Preamble & Acceptance
CoreThese Global Membership Terms and Conditions ("Terms") constitute a legally binding contract between you ("Member", "User", or "you") and XB2BX LTD, a company registered in England and Wales, hereinafter referred to as "XB2BX", "we", "us", or "our".
If you are acting on behalf of a corporate entity, you represent and warrant that you are duly authorised to bind that entity. These Terms apply globally and shall be subject to the governing law specified in Section 12 unless superseded by mandatory local law.
Definitions
CoreThe following capitalised terms carry the meanings defined below throughout these Terms and all related XB2BX policy documents.
Eligibility & KYB / KYC Verification
Compliance- You must be at least 18 years of age, or the age of majority in your jurisdiction if higher, to register as an individual member.
- Corporate members must be a validly incorporated and legally operating entity under the laws of their registered jurisdiction.
- You must have full legal capacity to enter into binding contracts.
- Your jurisdiction must not appear on any active international sanctions list maintained by the UN, EU, UK HM Treasury, US OFAC, or equivalent authority.
All Members are subject to a mandatory verification process before full platform access is granted. XB2BX reserves the right to request the following documentation at any stage of the relationship:
- Certificate of Incorporation or equivalent
- Proof of registered address
- UBO (Ultimate Beneficial Owner) declaration
- Authorised signatory documentation
- Valid trade licences or sector permits
- Government-issued photo ID (passport or national ID)
- Proof of residential address (dated within 90 days)
- Source of funds declaration (if applicable)
- Facial verification (for high-value accounts)
Scope of Membership
CoreXB2BX membership grants a non-exclusive, non-transferable, revocable licence to access and use the Platform services corresponding to your elected membership tier. The Platform supports, but is not limited to, the following commerce categories:
- Wholesale trading and bulk procurement
- Tender publishing and sourcing
- Cross-border brokerage facilitation
- Trade finance access (where available)
- Managed logistics and freight services
- Retail product listings and storefronts
- Digital goods and software licensing
- Professional and freelance services
- Subscription-based service offerings
- Marketing and lead generation tools
Membership is personal to the registering entity and may not be transferred, sub-licensed, or shared with third parties without prior written consent from XB2BX.
Seller & Buyer Obligations
Legal- Title & Authority: Sellers warrant that they hold full legal title to, or authority to sell, all goods and services listed on the Platform.
- Accuracy: All listings must be accurate, complete, and not misleading. Descriptions, images, certifications, and pricing must reflect the actual goods or services offered.
- Stock Integrity: Sellers must maintain accurate inventory levels and promptly delist items that are no longer available.
- Compliance: Goods must meet all applicable regulatory, safety, and import/export requirements for both origin and destination jurisdictions.
- Fulfilment: Upon acceptance of a trade, sellers are obligated to fulfil orders within agreed timelines. Unjustified non-fulfilment may result in suspension and financial penalties.
- Documentation: Sellers must supply all requested trade documentation including but not limited to invoices, certificates of origin, packing lists, and compliance certificates.
- Financial Capacity: Buyers warrant they have the financial capacity and all necessary authorisations to complete any transaction entered into.
- Binding Offers: Submitting a purchase order, bid, or intent-to-buy constitutes a legally binding offer subject to seller acceptance and XB2BX confirmation.
- Import Compliance: Buyers are solely responsible for ensuring that goods can be lawfully imported into the destination jurisdiction and for paying all applicable duties, taxes, and levies.
- Timely Payment: Buyers must adhere to payment schedules as confirmed at the point of trade, including any escrow or deposit requirements.
- Good Faith: Buyers must not cancel confirmed orders except in accordance with the Returns & Refund policy in Section 8.
Payments, Fees & Subscriptions
FinancialXB2BX offers tiered membership plans. Subscription fees are billed in advance on a monthly or annual basis and are non-refundable unless otherwise specified in writing by XB2BX.
| Tier | Access Level | Billing | Brokerage Commission |
|---|---|---|---|
| Starter | Basic listings, limited search | Monthly / Annual | As per standard rate card |
| Business | Full marketplace access | Monthly / Annual | Reduced — refer to SLA |
| Enterprise | Unlimited + API access + 24/7 support | Annual (negotiated) | Custom — refer to SLA |
| Consumer | B2C storefront access | Per-transaction | Standard B2C rate card |
In addition to subscription fees, XB2BX levies a brokerage commission calculated as a percentage of the confirmed gross contract value of each completed trade. The applicable rate is either specified in your SLA or presented at the point of trade confirmation. XB2BX reserves the right to deduct applicable fees directly from funds held in escrow or invoice Members accordingly.
- Accepted methods include: bank transfers (SWIFT/SEPA), major credit/debit cards, approved digital payment processors, and, where enabled, approved digital currency mechanisms.
- All fees are displayed in USD unless otherwise agreed. Currency conversion risks are borne solely by the Member.
- Late payments exceeding 30 days from the due date may incur interest at the rate of 8% per annum above the Bank of England base rate, or equivalent statutory rate.
Members are solely responsible for determining, collecting, and remitting all taxes — including VAT, GST, customs duties, and withholding taxes — applicable to their transactions. XB2BX does not act as a tax agent for any Member. Where XB2BX is legally required to collect and remit taxes, it will do so and these amounts will be disclosed clearly at checkout.
Shipping, Delivery & Logistics
OperationsXB2BX operates as a marketplace facilitator and does not take physical custody of, or bear risk in, any goods traded between Members. Unless otherwise specified via Incoterms® (ICC 2020) within a confirmed trade contract, responsibility for logistics, freight, insurance, and customs clearance rests with the transacting parties.
- Managed Logistics (Optional): XB2BX may offer managed freight, customs brokerage, and last-mile delivery as paid add-on services. These services are subject to a separate logistics services agreement.
- Delivery Confirmation: Members must confirm delivery receipt on the Platform within 48 hours of physical receipt. Failure to confirm constitutes deemed acceptance of goods in satisfactory condition.
- Delays: Neither XB2BX nor any Member shall be liable for delivery delays attributable to customs authorities, carrier failures, Force Majeure events, or incorrect documentation provided by either party.
- International Trade: Members trading across borders are responsible for compliance with all applicable import/export controls, sanctions, and dual-use regulations in all relevant jurisdictions.
Returns, Refunds & Claims
LegalXB2BX acts solely as a platform facilitator. We do not take physical possession of goods, nor do we act as seller or buyer in any transaction. Accordingly, return rights are governed primarily by the terms agreed between the transacting parties in their Purchase Order ("PO") or trade contract.
B2B transactions are commercial in nature. Returns and refund rights are governed by the terms in the confirmed PO. In the absence of express PO terms, the following default rules apply:
- Claims for damaged, short, or non-conforming goods must be filed within 48 hours of confirmed delivery via the XB2BX dispute portal.
- Claims must be accompanied by photographic evidence, carrier waybill, and inspection certificate where applicable.
- Subscription and brokerage fees paid to XB2BX are non-refundable except where XB2BX has demonstrably failed to provide contracted services.
Where a transaction qualifies as a B2C consumer sale under applicable law (including the UK Consumer Rights Act 2015, EU Consumer Rights Directive, or equivalent local legislation), the consumer Member retains all statutory rights afforded by that law, which these Terms do not seek to limit or exclude. This includes, where applicable, a 14-day right of withdrawal for distance contracts involving physical goods.
Prohibited Items, Services & Conduct
Critical- Creating false, misleading, or fraudulent listings, identities, or reviews.
- Circumventing the platform to conduct transactions "off-platform" to avoid XB2BX fees or protections.
- Engaging in price-fixing, market manipulation, or anti-competitive practices in contravention of applicable competition law.
- Scraping, harvesting, crawling, or using automated means to extract platform data for competitive commercial use.
- Uploading malicious code, attempting to access systems without authorisation, or conducting any form of cyber attack against the platform or other members.
- Harassing, threatening, or discriminating against other members or XB2BX staff.
- Using the Platform to facilitate money laundering, terrorist financing, or any other financial crime.
Intellectual Property
LegalAll platform technology, software, source code, databases, algorithms, user interface designs, trademarks, service marks, logos, trade names, and proprietary data architectures are the exclusive intellectual property of XB2BX LTD and its licensors. All rights are reserved.
Members are granted a limited licence to use the Platform in accordance with these Terms. No Member shall: (i) copy, reproduce, or distribute XB2BX's proprietary content; (ii) reverse-engineer or decompile any platform software; (iii) create derivative works; or (iv) use XB2BX's trademarks or branding without prior written authorisation.
By uploading, posting, or submitting any content to the Platform (including product images, descriptions, certifications, or communications), Members grant XB2BX a worldwide, royalty-free, non-exclusive licence to host, display, index, and use such content solely for the purpose of operating and promoting the Platform. Members retain all underlying IP rights in their content and warrant that it does not infringe any third-party rights.
Privacy, Data Protection & Security
ComplianceXB2BX is committed to protecting your Personal Data in accordance with applicable data protection law, including the UK GDPR, the EU General Data Protection Regulation (2016/679), the Data Protection Act 2018, and equivalent regulations in other applicable jurisdictions.
- Data Collection: We collect and process Personal Data necessary to operate the Platform, verify Members, facilitate transactions, and comply with legal obligations. Full details are set out in our Privacy Policy at xb2bx.com/privacy.
- Data Security: XB2BX employs industry-standard encryption (TLS 1.3+), multi-factor authentication infrastructure, access controls, and regular security audits to protect data from unauthorised access, alteration, or disclosure.
- Data Transfers: Where Personal Data is transferred outside the UK or EEA, XB2BX ensures appropriate safeguards are in place (Standard Contractual Clauses, adequacy decisions, or equivalent).
- Member Rights: Members have the right to access, rectify, erase, restrict, or port their Personal Data, and to object to certain processing. Requests should be directed to dpo@xb2bx.com.
- Data Retention: Transaction and account data is retained for a minimum of 7 years to comply with anti-money laundering and financial record-keeping regulations, unless a longer period is legally required.
- Breach Notification: In the event of a data breach likely to pose risk to individuals' rights, XB2BX will notify affected Members and relevant supervisory authorities within 72 hours of becoming aware.
Dispute Resolution & Governing Law
LegalIn the event of any dispute, claim, or controversy arising between Members, or between a Member and XB2BX, the parties shall first seek resolution through XB2BX's internal dispute resolution mechanism. The aggrieved party must submit a formal dispute notice via the Platform within 30 days of the event giving rise to the dispute. XB2BX will provide a facilitated mediation process of up to 30 calendar days.
If a dispute remains unresolved following Stage 1 mediation, either party may refer the matter to binding arbitration under the rules of the London Court of International Arbitration (LCIA), conducted in London, England in the English language. The arbitration shall be conducted before a sole arbitrator unless the value of the claim exceeds USD 500,000, in which case a three-member tribunal shall be convened.
These Terms and all non-contractual obligations arising in connection with them shall be governed by and construed in accordance with the laws of England and Wales. Subject to the arbitration clause above, the parties submit to the exclusive jurisdiction of the courts of England and Wales.
To the maximum extent permitted by law, XB2BX's total aggregate liability to any Member for all claims arising under these Terms shall not exceed the greater of: (i) the total fees paid by that Member to XB2BX in the 12 months preceding the event giving rise to the claim; or (ii) USD 10,000. XB2BX expressly excludes liability for indirect, consequential, special, or punitive losses.
Account Suspension & Termination
CriticalXB2BX reserves the right to suspend, restrict, or permanently terminate a Member's account and access to the Platform at its sole discretion, including but not limited to the following circumstances:
- Breach of any provision of these Terms or any incorporated policy.
- Non-payment of subscription fees, brokerage commissions, or other platform charges for a period exceeding 14 days from the due date.
- Failure to maintain valid KYB/KYC documentation, or discovery that submitted documents are fraudulent or expired.
- Reasonable suspicion of fraudulent activity, money laundering, sanctions violations, or other financial crime.
- Conduct that is harmful, abusive, or reputationally damaging to XB2BX or other Members.
- Receipt of a legal, regulatory, or court order requiring action against the account.
- Extended period of inactivity exceeding 24 consecutive months.
Upon termination, the Member's licence to use the Platform ceases immediately. Accrued obligations — including outstanding fees, pending trade fulfilment, and data retention obligations — survive termination.
Amendments to These Terms
LegalXB2BX reserves the right to modify, update, or replace these Terms at any time. The nature and timing of notifications depends on the materiality of the change:
| Type of Change | Notice Period | Method of Notice |
|---|---|---|
| Material change (fees, rights, legal basis) | 30 calendar days | Platform dashboard + registered email |
| Minor updates (clarifications, formatting) | Immediate | Updated document + platform notice |
| Emergency changes (legal/regulatory order) | As short as required by law | Platform dashboard + email |
Continued use of the Platform following the effective date of any revised Terms constitutes your unconditional acceptance of those changes. If you do not accept material changes, you must notify XB2BX in writing before the effective date and cease using the Platform. Fees paid for subscription periods that have not yet commenced at the time of termination may be refunded on a pro-rata basis at XB2BX's discretion.
Contact, Support & Legal Notices
CoreAll formal legal notices to XB2BX must be sent in writing by recorded post or via the official legal contact email below and will be deemed received on the date confirmed in delivery acknowledgement.
XB2BX LTD — Global Legal Framework
These Terms and Conditions constitute the complete and exclusive agreement between XB2BX LTD and its Members with respect to the subject matter herein, and supersede all prior representations, negotiations, and agreements.
Version 4.1.0 · Effective 1 January 2025 · Governed by the Laws of England & Wales