Obollo Microfinance Bank Nigeria Limited (“we”, “our”, “us”) provides financial services through our website, mobile application, and USSD platforms (collectively, “Platforms”). By accessing or using our Platforms, you agree to be bound by these Terms and Conditions (“Terms”). If you do not agree, please do not use our Platforms.
1. Acceptance of Terms
By using our Platforms, you acknowledge that you have read, understood, and agree to these Terms, our Privacy Policy, and any other policies referenced herein. We may update these Terms from time to time, and your continued use constitutes acceptance of such changes.
2. Eligibility
Users must be at least 18 years old to register via the mobile app.
The website can be accessed by users of any age, but minors should use it only under parental supervision.
By registering, you represent and warrant that you are legally eligible to enter into a binding agreement.
3. User Accounts
Users must provide accurate, current, and complete information during registration.
Users are responsible for maintaining the confidentiality of their account credentials, including passwords and PINs.
Unauthorized use of your account should be reported to us immediately via info@obollomfb.ng
4. Use of Services
Our Platforms are intended for lawful use only. Users may not use the Platforms to engage in fraudulent, illegal, or abusive activities.
Users must comply with all applicable Nigerian laws, including Anti-Money Laundering (AML) regulations and Central Bank of Nigeria (CBN) guidelines.
Transactional limits, fees, or other service conditions may apply and will be communicated to users.
5. Digital Transactions
All transactions conducted through the Platforms are subject to verification and confirmation.
We are not liable for delays or failures caused by technical issues, third-party service providers, or user errors.
Users are responsible for ensuring that all payment and account information provided is accurate.
6. Intellectual Property
All content on the Platforms, including logos, graphics, text, software, and designs, is the property of Obollo Microfinance Bank Nigeria Limited and is protected by intellectual property laws.
Users may not copy, reproduce, distribute, or create derivative works without prior written permission from the Bank.
7. User Conduct
By using the Platforms, you agree not to:
Attempt unauthorized access to any other user’s account or our systems
Upload or transmit viruses, malware, or harmful code
Engage in phishing, spamming, or other deceptive practices
Use the Platforms in a way that could damage, disable, or impair our services
8. Data Protection
Your personal information is governed by our Privacy Policy.
By using the Platforms, you consent to the collection, processing, and transfer of your personal data in accordance with Nigerian laws and regulations.
9. Third-Party Services
We may integrate third-party services to facilitate certain functions (e.g., payment processing, analytics).
We are not responsible for the policies or practices of third parties, and users should review any relevant third-party terms separately.
10. Limitation of Liability
To the maximum extent permitted by law, Obollo Microfinance Bank Nigeria Limited shall not be liable for any direct, indirect, incidental, or consequential damages arising from the use or inability to use the Platforms.
Users acknowledge and accept that digital transactions carry inherent risks, and the Bank does not guarantee uninterrupted service.
11. Termination of Access
We reserve the right to suspend or terminate access to our Platforms at any time, without notice, for violations of these Terms or any applicable law.
Users may close their accounts by contacting info@obollomfb.ng
, but certain legal obligations may require the Bank to retain records of transactions or personal data.
12. Governing Law
These Terms and your use of the Platforms are governed by the laws of the Federal Republic of Nigeria. Any disputes shall be subject to the exclusive jurisdiction of Nigerian courts.
13. Amendments
We may amend these Terms at any time by posting updates on our Platforms. Continued use constitutes acceptance of such changes. Users are encouraged to review these Terms periodically.
14. Contact Information
For any questions or concerns regarding these Terms, please contact:
Obollo Microfinance Bank Nigeria Limited
21 University Road, Obollo Afor, Undenu LGA, Enugu State, Nigeria
Email: info@obollomfb.ng