NetSuite Bankfeed User Terms


Last updated: 9 May 2022

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Airwallex (UK) Limited ("Airwallex" or "we") will provide our customers ("Customers" or "you”), upon instruction, with the opportunity to connect your Airwallex account ("Airwallex Account") to your NetSuite user account ("NetSuite User Account"), enabling Airwallex to share data associated with Airwallex accounts ("Account Data”) with Oracle Corporation UK Limited ("Oracle") to enable you to make use of the NetSuite Bankfeed application.

By instructing Airwallex to connect your Airwallex Account to your NetSuite User Account, you agree to be bound by these terms and conditions ("Bankfeed User Terms").

These Bankfeed User Terms constitute Additional Terms that apply to the connection of your Airwallex Account to your NetSuite User Account, and are incorporated to form a part of the Payout and FX Terms that are applicable to you as if set out in such Payout and FX Terms in full. To the extent of any inconsistency with the applicable Payout and FX Terms, these Bankfeed User Terms will prevail to the extent the inconsistency relates to the rights and obligations as set out in these Bankfeed User Terms.

You undertake, acknowledge and agree on a continuing basis, that: by connecting your Airwallex Account to your NetSuite User Account:

  1. You instruct Airwallex to share - and thereby process - your Account Data with NetSuite on a continuous basis until such time you withdraw your instruction in accordance with paragraph 2 below. Airwallex shall initiate the sharing of Account Data after having notified you we have verified your Netsuite User Account credentials ("Credentials").

  2. You can withdraw your instruction at any time by making a disconnection request in the Airwallex webapp. Airwallex shall terminate sharing your Account Data within five (5) business days after having received your instruction.

  3. Airwallex shall (temporarily) terminate sharing your Account Data with NetSuite if an event occurs that prevents Airwallex from successfully sending your Account Data to NetSuite, such as, but not limited to, your Credentials no longer functioning.

  4. Airwallex can rely on the authenticity of instructions received in your name if such instructions are received by Airwallex via the Airwallex webapp when logged in as the owner or an administrator of the Airwallex Account.

  5. You comply with all Applicable Laws on data protection and, to the extent required, have obtained all necessary consents and approvals for the NetSuite Bankfeed application.

  6. You will indemnify Airwallex against any actions, claims, demands or proceedings that may be brought against Airwallex, including but not limited to any actions, claims, demands or proceedings under data protection laws, and any losses, costs, damages, expenses (including but not limited to any legal fees) or liabilities incurred or sustained by Airwallex arising out of or connection with Airwallex’ obligations under these Bankfeed User Terms, in accordance with applicable law and regulations, your instructions or your failure to perform any of your obligations under these Bankfeed User Terms.

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