Please read these Terms and Conditions carefully before using Al Ansari Exchange’s Digital Channels. By clicking accept, you agree and understand that you have read, understood and acknowledged these terms and conditions. Other terms and conditions may be applicable to certain products, services or offers made available on the mobile application or online portal, if there is any conflict or inconsistency between the terms and conditions, those specific terms will prevail to the extent of those products, services or offers. For your future reference, you can review these Terms and conditions on our website, alansariexchange.com.

1. Regulatory status

Al Ansari Exchange L.L.C is governed and regulated by the Central Bank of the UAE. Its registered office address is Amin Tower, Liwa Street, PO Box 325, Abu Dhabi, United Arab Emirates.

2. Definitions and Terminologies

The following words and phrases have the meaning set out below unless the context indicates otherwise:

• KYC – know your customer (KYC) refers to due diligence activities conducted by Al Ansari Exchange as per regulatory requirements to ascertain the relevant information of the customer/sender.
• ICP – Federal Authority for Identity, Citizenship, Customs & Port Security

3. General Terms and Conditions

3.1 Registering for Al Ansari Exchange Digital Channels

3.1.1 Eligibility for using Al Ansari Exchange Digital Channels

Individuals:

1. You should be over 21 years of age.
2. You should be a resident in the UAE with a valid Emirates ID issued by ICP

Corporates:

1. Individual operating the digital channel for the corporate entity must be authorised by the corporate entity.
2. Authorised users should be a UAE resident with a valid Emirates ID issued by ICP.

3.1.2 Registration Requirements

Registering on Al Ansari Exchange (AAE) Digital Channels requires the following conditions to be met:

Individuals:

• Register as a customer of Al Ansari Exchange and ensure all KYC information is up-to-date.
• Provide an original and valid Emirates ID at the branch for verification.
• Read and agree to the Terms and Conditions listed on the digital channel used (mobile application /online portal).

Corporate:

• Register as a customer of Al Ansari Exchange and ensure all KYC information is up-to-date.
• Complete and submit the User Access form, signed by the authorised signatory, to authorise users to submit/verify transactions on behalf of the company through AAE digital channels.
• Read and agree to the Terms and Conditions listed on the digital channel used.

Activation of digital channels for conducting online transactions is subject to AML and Compliance Department approval, in line with our internal policies and governing AML and CFT laws and regulations. Application for activation of the mobile  application or online portal user registration may be rejected due to insufficient or inaccurate information or documents and matters related to AML Compliance Policies and Procedures. All subsequent changes in the profile of the customer are subject to verification and approval.

3.2 Features of Al Ansari Exchange Digital Channels

Al Ansari Exchange App offers various services and features not limited to those listed below. Al Ansari Exchange reserves all the rights to make changes to the services and features at any time without prior notice or consent from you. For the latest features, you are advised to check the mobile application or online portal.

3.3 Fees and Charges for Transactions

The fees and charges for transactions are displayed at the time of initiating a transaction. VAT applicable on the transactions is also displayed. By proceeding with the transaction, it is understood that you have agreed to the applicable charges for the transaction.

3.4 Notifications

Al Ansari Exchange may send specific and timely notifications via email, pop-up screen in your mobile device, web browser or SMS. You agree and acknowledge that the notifications may be delayed or prevented by factors affecting the service provider and other relevant entities, and we do not guarantee the delivery, timeline or accuracy of the notifications.

1. Non-delivery, delayed delivery or wrong delivery of a notification.
2. Inaccurate or incomplete content of a notification
3. Use or reliance by you on the contents of an alert for any purpose.

3.5 Remittance Transactions

1. Transfers/Remittances are considered executed and delivered unless a claim is received within 3 months for cash payout and 6 months for bank transfer from the date the remittance was made.
2. Any amendments or re-issuance of the remittance transaction for whatsoever reason will be subject to regular charges and settlement of any rate differences, if applicable.
3. Transactions may be rejected automatically while initiating the transaction, subsequently or while making the payment as per the updated Regulatory or Correspondent Bank’s Compliance Policy and Procedures.
4. Upon submitting the transaction, you confirm and acknowledge the correctness, authenticity and legality of all the transaction details and will be held responsible for the above mentioned. Al Ansari Exchange, its employees and its agents are indemnified and held harmless from any claims, including but not limited to delays, delivery failures, and mistakes, losses resulting from any wrong information in the transaction receipt, as well as force majeure events or any other circumstances beyond our control. Our liability is limited to performing necessary amendments at the shortest time if possible. Al Ansari Exchange has the right to recover any amount paid due to errors or oversight.
5. Refund against Cancellation of Transfers or any other Remittance transaction returned unpaid for whatsoever reason will be refunded to the sender at the prevailing market buying rate or transaction rate whichever is lower, excluding the sending charges, VAT and any deductions from the beneficiary bank, cancellation fees and any other expense incurred as a result. A confirmation of non-payment and cancellation of the original instruction is required from our correspondent bank or agent before a refund is made. Sender has to submit a written request at branch in order to initiate the cancellation procedure. Refunds will be done only through the Original Mode of Payment. In case the sender is a corporate, refunds or amendments can be conducted through the authorised representative and will not be refunded or paid in CASH under any circumstances. The refund will be made through selected branches only in the form of a cheque in favour of the corporate name of the sender.
6. In case the sender is a corporate, Al Ansari Exchange LLC will deal with the person(s) duly authorised by the company supported by an authorisation letter signed by the authorised signatory of the company.
7. Al Ansari Exchange reserves the right to use services of intermediary banks and financial institutions in any country of its choice for the execution of this transfer. Correspondent and/or intermediary charges are applicable to some countries and will be deducted at the receiving end.
8. All types of remittances conducted are subject to local, federal and international laws as well as the Central Bank of the UAE regulations. All customers’ information and supporting documents must be provided as per requirements of local and international regulations and standards. The transaction may be blocked if found suspicious. The sender and beneficiary will be fully responsible for providing necessary evidence and clarification about any inquiry, including the exact purpose of remittance, relationship, source of fund, etc. to prove legitimacy and legality of the information and fund involved, as well as any follow-ups required with the concerned authorities to effect the payment or claim a refund. In such cases, Al Ansari Exchange will not bear any responsibility.
9. Any transaction-related complaint should be lodged within a maximum period of fourteen (14) days from the date of transaction. Al Ansari Exchange will take all possible efforts to resolve any issues for services provided by a third party by coordinating with the concerned service provider. Al Ansari Exchange has no liability as an agent towards any related services. The third party will be fully liable for the completion of its service in accordance with its terms and conditions.
10. It is your responsibility to safeguard your login credentials and devices in order to protect yourself. All transactions submitted through your online profile after a login, will be considered as submitted by the registered customer and without any conditions or stipulations attached.
11. For Western Union® transfers, please refer to their existing terms and conditions available on leaflets within our network of branches or the Western Union® website.
12. Individual customer understands and agrees that only personal transactions are allowed through the Digital channels.
13. Corporate customers understand and agree that only their registered corporate’s transactions are allowed through the Digital Channels. They must not process transactions on behalf of another corporate or individual.

3.6 Bill Payments

1. Bill Payments (including credit card bill payment) may have additional charges and would be intimated at the time of the transaction.
2. Bill Payments (including credit card payments) are not instant payments and may take 1-2 working days for the selected institution to receive the payment.
3. Al Ansari Exchange is not liable for any damages or penalties incurred by the sender as a result of paying the bill through the digital channel. The responsibility of Al Ansari Exchange is to process the transaction as per the details provided by the sender upon receiving fund confirmation.

3.7 Reload AAE TravelCard

1. The customer is responsible for ensuring the TravelCard number entered is correct. Reload will be done onto the card number provided. The cardholder name is displayed only for easy reference for the customer and will not be validated at the time of travel card reload.
2. Only TravelCard issued by Al Ansari Exchange will be available for TravelCard reload.
3. TravelCard Reload may have additional charges and would be intimated at the time of the transaction.
4. TravelCard account shall only be loaded upon receiving fund confirmation from the payment gateway/bank for the transaction
5. Balance in the TravelCard selected will be shown only to the card holder.

3.8 Salary Processing

1. Transaction creation does not guarantee the transaction being considered for processing. Transactions shall only be processed upon fund confirmation and verification of transaction details.
2. Al Ansari Exchange will not be responsible for any transaction being rejected due to incorrect employee details provided.

3.9 Manage Prepaid Cards

1. Customer can manage Prepaid cards issued by Al Ansari Exchange on the Al Ansari Exchange App.
2. If the customer has multiple prepaid cards with Al Ansari Exchange, the customer would be able to see and manage all of them.

3.10 Plus Rewards programme

1. Customer can view their accumulated points on the Plus Rewards Loyalty Programme.
2. Customer can redeem their accumulated points through the mobile application.

3.11 Online Payment Modes

3.11.1 Paying with Bank Transfer

1. Please use your own account for funding the transactions. We do not accept payments made through third party accounts via Net Banking. Using third party accounts would result in your transaction being cancelled or rejected in order to protect you from fraud.
2. The transaction will be processed once the funds are credited to the respective bank account of Al Ansari Exchange.
3. Al Ansari Exchange cannot be held liable for any interbank charges by your bank for making an internal fund transfer.

3.11.2 Paying with Credit/Debit Card

1. We accept payments online using Visa and MasterCard credit/debit card issued in UAE in AED currency only.
2. Payment via Credit Cards may be considered a Cash Advance by the issuing bank. Al Ansari Exchange is not liable for any additional charges levied by the banks for this payment mode.
3. All card payments are processed securely through our payment provider using a Hosted Payment page. We do not store any card information. The app redirects the cardholder from the merchant’s website to a separate and secure webpage where the customer enters their confidential, sensitive payment data.

3.12 Transaction History

As part of the digital channel offering, Transaction History will be available for viewing purposes. However, this is provided for reference only and should not be considered as legal proof of transactions. The transactions listed may not be comprehensive or completely accurate due to differences in customer profile information during the course of the customer relationship with Al Ansari Exchange. You have to make a formal request to the Al Ansari Exchange branch for a statement of transactions made at Al Ansari Exchange.

Status of Transactions:

• Completed (or) processed: Transactions have been processed by Al Ansari Exchange and do not mean credit/receipt to the beneficiary. To know the credit status, you will have to make an enquiry through the contact us page stating the transaction number.
• Created: Transaction has not yet been processed by Al Ansari Exchange. If the payment mode chosen was “Pay at Branch”, you have to make the payment at any Al Ansari Exchange branch within the timeframe stated at the time of transaction creation. If the payment mode is fund transfer via bank, we are awaiting credit of the amount to our account to process the transaction. A created transaction is a temporary status and may eventually become either completed, rejected or expired.
• Expired (or) rejected (or) cancelled: Transaction has not been processed by Al Ansari Exchange and will definitely not be processed. This is due to non-receipt of payment for the transaction.
• SIF Created: The transaction has been created by the initiator and is pending verification by the approver.
• SIF not submitted: The transaction has been completed by the user and is awaiting fund confirmation from the bank for the SIF file to be sent for processing.
• SIF being processed: The transaction has been sent for processing and is awaiting confirmation.
• SIF processed successfully: Transaction has been processed successfully and confirmation received.

3.13 Login Credentials and OTP

1. Al Ansari Exchange Digital Channels requires a login, with the login credentials set up by you, to start the services. OTP (One Time Password) are implemented at critical places to ensure control over access and activity on the mobile application and web.
2. You are responsible for the confidentiality and use of your login credentials and OTP. You must not disclose your login credentials or OTP to any third party, and must not authorise any third party to use your profile for any purpose whatsoever. You agree to take reasonable measures and due care to protect your login credentials against misuse by third parties. As a means of precaution, you understand that it is recommended to change the login credentials at periodic intervals.
3. You must notify Al Ansari Exchange immediately if you have knowledge or have reason for suspecting that the confidentiality of your login credentials has been compromised or if there has been any unauthorised use of your digital profile (such as where you notice any unauthorised transactions or unauthorised access to your Accounts) or your login credentials have been disabled after a number of incorrect password attempts.
4. You must notify Al Ansari Exchange when you update your mobile number in order to avoid OTP being sent to the new user of the mobile number and potentially leading to a breach of your online profile.

3.14 Profile Inactivation

Al Ansari Exchange has the right to inactivate the digital channel profile of a customer without any intimation, due to an untimely response or insufficient/inaccurate information provided by the customer and matters related to AML Compliance Policies and Procedures of Al Ansari Exchange. Al Ansari Exchange will not be liable for any consequences arising out of such inactivation. Inactivation of a profile does not necessarily mean the customer cannot use the traditional branches for conducting future transactions. Any transaction in process at the time of profile inactivation will be processed as per the terms and conditions associated with the said service. A customer can request the inactivation of his/her profile by visiting any Al Ansari Exchange branch and submitting a formal request.

3.15 Security Issues, Software and Hardware

You will ensure that you maintain and update/upgrade all software, hardware and/or equipment, as applicable from time to time, to avail, access and use the services of Al Ansari Exchange and be compatible with Al Ansari Exchange digital channels at your own risk. You undertake to ensure that computers or mobile phones you use to access Al Ansari Exchange digital channels are free from any malware, virus, Trojan or such other computer/internet contaminants. Al Ansari Exchange is at liberty to change, vary or upgrade its software, hardware or operating systems, etc., from time to time and will be under no obligation to support your software, hardware, operating systems and that the same will be your sole responsibility. Al Ansari Exchange will not be liable for any losses that may be suffered by you as a result of any incompatibility between the Service software and any computer, mobile phone or other device from which you may use to access the Service or non-use of the Service due to such incompatibility issues. The digital platforms are provided “as is” without any warranties of any kind. To the fullest extent permissible under applicable laws, Al Ansari Exchange disclaims all such warranties, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy, freedom from errors, suitability of content, or availability.

You agree not to engage in any of the following activities:

• Copying, distributing, or disclosing any part of the platform in any medium, including without limitation by any automated or non-automated “scraping”.
• Using any automated system, including without limitation “robots,” “spiders,” “offline readers,” etc., to access the digital platform in a manner that sends more request messages to the servers than a human can reasonably produce in the same period of time.
• Transmitting spam, chain letters, or other unsolicited email.
• Attempting to interfere with, compromise the system integrity or security or decipher any transmissions to or from the servers running the platform.
• Taking any action that imposes, or may impose at our sole discretion, an unreasonable or disproportionately large load on our infrastructure.
• Uploading invalid data, viruses, worms, or other software agents through the platform.
• Collecting or harvesting any personally identifiable information from the platform.
• Using the platform for any commercial solicitation purposes.
• Impersonating another person or otherwise misrepresenting your affiliation with a person or entity, conducting fraud, or hiding or attempting to hide your identity.
• Interfering with the proper working of the platform, including tampering with or attempting to alter the application in any form.
• Accessing any content on the site through any technology or means other than those provided or authorised by the platform.
• Bypassing the measures we may use to prevent or restrict access to the platform, including without limitation features that prevent or restrict use or copying of any content or enforce limitations on use of the platform or the content therein.

3.16 Record Maintenance

Al Ansari Exchange will maintain records of transactions, KYC information, customer feedback or complaints as mandated by the law and regulations. The period of retention of such records will be in the sole discretion of al Ansari Exchange as per statutory regulation or our internal policy. You hereby agree that you will not challenge or dispute the admissibility, reliability, accuracy or authenticity of the contents of such records merely on the basis that such records were set out in electronic form or were the output of a computer system, and you hereby waive any of your rights to object.

3.17 Liability

You acknowledge and agree that:

1. Any transaction that originates from your mobile application or a web browser using your User ID and Password/PIN, whether initiated by you or not, will be deemed to have originated from you.
2. You will be liable for all loss from unauthorised transactions if your credentials are compromised and will not hold Al Ansari Exchange liable for any loss that you may suffer as a result.
3. Illegal or improper use of Digital Channels by you or any other person will result in suspension of your account.
4. You are aware that the internet/email is not a secure or error-free medium of communication and of the possible risks involved in connection with the transmission of information via email/internet.
5. You are aware that universally it is understood that there is no way to verify that technologies are foolproof or tamperproof and/or to keep up with the latest technology as available at any particular time.
6. You understand and agree that Al Ansari Exchange does not accept liability for any errors or omissions in the content of the email messages and its attachments. You undertake to keep us indemnified at all times against and to save us harmless from all actions, proceedings, claims, loss, damage, costs and expenses including consequential losses/damages, which may be brought against us and which will have arisen either directly or indirectly out of or in connection with us sending account statements and other documents on email.

3.18 Accuracy of information

You will be responsible for the correctness of information supplied by you to Al Ansari Exchange through the digital channel or through any other means such as electronic mail or written communication. Al Ansari Exchange accepts no liability for the consequence arising out of erroneous, incorrect or incomplete information supplied by you. If you suspect that there is an error in the information supplied by you, you will advise Al Ansari Exchange as soon as possible. Al Ansari Exchange will endeavour to correct the error wherever possible on a ‘best effort’ basis.

3.19 Data Processing

Al Ansari Exchange places utmost importance on the privacy and protection of clients and considers this to be a critical part of the services rendered. You accept that all information/instructions that will be shared by you shall be governed by the Al Ansari Exchange Privacy Policy. Al Ansari Exchange Privacy Policy can be found on the website (alansariexchange.com/privacy-policy).

You hereby consent to Al Ansari Exchange’s collection, use, disclosure and processing of information in accordance with Al Ansari Exchange’s Privacy Policy and these Terms and Conditions.

Al Ansari Exchange processes your personal data for your each transaction/payment, as far as necessary, during the entire duration of the business relationship as well as in accordance with the mandatory record retention as required by the law.

All credit/card debit card details and personally identifiable information will NOT be stored, sold, shared, rented or leased to any third parties.

As part of our KYC process, you must provide us with all personal details that are necessary to record in our system to maintain the business relationship with you and also any additional data that we are required by the law to collect or by the requirement of our correspondent banking agents. If you do not provide us with such data, we cannot proceed further with your membership registration or execute any payments or transactions.

By signing this form you are confirming that you are consenting to Al Ansari Exchange for recording/processing your personal data for the following purposes:

• To record your personal details in our system for our KYC/due diligence purpose;
• To process your transaction with basic personal details, through data processors and correspondent/intermediary banking agents;
• To provide additional details to correspondent/intermediary banking agents, when requested;
• To provide your KYC information to Law Enforcement Agencies/Financial Regulators, when requested;
• To store your transaction details and KYC information at warehouses for record retention purposes.
• To provide you with Al Ansari Exchange-related marketing communication from time to time.

3.20 Assignment

Al Ansari Exchange has the exclusive right to assign or transfer its rights and obligations under the terms to anybody or any entity of its choice in whole or in part and in such manner and on such terms and conditions as Al Ansari Exchange may decide. Any such assignment or transfer will conclusively bind you and all other persons. You are not entitled to assign or transfer any of your rights and obligations under these Terms and Conditions to any third party without prior written consent of Al Ansari Exchange.

3.21 Intellectual Property

You acknowledge that the intellectual property rights of Al Ansari Exchange are owned by Al Ansari Exchange, its Affiliates, or the Providers. No part or parts of the Al Ansari Exchange Digital Channels may be reproduced, distributed, republished, displayed, broadcast, hyperlinked, transmitted, adapted, modified to create derivative works or otherwise commercially exploited in any manner or by any means or stored in an information retrieval system without our prior written permission.

3.22 Indemnification

You agree and undertake to fully indemnify Al Ansari Exchange, its affiliates, service providers, subcontractors, and agents, and to hold each of the aforementioned parties harmless, from and against all liabilities (including settlement sums), losses, charges and expenses (including legal fees and disbursements on a solicitor-client basis), claims, demands, actions and proceedings which Al Ansari Exchange, its affiliates, service providers, subcontractors and agents may incur, suffer or sustain directly or indirectly from or by reason of or in relation to the use, misuse or purported use or misuse of Al Ansari Exchange Digital Channels, and will pay such monies to Al Ansari Exchange upon its demand.

3.23 Variation in Terms and Conditions

Al Ansari Exchange may, by notice through digital channels or by such other method of notification as it may designate (which may include notification by way of email), vary these Terms and Conditions, whereupon such a variation will take effect on the date specified by us (which will generally be no less than thirty (30) days from the date of the notice). If you use Al Ansari Exchange Digital Channels, including any new services after such date, you are deemed to have accepted such variations and such amended Terms and Conditions will be binding on you. If you do not accept the variation, you must stop using Al Ansari Exchange Digital Channels. Al Ansari Exchange has the right to vary these Terms and Conditions in the manner aforesaid without the consent of any person or entity who is not a party to these Terms and Conditions.

3.24 Illegality

If at any time any provision of these Terms and Conditions will be or will become illegal, invalid or unenforceable in any respect, the legality, validity and enforceability of the remaining provisions of these Terms and Conditions will not be affected or impaired thereby and will continue in force as if such illegal, invalid or unenforceable provision were severed herefrom. Waiver of any of the covenants to be performed by you or any breach by you will not be construed to be a waiver of any succeeding breach by you or of any other covenant. Our rights and remedies in these Terms and Conditions are cumulative and not exclusive of any other rights or remedies provided by law.

3.25 Notice

3.25.1 Communication from Al Ansari Exchange

You hereby authorise Al Ansari Exchange to send promotional messages from time to time by way of SMS and/or Email and/or Notifications on Phone. Al Ansari Exchange is entitled to send you “notifications in the Al Ansari Exchange and Email/SMS notifications relating to your access to and use of the Al Ansari Exchange App and any updates on related services.

3.25.2 Communications through electronic means

Electronic delivery may be in the form of electronic mail, an attachment to the electronic mail, or in the form of an available download from the Digital Channels. Al Ansari Exchange will be deemed to have fulfilled its legal obligation to deliver to you any document if such document is sent via electronic means. Failure to advise Al Ansari Exchange of any difficulty in opening a document so delivered within twenty-four (24) hours after delivery will serve as an affirmation regarding the acceptance of the document. It may be noted that alerts, if sent through SMS will be sent to the registered mobile number only. All communication by Al Ansari Exchange will be in English & Arabic and will be through email to your email address as per our records; or using electronic services or any other electronic media or through your mobile. Where necessary, Al Ansari Exchange may also give any notice and communication through the press, radio, television, internet or any other media at the discretion of Al Ansari Exchange. Any communication from Al Ansari Exchange to you will be deemed to have been received by you and complete:

1. If sent by email – at the time of sending to your email address.
2. If sent by electronic services – at the time it was sent.
3. If made through the press, radio, television or internet – at the time it was made.
4. If made over the mobile application or online portal – at the time of publishing.

3.25.3 Feedback and Complaint Mechanism

Customers can contact Al Ansari Exchange through the contact us page in the mobile application or online portal or email us at [email protected] for registering feedback or complaints. Al Ansari Exchange reserves the right to investigate complaints regarding the use of digital channels or reported violation of these terms and to take any action deemed appropriate, including but not limited to reporting any suspected unlawful activity to law enforcement officials, the appropriate authorities or regulators and disclosing any information necessary or appropriate to such officials, authorities or regulators, whether located in the UAE or outside the UAE.

3.25.4 Governing Law and Jurisdiction

These Terms and Conditions for the Al Ansari Exchange App shall be governed by and construed in accordance with the federal laws of the United Arab Emirates and the laws as applicable in the Emirate of Dubai, and you irrevocably submit to the exclusive jurisdiction of the Dubai courts.

4. Electronic Signature

Electronic Signature (hereinafter referred to as ‘eSignature’) shall have the meaning ascribed under Federal Law No. (1) of 2006 On Electronic Commerce and Transactions or its subsequent amendments thereto. The following terms and conditions apply to your use of eSignature across the application/platform.

1. By ticking “I agree with the above-mentioned term and conditions,” you are signing these terms and conditions electronically. You provide your consent to be legally bound by the terms and conditions and also to provide your undertaking and approval to obtain and disclose information about you as per the terms and conditions. You agree your eSignature is the legal equivalent of your handwritten signature recognised before all authorities and bank documents, whether located in the UAE or outside of the UAE.
2. You further agree that your use of a keypad, mouse or other device to select an item, button, icon or similar act/action, or to otherwise provide Al Ansari Exchange, or in accessing or making any transaction regarding any agreement, acknowledgement, consent, disclosures or conditions, with the Al Ansari Exchange or a third party using Al Ansari Exchange system, constitutes your signature, acceptance and agreement, as if actually signed by you with a pen in writing.
3. You also agree that no certification authority or other third-party verification is necessary to validate your eSignature and that the lack of such certification or third-party verification will not in any way affect the enforceability of your eSignature or any resulting contract between you and Al Ansari Exchange.

Do not agree until you have read the above Terms and Conditions

By my agreement below, I confirm that I have read, fully understand and accept all terms of the above Terms and Conditions and I waive my right to a cooling-off period in order to process the transaction immediately upon payment completion.

Please note that your agreement will be accepted as the electronic equivalent to a handwritten signature and/or as an electronic signature as may be permitted under/by any applicable law.