1. Introduction and Scope
These Linked Business Accounts Terms and Conditions (“Terms”) govern the use of the Linked Business service (“Linked Business Accounts”) made available via the Nebeus Platform (
https://nebeus.com) to eligible business Clients who require operational access to dedicated e-money and payment accounts for third-party transactions.
These Terms apply to all business Clients who activate the Linked Business Accounts service through their Nebeus Account. By requesting access to this service, you agree to be legally bound by these Terms, together with the Nebeus General Terms of Use, the Fiat Republic Terms of Use, and any applicable product-specific documentation or disclosures.
The Linked Business Accounts service is operated and facilitated by Rintral Trading S.L.U. (“Nebeus”), a company registered in Spain (B66096686), which handles the onboarding process, interface management, and account interaction services. The e-money and payment accounts are provided by Fiat Republic Netherlands B.V., a third-party electronic money institution authorised by De Nederlandsche Bank (Relation Number R190553, Company Number 84625791).
The purpose of this service is to allow eligible Clients to manage business payments to and from third parties through an infrastructure integrated into the Nebeus environment. Nebeus acts solely as a technical intermediary and onboarding agent, with limited access to account functionalities, based on an express Power of Attorney (PoA) granted by the Client.
By activating the Linked Business Accounts, you expressly acknowledge and accept:
i. That the accounts are issued and held in your name with Fiat Republic Netherlands B.V., and not with Nebeus;
ii. That Nebeus does not hold or safeguard funds, but is authorised to operate the accounts under a limited PoA;
iii. That the use of this service is subject to third-party terms, compliance verifications, and regulatory oversight;
iv. That you remain the sole contractual counterparty to Fiat Republic Netherlands B.V. for all account-related matters.
These Terms may be updated in accordance with Clause 9 (Governing Law and Modifications). Continued use of the Linked Business Accounts following any updates constitutes full acceptance of the revised Terms.
2. Purpose and Use Cases
The Linked Business Accounts service enables eligible business Clients to access dedicated e-money and payment accounts opened in their own name with Fiat Republic Netherlands B.V., a regulated Electronic Money Institution. These accounts are intended for the receipt, storage, and execution of payment transactions related to legitimate business operations and third-party relationships.
This service is designed for companies that require a scalable and compliant infrastructure to manage inbound and outbound payments under their legal entity. Examples of permitted use cases include, but are not limited to, receiving funds from customers or clients, settling supplier invoices, disbursing payroll, processing recurring commercial payments, and allocating funds across internal departments or projects. The account also allows for outgoing SEPA and international transfers, subject to availability and Fiat Republic’s compliance rules.
Each account operates under the full legal ownership of the Client and is segregated from the assets of both Nebeus and Fiat Republic. However, operational access is granted to Nebeus under a limited Power of Attorney, solely for technical facilitation, transaction execution, and account support functions.
All use of the Linked Business Accounts must comply with Nebeus’ internal risk policies, as well as the acceptable use restrictions and transaction monitoring standards set by Fiat Republic. Clients remain ultimately responsible for ensuring that their payment activity is lawful, accurate, and properly documented.
3. Definitions
For the purpose of these Terms, the following definitions apply:
- Client: A legal entity or business user that holds a verified Nebeus business account and has completed the onboarding process to access the Linked Business Accounts.
- Linked Business Accounts: E-money and payment accounts issued by Fiat Republic Netherlands B.V. in the name of the Client and accessible via the Nebeus Platform for business-related transactions.
- Fiat Republic: Fiat Republic Netherlands B.V., a licensed Electronic Money Institution authorised by De Nederlandsche Bank (Relation Number R190553, Company Number 84625791).
- Power of Attorney (PoA): A limited and revocable mandate executed by the Client in favour of Nebeus, authorising it to operate the Linked Business Accounts on the Client’s behalf for defined purposes strictly related to this service.
- Nebeus Platform: The web and mobile interface operated by Rintral Trading S.L.U., enabling Clients to access Nebeus products, services, account information, and interactions with third-party financial institutions.
All other capitalized terms shall have the meaning defined in the General Terms of Use, unless otherwise stated herein.
4. Identity Verification and KYC Obligations
Access to the Linked Business Accounts is strictly conditional upon successful completion of identity verification procedures required by both Nebeus and Fiat Republic Netherlands B.V. All Clients must undergo Know-Your-Business (KYB) due diligence, which includes verification of corporate structure, beneficial ownership, authorised representatives, and business activity.
During the onboarding process, the Client may be required to submit documentation such as company registration certificates, shareholder registers, director mandates, tax identification numbers, and identity documents for natural persons acting on behalf of the legal entity. Nebeus reserves the right to request additional documents or clarifications at any time, including after activation, to ensure ongoing compliance with Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) regulations.
The Client undertakes to keep all KYC information up to date and to promptly notify Nebeus of any change in ownership, directorship, business activity, or legal status. Failure to comply with KYC obligations may result in suspension or termination of access to the Linked Business service.
All data collected in the course of identity verification shall be processed and stored in accordance with the Nebeus Privacy Policy and applicable data protection laws, including the General Data Protection Regulation (GDPR).
5. Eligibility and Activation
Access to the Linked Business Accounts is reserved for legal entities that hold a verified Nebeus business account and have successfully completed all Know-Your-Business (KYB) and compliance onboarding procedures required by both Nebeus and Fiat Republic Netherlands B.V.
The Linked Business service is intended exclusively for Clients operating in permitted jurisdictions and seeking to perform regulated business-to-business payments through a dedicated third-party account infrastructure. Access may be restricted based on jurisdictional limitations, international sanctions, or internal risk policies, as determined by Nebeus or Fiat Republic.
To activate the service, the Client must explicitly accept these Terms, complete the onboarding workflow, and submit a duly signed Power of Attorney authorising Nebeus to access and manage the account on its behalf. Activation of the Linked Business Accounts implies full acceptance of Fiat Republic’s Terms and Conditions, which form the basis of the direct relationship between the Client and the account provider.
Account issuance, configuration, and ongoing access remain subject to approval by Fiat Republic Netherlands B.V. Nebeus may not be held responsible for delays, rejections, or restrictions resulting from external onboarding or risk assessments performed by Fiat Republic.
6. Permitted Use and Account Restrictions
The Linked Business Accounts are intended strictly for legitimate commercial activity carried out in the ordinary course of the Client’s business. All payment transactions must relate to verifiable business relationships or obligations, such as supplier settlements, client invoicing, payroll processing, or similar operational flows.
Use of the accounts for personal transactions, peer-to-peer activity, or for purposes unrelated to the Client’s stated business objectives is not permitted. High-risk sectors, including unlicensed financial intermediation, speculative investment services, adult content, weapons, gambling, and virtual asset providers not registered under applicable EU or FATF frameworks, are expressly excluded unless prior written approval has been obtained.
Nebeus and Fiat Republic reserve the right to assess each Client’s activity profile on an ongoing basis. Access to certain features or transaction types may be limited, suspended, or permanently disabled where the use case is inconsistent with these Terms or applicable legal obligations.
7. Audit and Oversight
Nebeus reserves the right to carry out internal audits and compliance reviews to ensure that the Linked Business Accounts are used in accordance with these Terms and applicable regulations.
The Client agrees to provide reasonable cooperation and access to relevant documents or information, upon justified request.
Any material breach identified during such oversight activities may result in immediate suspension or termination of the service, at Nebeus’ sole discretion and without prejudice to any legal remedies.
8. Safeguarding of Funds and Account Control
All monetary balances held in the Linked Business Accounts are safeguarded by Fiat Republic Netherlands B.V., in accordance with its authorisation as an Electronic Money Institution regulated by De Nederlandsche Bank. Safeguarded funds are held in segregated accounts at one or more credit institutions within the European Economic Area and are not commingled with operational or proprietary assets.
The Client retains full legal ownership of the funds and bears all associated risks, including those deriving from their commercial use, counterparty relationships, and transaction instructions. Nebeus does not provide any form of asset custody, collateralisation, or discretionary account management. Its access to the Linked Business Accounts is strictly limited to the scope of the Power of Attorney and is exercised only on instruction or for operational facilitation.
Neither Nebeus nor any of its partners may access, redirect, or repurpose the funds for their own benefit or for any activity not expressly authorised under these Terms.
9. Regulatory Cooperation and Disclosures
The Client agrees to cooperate fully with any lawful request, audit, or inquiry made by competent authorities, including financial supervisory bodies, tax agencies, law enforcement entities, or anti-money laundering units.
Nebeus may disclose relevant information about the Client’s identity, transactions, account activity, or associated documentation to such authorities, whether directly or through Fiat Republic, in compliance with applicable legal, regulatory, or contractual obligations.
The Client understands and accepts that such disclosures may occur without prior notice where required by law and that Nebeus has no liability for damages arising from good faith compliance with official requests.
10. Availability and Technical Limitations
Nebeus will make reasonable efforts to ensure that the Linked Business interface is accessible during standard business hours, subject to scheduled maintenance, emergency updates, or infrastructure constraints beyond its control. However, the underlying account infrastructure is fully dependent on the operational continuity of Fiat Republic Netherlands B.V. and its banking partners.
The Client acknowledges that access to certain features, such as outbound transfers, beneficiary whitelisting, or account reporting, may be delayed, limited, or temporarily unavailable in cases of system maintenance, compliance intervention, or changes in regulatory conditions.
In such cases, Nebeus shall not be liable for business interruption, lost revenue, or indirect damages, provided it acts in good faith and within the scope of its obligations.
While Nebeus may provide technical support and operational guidance, it does not guarantee uninterrupted service or real-time processing capabilities.
11. Fees, Charges, and Cost Transparency
The Linked Business Accounts may be subject to service fees, transaction commissions, or third-party charges, depending on the scope of use, account configuration, and type of payment activity. All fees applicable to this service are published on the Nebeus Platform or provided separately in writing during the onboarding phase.
The Client agrees to review and accept the applicable fee structure prior to initiating any transaction. Nebeus reserves the right to amend pricing schedules with prior notice, in line with the General Terms of Use. Continued use of the service after such notice constitutes acceptance of the revised terms.
In case of insufficient balances or dispute over charges, Nebeus may suspend access to the service until the outstanding amounts are cleared. No refunds will be granted for services already rendered, unless due to error attributable to Nebeus.
12. Accuracy of Payment Instructions
The Client bears sole and full responsibility for the accuracy, completeness, and validity of any payment instruction submitted via the Linked Business Account. This includes, without limitation, the identification of the correct beneficiary name, account number (IBAN), BIC/SWIFT code, currency, payment amount, and any relevant reference or purpose fields.
Nebeus and Fiat Republic shall not be liable for any loss, delay, failed transaction, or unintended transfer resulting from typographical errors, incorrect account identifiers, or incomplete information provided by the Client. It is the Client’s obligation to verify each transaction prior to submission. Once a payment instruction is executed, it may be irreversible.
13. Service Structure and Authorisation
The Linked Business Accounts are issued in the Client’s name directly by Fiat Republic Netherlands B.V., a licensed Electronic Money Institution authorised by De Nederlandsche Bank. While the accounts are accessible through the Nebeus Platform, they are operated under the sole regulatory supervision and contractual framework of Fiat Republic.
Nebeus acts exclusively as a technical facilitator and onboarding intermediary. It does not hold or manage client funds and does not provide payment or e-money services in its own name. Operational interaction with the accounts is made possible through a limited and revocable Power of Attorney granted by the Client.
By granting this authorisation, the Client enables Nebeus to execute certain defined actions strictly within the scope of the Linked Business service. These may include initiating or confirming outgoing payments, reviewing balances or transaction data, adjusting security or interface parameters, and responding to compliance-related requests submitted by Fiat Republic.
All operations performed under this mandate are logged and monitored via secure digital infrastructure. Nebeus may refuse to act where instructions are unclear, inconsistent with the service’s purpose, or where legal or compliance concerns arise. The Client remains responsible at all times for the integrity of the authorisation and the lawful use of the Linked Business Accounts.
14. Power of Attorney Requirements
The use of the Linked Business Accounts requires the Client to execute a specific Power of Attorney (PoA) in favour of Nebeus. This document authorises Nebeus to interact with the e-money account on behalf of the Client for purposes strictly limited to the functionality of the Linked Business service.
The PoA must be signed by a duly authorised legal representative of the Client and must clearly identify both the parties and the scope of authorised actions. It shall remain valid until explicitly revoked or replaced, subject to review and approval by Nebeus. A digital signature is acceptable unless local legal requirements mandate a different format.
Nebeus shall retain a copy of the executed PoA and may be required to produce it to regulatory authorities or service partners as part of its compliance obligations. Failure to provide a complete, legible, and consistent PoA may result in delays or denial of access to the Linked Business service.
The Client acknowledges that the PoA is a fundamental condition for the activation and continued use of the Linked Business Accounts and accepts full responsibility for its accuracy and enforceability under applicable laws.
15. Terms of Use and Third-Party Conditions
By activating the Linked Business Accounts, the Client confirms that it has reviewed and accepted the Terms and Conditions of Fiat Republic Netherlands B.V., as made available via the Nebeus Platform. These terms govern the relationship between the Client and Fiat Republic and apply independently of the agreement entered into with Nebeus.
Nebeus does not act as a party to the contractual arrangement between the Client and Fiat Republic and shall not be considered a provider of e-money or payment services under this framework. All account functionality, transaction execution, and balance management are subject to the operational capabilities and regulatory policies of Fiat Republic.
The Client acknowledges that third-party conditions, including those related to account funding, payment limits, compliance reviews, transaction monitoring, and dispute resolution, may apply to the use of the Linked Business Accounts. Such conditions may evolve over time and remain under the exclusive control of Fiat Republic.
Nebeus assumes no responsibility for the performance, availability, or legal adequacy of services delivered by Fiat Republic and expressly disclaims any liability arising from the enforcement, interpretation, or modification of third-party terms.
16. Termination and Revocation
The Client may terminate access to the Linked Business Accounts at any time by submitting a written request to Nebeus and revoking the Power of Attorney. Upon receipt of such request, Nebeus will promptly notify Fiat Republic and initiate the closure or deactivation process, subject to any regulatory or operational constraints applicable to the account.
Nebeus reserves the right to suspend or terminate the Client’s access to the Linked Business service without prior notice where:
- the Power of Attorney is revoked, expired, or deemed invalid;
- the Client no longer meets eligibility or compliance requirements;
- instructions are inconsistent with applicable laws or internal controls;
- continuing the service poses a risk to Nebeus, its partners, or third parties.
Termination of the Linked Business service shall not affect the Client’s continuing obligations under any other Nebeus product or the contractual relationship with Fiat Republic. The Client remains responsible for any actions or liabilities arising prior to the termination date.
17. Dormant Accounts and Re-verification
If the Linked Business Account remains inactive for a continuous period of twelve (12) months, Nebeus reserves the right to classify the account as dormant. In such cases, Nebeus may require updated verification documents, business activity confirmation, or additional due diligence information before restoring full service access.
The Client will be notified at least thirty (30) calendar days in advance of any proposed account suspension or re-verification process.
Failure to comply with the re-verification request within the specified timeframe may result in permanent closure of the Linked Business Account or restricted functionality until compliance is achieved.
18. Limitation of Liability
Nebeus acts solely as a facilitator of the Linked Business service and does not provide payment, e-money, or banking services directly. The Client acknowledges and accepts that all funds held in the Linked Business Accounts are managed by Fiat Republic Netherlands B.V. under its own regulatory framework, and that Nebeus has no control over the movement, custody, or finality of such funds.
Nebeus shall not be held liable for any operational failures, delays, or disruptions caused by the services or infrastructure of Fiat Republic, including but not limited to unavailability of the account, rejected transactions, maintenance periods, or errors in third-party systems.
Furthermore, Nebeus disclaims all liability arising from misuse of access credentials, fraudulent transactions initiated under a valid Power of Attorney, or regulatory actions affecting the availability of the Linked Business service. The Client assumes full responsibility for monitoring the activity on their account and reporting any irregularities without undue delay.
Use of the Linked Business service is provided “as is” and at the Client’s own risk. To the extent permitted by applicable law, Nebeus excludes any implied warranties, representations, or guarantees not expressly stated in these Terms.
19. Data Processing and Confidentiality
In the course of delivering the Linked Business service, Nebeus may collect, store, and process data related to the Client’s identity, transactions, and business operations. Such processing is strictly limited to purposes necessary for service provision, compliance with applicable laws, and internal risk controls.
All Client data will be handled in accordance with the Nebeus Privacy Policy and applicable data protection laws, including GDPR.
Nebeus undertakes to maintain the confidentiality of Client information and shall not disclose it to third parties, except where required by law, authorised by the Client, or necessary for the proper performance of its obligations under these Terms.
20. Complaints and Dispute Resolution
If you experience an error, technical issue, or concern related to the Linked Business service, you must notify Nebeus without delay via the official support channels listed on the Platform. When submitting a complaint, you must identify yourself using the registered business account credentials and provide a clear description of the issue, including relevant dates, account identifiers, and supporting documentation.
Nebeus will acknowledge receipt of your complaint within ten (10) business days and will aim to provide a resolution within thirty (30) business days. If further investigation is required, you will be notified of any delays and provided with an updated timeline.
If you are not satisfied with the outcome, the matter may be escalated internally to Nebeus’ Compliance or Legal department for final review. All complaints and their resolution process will be documented and retained in accordance with applicable regulatory requirements.
Nothing in this clause limits your right to pursue remedies under applicable law. However, Nebeus encourages Clients to seek amicable resolution before initiating formal legal proceedings.
21. Amendments and Communication
Nebeus reserves the right to amend these Terms at any time in order to reflect changes in legal, regulatory, operational, or technical requirements. Material changes will be communicated through the Platform and, where applicable, by email. Unless otherwise required by law, amendments will enter into force no earlier than fourteen (14) calendar days after notification.
Your continued use of the Linked Business service after the effective date of any changes shall constitute your acceptance of the updated Terms. If you do not agree with the modifications, you must discontinue the use of the service and initiate account termination prior to the effective date.
All communications, including service notices, regulatory disclosures, or contractual updates, will be sent to the email address linked to your Nebeus business account or delivered through the Platform interface. It is your responsibility to ensure that your contact information is current and accurate.
These Terms are provided in both English and Spanish. In the event of a discrepancy, the Spanish version shall prevail where required by law.
22. Miscellaneous
(i) Entire Agreement: These Terms, together with the Nebeus General Terms of Use and the Power of Attorney executed by the Client, constitute the entire agreement governing the use of the Linked Business service and supersede any prior understanding between the parties.
(ii) Assignment: The Client may not assign or transfer its rights or obligations under these Terms without the prior written consent of Nebeus. Nebeus may delegate responsibilities or assign rights to any affiliate or authorised service provider involved in the provision of this service, provided such delegation does not materially affect the Client’s rights.
(iii) Severability: If any clause of these Terms is found to be invalid or unenforceable under applicable law, the remaining provisions shall remain in full force and effect. Any unenforceable clause shall be interpreted, where possible, to reflect the original intent of the parties.
(iv) Waiver: Any failure by Nebeus to enforce a right or provision under these Terms shall not constitute a waiver of that or any other right unless expressly stated in writing.
(v) Legal Compliance: Nothing in these Terms shall limit Nebeus’ right to comply with applicable laws, regulatory obligations, or enforceable requests from competent authorities. The Linked Business service is subject to Spanish and European financial regulations, including but not limited to AML/CFT obligations.
(vi) Force Majeure: Neither Nebeus nor the Client shall be liable for any failure or delay in performing their obligations under these Terms if such failure or delay arises from an event of force majeure. Force majeure shall include, but is not limited to, natural disasters, fire, flood, war, acts of terrorism, pandemic outbreaks, civil unrest, acts of government or regulatory bodies, embargoes, internet outages, or failures of telecommunications or banking systems. Obligations affected by a force majeure event shall be suspended for the duration of the event, provided that the affected party takes reasonable steps to mitigate its impact and promptly notifies the other party of the event’s occurrence. If the force majeure event continues for more than sixty (60) calendar days, either party may terminate the Linked Business Account service by written notice.
23. Governing Law and Jurisdiction
These Terms and any non-contractual obligations arising out of or in connection with the Linked Business Accounts shall be governed by and construed in accordance with the laws of Spain. Any dispute, controversy, or claim arising out of or relating to the interpretation, validity, performance, or termination of these Terms shall be submitted to the exclusive jurisdiction of the courts of Barcelona, Spain.
The Client expressly agrees to waive any other jurisdiction that may correspond under applicable international private law principles and undertakes not to initiate legal proceedings in any forum other than those expressly agreed herein.