Web Bank Nepal is committed to fair, transparent dealings. All projects are governed by the following terms (full legal agreement available upon request):
Scope & Deliverables: Projects commence with a detailed proposal outlining timelines, milestones, and KPIs. Changes require mutual written approval via change order (additional fees apply at NPR 5,000/hour).
Payment Terms: 40% advance, 30% on milestone completion, 30% on final delivery. Late payments incur 1.5% monthly interest. All payments via bank transfer or eSewa.
Intellectual Property: Client owns final deliverables upon full payment; we retain rights to reusable code/templates unless specified.
Confidentiality: NDAs protect sensitive information for 5 years post-project.
Warranty & Support: 3-month free bug fixes; extended support at NPR 10,000/month. We guarantee 99% uptime for hosting.
Termination: Either party may terminate with 30 days’ notice; refunds prorated for undelivered work.
Liability: Limited to project fees; no consequential damages. Governed by Nepal’s Contract Act 2056.
Force Majeure: Delays due to unforeseen events (e.g., natural disasters) excused.
Disputes resolved via arbitration in Kathmandu. Contact legal@webbank.com.np for queries.