Terms of Use

1. Introduction & Acceptance

These Terms of Use ("Terms") govern your access to and use of the Advancly Microfinance Bank website (advanclymfb.com) and related digital services operated by Advancly Microfinance Bank Ltd ("Advancly", "we", "us"). By accessing or using our website or services, you agree to be bound by these Terms. If you do not agree, please do not use our services.

2. About Advancly

Advancly Microfinance Bank Ltd is a licensed microfinance bank regulated by the Central Bank of Nigeria (CBN) under licence [CBN/MFB/ORG/[XXXXX]]. Our deposits are insured by the Nigeria Deposit Insurance Corporation (NDIC) up to the applicable coverage limit.

3. Eligibility

To open an account or access our banking services, you must be:

• At least 18 years of age.
• A Nigerian citizen or resident.
• In possession of a valid Bank Verification Number (BVN) and government-issued ID.
• Not prohibited from using financial services under applicable Nigerian law.

4. Use of This Website

You agree to use this website only for lawful purposes. You must not:

• Attempt to gain unauthorised access to any part of our systems.
• Use the website to distribute malware or harmful content.
• Impersonate Advancly or any of its employees.
• Scrape, copy, or reproduce any content without our written permission.

5. Account Terms

You are responsible for maintaining the confidentiality of your login credentials and for all activities that occur under your account. You must notify us immediately at help@advanclymfb.com if you suspect unauthorised access to your account. We reserve the right to suspend or terminate accounts that violate these Terms or applicable law.

6. Prohibited Activities

The following are strictly prohibited on our platform:

• Money laundering, terrorist financing, or any activity that violates Nigeria's AML/CFT laws.
• Fraudulent transactions or identity misrepresentation.
• Using our services in connection with illegal gambling, arms dealing, or any sanctioned activity.
• Any attempt to circumvent our security or KYC controls.

7. Intellectual Property

All content on this website — including text, graphics, logos, software, and design — is the intellectual property of Advancly Microfinance Bank Ltd or its licensors and is protected under Nigerian copyright law. You may not reproduce, distribute, or create derivative works without our prior written consent.

8. Third-Party Links

Our website may contain links to third-party websites. These links are provided for convenience only. We have no control over third-party sites and accept no responsibility for their content, privacy practices, or services.

9. Limitation of Liability

To the maximum extent permitted by Nigerian law, Advancly shall not be liable for:

• Indirect, incidental, or consequential losses arising from your use of our website.
• Losses resulting from service interruptions, technical errors, or force majeure events.
• Decisions made based on content on this website that is not specific financial advice.

Our total liability to you for any claim shall not exceed the amount you have deposited with us at the time of the relevant event.

10. No Financial Advice

Nothing on this website constitutes personalised financial, investment, or legal advice. All product information is general in nature. Please consult a qualified professional before making financial decisions.

11. Governing Law & Jurisdiction

These Terms are governed by the laws of the Federal Republic of Nigeria. Any disputes arising from or relating to these Terms shall be subject to the exclusive jurisdiction of the courts of Lagos State, Nigeria, unless otherwise required by applicable CBN or consumer protection regulations.

12. Dispute Resolution

We encourage you to contact us first to resolve any dispute informally. If a dispute cannot be resolved within 30 days, either party may refer the matter to:

• The Consumer Protection Department of the CBN.
• The Lagos Multi-Door Courthouse for mediation.
• A court of competent jurisdiction in Lagos, Nigeria.

13. Changes to These Terms

We may revise these Terms from time to time. Changes will be posted on this page with an updated date. Your continued use of our services after changes are posted constitutes acceptance of the revised Terms.

14. Contact