Exchange rate Selling at [fetching] Buying at [fetching]
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General terms for Bitmynt AS

All customers must be identified in accordance with the requirements of the Anti-Money Laundering Act and its regulations. We also need information about the purpose of the customer relationship and other details to assess the risk of money laundering and terrorist financing. The information we collect and how we process it is described in the privacy terms. If it is not possible to perform satisfactory customer due diligence, for example because you do not want or cannot provide documentation of your identity or the origin of funds involved in the customer relationship, we must reject or terminate the customer relationship.
Your user account is personal and must not be lent out to others. Use a secure password and keep it to yourself.
When you trade with a fixed exchange rate at Bitmynt AS, meaning that you agree to lock in the exchange rate that is valid when you enter into an agreement to buy bitcoin, or sell bitcoin for a certain amount of Norwegian kroner, or pay a bill for a certain amount of Norwegian kroner, the agreement is binding for both parties. You are obligated to pay the agreed amount, and we are obligated to send you the agreed amount in Norwegian kroner and bitcoin.
You can agree to buy bitcoin at the exchange rate that is valid when we have received the money and send the bitcoin. Then you will get the current exchange rate at the time we have received and confirmed the payment and broadcast the bitcoin transaction.
Bitmynt AS generates its own exchange rate based on current rates at selected bitcoin markets in Europe and the USA and prevailing exchange rates for Norwegian kroner against EUR and USD. If an error occurs in our underlying data so that the exchange rate becomes more than 5% incorrect, we may correct the exchange rate afterwards. In such a case, Bitmynt must be able to document what the error is, and what the exchange rate would have been if the underlying data were correct. Affected customers shall then receive a rate that is 1% better than the calculated rate.
Bitmynt AS must always know where to send the bitcoin before we can receive Norwegian kroner from you. If we receive a money transfer without knowing which agreement it pertains to, we must send the money back to the account number they came from.
When you buy bitcoin from us, you have five minutes to transfer the money. We do not expect the money to arrive immediately, but you must pay within the deadline so that the money is included in the first transfer between the banks after the trade is agreed.
Transfer the exact amount and use the correct message in the transfer.
The money must come from your own bank account. If you are buying on behalf of someone else, or paying with a credit card, you must transfer the money to your own account first.
Some of our services may have their own terms that apply in addition to these. We may also change the terms at short notice. In that case, you will receive a message about the change when you log in to the website. Minor changes and clarifications that do not constitute real changes to the terms, such as correcting spelling mistakes, will not be announced.