Terms of Service

Terms and Conditions

Please read these terms carefully before using BankVert's services. Last updated: March 2025

1. Service Overview

BankVert provides an AI-powered service that converts bank statements into structured data formats. By using our service, you agree to these terms and our data handling practices.

1.1 Service Description

Our service processes bank statements and financial documents to extract and structure financial data. We support various input formats including PDF, JPG, and PNG files.

1.2 Credit System

Our service operates on a credit-based system. One credit is consumed per page processed. Credits must be purchased in advance and do not expire.

2. User Responsibilities

2.1 Account Security

You are responsible for maintaining the security of your account credentials and for all activities that occur under your account.

2.2 Acceptable Use

You agree to use the service only for lawful purposes and in accordance with these terms. You must have the legal right to process any documents you submit.

3. Data Processing

3.1 Data Handling

We process your documents using secure, encrypted connections. Documents are processed in real-time and are not permanently stored on our servers.

3.2 Data Privacy

We adhere to strict data privacy standards. Your financial data is processed securely and is never shared with third parties.

4. Service Limitations

4.1 Availability

While we strive for 100% service availability, we cannot guarantee uninterrupted access. Maintenance and updates may occasionally affect service availability.

4.2 Accuracy

Our AI-powered conversion system strives for high accuracy, but you should verify all extracted data for critical applications.

5. Changes to Terms

We reserve the right to modify these terms at any time. Continued use of the service after changes constitutes acceptance of the new terms.

5.1 Notification

We will notify users of significant changes to these terms via email or through our service interface.