Terms & Conditions
Please read these terms carefully before using the AML Meter platform.
1. Introduction
These Terms and Conditions govern access to and use of the AML Meter platform. By subscribing to or using AML Meter, the Client agrees to be legally bound by these Terms. AML Meter is a compliance technology provider incorporated in the United Arab Emirates and Bangladesh.
2. Key Definitions
3. Nature of Services and Disclaimer
AML Meter provides compliance technology tools only. We are not a financial institution, not a reporting entity, and do not provide legal advice.
The Client remains solely responsible for:
- Compliance with AML and regulatory obligations.
- Filing suspicious transaction reports.
- Final risk classification decisions.
5. Usage-Based Pricing
Fees are calculated based on usage volume metrics defined in your commercial agreement. AML Meter reserves the right to monitor system usage logs and invoice for excess usage beyond agreed thresholds. Fees are non-refundable unless agreed otherwise in writing.
7A. Data Processing Agreement (DPA)
This section constitutes the DPA between the parties. AML Meter acts as the Data Processor and the Client as the Data Controller.
Processor Obligations: AML Meter shall process data only on documented instructions, ensure personnel confidentiality, and implement technical safeguards.
International Transfers: Transfers from the EU/UK to the UAE are safeguarded by Standard Contractual Clauses (2021/914).
Subprocessors: A current list is maintained at www.amlmeter.com/subprocessors.
10. Service Availability
AML Meter uses commercially reasonable efforts to ensure 24/7 availability, excluding planned maintenance (typically with 24 hours notice) and Force Majeure Events. We do not guarantee that the Platform will be uninterrupted or error-free.
11. Limitation of Liability
To the maximum extent permitted under UAE law, total liability shall not exceed the total fees paid by the Client in the preceding 12 months. AML Meter is not liable for regulatory fines, compliance failures, or decisions made based on screening outputs.
13. Data Handling upon Termination
Within 30 days of termination, the Client may request the return of Client Data in a machine-readable format. If no request is received, AML Meter is entitled to delete all data unless continued retention is required by law.
14. Governing Law and Jurisdiction
These Terms are governed by the laws of the United Arab Emirates. Exclusive jurisdiction is granted to the competent courts of the UAE. However, data subjects retain the right to bring legal proceedings in their habitual residence under GDPR/UK GDPR.