Risk of Reversals, Chargebacks and Claims. When you receive a transfer of Gold, you are liable to Goldmoney for the full amount of the transfer plus any applicable fees if the transaction is later invalidated for any reason. This means that, in addition to any other liability, you will be responsible for the amount of the Gold transferred to you, plus the applicable Fees listed in section 7 of this Agreement if you lose a claim or a Chargeback, or if there is a Reversal of the transaction. You agree to allow Goldmoney to recover any amounts due to Goldmoney by debiting your Balance. If there is insufficient Gold in your Balance to cover your liability, you agree to reimburse Goldmoney through other means.
Appears in 2 contracts
Sources: Terms of Service, Terms of Service