This Refund Policy has been designed to reduce financial and legal risks for Larson and Holz IT LTD, and to abide by the rules of anti-money laundering and counter-terrorist financing policies of the Project.
Should the project authorities have suspicions that the source of a Client’s funds or the Client’s activities contradict the anti-money laundering and counter-terrorist financing policy in any respect, then Larson and Holz has the right to block the Client’s access to the Personal Area, suspend trading activity of the Client’s Accounts, cancel a request for transfer/ withdrawal, or make a refund in an unilateral manner.
Larson and Holz does not cancel any processed trade transactions, this being said the Project has the right to return the funds to the remitter, if no trading activity has been recorded on the trading accounts during one month from the date of recharge.
Under certain circumstances, the Project has the right to make a refund of the funds received via payment systems like credit/debit cards. This refund is processed to e-wallets or bank details that have been used by the Client for depositing the funds.
If the Project finds the Client’ activities inappropriate or contradicting the commonly-accepted purpose of the use of the Project’s services; where there is any illegal or dishonest intention, direct or indirect, the Project is entitled to act within the framework of this document, without informing the Client in advance. All direct or indirect losses and expenses connected with transfers of funds are remunerated to the Project from the Client’s funds.
The Project will take all necessary measures to prevent and block third parties from either depositing funds to or withdrawing them from the Client’s account. Only the account holder can deposit funds to their trading account or withdraw them.