This Service Agreement (“Agreement”) is made between OCBF Consulting LLC, a limited liability company incorporated in the State of Wyoming, United States, with its registered address at Suite 1200, 1309 Coffeen Avenue, Sheridan, Wyoming, 82801 (“OCBF”), and the individual, company, or trust who proceeds to engage OCBF’s services by completing payment through the OCBF website checkout or any other designated method (“the Client”).
This Agreement governs the relationship between OCBF and the Client and defines the rights and obligations of both parties concerning the provision of offshore bank or electronic money institution (EMI) account application preparation and introduction services.
1. DEFINITIONS
For clarity and convenience, the following definitions apply:
1.1 “Services” means the preparation and submission of an offshore bank or EMI account application, including document review, due diligence guidance, document formatting, and correspondence with the selected institution up to the stage where a decision on the application is rendered.
1.2 “Fee” means the non-refundable fixed service fee of USD 500 payable in advance by the Client to OCBF.
1.3 “Bank” or “Institution” means any offshore financial institution, payment service provider, or electronic money institution selected by the Client for account application purposes.
1.4 “Parties” refers collectively to OCBF and the Client.
1.5 “Engagement” refers to the Client’s payment and acceptance of this Agreement, forming a legally binding contractual relationship with OCBF.
1.6 “Business Day” means any day other than a Saturday, Sunday, or public holiday in the jurisdiction of Nevis or the United States.
2. ACCEPTANCE OF TERMS AND ONLINE AGREEMENT
2.1 By proceeding with payment via OCBF’s online checkout, invoice, or direct bank transfer, the Client expressly acknowledges and agrees to all provisions of this Agreement.
2.2 The Client’s payment constitutes full acceptance of this Agreement and forms a legally binding contract between the Client and OCBF Consulting LLC.
2.3 No physical or electronic signature shall be required for enforceability. Payment, website acknowledgment, or use of the Services constitutes conclusive evidence of the Client’s acceptance.
2.4 The Client further acknowledges that they have had the opportunity to read this Agreement in full prior to proceeding with payment.
3. SCOPE OF SERVICES
3.1 OCBF shall provide the Services for one chosen offshore bank or EMI institution as selected by the Client.
3.2 The Services include:
- Review of the Client’s corporate and identification documentation;
- Guidance on completion of application and due diligence forms;
- Preparation of the account application pack in accordance with the institution’s format;
- Submission of materials to the chosen bank or EMI;
- Limited correspondence and clarification with the institution until the decision stage.
3.3 The Services do not include legal, tax, or financial advisory services, nor ongoing management or representation after the bank renders its decision.
3.4 OCBF reserves the right to decline to engage with any institution it deems unsuitable or non-compliant.
4. CLIENT RESPONSIBILITIES
4.1 The Client agrees to provide all required corporate and personal documentation accurately, including identification, proof of address, and company formation documents.
4.2 The Client warrants that all documents and information supplied are genuine, accurate, and lawfully obtained.
4.3 The Client must cooperate fully and respond promptly to all OCBF or bank compliance queries. Failure to do so may result in termination of this Agreement without refund.
4.4 The Client acknowledges that banks and EMIs are independent third parties that may request additional information or decline applications for any reason without explanation.
4.5 The Client must not request that OCBF falsify, omit, or misrepresent information in any part of the process. Any such request shall be grounds for immediate termination.
5. FEES AND PAYMENT
5.1 The total Fee for the Services is USD 500, payable in full in advance via bank transfer to OCBF’s designated Mercury Bank business account.
5.2 No work shall commence until cleared funds are received.
5.3 The Fee covers only one (1) application and introduction to a single bank or EMI.
5.4 Should the Client request multiple introductions, additional banks, or significant remedial work, OCBF may quote additional fees in writing prior to undertaking such work.
5.5 All payments are non-refundable under any circumstances, including but not limited to:
- Rejection or non-approval by the bank or EMI;
- Withdrawal of the application by the Client;
- Changes in bank policy, regulation, or documentation requirements;
- Termination by OCBF due to non-cooperation or misconduct.
5.6 The Client acknowledges that OCBF earns its fee for application preparation and introduction, not for any outcome determined by the bank.
6. NO GUARANTEE OF ACCOUNT APPROVAL
6.1 The Client understands that OCBF has no control over bank or EMI decision-making processes.
6.2 OCBF does not and cannot guarantee that any account will be approved, opened, or maintained.
6.3 The outcome of any application rests solely with the institution’s compliance department, which may refuse the application without cause or explanation.
6.4 OCBF’s responsibility is strictly limited to preparing and submitting a complete and professionally presented application on behalf of the Client.
7. NON-CIRCUMVENTION
7.1 The Client agrees not to bypass or attempt to bypass OCBF by directly contacting, negotiating, or transacting with any institution, intermediary, or contact introduced by OCBF in connection with the Services.
7.2 Any such attempt to circumvent OCBF shall constitute a material breach of this Agreement, entitling OCBF to immediate termination and potential legal recourse for loss of fees or damages.
7.3 This clause shall survive termination or completion of the Services.
8. CONFIDENTIALITY AND DATA PROTECTION
8.1 Both Parties agree to keep strictly confidential all non-public information obtained during the course of this engagement, including corporate, financial, and personal information.
8.2 OCBF may share limited Client information with the chosen institution or intermediary solely as necessary to complete the Services.
8.3 All Client information shall be stored securely and processed in accordance with applicable data protection laws.
8.4 The Client acknowledges that data may be stored and processed via secure cloud servers located in the United States or other jurisdictions deemed appropriate by OCBF.
8.5 OCBF shall not be liable for data breaches, access interruptions, or security incidents beyond its reasonable control.
9. NO LEGAL, TAX, OR INVESTMENT ADVICE
9.1 OCBF is not a law firm, accounting firm, or licensed financial adviser.
9.2 All materials, communications, and assistance provided under this Agreement are strictly administrative in nature and shall not be construed as legal, tax, or investment advice.
9.3 The Client is solely responsible for obtaining independent professional advice prior to relying on any information provided by OCBF.
10. LIMITATION OF LIABILITY
10.1 To the fullest extent permitted by law, OCBF shall not be liable for any indirect, incidental, consequential, or punitive damages arising from or connected with this Agreement, including loss of profits, opportunity, or goodwill.
10.2 OCBF’s total aggregate liability for any claim, whether in contract, tort, or otherwise, shall not exceed the total Fee paid by the Client for the Services.
10.3 The Client agrees that OCBF is not liable for any decisions, delays, or rejections made by third-party banks, EMIs, or regulators.
11. FORCE MAJEURE
11.1 Neither Party shall be liable for failure or delay in performing its obligations under this Agreement if such failure or delay results from causes beyond its reasonable control, including acts of God, natural disasters, government actions, war, terrorism, civil unrest, pandemics, strikes, power outages, or communication failures.
11.2 In such cases, performance shall be suspended for the duration of the event and resume once conditions allow.
12. TERMINATION
12.1 OCBF reserves the right to terminate this Agreement immediately, without refund, if:
- The Client fails to provide required documents or cooperate;
- The Client provides false or misleading information;
- OCBF reasonably suspects unlawful, fraudulent, or unethical conduct.
12.2 Upon termination, OCBF shall have no further obligation to the Client.
13. INTELLECTUAL PROPERTY AND DOCUMENT OWNERSHIP
13.1 All templates, correspondence, and materials created by OCBF remain its intellectual property.
13.2 The Client receives a limited, non-transferable right to use such materials solely for the intended bank application.
13.3 The Client may not reproduce, resell, or distribute OCBF’s proprietary materials.
14. ENTIRE AGREEMENT AND NO RELIANCE
14.1 This Agreement constitutes the entire agreement between the Parties and supersedes any prior discussions, representations, or understandings.
14.2 The Client acknowledges that no statements or assurances outside this Agreement have been relied upon in entering into the contract.
15. GOVERNING LAW AND JURISDICTION
15.1 This Agreement shall be governed by and construed in accordance with the laws of the Island of Nevis.
15.2 The Client agrees that any dispute arising out of or relating to this Agreement shall be subject to the exclusive jurisdiction of the courts of Nevis.
15.3 Each Party irrevocably waives any objection to venue or inconvenience of forum.
16. SEVERABILITY
If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.
17. ELECTRONIC ACCEPTANCE
By checking the acceptance box, proceeding through checkout, or remitting payment by bank transfer, the Client confirms that they:
(a) Have read, understood, and agree to be legally bound by this Agreement;
(b) Authorize OCBF Consulting LLC to proceed with the Services;
(c) Waive any right to dispute the binding nature of this Agreement based on the absence of physical signatures.
ANNEX A – SCOPE OF WORK
The Services to be provided under this Agreement include, but are not limited to, the following activities:
- Review of the Client’s company, trust, or personal documentation as provided.
- Guidance on the required documentation and completion of forms in accordance with the selected institution’s compliance requirements.
- Preparation of the full account application pack, including KYC documentation and supporting materials.
- Assistance in completing compliance, onboarding, and supplementary questionnaires as reasonably requested by the institution.
- Submission of the application to the chosen bank or EMI and correspondence until a final decision is rendered.
- Delivery of all application copies and related correspondence to the Client upon completion.
Effective Date: The date on which payment for the Services is received by OCBF Consulting LLC.
Contact for Notices:
Email: [email protected]
Address: Suite 1200, 1309 Coffeen Avenue, Sheridan, Wyoming, 82801