Terms & Conditions – ARY Gold

1. Introduction

Welcome to ARY Gold, a secure digital platform that enables users to book and sell gold in their local currency. By registering, accessing, or using the ARY Gold app, you agree to comply with these Terms & Conditions. Please read them carefully before proceeding.

2. Eligibility

• Users must be at least 18 years old and legally competent to enter into binding contracts under the laws of Pakistan or the United Arab Emirates (UAE), depending on their country of registration.
• Users must provide accurate personal and financial information during registration and verification.
• Each user may only transact in the currency of their registered country (PKR for Pakistan-based users, AED for UAE-based users).

3. Account Registration & Verification

• All users are required to complete Know Your Customer (KYC) verification by submitting valid identification and supporting documents.
• ARY Gold reserves the right to verify, approve, or reject any registration request.
• Users are responsible for maintaining the confidentiality of their account credentials.

4. Transaction Limits

• Minimum Transaction Amount:
  • PKR 500 (for users registered in Pakistan).
  • AED 25 (for users registered in UAE).
• Maximum Transaction Amount:
  • PKR 100,000 per day (for users registered in Pakistan).
  • AED 3,000 per day (for users registered in UAE).
• Transactions exceeding the daily limit will not be processed.

5. Pricing & Rates

• Gold prices displayed in the app are based on real-time market rates of the registered country.
• Rates are subject to fluctuation, and ARY Gold does not guarantee fixed pricing.
• The final price payable or receivable will be confirmed at the time of booking.

6. Payments & Settlements

• Users may only make payments using authorized methods available in their registered country (e.g., wallets, debit/credit card).
• Settlements will be processed only after confirmation of cleared funds.
• ARY Gold is not responsible for delays due to banking or third-party payment providers.

7. Security & Compliance

• All transactions are subject to applicable laws and regulations, including Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) requirements in both Pakistan and the UAE.
• ARY Gold reserves the right to suspend, block, or report any suspicious activity.

8. Risks & Disclaimers

• Gold trading involves financial risks due to price volatility. Users acknowledge that gains or losses may occur.
• ARY Gold does not provide investment advice. Users are solely responsible for their trading decisions.
• The company shall not be held liable for losses due to price fluctuations, system downtime, or third-party failures.

9. Refunds & Cancellations

• Once confirmed, transactions are final and non-reversible.
• Refunds are not permitted except in cases of technical errors or duplicate transactions, subject to company review.

10. User Obligations

• Users shall not engage in fraudulent, illegal, or unauthorized activities through the app.
• Users agree to provide accurate information and update their details when required.
• Users may only transact in their registered country and currency. Cross-border trading through a single account is not permitted.

11. Amendments

• ARY Gold reserves the right to amend these Terms & Conditions at any time.
• Updates will be communicated through the app, and continued use of the platform constitutes acceptance of the revised terms.

12. Governing Law

• For users registered in Pakistan, these Terms & Conditions shall be governed by the laws of Pakistan.
• For users registered in the UAE, these Terms & Conditions shall be governed by the laws of the United Arab Emirates.