Terms of Use

Welcome to the thinmargin.com website. We are Thin Margin Private Limited (collectively, "Thin Margin", "we", "us", "our"), a Singapore based financial technology company and we own and operate the thinmargin.com website, including all subpages (collectively referred to as the "Website"). We hold a Money-Changer's Licence under the Money-Changing and Remitance Businesses Act (Chapter 187) of Singapore to conduct regulated activities in the buying or selling of foreign currency notes. Thin Margin is regulated by the Monetary Authority of Singapore (MAS) under the FinTech Regulatory Sandbox and is licensed to purchase and sell foreign currencies, including delivery. Please click here if you wish to find out more about the MAS Regulatory Sandbox. Users of the service will not have access to the dispute resolution scheme managed by the Financial Industry Disputes Resolution Centre (FIDReC). Thin Margin offers this Website, including, without any limitation, web applications, mobile applications, and any related services including notifications, alerts, electronic communications, delivery of products and services, and any information, data, or any other content or materials appearing or otherwise made accessible on or through the services (collectively referred to as the “Services”) from this Website to our users and customers (“you”, “your”), conditioned upon your acceptance of all terms, conditions, policies, and notices stated herein.

Please read these terms and conditions carefully. This Terms of Use govern your use and access of the Website, and the provision of Services by us. This Terms of Use shall be read together with Thin Margin's Privacy Policy. By accessing or using the Website and any our Services, you are accepting the practices described in Thin Margin’s Terms of Use and Privacy Policy and are deemed to have understood and given your consent to the terms of this Terms of Use and Privacy Policy. If you do not agree to Thin Margin’s Terms of Use and Privacy Policy, please immediately discontinue your access and use of the Website and any of our Services. We reserve the right to make changes to this Terms of Use from time to time, and any changes will be posted on this page.

You may not obtain or attempt to obtain unauthorised access to password protected and/or secure areas of the Website and/or Thin Margin’s services, or to any other protected information, through any means not intentionally made available by Thin Margin for your specific use. A breach of this provision may be an offence under the Computer Misuse Act (Chapter 50A) of Singapore.


1. Eligibility

You represent and warrant that if you are registering for an account or for our Services as an individual, you are 18 years of age or older, and that you are fully capable and competent to enter into and to comply with this Terms of Use. Individuals under the age of 18 may access and view the Website but may not order Services. We may require at any time that you provide evidence of your age. If you are not a consumer, you confirm that you have authority to bind any business or corporation on whose behalf you use our Website our services, and that business or corporation accepts these terms.

If you are below 18 years of age, you must obtain consent from your parent(s) or legal guardian(s), their acceptance of these Terms of Use and their agreement to take responsibility for your actions, any changes associated with your use of any of our services, and your acceptance and compliance with these Terms of Use. If you do not have consent from your parent(s) or legal guardian(s), please immediately discontinue your use of our services.

You must also meet all customer due diligence requirements imposed by Thin Margin and all applicable laws.


​2. Products and Services

Thin Margin operates an online store through the Website which offers our Services. We may temporarily or permanently remove any of our Services from the Website at any time, with or without notice to you. The Website contains information about, amongst other things, Thin Margin and the product and/or services that we may offer currently and in the future.  As such, the information on the Website and/or provided by Thin Margin in any correspondences are provided for informational purposes only. The information on the Website and/or provided by Thin Margin should not be relied upon or used as the sole basis for making decisions without consulting other sources of information which may be primary and/or comparatively more complete and timely. Thin Margin shall not be responsible or liable for any decisions made in reliance on the information contained in the Website.

The Thin Margin Rate Alerts Service (the “Rate Alerts Service”) allows users of the Website to monitor interbank exchange rate movements and subscribe to notifications. In order to use the Rate Alerts Service, users have to first agree to Thin Margin’s Terms of Use and Privacy Policy. The information is obtained under the Singapore Open Data Licence. The information is not attributable to Thin Margin and Thin Margin does not make any warranty as to the accuracy, currentness, correctness, reliability, timeliness, fitness for any particular purpose of the material and information, or for any non-delivery. Any use or reliance on the information provided is entirely at your own risk, and Thin Margin shall not be liable for any damage or loss incurred by any person howsoever arising out. In particular, the information in the Rate Alerts Service should not be considered as a financial indication or advice of any sort.


​2.1 Orders

You agree that orders made by you are binding on you and cannot be cancelled after the submission of your order. Requests for refunds will not be met under any circumstances. The transaction will be processed and cannot be reversed. You agree that all orders shall be subjected to acceptance by Thin Margin at our discretion. Processing of payment by Thin Margin for an order shall not in itself constitute acceptance of the order by Thin Margin. If Thin Margin accepts your order, we will notify you of our acceptance by issuing a receipt by email not later than 7 p.m. on the same day of your order. All orders made by you shall be deemed to be an offer made by you to purchase the selected Services and quantities set out in your order upon the acceptance of these Terms of Use. Thin Margin shall be entitled to reject, terminate, cancel, or amend your order in whole or in part, for any reason whatsoever, even after an order is confirmed by, and paid for by you, with or without notice and we shall not be liable to any party for such termination or cancellation. Where an order is rejected, terminated, or cancelled by Thin Margin, any payment made by you for the order shall be refunded by Thin Margin. Thin Margin reserves the right to limit your order or the quantity of your order.

Thin Margin endeavours to provide you with accurate, up-to-date Services pricing and information. Errors will be corrected where discovered, and Thin Margin reserves the right to revoke any stated offer and to correct any errors, inaccuracies, or omissions, including after an order has been submitted and paid for by you, and whether or not the order has been confirmed by Thin Margin. If the actual price of our Services ordered by you is higher than that reflected on our Website, we will inform you and you will be given an option to confirm or cancel your purchase of our Services based on the updated price. If you choose to confirm your purchase, you will have to make additional payment to reflect the updated price. If you choose to cancel your purchase, we will refund the payment made by you. If we are unable to contact you, we will treat your order in respect of the incorrectly priced Services as cancelled. 

Payment for all Services shall be made in Singapore dollars only. We accept payment for Services by local internet banking transfer to our designated bank account. If you fail to pay any fees or charges when due or if a redelivery fee is imposed, Thin Margin reserves the right to withhold the delivery of your ordered Services. You shall be responsible and liable for any fees, including attorneys' fees and collection costs that Thin Margin may incur in our efforts to collect any unpaid balances from you. Your right to use Thin Margin's Services is subject to limits established by Thin Margin. 


​2.2 Deliveries

Delivery timeslots are subject to availability. Thin Margin will endeavour to deliver to your delivery address within the delivery timeslot selected by you. However, we do not and cannot guarantee that the delivery timeslots will be met as there may be factors beyond our control which may result in early or delayed deliveries such as weather or traffic conditions. You agree that Thin Margin shall not be liable for any deliveries made outside the delivery timeslot. If your designated delivery address is inaccessible or you or the authorised party is not at the delivery address to receive the delivery, rendering us unable to complete the delivery, we will contact you to determine the best alternative address, date, and time. You agree that any changes to your delivery address, date, or time after the submission of your order may incur an administrative charge of S$10.00. 


3. Verification

You acknowledge and agree that we are required by law to carry out all necessary security and customer due diligence checks on you in order to provide our Services to you. You may need to provide additional information (in a format acceptable to us) so we can verify your identity as a condition of processing your requests, or otherwise providing our services to you. We may make, directly or through any third-party, any inquiries we consider necessary to validate information that you provide to us, including checking commercial databases or credit reports.


4. Prohibited Usage

You must not misuse this Website. You shall not commit or encourage a criminal offence, transmit or distribute a virus including but not limited to Trojan horse, worm, logic bomb or post any other material on the Website which is malicious, technologically harmful, in breach of confidence or in any way offensive or obscene; hack into any aspect of the Service; corrupt data; cause annoyance to other users; infringe upon the rights of any other person’s propriety rights; send any unsolicited advertising or promotional material; or attempt to affect the performance or functionality of any computer facilities of or accessed throughout the Website. You may not decompile, reverse engineer or otherwise attempt to discover the source code of the Website or our Services, except under the specific circumstances expressly permitted by law or by Thin Margin in writing. You may not hack into, interfere with, disrupt, disable, over-burden or otherwise impair the proper working of the Website, our Services, or our servers, which shall include but is not limited to denial-of-service attacks, spoof attacks, session hacking, sniffing, tampering, spamming, reverse engineering or reprogramming. You agree not to reproduce, display or otherwise provide access to the Website or our Services, which shall include but is not limited to framing, mirroring, linking, spidering, scraping or any other technological means (including any technology available in the future), without the prior written permission of Thin Margin. In the event such a breach occurs, Thin Margin will report the breach to the relevant law enforcement authorities and appropriate legal action will be taken.

All content on the Website, including, without limitation, trademarks, trade names, service marks, logos, designs, text, images, or links, are registered and unregistered property of Thin Margin or third-party licensors or content providers. Nothing on the Website should be construed as granting any licence or right to use any content without the written permission of Thin Margin or any other applicable content owner.  You agree not to reproduce, copy, modify, adapt, translate, publish, display, communicate, transmit, broadcast, distribute, sell, trade, exploit or use for any commercial or other purposes, any portion of, or any access to any of Thin Margin's Services and any part of the Website except to the extent permitted with the prior written consent of Thin Margin or unless permitted in these Terms of Use.


5. Third-party Links

The Website may contain hyperlinks to, or from other third-party websites. Thin Margin shall not be responsible or liable for the contents on any third-party websites that are linked to, linked or from the Website, and we do not, expressly or implicitly, make any representation, covenant or warranty regarding their content or accuracy. Links to or from third-party websites do not imply that we sponsor or endorse the contents of these websites. Any hyperlinking to the Website shall be subject to Thin Margin's prior written consent, which if given, shall be conditional upon the satisfaction of any conditions we may prescribe.


6. Linking to our Website

You may link to our Website, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it. You must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part where none exists. We reserve the right to withdraw linking permission without notice.


8. Indemnification

You agree to indemnify Thin Margin, our respective agents, third-party content providers or content providers harmless from and against any and all claims, expenses, actions, legal fees, liabilities, losses, proceedings, arising out of your use of the Website, in breach or alleged breach of this Terms of Use. 


9. Intellectual Property

The trade marks, service marks, trade names and logos used and displayed on the Website (collectively referred to as “Trade Marks”), are registered and unregistered Trade Marks of Thin Margin. Nothing on this Website should be construed as granting, by implication, estoppel or otherwise, any licence or right to use any displayed on the Website, without the written permission of Thin Margin or any other applicable trade mark owner. The name of Thin Margin may not be used in any way without the prior written permission of Thin Margin. ​

Aside from the content, trade marks owned by third parties, and the other names of companies, products, programmes, applications, systems (including messaging systems) and solutions may be mentioned or referred to on the Website. These marks are, and remain entirely, the trade marks of their respective owners or holders. Thin Margin does not represent itself as being connected, associated or affiliated in any way with the owners or licensees of those marks.


10. Termination

Thin Margin shall be entitled to suspend and/or terminate your access and/or use of the Website with or without notice and for any or no reason.


11. Access to the Website and Services

Thin Margin will endeavor to ensure our Services are available to you when you need them during operating hours. However, we do not guarantee that our Services will always be available or be uninterrupted. We may suspend, withdraw, discontinue or change all or any part of our services with or without notice. You acknowledge and agree that Thin Margin will not be liable to you if for any reason whatsoever our Services are unavailable at any time or for any period. We may also restrict access to some parts, or the entirety, of the Website to persons who have registered with us.

To access certain parts of the Website or our Services, you will be required to sign up for an account with Thin Margin. Please provide accurate, complete, and up-to-date information required for your account. You are solely responsbiel for safeguarding and maintaining the confidentiality of your account details. You agree not to share or permit anyone else to use your account. If you are provided with any piece of information as part of our security procedures, you must treat such information as confidential.

We reserve the right to disable any login or password, whether chosen by you or allocated by us, at any time, if we believe you have failed to comply with any of the provisions contained in these Terms of Use. As the Website visitor, you are responsible for making all the necessary arrangements for accessing the Website. You are also responsible for ensuring that all persons who access the Website through your internet connection are aware of, and comply with, these terms of use and other additional terms and conditions.


12. Privacy

Thin Margin respects your privacy and we are committed to protecting your privacy. To understand our privacy practices, please read our Privacy Policy here. Please do not submit any personal information or data without first reading our Privacy Policy.


13. Disclaimer

The information and materials on this Website are provided “as is” and “as available”. Thin Margin does not warrant and shall not be responsible or liable for the accuracy, adequacy, availability, usefulness, timeliness or completeness of the information or materials, or for any errors or omissions in the information or materials. Thin Margin does not warrant or represent that the Website and our services will meet your requirements, be of satisfactory quality, be fit for a particular purpose, not infringe the rights of third parties, or be compatible with all systems. For any statements or projections that may constitute forward-looking statements, such statements reflect our view as at the date the statements are made with respect to future events and are subject to risks and uncertainties. Actual outcomes and results may be significantly different from such views. We undertake no obligation to update or revise any forward-looking statements. 

No part of the Website and/or our services is intended to constitute advice (financial or otherwise), and the Website and/or our services should not be relied upon when making any decisions or taking any action of any kind. To the maximum extent permitted by law, we accept no liability for any direct or indirect loss or damage, foreseeable or otherwise, including any indirect, consequential, special or exemplary damages arising from your use of the Website and/or our services or any information contained in it, and you use the Website and/or our services) at your own risk.


14. Indemnification

You agree to fully indemnify Thin Margin and all of its directors, officers, agents, and employees, from and against all claims, costs (including reasonable legal costs), damages, expenses, liabilities, losses, or any special, incidental or consequential damages however rising, out of or in connection with our Website and/or services.


15. Contact Us

If you have any questions about this Terms of Use, you may contact us at legal@thinmargin.com. Thank you.


Terms & Conditions for Thin Margin Lucky Draw

1. The Thin Margin Lucky Draw ("Lucky Draw") is organised by Thin Margin Private Limited and is valid from 16th October 2017 to 20th January 2018, both dates inclusive.

2. The Lucky Draw is open to all registered and verified users with a minimum of 3 invitees that have also successfully registered and verified their email addresses, and are Singapore citizens and foreign citizens residing in Singapore. Participants under the age of thirteen (13) years old must seek parental and/or guardian consent before participating in the Lucky Draw.

3. The invitees must be email accounts belonging to genuine users other than the participant. Thin Margin reserves the rights to disqualify entries which we deem are inappropriate or doubtful, or entries that do not meet the Terms & Conditions of the Lucky Draw.

4. By participating in the Lucky Draw, participants agree to be bound by and to comply with the Terms & Conditions for the Lucky Draw and the Website, and Privacy Policy of Thin Margin.

5. Thin Margin will be giving out S$100 worth of CapitaVouchers from Capitaland to 1 lucky winner.

6. The winner will be notified through their registered and verified email.

7. The winner will be required to submit the necessary proof of identity as required by Thin Margin (e.g. NRIC number).

8. Representatives of Thin Margin will pick the Lucky Draw winner from eligible entries. No correspondence will be entertained about Thin Margin's decision.

9. Thin Margin reserves the rights to deal with all unclaimed prizes in any manner deemed fit.

10. Thin Margin reserves the rights to amend these terms and conditions, to withdraw, suspend, or cancel the Lucky Draw, or vary the Lucky Draw prize with or without notice to users and participants at any time for any reason whatsoever.

11. By participating in the Lucky Draw, each participant agrees and grants Thin Margin the right to publish the results of the Lucky Draw, and disclose their information (including name) on the Website.