Refund Policy

Summary (TL;DR)
This section outlines a the "too long; didn't read" summary of our Privacy Policy. Its full version, with more detailed information on our privacy practices, appears below this summary.
This article outlines GROW420 OÜ refund policies based on type of exchange transactions performed
GROW420 OÜ guarantees to its User the right for refund, in case if such User is not satisfied with the quality of the provided Services. Furthermore, GROW420 OÜ declares that its User has the right to change his/her mind in case if the User’s Account was already funded and to request his/her Funds to be returned.
  • This Refund Policy concerns exclusively Transaction fees and Users’ Funds.
  • GROW420 OÜ undertakes to make its best effort to assist the Users in case of any disputes related to purchased crypto-currencies Refunds and Returns
The User who has paid for the GROW420 OÜ Services, i.e. paid a transaction fee or has funded his account may request a Refund or Return in accordance with the Eligibility Criteria as further set out herein.
Refund/Return will only be considered where the User fully complies with the Eligibility Criteria. Where the User fails to meet any of the Eligibility Criteria, GROW420 OÜ shall have the right, in its sole discretion, to decline the User’s request for a Refund/Return.
In order to apply for a Refund/Return, the User must request and complete a Refund Form/Return Form and send the respective form to the GROW420 OÜ support address – GROW420 OÜ
To prevent Prohibited Conduct all payments and information related to Refund/Return may be verified by GROW420 OÜ. In such case, GROW420 OÜ may request the User to provide certain documents, including, but not limited to, identification documents, copy of the User’s Payment Card and Invoice or/and any other prove of the fact that disputed payment was made. In case if the User fails to provide appropriate documents or information within three (3) days upon the GROW420 OÜ request or in case of any doubts as to authenticity of provided documents, GROW420 OÜ shall be entitled to decline the User’s Refund/Return request.
GROW420 OÜ shall process the User’s Refund Form/Return Form as soon as is reasonably practicable. Response times will vary depending on stated reasons for the request. In any case, GROW420 OÜ shall notify the User on the outcome of the request in accordance with the timescales set out herein.
Refund/Return request will only be approved or declined after meticulous verification made by GROW420 OÜ.
NOTE: Submission of Refund Form/Return Form does not guarantee that the User’s request will be satisfied.
Refunds are not possible for all transactions where customer is purchasing Crypto currency. However, in case customer changed his mind and would like to return purchased Crypto Currency GROW420 OÜ would be able to buy it back based on current market rate minus the service fee for the transaction. In other words, customer can exchange purchased Crypto currency for any existing Digital Currency (QIWI, WebMoney) or Payment Method (i.e. Credit Card payment or Bank Transfer).
The reason for such policy is the fact that price of Crypto currency changes constantly thus the value of purchased Crypto currency on the moment of refund will be different.
GROW420 OÜ expects the User to contact it using GROW420 OÜ contact details to resolve any problem or issue related to his/her payments, before the User makes any Chargeback request. This Section does not affect any rights and/or claims, which the User may have against the bank/financial institution.
GROW420 OÜ will investigate any Chargeback requests made by the User and in response will inform the User’s Issuing Bank whether any Service or Transaction has been cancelled.
GROW420 OÜ reserves the right to suspend User's account and lock User's Funds during the chargeback investigation procedure.
Any charges, which arise upon processing Refund/Return, shall be borne solely by the User. Such charges will be deducted from the final amount of Refund/Return. This Refund Policy will be amended from time to time if there is any change in the legislation. Terms and conditions of the Refund Policy are subject to change by GROW420 OÜ and in the case of any amendments, GROW420 OÜ will make an appropriate announcement. The changes will apply after GROW420 OÜ has given notice. In case the Client has provided incorrect card holder data when making payment, commission fees, which arise in processing Returns/Refunds of funds, are fully paid by the Client.
Commissions for Returns/Refunds:
  • Bank card: 7%
  • Company's commission: 7%
  • Bank commission: 0%
  • Company's commission: 7%
Due to the fact that the crypto currency rate is changing very dynamically, the difference between crypto currency rate at purchase moment and at refund moment is paid by Client. In case if the User does not wish to accept the revised Refund Policy, he/she should not continue to use GROW420 OÜ Services. If the User continues to use the Services after the date on which the change comes into effect, his/her use of the Services to be bound by the new Refund Policy