Appointment of Facilitation Agent

The Client hereby authorizes and appoints NEXTRADE BUSINESS CONSULTANCY to act as the Facilitation Agent, and the Facilitation Agent accepts the authorization and appointment to procure on behalf of the Client the Foreign Exchange Services of the Foreign Exchange Service Provider and to monitor, manage, and facilitate the availment of foreign exchange services relating to the importation of the Products into the Philippines.

NEXTRADE BUSINESS CONSULTANCY (Facilitation Agent) shall have no responsibility, obligation, or liability whatsoever with respect to any limitations or restrictions, any event, or any law or regulation that is introduced or changed (or any change takes place in the interpretation of any law or regulation) which would likely result in the restriction or prohibition or which would have a serious adverse effect on the ability of the recipient to receive, whether actual or constructive, the monies subject of the Foreign Exchange Facilitation Services under this Agreement.

The Client agrees to defend, indemnify and hold the Facilitating Agent (or any of its affiliates) and any of their officers, directors, agents and customers, harmless from any claim arising out of or relating to the monies subject of the foreign exchange, including but not limited to, any claims of money laundering or anti-terrorism financing.

NEXTRADE BUSINESS CONSULTANCY shall not be liable for any claims, losses, damages, or disputes arising from a transaction unless the issue is reported to us within two (2) calendar days from the date of the transaction. Failure to report any discrepancies, errors, or concerns within this period shall be deemed as acceptance of the transaction, and NEXTRADE BUSINESS CONSULTANCY shall have no further obligation to investigate or resolve such matters.

The Client acknowledges that NEXTRADE BUSINESS CONSULTANCY (Facilitation Agent) is not a foreign exchange dealer, money changer, or remittance agent. They are merely acting as the Client's facilitation agent in relation to the procurement of the services of the Foreign Exchange Service Provider in order to avail of foreign exchange services relating to the importation of the Products into the Philippines.

NEXTRADE BUSINESS CONSULTANCY shall not engage in any business activity that may involve its company as the Buyer or Entrustor in any payment and/or sales agreement between the Client and its Supplier.

Transaction Guidelines

• Please make sure that your provided receiving account is the correct account that will receive the deposit. NEXTRADE BUSINESS CONSULTANCY will not be responsible for any issues that may arise from the Foreign Exchange transaction and receiving account. Kindly double check with your supplier to assure that the receiving account is correct and active.
• PESONET payments will only be confirmed after the deposited amount is received.
• Rate varies on a daily basis. Deposit lead time is 1–3 days upon submission of the form.
• Please provide receiving bank account details (QR code / Bank name, Bank branch, Account name, Account number).
• We will provide deposit slips as proof of transfer once successful.
• Proof of PHP payment/remittance must first be verified before we can transact to your provided receiving account.
• Additional ₱250 service fee for transactions lower than RMB 1,000.00.
• Transactions are final and non-refundable once transferred to the receiving account.

Client Conforme

By availing of our services and upon signing of this terms of service sheet, you, as the client, acknowledge and accept the terms and release, relieve, indemnify and forever discharge NEXTRADE BUSINESS CONSULTANCY and its employees, agents, officers, trustees and representatives (in their official and individual capacities) from any and all liabilities whatsoever for any loss and problems that may arise from this transaction.

• I, as a client of this service, am aware that there is a risk that the receiving account can be held or frozen.
• I, as a client, acknowledge that the facilitating agent is not liable for any accounts that are frozen after the deposit has been made and shall be mended or fixed through my own means.
• All the accounts I am depositing to are, to the best of my knowledge, clean and up to date with their regulating banks. I will not be transferring to known accounts that are being monitored or investigated.