Terms of Service

1. Acceptance of Terms

These Terms of Service ("Terms") constitute a legally binding agreement between you ("User," "you," or "your") and Treasury US Reserve Currency ("TURC," "we," "our," or "us") regarding your use of our digital currency platform, mobile applications, and related financial services (collectively, the "Services").

By creating an account, accessing our platform, or using any of our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. If you do not agree to these Terms, you must not use our Services.

Important Notice

TURC provides financial services that involve investment risks. Digital currency values may fluctuate, and you may lose money. Treasury securities, while generally considered safe, are subject to market risk. Please review our Risk Disclosure carefully before using our Services.

2. Eligibility and Account Requirements

Eligibility Criteria

To use our Services, you must:

Be at least 18 years of age
Be a U.S. citizen or lawful permanent resident
Provide accurate and complete personal information
Have a valid U.S. bank account
Pass our identity verification and compliance screening
Not be subject to any sanctions or legal restrictions

Account Registration

Account registration requires:

Government-issued photo identification
Social Security Number
Proof of address
Banking information for ACH transfers
Compliance with Know Your Customer (KYC) requirements

Account Security

You are responsible for:

Maintaining the confidentiality of your login credentials
Enabling two-factor authentication
Promptly notifying us of any unauthorized access
Keeping your contact information current
Using strong, unique passwords

3. Description of Services

TURC Digital Currency

TURC is a digital currency backed by U.S. Treasury Exchange-Traded Funds (ETFs). Our Services include:

Digital currency account management
Automated yield distribution from Treasury securities
TURC debit card for spending and withdrawals
Real-time balance and transaction monitoring
Mobile and web-based account access

Yield Generation

Yield is generated through investment in diversified Treasury ETF portfolios:

Short-term Treasury bills (3-12 months)
Intermediate-term Treasury notes (1-10 years)
Long-term Treasury bonds (10+ years)
Daily yield calculation and distribution
Automatic reinvestment unless withdrawn

Technology Integration

Our platform integrates with JSIGN.org for digital identity management and KYRE.AI for intelligent automation. These integrations enhance security and user experience while maintaining strict privacy protections.

4. Financial Terms and Conditions

Deposits and Withdrawals

Minimum initial deposit: $100
ACH transfers: 1-3 business days
Wire transfers: Same business day
Daily withdrawal limits apply
No maintenance fees on account balances

Fees and Charges

No monthly account maintenance fees
No fees for ACH deposits
Wire transfer fees: $15 incoming, $25 outgoing
ATM fees: $2.50 per transaction (out-of-network)
Foreign transaction fees: 1% of transaction amount
Expedited transfer fees: $10 per transaction

Yield and Returns

Yield rates are variable and not guaranteed
Based on performance of underlying Treasury ETFs
Calculated and distributed daily
Subject to market conditions and interest rate changes
Historical performance does not guarantee future results

5. User Responsibilities and Prohibited Activities

Permitted Uses

You may use our Services for:

Legitimate personal and business transactions
Saving and earning yield on deposited funds
Making purchases using your TURC debit card
Transferring funds to other financial institutions

Prohibited Activities

You agree not to:

Use our Services for illegal activities
Engage in money laundering or terrorist financing
Attempt to circumvent our security measures
Provide false or misleading information
Use automated systems to access our platform without permission
Violate any applicable laws or regulations
Transfer or sell your account to another person

Compliance Monitoring

We reserve the right to:

Monitor transactions for suspicious activity
Request additional documentation
Freeze accounts pending investigation
Report suspicious activities to authorities
Terminate accounts for violations

6. Risk Disclosure and Investment Warnings

Investment Risks

Treasury securities are subject to interest rate risk, inflation risk, and credit risk. While U.S. Treasury securities are backed by the full faith and credit of the U.S. government, they are not risk-free investments.

Market Risks

Interest rate fluctuations affect Treasury security values
Inflation may erode purchasing power of returns
Market volatility can impact portfolio performance
Yield rates may decrease or become negative

Technology Risks

Cybersecurity threats and data breaches
System outages and technical failures
Third-party service provider risks
Regulatory changes affecting operations

Liquidity Considerations

Withdrawals subject to processing times
Large withdrawal requests may require advance notice
Market conditions may affect liquidity
Account freezes may restrict access

7. Limitation of Liability and Disclaimers

Service Disclaimers

Our Services are provided "as is" without warranties of any kind. We disclaim all warranties, express or implied, including:

Merchantability and fitness for a particular purpose
Uninterrupted or error-free service
Accuracy of information or data
Security of transmissions or data storage

Liability Limitations

To the maximum extent permitted by law, our liability is limited to:

Direct damages not exceeding your account balance
Exclusion of consequential or punitive damages
No liability for third-party actions or services
Limitation period of one year from date of claim

FDIC Insurance Notice

TURC accounts are not FDIC insured. Your funds are invested in Treasury ETFs which are not bank deposits and therefore not protected by FDIC insurance. However, Treasury securities are backed by the full faith and credit of the U.S. government.

8. Account Termination and Suspension

Voluntary Termination

You may close your account at any time by:

Withdrawing all funds from your account
Contacting customer support
Following account closure procedures
Returning any issued debit cards

Involuntary Termination

We may suspend or terminate your account for:

Violation of these Terms
Suspected fraudulent activity
Failure to provide required documentation
Legal or regulatory requirements
Risk management purposes

Post-Termination

Upon account closure:

Outstanding transactions will be completed
Final yield distributions will be calculated
Remaining funds will be returned to your linked bank account
Account data will be retained as required by law

9. Dispute Resolution and Governing Law

Dispute Resolution Process

Contact customer support for informal resolution
Submit formal complaint through our website
Participate in mediation if requested
Binding arbitration for unresolved disputes

Arbitration Agreement

Any disputes will be resolved through binding arbitration rather than court proceedings, except for:

Small claims court matters under jurisdictional limits
Injunctive relief for intellectual property violations
Regulatory enforcement actions

Governing Law

These Terms are governed by the laws of the State of Delaware and applicable federal laws, without regard to conflict of law principles.

10. Modifications and Communication

Terms Updates

We may modify these Terms at any time. We will notify you of material changes by:

Email notification to your registered address
Prominent notice on our website
In-app notifications
30-day advance notice for significant changes

Communication Methods

We may communicate with you through:

Email messages
Text messages (SMS)
Push notifications
Postal mail
Account dashboard messages

You consent to electronic communications and agree that such communications satisfy any legal requirement for written notice.