Terms of Service

Terms of Service for Dracki Money Transfer Service

Last Updated: December 22, 2025

These Terms of Service (“Terms”) govern your access to and use of the website located at dracki.com (the “Website”), the Dracki mobile application (the “App”), and the money transfer services provided therein (collectively, the “Services”) by Dracki Financial Services LLC (“Dracki,” “we,” “us,” or “our”).

The Services are designed exclusively for sending money to friends, family, and trusted individuals you know personally. By accessing or using the Services, you agree to be bound by these Terms. If you do not agree, you must not access or use the Services.

1. Acceptance of Terms

By registering an account, initiating a transaction, or otherwise using the Services, you accept these Terms and any amendments thereto. We may update these Terms at any time by posting the revised version on the Website or App. Continued use of the Services after changes constitutes your acceptance of the updated Terms.

2. Eligibility

To use the Services, you must:

  • Be at least 18 years old (or the age of majority in your jurisdiction).
  • Have the legal capacity to enter into binding contracts.
  • Reside in a country where the Services are offered.
  • Provide accurate and complete information during registration and verification.

You represent and warrant that you will use the Services only for lawful personal transfers to recipients you know and trust.

3. Account Registration and Verification

To use the Services, you must create an account and provide required information, including identity verification documents. We comply with applicable Know Your Customer (KYC) and Anti-Money Laundering (AML) laws, which may require enhanced due diligence.

We reserve the right to refuse, suspend, or terminate accounts if information is incomplete, inaccurate, or if we suspect fraudulent or illegal activity.

4. Money Transfer Services

  • Initiating Transfers: You may send money by providing recipient details, amount, and funding source (e.g., bank account, debit/credit card).
  • Fees and Exchange Rates: All fees, taxes, and exchange rates (if applicable) will be disclosed before you confirm a transfer. You agree to pay all applicable fees.
  • Transfer Limits: Limits apply based on your verification level, jurisdiction, and risk assessment.
  • Delivery: Funds may be delivered via bank deposit, cash pickup, or other methods available in the recipient’s country. We do not guarantee delivery of goods or services paid via our Services.
  • Cancellations and Refunds: Transfers may be canceled before payout, subject to fees. Once paid out, transfers are generally irreversible.

5. Prohibited Activities

You agree not to use the Services for:

  • Illegal activities, including money laundering, terrorist financing, fraud, or sanctions evasion.
  • Commercial purposes, such as payments for goods/services, business transactions, or operating as a money transmitter on behalf of others.
  • Sending money to strangers or unknown parties.
  • Violating any laws, including export controls or sanctions.
  • Any activity that could harm the Services or other users.

We monitor transactions for compliance with AML/CTF regulations and may delay, block, or report suspicious activity to authorities.

6. Anti-Money Laundering and Sanctions Compliance

We are committed to preventing money laundering and terrorist financing. You warrant that funds transferred are from legitimate sources and not linked to criminal activity.

We screen users and transactions against sanctions lists and may require additional information. You agree to cooperate with any investigations.

7. Intellectual Property

All content, trademarks, and technology related to the Services are owned by us or our licensors. You are granted a limited, revocable license to use the Services for personal purposes only.

8. Privacy

Your personal information is handled in accordance with our Privacy Policy, available on the Website.

9. Disclaimer of Warranties

The Services are provided “as is” and “as available” without warranties of any kind. We do not guarantee uninterrupted, error-free service or that transfers will complete without delay.

10. Limitation of Liability

To the maximum extent permitted by law, we shall not be liable for indirect, consequential, or punitive damages arising from your use of the Services. Our total liability shall not exceed the fees paid by you for the affected transaction.

We are not liable for delays or failures due to third parties, force majeure, or regulatory actions.

11. Termination

We may suspend or terminate your access at any time, without notice, for breach of these Terms, suspected illegal activity, or other reasons.

12. Governing Law and Dispute Resolution

These Terms are governed by the laws of the State of Delaware, United States, without regard to conflict of laws principles.

Any disputes shall be resolved exclusively in the courts of Delaware.

13. Contact Information

For questions about these Terms or the Services, contact us at [email protected].

Important Note: This is a sample Terms of Service inspired by common practices in the money transfer industry. It is not legal advice and may not fully comply with all applicable laws, including financial regulations, consumer protection rules, or licensing requirements for money transmission. Operating a money transfer service requires appropriate licenses (e.g., Money Transmitter Licenses in relevant jurisdictions). We strongly recommend consulting qualified legal counsel specializing in financial services to customize this document and ensure full compliance.