Terms of Use for the use of API

  1. These terms of use ("Terms") apply to and regulate your use of APIs, API Data and API Store (all defined below) provided by Standard Chartered Bank ("the Bank" or "we" or "Standard Chartered"). By undergoing the registration process to use the API Store, or using the Standard Chartered API service, you accept and agree to these Terms. If you do not accept these Terms, please stop accessing or using the abovementioned API services.
  2. To access and use the Bank’s online portal ("API Store") that provides access to selected application program interfaces ("APIs"), you must first register for such access and use. We may reject or accept your registration at our sole discretion.
  3. If you are an individual under the age of 18, you must obtain consent from your legal guardian(s) to access the API Store. Your guardian(s) must consent to taking responsibility for all your actions when accessing the API Store or using an API including (but not limited to) any breaches of any policies, the Terms, laws and regulations.
  4. As an individual, if you are using the API Store or API on behalf of an organisation, you represent and warrant that you have the required authority to bind that organisation to these Terms. In this case, references in these Terms to 'you' are references to you as an individual AND to that organisation.
  5. Use of our APIs is limited to a maximum of 1000 requests per minute and you undertake that any of your software applications you have developed or have the right to use that integrate any API ("Applications") are not expected to make more than 1000 requests a minute to an API. If you would like to use any API beyond these limits, you must obtain our express consent and can request this by contacting us via the Contact Us link.
  6. You will ensure that all information you provide to the Bank is complete, accurate, up-to-date, true and not misleading in any way whatsoever.
  7. At any time and at our discretion, we may impose conditions on any use of the API Store and/ or reject your application and/ or remove your access at our sole discretion, without giving you any reasons.
  8. You must keep any username and password that we issue to you secure, only use it for the organisation on whose behalf you agreed to these Terms (if applicable) or only use it yourself, and must not disclose or transfer these details to, or otherwise allow these details to be used by, anyone else.
  9. You must not access or use our APIs and the data provided through APIs ("API Data") in any manner or for any purpose which has not been expressly approved by us in writing. For the avoidance of doubt you shall not:
    1. Sublicense an API for use by a third party;
    2. Perform an action with the intent of introducing any viruses, worms, defects, Trojan horses, malware, or any items of a destructive nature;
    3. Defame, abuse, harass, stalk, or threaten others;
    4. Interfere with or disrupt the APIs or the servers or networks providing the APIs;
    5. Reverse engineer or attempt to extract the source code from any API or any related software, except to the extent that this restriction is expressly prohibited by applicable law; or
    6. Use the APIs for any activities where the use or failure of the APIs could lead to death, personal injury, or environmental damage (such as the operation of nuclear facilities, air traffic control, or life support systems).
  10. We may at any time change any or all of our APIs, and/or any API Data, without incurring any liability to you. For the avoidance of doubt, the Bank is not obliged to make any modifications, including without limitation any updates and/or upgrades and is not responsible for any errors or delays in the APIs, the API Store or the API Data. You acknowledge and agree that you will solely be responsible for any damages that arise from your use of the APIs, the API Store and API Data.
  11. If the Bank grants access to you for the use of an API and any API Data, access is granted on the basis of the Terms and for a personal, limited, non-exclusive, non-transferable and revocable (i.e. you are not permitted to licence, sublicense or resell any API or API Data) licence to the API and API Data.
  12. You acknowledge and agree to the Bank monitoring your access and use of the API Store, APIs and API Data. You agree to assist us in verifying your compliance with these Terms by providing access and use of your Applications to us on request, and other materials related to your use of the APIs or API Data.
  13. If an API contains software or code subject to Open-Source Licences, you shall use such an API in accordance with the terms of the applicable Open-Source Licences.
  14. You hereby warrant and undertake to us that you shall ensure that the Applications (whether using the APIs or not) are not mistaken or misrepresented as being the Bank’s products or services. You agree that the Applications shall at all times be made available or provided as your applications and you shall not act in a way or permit anything, which implies that the Bank is in any way endorsing your Application. You must not promote or use your Application or any API Data or any goods and services associated with your Application or any API Data which implies or suggests that they are endorsed by or in any way affiliated with the Bank, or any of our related companies without the Bank’s written permission.
  15. You hereby warrant and undertake to us that you shall make it explicit to your customers that the collection of personal data is neither carried out by the Bank nor directly related to the Bank’s business, products or services. You shall comply with the applicable laws and guidance on the protection of personal data and make it clear to your customers the associated risk and liability of your Application and services when collecting data from your customers.
  16. We will not be liable for any information of yours, in any form, that is submitted on the API Store ("Your Material"), including in relation to any loss, corruption or deletion of Your Material (including back-ups) whether arising as a consequence of our acts or omissions or otherwise. You shall grant us a non-exclusive, world-wide, royalty-free, irrevocable licence to use, copy, publish, host and transmit Your Materials in connection with the provision of the API Store and/or APIs to you.
  17. You hereby warrant and undertake to us that you shall not upload any material which contain viruses, malicious or harmful components that may interfere with the operation of the API Store and/ or the Bank’s (or third party’s) IT systems and/ or otherwise upload any material which is objectionable including, for example, unlawful, harassing, libellous, obscene or similar materials.
  18. You are responsible for all costs associated with your access or use of the API Store, the APIs, API Data and overall compliance with these Terms.
  19. The Bank owns all rights, title and interest (including any intellectual property rights) in and to the API Store (including any information on it, other than Your Materials), the APIs and API Data.
  20. You warrant and represent that you or your third party licensors will own all rights, title and interest (including any intellectual property rights) in and to Your Materials, and you grant to the Bank (and its related companies) a non-exclusive and royalty free licence to use and copy Your Material for the purposes of facilitating and administering your access to and use of the API Store, the APIs and any API Data. You represent and warrant that the use of the Application by its users, our use and any copying of Your Material, will not violate or infringe the rights (including intellectual property rights) of any third party.
  21. In the event that any enhancements, derivatives, changes, modifications, alterations or adaptations of or to the APIs or API Data in your Applications (collectively "Derivative Works"), are made, created, developed, or acquired by you, all rights, title and interest (including intellectual property rights), in and to such Derivative Works shall belong to the Bank. You shall take all steps necessary and all such actions to vest full ownership of such Derivative Works in the Bank.
  22. You consent to be involved in the Bank’s marketing and publicity activities concerning API. If you use an API that contains existing third party advertising, you consent to the use of such third party advertising in your Application.
  23. We may terminate your access to the API Store, the APIs and any API Data at any time.
  24. In the event of termination, the Bank may delete Your Material from the API Store and all rights (including licences) granted to you under these Terms shall immediately cease, and you shall cease access and use of the API Store, API Data and APIs.
  25. You must comply with all applicable law and regulations in your use of the API Store, the APIs and API Data.
  26. You may not assign or transfer your rights under these Terms, without the Bank’s written consent.
  27. If any part of these Terms are found by a court of Singapore to be illegal, invalid or unenforceable, they shall be severed from, and will not affect the legality, validity or enforceability of, the remainder of these Terms.