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Supplementary Terms and Conditions – 1688.com Buyer Solution

Supplementary Terms and Conditions – 1688.com Buyer Solution

These Supplementary Terms and Conditions for the 1688.com Buyer Solution (the "Supplementary Terms and Conditions (1688.com Buyer Solution)") supplement the World Account Terms and Conditions relating to the availability and use of the World Account services ("World Account Terms and Conditions") between you and World First Australia PTY LTD (Australian Securities and Investment Commission ABN 42 132 368 97, AFSL number 331945)) (“WorldFirst”). Please read them carefully.

You agree that the World Account Terms and Conditions you entered into with WorldFirst will be supplemented as set out in these Supplementary Terms and Conditions (1688.com Buyer Solution) with immediate effect.

 

1.  SCOPE OF THESE SUPPLEMENTARY TERMS AND CONDITIONS

1.  These Supplementary Terms and Conditions (1688.com Buyer Solution) relate to the service which WorldFirst and/or its affiliates will provide to enable you to pay for (or receive a refund related to) (1) goods that you purchase on the 1688 marketplace, and (2) any related transaction and/or service fees that may be due by you to 1688 ("1688.com Buyer Solution").

2.  These Supplementary Terms and Conditions (1688.com Buyer Solution) supplement the World Account Terms and Conditions between you and WorldFirst. These Supplementary Terms and Conditions (1688.com Buyer Solution) shall be deemed to form part of the World Account Terms and Conditions. Accordingly, all references in the World Account Terms and Conditions shall be construed as references to the World Account Terms and Conditions as supplemented by these Supplementary Terms and Conditions (1688.com Buyer Solution).  Subject to the provisions of these Supplementary Terms and Conditions (1688.com Buyer Solution), the World Account Terms and Conditions shall remain in full force and effect.

3.  Capitalised words and phrases used in these Supplementary Terms and Conditions (1688.com Buyer Solution) shall have the meaning given to them in the World Account Terms and Conditions, unless otherwise defined in these Supplementary Terms and Conditions (1688.com Buyer Solution).

4.  The 1688.com Buyer Solution is subject to all provisions under the World Account Terms and Conditions, as well as the additional terms set out below.

2.   1688.com Buyer solution

1.  If you are eligible for and have elected to receive the 1688.com Buyer Solution, you will be able to make payment for (or receive a refund related to) (1) goods that you purchase on 1688 marketplace, and (2) any related transaction and/or service fees that may be due by you to 1688 marketplace.

2.  You authorize WorldFirst and its affiliates to debit your World Account to pay for (or receive a refund related to) (1) goods that you purchase on 1688 marketplace, and (2) any related transaction and/or service fees that may be due by you to 1688 marketplace.

3.  You request and authorise WorldFirst and its affiliates to receive payment instructions directly or indirectly from 1688.com on your behalf (the "Transfer Instructions"), and to act on the Transfer Instructions received from 1688.com by transferring funds from your World Account to the 1688.com in such time periods and durations as stated in such Transfer Instructions. You confirm that WorldFirst and its affiliates may deem such Transfer Instructions received from 1688.com to be equivalent to a specific payment order provided by yourself, and you authorize and consent to WorldFirst and its affiliates transferring funds to the 1688.com according to the Transfer Instructions. You acknowledge and agree that WorldFirst and its affiliates’ obligation to transfer the funds is extinguished once WorldFirst or its affiliate (as the case may be) effects the Transfer Instruction as instructed by 1688.com.

4.  You understand and agree that WorldFirst and its affiliates will not be required to notify you when receiving the Transfer Instructions from 1688, nor will WorldFirst and its affiliates be required to verify with you the authenticity, accuracy and validity of Transfer Instructions received from 1688.com, or whether they are in compliance with the agreement between 1688.com and yourself.

5.  Any losses and/or liabilities, including any losses or liabilities incurred as a result of the Transfer Instructions received from 1688.com being incorrect, should be resolved by you with 1688.com.

6.  In the event that you wish to cancel or amend the Transfer Instructions, please contact us. WorldFirst may require you to provide additional information and documents, including evidence that 1688.com has consented to such cancellation or amendment. WorldFirst may deny your request if you fail to provide such requested information and continue to act on the original Transfer Instructions received from 1688.com.

7.  You authorize WorldFirst and its affiliates to provide applicable information to other participants involved in the transaction processing of the 1688.com Buyer Solution.

8.  You agree to pay the applicable service fees for the 1688.com Buyer Solution as we and/or our affiliates shall inform you from time to time.

9.  We may decline or defer your request to make a payment and require you to send us additional documents to verify information such as identity, address, source of funds or reason for payment, before we effect the requested payment. You agree to cooperate with us in providing such documents and information.

10. You can only make a withdrawal or payment using your World Account balance to the extent that you have enough balance to support the withdrawals or payments. You are not allowed to make a withdrawal or payment in excess of your World Account balance.

11. In the event any withdrawal or payment is not successful and the funds revert back to us, you authorize us to credit the funds back to your specified account, less any fees which may be charged by the bank provider or any other payment provider.

12. You shall provide WorldFirst with all relevant information for compliance by WorldFirst and its affiliates with relevant laws.

13. WorldFirst and its affiliates are not party to any agreement entered into between yourself and 1688.com and the World Account services are provided by WorldFirst solely for your benefit. You shall address all queries and resolve any disputes regarding such agreement, or the Transfer Instructions, with 1688.com. You agree that all disputes with 1688.com shall be a matter solely between you and 1688.com. You acknowledge and agree that WorldFirst is not acting as agent on behalf of 1688.com.

3.    MISCELLANEOUS

1.  These Supplementary Terms and Conditions (1688.com Buyer Solution) shall be governed by Australian law. In the event of any dispute or claim arising from or in connection with these Supplementary Terms and Conditions (1688.com Buyer Solution) or your use of the World Account services, the relevant parties shall resolve such dispute or claim through amicable negotiations. 

2.  If any provision of this Supplementary Terms and Conditions (1688.com Buyer Solution) is held to be invalid or unenforceable, such provision shall be deleted and the remaining provisions shall be enforced.

3.  A breach of these Supplementary Terms and Conditions (1688.com Buyer Solution) will be deemed to be a breach of the World Account Terms and Conditions.

4.  Any failure by World First to exercise any of our rights under these Supplementary Terms and Conditions (1688.com Buyer Solution) shall not constitute a waiver of such right or a waiver with respect to subsequent or similar breach. A waiver shall be effective only if made in writing.

5.  WorldFirst shall have the right to assign these Supplementary Terms and Conditions (1688.com Buyer Solution) (including all of our rights, titles, benefits, interests, and obligations and duties in these Supplementary Terms and Conditions (1688.com Buyer Solution)) to any of our affiliates and to any successor in interest. WorldFirst may delegate certain of WorldFirst’s rights and responsibilities under these Supplementary Terms and Conditions (1688.com Buyer Solution) to its affiliates, independent contractors or other third parties.

6.  A person who is not a party to these Supplementary Terms and Conditions (1688.com Buyer Solution) has no rights to enforce any term of these Supplementary Terms and Conditions (1688.com Buyer Solution), save that where any obligations are owed by you to a WorldFirst affiliate, each of such WorldFirst affiliate may enforce the terms of these Supplementary Terms and Conditions (1688.com Buyer Solution) against you.

7.  In the event of a conflict between these Supplementary Terms and Conditions (1688.com Buyer Solution) and the World Account Terms and Conditions, the provision requiring a higher standard shall apply.