Terms & conditions.

Terms and conditions of use for Riverpass.com
Last Edited 8/19/20

Welcome to RIVERPASS.com. RIVERPASS is the only source of investment grade 'TIME EXCHANGE'  fractional silver bullion rounds. By using this website, you agree to the following conditions.

Privacy Policy

Your privacy is important to us. Please review our privacy policy. Your use of this website constitutes acceptance of our privacy policy.

Electronic Communications

By using this website, you are communicating with us electronically and consent to receive communications from us electronically. You agree that all electronic communications including notices, disclosures, and cancellation policies that we provide to you electronically shall satisfy any legal requirements that such communications be in writing.

Copyright

All content and products presented on RIVERPASS.com including but not limited too, graphics, logos, images, audio, video, and slogans are the exclusive property of RIVERPASS or its affiliates and protected by international copyright laws.

Your Account

It is your responsibility to maintain the confidentiality of your account including username, password, and for restricting access to any computer you use to access your account or complete a transaction. By using our site, you agree to accept full responsibility for any activity which occurs on your account.

User Reviews/ Member Chat

All members and guests who comment in RIVERPASS Members Chat will refrain from profane or reprobate comments. Violation will subject the violator to account deletion.

However, Forum comments are the opinion of others and are not the opinion of RIVERPASS. RIVERPASS accepts no responsibility for the opinions of other users. Furthermore, User Generated Content may be published. Reviews can also be visible in public areas at Riverpass.com to all visitors. You knowingly acknowledge RIVERPASS does not guarantee confidentiality with respect to any User Generated Content submitted through Riverpass.com or affiliated third parties that Riverpass.com may use to collect said User Generated Content.

Disputes

  • Any dispute or claim in any way to your use of Riverpass.com or to any products you purchase from Riverpass.com will be resolved by binding arbitration, rather than court, except that you may assert claims in small claims court if your claim would qualify. You agree that the Federal Arbitration Act and the laws of the state of Oregon, without regard to principles of conflict of laws will govern these terms terms and conditions of use.

  • Any credit card chargeback will be subject to a minimum $50 processing fee. Processing fee will be charged to the credit card used to place the order.

  • Any bounced check payment will be subject to a minimum $30 processing fee. Processing fee may be charged to the credit card used to place the order or added to the user's account balance at RIVERPASS's discretion.

Terms of Purchase

  1. When an order is confirmed, prices become locked-in and the order becomes a contractually binding agreement between the “buyer” and RIVERPASS. By placing an order through the RIVERPASS website or via telephone and agreeing to our terms and conditions, the customer enters into a contractually binding agreement with RIVERPASS. The “buyer” agrees to send RIVERPASS payment as contractually specified within 3 business days for orders placed via bank wire payment, within 7 business days for orders placed via check, cashier's check or money order payment, 2 business days for Credit card. Submitting an order through the website, or by phone requires the “buyer” to agree to our full terms of use including RIVERPASS's order cancellation policy.

RIVERPASS reserves the right in its sole discretion to allow the dissolution of the contractually binding agreement between the "buyer" and RIVERPASS by cancellation of your outstanding order. Order cancellations will incur any operational, hedging and/or market loss fees. Any cancellation requests must be filed via telephone during normal business hours. RIVERPASS will evaluate any request to cancel an order on a case-by-case basis.

Cancellation fees are calculated as 5% of the order total or $35, whichever is greater.  The balance due to RIVERPASS is to be paid within (10) business days. If we do not receive payment within this timeframe, RIVERPASS reserves the right to send customer accounts to "collections" to retrieve cancellation fees. Any cost of collections activities to RIVERPASS will be added to the balance due. Should the order enter legal proceedings, the amount owed would increase by 50% and all attorney fees incurred by RIVERPASS would be the responsibility of the customer. Any market gains as a result of a cancelled order will remain the property of RIVERPASS.

Any order that remains unpaid outside of payment terms as described in RIVERPASS Payment Policies is eligible for cancellation.

RIVERPASS reserves the right to decline, refuse or cancel any order with or without reason, regardless of payment method, or order confirmation. RIVERPASS also reserves the right to cancel any order deemed questionable, suspicious, too significant of risk, incorrect in confirmed price, or if payment has not been received within a specified time frame.

  1. RIVERPASS’s price quotes include any applicable taxes. The customer is solely responsible for any applicable taxes or duties that may be applicable to a transaction with RIVERPASS.

  2. Due to continually changing market prices for precious metals, the offers made by RIVERPASS are only valid for a 3 minute duration. A spot price calculation is determined by RIVERPASS upon its sole and absolute discretion.

  3. RIVERPASS prides itself in providing the most up-to-date pricing for you and our staff. Occasionally, we do make mistakes and there may be a typographical or pricing error. Under these rare circumstances, RIVERPASS retains the right to cancel or refund an order. If a typographical, mathematical or other error is made in the calculation of a transaction, customer agrees to take all steps requested by RIVERPASS to rectify the error. Customer further agrees to hold RIVERPASS harmless from all damages or liability arising from such error.

  4. Customer must notify RIVERPASS in writing within 7 business days after receipt of material of any discrepancy, claim, or dispute arising from a transaction. If no notification is received within 7 business days, customer agrees it is forever barred from bringing a claim for loss, damage, or other relief relating to such controversy, claim, or dispute.

  5. The information provided on any website owned or operated by RIVERPASS is for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. The client should contact a licensed professional for such advice. The information provided by websites of RIVERPASS are provided on an "as is" basis without any warranty of any kind, whether express or implied and the use of this service and the RIVERPASS's websites is entirely at client’s own risk. In no event will RIVERPASS be held liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of information contained on our websites or any publication.

  6. Force Majeure: RIVERPASS shall not be liable to the other party for any failure to perform any obligation under any Agreement which is due to an event beyond the control of RIVERPASS including but not limited to any Act of God, terrorism, war, Political insurgence, insurrection, riot, civil unrest, act of civil or military authority, uprising, earthquake, flood or any other natural or man made eventuality outside of our control, which causes the termination of an agreement or contract entered into, nor which could have been reasonably foreseen. RIVERPASS shall forthwith inform the other Party and shall use all reasonable endeavors to comply with the terms and conditions of any Agreement contained herein.

  7. Free Shipping: Any free shipping offered on our website will not be applicable for any freight orders which would include, but not limited to bulk products by the ton.

  8. RIVERPASS reserves the right to combine any orders placed on the website shipping to the same address.

  9. Bitcoin: Is not an accepted form of payment on Riverpass.com at this time

  10. Larger Order Policy - A large order is defined as and order equal to or greater than $5,000 USD. If you are looking to place an order of this size, please call and speak to a trader before placing the order. At RIVERPASS's discretion, we may require a 10% - 50% deposit via bank wire transfer before locking in the listed price of a large order. Also, larger orders may only be placed via the phone during our business hours.

  11. Guest Checkout - please note that if you checkout as a guest on our website (ie: you do not log in to your account before placing the order), the order you checked out with as a guest will NOT show up under your customer account.

  12. International Shipping is not available at this time.

Terms of Sale

The following terms will apply to any metal RIVERPASS purchases from suppliers and customers.

  1. When a buyback order is confirmed, prices become locked-in and the order becomes a contractually binding agreement between the “seller” and RIVERPASS. By placing an order either online or via telephone and agreeing to our terms and conditions, the customer enters into a contractually binding agreement with RIVERPASS, and agrees to send RIVERPASS products as contractually specified.

All cancelled buyback orders are subject to a 5% cancellation fee plus any market loss RIVERPASS may or does incur by accepting the purchase order to buy from you. The market loss value is determined by the difference in market price from when the buyback is submitted with RIVERPASS and the time that the buyback is cancelled.  The total market loss value and administration fee due to RIVERPASS is invoiced and due to RIVERPASS within (10) business days. If we do not receive payment within this time-frame, RIVERPASS reserves the right to send customer accounts to "collections" to retrieve cancellation fees. Should the order enter legal proceedings, the amount owed would increase by 50% and all attorney fees incurred by RIVERPASS would be the responsibility of the customer. Any market gains as a result of a cancelled order will remain the property of RIVERPASS. It is at the sole discretion that you may not be permitted to to buy from or sell to RIVERPASS in the future due to cancelled buyback orders.

RIVERPASS reserves the right to cancel any buyback order after 14 business days of non-receipt of the metals the supplier/customer agreed to sell. Cancellation penalty will be applied to a credit card on file previously used to secure a buyback order or regular order either online or via telephone. RIVERPASS reserves the right to charge any valid credit card on file for applicable market loss and cancellation fees. Any market gains as a result of a cancelled order will remain the property of RIVERPASS.

Cancellation requests must be filed via telephone during normal business hours. RIVERPASS will evaluate any request to cancel an order on a case-by-case basis and only under rare, extraordinary circumstances will a cancellation be approved.

  1. The supplier/customer agrees to insure the products they send to RIVERPASS. Insurance should include, but not limited to, loss of product or damage in transit.

  2. The supplier/customer is solely responsible for any applicable taxes or duties that may be applicable on a transaction with RIVERPASS.

  3. RIVERPASS prides itself in providing the most-up-to date pricing for you and our staff. Occasionally, we do make mistakes and there may be a typographical or pricing errors. Under these rare circumstances, RIVERPASS retains the right to cancel an order at our sole discretion for any reason.

  4. Certification of AML Program

The United States has passed The USA Patriot of 2001 to deter and detect money laundering and the financing of terrorism. All precious metal dealers and pawn shops doing business in the United state that both buy and sell more than $50,000.00 in qualifying metals, stones, and/or jewels per year are required to have a written AML program. By selling metals to RIVERPASS, you agree to the following:

a. You have a written AML program that complies with the USA Patriot Act and the Bank Secrecy Act

b. You are exempt from coverage under the USA Patriot Act under the retail, industrial or other exemption specified in the Interim Final Rule for Dealers in Precious Metals, Stones, or Jewels 31 CFR 1027.100 or pursuant to an administrative exemption granted by the Financial Crimes Enforcement Network (FinCEN).

  1. Gold Supply Chain Policy Statement Acknowledgement: Customer agrees that any precious metals sold by customer to RIVERPASS did not originate from one of the countries defined by 17-CFR-240 and 249b “Covered Countries”.  Customer understands RIVERPASS will immediately terminate or suspend any company if we become aware of any upstream suppliers where we identify to be at a reasonable risk of sourcing from such countries.

Market and Investment Risk

The discussion forum provided by RIVERPASS. at Riverpass.com and the chat feature is for education and entertainment purposes only. It is not recommended for trading purposes or financial advice. Employees and contributing authors to RIVERPASS are not investment advisers and information obtained here should not be take as professional advice. The commentary on Riverpass.com reflects the opinions of the respective authors and not that of RIVERPASS. Your own due diligence is recommended before buying or selling any investments, securities or precious metals.

Giveaways/Sweepstakes

For any giveaway or sweepstakes hosted on Riverpass.com, you may enter each respective giveaway/sweepstakes by sending a 3"x5" note card with the following information listed on it: Name of Giveaway/Sweepstakes, Full Name, Phone Number, Valid Email Address. Please mail this information to the address below. Also, please note that all entry forms must be received by the end date noted on each giveaway/sweepstakes: 

RIVERPASS

PO Box 89

Rogue River, OR 97537

 

These terms of use are subject to change at anytime without notice.