Terms & Conditions

TERMS AND CONDITIONS

Effective Date: January, 2026 Service Provider: Data Check (GAVE Compliance Division)

1. SCOPE OF SERVICE

Data Check provides independent compliance verification services, including Anti-Money Laundering (AML) checks, Know Your Customer (KYC) validation, and technical verification for assets held in escrow protocols. Data Check is a verification entity and does not directly manage or hold client funds.

2. USER OBLIGATIONS

By submitting documentation to Data Check, the User warrants that:

  • All provided information is accurate, current, and complete.

  • All digital assets or funds under review are of legal origin and not linked to criminal activity.

  • They are the legal owner or authorized representative of the assets being verified.

3. VERIFICATION PROCESS & DELAYS

  • Level 3 Verification: The verification process may require up to 48-72 business hours depending on the complexity of the asset trail.

  • Third-Party Cooperation: Data Check is not responsible for delays caused by the non-responsiveness of external financial institutions or blockchain network congestion.

4. AML/KYC COMPLIANCE

Data Check operates under the 6th EU Anti-Money Laundering Directive. If a transaction is flagged as "High Risk" or "Inconsistent," Data Check reserves the right to:

  1. Request additional supporting documentation (Proof of Wealth/Source of Funds).

  2. Issue a "Non-Compliance" report which may prevent the release of escrowed assets.

5. PRIVACY & DATA PROTECTION (GDPR)

All personal data is handled according to our Privacy Policy. Data is encrypted and stored for a mandatory period of 5 years to comply with international financial regulations.

6. LIMITATION OF LIABILITY

Data Check shall not be held liable for:

  • Fluctuations in the value of digital assets (cryptocurrencies) during the verification period.

  • Decisions made by escrow agents or legal entities based on the reports issued by Data Check.

  • Unauthorized access to user wallets due to user-side security breaches.

7. TERMINATION

We reserve the right to terminate verification services immediately if fraudulent documentation is detected or if the User provides misleading information.

8. GOVERNING LAW

These Terms & Conditions are governed by the laws of the jurisdiction where the GAVE Compliance Division is registered. Any disputes shall be subject to the exclusive jurisdiction of the competent local courts.