Refund Policy

Draft template. Bracketed items such as [LEGAL ENTITY], [JURISDICTION], [ESCROW PROVIDER] and [PAYMENT PROCESSOR] must be completed and reviewed by a qualified lawyer before this document is relied upon.

This policy explains when a buyer's payment may be refunded. Refunds are issued from the funds Blomine holds in escrow, subject to [REFUND RULES].

1. Before transfer

If a funded transaction is cancelled before the seller starts the transfer, the buyer's payment may be refunded [IN FULL / LESS PROCESSING COSTS].

2. After a dispute

If a dispute is resolved in the buyer's favour, the held payment is refunded according to the resolution.

3. After completion

Once the buyer confirms receipt and funds are released, payments are generally not refundable through Blomine. [EXCEPTIONS UNDER APPLICABLE LAW.]

4. Blomine fee

Whether the Blomine fee is refunded depends on [FEE REFUND RULES].

5. Timing

Refunds typically appear within [TIMEFRAME] depending on the payment method and bank.

Last updated: [DATE]