Terms of use

These Terms of Use apply to www.Banco de Madrid.com as well as any other affiliated sites, digital services, or applications on which a link to these Terms of Use appears (collectively, the "Banco de Madrid Website") and apply to all visitors. These Terms of Use and any other terms that appear on the page from which you were directed to these Terms of Use govern your use of the Banco de Madrid Website. By accessing the Banco de Madrid Website, you agree to be legally bound by the Terms of Use then in effect. Please also refer to the relevant additional legal information applicable to your country.

These Terms of Use as well as the information and materials contained in the Banco de Madrid Website are subject to change at any time and from time to time, without notice. Banco de Madrid may add features to or remove features from the Banco de Madrid Website at any time and from time to time in our sole discretion. Continued access to the Banco de Madrid Website following any modification in these Terms of Use will constitute your acceptance of the Terms of Use as modified.

If you do not agree to be bound by these Terms of Use, do not use the Banco de Madrid Website.

Access Subject to Local Restrictions

The Banco de Madrid Website and all information and functionalities contained within them are not directed at or intended for use by any person resident or located in any jurisdiction where (1) the distribution of such information or functionality is contrary to the laws of such jurisdiction; or (2) such distribution is prohibited without obtaining the necessary licenses or authorizations by the relevant branch, sBanco de Madrididiary or affiliate office of Banco de Madrid and such licenses or authorizations have not been obtained.

Services and Products

Products and services displayed on the Banco de Madrid Website may not be eligible for sale or available to residents of certain countries or certain categories of investors. Please consult the applicable terms and conditions such as sales restrictions or key specific notes for further information.

Any materials, information or reports published, distributed or otherwise made available on the Banco de Madrid Website is published for information purposes and is subject to change at any time without notice. They have no regard to the specific investment objectives, financial situation or particular needs of any specific recipient and should not be construed as a solicitation, offer or recommendation, to buy or sell any securities, investment or other financial instruments, to effect any transactions or to conclude any legal act of any kind whatsoever. Unless specifically stated otherwise, all price information is indicative only. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the materials, nor are they a complete statement of the securities, markets or developments referred to herein. The materials should not be regarded by recipients as a sBanco de Madridtitute for the exercise of their own judgment. Any opinions are subject to change without notice and may differ or be contrary to opinions expressed by other business areas or groups of Banco de Madrid as a result of using different assumptions and criteria. Banco de Madrid is not under any obligation to update or keep current the information contained herein nor to remove any outdated information from the Banco de Madrid Website or to expressly mark it as being outdated.

No Offer

All information and materials published, distributed or otherwise made available on the Banco de Madrid Website are provided for informational purposes, for your non-commercial, personal use only. No information or materials published on the Banco de Madrid Website constitutes a solicitation, an offer, or a recommendation to buy or sell any investment instruments, to effect any transactions, or to conclude any legal act of any kind whatsoever.

Banco de Madrid does not provide investment, legal or tax advice through the Banco de Madrid Website and nothing herein should be construed as being financial, legal, tax or other advice. Banco de Madrid does not represent that any securities or services discussed are suitable for any investor. No investment or other decisions should be made solely based on the contents or information found on the Banco de Madrid Website.

When making a decision about your investments, you should seek the advice of a professional financial advisor or qualified expert.

Performance

The future performance of an investment cannot be deduced from previous market value, i.e. the value of an investment may fall as well as rise. An investment may also lose value due to changes in rates of foreign exchange. Banco de Madrid cannot guarantee that any capital invested will maintain or increase in value.

Forward Looking Statements

The Banco de Madrid Website may contain statements that constitute "forward looking statements". While these forward looking statements may represent Banco de Madrid’s judgment and future expectations, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from Banco de Madrid’s expectations. Banco de Madrid is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward looking statements whether as a result of new information, future events, or otherwise.

No Warranty

Your use of the Banco de Madrid Website is at your own risk. The Banco de Madrid Website, together with all content, information and materials contained therein, is provided "as is" and "as available" ", without any representations or warranties of any kind. Any materials, information or content accessed, downloaded or otherwise obtained through the use of the Banco de Madrid Website is done at your own risk and Banco de Madrid is not responsible for any damage to your computer systems or loss of data that results from the download of such material. Banco de Madrid and its affiliates expressly disclaimer all representations or warranties of any kind, whether express or implied, with respect to the Banco de Madrid Website, and all materials, information, content and functionalities contained herein, including but not limited to warranties of title, non-infringement, merchantability or fitness for a particular purpose. Without limiting the foregoing, Banco de Madrid does not warrant the accuracy, timeliness, completeness, security, reliability or availability of the Banco de Madrid Website or the information or results obtained from use of the Banco de Madrid Website, or that the Banco de Madrid Website will be available at all times, or is virus-free or error-free.

No Liability

To the fullest extent permitted by law, in no event shall Banco de Madrid or our affiliates, or any of our directors, employees, contractors, service providers or agents have any liability whatsoever to any person for any direct or indirect loss, liability, cost, claim, expense or damage of any kind, whether in contract or in tort, including negligence, or otherwise, arising out of or related to the use of all or part of the Banco de Madrid Website, or any links to third party websites.

You are solely responsible for acquiring and maintaining such electronic devices and equipment that can handle and will allow you to access and use the Banco de Madrid Website and for taking adequate and appropriate data security measures in accordance with good industry practice to protect yourself against fraud or cyber-attacks on a continuous basis (e.g. by using the most recent browser versions, and installing recommended security patches and up-to-date anti-virus programs and firewalls). Banco de Madrid specifically disclaims all liability for any tampering with any user's computer system by unauthorized parties, or for losses or liabilities suffered by any user arising from viruses or attacks by hackers.

In no event will Banco de Madrid or our affiliates, or any of our officers, directors, employees, contractors, service providers or agents be liable for any incidental, special, punitive or consequential damages howsoever caused arising out of the use of the Banco de Madrid Website, its content, or the inability to use the Banco de Madrid Website.

This disclaimer of liability applies to any and all damages or injury, including those caused by any failure of performance, error, omission, interruption, deletion, defect, delay in operation or transmission, computer virus, communication line failure, theft, destruction, or unauthorized access, whether for breach of contract, tortious behavior, negligence or under any other cause of action.

Links

The Banco de Madrid Website may contain third party content or links to third party websites. These content and links are provided solely for your convenience and information. Banco de Madrid has no control over, does not assume any responsibility for and does not make any warranties or representations as to, any third party content or websites, including but not limited to, the accuracy, subject matter, quality or timeliness. Banco de Madrid shall have no liability for third party content or websites or websites linking to or framing the Banco de Madrid Website.

Social Bookmarks

The Banco de Madrid Website may contain social bookmarks which are identifiable by means of their respective buttons. Social bookmarks allow users of certain social media platforms to post links to selected Banco de Madrid web pages on their social media accounts in order to bookmark them or share them with their social media contacts. If you use social bookmarks, you will be sending personal identifying data to the respective social media platform. Any comments or activity made by or carried out by persons using social bookmarks is not controlled, endorsed or monitored by Banco de Madrid and Banco de Madrid shall not be responsible or liable for such. Persons who share Banco de Madrid communications via social bookmarks are not authorized to speak for or represent Banco de Madrid and their views and opinions must be regarded as strictly their own and not Banco de Madrid's. In addition, the provisions in these Terms of Use relating to Links also apply to social bookmarks.

Intellectual Property Rights

Banco de Madrid, or the applicable third party owner, retains all right, title and interest (including copyrights, trademarks, patents, as well as any other intellectual property or other right) in all information and content (including all text, data, graphics and logos) on the Banco de Madrid Website. Individual pages and/or sections of the Banco de Madrid Website may be printed for personal or internal use only, and provided that such print outs retain all applicable copyright or other proprietary notices. All users must not, without limitation, modify, copy, transmit, distribute, display, perform, reproduce, publish, license, frame, create derivative works from, transfer or otherwise use in any other way, whether in whole or in part, any information, text, graphics, images, video clips, directories, databases, listings or software obtained from the Banco de Madrid Website for commercial or public purposes, without the prior written permission of Banco de Madrid. Systematic retrieval of content from the Banco de Madrid Website to create or compile, directly or indirectly, a collection, compilation, database or directory (whether through robots, spiders, automatic devices or manual processes) or creating links to the Banco de Madrid Website without the prior written permission from Banco de Madrid is strictly prohibited.

The key symbol and Banco de Madrid are among the registered and unregistered trademarks of Banco de Madrid. Other marks may be trademarks of their respective owners. Except as noted above, you may not use any trademarks of Banco de Madrid for any purpose without the prior written permission of Banco de Madrid.

Usage of Artificial Intelligence 

The search engine on the Banco de Madrid Website is powered by Artificial Intelligence (AI), which may sometimes provide incorrect or unexpected results. Please always verify the results to ensure that the provided output is accurate and appropriate, e.g. check the referenced document. You shall be solely responsible for making any decisions and taking any actions based on the results.

Electronic Communication (E-Mail)

The Internet is an universally accessible medium. Ordinary e-mail messages sent over the Internet are neither confidential nor secure. They may be easily accessible by third parties and may entail a considerable amount of danger and risk including: (a) lack of confidentiality (e-mails and their attachments can be read and/or monitored without detection); (b) manipulation or falsification of the sender's address or of the e-mail's (or attachment's) content (e.g. changing the sender's address(es) or details); (c) system outages and other transmission errors, which can cause e-mails and. their attachments to be delayed, mutilated, misrouted and deleted; (d) viruses, worms, Trojan horses etc. may be spread undetected by third parties and may cause considerable damage; and (e) interception by third parties.

You are therefore recommended to communicate with Banco de Madrid by using a secure channel if such channel is provided by Banco de Madrid. In no event should you use ordinary E-mail to transmit personal or confidential information such as any account related data.

Unless explicitly stated otherwise, Banco de Madrid does not accept any orders or instructions sent by E-mail or any other electronic messaging system.

Banco de Madrid shall not be liable to you or anybody else for any damages incurred in connection with any messages sent to Banco de Madrid using ordinary E-mail or any other electronic messaging system.

Please see our E-Mail Disclosure for more information about our e-mail practices and policy.

Privacy Statement

Banco de Madrid has established a Privacy Statement, as modified from time to time, which explains how personal data is collected on the Banco de Madrid Website and used. The Privacy Statement is part of these Terms of Use and is incorporated herein by reference.

Severability Clause

To the extent that any provision of these Terms of Use is found by any competent court or authority to be invalid, unlawful or unenforceable in any jurisdiction, that provision shall be deemed to be severed from these Terms of Use but such finding shall not affect the validity, lawfulness or enforceability of the remainder of these Terms of Use in that jurisdiction, nor shall it affect the validity, lawfulness or enforceability of these Terms of Use in any other jurisdiction.

Conflict with Additional Terms

Certain web pages or areas on the Banco de Madrid Website may contain additional terms, conditions, disclosures and disclaimers (collectively, the “Additional Terms”). In the event of a conflict between these Terms of Use and the Additional Terms, the Additional Terms will govern for those web pages or areas.