Terms &
Conditions

1. Scope

These Terms and Conditions apply to all business relationships between CIT Coin Invest AG, Rietstrasse 7, 9496 Balzers, Liechtenstein ("CIT" or "we") and its customers. Deviating conditions require the express written consent of CIT.

2. Offer and order

Our offers as well as order confirmations are non-binding with regard to price and delivery times. We state our delivery dates according to our best judgement. Any failure to meet delivery dates shall not entitle the customer to withdraw from the contract or to assert claims for compensation or other claims.

Orders from the customer must be placed in writing. The customer will receive a confirmation to his order.

3. Prices and delivery

Our prices are updated daily and are net value (EXW), excluding value added tax / sales tax. The prices offered are in Swiss francs (CHF), unless otherwise stated.

Delivery is EXW Liechtenstein to the delivery address specified by the customer. Any duties and charges incurred in the country of the recipient of the service are to be borne by the customer.

Partial deliveries are possible and may be invoiced separately to the customer.

4. Payment terms

The invoice shall be paid by the due date indicated on the invoice form via bank transfer. The customer may raise objections to the invoice in writing and with reasons up to the due date. The due date remains unaffected. Any bank charges or exchange rate differences in the case of foreign bank transfers shall be borne by the customer.

In the event that payment deadlines are not met, we reserve the right to charge interest on arrears after 10 days. The amount of the default interest may be adjusted to the international interest rate. In general, CIT is entitled to adjust the terms of payment if they are repeatedly not met.

For exclusive customer projects, the precious metal has to be paid in advance (when the order is placed). Payment must be made within 24 hours of the invoice date. Any advance payment made will be deducted from the final invoice.

5. Retention of title

Goods sold shall remain the unrestricted property of CIT after handover to the client until the purchase price has been paid in full.

6. Warranty and liability

We guarantee the quality and authenticity of our performance.

CIT only delivers faultless and tested products. Unless expressly agreed otherwise, benefit and risk shall pass to the customer upon dispatch of the goods from the sender.

We shall not be liable for any damage unless such damage is due to a deliberate or grossly negligent breach of duty attributable to us. However, this limitation of liability shall not apply to damage from an injury to life, limb, or health.

We reserve the right to exchange goods complained about or to credit the value invoiced. Any crediting will happen after the returned goods have been received and examined. We are not be obliged to pay compensation for lost profit. Liability is excluded for any defects caused by incorrect storage, delivery or handling.

The goods must be inspected immediately upon receipt. Any defects must be reported to us in writing with photos within 2 days of receipt. Exchange is only possible in the case of wrong delivery or production faults. In the case of justified defects, CIT has the right to repair or replace the goods. The customer may not remedy the defect himself. Within the scope of subsequent performance, we are entitled to make a number of subsequent deliveries that is reasonable for our customer.

7. Data protection

Customer data will be treated confidentially and not be passed on to third parties.

8. Final provisions

Amendments or supplements to the General Terms and Conditions must be made in writing. Should a provision be invalid, the validity of the remaining provisions shall remain unaffected.

Liechtenstein law shall apply - the place of jurisdiction and performance shall be 9490 Vaduz, Liechtenstein. The parties shall endeavour to settle any disputes arising from the performance of this contract amicably.