Terms and Conditions for Using the Khazna App - Earned Salary Access Service

1. Definitions

• Client: Any natural person over the age of 18 who completes the registration process and agrees to the terms.
• Employer: The legal entity (company, institution, or organization) that employs the Client and is responsible for disbursing their monthly salary, and which may, based on prior arrangements, deduct amounts owed to Khazna from the Client's salary.
• Account: The electronic account created for the client within the App to benefit from the services.
• Earned Salary Access: A financial service that allows the client to withdraw a portion of their salary in advance, in accordance with the company's policies.
• PIN Code: A personal identification number used to secure the account.
• Fees: Any amounts charged by Khazna for the provided services, as per the disclosed fee schedule.
• Personal Data: Any information related to the client's identity or financial details.

2. Registration and Use of the App

• The client is required to complete the Know Your Customer (KYC) process in accordance with local regulations.
• Khazna reserves the right to approve or reject the registration request at its sole discretion.
• The client is responsible for providing accurate and up-to-date information.

3. Security and Privacy

• Khazna is committed to maintaining the confidentiality of the client's data and will not share it with any third party unless legally required or explicitly authorized by the client.
• The client is solely responsible for safeguarding login credentials and PIN.
• The client has the right to access, update, or request deletion of their personal data after the regulatory retention period.

4. Client Responsibilities

• The client must not misuse the App for any illegal purposes (e.g., fraud, money laundering).
• The client must not share account credentials or delegate access to others without written consent from Khazna.
• The client agrees to repay the accessed salary amount on time.

5. Khazna's Limitation of Liability

• Khazna is not liable for any damages resulting from unauthorized account use.
• Khazna does not guarantee uninterrupted service or that the App will be error-free.
• In the event of a technical fault, Khazna will reasonably attempt to resolve the issue.

6. Account Suspension or Termination

Khazna may suspend or terminate the account in any of the following cases:

• If the account is used in violation of these terms or applicable laws.
• If fraudulent or suspicious activity is detected.
• If incorrect or misleading information is provided.
• Upon official request from regulatory authorities.
• Upon the client's request, after settling all outstanding balances.

7. Fees and Payments

• Service-related fees are clearly listed within the App and may be deducted from the earned salary or paid through other agreed methods.
• A notification will be sent immediately after every disbursement or deduction.

8. Data Protection

• Khazna applies high standards of data security in compliance with local data protection laws.
• Sensitive data will not be used for marketing purposes. Some non-sensitive data may be used to improve service quality.

9. Amendments to Terms

• Khazna reserves the right to modify these terms at any time. Clients will be notified of any changes at least thirty (30) days in advance.
• Continued use of the App after any modifications constitutes acceptance of the updated terms.

10. Governing Law and Jurisdiction

These terms are governed by the laws of the Kingdom of Saudi Arabia. Any disputes shall be subject to the jurisdiction of the competent courts in Riyadh.

11. Final Consent

By using the App, the client acknowledges that they have read, understood, and agreed to these terms, and authorize Khazna to process their data solely for the purpose of providing the Earned Salary Access service in a lawful and regulated manner.