IMPORTANT NOTICE: PLEASE CAREFULLY READ THIS CUSTOMER AGREEMENT. BY OPENING AN ACCOUNT OR USING THE SERVICES, YOU AGREE TO BE BOUND BY ALL TERMS AND CONDITIONS CONTAINED HEREIN.

1. OVERVIEW

This Customer Agreement (this “Agreement”) governs your access to and use of deposit account services provided by Telcoin Digital Asset Bank (“TDAB,” “we,” “us,” or “our”), a Nebraska Digital Asset Depository Institution chartered pursuant to the Nebraska Financial Innovation Act (“NFIA”). TDAB provides specialized banking services focused on the issuance, management, purchase, redemption, and safekeeping of eUSD, a U.S. dollar-backed stablecoin.

By opening an Account with TDAB, accessing our website, using our mobile application, or utilizing any of our Services, you (“you,” “your,” or “Customer”) acknowledge that you have read, understood, and agree to be bound by this Agreement, including all policies incorporated by reference. If you do not agree to these terms, you must not open an Account or use the Services.

2. DEFINITIONS

As used in this Agreement, the following terms have the meanings set forth below:

“Account” means your TDAB deposit account established pursuant to this Agreement, which enables you to purchase, hold, transfer, and redeem eUSD.

“AML” means anti-money laundering, including all applicable laws, regulations, and requirements designed to prevent money laundering and terrorist financing.

“BSA” means the Bank Secrecy Act and all implementing regulations.

“Connected Account” means the FDIC-insured deposit account maintained by the Customer at a third-party commercial bank, which are configured to automatically trigger the purchase and redemption of eUSD upon USD credits and debits, respectively, to the account.

“eUSD” means the U.S. dollar-backed digital asset stablecoin issued and managed by TDAB pursuant to the NFIA, where each eUSD is backed 1:1 by U.S. dollars or U.S. dollar equivalents held in the eUSD Reserves.

“eUSD Reserves” means the unencumbered liquid assets, consisting of U.S. dollars or U.S. dollar equivalents, held by TDAB in segregated accounts for the benefit of eUSD holders in accordance with applicable regulatory requirements.

“KYC” means know-your-customer procedures and requirements mandated by applicable law.

“NFIA” means the Nebraska Financial Innovation Act, Neb. Rev. St. § 8-3001 et seq.

“OFAC” means the Office of Foreign Assets Control of the U.S. Department of the Treasury.

“Omnibus Account” means the FDIC-insured deposit account maintained by TDAB at a third-party commercial bank for the benefit of TDAB customers, into which Customer U.S. dollar deposits are transferred prior to the issuance of eUSD.

“Restricted Person” means any person or entity that is the subject or target of any sanctions administered or enforced by OFAC, the U.S. Department of State, the United Nations Security Council, the European Union, or any other applicable governmental authority.

“Services” means the banking services provided by TDAB, including but not limited to the issuance, management, purchase, transfer, and redemption of eUSD, as well as associated transaction services.

3. ELIGIBILITY

To be eligible to open an Account and use the Services, you must meet all of the following requirements:

You are at least 18 years old and have the legal capacity to enter into a binding contract under applicable law;
You are either (a) a natural person who is a resident of the United States or (b) a legal entity other than a natural person engaged in a bona fide business which is lawful under the laws of Nebraska (or the state where the entity is domiciled) and Federal law;
You are not a Restricted Person and do not act on behalf of a Restricted Person;
You will use the Services for lawful purposes only and will not engage in any Prohibited Activities (as defined in Section 20);
You have sufficient knowledge, experience, and understanding of digital assets, stablecoins, and blockchain technology to evaluate the risks associated with using the Services;
You are using the Services for your own benefit and not on behalf of any third party unless expressly authorized in writing by TDAB;
You guarantee that any funds or assets deposited or used in connection with the Services are lawfully owned by you, are not subject to any lien, encumbrance, or claim by any third party, and are not the proceeds of illegal activity;
You are not subject to any governmental or regulatory order that restricts or prohibits your use of the Services;
You have not previously been suspended or removed from using TDAB Services or services provided by any Telcoin entity.

You represent and warrant that all of the foregoing statements are true and accurate as of the date you open your Account and will remain true and accurate throughout the term of this Agreement. You agree to notify TDAB immediately in writing if any of these representations ceases to be true.

4. ACCOUNT OPENING AND VERIFICATION

4.1 Application Process

To open an Account, you must complete TDAB’s account application process, which may be conducted through our website, mobile application, or other designated channels. You must provide accurate, complete, and current information as requested, including but not limited to your legal name, date of birth, Social Security number or taxpayer identification number, residential address, email address, and telephone number.

4.2 Identity Verification and Compliance

As required by Federal law (including the USA PATRIOT Act, BSA, and AML regulations) and TDAB policies, we must verify your identity before opening your Account. This verification process may include:

Collection of a government-issued photo identification document (such as a driver’s license or passport);
Verification of your identity through third-party identity verification services;
Screening against OFAC sanctions lists and other watchlists;
Additional documentation or information as required by applicable law or TDAB policy.

You authorize TDAB and its third-party service providers to make any inquiries necessary to verify your identity and assess your compliance with legal and regulatory requirements. You acknowledge that TDAB may delay or refuse to open your Account if we are unable to verify your identity or if we determine that opening your Account would violate applicable law or TDAB policy. TDAB may conduct ongoing monitoring of your Account and may require you to provide updated information or documentation from time to time. Your failure to provide requested information may result in limitations on your Account or suspension of Services.

4.3 Account Approval

TDAB reserves the right to approve or deny any Account application in its sole discretion. We are not obligated to provide a reason for denying an application. If your application is approved, you will receive notification and instructions for accessing and using your Account.

5. THE SERVICES

5.1 Description of Services

TDAB provides specialized banking services focused on eUSD, including:

Issuance and Management of eUSD: Enabling Customers to purchase eUSD by depositing U.S. dollars;
Redemption Services: Enabling Customers to redeem eUSD for U.S. dollars;
Transfer Services: Facilitating the transfer of eUSD between Accounts or to external blockchain addresses;
Account Maintenance: Providing secure custody and recordkeeping for your eUSD holdings.

TDAB may modify, suspend, or discontinue any Service at any time, with or without notice, subject to applicable law.

6. PURCHASING eUSD

6.1 Deposit of U.S. Dollars

To purchase eUSD, you must either, at TDAB’s discretion, use a Connected Account or an Omnibus Account. If using a Connected Account, all credits to the account will automatically trigger an eUSD purchase from TDAB, by authorizing a sweep of the credited funds directly to a TDAB eUSD Reserve account, per the terms of your Connected Account agreement with the designated third-party FDIC-insured commercial bank. If using an Omnibus Account, you may deposit funds into the account through wire transfer, ACH transfer, or other methods approved by TDAB. You are responsible for any fees charged by your financial institution for such transfers. All deposits using an Omnibus Account must originate from a bank account in your name. TDAB will not accept deposits to an Omnibus Account from third-party accounts or accounts held in names other than your legal name as reflected in your Account records.

6.2 Issuance of eUSD

Upon receipt and verification of your U.S. dollar deposit, TDAB will issue eUSD to your Account at an exchange rate of 1 eUSD per 1 U.S. dollar, less any applicable fees. The issuance process typically occurs within one business day of receiving cleared funds, but may take longer depending on circumstances such as compliance reviews, system maintenance, or operational issues. TDAB reserves the right to refuse to issue eUSD for any deposit that TDAB reasonably believes may be associated with illegal activity, violations of this Agreement, or violations of applicable law or regulation or TDAB policies.

6.3 Minimum and Maximum Amounts

TDAB may establish minimum and maximum transaction amounts for purchasing eUSD. These limits may vary based on your Account status, verification level, and other factors. Current limits are available on our website or by contacting customer support.

7. REDEEMING eUSD

7.1 Redemption Process

You may redeem eUSD held in your Account for U.S. dollars at an exchange rate of 1 eUSD per 1 U.S. dollar, less any applicable fees. To initiate a redemption, you must submit a redemption request through your Account interface or as otherwise specified by TDAB. Upon receiving your redemption request, TDAB will burn (permanently remove from circulation) the corresponding amount of eUSD and transfer the equivalent U.S. dollar amount to your Connected Account or other designated bank account. Redemptions are typically processed within two business days, but may take longer depending on circumstances.

7.2 Redemption Requirements

To be eligible to redeem eUSD, you must:

Have an active, verified Account in good standing;
Have a verified bank account registered with your TDAB Account;
Hold sufficient eUSD in your Account to cover the redemption amount plus any applicable fees;
Comply with any additional verification or documentation requirements imposed by TDAB.

7.3 Redemption Limitations

TDAB reserves the right to suspend, delay, or refuse any redemption request if:

TDAB reasonably suspects fraud, money laundering, or other illegal activity;
The redemption would violate applicable law, regulation, or court order;
Your Account is subject to investigation, dispute, hold, or other restriction;
TDAB is experiencing technical difficulties or operational issues;
TDAB reasonably determines that processing the redemption could harm TDAB, its customers, or the financial system.

TDAB will use commercially reasonable efforts to notify you of any delay or refusal and the reasons therefor, except where prohibited by law or where notification could compromise an investigation.

8. TRANSFERRING eUSD

8.1 Permitted Transfers

You may transfer eUSD from your Account to:

Another TDAB Account held by a different Customer;
A blockchain address that supports eUSD (an external wallet).

By sending eUSD to another address, you automatically transfer and assign to the owner of that address, and any subsequent holder, the right to redeem such eUSD with TDAB, provided that the holder meets all eligibility requirements and opens a TDAB Account.

8.2 Transfer Risks and Responsibilities

You acknowledge and agree that:

Blockchain transactions are generally irreversible. Once you initiate a transfer, you cannot cancel or reverse it;
You are solely responsible for ensuring the accuracy of the recipient address. If you send eUSD to an incorrect or incompatible address, you may permanently lose access to that eUSD;
TDAB is not responsible for any loss resulting from your entry of an incorrect address, your transfer to a wallet or address that does not support eUSD, or any other error on your part;
Network fees (gas fees) may apply to blockchain transfers and are your responsibility.

8.3 Transfer Restrictions

TDAB reserves the right to restrict, delay, or refuse any transfer if we reasonably believe the transfer may involve illegal activity, violate sanctions, or breach this Agreement. TDAB may also block transfers to certain addresses that we have identified as associated with Restricted Persons or Prohibited Activities.

9. WIRES AND ACH; UCC Article 4A; NACHA RULES

9.1 Scope; Governing Rules

To the extent you send or receive U.S. dollar payments via domestic or international wire transfer or ACH through the Services (each, a “Payment”), the following terms apply. Wire transfers are governed by Article 4A of the Uniform Commercial Code as enacted in the applicable jurisdiction (“UCC 4A”) and by applicable clearinghouse, correspondent, and network rules. ACH transactions are governed by the NACHA Operating Rules and Guidelines (“NACHA Rules”), as amended from time to time, and by UCC 4A to the extent applicable. If there is a conflict, non‑waivable law controls for that Payment type; for consumer electronic fund transfers subject to Regulation E, Reg E controls for the covered consumer transaction.

9.2 Security Procedures; Commercial Reasonableness

You agree that the authentication, multi‑factor controls, callback procedures, device binding, IP or behavioral controls, API credentials, and other verification methods we require from time to time (Security Procedures) are commercially reasonable for your Accounts and the Services. We may change Security Procedures at any time, and you must comply. If we accept a payment order in compliance with the Security Procedures and in good faith, the order will be deemed authorized by you and you will be bound by it, even if it was not in fact authorized by you.

9.3 Authorized Users; Reliance on Identifiers

TDAB may rely on instructions from your Authorized Users and on the account/routing numbers, wallet identifiers, or other numeric or alphanumeric identifiers provided in your order. We and any receiving bank may process a Payment based solely on such identifiers, even if they identify a person or account different from the named beneficiary. You are responsible for errors or mismatches in identifiers you provide.

9.4 Rejection; Suspension; Return

We may reject any Payment order in our discretion and without liability, subject to applicable law. For ACH, we may, and you authorize us to, originate, resubmit, or return entries in accordance with NACHA Rules, including re‑presentment of returned entries where permitted.

9.5 Allocation of Risk for Unauthorized or Erroneous Orders (UCC 4A)

If a wire payment order is unauthorized but we accept it in compliance with agreed security procedures and in good faith, you are responsible for the order. If we did not comply with security procedures or did not act in good faith, we will refund the principal amount of the unauthorized order and any interest required by UCC 4A. Consequential, special, or punitive damages are disclaimed to the maximum extent permitted by law. For erroneous execution or delay for which we are liable under UCC 4A, our liability is limited to the amount required by UCC 4A (which may include interest) and excludes consequential damages.

9.6 ACH Warranties; Returns

For ACH entries you originate or authorize, you make all warranties and representations required by NACHA Rules, including that you have obtained proper authorizations and are not initiating prohibited transactions. You are responsible for (i) returns, reversals, and adjustments; (ii) any fees, assessments, or fines imposed under NACHA Rules, by ODFIs/RDFIs, or by Service Providers; and (iii) promptly providing proof of authorization upon request. We may debit your Accounts or withhold or net amounts from incoming credits to recover returns, reversals, assessments, or related fees and costs.

9.7 Provisional Credits; Finality

ACH credits are provisional until final settlement. We may revoke provisional credit and debit your Account if an entry is returned or reversed. Wire transfers are final when accepted by the receiving bank, subject to UCC 4A.

9.8 Error Resolution; Notice Periods

You must review Payment confirmations and statements promptly and notify us in writing of any unauthorized, erroneous, or missing Payment in accordance with the “Duty to Review; Claim Notification and Limitations Period”” section. For wires, you must notify us promptly and in any event within 14 days after the earlier of posting or availability of the relevant Account Communication. For ACH, you must notify us within the NACHA time frames (which may be as short as two banking days for certain return codes) and, in all cases, no later than 30 days after posting. Failure to provide timely notice may bar your claim to the fullest extent permitted by law.

9.9 Survival

Your obligations and our rights under this Section survive termination of the Services and this Agreement with respect to Payments initiated, pending, or returned.

10. FEES AND CHARGES

10.1 Fee Schedule

TDAB may charge fees for certain Services, including but not limited to:

Account maintenance fees;
Fees for purchasing eUSD;
Fees for redeeming eUSD;
Fees for transferring eUSD;
Wire transfer fees;
Expedited processing fees;
Fees for additional services or features.
1. Current fees are as follows: (i) minting eUSD -- no TDAB fee (blockchain network fees may apply); (ii) transferring eUSD -- no TDAB fee (blockchain network fees may apply); (iii) redeeming eUSD – no TDAB fee (third-party bank fees may apply); (iv) account maintenance -- no TDAB monthly fee. The foregoing fee schedule is subject to change. Further, additional fees related to TDAB services are available in the TDAB Terms of Use at https://bank.telco.in/terms-of-use and may be updated from time to time. You agree to review the fee schedule regularly and to pay all applicable fees.

10.2 Changes to Fees

TDAB reserves the right to modify fees at any time in its sole discretion. We will provide notice of fee changes as required by applicable law, which may include posting updated fee information on our website or sending notice to your registered email address. Your continued use of the Services after any fee change constitutes your acceptance of the new fees.

10.3 Payment of Fees

Fees may be deducted from your Account balance, deducted from transaction amounts, or charged to a payment method you have registered with TDAB. You authorize TDAB to deduct all fees from your Account or payment method without further notice to you.

If you initiate a transaction that results in TDAB incurring fees or charges from third parties, you agree that TDAB may charge such fees to you and may deduct them from your Account or payment method.

10.4 Third-Party Fees

TDAB is not responsible for any fees charged by third parties, including your bank, payment processor, or blockchain network. You are solely responsible for understanding and paying any such third-party fees.

11. TAXES; INFORMATION REPORTING; WITHHOLDING; REGULATORY REPRESENTATIONS

11.1 Tax Forms and Certifications

You agree to timely provide, and keep current, accurate tax documentation and certifications that we request, including Form W‑9 (for U.S. persons) or an appropriate Form W‑8 (for non‑U.S. persons), and any other forms, certifications, or self‑certifications required under applicable tax laws (including U.S. federal, state, and local laws, and, where applicable, non‑U.S. regimes such as FATCA and similar reporting frameworks). You represent that all information you provide is true, correct, and complete and that you will promptly notify TDAB of any change affecting your tax status or withholding/backup withholding status.

11.2 Withholding; Setoff; Recovery

You authorize TDAB to withhold or deduct amounts from your Accounts or transactions where required or permitted by law, including backup withholding, FATCA withholding, and any other taxes, levies, assessments, penalties, interest, or related charges (“Taxes”). If applicable balances are insufficient at the time of withholding or if Taxes are later assessed, you remain liable for the deficiency, and you authorize TDAB to debit your Accounts, net against incoming credits or redemptions, or otherwise recover such amounts. You agree to reimburse TDAB for any Taxes TDAB pays or becomes liable for on your behalf, including reasonable costs of collection.

11.3 Information Reporting and Disclosures

You acknowledge that TDAB may be required to file information returns and furnish statements (including Forms 1099, 1042‑S, 1099‑INT, 1099‑MISC, 1099‑K, or their successors) and to disclose information to tax authorities or other governmental bodies. TDAB may also disclose information to comply with sanctions, AML, or other regulatory obligations. TDAB does not provide tax advice. You are solely responsible for determining and satisfying your own tax reporting, payment, and recordkeeping obligations arising from your use of the Services.

11.4 No Gross-Up; Net of Taxes

Except where expressly stated otherwise, all amounts payable by you are payable without setoff and free and clear of any deduction or withholding for Taxes. If you are required by law to withhold Taxes from a payment to TDAB, you will increase the payment so that TDAB receives the amount it would have received absent the withholding, and you will provide documentation reasonably satisfactory to TDAB evidencing the withholding and remittance.

11.5 Cooperation; Audits; KYC Refresh

You agree to cooperate with TDAB’s reasonable requests for information, certifications, and documentation to verify your identity, tax status, beneficial ownership, lawful source of funds, purpose of transactions, and ongoing compliance with this Section, including periodic KYC refresh and enhanced due diligence. TDAB may rely on third‑party databases and may request documentary evidence as part of its reviews.

11.6 Remedies for Non-Compliance

If you fail to provide required tax forms or certifications, if they are incorrect or incomplete, or if TDAB reasonably suspects a violation of this Section, TDAB may, without prior notice and to the extent permitted by law:

place holds or limits on your Accounts or transactions;
delay, refuse, or reverse redemptions, transfers, or credits; (iii) terminate or suspend access to the Services; and/or
take actions required to comply with law or legal process. These remedies are in addition to any other rights or remedies available to TDAB.

11.7 Survival

This Section survives termination of the Services and this Agreement. If any portion of this Section conflicts with non‑waivable legal requirements, the law controls for that specific matter, and the remainder of this Section continues to apply.

12. SUB-CUSTODIANS, AGENTS, AND SERVICES PROVIDERS

12.1 Appointment and Delegation

You authorize TDAB, in its sole discretion and without further notice, to appoint, engage, replace, and delegate to one or more third parties—including affiliates of TDAB—as sub‑custodians, payment processors, banks and financial market utilities, blockchain or oracle service providers, cloud/hosting providers, analytics vendors, and other agents or contractors (collectively, “Service Providers”) to perform any part of the Services or TDAB’s obligations under this Agreement, including custody, settlement, issuance, redemption, asset safekeeping, reconciliation, identity verification, fraud prevention, sanctions/AML screening, customer support, and technology operations. Service Providers are not third‑party beneficiaries of this Agreement.

12.2 Authority; No Fiduciary Duties

TDAB may hold your funds, eUSD, stablecoins, or other property with Service Providers and may pool assets for operational purposes to the extent permitted by law and product terms; provided that TDAB will maintain books and records sufficient to identify your interests. The use of Service Providers does not create any fiduciary, trust, or bailment relationship between you and TDAB or any Service Provider beyond what is expressly stated in this Agreement and applicable disclosures. You have no direct rights against any Service Provider in connection with the Services, and no Service Provider owes you any duties unless a separate written agreement expressly provides otherwise.

12.3 Standard of Care; Liability

To the maximum extent permitted by law, TDAB is not responsible for any act, error, or omission of a Service Provider, or for any loss arising from their insolvency, bankruptcy, receivership, resolution, or failure, except to the extent directly caused by TDAB’s own gross negligence, fraud, or willful misconduct in the selection or ongoing oversight of such Service Provider. TDAB does not guarantee the solvency, performance, availability, or continued services of any Service Provider or network.

12.4 Service Provider Terms

Certain features may be subject to the Service Provider’s rules, platform terms, or network protocols. You agree to comply with such rules as notified or referenced by TDAB. TDAB may pass through, and you agree to pay, any reasonable third‑party fees, assessments, network costs, return/chargeback fees, or legal process costs incurred by or charged to TDAB in connection with the Services provided to you.

You authorize TDAB to disclose to and share with Service Providers the information, credentials, and documentation reasonably necessary to provide the Services, comply with law, manage risk, or investigate fraud or security issues, subject to TDAB’s privacy notice. You consent to data transfers, storage, and processing by Service Providers in jurisdictions that may have different privacy, banking, or data protection laws than your own.

12.6 Emergencies; Suspension

TDAB, itself or by direction to its Service Providers, may place holds, freezes, or other controls on accounts, wallets, or transactions, and may suspend, throttle, or modify features in whole or in part where TDAB deems it necessary or prudent for security, legal, regulatory, operational, or risk‑management reasons, including outages or incidents affecting a Service Provider or supported network.

12.7 Indemnity Preservation

Any indemnities you provide to TDAB under this Agreement extends to losses arising out of your acts or omissions in connection with Service Provider integrations you use or authorize, including credential sharing and API access, except to the extent prohibited by law.

13. ACCOUNT SECURITY AND OBLIGATIONS

13.1 Account Access and Security

You are responsible for maintaining the confidentiality and security of your Account credentials, including your username, password, PIN, multi-factor authentication codes, and any other security features. You must:

Use a strong, unique password that you do not use for any other service;
Enable multi-factor authentication if available;
Never share your credentials with any third party;
Notify TDAB immediately if you suspect unauthorized access to your Account.

You are solely responsible for all activity that occurs under your Account, whether authorized by you or not. TDAB is not liable for any loss or damage arising from your failure to maintain Account security.

13.2 Accuracy of Information

You must ensure that all information provided to TDAB is accurate, complete, and current. You must promptly notify TDAB of any changes to your contact information, residential address, or other Account information. Failure to maintain accurate information may result in limitations or restrictions on your Account.

13.3 Prohibited Account Uses

You agree that you will not:

Use your Account for any illegal purpose or in violation of any applicable law or regulation;
Provide false, inaccurate, or misleading information to TDAB;
Impersonate another person or entity;
Use your Account to conduct transactions on behalf of a Restricted Person;
Interfere with or disrupt the operation of TDAB’s systems or Services;
Use any automated means (bots, scripts, etc.) to access the Services without TDAB’s posted express authorization and/or specific written permission;
Transfer, sell, or assign your Account to any third party.

13.4 Data Privacy and Security Breach Notification

TDAB collects, uses, and protects your personal information in accordance with applicable privacy laws, including the Nebraska Data Privacy Act. You have certain rights regarding your personal data, including the right to access, correct, and delete your information, subject to applicable legal requirements and exceptions. For more information about how we collect, use, and protect your personal information, please review our Privacy Policy available on our website at https://bank.telco.in/privacy-policy.

In the event of a data security breach or cybersecurity incident that may affect your Account or personal information, TDAB will notify you as required by applicable law, including the Nebraska Financial Data Protection and Consumer Notification of Data Security Breach Act of 2006 and Title 47 of the Nebraska Administrative Code, Chapter 8. TDAB maintains cybersecurity incident response programs in compliance with Nebraska banking regulations.

14. INTELLECTUAL PROPERTY; LICENSE; FEEDBACK

14.1 Ownership

As between you and TDAB, TDAB and its licensors own all right, title, and interest in and to the Services, documentation, interfaces, APIs, smart contracts, software, websites, designs, logos, trade names, and other materials and technology provided or made available by TDAB, including all related intellectual property and proprietary rights (collectively, “TDAB IP”). Except for the limited license expressly granted below, no rights are granted by implication, estoppel, or otherwise. TDAB reserves all rights not expressly granted.

14.2 Limited License

Subject to your compliance with this Agreement, TDAB grants you a limited, revocable, non‑exclusive, non‑transferable, non‑sublicensable license to access and use the Services and TDAB IP solely for your lawful, internal use in accordance with this Agreement and the documentation.

14.3 Restrictions

You will not (and will not permit any third party to): (i) copy, modify, adapt, translate, create derivative works of, or publicly display the TDAB IP; (ii) reverse engineer, decompile, disassemble, or otherwise attempt to derive source code or underlying ideas, except to the extent such restriction is prohibited by law; (iii) remove or alter proprietary notices; (iv) access or use the Services for competitive analysis, benchmarking publication without TDAB’s prior written consent, or to build a competing product or service; (v) use any scraping, harvesting, data mining, or automated means not expressly permitted by TDAB; (vi) interfere with or circumvent access controls, rate limits, or security measures; or (vii) infringe or misappropriate TDAB’s or any third party’s intellectual property rights.

14.4 Feedback

If you provide suggestions, ideas, proposals, code snippets, or other feedback regarding the Services (“Feedback”), you grant TDAB a perpetual, irrevocable, worldwide, non‑exclusive, transferable, sublicensable, royalty‑free license to use, copy, modify, distribute, make, have made, sell, offer to sell, import, publicly perform, and otherwise exploit the Feedback for any purpose without restriction or compensation to you. To the extent permitted by law, you waive any moral rights in the Feedback.

14.5 Open‑Source and Third‑Party Components

Certain components may be provided under open‑source or third‑party licenses. Your use of those components is subject to the applicable licenses, which will govern in the event of a conflict with this Section solely with respect to such components.

15. eUSD RESERVES AND PRIORITY IN INSOLVENCY

15.1 Reserve Requirements

TDAB maintains eUSD Reserves consisting of : (i) U.S. dollars held at FDIC-insured financial institutions; (ii) highly liquid U.S. Treasury securities or U.S. federal agency obligations; and (iii) other assets as permitted by the NFIA and applicable Nebraska regulations in an amount equal to or greater than the total amount of eUSD outstanding. These reserves are held in segregated accounts at one or more FDIC-insured third-party commercial banks for the benefit of eUSD holders. The eUSD Reserves are maintained separate and apart from TDAB’s corporate operating funds and are not available to satisfy TDAB’s general obligations or debts.

15.2 Investment of Reserves

TDAB may hold eUSD Reserves in interest-bearing accounts or other yield-generating instruments permitted by the NFIA and applicable regulations. You acknowledge and agree that you are not entitled to any interest, returns, or other financial benefit earned on the eUSD Reserves unless otherwise expressly stated by TDAB in writing.

15.3 Priority in Insolvency

Subject to applicable law, including Title 11 of the United States Code (the Bankruptcy Code) and any legal precedent established by U.S. bankruptcy courts, in the event of any insolvency proceeding involving TDAB, claims by eUSD holders for redemption of eUSD shall have priority over all other claims against TDAB, except as otherwise required by law. This priority provision is intended to provide enhanced protection to eUSD holders consistent with the NFIA and Federal stablecoin regulatory frameworks, but does not guarantee that eUSD holders will recover the full value of their holdings in an insolvency proceeding.

16. NO FDIC INSURANCE

IMPORTANT: eUSD held in your Account is NOT insured by the Federal Deposit Insurance Corporation (FDIC), the Securities Investor Protection Corporation (SIPC), or any other Federal or state deposit insurance program.

REQUIRED STATUTORY DISCLOSURE (Nebraska Revised Statute § 8-3011):

Holdings of digital assets are speculative and involve a substantial degree of risk, including the risk of complete loss. There is no assurance that any digital asset will be viable, liquid, or solvent. Nothing in this communication is intended to imply that any digital asset held in custody by a digital asset depository is low-risk or risk-free. Digital assets held in custody are not guaranteed by a digital asset depository and are not insured by the Federal Deposit Insurance Corporation.

CUSTOMER ACKNOWLEDGMENT REQUIRED

Upon opening your Account, you will be required to execute a written acknowledgment confirming that you understand and accept that all digital asset deposits at TDAB are not insured by the Federal Deposit Insurance Corporation. This acknowledgment is required by Nebraska law (Neb. Rev. Stat. § 8-3011(2)). While the U.S. dollars held in the eUSD Reserves may be maintained at FDIC-insured banks, your eUSD holdings are not themselves FDIC-insured deposits. In the event of TDAB’s insolvency or the failure of a bank holding the eUSD Reserves, you may not be entitled to FDIC insurance coverage. You acknowledge and accept the risk that you could lose some or all of your eUSD holdings if TDAB becomes insolvent or if the eUSD Reserves are otherwise impaired or unavailable.

17. REPRESENTATIONS AND WARRANTIES

By using the Services, you represent and warrant that:

You meet all eligibility requirements set forth in this Agreement;
All information you provide to TDAB is accurate, complete, and current;
You are the lawful owner of all funds and assets deposited with TDAB;
You will comply with all applicable laws and regulations in connection with your use of the Services;
Your use of the Services does not violate any agreement or obligation to which you are a party;
You understand the risks associated with digital assets and blockchain technology;
You are not using the Services on behalf of any Restricted Person.

These representations and warranties are deemed to be repeated each time you access or use the Services.

18. RISK DISCLOSURES

You acknowledge and understand that using the Services and holding eUSD involves significant risks, including but not limited to:

18.1 Technology Risks

Digital assets and blockchain technology are relatively new and evolving. There are risks associated with software bugs, network failures, cyber-attacks, hacking, and other technological vulnerabilities that could result in loss or theft of eUSD.

18.2 Irreversibility of Transactions

Blockchain transactions are generally irreversible. Once you transfer eUSD, the transaction cannot be canceled or reversed. If you send eUSD to an incorrect address, you may permanently lose access to that eUSD.

18.3 Regulatory and Legal Risks

Digital asset regulations are rapidly evolving and may change in ways that adversely affect the value, transferability, or usability of eUSD. Regulatory actions could result in restrictions on or prohibition of certain uses of eUSD.

18.4 Operational Risks

TDAB’s systems and Services may experience outages, delays, or interruptions due to technical issues, maintenance, cyber-attacks, or other causes. Such disruptions could prevent you from accessing your Account or conducting transactions.

18.5 Counterparty Risks

TDAB relies on third-party service providers, including banks holding the eUSD Reserves. The failure or insolvency of any such third party could adversely affect the Services or your ability to redeem eUSD.

18.6 Liquidity Risks

While eUSD is designed to be redeemable 1:1 for U.S. dollars, there may be circumstances in which redemptions are delayed, limited, or unavailable, such as during periods of high demand, operational difficulties, or regulatory interventions.

18.7 No Investment Returns

eUSD does not accrue interest or generate investment returns. The value of eUSD is designed to remain stable at 1 U.S. dollar, and you should not expect any appreciation or financial gain from holding eUSD. Notwithstanding, TDAB may, in its sole discretion, offer yield or other benefits on eUSD held on deposit with TDAB.

18.8 Loss of Private Keys

If you transfer eUSD to an external wallet, you are responsible for maintaining control of the private keys associated with that wallet. Loss of private keys may result in permanent loss of access to your eUSD.

YOU ACKNOWLEDGE AND ACCEPT ALL OF THESE RISKS. TDAB DOES NOT GUARANTEE THE VALUE, STABILITY, OR REDEEMABILITY OF eUSD AND SHALL NOT BE LIABLE FOR ANY LOSSES RESULTING FROM THE RISKS DESCRIBED IN THIS SECTION.

19. DUTY TO REVIEW; CLAIM NOTIFICATION AND LIMITATIONS PERIOD

19.1 Duty to Review and Promptly Notify

You must promptly review all statements, confirmations, notices, and transaction histories that we make available to you, whether delivered electronically or otherwise (collectively, “Account Communications”). Account Communications are deemed delivered on the earlier of when we send them to your last provided contact information or when they are first made available through the Services. You agree to notify TDAB in writing of any suspected error, unauthorized transaction, discrepancy, missing or misdirected transfer, forged or altered instruction, or other irregularity (collectively, “Claims”) within the time periods set forth below. Your notice must include sufficient detail to investigate, including the date, amount, counterparty or address, and a description of the issue. You agree to cooperate fully, provide additional information upon request, and take reasonable steps to mitigate loss (including credential resets, device security updates, and filing police reports or affidavits if requested).

19.2 Notice Periods

To the maximum extent permitted by law, and except where a longer period is expressly required by applicable law:

Unauthorized Transactions and Errors (generally). You must notify TDAB within 30 days after the earlier of the transaction posting date or the date the relevant Account Communication was made available.
Repeated Wrongdoer Rule. If you fail to notify TDAB within the applicable period about an unauthorized transaction caused by the same person, device, credential, or scheme, you are precluded from recovering for any subsequent transactions by the same wrongdoer that we pay or process before we receive your notice and have a reasonable opportunity to act.
Fiat Payment Rails. For wires and ACH transactions, you must notify TDAB within 14 days after the relevant Account Communication was made available for any error in the payment order or confirmation, and in all cases no later than 30 days after the transaction posting date.
Fee and Interest Disputes. You must notify TDAB within 30 days after the fee first appears in an Account Communication.

19.3 Provisional Credits; Investigation

Any provisional credit we may provide while we investigate is conditioned on your cooperation and may be reversed if we determine the transaction was authorized, the credit was provided in error, or you failed to satisfy your obligations under this Agreement.

19.4 Failure to Notify; Allocation of Loss

If you do not provide notice within the applicable period, you agree that: (i) the Account Communications and transactions are conclusive and correct; (ii) you are barred from asserting the Claim against TDAB; and (iii) you bear all resulting losses, costs, and fees (including those arising from subsequent related transactions) to the extent permitted by law.

19.5 Contractual Limitations Period

Any action, arbitration, or other proceeding by you against TDAB arising out of or related to the Services, your Account, or this Agreement (including any Claim) must be commenced within the earlier of: (i) one year after the first event giving rise to the claim; or (ii) one year after the date the relevant Account Communication was made available, even if you did not open or review it. This limitations period is a condition precedent to any claim under this Agreement and applies to the fullest extent permitted by law. Nothing in this Section reduces any time period that cannot legally be shortened. If a longer notice or limitations period is mandated by law, such period will apply for that specific transaction. All other shortened periods continue to apply.

19.6 Survival

This Section survives termination or closure of any Account and termination of this Agreement. TDAB’s handling of one notice or failure to enforce any time period does not waive TDAB’s rights to subsequently enforce these requirements.

20. PROHIBITED ACTIVITIES

You agree that you will not use the Services for any of the following prohibited activities:

Money Laundering or Terrorist Financing: Any activity that constitutes or facilitates money laundering, terrorist financing, or other financial crimes;
Sanctions Violations: Transactions involving Restricted Persons or entities or jurisdictions subject to sanctions;
Fraud: Any fraudulent, deceptive, or misleading conduct;
Illegal Gambling: Use of eUSD for illegal gambling activities unless licensed and authorized by applicable law;
Purchase of Illegal Goods or Services: Use of eUSD to purchase illegal drugs, weapons, stolen goods, or other illegal items or services;
Intellectual Property Infringement: Transactions involving counterfeit goods or services that infringe intellectual property rights;
Market Manipulation: Any form of market manipulation, wash trading, or other deceptive practices;
Unlicensed Money Transmission: Using the Services to operate an unlicensed money transmission or payment services business;
Harm to Minors: Any activity that harms or exploits minors;
Violation of Privacy: Collecting or using personal information of others without consent;
Use of Anonymization Tools to obfuscate your location or identity: TDAB must know your identity and location for regulatory purposes. Thus, using VPNs, Tor, or other tools to disguise your location or identity when accessing the Services is prohibited;
Malware Distribution: Uploading, transmitting, or distributing viruses, malware, or other harmful code;
Disruption of Services: Interfering with or disrupting TDAB’s systems, networks, or Services;
Any Other Illegal Activity: Any other activity that violates applicable Federal, state, or local law.

TDAB reserves the right to monitor, investigate, and take action with respect to any suspected prohibited activity, including suspending or terminating your Account and reporting suspected illegal activity to law enforcement.

21. RIGHT OF SETOFF; SECURITY INTEREST; REVERSALS

21.1 Right of Setoff and Recoupment

To the fullest extent permitted by applicable law, TDAB may, without prior notice or demand, set off, recoup, and apply any amounts you owe or may owe to TDAB at any time (whether direct or indirect, absolute or contingent, accrued or not yet accrued, liquidated or unliquidated, and whether arising under this Agreement or otherwise) against any funds, eUSD, stablecoins, credits, or other property held, maintained, or controlled by TDAB for you, including any Account balance, pending deposits or redemptions, and any proceeds thereof. TDAB may exercise setoff and recoupment with respect to any Account you maintain individually or jointly, and against any obligations you owe individually, jointly, or as a guarantor. If the obligation is owed by more than one person, each agrees that TDAB may set off against any Account of any such person. TDAB’s rights hereunder are in addition to, and do not limit, any right of setoff, banker’s lien, or recoupment TDAB may have under law.

21.2 Grant of Security Interest

As security for the prompt payment and performance of all obligations and liabilities that you now or in the future owe to TDAB under this Agreement or otherwise (collectively, the “Secured Obligations”), you hereby grant TDAB a first‑priority, continuing security interest in and lien on (i) all Accounts you maintain with TDAB and all balances, funds, eUSD, stablecoins, credits, and property therein, (ii) all claims, rights to payment, and refunds relating to the foregoing, and (iii) all proceeds of any of the foregoing, in each case whether now owned or hereafter acquired (the “Collateral”). Without limiting the foregoing, Collateral includes any amounts credited to your Account by mistake, duplicate credit, operational error, or as a result of fraud, as well as any amounts subject to chargeback, clawback, or return.

21.3 Perfection; Further Assurances

You authorize TDAB to take any action TDAB deems reasonably necessary or advisable to perfect, protect, evidence, or maintain the priority of its security interest, including filing financing statements (without your signature) and placing administrative holds. You agree to execute and deliver such further instruments and to take such further actions as TDAB may reasonably request from time to time to effectuate the purposes of this Section.

21.4 Debiting; Reversals; Administrative Holds

TDAB may, at any time and without prior notice, (i) debit any Account, (ii) debit or net amounts from any pending redemption, withdrawal, or transfer, (iii) place an administrative hold, freeze, or restriction on any Account or transaction, and/or (iv) reverse or recover any mistaken, erroneous, duplicate, unauthorized, or otherwise improper credit, issuance, or payment, including any arising from chargebacks, ACH/wire returns, error correction, fraud investigations, sanctions, or tax withholding and reporting. If an Account has insufficient funds or assets at the time TDAB exercises its rights, you remain liable for any resulting deficiency, and you authorize TDAB to satisfy such deficiency from future credits, deposits, or redemptions.

21.5 Joint and Multiple Accounts

Each Account owner is jointly and severally liable for the Secured Obligations, and TDAB may exercise its rights under this Section against any owner’s Accounts. To the extent permitted by law, TDAB may set off amounts you owe against amounts held by or owed by any TDAB affiliate to you and may direct any affiliate to exercise substantially similar rights.

21.6 No Waiver; Order of Application

TDAB’s failure to exercise any right under this Section is not a waiver of such rights in the future. TDAB may determine the time, manner, and order in which it applies Collateral or proceeds, exercises setoff or recoupment, or makes reversals.

21.7 Regulatory and Legal Process

TDAB’s rights under this Section are subject to applicable law and valid legal process. TDAB will not exercise setoff against funds subject to a properly served garnishment, levy, or other legal restraint if such exercise would be prohibited by law. TDAB may charge reasonable fees and recover costs associated with exercising its rights or responding to legal processes involving your Accounts.

21.8 Survival

This Section survives termination or closure of any Account and termination of this Agreement, and continues until the Secured Obligations are fully satisfied.

22. ACCOUNT SUSPENSION, CLOSURE, AND TERMINATION

22.1 Suspension by TDAB

TDAB may suspend your Account or access to the Services at any time, with or without notice, if:

We reasonably believe you have violated this Agreement or any applicable law;
We are required to do so by law, regulation, or court order;
We reasonably suspect fraud, money laundering, or other illegal activity;
Your Account is subject to investigation or dispute;
We determine that suspending your Account is necessary to protect TDAB, other customers, or the financial system.

During a suspension, you may be unable to access your Account, purchase or redeem eUSD, or conduct transactions. TDAB will endeavor to notify you of any suspension, except where prohibited by law or where notification could compromise an investigation.

22.2 Termination by TDAB

TDAB may terminate your Account and this Agreement at any time, with or without cause. Except in cases of suspected fraud, money laundering, other illegal activity, or legal prohibition, TDAB will provide you with at least thirty (30) days’ prior written notice of termination and a reasonable opportunity to redeem or transfer your eUSD holdings before termination becomes effective. In cases involving suspected fraud, illegal activity, or legal requirements, TDAB may terminate immediately without prior notice. If you fail to redeem or transfer your eUSD following termination, TDAB may, in its discretion, convert your eUSD to U.S. dollars and hold such funds for you, subject to applicable escheatment laws.

22.3 Termination by You

You may close your Account at any time by contacting TDAB customer support and following our account closure procedures. Before closing your Account, you must redeem or transfer all eUSD held in your Account and pay any outstanding fees or obligations. You may not close your Account if it is subject to an ongoing investigation, dispute, or hold, or if you have outstanding obligations to TDAB.

22.4 Effect of Termination

Upon termination of this Agreement:

Your right to access and use the Services will immediately cease;

You remain liable for all obligations incurred prior to termination;

Provisions of this Agreement that expressly are intended to survive or by their nature should survive termination will continue to apply, including those relating to indemnification, limitation of liability, dispute resolution, and applicable law.

23. LIMITATION OF LIABILITY

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW:

IN NO EVENT SHALL TDAB, ITS AFFILIATES, OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, OR SERVICE PROVIDERS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, LOSS OF DATA, LOSS OF USE, OR LOSS OF GOODWILL, ARISING OUT OF OR RELATED TO YOUR USE OF OR INABILITY TO USE THE SERVICES, EVEN IF TDAB HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES**.**
TDAB’S TOTAL LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE SERVICES SHALL NOT EXCEED THE GREATER OF (1) THE FEES YOU PAID TO TDAB IN THE SIX (6) MONTHS PRECEDING THE EVENT GIVING RISE TO LIABILITY, OR (2) THE AMOUNT OF FUNDS ON DEPOSIT.
TDAB SHALL NOT BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY:

Your failure to maintain the security of your Account credentials;
Your sending of eUSD to an incorrect or incompatible address;
Delays, errors, or failures in blockchain networks or third-party services;
Acts of God, natural disasters, war, terrorism, or other force majeure events;
Government actions, including regulatory changes or enforcement actions;
Cyber-attacks, hacking, or unauthorized access by third parties;
The failure or insolvency of any third-party service provider, including banks holding the eUSD Reserves.
1. THE SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. TDAB DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN DAMAGES. IF THESE LAWS APPLY TO YOU, SOME OR ALL OF THE ABOVE DISCLAIMERS OR LIMITATIONS MAY NOT APPLY, AND YOU MAY HAVE ADDITIONAL RIGHTS.
2. EXCEPTIONS TO LIMITATIONS. NOTWITHSTANDING THE FOREGOING LIMITATIONS, NOTHING IN THIS AGREEMENT SHALL LIMIT TDAB’S LIABILITY FOR: (A) GROSS NEGLIGENCE OR WILLFUL MISCONDUCT BY TDAB OR ITS EMPLOYEES; (B) FRAUD OR FRAUDULENT MISREPRESENTATION BY TDAB; (C) VIOLATIONS OF APPLICABLE FEDERAL BANKING LAWS OR REGULATIONS THAT CANNOT BE LIMITED BY CONTRACT; OR (D) ANY OTHER LIABILITY THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.

24. INDEMNIFICATION

You agree to indemnify, defend, and hold harmless TDAB, its affiliates, and their respective directors, officers, employees, agents, and service providers from and against any and all claims, liabilities, damages, losses, costs, expenses (including reasonable attorneys’ fees), and other obligations arising out of or related to:

Your use of the Services;
Your breach of this Agreement;
Your violation of any applicable law or regulation;
Your violation of any rights of any third party;
Any false or misleading information you provide to TDAB.

TDAB reserves the right, at its own expense, to assume the exclusive defense and control of any matter subject to indemnification by you, in which case you agree to cooperate with TDAB's defense and shall not settle any such claim without TDAB's prior written consent. This indemnification obligation will survive termination of this Agreement.

25. DISPUTE RESOLUTION AND ARBITRATION

25.1 Informal Dispute Resolution

Before initiating any formal dispute resolution process, you agree to contact TDAB to attempt to resolve the dispute informally. You may contact us at legal@telco.in. We will attempt to resolve the dispute through good-faith negotiations.

25.2 Binding Arbitration

If we are unable to resolve a dispute informally, you and TDAB agree that any dispute, claim, or controversy arising out of or relating to this Agreement or the Services (each, a “Dispute”) will be resolved by binding arbitration administered by the American Arbitration Association (“AAA”) in accordance with its Commercial Arbitration Rules, except as modified by this Agreement. The arbitration will be conducted in the English language in Omaha, Nebraska, or another location mutually agreed upon by the parties. The arbitrator’s decision will be final and binding and may be entered as a judgment in any court of competent jurisdiction.

25.3 Exceptions to Arbitration

Either party may bring a claim in small claims court if the claim qualifies. Additionally, either party may seek injunctive or other equitable relief in a court of competent jurisdiction to protect intellectual property rights or prevent unauthorized access to the Services.

25.4 Waiver of Class Actions

YOU AND TDAB AGREE THAT EACH PARTY MAY BRING CLAIMS AGAINST THE OTHER ONLY ON AN INDIVIDUAL BASIS AND NOT AS PART OF ANY CLASS, REPRESENTATIVE, OR COLLECTIVE ACTION. YOU AND TDAB HEREBY WAIVE ANY RIGHT TO PARTICIPATE IN A CLASS ACTION, CLASS ARBITRATION, OR REPRESENTATIVE ACTION.

25.5 Waiver of Jury Trial

TO THE EXTENT PERMITTED BY LAW, YOU AND TDAB WAIVE ANY RIGHT TO A JURY TRIAL IN CONNECTION WITH ANY DISPUTE ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE SERVICES.

25.6 Attorneys’ Fees

In any arbitration proceeding or litigation between you and TDAB in connection with this Agreement or the Services, each party shall bear its own attorneys’ fees and costs, except that TDAB may recover its reasonable attorneys’ fees and costs from you if TDAB is the prevailing party in any claim determined by the arbitrator or court to be frivolous, brought in bad faith, or for an improper purpose.

26. GENERAL PROVISIONS

26.1 Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of Nebraska, without regard to its conflict of laws principles. To the extent that any court action is permitted under this Agreement, you and TDAB consent to the exclusive jurisdiction and venue of the state and Federal courts located in Nebraska.

26.2 Amendment

TDAB may amend this Agreement at any time by posting the revised Agreement on our website or providing notice through the Services. Your continued use of the Services after any such amendment constitutes your acceptance of the revised Agreement. If you do not agree to any amendment, you must stop using the Services and close your Account. Your continued use of the Services after the effective date of any material change constitutes your acceptance of the amended Agreement. If you do not agree to a material change, you have the right to close your Account as described in Section 22.3 before the change takes effect, and the prior version of the Agreement will continue to govern the closing of your Account and any remaining obligations.

26.3 Force Majeure

TDAB will not be liable for any delay or failure to perform under this Agreement caused by events beyond its reasonable control, including natural disasters, acts of God, war, terrorism, civil unrest, labor disputes, utility or Internet failures, cyberattacks, cloud or hosting outages, government actions, court orders, and material disruptions of blockchain networks or related infrastructure; TDAB’s obligations will be suspended for the duration of the event and will resume as soon as reasonably practicable, and this provision does not excuse your obligation to pay amounts due or comply with law.

26.4 Assignment

You may not assign or transfer this Agreement or your Account without TDAB’s prior written consent. TDAB may assign or transfer this Agreement or any rights or obligations hereunder without your consent, including in connection with a merger, acquisition, reorganization, or sale of assets.

26.5 Severability

If any provision of this Agreement is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.

26.6 Waiver

No waiver by TDAB of any provision of this Agreement shall be deemed a further or continuing waiver of such provision or any other provision.

26.7 Entire Agreement

This Agreement, together with the Telcoin Digital Asset Bank Terms of Use (which governs Platform access and matters not addressed herein) and any policies, disclosures, or terms incorporated by reference, constitutes the entire agreement between you and TDAB regarding the Services and supersedes all prior or contemporaneous agreements, communications, and understandings, whether written or oral. To the extent there is any conflict between the Telcoin Digital Asset Bank Terms of Use (including policies and disclosures) and this Agreement, for Type A Users (as defined in the Terms of Use), then this Agreement shall control.

26.8 No Professional Advice

TDAB does not provide financial, investment, legal, or tax advice. You should consult with your own advisors before making any financial or legal decisions related to the Services.

26.9 Electronic Communications and Signatures

You consent to receive all communications from TDAB electronically, including through email, mobile application notifications, or posting on our website. This consent covers your entire ongoing relationship with TDAB and is not limited to any single transaction. Electronic signatures and records have the same legal effect as physical signatures and paper records. To access electronic communications, you will need a device with internet access, a valid email address, and software capable of reading PDF files. You have the right to withdraw your consent to receive electronic communications by contacting us at support@telco.in; however, withdrawal of consent may result in termination of your Account. You may request paper copies of any electronic communication by contacting customer support; we reserve the right to charge a reasonable fee for paper copies. We will provide notice of any changes to the hardware or software requirements for accessing electronic communications.

26.10 Relationship with Telcoin Terms

This Agreement is specific to your relationship with TDAB and your use of TDAB Services. If you also use services provided by Telcoin Holdings Pte. Ltd. or its other affiliates, those services are governed by separate terms of use located at www.telco.in. As between this Agreement and the Telcoin Digital Asset Bank Terms of Use (“TOU”): (i) this Agreement controls all matters relating to customer accounts, eUSD, deposits, redemptions, and banking services; and (ii) the TOU controls all matters relating solely to access to and use of the Platform not addressed in this Agreement. This Agreement supersedes any inconsistent TOU provision with respect to TDAB banking services.

26.11 No Third-Party Beneficiaries

This Agreement is for the sole benefit of the parties and their permitted successors and assigns. Nothing herein confers any legal or equitable right upon any other person or entity. Service Providers are not third-party beneficiaries of this Agreement.

26.12 Relationship of the Parties

This Agreement does not create any partnership, joint venture, employment, agency, or fiduciary relationship between you and TDAB. You are an independent party with no authority to bind TDAB. TDAB's relationship with you is solely that of a chartered depository institution providing regulated financial services.

26.13 Language; Translation

This Agreement is written in English. Any translation is for convenience only and not legally binding. In the event of any inconsistency between the English version and any translation, the English version controls.

26.14 Dormancy and Escheatment

Your Account will be considered dormant if no transactions occur and you do not log in for twelve (12) consecutive months. TDAB will attempt to contact you at your last known contact details upon dormancy. If your Account remains inactive for the period required by applicable unclaimed property law (generally three (3) years), your balance may be escheated to Nebraska or another applicable jurisdiction. TDAB shall have no further liability with respect to escheated funds. TDAB reserves the right to charge a dormancy fee as set forth in the then-current fee schedule.

26.15 Batch Arbitration

If one hundred (100) or more similar arbitration demands are filed against TDAB by or with the assistance of the same law firm, group of firms, or organization within a ninety (90)-day period, TDAB may elect to resolve those demands through batch arbitration procedures administered by the AAA. Applicable limitations periods shall be tolled during any batch proceedings.

26.16 Prohibited Users; Enhanced Due Diligence

The following are additionally prohibited from opening or maintaining an Account: (i) Politically Exposed Persons (“PEPs”) and their immediate family members and close associates, absent TDAB’s prior written compliance approval; (ii) shell banks or unlicensed financial institutions; (iii) marijuana or cannabis businesses not fully licensed under applicable Federal and state law; (iv) unlicensed money service businesses; (v) online gambling operations without valid applicable licenses; and (vi) persons previously suspended or prohibited from using TDAB’s services or subject to a pending regulatory inquiry. TDAB may require enhanced due diligence, including source-of-funds verification, from any customer at any time.

26.17 Contact Information

If you have any questions about this Agreement or the Services, please contact us at:

Telcoin Digital Asset Bank

2200 Taylor Avenue, Suite 200

Norfolk, Nebraska 68701

Email: legal@telco.in or support@telco.in

BY OPENING AN ACCOUNT OR USING THE SERVICES, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THIS AGREEMENT.

Telcoin Digital Asset Bank Customer Agreement