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SMDP LLC — Registered Address: Meydan Grandstand, 6th Floor, Meydan Road, Nad Al Sheba 1, Dubai, UAE. P.O. Box: 95195, Dubai, United Arab Emirates. Email: askme@shaomacao.com
1.1. SMDP LLC (a Free Zone Company registered in the United Arab Emirates) operates as an aggregator Platform providing Users with a software interface for posting advertisements regarding mutual cash currency exchange (Peer-to-Peer, P2P).
1.2. Agency Clause: SMDP LLC acts solely as an information intermediary (agent). The Company is not a party to any monetary transfers, does not accept or hold User funds, and is not a payment agent.
1.3. The Platform merely connects potential counterparties by providing them with each other’s contact details for the purpose of independently conducting the transaction.
2.1. The Company shall not be held liable for:
3.1. All responsibility for compliance with currency, tax, and other applicable legislation, as well as for the fulfillment of agreements regarding the amount, timing, and exchange rate, lies solely with the Users (both seller and buyer).
3.2. SMDP LLC does not guarantee the execution of the transaction and does not act as a guarantor or surety.
3.3. Registration and use of the Platform are available to Users aged 21 and over.
4.1. All disputes between Users concerning the actual transaction shall be resolved through direct negotiations between them.
4.2. In the event of a disagreement, the dispute shall be submitted to the competent judicial authorities in accordance with the laws of the country in whose territory the actual transfer of funds took place.
4.3. The Platform does not intervene in disputes between Users and does not accept claims regarding the quality of performance of obligations.
5.1. The Company reserves the right to amend these Terms at any time. Users will be notified of material changes via the Platform or email. Continued use of the Platform constitutes acceptance of the updated Terms.
6.1. These Terms shall be governed by and construed in accordance with the laws of the United Arab Emirates, without regard to its conflict of law provisions.