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Foreign Exchange rates are subject to fluctuations depending on market movements and other factors and may result in both opportunities and risks. Conversion of foreign currency into your home currency or any other currency may result in gain or loss depending on the prevailing applicable exchange rates. The Foreign Exchange rates emanates from the Foreign Exchange Management Act, 1999 and the regulations of the Reserve Bank of India issued from time to time. The RBI, in the imminence of or during a foreign exchange crisis or in times of national emergency, may temporarily suspend or restrict sales of foreign exchange. Other exchange controls (whether in India or in the jurisdiction of the currency) may be applicable from time to time.
IndiaPay makes and has made no representation or warranty as to the quality, condition, fitness and performance of the third party products and services which IndiaPay shall be distributing as a gift or reward. Further, IndiaPay does not warranty that any third party products/services shall be uninterrupted, timely, accurate, reliable, correct or secure; that such products/services shall be available at any particular time or location; that any defects or errors will be corrected. IndiaPay shall not be liable or responsible in any manner whatsoever for any delay in delivery (or non-delivery) of such products/services or any damage costs or for any defect or variation in the quality, condition or fitness or performance of such products/services or any guarantees or warranties given by the manufacturer/dealer/seller of the product/service.
Online remittances made through “IndiaPay” are governed by the RBI and Indian banking regulations and by U.S. regulatory agencies. Charges for remittance services are subject to change from time to time at the sole discretion of the IndiaPay. Any reference to the time of delivery or other service levels are only indicative and should not be construed to refer to any commitment by IndiaPay or any other service provider. The service levels are subject to variations depending on several factors, including without limitation, the clearing house network, the other service provider etc.
*exchange rates cited as examples of rates which may be in effect from time to time are indicative rates only and are subject to change at any time at the sole discretion of IndiaPay or its affiliates, as the case may be, and applicable US and Indian laws.
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