Terms of Service

Last Updated: January 2025

PriAS GmbH

Legal Form: Wertpapierinstitut

Address: Kreuzburger Straße 1, 83703 Gmund a.Tegernsee, Deutschland

BaFin-ID: 10132101

Bak Nr.: 132101

1. General Terms

These Terms of Service ("Terms") govern your use of the services provided by PriAS GmbH ("we," "us," or "our"), a Wertpapierinstitut authorized and regulated by the German Federal Financial Supervisory Authority (BaFin).

2. Services Provided

We are authorized to provide the following financial services under German law:

Service Authorization Reference Valid Until
Factoring (§ 1 Abs. 1a Satz 2 Nr. 9 KWG) Finanzdienstleistungsinstitut, Leasing/Factoring Institut 01.08.2013

3. Client Responsibilities

As a client, you agree to:

  • Provide accurate and complete information for all account applications
  • Comply with all applicable laws and regulations
  • Review all transaction confirmations and account statements promptly
  • Maintain the confidentiality of your account credentials

4. Risk Disclosure

All investment services involve risks, including:

  • Potential loss of principal
  • Market volatility
  • Currency exchange risks
  • Liquidity risks

Past performance is not indicative of future results.

5. Fees and Commissions

Our fee structure includes:

  • Advisory fees based on assets under management
  • Transaction-based commissions
  • Custody fees where applicable

All fees will be disclosed in advance and detailed in your individual client agreement.

6. Complaints

If you have a complaint about our services:

  1. Please contact your relationship manager first
  2. If unresolved, you may submit a formal complaint to our Compliance Officer
  3. You have the right to escalate to BaFin if unsatisfied with our response

7. Limitation of Liability

We shall not be liable for:

  • Losses due to market conditions beyond our control
  • Consequential or indirect damages
  • Losses resulting from client-provided inaccurate information

Our liability is limited to cases of gross negligence or willful misconduct.

8. Governing Law

These Terms shall be governed by and construed in accordance with:

  • The laws of Germany
  • The German Securities Trading Act (WpHG)
  • The German Banking Act (KWG)
  • EU financial services regulations

9. Changes to Terms

We may modify these Terms with 30 days notice. Continued use of our services constitutes acceptance of the modified Terms.

10. Contact Information

PriAS GmbH
Kreuzburger Straße 1
90471 Nürnberg, Mittelfr
Deutschland
Email: [email protected]
Phone: +49-33-125421-66
BaFin-ID: 10132101