing” includes emails. When we use the words “writing” or “written” in these terms, this includes emails.
2.4 "Writing" includes emails. When we use the words "writing" or "written" in these terms, this includes emails.
3. OUR CONTRACT WITH YOU
3.1 How we will accept your order.
In branch: Before the transaction is confirmed the Sales Advisor will agree the exchange rate with you. Once payment has been received a contract will come into existence between you and us.
Website: As part of the order process you will have reviewed and agreed to the terms and conditions and accepted these by clicking 'confirm order'. Our acceptance of your order will take place when the confirmation page on the website is displayed and/or you receive your email confirmation at which point a contract will come into existence between you and us.
3.2 Your order number. We will assign an order number to your order and tell you what it is when we accept your order. It will help us if you can tell us the order number whenever you contact us about your order.
3.3 Online we only sell to persons who are located within the UK. The Website is solely for the promotion of Travel Money in the UK. Unfortunately, we do not accept orders from or deliver to addresses outside the UK.
3.4 Do not use our service in breach of applicable laws. You must not use our service (as described in these terms) in breach of any applicable law, rule and/or regulation. In submitting orders, you warrant that you are not breaching and do not intend to breach any applicable law, rule and/or regulation whilst availing of the services set out in these terms.
3.5 We are not under an obligation to accept orders. We reserve the right not to accept orders placed with us, at our sole discretion, for any reason.
4. TERMS APPLYING TO BUY & SELL TRAVEL MONEY TRANSACTIONS
4.1 Website Buy Travel Money Transactions. There are three types of Buy Travel Money Transaction which you are able to enter into on the Website, namely:
(a) a Home Delivery Transaction - this is where your exchange rate is agreed online, you pay online via debit card or via bank transfer and your Travel Money are posted via Royal Mail Special Delivery to a residential address within the UK;
(b) a Pay & Collect Transaction - this is where your exchange rate is agreed online, you pay online via credit or debit card or via bank transfer and collect your purchased Travel Money from your requested NM Money branch.
4.2 In Branch Buy Travel Money Transactions. There are three types of Buy Travel Money Transaction which you are able to enter into in an NM Money branch, namely:
(a) an In Branch Transaction – this is where your exchange rate is agreed in branch, you pay in branch via credit or debit card or via cash and your Travel Money, Multi-Currency Cash-Passport received by you immediately after the transaction has been completed.
(b) a Home Delivery Transaction - this is where your exchange rate is agreed in branch, you pay in branch via credit or debit card or via cash and your Travel Money are posted via Royal Mail Special Delivery to an address within the UK;
(c) a Pay & Collect Transaction - this is where your exchange rate is agreed in branch, you pay in branch via debit card or via cash and you collect your Travel Money from the same branch on an agreed date. This is typically when a branch does not have the requested Travel Money in stock.
4.3 Website Sell Back Transactions. There are two types of Sell Back Transaction which you are able to enter into on the Website, namely:
(a) a Postal Sell Back Transaction - this is where your exchange rate is agreed online, we send you a pre-paid self-addressed Royal Mail Special Delivery envelope for you to send us the currency you wish to sell us. We in turn make payment to you via BACS once your currency has been received. Only available in relation to notes (not coins) and to a residential address within the UK (and subject to the conditions set out in clause 4.10 and 9 below);
(b) a Sell Back & Collect Transaction - this is where your exchange rate is agreed online and you visit your chosen NM Money branch and exchange at the agreed rate in branch.
4.4 In Branch Sell Back Transactions. There are two types of Sell Back Transaction which you are able to enter into in Branch, namely:
(a) a Travel Money Sell Back Transaction – this is where your exchange rate is agreed in branch. Your foreign currency will be exchanged into GBP.
(b) a Travelers Cheque Transaction – we accept AMEX Travelers Cheques. Your exchange rate will be agreed in branch. Any foreign currency Travelers cheques will be exchanged into GBP. Any GBP Travelers Cheques will incur a 2.00% commission.
4.5 Exchange Rates. Before placing your order, we shall provide you with exchange rates on the Website or in branch, based on the currency and amount of Travel Money you wish to purchase from us or sell to us. You may, using these exchange rates, place an order for entering into a Home Delivery Transaction, a Pay & Collect Transaction, a Postal Sell Back Transaction and/ or a Sell Back & Collect Transaction by following the instructions on the Website or by speaking to the sales advisor in branch.
4.6 Payment - you must pay us on time. If you enter into a Home Delivery or a Pay & Collect Transaction, you may:
(a) pay us by cash in branch
(b) pay us by debit card on the Website or in branch in which case confirmation of your payment should be instantaneous;
(c) pay us via bank transfer on the website in which case you must ensure that we receive the correct amount of cleared funds into the bank account set out in the order confirmation including the correct reference and by the date and time set out in the order confirmation. The funds must be sent from a bank account in the name of the person placing the order.
Payments by debit or credit card will not incur a surcharge from NM Money but you may be charged by your card issuer – please check their terms & conditions if you are unsure. Debit and credit card payments that are declined by your bank may lead to the funds being set aside as on ‘hold’ by your card issuer. We have no control of this process and are not liable for any difficulties that arise from this.
If your bank transfer is via the faster payments service then we should receive your funds within 2 hours. If your bank transfer is not made by faster payments then we should receive your funds within 2 to 3 working days.
If you enter into a Sell Back & Collect Transaction you must attend the NM Money branch noted on your order confirmation and pay us by the time set out in your order confirmation. Your order will be held by the branch for 4 calendar days.
Failure to pay on us on time is a breach of contract by you and will result in us being unable to deliver the Travel Money, and/or GBP to you at the agreed exchange rate. The agreed exchange rate will expire. We reserve the right to charge you for any losses we incur in keeping the exchange rate open for the period set out in the order confirmation.
4.7 Delivery of Travel Money and/or GBP
(a) you enter into a Home Delivery Transaction, the purchased Travel Money will be delivered to you through Royal Mail’s Next Day Delivery Service;
(b) you enter into a Pay & Collect Transaction, you shall collect the purchased Travel Money from the NM Money branch set out in your order confirmation;
(c) you enter into a Sell Back & Collect Transaction, you shall collect your GBP from the NM Money branch set out in your order confirmation; and
(d) you enter into a Postal Sell Back Transaction, we shall make payment to you in GBP via BACS once your currency has been received by us.
4.8 Minimum and maximum order amounts.
(a) Home Delivery Transactions have a minimum order value of £100 and a maximum order amount of £2,500 sterling;
(b) Online Pay & Collect Transactions have a minimum order value of £100 and a maximum order amount of £2,500 sterling;
(c) Sell Back & Collect Transactions have a maximum order amount of £2,500 sterling;
(d) Postal Sell Back Transactions have a minimum order amount of £100 and maximum order amount of £750 sterling; and
(e) In branch transactions there is no maximum order amount but we will require additional information to comply with Anti Money Laundering legislation.
We reserve the right to amend these amounts at any time at our discretion.
4.9 How we make a profit. We do not charge any commission for your purchase or sale of Travel Money. We make a profit based on the difference between the exchange rate at which we buy and sell currency from our suppliers and the exchange rate at which we buy and sell currency to you.
4.10 Option to purchase our Buyback Guarantee. When placing an online order to enter into a Buy Travel Money Transaction you will be given the option, in return for the payment of £4, of being able to sell back to us up to 30% of your unused Travel Money at the same exchange rate as you bought the Travel Money for, within 30 days of placing that Order. This is referred to in these terms as the "Buyback Guarantee".
Buyback Guarantee can not be used in conjunction with any other promotional offer.
4.11 Receipt of Travel Money from you. Upon our receipt of the Travel Money, all notes will be verified to ensure that they are current, valid and usable. Any forged notes, outdated, outmoded or unusable notes will not be exchanged and may be retained. We reserve the right to refuse to buy back any denomination of foreign currency notes that we do not sell or that have a value of less than £1.
5. GENERAL TERMS
5.1 All orders where we sell currency to you will be rounded up to the nearest suitable denomination.
5.2 Orders for ‘next day’ delivery for Home Delivery Transactions and Pay & Collect Transactions must be completed before 4pm Monday to Friday. Please note that deliveries are not available on public holidays or Sundays. You must allow adequate time before you travel for your delivery.
5.3 By placing an order, you warrant that you are acting on your own behalf and that the information that you provide to us is true and accurate in all respects, that you will not withhold any material information from us, and you will provide us with any information that we may reasonably require.
5.4 We may need certain information and/or documentation from you so that we can supply the Travel Money or GBP (as applicable) to you. For example, verification of your identity or address. We will contact you in writing or when you attend an NM Money branch to ask for this information and/or documentation.
If you do not give us this information and/or documentation within a reasonable time of us asking for it, or if you give us incomplete or incorrect information, we may refuse service, end the contract or make an additional charge of a reasonable sum to compensate us for any extra work that is required as a result. We will not be responsible for supplying the Travel Money and/or GBP late or not supplying all or any part of them if this is caused by you not giving us the information we need within a reasonable time of us asking for it.
6. DELIVERY FOR THE HOME DELIVERY TRANSACTIONS
6.1 All Home Delivery Transaction purchases will be delivered by Royal Mail Special Delivery service (www.royalmail.com/personal/uk-delivery/special-delivery).
6.2 We are responsible for your Home Delivery Transaction up to the point of collection by Royal Mail. Problems at Royal Mail such as service disruptions, delays or failure to deliver are outside of our control and are not our responsibility.
6.3 You accept responsibility for your Home Delivery Transaction when your Travel Money are signed for at your home delivery address or when the Travel Money are collected from a Royal Mail sorting office.
6.4 We do not guarantee next day delivery or that the requested delivery date will be met. We will however use our best endeavours to deliver your order on your requested date. We will not be held liable for any issues, expenses or costs as a result of a delivery not arriving on the date you have stated.
6.5 You can track your order any time by visiting www.royalmail.com/trackdetails, once you receive your confirmation email with tracking details provided which we will send to you as part of the confirmation that your order has been dispatched.
6.6 Failed or missing deliveries will not be immediately refunded and they will be dealt with under the Royal Mail's claims procedure. A refund will only be payable following a Royal Mail investigation and subsequent successful insurance claim that we will make on your behalf.
6.7 Except for Bank Holidays, where a Monday delivery date has been requested, your order will be dispatched on a Friday as Royal Mail do not collect from us on a Saturday or Sunday. As such you may receive your package on a Saturday.
6.8 An option is available to request a Saturday delivery for an additional fee. However, we cannot guarantee Royal Mail will fulfil this request. We will be unable to refund the additional fee should your delivery not arrive on a Saturday.
6.9 You must refuse to accept any packages which appear to have been tampered with or damaged during transit by Royal Mail. Should you sign for a package which has been damaged or tampered with, you may incur financial loss, for which we are not responsible.
6.10 We cannot accept any responsibility for fraudulent acts committed by a third party.
6.11 There is no delivery charge for Home Delivery Transactions with a value equal to or more than £600. If you enter into a Home Delivery Transaction with a value of less than £600, you will be charged a delivery fee of £3.95. An additional delivery fee will be payable for delivery on a Saturday. This additional fee will be detailed during the order process.
6.12 Home Delivery Transactions can only be delivered to residential addresses in the United Kingdom. It is important that you are present to sign and accept delivery for your order.
6.13 If the delivery address is that of a multiple occupancy building then be aware that Royal Mail will deliver to the reception or other delivery point. We are not responsible for deliveries for which Royal Mail has obtained a signature at your delivery address but which you have not received.
6.14 The Royal Mail has some restrictions on its Special Delivery service, please refer to the Royal Mail website www.royalmail.com for details of up to date restrictions.
6.15 If no one is available at your address to take delivery, Royal Mail will leave you a note informing you of how to rearrange delivery or collect the Travel Money from a local depot. It is your responsibility to arrange this.
7. ADDITIONAL TERMS APPLICABLE TO THE PAY & COLLECT TRANSACTIONS
7.1 If you enter into a Pay & Collect Transaction you will be required to produce the relevant order confirmation page or confirmation email.
7.2 For Pay & Collect Transactions only, you will be required to produce:
(a) the debit or credit card that you used to make your payment; and
(b) one of the following forms of identification:
(ii) Photo card driving licence; and
(iii) National ID card.
We reserve the right to PIN authenticate the credit or debit card used for payment. There will be no additional charge for this PIN authentication.
7.3 We are unable to accept any other forms of identification other than those listed. We are not able to release Travel Money for Pay & Collect Transactions to anyone other than the cardholder.
8. POSTAL SELL BACK
8.1 A Postal Sell Back Transaction can be initiated by completing an online request form. We will provide you with an indicative exchange rate which will remain valid for 10 days.
8.2 The minimum value of a Postal Sell Back Transaction is £100 and a maximum of £750 sterling.
8.3 The GBP sterling value is based upon the stated total value of the currency notes being returned, subject to all the notes being current, valid and usable. Any forged notes, outdated, outmoded or unusable notes will not be exchanged and may be retained. We reserve the right to refuse to buy back any denomination of foreign currency notes that we do not sell or that have a value of less than £1. We do not accept coins via Postal Sell Back.
8.4 We will send you a pre-paid envelope and an order form to complete. You should complete the order form, and enclose it in the pre-paid envelope along with the currency you wish to sell back to us. The pre-paid envelope must be handed into a Post Office who will provide a receipt and tracking reference. Only our pre-paid envelope can be used to send your currency and Sell Back order form to us.
8.5 The maximum envelope value is £750.00. It is your responsibility to ensure that this value is not exceeded. Your envelope will only be insured up to the value of £750.00.
8.6 We are responsible for the currency in your Postal Sell Back Transaction from the point the envelope is signed for by us at our processing centre. Problems at Royal Mail such as service disruptions, delays or failure to deliver are outside of our control and are not our responsibility.
8.7 We do not guarantee next day delivery to us of the pre-paid envelope you send back to us. We will not be held liable for any issues, expenses or costs as a result of delivery not arriving with us or its delivery to us being delayed or lost.
8.8 You can track your envelope by visiting www.royalmail.com/trackdetails using the tracking reference provided to you by the Post Office.
8.9 We have no responsibility for any failed or missing deliveries which will be dealt with under the Royal Mail’s claims procedure. Payment to you will only be made following a Royal Mail investigation and subsequent successful insurance claim that we will make on your behalf and only up to the value of £750.00 per envelope. You will need to provide us with the Post Office receipt and tracking reference and any other assistance which we may need in order to process the insurance claim with the Royal Mail. In these circumstances we will only pay you what we actually receive from the Royal Mail in relation to your envelope.
8.10 If you have purchased Buyback Guarantee, please also include confirmation of your purchase when completing your Postal Sell Back order form. Providing your Buyback Guarantee is valid on the date we receive your currency, it will be applied to Postal Sell Back order.
8.11 If your currency is not received by us within 10 days of completion of the online request form, the indicative exchange rate provided when you completed the online request form will be replaced with the online Postal Sell Back rate on the day that your currency is actually received by us.
8.12 Payment will be made via BACS to the nominated account details provided by you. Payment may take up to 5 days to credit your account.
8.13 It is not possible to cancel a Postal Sell Back Transaction once you have handed the pre-paid envelope containing your currency and order form into a Post Office.
Should you wish to cancel your Home Delivery or Pay & Collect order you will be issued a refund minus a £10 cancellation charge. If you fail to collect your Pay & Collect order within 4 days of your chosen collection date, you will also be charged the cancellation fee. Please note that any charges applied by your card provider to you will not be refunded. If after your order is cancelled you still want to purchase Travel Money from us a new order will need to be placed. Home Delivery orders cannot be cancelled after 1pm on the day of dispatch. Orders can be cancelled by sending a cancellation request to [email protected] If your order was placed in branch you will need to contact your local branch. Please note that the provision of foreign currency involves special risks which may affect the value of an order placed by virtue of fluctuation in exchange rate as a result of changes in financial markets. Please note that such changes are outside of the control of NM Money and, in extreme situations and without prior warning, may affect the provision of this Service. In such cases, NM Money shall have the right to cancel your order. If this occurs, NM Money will endeavour to notify you as soon as is reasonably possible by telephone or email to enable you to re-enter your order. You will not be charged the £10 cancellation fee in these instances.
10. FEEDBACK / COMPLAINTS PROCEDURE
10.1 We are committed to providing high quality and great value foreign exchange services. We pride ourselves in the high standard of service we offer so your feedback is very important to us.
10.2 To feedback your comments or register a complaint please email [email protected] outlining your comments or complaints, please quote any reference numbers that have been issued to you to enable us to handle your comments / complaint effectively.
11. OUR RESPONSIBILITY FOR LOSS OR DAMAGE SUFFERED BY YOU
11.1 We are responsible to you for foreseeable loss and damage caused by us. If we fail to comply with these terms, we are responsible for loss or damage you suffer that is a foreseeable result of our breaking this contract or our failing to use reasonable care and skill, but we are not responsible for any loss or damage that is not foreseeable. Loss or damage is foreseeable if either it is obvious that it will happen or if, at the time the contract was made, both we and you knew it might happen, for example, if you made us aware of the risk during the sales process.
11.2 We do not exclude or limit in any way our liability to you where it would be unlawful to do so. This includes liability for death or personal injury caused by our negligence or the negligence of our employees, agents or subcontractors; for fraud or fraudulent misrepresentation.
11.3 We are not liable for business losses. We only supply our services for domestic and private use. If you use our services for any commercial, business or re-sale purpose we will have no liability to you for any loss of profit, loss of business, business interruption, or loss of business opportunity.
12. FOREIGN CURRENCIES AND RATES
12.1 The NM Money online travel money service is only available for the currencies listed at the moment of order on the website. Currencies may be unavailable from time to time. The exchange rates quoted by NM Money on the website are updated daily but may be updated at any time. Should extreme fluctuation in the exchange rate occur between you placing your order and the dispatch of your order, NM Money shall have the right to cancel your order as per Section 10 (Cancellations). In this instance the £10 cancellation charge would not apply.
12.2 Currencies are subject to availability - if not in stock currencies can be ordered in. To secure the rate you will need to pay for the currency at the time of the order. You should be aware that the historical performance of a foreign currency is no indicator of its future performance. Please note that foreign currency availability may be subject to monetary limits, currency exchange restrictions and anti–money laundering regulations.
13. PROMOTION CODES
Throughout the year we offer various promotional codes giving special rates on Travel Money. Promotional codes can be used online or in branch if applicable until they expire. Only one promotional code can be used per transaction and per customer.
14. HOW WE MAY USE YOUR PERSONAL INFORMATION
14.2 In line with GDPR requirements, the following details why we collect your personal information and how we process it:
(a) to supply the Travel Money (as applicable) to you;
(b) to arrange for the delivery of your Travel Money and/or Postal Sell Back pre-paid envelope including passing your name and address onto Royal Mail;
(c) to process your payment;
(d) to send GBP to your bank account; and
(e) to send you information about services from the NoteMachine Group of companies if you have registered with us and have opted in to marketing preferences.
You may stop receiving such information by updating your marketing preferences via our website or by contacting us at [email protected] outlining what you would like to stop receiving.
(f) MasterCard for the Multi-Currency Cash-Passport
(g) NM Mortgages if you request a Mortgage appointment
(h) Western Union for their terms and conditions of processing a transaction
14.3 We will only give your personal information to third parties where the law either requires or allows us to do so. When placing an order your identity is verified using electronic systems in accordance with anti-money laundering regulations. In addition to electronic verification, documentary proof of identity may be required. If we have requested personal data it has been recorded in connection with your transaction and only for the purposes of preventing money laundering or terrorist financing, unless you have given permission otherwise as part of our customer registration process.
14.4 Upon completion of your transaction with NM Money, both online and in branch, you will be sent an email request for a review of your experience via the third party Trustpilot. This is not a marketing email, it is a request for a review of our service. You will receive a follow up email if you do not respond to the first review request. You can unsubscribe from Trustpilot at any time by clicking the link in the footer of the email – this includes all review invitation emails from all merchants using Trustpilot’s review invitation service.
14.5 Upon completion of your transaction with eurochange, both online and in branch, your name, email address, telephone number (if provided), and some basic transactional data, will be shared with certain trusted third party providers which includes Google and Facebook for profiling and analytical services. Your data will be cross referenced against online and social media services to identify your shopping habits. We use your data in this way to ensure that we are providing the best service and products for our customers, and to establish the effectiveness of our online marketing campaigns. You can unsubscribe by emailing [email protected] at any time.
15. OTHER IMPORTANT TERMS
15.1 We may transfer our rights and obligations under these terms to another organisation.
15.2 You may only transfer your rights or your obligations under these terms to another person if we agree to this in writing.
15.3 This contract is between you and us. No other person shall have any rights to enforce any of its terms.
15.4 All conditions, warranties and remedies imposed or implied by any applicable laws are expressly excluded.
15.5 If a court finds part of this contract illegal, the rest will continue in force. Each of the paragraphs of these terms operates separately. If any court or relevant authority decides that any of them are unlawful, the remaining paragraphs will remain in full force and effect.
15.6 Even if we delay in enforcing this contract, we can still enforce it later. If we do not insist immediately that you do anything you are required to do under these terms, or if we delay in taking steps against you in respect of your breaking this contract, that will not mean that you do not have to do those things and it will not prevent us taking steps against you at a later date. For example, if you do not provide us with information or pay us on time and we do not chase you but still provide the Travel Money, GBP (as applicable), we can still require you to provide the information or make the payment at a later date.
15.7 These terms are governed by English law and you can bring legal proceedings in respect of these terms in the English courts. If you live in Scotland you can bring legal proceedings in respect of these terms in either the Scottish or the English courts. If you live in Northern Ireland you can bring legal proceedings in respect of these terms in either the Northern Irish or the English courts.
We are Eurochange Ltd (trading as NM Money). We offer payment services through our network of Eurochange and NM Money bureau de change on the Terms and Conditions set out below. Please read these Terms and Conditions carefully.
'Beneficiary' means the person to whom You are sending Funds to, 'EEA' means the European Economic Area. 'Funds' means the amount of funds as set out in your Order to be transferred to the recipient specified by You. 'Intermediary Bank' means a bank or a payment institution which is involved in the transfer of Funds from Us to Your recipient’s bank or payment institution. 'Order' means a request from You for the provision of Our payment services via a Eurochange Ltd bureau de change, this includes Eurochange and NM Money bureau de change. 'Personal information' means the information that We collect from You when We provide You with Our payment services. 'Value Date' means the date on which Your Funds will be received by Your Beneficiary. 'We, Us or Our' means Eurochange Ltd, registered in England and Wales under company reference 02519424 and registered at Russell House, Elvicta Business Park, Crickhowell, Powys NP8 1DF. VAT Registration Number GB 760881707. 'You, Your' means You, Our customer who transacts a Quick Transfer at a Eurochange or NM Money bureau de change.
You may place an Order at any Eurochange Ltd bureau de change to purchase foreign currency from Us and to transfer that foreign currency to the Beneficiary specified by You. This is for personal transactions only to make infrequent payments overseas, We operate frequency monitoring and limit number of transactions. Subject to Us accepting Your Order and to Us being in receipt of Your funds, We will deliver that foreign currency by electronic means to the Beneficiary’s bank account that You specify in Your Order. The exchange rate applied to Your Order will be the exchange rate provided to You by a member of Eurochange Ltd staff at the time You place Your Order with Us. If You place an Order that exceeds the payment limits set by Us for Our payment services, we will not accept Your Order. We may request further information from You after You have placed your Order to assist Us with processing Your Order and to comply with Our legal obligations. We will use various procedures in order to verify and authenticate Your Order and may at any time, decline to process Your Order.
By entering into these terms You acknowledge that many international payments incur overseas delivery charges applied by intermediary Banks involved in the delivery of Your Funds: EEA Quick Transfers. If you are making a Quick Transfer within the EEA, you and the Beneficiary must pay your own bank charges. The Beneficiary’s Bank may not deduct its charges on a Quick Transfer within the EEA.
Non-EEA Quick Transfers. For non-EEA Quick Transfers, the Beneficiary’s Bank may deduct its charges from the Quick Transfer amount before it is made available to Us. You have the option to pay all of these charges in advance to ensure, as far as possible, that the Beneficiary receives the amount that You require. Unfortunately, We are not able to guarantee that the full amount will be credited to the Beneficiary Account on the Value Date, without a further deduction of charges.
The amount of the charges and the time taken for Quick Transfers to be credited to an account varies. Our staff will be able to advise you of the level of charges applied and timeframes before you instruct your payment. Typically, the Quick Transfer should be credited to the account by the end of the business day following the time of receipt of the payment order. If the transaction is carried out in a currency other than Euro (€) or Pounds Sterling (£), or involves more than one currency, then the amount must be credited to the account by the end of the fourth business day following the time of receipt of the payment order. You are responsible for any taxes that may apply in relation to Your Order. We shall not be responsible for determining what, if any, taxes apply to a payment initiated by an Order from You.
Before We request Your Funds, You will be provided with a preview of Your Order. The preview will confirm all of Your Order details and it is Your responsibility to check Your Order before it is processed by Us. Upon signing Your Order preview You are confirming that all information provided by You has been captured correctly by Us, We shall not be liable for any losses, costs, charges or expenses incurred by You or any third party as a result of any information captured by Us incorrectly after You have signed Your Order preview.
Your payment to us
In consideration for Us providing Our payment services to You, You agree to pay Us the Funds and applicable charges owing to Us in Cash or by Card. If as a result of an error or omission caused by You We receive an amount that is less than the value of the Funds and the applicable charges due to Us, We will request for the underpaid Funds to be forwarded to Us and may amend the amount due to Us as a result of exchange rate fluctuations. You may be requested to pay by card for large transactions.
Confirmation of your order
You will be provided with a receipt for Your Order setting out the relevant details including: the amount of the Order shown in the currency in which it was paid; the amount of charges for the Order; the exchange rate used in the Order; and the date of the Order. We will also send You an email confirming these details to the email address that You have provided to Us. If You do not receive an email from Us within 24 hours from placing Your Order, You must inform Us immediately. Orders received after the cut-off time of midday or on a day other than a business day will be deemed to have been received on the next business day.
Delivery of funds
Once an Order has been received and accepted by Us and We are in receipt of cleared Funds, We will deliver the Funds to the Beneficiary specified in Your Order. You are solely responsible for providing Us with the correct information relating to Your transaction. We shall not be responsible for a delay in the delivery of the Funds which is caused by You or any third party. We shall not be liable for any losses, costs, charges or expenses incurred by You or any third party as a result of such delay when carrying out a Money Transfer in euro to a person with an account at a bank within the EEA or the UK. We will ensure that the amount that You have requested to be sent will reach the Beneficiary’s account no later than one Working Day after We received Your payment Order and cleared Funds. For Money Transfers to outside of the EEA or the UK, We will ensure that the amount will be delivered to the Beneficiary’s account within four working days after We have received the payment Order and cleared Funds.
If You ask Us to make a payment to an account in a bank in the EEA and that bank confirms that it did not receive payment then We will refund the amount of the payment and return You to the position You would have been in if the payment instruction had not been made. However, a refund will not take place if We can show that the money was received by the other person’s bank or if there was a mistake in the details provided by You in respect of the instruction. In such an instance We will make reasonable efforts to recover the funds and notify You of the outcome. If You ask Us to make a payment to an account of a bank outside the EEA and the bank does not receive the payment because of an error caused by Us then We will refund the amount of the payment. If We can show that We have carried out the instruction as per Your request then We will make reasonable efforts to recover the funds and notify You of the outcome.
Where the payment has not been released by Us, We will cancel Your Order as per Your instruction and advise You of the cancellation. You agree to indemnify Us against all reasonable losses, costs, damages, charges and expenses incurred by Us in connection with Your cancellation.
We may refuse to provide You with Our payment services and/or cancel an Order that You have placed with Us if:
These Terms and Conditions will expire automatically in relation to a particular Order following delivery of the Funds by Us to the Beneficiary bank account specified in that Order. The expiry of these Terms and Conditions shall not affect Our rights and liabilities or Your rights and liabilities or affect the coming into force or the continuance in force of any provision which is intended to come into or continue in force on or after the expiry of these Terms and Conditions.
In order to comply with Our obligations under anti-money laundering legislation (including for the avoidance of doubt the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017), We are required to verify Your identity. We will carry out anti-money laundering checks on You by using an electronic verification system and by other means that We consider necessary. On Our request, You agree to provide Us with evidence of Your identity and/or proof of Your residential address. Sometimes legal or regulatory authorities require additional information, either in respect of organisations or particular transactions. You agree to supply information, which any legal or regulatory authority may require and/or which We may be required to supply at any time in relation to You and any Order made by You. Furthermore, You understand that the Beneficiary’s banks may hold up Your payment whilst additional anti-money laundering checks are completed. You accept this is beyond Our control and We shall not be responsible for a delay in the delivery of Your Funds.
We shall not disclose to any third party any of Your confidential information except where it is necessary to provide Our payment services and We shall not use any of Your confidential information for any purpose other than to provide Our payment services to You. Our obligation of confidentiality to You shall not apply to any information to the extent that:
You warrant to Us that in placing an Order with Us:
You agree to indemnify Us against any and all losses, damages, costs and expenses incurred by Us in relation to any Order by You, except where such loss results from Our negligence or a breach of Our obligations to You under these Terms and Conditions. We use reasonable care and skill in providing our payment services to you however, we will not be liable for any losses You suffer or costs that You incur when:
We will process a refund as soon as practicable, and in any event no later than the end of the business day following the day, after we receive notification from you. Nothing will limit Our liability to You for death or personal injury arising out of Our negligence or fraudulent misrepresentation or misstatement or affect Your statutory rights. The limitations of liability in these Terms and Conditions shall not apply to any damages arising from death or personal injury caused by the negligence of Eurochange Ltd or any of its employees or agents or for fraud. If any provisions of these Terms and Conditions are held to be unlawful or unenforceable then such provisions shall fall away and shall not affect the validity and enforceability of the remaining Terms and Conditions. This does not affect Your statutory rights.
We will not in any circumstance be liable for any loss of business, goodwill, reputation, opportunity or profit or any loss that We could not have reasonably anticipated at the time You gave Us Your instruction. Where You believe that We have performed a Money Transfer incorrectly or without authorisation then You must inform Us of same without undue delay and in any event, within 13 months on becoming aware of any unauthorised or incorrectly executed payment transaction. As per the Regulations, if We are not notified within 13 months, We cannot be held liable. Provided we are notified within these timescales then We will refund to You the amount of the non-executed or defective payment transaction. We will also refund to You: (a) any direct charges for which You are responsible; and (b) any interest which You must pay, as a consequence of the non-execution or defective execution of the payment transaction.
We may assign Our rights under these Terms and Conditions at any time, which will not affect Your legal rights.
These Terms and Conditions shall be read and construed in accordance with the laws of England and Wales. Any disputes arising from the use of Our payment services shall be resolved exclusively in the English Courts.
We pride ourselves on the high standard of service we offer so your feedback is very important to Us. We have established internal procedures for investigating any complaint that may be made. For a copy of our complaints procedure please write to [email protected] or call us on +44(0) 0333 240 1691. We will make every possible effort to address all points of complaint by email. We will respond within 15 business days upon receiving the compliant. If a full response cannot be provided within these timeframes, We will send a holding reply with a full response to follow within 35 business days. If, after having reviewed Our final response You are still not satisfied, You may be able, if You are an Eligible Complainant and Your complaint relates to a Money Transfer (as opposed to a Trade), to refer Your complaint to the Financial Ombudsman Service (the “FOS”), details of which are available on the following link www.financial-ombudsman.org.uk/consumers/how-to-complain. You can also call the FOS on 0300 123 9123 or write to them at Financial Ombudsman Service, Exchange Tower, London, E14 9SR.
Service names and marks presented on this site are those of insurance carriers, brokers, agents, industry organisations, service providers and educational institutions, which are service marks of their respective entities.
NM Money - Mortgages is a trading name and trademark of NM Mortgages Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA) and entered on the Financial Services Register (FRN 486916) at fca.org.uk/register. NM Mortgages Ltd is registered in England and Wales with registered office address Russell House, Elvicta Business Park, Crickhowell, Wales, NP8 1DF and company number 05336870.
NM Money Limited quotes are verified through extensive internal and insurance company testing. NM Money Limited quotes use information consumers provide on our detailed questionnaires. However, these quotes could change based on additional or contradictory information that emerges during the final insurance underwriting process.
You must be 18 years old or over to conduct any Western Union transactions
To conduct a Send transaction you must have photograghic ID* (This can be scanned and retained for future use if requested, meaning you will not need this for subsequent transactions), the receiver’s full name and country of receipt. Payment may be made either in cash or by bank debit card.
To receive money you must have photographic ID*, the sender’s name, the Money Transfer Control Number (MTCN) given to sender at the time of sending and the approximate expected value of the funds.
These are the Terms & Conditions for online transactions:
If we cannot verify your items as gold (or if we do not want to purchase then from you for some other reason) or if you do not decide to accept our offer, we will return your items to you by Royal Mail Special Delivery Envelope [at our expense and will insure it up to a value of £750].
From time to time we may ask for proof of identification from you before processing your offer to sell your items, this may be in the form of:
(a) to arrange for the delivery of your pre-paid envelope including passing your name and address onto Royal Mail;
(b) to process any payment to you or to return your items to you;
(c) to send GBP sterling to your bank account; and
(d) to send you information about services from the NoteMachine Group of companies if you have registered with us and have opted in to marketing preferences.
You may stop receiving such information by updating your marketing preferences via our website or by contacting us at [email protected] outlining what you would like to stop receiving.
These are the Terms & Conditions for in branch transactions:
What these terms cover. These are the terms and conditions upon which you:
Why you should read them. Please read these terms carefully before you confirm your order. These terms tell you who we are, how we will provide Gold or pounds sterling (“GBP”) (as applicable) to you, how you and we may end the contract, what to do if there is a problem and other important information. If you think that there is a mistake in these terms, please contact us to discuss.
We will beat any formal written quote when buying your gold items. To do so, we require a formal, written and dated quote from the competitor. The competitor must be situated in the same town and no more than 5 miles from our branch. The quote must be from and valid for the day of your transaction/enquiry.
These terms and conditions shall apply to You and Your use of the Website. By using the website, You agree to be bound by the terms and conditions set out below and if You do not wish to be bound by these terms and conditions You should not use the website. We reserve the right to alter these terms and conditions from time to time but if We do so, We shall post any such changes on the website. Your continued use of the website shall constitute acceptance of the amended terms and conditions.
Advised Complex Will: Means a Will where Your requirement exceeds the scope and definitions of a Simple Will, is unable to be reproduced through the Online Will Service and/or requires qualified advice in relation to the use of trusts, tax planning and other specific needs.
Complimentary: Means access to the Online Will Service where payment for the creation and production of a Simple Will is not required.
Draft Will: Means a version of Your Will created, based on Your answers to the questions You have entered in response to questions asked in the Online Will Service which may be amended as required before your Final Will is determined and produced.
Final Will: Means the Verified version of Your Draft Will, which is the legal declaration of Your wishes as to the disposition of Your property or estate after Your death which is ready for signing, dating and witnessing.
Online Will Service: Means the online questionnaire and data capture form located at portal.nmmoney.co.uk where You enter the information required to create and produce a Simple Will.
Promotional: Means access to the Online Will Service where payment is required for the creation and production of a Simple Will
Simple Will: Means a Will that can be produced through the Online Will Service and disposes of Your estate to a maximum of six beneficiaries without the use of trusts/or advice in relation to trusts or tax planning.
The Service: Means
User(s): Means a person eligible for a complimentary Will, who has/have registered their details and has access to the Online Will Service.
Verified: Means You have checked the content of Your Draft Will and confirmed that it is a complete and accurate representation of Your wishes in relation to the distribution of Your property or estate upon Your death.
We/Us/Our: Means NM Mortgages Limited. (NM Money)
Website: Means any domain registered to NM Money which provides the Online Will Service.
Will: Means a legal declaration of a person’s wishes as to the disposition of his or her property or estate after their death.
You/Your: Means the User(s) of the Website and the Online Will Service.
You will not do anything that affects the integrity or security of this Website or causes or may cause harm, damage or unreasonable inconvenience to other Users of this Website or Us; and You will not gather, extract, download, reproduce and/or display or advertise on any other Website, other online or off-line service or otherwise, any material on or from this Website, including but not limited to information relating to Wills, whether that information has been gained by the use of spiders, data mining, trawling or other ‘screen scraping’ software or system used to extract data. If You breach any of the provisions set out above, We may take such action as We deem appropriate, including denying You access to the Website, bringing legal proceedings against You and disclosing information to appropriate legal and/or regulatory bodies.
The website supplies functionality enabling You to produce a Legal Document with a degree of customisation. Information and documentation supplied is to guide in the creation of Legal Documents but does not constitute legal, financial or tax advice. The functionality and information supplied for Your use in generating Your Legal Document is unable to cover all individual circumstances. Should You be unsure on how such a Legal Document might affect You, We recommend that you obtain legal advice from a solicitor prior to signing the Legal Document. Any Legal Document produced by this site and executed without first obtaining legal advice or doing your own thorough legal research is done so entirely at Your own risk, and You accept full responsibility should it prove to be unsuitable to your circumstances. Specialist legal advice should always be sought in relation to any particular circumstances.
The Legal Documents generated by the Service are designed to be suitable for the application of the laws of England and Wales. If You live or have assets outside England and Wales then You execute any document purchased using the Service entirely at Your own risk. We will not normally process refunds for clients who have ignored or chosen not to read our comprehensive advice on this subject. All communication that We send to You will assume that You have read this notice. Statutory changes and constant changes due to case-law and/or ‘reinterpretation’ of existing precedents, results in Us not being able to guarantee that the Legal Documents or information will be up to date, complete or accurate and You agree to regularly review Your Will in light of the above.
The process permitting You to produce Your Legal Document(s) involves the use of an online 'questionnaire' which incorporates ‘Guidance Notes’ both in the questionnaire itself and via an appropriately titled link in the questionnaire. The reading and interpretation of the ‘Guidance Notes’ and the correct application of the advice therein to Your particular situation is Your responsibility. Should You encounter any problems using the Service then You can seek assistance by contacting Us. We shall in no way be liable should You fail to read or correctly follow these instructions. Our reply should never be taken as containing any legal, financial or tax advice or opinions. If You require advice We can provide details of one of our partners who may be able to assist you.
You must only use the Website for Your personal use. It is Your responsibility to ensure that all information You supply to Us or enter onto the Website is complete and accurate in all respects, so please double-check Your information before submitting it. You will need to answer a number of questions in order obtain a Will on the Website. These questions are designed to ensure that We have all of the information necessary to provide You with accurate, appropriate and timely information. Where You use the Online Will Service to make a Will or Wills it is Your responsibility to determine the extent of Your estate and it is Your responsibility to determine and make available to Your personal representatives proof of property ownership and to evaluate the nature and repercussions of any jointly-owned property. The Legal Documents generated by the Service are designed to be suitable for the application of the laws of England and Wales. If You live or have assets outside England and Wales then You execute any document purchased using The Service entirely at Your own risk and You should take legal advice concerning those assets and how they will be dealt with on Your death in the jurisdiction which they or You are based. If You make amendments to Your legal document(s) after they have been checked by Us, and then re-generate the documents whilst declining the opportunity to have one of our Will writers check the amended legal document(s), then You do so entirely at Your own risk and We shall not in any way be liable for any consequences. The Will generated by You, is based upon Your marital status at the time of making Your Will. If You are intending to marry or divorce, You will need to make a new Will afterwards. This is because marriage will invalidate a Will and divorce will invalidate certain parts of the Will. If You leave a gift in Your Will, You must still own it at Your death in order for it to be dealt with under Your Will. Similarly, if You leave a monetary gift (which may or may not rise with inflation); please note that should the total value of all cash sums exceed the value of Your estate, after the deduction of any debts and taxes, the sums will be calculated pro-rata to the actual value of Your estate on death. Except where expressly stated, all corrections and amendments to legal documents are Your responsibility and must be carried out by logging back into the Online Will Service, working through the appropriate questionnaire, and re-generating new versions of Your legal documents (which must then of course be downloaded, printed, signed and witnessed). It is Your responsibility to ensure that the Will is duly witnessed and signed to ensure the validity of the document and We accept no liability for this unless specifically requested by You to advise and assist in the attestation of the Will. Our normal communication with You - including the comments of a Will writer on reviewing Your legal document(s) - will be via email unless advised otherwise. It is Your responsibility to ensure that Your ‘spam’ filters do not block emails from Us and to act on any comments made - which will be given without liability. It is Your responsibility to enter Your email address correctly when You use The Service and, should Your email address change, to amend it. We will not be responsible for the failure of any communication from Us to reach You as a result of You having incorrectly entered Your email address or failed to keep it up to date.
All information, data and copyright material contained on this Website, including any trademarks (whether officially registered or unregistered), trade names, brands, logos and devices belong to Us or to people whom We have given ownership or permission to use such information data and/or copyright material. You must not use such information or copyright material unless You have written permission from Us or the owner to do so. You may download or copy the content and other downloadable items displayed on this Website for personal non-business use only, provided that You are not otherwise breaching these Terms and Conditions.
We make no representations or warranties of any kind in relation to the accuracy, completeness, or suitability for any purpose of any information or graphics published in this Website or otherwise in respect of the Website or its contents. The information contained in this Website may contain technical inaccuracies or typographical errors. All Our liability howsoever arising for the content of the Website and its accuracy, completeness or suitability or for any misrepresentation or breach of contract in respect of the Website or its contents is expressly excluded to the fullest extent permitted by law. We make no warranty that the Website or any linked Website is free from viruses or other malicious computer problems. You are responsible for ensuring that You use the appropriate virus checking software. Neither We nor any of our employees or other representatives will be liable for loss or damage arising out of or in connection with the use of the Website. This is a comprehensive limitation of liability that applies to all damages of any kind, including (without limitation) compensatory, direct, indirect or consequential damages, loss of data, income or profit, loss of or damage to property in claims of third parties. Notwithstanding the foregoing, none of the exclusions and limitations under this section are intended to limit any rights You may have as a consumer under local law or other statutory rights which may not be excluded or in any way to exclude or limit our liability to You for death or personal injury resulting from our negligence or that of our employees or agents. Neither We nor our suppliers or affiliates will be liable to You in contract, tort (including negligence) or otherwise for any indirect, consequential, special or incidental damage or loss arising from Your use of or inability to Use the Website (including any of its contents) and/or any Legal Document, including (without limitation) loss of business or profits or anticipated savings, loss or corruption of data, loss caused by a virus, loss of or damage to property, claims of third parties, fines or penalties levied by any taxing or other authority or any other loss or damage. In particular, neither We nor Our suppliers or affiliates will be liable for any Inheritance Tax liability incurred by Your Estate as a result of the interpretation of Your Will by the appropriate Tax authorities. You acknowledge that You are in a better position than Us to foresee and evaluate any potential damage or loss that you may suffer in connection with Our site and that We, therefore, cannot adequately insure against such liabilities. Notwithstanding the foregoing, Our liability (including that of Our affiliates and suppliers) to You in respect of losses or damages arising directly or indirectly from Your use of or inability to use the Website (including any of its contents) and/or any Legal Document, irrespective of whether such loss or damage is based on contract, tort (including negligence) or otherwise, shall be limited, in relation to any one incident or series of related incidents, to the lesser of (i) 125% of the amount paid by You for the Legal Document, or (ii) £1000. We have in our sole discretion the right to issue a warning, temporary suspension, or an indefinite suspension and termination of Your right to use the Website if You:
If any provision of these terms and conditions are held by any competent authority to be invalid or unenforceable in whole or in part, the validity of the other terms and conditions and the remainder of the provision in question will not be affected. The Laws of England and Wales will apply to these terms and conditions and the parties agree to submit to the exclusive jurisdiction of the English courts. Save as expressly provided elsewhere, these terms and conditions shall apply only between Us and You and no other person or entity shall be entitled to benefit from them.
We aim to provide the highest levels of service however, occasionally things can go wrong. When this happens We want the chance to put things right. If You have a complaint about The Service, please contact us as follows:
NM Mortgages Limited is a company registered in England and Wales; company number 06061352; registered address: Russell House, Elvicta Business Park, Crickhowell, Wales, NP8 1DF