Sava Account

• By making an application for credit or registering as an investor on the Exchange, you agree and confirm:
•  All the information you have provided is accurate and correct and you are the person whose details you have provided;
• You can enter into a legally binding agreement with us;
• You will only use the Exchange for investing or borrowing purposes as envisaged by these Terms and the applicable Investor Terms or Loan Contract;
• You have provided a current address, telephone number and e-mail address and will notify us immediately if your contact details change;
• In the case of an individual, you are 18 years of age or over and capable of taking responsibility for your own actions;
•  In the case of a company, you are an officer of the company or you are otherwise authorized to act on behalf of the company;
• You authorize us, at any time, to use any means that we consider necessary to verify your identity with any third-party providers of information. Please refer to the Privacy Policy for details of steps we may undertake to do this.
•  If an application for credit has been made by a third party on your behalf (for example by a credit broker), you will be asked to confirm that the information entered by the third party is true and accurate before you enter into the Loan Contract. By doing so, you confirm the statements in previous section  are correct.
• When you register or apply for credit on the Exchange (or in the case of an application made by a third party, when you first access your account) you will be given a Sava account number and asked to set a password. You agree to keep your password and Sava account number strictly confidential and you must not disclose them to any third party. You agree to protect them in the same way as you would the details of your bank account or your bank cards. Any failure to do so shall be at your sole risk and expense.
•  You should change your password on a regular basis. Passwords should contain a mixture of upper and lower-case letters and numbers and/or symbols. Passwords are case sensitive and we recommend the use of passwords that combine a combination of numbers, symbols and letters in different cases. This will help to prevent the risk of unauthorized use of your account.
• You agree that we are entitled to assume all correspondence, orders, transfers and instructions made by reference to your password and account number are made by you. You agree to inform us immediately by e-mail and by telephone if you know or suspect that any of your account information or password are being misused so that we can take any actions necessary to protect your account, which may include suspending your account.
• We can close or suspend your Sava account (and stop providing any services) by giving you at least two months’ notice.
• We may end our agreement with you, stop providing any services and close your Sava account immediately if we reasonably believe you have seriously or persistently broken any terms of the agreement (including these Terms, the Investor Terms and the Loan Contracts) or we have reasonable grounds for thinking you have done any of the following things:
• You do not respond to our reasonable requests for information or you fail to provide such information;
• We suspect that you have committed or have been involved in fraud, money laundering or other criminal activities;
•  You inappropriately let someone else use your account;
• We discover that any information you have provided to us is materially incorrect, inaccurate, false or misleading;
• You put us in a position where we might break a law, regulation, code or other duty that applies to us if we maintain your account;
• You behave in a threatening or abusive manner to our staff; or
•  You become or appear likely to become bankrupt or subject to an Individual Voluntary Arrangement or a Debt Relief Order or a Sequestration, Trust Deed or Debt Arrangement in Scotland.

Privacy

You may access most areas of the Site without registering your details with us and without us recording any of your personal information; however certain areas of the Site may require you to register. If you submit an application to have access to these areas, you are indicating that you have read our Privacy Policy and are willing for us to deal with your personal data as set out in that policy.