By submitting this application, you agree to be a member of IBEN and to receive all services provided by IBEN including communication from or relating to IBEN, and further agree that IBEN may share your information and any other information and material you provide with other IBEN members, affiliates, vendors, and third parties in order to provide you service as a IBEN member.

IBEN reserves the right, at its discretion, to change, modify, add, or remove portions of these terms & conditions herein at any time by posting the amended terms & conditions. Please check these terms & conditions periodically for changes. Your continued use of the IBEN services after the posting of changes constitutes your binding acceptance of such changes. In addition, when using any particular services, you may be subject to any posted guidelines, rules, product requirements or sometimes additional terms applicable to such services. All such guidelines, rules, product requirements or sometimes additional terms are hereby incorporated by reference into the terms.

The Service registration: To register for the IBEN services, you are required to open an account by completing the registration process (i.e. by providing us with current, complete and accurate information as prompted by the applicable registration form). You acknowledge and assume sole responsibility to ensure that you are a mature person (i.e, above the age of majority). You expressly agree to absolve IBEN of any responsibility / liability in this regard.

Arbitration: All dispute arising out of or relating to this Agreement or the member’s application in IBEN shall be resolved by binding arbitration in accordance with the laws of the State where the applicant’s IBEN chapter is located. The clause encompasses any and all disputes involving IBEN, and their officers, employees, agents and representatives, as well as members, provided that the dispute pertain to membership or participation in IBEN.

Limitation of Liability: Notwithstanding any other provision of this agreement, IBEN and their officers, employees, agents and representatives for any cause whatsoever arising out of this agreement and/or membership participation in IBEN, and regardless of the form of the action will not be liable for direct or indirect damages of any kind, including without limitation incidental, punitive or consequential damage or loss arising out of or in connection with this Agreement.

Contract Term: This free service of IBEN is for an initial term of 12 months. Following the expiry of the initial term of 12 months and any subsequent term, the service may be renewed by paying a membership fee for the next term otherwise this service is terminated in accordance to the terms and conditions herein.

Termination Policy: The service may be terminated by giving written notice to IBEN. Either party may at any time terminate this service by immediate written notice if the other commits any material breach of the terms and conditions or goes into liquidation, becomes bankrupt, makes a voluntary arrangement with its creditors or has a receiver or administrator appointed.

Insolvency of Member: This clause applies in the circumstances where the member makes a voluntary arrangement with its creditors or (being an individual or firm) becomes bankrupt or (being a company) becomes subject to an administration order or goes into liquidation (otherwise than for the purposes of amalgamation or reconstruction); an encumbrance takes possession, or a receiver is appointed, of any of the property or assets of the members; the member ceases, or threatens to cease, to carry on business; IBEN reasonably believes that any of the above events is about to happen and notifies the member accordingly; or if this clause applies then, without limiting any other right or remedy available to IBEN, IBEN may cancel the service or suspend membership, including access to its website and other services.

Certification: I hereby declares and certify that all statements contained in this application and any other accompanying documents are true and correct, and that any misrepresentation or false statement may be grounds for rejecting my application or, if discovered after my application has been accepted, subject me to immediate termination at IBEN’s discretion without any reimbursement. I further understand that my membership is conditional and I agree, accept and will abide all the terms and conditions set forth herein and those contained within the IBEN Member Policies, Guidelines and Code of Ethics, all of which I have the opportunity to review upon request or received upon induction. I acknowledge that breach of these terms, conditions, and policies shall be grounds to terminat