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Terms of Use

NASH TECHNOLOGY/XCHNG

Introduction

Nash Technology Limited ("Nash Technology", "XCHNGFX") is a fully registered limited liability company with Corporate Affairs Commission (CAC) and licensed by the Central Bank of Nigeria (CBN) as an International Money Transfer Operator (IMTO) with Registration No: 6887752 and principal place of business at Plot 42 Donatus Odum Street, off Kusenla Street, Ikate-Elegushi, Lagos State, Nigeria.

This Terms of Use ("Terms", "TOU" "Agreement") govern your use of the Xchngfx platform, operated by Nash Technology Limited ("Nash Technology", "we", "our", "us").

Acceptance of Terms

By using the website, and any associated websites, APIs, mobile Applications, or products and/or services (the "Xchng Platform"), you agree to be legally bound to this Agreement and acknowledge that you have read, understood, and accept all the terms as contained in this Agreement.

We reserve the right to amend, modify, or update this Agreement from time to time to reflect changes in our services, business practices, legal or regulatory requirements, or other operational needs without giving notice to you. The most current version of the TOU can be reviewed by clicking on the "Terms of Use" hypertext link located on our Platform. When we make updates to the TOU, we will update the date at the top of this page. By using the Platform after a new version of the TOU has been posted, you agree to the terms of such new version.

Description of Services

Nash Technology through its Web and Mobile Platform provides access to digital Wallet Accounts for the purpose of cross-border money transfer and digital finance management, digital assets, and other currency exchange services from anywhere in the world (collectively "Services"). The Services, including any updates, enhancements, new features, and/or the addition of any new technology, are subject to these TOU.

Privacy and Protection of Personal Information

See the Privacy Policy for information relating to the collection and use of your personal data.

Eligibility

To be eligible to access our service, you must be at least 18 years of age. You must also pass our Know Your Customer (KYC) checks in line with the customer intake procedure.

No Unlawful or Prohibited Use

As a condition of your use of the Services, you shall not, whether directly or indirectly, engage in any activity that interferes with or compromises the integrity, security, or lawful operation of the Platform, including but not limited to:

  • Accessing or attempting to access any part of the system without authorization
  • Circumventing security or authentication controls
  • Decompiling, reverse engineering, modifying, or creating derivative works from the System
  • Introducing malware, spyware or any harmful code
  • Damaging or disrupting system functionality or infrastructure
  • Engaging in unlawful, fraudulent, or unauthorized activities
  • Improperly accessing, using, copying, or transferring data
  • Harvesting or collecting information about other users without consent
  • Scanning, probing, or testing system vulnerabilities without written permission
  • Sharing or misusing login credentials
  • Using another user's account without authorization
  • Employing automated tools such as bots, crawlers, or scripts to extract or manipulate system content without prior written approval

You shall not bypass the system controls or rules in order to engage in any form of money laundering, terrorism financing or execute transactions involving sanctioned entities or countries.

Transaction Fees

We provide our Service with service fees and applicable charges which will be displayed at the checkout of every transaction. It is your duty to confirm such applicable charges before executing any transaction.

Fees and charges are subject to changes according to prevailing economic conditions and regulations.

Compliance & Monitoring

In line with extant regulations, all transactions are monitored for suspicious activities and may result in account suspension and subsequent filing of report to the regulators such as Central Bank of Nigeria (CBN), Nigeria Financial Intelligence Unit (NFIU) and other security agencies as may be required.

Intellectual Property

All rights and intellectual property in XCHNGFX brand and all its platforms' codes and software, are exclusive property of Nash Technology Limited. You should not in any form make claims, exploit or use any intellectual property without the express written consent of Nash Technology.

Suspension & Termination

Nash Technology may suspend, restrict, or permanently close your account for any reason deemed necessary, including, but not limited to:

  • A court or authorized governmental agency order
  • Suspicion of prohibited use
  • Heightened legal or regulatory risk to our Platform
  • Abuse of the account, system or inability of our partners to support your account

You acknowledge and accept that we are not required to notify you of our actions or the reasoning and that the decision may be based on confidential criteria and information.

Please contact [email protected] to inquire how to retrieve your Credit from a permanently closed account. You may close your account at any time by contacting us through the above email.

Governing Law

This Terms shall be governed and construed according to the laws of the Federal Republic of Nigeria.

Dispute Resolution

In the event of any dispute or claim arising out of or in connection with this Agreement, including non-contractual disputes or claims, or any question regarding their existence, validity or termination (each, a "Dispute"), the parties shall first seek settlement of that Dispute by mediation in accordance with the Arbitration and Mediation Act, Laws of Federal Republic of Nigeria, which Rules are deemed to be incorporated by reference into this clause.

If the Dispute is not settled by mediation within thirty (30) days of the commencement of the mediation or such further period as the parties may agree in writing, the Dispute shall be referred to and finally resolved by arbitration. The language to be used in the arbitration shall be English. In any arbitration commenced pursuant to this clause, the number of arbitrators shall be one, and the seat, or legal place, of arbitration shall be Lagos Nigeria.

Each party shall bear its own costs and expenses (including, without limitation, attorneys' fees) incurred in connection with any mediation, arbitration. The arbitration Award shall be final and binding.

Notwithstanding the other provisions of this clause, any party may seek injunctive relief or specific performance in any court of competent jurisdiction to enforce its rights under this agreement in the event that by failing to do so it will suffer immediate and irreparable harm or damage.

General Provisions

⚖️ Indemnification

You acknowledge and understand the meaning and legal consequences of the representations and warranties contained in this Agreement and hereby agree to indemnify and hold harmless Nash Technology and any affiliate of Nash Technology, and the officers, members, managers, associates, related entities, agents, and employees of Nash Technology, and any professional advisers to any of the above parties, from and against any and all loss, damage or liability (including costs and reasonable attorneys' fees) due to or arising out of a breach of any representation, warranty or acknowledgement of yours, your failure to fulfil any obligation contained in this Agreement or violation of any laws, rules or regulations, or the rights of any third party by you.

⚠️ Limited Liability and No Warranty

OUR SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATION. WE MAKE NO WARRANTY THAT THE SERVICES WILL BE UNINTERRUPTED OR MEET YOUR REQUIREMENTS OR EXPECTATIONS.

YOU ACKNOWLEDGE AND AGREE THAT NASH TECHNOLOGY AND ANY AFFILIATE, THE OFFICERS, MEMBERS, MANAGERS, ASSOCIATES, RELATED ENTITIES, AGENTS, AND EMPLOYEES OF NASH TECHNOLOGY AND THEIR AFFILIATES, AND ANY PROFESSIONAL ADVISERS TO ANY OF THE ABOVE PARTIES WILL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL, SPECIAL, INCIDENTAL, EXEMPLARY DAMAGES, OR DAMAGES RESULTING FROM LOSS OF PROFITS OR OTHER INTANGIBLE LOSSES.

📜 Survival

All provisions hereunder which are by their nature continuing and will survive the termination of this Agreement.

🌪️ Force Majeure

We shall not be liable for any failures or delays resulting from any situation beyond our reasonable control, including, but not limited to, civil unrest, government actions, earthquake, fire, flood, epidemic, other acts of God, equipment failures, and Internet outages.

📝 Assignment

You acknowledge and accept that you may not assign or transfer any rights or obligations granted under this Agreement. Any attempted assignment or transfer shall be void. We reserve the right to freely cede rights and assign obligations in this Agreement to any third party without notice. Notwithstanding the foregoing, this Agreement shall bind you and your heirs, executors, administrators, guardians, personal representatives, or trustees in bankruptcy.

✂️ Severability

In the event that any provision of this Agreement is held to be unenforceable under applicable law, this Agreement will continue in full force and effect without such provision and will be enforceable in accordance with its terms.

🤝 Waivers

No provision of this Agreement may be waived except by a written document executed by the party entitled to the benefits of the provision. No waiver of a provision will be deemed to be or will constitute a waiver of any other provision of this Agreement. A waiver will be effective only in the specific instance and for the purpose for which it was given and will not constitute a continuing waiver.

📋 Entire Agreement

This Agreement, the Privacy Policy, additional Terms of Use and all Appendices embody the entire agreement and understanding between the parties hereto with respect to the subject matter of this Agreement and supersedes all prior or contemporaneous agreements and understandings other than this Agreement relating to the subject matter hereof.

Contact Us

Nash Technology Limited

RC: 6887752

📧 Email: [email protected]

📞 Phone: +234 (0) 91 444 4446 | +234 (0) 91 444 4447

📍 Address: Plot 42 Donatus-Odum St, off Kusenla Road, Lekki Penninsula II, Lagos 106104, Lagos

Last updated: 4/18/2026