The terms governing access to KhadExchange's website and licensed international money transfer and corporate FX services. Please read carefully before engaging our services.
Important: These Terms govern the relationship between KhadExchange Limited and its institutional clients and website visitors. By submitting an enquiry, entering into a service agreement, or using our website, you agree to be bound by these Terms. If you do not agree, please do not use our services or website.
KhadExchange Limited ("KhadExchange") is a licensed International Money Transfer Operator (IMTO) regulated by the Central Bank of Nigeria (CBN). Our services are exclusively B2B in nature — we serve corporate entities, financial institutions, and licensed intermediaries. We do not provide retail or consumer financial services.
All services are subject to CBN regulations, AML/CFT guidelines, and applicable Nigerian law.
Our services are available only to:
By engaging our services, you represent that you are an authorised representative of a qualifying entity with the legal authority to bind that organisation to contractual obligations.
KhadExchange reserves the right to decline or terminate services to any entity that does not meet our compliance standards or whose source of funds cannot be satisfactorily verified.
All new clients must complete our Know Your Business (KYB) onboarding process prior to executing any transactions. This includes submission of corporate documentation, director identification, and source of funds declarations as required by our AML/CFT Policy.
KhadExchange may request additional documentation at any stage of the relationship. Failure to provide requested documents may result in suspension of services pending clarification or, where legally required, mandatory reporting to relevant authorities.
By submitting onboarding documents, you warrant that all information provided is true, accurate, and not intentionally misleading.
KhadExchange provides the following core services to eligible clients:
Indicative rates displayed on our website are for reference only and are based on prevailing market conditions. Binding rates are confirmed in writing by our Dealing Desk at the time of each transaction and are subject to market movement, volume, and settlement conditions.
KhadExchange makes no warranty that website-displayed rates will be available for any specific transaction.
All transactions are subject to:
KhadExchange is not liable for delays resulting from regulatory holds, correspondent banking processing times, or force majeure events beyond our reasonable control.
Our services may not be used for, and you warrant that you will not use them for:
Violation of this clause will result in immediate termination of services, mandatory regulatory reporting, and co-operation with any resulting law enforcement investigation.
To the fullest extent permitted by applicable law:
All content on the KhadExchange website — including text, design, graphics, logos, and FX intelligence articles — is the intellectual property of KhadExchange Limited. You may not reproduce, distribute, or create derivative works without our express written consent.
Our name, logo, and "KhadExchange" mark are proprietary. Unauthorised use is prohibited.
The KhadExchange website is provided for informational purposes only. Nothing on this site constitutes financial advice, a binding offer, or a solicitation to enter into a transaction. All rates, figures, and case studies are indicative only.
We reserve the right to modify, suspend, or discontinue any aspect of our website without notice.
These Terms are governed by the laws of the Federal Republic of Nigeria. Any dispute arising from or in connection with these Terms or our services shall be subject to the exclusive jurisdiction of the Nigerian courts, with initial recourse to mediation where practicable.
We may update these Terms from time to time. Continued use of our services after a material change constitutes acceptance of the revised Terms. Where the change is significant, we will provide reasonable notice to active clients.
For legal and compliance enquiries regarding these Terms:
KhadExchange Limited
Email: compliance@khadexchange.com
General: info@khadexchange.com