Terms of Use
Welcome to Rank’s Website (the “Website”). By accessing or using the Website, you confirm that you have read, understood, and agree to be bound by these Terms and our Privacy Policy (collectively, the “Agreement”). These Terms of Use (“Terms”) govern your access to and use of our Website, including any services provided on it
ABOUT US
Rank is a product of Rank Microfinance Bank Limited (“Rank”, “We,” or “Us”). Rank is licensed by the Central Bank of Nigeria and all funds deposited with Us are insured by the Nigeria Deposit Insurance Commission. We are located at 1, Mufutau Idogo Street, Opposite Beachwood Estate, Ibeju Lekki, Lagos, Nigeria.
ELIGIBILITY & USE OF WEBSITE
2.1. By accesing the Website, you represent and warrant that you:
a. are at least 18 (eighteen) years old;
b. reside in a jurisdiction where access to and use of our services is legally permitted;
and
c. are not a person prohibited or restricted from accessing financial services under the
laws of the Federal Republic of Nigeria or any other applicable jurisdiction.
2.2. If you do not meet all of the above criteria, you must not access or use the Website.
2.3. Prohibited Uses: You agree not to engage in any of the following prohibited activities:
interfering with or attempting to breach the Website’s security features, including but not limited to accessing data not intended for you or logging into a server or account you are not authorised to access;
introducing or transmitting any viruses, malware, phishing schemes, or attempting to scrape or harvest data, including financial or personal information, from the Website;
tampering with, modifying, decompiling, disassembling, reverse-engineering, or otherwise attempting to derive the source code of the Website or any portion thereof;
copying, reproducing, distributing, republishing, downloading, displaying, posting, or transmitting any part of the Website without our prior written consent;
using the Website to commit fraud, deceive or mislead others, or engage in any unlawful, illegal, or criminal activity.
OUR PRODUCTS
Access to and use of our products and services are subject to separate product-specific Terms and Conditions. We strongly recommend that you review the applicable Terms and Conditions carefully before using any of our products.
BLOG POSTS: NO FINANCIAL ADVICE OR OFFER
The information provided on our Website and in our blog posts is for informational purposes only and does not constitute financial, investment, legal, or other professional advice. Nothing on the Website or in our blogs shall be construed as an offer, recommendation, or solicitation to buy or sell any financial product or service. You are advised to consult a qualified financial advisor or professional before making any financial decisions, including those made through our mobile application.
COMPLIANCE WITH LAWS
You agree to use this Website in full compliance with all applicable laws, regulations, and guidelines in force in the Federal Republic of Nigeria. This includes, but is not limited to, compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations, data protection laws (such as the Nigeria Data Protection Act), and consumer protection laws (such as the Federal Competition and Consumer Protection Act). You further agree not to use the Website for any purpose that is unlawful or prohibited under these Terms.
INTELLECTUAL PROPERTY
All content, features, functionality, design elements, graphics, text, images, logos, software, and tools available on this Website are the exclusive property of Rank or its licensors and are protected by applicable intellectual property laws, including copyright, trademark, and other proprietary rights. You may not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store, or transmit any of the material on our Website without Rank’s prior written consent, except as expressly permitted under these Terms. Any unauthorised use of the Website’s content for commercial purposes or otherwise may violate intellectual property laws and will be strictly prosecuted.
DISCLAIMER OF WARRANTIES
The Website and all content, features, and services provided through it are offered on an “as is” and “as available” basis, without any warranties or representations of any kind, whether express or implied. We do not warrant that:
the Website will be uninterrupted, secure, or free from errors, defects, viruses, or other harmful components;
the information, data, or materials provided on or through the Website are accurate, complete, current, or reliable;
any financial projections, calculators, or tools available on the Website will meet your expectations or deliver specific results.
To the fullest extent permitted by law, We expressly disclaim all warranties, whether express, implied, statutory, or otherwise, including but not limited to implied warranties of merchantability, fitness for a particular purpose, and non-infringement. Your use of the Website is at your sole risk.
LIMITATION OF LIABILITY
To the fullest extent permitted by applicable law, Rank shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, financial loss, loss of data, loss of business opportunities, or business interruption, arising out of or in connection with your use of, or inability to use, the Website.
Rank shall also not be liable for any damages resulting from:
unauthorised access to, or use of, your data or personal information;
errors, mistakes, or inaccuracies of content;
any bugs, viruses, or other harmful code transmitted through the website by any third party
any unauthorised use of your account or credentials due to your failure to maintain the confidentiality of your login details.
This limitation of liability applies regardless of the legal theory (contract, tort, negligence, or otherwise) on which the claim is based, even if Rank has been advised of the possibility of such damages.
INDEMNIFICATION
You agree to indemnify, defend, and hold harmless Rank, its affiliates, officers, directors, employees, agents, and representatives from and against any and all claims, liabilities, damages, losses, costs, or expenses (including reasonable legal fees) arising out of or related to:
Your use or misuse of the Website;
Your violation of these Terms or any applicable laws or regulations;
Any content you submit, post, or transmit through the Website;
Any fraudulent, negligent, or unlawful act or omission by you or any person accessing the Website using your credentials.
This indemnification obligation will survive the termination of these Terms and your use of the Website.
TERMINATION
We reserve the right to suspend or terminate your access to the Website, in whole or in part, at any time and without prior notice, if we reasonably believe that your conduct violates these Terms or is harmful to other users, us, or any third parties.
GOVERNING LAW
These Terms shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria without regard to its conflict of law provisions.
CONTACT INFORMATION
If you have any questions about our Terms, or would like to reach out to Us, please contact us at: Rank Microfinance Bank Limited
Address: 1, Mufutau Idogo Street, Opposite Beachwood Estate, Ibeju-Lekki, Lagos, Nigeria.
Email: hello@userank.com
13. CHANGES TO THESE TERMS
We reserve the right to update, modify, or replace these Terms at any time without prior notice. Any changes will be effective immediately upon posting the revised Terms on the Website.
We will make reasonable efforts to notify you of significant changes by email or by posting a prominent notice on our Website. Your continued use of the Website following the posting of changes constitutes your acceptance of such changes.
If you do not agree to the revised Terms, you must discontinue your use of the Website.
