Terms & Conditions
Vision Bank's Terms & Conditions
We ask you to read the following terms and conditions relating to usage of Vision Bank(“Bank”) Site(“Site”). By entering and using this Site, you acknowledge that you fully understand, and agree to abide by the terms and conditions. If at any point you do not agree to these terms and conditions, then we ask you not to enter the Site, nor to view any of the contents therein. In case of conflict between these terms and conditions, and the terms and conditions of any of the Bank products and services, then the terms and conditions of any of the said Bank products and services shall prevail.
The pronoun “you”, whether in the singular or plural, refers to any individual or group of individuals who enter the Bank Site via the internet.
Intellectual Property
The logo of the Bank trademark is a registered trademark owned by the Bank. The Bank also holds the rights to any trademark or registered service that is listed on this Site. You cannot use any of the content of the Site without prior written consent from the Bank.
Site Usage:
The Bank regularly updates its Site to provide you with information on its products and services, and other financial services that you may find useful. The Site therefore facilitates your communication with the Bank, especially concerning any trade activities that you might be interested in.
Information Sent to the Site
- Any information or topics sent to the Site through the internet becomes the property of the Bank. The information or topics sent to the Site can be dealt with it without confidentiality, except in cases where there is a binding agreement with the Bank or in cases where it is necessary to deal with them confidentially, as required by applicable laws and regulations. The Bank also has the right to use the information and topics sent to its Site for any purpose or for any means the Bank believes to be appropriate, and which are in alignment with its current policies of respecting privacy and confidentiality. This right encompasses the copy, reproduction, publication and distribution of these topics, or to include them in any of the Bank own literature, in accordance with Saudi Arabia’s Data Protection Law.
- We would also like you to understand that internet usage does not provide full security. You therefore take full responsibility for any information or topics that you send, as well as any risks that are related to doing so.
No Guarantee
- The Bank has taken all the necessary steps to place information on this Site and will do its best to update it as soon as it becomes available. Additionally, the Bank does not provide any clear guarantees or a guarantee ensuring the accuracy of the information found on this Site, its approval thereof, or that it is in any way complete. It is therefore necessary for you to ensure at all times that the current offers, prices, terms and conditions on the pages of this Site are still valid, in view of the fact that the Bank maintains the right to change them at any time, and without prior notification.
- You also agree to take full responsibility in entering and using the contents on this Site for each visit that you make. By using this Site, you specifically acknowledge that the Bank disavows any responsibility regarding any harm or damage, and any direct, indirect, urgent, immediate or special claim that may result as a consequence of you entering or using the Site, even if we issue a warning that potential harm or damage could occur, and this includes any viruses that may infect your computer.
Your Access to the Site
- The Bank reserves the right to prevent you from entering or using this Site, for whatever reason it may be for instance (but not limited to) if the Bank believes that you do not act in accordance to the terms and conditions attached to visiting the Site. However, you also fully understand that preventing you from entering the Site does not in any way affect your account, or accounts held with us, as the latter will remain valid, and that you will still be able to use other banking channels.
- You also agree that the instructions and information that you have entered on the Site, and their subsequent execution, are valid, and that the Bank has the right to either continue or discontinue their execution, as judged appropriate and according to what it sees fit. You also agree to compensate the Bank on any financial losses that may result as a consequence of the execution of such information and instructions, or the regulations concerning their implementation.
- In order to protect your financial interests, the Bank may temporarily suspend you from entering the Site, with or without prior notice. If the Bank believes there may be a security problem, it can demand a further investigation and make some inquiries. Once an appropriate solution has been found to the security problem, and the Bank is satisfied by the results, you will once again be able to re-enter the Site.
Products and Services provided by Other Parties
- Any web links on the Site pertaining to other parties (institutions, companies, organizations, …etc.) are the responsibility of these parties, and are not subject to either be severed or authorized by the Bank, its partners, agents or representatives. You take full responsibility for using those web links, and the Bank takes no responsibility regarding the content found on those sites or their usage. The Bank does not make any enquiries to determine the level of accuracy concerning the contents found within those sites, nor how true the information therein may be. We also do not agree, encourage or support the opinions and points of content found on the pages of those sites whether the latter be clear or tacit.
- The Bank provides no guarantees or financial contingencies – for whatever reason it may be – for the products and services that you have purchased, partaken in, or obtained from other parties through the Bank Site. The Bank is also free of all responsibility regarding any guarantees regarding any of those products and services.
Applicable Laws and Jurisdiction
These terms and conditions are subject to the laws and regulations of the Kingdom of Saudi Arabia. Any dispute arising out or in connection to these terms and conditions, shall be referred to the competent court in the Kingdom of Saudi Arabia.
Disclaimer of Liability
The Bank assumes no liability for any damages or losses, including (but not limited to) negligence leading to any damage or loss of any kind, whether direct, incidental, special, or consequential. This includes any expenses or losses that may arise due to your use of this website or application, or your inability to use it, errors, omissions, delayed system response (due to communication system failures), operational disruptions, malfunctions, computer viruses, complete system failure, loss of profits, or harm to your reputation. This applies even if you were explicitly informed of the possibility of such occurrences. Additionally, the Bank disclaims liability for any issues resulting from accessing, using, browsing, or linking to other websites through this website or application.
Changes and New Developments
- The Bank has the right to change or replace these terms and conditions with other new terms and conditions, or to replace a current page or pages on our internet site without any notice. Similarly, you, by entering and using this Site, it is considered that you consent to any changes that occur within this Site.
- It is therefore the Bank's right to make complete or partial changes, or to temporarily or permanently suspend or terminate this Site, without any prior notice. You also agree that the Bank bears no responsibility towards you or towards any other party regarding making any changes, suspending or terminating this Site.
Accepting the Terms and Conditions
- You are fully aware that your electronic acceptance of these terms and conditions means accepting them in full and accepting what is stated in the statement of commitment to using the Site in accordance with these terms and conditions.
- By you continuing to use the Site, this constitutes your acceptance of these terms and conditions.