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Termination of Service

Termination of service is the annulment of the Agreement on Property Rights Transfer by Digital Title Units, implying a full interdict on the use of the system and its services without a possibility for the owner of the WMID to re-register in the future.

The denial of service applies to all WMIDs that belong to the member of the System with whom the 'Agreement on Property Rights Transfer by Means Of Digital Units' is annulled.

At the time or registration in the System, each Member shall accept the terms of all the Agreements, governing the WebMoney Transfer system operations and shall abide by them.

Shall the WMID holder breach the terms of an Agreement on purpose and shall he/she be engaged in illegal activities, he might be denied the System services in order to protect the System and its Members.

Please be advised that any disputes arising between the Members of the System shall be settled in the Arbitration service, through the procedure of filing complaints and claims, Decisions adopted by the Arbitration service are binding for all participants. A refusal to abide by the decision of the Arbitration service shall be deemed an explicit breach of the Agreement terms, and shall be perceived valid grounds for the denial of services.

If a Member of the System is denied services, he is granted the right to withdraw the funds remaining in his purse, provided there were no claims filed against him/her by other System Members. The balance withdrawn from the purse can be transferred ONLY to a bank account, opened in the same name as the WMID, and to a local bank of the country where the Member’s home country.

If there are funds kept on purses of different types, you should exchange it to one currency and transfer to one purse (R-purse for citizens of Russian federation, U-purse for Ukraine, B-purse for Belarus, Z- and E-purses for all other countries). The exchange should be performed from the WM Keeper menu instantly. After that you can draw up a withdrawal of these funds to a bank account opened in the local currency of the country of the member's residence.

In case of the denial of service, withdrawn funds can be transferred only using the WebMoney Banking service, and an SMS or E-num confirmation of transaction is not required.