By creating an account or using the Canary Financial platform (the "Services"), you agree to these Terms of Service. If you are using the Services on behalf of a business, you represent that you are authorized to bind that business to these terms.
The Services are offered to U.S. businesses and their authorized representatives. You must be at least 18, provide accurate information, and complete identity and business verification (KYC/KYB) where required. We may decline, suspend, or close accounts at our discretion or as required by our financial partners or by law.
Banking services — including business checking and savings accounts, ACH and wire transfers, and debit cards — are provided through our infrastructure partner, Stripe, and its partner bank(s). Canary Financial is a technology platform and is not a bank. Funds are held at the partner bank, and those accounts are subject to the partner bank's and Stripe's applicable agreements and disclosures, including the Banking & Treasury Disclosures.
To open a business account you must provide entity information (legal name, EIN, formation details, address), information about your authorized representative and control person, and beneficial-ownership information for individuals who own 25% or more of the entity, consistent with applicable Know-Your-Business (KYB) and anti-money-laundering requirements. You agree to keep this information current.
You agree not to use the Services for any unlawful, fraudulent, or prohibited activity, including any business category restricted by Stripe, the partner bank, or card-network rules. We may monitor for and act on prohibited activity.
Applicable fees, if any, are presented before you open an account or use a paid feature, and are summarized on our Products page. We will provide notice of changes as required.
You are responsible for safeguarding your credentials, for activity under your account, and for the accuracy of instructions you submit (including transfers and card transactions). Notify us promptly of any unauthorized use.
The Services are provided "as is" to the maximum extent permitted by law. To the extent permitted by law, our aggregate liability for any claim is limited to the total fees you paid us in the twelve (12) months preceding the claim, and we are not liable for indirect or consequential damages. Nothing in these terms limits liability that cannot be limited by law.
You may stop using the Services at any time. We may suspend or terminate access as described above; certain obligations and disclosures survive termination.
These terms are governed by the laws of the State of Maryland, without regard to its conflict-of-laws rules. You agree that any dispute not otherwise resolved will be brought in the state or federal courts located in Frederick County, Maryland, and you consent to their jurisdiction.
We may update these terms; material changes will be notified as required. Questions: support@canaryfinancial.com · Canary Financial Inc, 5100 Buckeystown Pike, Suite 250, Frederick, MD 21704.