Welcome to the website of the Banking Clearing Center Ltd. (hereinafter – “Masav”) on the Internet (hereinafter – “the Website”).
The Website provides information about the services offered by Masav to banks, participants in the debit/credit and payment transfer system, and their customers (hereinafter – “the Information”).
The content on the Website does not constitute an offer to enter into a contract or a representation for the purpose of engagement, and only the content of documents signed by Masav shall be binding.
These Terms of Use do not derogate from and do not replace any other agreement and/or arrangement and/or condition that exists or may exist between Masav and the user of the Website.
For full details regarding Masav’s services, please contact Masav representatives.
Use of the Website is subject to the terms detailed below. Users must read these terms carefully before using the Website, as use of the Website constitutes agreement to these terms.
Any use of masculine language in these terms also refers to the feminine.
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The Information
Masav makes great efforts to collect, process, and present the information accurately. However, errors may occur, and the user acknowledges this and waives any claims or demands in this regard.
The Website may contain links to other websites on the Internet (hereinafter – “Linked Sites”). These links are provided solely for the user’s convenience. Masav is not and will not be responsible for the content, information, or anything else on the Linked Sites.
The presence of links on Masav’s Website should not be interpreted as approval, recommendation, or preference by Masav for those sites, their content, or their operators.
Masav may, at its sole discretion, remove any or all links from the Website at any time and is under no obligation to add new links.
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Use of the Payment Website
In addition to the above, the Website allows access to Masav’s payment site. Access and use of the payment site require registration and the use of electronic identification (mini-token). These Terms of Use also apply to the use of the payment site and the information collected through it.
Masav is not responsible for the exposure or misuse of your identification means due to lack of confidentiality, sharing with third parties, or failure to update passwords regularly.
The payment site uses cookies for its proper operation.
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Intellectual Property
All rights, including intellectual property rights, such as copyrights in the Website’s design, software, applications, code, graphics, text, and all other materials, are and shall remain the property of Masav.
No part of the Website may be copied, modified, published, transmitted, sold, distributed, or used commercially or otherwise, except for personal informational use in accordance with these Terms of Use.
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Privacy Policy
The Website includes online forms where users may be asked to provide personal identifying information, including name, phone number, and email address.
This information, along with data collected about user activity on the Website, will be stored in Masav’s legally registered database (No. 544791).
Providing this information is not legally required and is voluntary, but Masav may not be able to provide services without it.
The information is collected for the purpose of providing debit and credit services and related services, including:
• Providing services via the Website or otherwise
• Contacting the user
• Website maintenance and user activity monitoring
• Statistical analysis
• Fulfilling the agreement between Masav and the customer
Masav will not share your personal information with third parties, except in the following cases:
• To enforce the Terms of Use or in case of illegal activity
• If required by court order or legal obligation
• In legal disputes between you and Masav
• If Masav merges or reorganizes its operations, the information may be transferred to the new entity, provided it adheres to this privacy policy
• For statistical analysis, provided the data does not personally identify you
• To third-party service providers for operations, maintenance, or storage, under confidentiality and data protection obligations
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Right to Review Information
According to the Privacy Protection Law, 1981, individuals may review information held about them and request corrections or deletion. If denied, they may appeal to the Magistrate’s Court.
The Website uses cookies to operate and collect statistical data to improve service. Cookies are text files created by the Website and stored on your computer.
You can disable cookies via your browser settings, but doing so may limit your access to some services. You can also delete cookies at any time.
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Information Security
Masav implements advanced security measures to protect information. Unauthorized access to Masav’s systems is a criminal offense.
However, like any digital system, absolute protection cannot be guaranteed. If a third party gains access despite security measures, Masav shall not be liable.
You agree not to attempt unauthorized access, scan for vulnerabilities, or breach security systems.
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Information, Services, and Changes
The information and services on the Website are provided “as is” and may not suit every user.
Masav may discontinue or change the Website, its structure, content, or services at any time without notice.
Such changes may involve errors or disruptions due to the dynamic nature of the Internet and technology.
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Liability
Masav, its management, employees, and representatives shall not be liable for any damages resulting from use or reliance on the Website or linked sites, including service interruptions or changes.
Users waive any claims against Masav in this regard.
Internet use involves risks, and users are responsible for protecting their systems. Masav is not liable for any resulting damage.
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Governing Law and Jurisdiction
Use of the Website is governed by the laws of the State of Israel.
Exclusive jurisdiction lies with the competent court in the Tel Aviv district, unless Masav chooses to initiate proceedings elsewhere based on the user’s location or assets.
As stated, using the website constitutes your agreement to all the terms of use listed above.
