Lemma Platform Agreement

9. International Wire Services

This Section 9 governs your use of services for initiating electronic, bank-to-bank funds transfers to accounts outside the United States (collectively, “International Wire Transfers”).

9.1. Scope and Providers

These Services are provided by Lemma in partnership with various financial institutions and service partners (“International Wire Services Providers”). You acknowledge that you are not establishing a direct contractual or banking relationship with any International Wire Services Provider. Transfers are governed by this Agreement and the applicable agreements of our Banking Providers.

9.2. Instructions and Security

You must submit International Wire Transfers (“Wire Instructions”) through your Account in compliance with our Security Procedures. You are solely responsible for the accuracy of all beneficiary information. We are not obligated to review your instructions for errors and may process a transfer based solely on the account or identifying number provided, even if the name is inconsistent.

9.3. Processing, Funds, and Limits

• Payment Orders: Your accepted Wire Instruction constitutes a Payment Order and may be executed using electronic transfer facilities, including the SWIFT messaging network.
• Funds Hold: When we accept a Wire Instruction, you authorize us to place a hold on the Wire Instruction Amount in your Deposit or Savings Account, pending transfer to the International Wire Services Provider. We will not process a transfer without sufficient funds.
• Acceptance:Transfers are subject to the applicable International Wire Services Provider's cutoff times and pre-established transaction Limits (e.g., maximum amount or quantity), which we may modify at our sole discretion. We and our providers may reject or delay any instruction that violates laws, presents undue risk, or is inaccurate.

9.4. Cancellation and Liability

You have no right to cancel or amend a Wire Instruction after it has been accepted by us or the International Wire Services Provider. If you request cancellation, we may attempt to act on it in our sole discretion, but we will have no liability for any inability to complete the cancellation or amendment. You agree to indemnify us and the International Wire Services Provider for all costs incurred attempting to act on your request.

9.5. Funds Custody and Sweeps

Settlement Funds for your transfers are held in Clearing Accounts at our International Wire Services Providers. You appoint Lemma as your agent to sweep these Settlement Funds to accounts at other depository institutions (“Sweep Network Institutions”). You acknowledge that you have no direct relationship with the Sweep Network Institutions.

9.6. Consumer Disclosures (Regulation E)

If you use these Services for personal, family, or household purposes (i.e., you are a “consumer”), Regulation E (12 CFR Part 1005) applies, and you have the right to receive disclosures, dispute errors within 180 days of the transfer date, and cancel a transfer for a full refund within 30 minutes of authorizing it (provided the funds have not yet been picked up or deposited). For business users, this section does not apply.

9.7. Warranties and Monitoring

You represent and warrant that all Wire Instructions comply with this Agreement and applicable laws, and that all Customer Information is accurate. We, or our International Wire Services Providers, may request documentation to verify your access and use of the Services to demonstrate compliance.