Terms and Conditions for Internet Banking Access

Unilag Microfinance Bank

By accessing and using the Internet Banking services provided by Unilag Microfinance Bank, you agree to be bound by the following Terms and Conditions. Please read them carefully.

1. User Responsibilities

• You are responsible for maintaining the confidentiality of your login credentials (Username, Password, and/or OTP).
• You agree not to disclose your credentials to any third party.
• You accept full responsibility for all transactions carried out under your profile, whether performed by you or any third party using your credentials.

2. Security

• Our platform uses industry-standard security protocols to protect your data. However, you are responsible for ensuring your device is free from malware or spyware.
• Do not access your internet banking account on public/shared devices.
• Report any unauthorized access or suspicious activity immediately to the bank via [insert contact info].

3. Transaction Authorization

• All transactions initiated using your login credentials and authenticated via OTP or biometric (if enabled) are considered authorized by you.
• The bank is not liable for losses resulting from your negligence in securing your account details.

4. Privacy and Data Protection

• We collect and process personal data in line with Nigeria Data Protection Regulation (NDPR).
• Information you provide is used solely for banking purposes and is not shared with third parties without your consent, unless required by law.

5. Service Availability

• We strive to provide continuous, secure access to internet banking. However, the bank shall not be liable for downtime due to maintenance, technical issues, or force majeure events.

6. Limitation of Liability

• The bank shall not be held responsible for any direct or indirect losses, including loss of profits, arising from your use or inability to use the service.

7. Third-Party Links

• Our internet banking platform may contain links to external websites. The bank is not responsible for the content, security, or privacy practices of these third-party websites.

8. Changes to Terms

• Unilag Microfinance Bank reserves the right to modify these Terms and Conditions at any time. Continued use of the service constitutes your acceptance of any changes made.

9. Governing Law

• These Terms and Conditions are governed by the laws of the Federal Republic of Nigeria.