FX CREDIT MODULE TERMS

 Last Updated: 06/11/2025

These Credit Terms form a separate module to the Runa Platform Terms of Use (the “Platform Terms”), available at https://runa.io/terms-of-use-platform. Together they govern any credit line (“Credit Line”) or advance value (“Credit”) made available by Runa Network Limited (“Runa”, “we”, “us”, or “our”) to the buyer (“Buyer”, “you”). 

Capitalised terms not defined here have the meaning given in the Platform Terms.

1. Application of Credit Terms

• These Credit Terms apply whenever Runa extends a Credit Line to you for the purchase of Digital Assets through the Runa platform.
• In the event of any conflict between these Credit Terms and the Platform Terms, these Credit Terms will prevail for matters relating to the Credit Line.

2. Credit Facility

• Runa may, at its discretion, make available a specified amount of Credit Line (the “Credit Amount”) for a defined term of three (3) months (the “Credit Term”), unless otherwise agreed in writing or through the Platform.
• The Credit Line is provided solely for purchasing Digital Assets via the Company Platform.
• Runa may withdraw, reduce, or suspend the Credit Line at any time with two (2) Business Days’ notice, or immediately if we reasonably believe there is a risk of non-payment or breach.
• The Buyer acknowledges that while the Credit Line may be available for up to three (3) months (or such other time, as agreed between the Parties), any outstanding balance must be repaid to a zero balance at least once during the Credit Term and in any event within two (2) days of any drawdown unless otherwise agreed in writing by Runa.

3. Repayment and Settlement

• Any funds you pay to Runa will first be applied to repay any outstanding Credit Line balance before being added to your Buyer Float or used for new purchases. 
• Each drawdown under the Credit Line must be fully repaid within two (2) days, unless Runa agrees in writing to extend this period. All outstanding Credit must be repaid when demanded or at the end of the Credit Term. 
• Runa may set off any Credit Line balance due against funds held in your Buyer Float or any other amounts payable to you.
• If any Credit remains unpaid after demand, Runa may charge interest at three percent (3%) above the HSBC Bank plc base rate, accruing daily until repayment in full.
• Credit must be repaid in the same currency in which it was provided, without deduction or set-off.
• If payment is not received within the agreed timeframe, Runa reserves the right to suspend or terminate access to Digital Assets and withhold any balances or deposits until full repayment is made.
• The Buyer must provide evidence of repayment to Runa within twenty-four (24) hours of utilising any portion of the Credit Line. Such evidence shall include, but not limited to, bank statements, proof of payment, transaction confirmations and any other documentation reasonably acceptable to Runa demonstrating that the drawdown amount has been repaid in full. Failure to provide satisfactory evidence of repayment within this timeframe may result in immediate suspension of the Credit Line and acceleration of all outstanding amounts.

4. Requests and Approvals

• Requests for new or extended Credit Lines must be submitted through the Platform or by email to your account representative.
• Runa aims to respond to Credit requests within five (5) Business Days, but provision remains at Runa’s sole discretion.
• Runa may request up-to-date financial or business information at any time. Failure to provide such information within three (3) Business Days may result in suspension or withdrawal of the Credit Line.

5. Suspension and Termination

•  Runa may suspend access to the Credit Line or Digital Assets if:
  (a) any payment remains overdue by more than five (5) days;
  (b) you breach the Platform Terms or these Credit Terms; of
  (c) we reasonably determine that your financial position presents a material risk.
• If you become insolvent, enter liquidation, or are subject to any insolvency proceedings, all outstanding Credit Line amounts become immediately due and payable.

6. Disclaimers and Acknowledgements

• The Buyer acknowledges that this Credit Line is a commercial facility and does not constitute a regulated consumer credit agreement under applicable consumer credit laws.
• The Buyer confirms that it has taken independent legal, financial, or accounting advice (or has chosen not to do so) before accepting these terms.
• Runa provides no warranty or representation regarding the Buyer’s ability to use Credit for any particular purpose.
• Runa shall have no liability for any indirect, consequential, or economic losses arising from the granting, use, or withdrawal of the Credit Line.

7. Miscellaneous

• Runa may update these Credit Terms from time to time by posting the revised version on the Runa website. Continued use of the Credit Line constitutes acceptance of any updates.
• All other terms, including governing law and dispute resolution, are as set out in the Runa Platform Terms.

Version 1.0