Terms Of Use

Acceptance of terms

This Agreement (“Agreement”) between Deltec International Group and its affiliates (any entity that controls, is controlled by, or is under common control of a Deltec International Group. For purposes of clarity, in this instance “control” means possessing, directly or indirectly, the power to direct or cause the direction of the management, policies or operations of an entity, whether through ownership of voting securities, by contract or otherwise ) and successors (“Deltec”) and you (“you” or “yours” or “user”) governs your use of the websites, and any page thereof, owned and/or operated by Deltec (the “Websites”). Please read these terms and conditions carefully. The issuer of the content of this website is Deltec, which is registered in various jurisdictions, including The Bahamas, the United States and Canada as a bank, trust company, and/or investment advisor. By accessing, visiting or using the Websites you acknowledge, understand and agree with the following terms and conditions and legal information relating to the use of the Websites.

All queries with regard to the content of this website are to be directed to the Site manager at or to Deltec House, Lyford Cay, P.O. Box N3229, Nassau, the Bahamas. Tel: +1 (242) 302-4100.

The Websites may not be used by anyone who is subject to a legal jurisdiction in which such use is prohibited.

Ownership of websites

The user acknowledges that the Websites may contain information, communications, software, material, products, photos, text, video, graphics, music, sounds, images and other material and services (collectively “Content”) provided by Deltec.

All Content in the pages, screens displaying the pages, information and materials of the Websites are owned by Deltec, unless otherwise indicated and are protected by copyright laws, trademark rights and other intellectual property rights. Modification or use of the Websites and/or the Content for any commercial purpose is strictly prohibited. The user of the Websites may not transmit, reproduce or sell this Content without the prior written consent of Deltec.

Users & information

The Content described on the Websites is for information purposes only and subject to change from time to time, as published herein.

The Content on the Websites have been compiled from sources that Deltec believes to be reliable. Deltec does not warrant the accuracy, adequacy and completeness of the Content described on the Websites or the error-free use of it. It is illegal for any other persons to make representations which are contrary to this effect. Deltec shall not be obliged to remove any outdated information from the Websites or to expressly mark such information as being outdated.

Unless otherwise indicated, all opinions, projections and estimates expressed in the Websites are entirely those of Deltec and are subject to change without notice. Neither Deltec nor any other person accepts any liability whatsoever for any loss whatsoever arising from any use of the Websites or Content, or otherwise arising in connection therewith. Each user of the Websites shall be solely responsible for making his/her own independent investigation of the business, financial condition and prospects of information referred to on the Websites.

The content on the Websites is for general information purposes only and does not have any regard to the specific investment objective, financial situation and the particular needs of any specific person who may browse the Websites. The type of financial instruments or services mentioned may not be suitable for everyone. The Websites are not intended to be used as a substitute for specific financial, tax or other professional advice, nor should any persons consider it as such. Advice should always be sought from a financial adviser regarding the suitability and the tax merit of any investment product and should take into account the specific investment objectives, financial situation or particular needs of the specific person, before making a commitment to purchase any investment product or service.

The use of hyperlinks on the Websites to other sites is at your own risk. Deltec is not responsible for the content or accuracy of third-party websites hyperlinked from the Websites and does not guarantee, endorse or recommend the products or services described on any third-party websites.

General disclaimer

The Websites may contain material that is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject Deltec to any registration or licensing requirement within such jurisdiction.

The information, tools and material presented in the Websites are provided to you by Deltec for information purposes only and are not to be used or considered as an offer or the solicitation of an offer to sell or to buy or subscribe for securities or other financial instruments. Deltec will not treat recipients of the reports of the Websites as its customers by virtue of their receiving the reports of the Websites.

The reports of the Websites are not to be relied upon in substitution for the exercise of independent judgment. Deltec may have issued, and may in the future issue, other communications that are inconsistent with, and reach different conclusions from, the information presented in the reports of the Websites.

Those communications reflect the different assumptions, views and analytical methods of the analysts who prepared them and Deltec is under no obligation to ensure that such other communications are brought to the attention of any recipient of the reports of the Websites.

Some investments referred to in the reports of the Websites may be offered solely by a single entity. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance.

Information, opinions and estimates contained on the Websites reflect a judgment at its original date of publication by Deltec and are subject to change without notice. The price, value of and income from any of the securities or financial instruments mentioned in the reports of the Websites can fall as well as rise. The value of securities and financial instruments are subject to exchange rate fluctuation that may have a positive or adverse effect on the price or income of such securities or financial instruments. Investors in securities such as ADR's, the values of which are influenced by currency volatility, effectively assume this risk.

The market value of any structured security may be affected by changes in economic, financial and political factors (including, but not limited to, spot and forward interest and exchange rates), time to maturity, market conditions and volatility, and the credit quality of any issuer or reference issuer. Any investor interested in purchasing a structured product should conduct their own investigation and analysis of the product and consult with their own professional advisers as to the risks involved in making such a purchase. Some investments discussed in the reports of the Websites may have a high level of volatility. High volatility investments may experience sudden and large falls in their value causing losses when that investment is realised. Those losses may equal your original investment. Indeed, in the case of some investments the potential losses may exceed the amount of initial investment and, in such circumstances, you may be required to pay more money to support those losses. Income yields from investments may fluctuate and, in consequence, initial capital paid to make the investment may be used as part of that income yield.

If the reports of the Websites are being distributed by a financial institution other than Deltec, that financial institution is solely responsible for distribution. The reports of the Websites do not constitute investment advice by Deltec to the clients of the distributing financial institution, and Deltec will not accept any liability whatsoever for any direct or consequential loss arising from their use of the reports of the Websites or its contents.

Use of Email Communication

The user of the Websites is reminded that the confidentiality of e-mail messages sent via the public network cannot be guaranteed. It is your own responsibility when forwarding personal data or other confidential messages to Deltec via e-mail. Deltec shall be neither responsible nor liable for losses or damage incurred by any disappearance or transformation of such a message. The information contained in messages from Deltec may be confidential or privileged and is only intended for the use of the individuals or entities to which it is addressed. If you are not the intended recipient, you are requested by Deltec to delete the message (with attachments) without opening it and you are notified by Deltec that any use, disclosure, dissemination or reproduction of the information contained in the message (with attachments) is strictly prohibited and may be unlawful.

E-mails are susceptible to interference and Deltec cannot guarantee that the contents of any message received by you has not been intercepted or manipulated by third parties.

Personal data

All communication, electronic or otherwise, between the user and Deltec by means of the Websites, and all information, whether sensitive or otherwise, that the user provides or inputs during his/her use of the Websites, or which is collected through the Websites, may be subject to computer recording or otherwise, retention automated processing and used to include it in a database, marketing, monitoring and analysis of business, legal and regulatory compliance and/or for any other related business purpose by Deltec.

User of the Websites authorises Deltec to collect, store electronically or otherwise, make use of and process personal data obtained. The user has the right to modify or delete these personal data when it is proven to be incorrect. Deltec may store these personal data for the maximum period permitted under data protection regulations.

The user expressly authorises Deltec to share the user’s data with companies within Deltec, except where, in doing so, Deltec would be acting in contravention of confidentiality rules to which it is subject.


Any information or material sent to Deltec through the Websites will be handled in a manner consistent with legal and regulatory requirements.

Governing law and jurisdiction

Your access to, visit to and use of the Websites and this Agreement are governed by and shall be construed in accordance with Bahamian law. The Courts of The Bahamas shall have exclusive jurisdiction over any dispute relating thereto.

Deltec may amend these terms and conditions at any time, with immediate effect and without prior notice.