Ordonnia Core Policies Financial Policy

Financial Policy

By Ordonnia Administration Department • Published on 1970-01-01 • No edits

Protocol on Financial Security

Ordonnia is committed to ensuring the Ordonnia economy stays safe, easy to understand, and balanced. Please understand our protocols and directives for managing your balances in Ordonnia.

Are defined here:

1. Universal Currency

1a. Supply of Universal Currency and exchange rates

Ordonnia's main currency is Universal Currency, stylised as "UC", "U¢" or "UC" (UC with a strikethrough C). Ordonnia reserves itself the right to issue as much Universal Currency as it sees fit, for any price or reward, and at Ordonnia's own discretion.

Our Universal Currency converts to currencies eligible for payouts. The exchange rates for these currencies vary and are available on our website at ordonnia.com, or by contacting Ordonnia Help.

Ordonnia reserves itself the right to take, give, or transfer Universal Currency at any moment and for any reason it sees fit.

1b. Our rights regarding Universal Currency

Universal Currency stays the whole property of Ordonnia and you are not entitled to any of the Universal Currency you have on your Identity, and in particular to the value of it in any other currencies than Universal Currency.

ORDONNIA HAS AN UNALIENABLE RIGHT TO VOID, REMOVE, EDIT, MODIFY, ADD OR GIVE UNIVERSAL CURRENCY TO ANY USER OR ORGANIZATION AS IT WISHES. UNIVERSAL CURRENCY HAS NO RESALE VALUE AND CANNOT BE RESOLD OR EXCHANGED EXCEPT THROUGH OFFICIAL CHANNELS AT ORDONNIA'S WILL. ANY USE OF UNIVERSAL CURRENCY IS SUBJECT TO ORDONNIA'S APPROVAL AND ORDONNIA RETAINS FULL RIGHT AND OWNERSHIP ON BOTH UNIVERSAL CURRENCY AND ITS USAGE. BY OPENING AN ORDONNIA IDENTITY AND USING ITS SERVICES YOU UNDERSTAND THAT YOUR UC BALANCES COULD BE VOIDED OR MODIFIED AT ANY MOMENT AT ORDONNIA'S CONVENIENCE.

2. Transfers

2a. From or to Ordonnia

Ordonnia may run a Payment in Universal Currency to or from you at any time.

2b. Between users

Ordonnia allows its users to exchange Universal Currency. Nevertheless, this exchange must be:

Ordonnia will impose a mandatory verification from Ordonnia Help with every transaction. Every 3rd pending verification transaction, the funds will be frozen before being released to ensure Ordonnia Help can catch up with your transactions.

Ordonnia will take a commission as it sees fit. Our commission may vary, and the rate that is disclosed at the moment of transfer makes law. Nevertheless, the standardised rate is:

2c. To an external balance

You may, through the Payouts Programme, transfer to an external balance, given that:

Furthermore, we do not allow any given Identity to withdraw more than 2,500 Universal Currency per year unless they have passed an advanced security questionnaire at the discretion of the Administration. This questionnaire will be communicated by e-mail to the Identity's e-mail address at the time Ordonnia processes your request. This limit is raised to 5,000 U¢ for Ordonnia+ users, 7,500 U¢ for Ordonnia++ users, 10,000 U¢ for Ordonnia+++ users and 20,000 U¢ for Ordonnia++++ users.

Ordonnia reserves itself the right to disable your access to transferring to an external balance if:

You may appeal any refusals of payout by contacting Ordonnia Help.

3. Large balances

Ordonnia caps your ability to hold currencies, at:

If you reach those caps, only Ordonnia Help is fit to raise them. Please contact us if you have any inquiries related to this.

4. Exclusions from the payment system

Ordonnia reserves the right to void your balances and exclude you from all of our payment systems immediately and without delay if:

You may appeal this decision by contacting Ordonnia Help.