Refund Policy for Helix Finance

1. Introduction

This Refund Policy ("Policy") governs the circumstances under which Helix Finance ("we," "our," "us") will issue refunds to our customers. We are committed to transparency and fairness in all financial transactions. Please read this Policy carefully to understand your rights and obligations regarding refunds.

2. General Refund Policy

As a financial institution, Helix Finance processes various types of transactions. Refunds are handled differently depending on the nature of the transaction, the timing of the request, and applicable regulatory requirements.

General Rule: Refunds are issued only under specific conditions outlined in this Policy. Not all transactions are refundable.

3. Account Activation Fee Refund

3.1 What Is the Account Activation Fee?

When you open a new account with Helix Finance, a one-time Account Activation Fee of $500.00 is required. This fee is mandated to support regulatory and operational procedures, including:

• Customer identity verification (KYC compliance)

• Anti-money laundering and fraud-prevention checks

• Secure account provisioning and system authorization

• Regulatory reporting and record-keeping requirements

3.2 Refund Policy for Activation Fee

The Account Activation Fee is fully refundable.
Upon successful completion of the activation process, the full amount of $500.00 will be credited back to your account and added to your available balance.

3.3 Refund Timeline

3.4 How to Request Activation Fee Refund

If you have paid the activation fee but wish to request a refund:

• Before Account Activation: Contact customer support at refunds@helixfinance.org – Request account closure and fee refund – Refund processed within 5-7 business days.

• After Account Activation: The fee is automatically credited to your account – No action required from you – Funds will appear in your available balance.

• If Account is Closed: Submit written request to refunds@helixfinance.org – Include account number and proof of payment – Refund issued via original payment method within 14 business days.

3.5 Activation Fee Refund Denials

Refund requests for the activation fee may be denied if:

• The activation process has already been completed and the fee credited

• Fraudulent or suspicious activity is detected on the account

• Legal or regulatory restrictions apply

• Request is submitted after account closure without proper documentation

4. Refundable Transactions

The following transactions may be eligible for a refund under certain conditions:

4.1 Incorrect or Duplicate Transactions

If a transaction was processed in the wrong amount, to the wrong recipient, or as a duplicate – Refund Eligibility: Full refund provided you notify us within 14 days of the transaction date.

4.2 Unauthorized Transactions

If a transaction was completed without your authorization (stolen credentials, fraudulent access, identity theft) – Refund Eligibility: Full refund, provided you report immediately and cooperate with our investigation. Liability limits apply (see Section 8).

4.3 Service Not Rendered

If you paid for a service that we failed to deliver (failed wire transfer, bill payment not processed, subscription not activated) – Refund Eligibility: Full refund of the amount paid.

4.4 Deposit Pension Scheme (DPS) Early Cancellation

• Cancellation within 30 days of first deposit: Full refund of all deposits (no interest earned)

• Cancellation after 30 days: Refund of deposits minus applicable early termination fee

4.5 Fixed Deposit Receipt (FDR) Early Withdrawal

• Withdrawal within 90 days: Refund of principal minus penalty

• Withdrawal after 90 days: Refund of principal plus accrued interest minus penalty

5. Non-Refundable Transactions

The following transactions are generally NOT eligible for refunds:

5.1 Fees and Charges

Monthly maintenance fees, transaction fees (for completed transfers), wire transfer fees (once processing has begun), overdraft fees, ATM fees, paper statement fees. (Exception: Fees charged in error will be refunded.)

5.2 Completed Transfers to External Accounts

Once a transfer to an external bank account has been completed and confirmed, we cannot reverse the transaction. You must contact the recipient directly. (Exception: Unauthorized or fraudulent transfers – see Section 4.2.)

5.3 Third-Party Bill Payments

Once a bill payment has been processed and accepted by the payee, we cannot issue a refund. You must contact the biller directly.

5.4 Currency Exchange and Conversion Fees

Non-refundable once the transaction has been executed.

6. Deposit Pension Scheme (DPS) Refunds

6.1 During the Cooling-Off Period (14 days from first deposit)

Full refund of all deposits made – No interest earned – No cancellation fees

6.2 After the Cooling-Off Period

Refund of total deposits made minus early cancellation fee: $50 or 5% of total deposits (whichever is lower) – No interest paid

6.3 How to Request DPS Cancellation

Online banking portal (Settings → DPS Plans → Cancel) – Email: dps@helixfinance.org – Phone: 1-800-HELIX-01

7. Fixed Deposit Receipt (FDR) Refunds

7.1 Early Withdrawal Penalties

7.2 Interest Forfeiture

Loss of all accrued interest (if withdrawn within first 30 days) or reduced interest rate (if withdrawn after 30 days).

7.3 Maturity Refund

Full principal plus earned interest automatically deposited into your primary checking account or reinvested if auto-renewal selected. No penalties apply at maturity.

8. Unauthorized Transaction Refunds

8.1 Your Liability

8.2 How to Report

Phone: 1-800-HELIX-01 (fastest) – Email: fraud@helixfinance.org – Live Chat: 24/7 through your account

8.3 Investigation Process

We will temporarily credit your account (within 10 business days), investigate, and if confirmed unauthorized, the credit becomes permanent.

9. Wire Transfer Refunds

• Domestic: Before processing – full refund; after processing but before completion – refund minus $15; after completion – not refundable.

• International: Before processing – full refund minus $25 reversal fee; after processing – not refundable. Intermediary bank fees non-refundable.

10. Bill Payment Refunds

• Pending: Cancel directly from dashboard – full refund immediately.

• Completed: Cannot reverse – contact biller directly.

• Duplicate: Contact biller for refund, provide both transaction IDs.

11. Refund Processing Timeline

12. How to Request a Refund

• Online Banking (Recommended): Log in → Transactions → "Dispute Transaction" or "Request Refund" → Provide reason and documentation.

• Customer Support: Phone 1-800-HELIX-01 (24/7) – Email refunds@helixfinance.org – Live Chat.

• In Writing: Helix Finance, Attn: Refunds Department, 123 Financial District, Suite 400, New York, NY 10005

13. Required Information for Refund Requests

Full name (as on account), account number, transaction ID or date, amount, reason for refund, proof of payment (if applicable), supporting documentation.

14. Denied Refund Requests

We may deny a refund request if submitted after deadline, transaction is non-refundable, insufficient evidence, frivolous/bad faith, legal restrictions apply, or activation fee already credited. Written explanation provided.

15. Appeal Process

• First Appeal: Written appeal to refunds@helixfinance.org within 30 days of denial.

• Second Appeal: Escalate to Compliance Department at compliance@helixfinance.org.

• External Review: Contact the Consumer Financial Protection Bureau (CFPB) or your local regulatory authority.

16. Chargeback Rights (Debit Card Transactions)

For debit card transactions, you may have additional chargeback rights under Visa/Mastercard rules (goods/services not received, defective goods, uncancelled recurring payments, fraud). Time limits apply (typically 120 days).

17. Contact Information

• Email: refunds@helixfinance.org

• Live Chat: 24/7 through online banking account

• Mail: Helix Finance, Attn: Refunds Department, 123 Financial District, Suite 400, New York, NY 10005

18. Changes to This Policy

We may update this Policy. Material changes will be posted on our website, sent to your registered email, and displayed in our application. Your continued use after changes constitutes acceptance.

This Refund Policy applies to Helix Finance and its affiliated entities. By using our Services, you acknowledge that you have read and understood this policy.

Website: https://helixfinance.org