Terms and Conditions of Use

1. Introduction and Acceptance

These Terms and Conditions (the "Terms") govern access to and use of DataVault, a specialist research platform operated by Reconnaissance International Limited ("Reconnaissance", "we", "us", "our") providing structured reference data on the world's banknotes, circulating coins and cash in circulation.

By subscribing to, accessing or using DataVault, the subscribing organisation (the "Subscriber") and each of its Authorised Users agree to be bound by these Terms. If the Subscriber does not agree to these Terms, it must not access or use DataVault.

These Terms should be read together with the Subscriber's order confirmation, which specifies the Module(s) subscribed to (Banknote, Coin, Cash, or a Bundle of them), the subscription plan (Basic, Premium or Enterprise), any add-ons, the billing cycle and the applicable fees.

2. Definitions

"DataVault"

means the online research platform operated at datavault.reconnaissance.net, comprising the DataVault Banknote, DataVault Coin and DataVault Cash modules, the Supplier Directory, Ask DataVault, the DataVault MCP server, and such further modules and features as Reconnaissance may make available from time to time.

"Module"

means an individually subscribable component of DataVault, currently DataVault Banknote, DataVault Coin and DataVault Cash, available separately or as a Bundle (Banknote and Coin; Cash and Banknote; Cash and Coin; or all three). The Supplier Directory is made available free of charge and is not a Module for the purposes of fee and user-count provisions, but the usage restrictions in Sections 4 and 5 apply to all Content equally.

"Plan"

means the subscription plan selected by the Subscriber, being Basic, Premium or Enterprise as set out on the DataVault pricing page and reflected in the Subscriber's order confirmation.

"Authorised User"

means a named individual employed or directly engaged by the Subscriber who has been issued with login credentials for DataVault, within the user limit of the Plan: one (1) user for Basic, up to five (5) users for Premium, and up to one hundred (100) users for Enterprise, unless a higher limit is agreed in writing.

"Content"

means all data, records, specifications, security feature profiles, material compositions, circulation figures, economic indicators, images, charts, commentary and other materials made available through DataVault, whether viewed on-screen, exported, downloaded, printed, returned by Ask DataVault or a Connected Client, or otherwise extracted.

"Export"

means any output generated by DataVault's export functions, in whatever format, whether excluding or including security feature, material and supplier detail as permitted by the Subscriber's Plan.

"Derived Output"

means any report, presentation, briefing, benchmark study, analysis or other document produced by the Subscriber that incorporates, summarises, references or is otherwise based on Content or an Export.

"Ask DataVault"

means the question-answering assistant within DataVault, which answers questions in natural language by querying the DataVault database and uses a third-party AI model to choose those queries and phrase the answer.

"API Key"

means a credential issued by Reconnaissance to the Subscriber that allows software, rather than a person logging in, to access DataVault on the Subscriber's behalf.

"Connected Client"

means any software, including an AI assistant or agent, that the Subscriber or an Authorised User connects to the DataVault MCP server, whether authorised by an Authorised User's login (OAuth) or by an API Key.

"Subsidiary"

means any entity that is controlled by, controls, or is under common control with the Subscriber, where "control" means direct or indirect ownership of more than 50% of the voting equity or the power to direct management.

"Partner Agency"

means a third-party organisation (including government bodies, central banks, law enforcement agencies and inter-governmental bodies) with which the Subscriber has an established working relationship and to which the Subscriber routinely provides analytical output as part of its official functions.

3. Subscription, Plans and Access

3.1 Grant of Access

Subject to payment of the applicable fees and to compliance with these Terms, Reconnaissance grants the Subscriber a non-exclusive, non-transferable, non-sublicensable right, during the subscription term, to access DataVault and to use the Content for the Subscriber's internal business purposes, limited to the Module(s), Plan and add-ons set out in the order confirmation.

3.2 Plan Limits and User Seats

Access to DataVault is limited by the Subscriber's Plan:

• Basic — one (1) Authorised User. No Export.
• Premium — up to five (5) Authorised Users. Export excludes detailed security feature, material and supplier information. For DataVault Cash, includes economic indicators and Excel export of trend and denomination data.
• Enterprise — up to one hundred (100) Authorised Users within the Subscriber's organisation, or such higher number as is agreed in writing. Export includes full security feature, material and supplier information. For DataVault Cash, also includes series analysis and its export. Annual billing only.

DataVault Cash is available on annual billing only. Reconnaissance may update the scope and feature set of each Plan from time to time; any changes will apply from the start of the Subscriber's next renewal term unless otherwise agreed.

3.3 Credentials and Login Monitoring

Login credentials are personal to each Authorised User and must not be shared. Reconnaissance may monitor login activity, such as login dates and frequency, to detect credential-sharing. Persistent or systematic sharing of credentials, or other circumvention of user-count limits, constitutes a material breach of these Terms and may result in suspension of access without refund.

3.4 Subsidiaries

Unless otherwise agreed in writing, Authorised Users may be drawn from the Subscriber and its Subsidiaries, provided that all such users are counted against the Plan's seat allocation and that the Subscriber remains fully responsible for compliance with these Terms by those Subsidiaries. This provision does not, by itself, permit sharing of Content or Derived Output outside the Subscriber group — see Section 4.

3.5 Organisation Validation

Given the sensitive nature of Content, all subscriptions are subject to organisation validation. Reconnaissance may request supporting information and reserves the right to decline or cancel a subscription where validation is unsuccessful. Where a subscription is cancelled for this reason, a full refund of fees paid will be issued.

3.6 Guest and Free Access

Reconnaissance offers limited guest access to DataVault, covering a subset of countries across the Banknote, Coin and Cash Modules, without requiring a subscription, together with free access to the Supplier Directory. Use of these free-access features is subject to these Terms, with the exception of provisions relating specifically to fees, user limits and paid Plans.

3.7 Ask DataVault, API Keys and Connected Clients

Ask DataVault and the DataVault MCP server are in development. They may not be available to the Subscriber at this time, may be offered to selected organisations only, and may change, be limited or be withdrawn without notice while in development. Where they are made available, the following applies.

• Ask DataVault is available where it is included in the Subscriber's Plan or agreed as an add-on, and is subject to a monthly allowance of questions per organisation.
• API Keys are issued to the Subscriber organisation. The Subscriber shall keep them secret, shall not share them outside its organisation, and shall notify Reconnaissance promptly if one may have been disclosed. Reconnaissance may revoke an API Key at any time, and will issue a replacement where the Subscriber remains entitled to one.
• Connected Clients act on behalf of the Authorised User who authorised them, or of the Subscriber in the case of an API Key. Content retrieved by a Connected Client is Content for all purposes of these Terms, and the Subscriber is responsible for the use made of it, including by the provider of any AI model the Subscriber chooses to run.
• Reconnaissance may apply rate limits to Ask DataVault and to the MCP server to protect the service for all subscribers.

4. Permitted Use of Content

4.1 Internal Use

The Subscriber and its Authorised Users may view, search, filter, download, export and print Content for the Subscriber's internal business purposes, including research and benchmarking, product development, procurement, regulatory compliance, counterfeit investigation, academic study and the production of Derived Output for internal decision-making.

4.2 Derived Output

The Subscriber may incorporate Content into Derived Output, provided that:

• The Derived Output does not reproduce the Content, or an Export, in its original form or in substantial portions, but rather presents analysis, commentary, excerpts or selected data points that are materially transformed, contextualised or interpreted;
• DataVault is credited as the source. A suggested form of attribution is: "Source: DataVault, Reconnaissance International", or equivalent wording that clearly identifies DataVault as the origin of the data;
• The Derived Output is not itself sold, licensed or otherwise commercially exploited as a data product, and its distribution is incidental to the Subscriber's own business activities rather than constituting resale of the Content.

4.3 Sharing within the Subscriber Group

The Subscriber may share Content, Exports and Derived Output freely within its own organisation and with its Subsidiaries, provided that such use remains within the scope of internal business purposes and that the Subscriber remains responsible for compliance with these Terms.

4.4 Sharing Derived Output with Partner Agencies

The Subscriber may share Derived Output with Partner Agencies, subject to the following conditions:

• Login access to DataVault itself, including API Keys and Connected Clients, remains strictly restricted to the Subscriber's Authorised Users and may not, under any Plan, be extended to Partner Agencies;
• Materials shared with Partner Agencies must take the form of Derived Output (reports, briefings, analyses, presentations), rather than bulk reproduction or onward distribution of Exports or the underlying Content database;
• DataVault is credited as the source in all such Derived Output, in accordance with Sections 4.2 and 7;
• The Subscriber shall take reasonable steps to ensure that Partner Agencies do not further distribute the Derived Output for commercial gain or to the general public, and shall remain responsible for any breach of these Terms resulting from such sharing.

For the avoidance of doubt, this Section 4.4 does not permit the onward provision of raw Exports, bulk datasets, or the DataVault interface itself to Partner Agencies; only Derived Output is contemplated.

4.5 Security Feature Information (Enterprise Plan)

Where the Subscriber's Plan includes Exports containing detailed security feature information, the Subscriber acknowledges the heightened sensitivity of such information and shall take appropriate steps to protect it, including restricting internal circulation to personnel with a legitimate need-to-know. Detailed security feature information must not be included verbatim in any Derived Output made available to Partner Agencies or any third party without Reconnaissance's prior written consent.

5. Prohibited Use

The Subscriber and its Authorised Users shall not, and shall not permit any third party to:

• Resell, sublicense, rent, lease, lend or otherwise commercially distribute the Content or any Export, in whole or in substantial part, in any form;
• Incorporate the Content or Exports into any product, service or database that is offered to third parties on a commercial, subscription or fee-paying basis;
• Reproduce the Content or Exports verbatim or in substantial portions in any public-facing publication, whether print, digital or broadcast, without Reconnaissance's prior written consent;
• Remove, obscure or alter any copyright notice, source attribution, watermark or other proprietary marking contained within the Content or Exports;
• Use automated means (including scraping, crawling, systematic downloading, or use of DataVault through unauthorised interfaces) to extract Content beyond what is reasonable for normal interactive use, or to build a competing product or data service;
• Use Ask DataVault, an API Key or a Connected Client to extract, copy or mirror the Content database, or any substantial part of it, systematically;
• Use the Content to train, fine-tune or evaluate any machine-learning or AI model, other than the ordinary use of Content by a Connected Client to answer an Authorised User's questions;
• Share login credentials or API Keys, or permit access by any person other than an Authorised User within the limits of the applicable Plan;
• Use the Content in any manner that is unlawful, misleading, or that infringes the rights of Reconnaissance or any third party.

6. Intellectual Property

All Content, Exports and DataVault itself (including the underlying database structure, interface, branding and documentation) are the property of Reconnaissance International or its licensors and are protected by copyright, database rights and other intellectual property laws. No rights are granted to the Subscriber other than the limited right of use expressly set out in these Terms. All rights not expressly granted are reserved.

The Subscriber retains ownership of any Derived Output it creates, subject to Reconnaissance's underlying rights in the Content used to produce it. The creation of Derived Output does not transfer any ownership rights in the Content itself.

7. Attribution and Source Credit

Where Content is quoted, referenced, summarised, charted or otherwise used in Derived Output, DataVault must be credited as the source. Acceptable forms of attribution include:

• "Source: DataVault, Reconnaissance International"
• "Data supplied by DataVault (Reconnaissance International)"
• "© Reconnaissance International / DataVault" (for chart and figure captions)

Attribution should appear in a location that a reasonable reader would associate with the data, such as a chart caption, footnote, endnote or sources section of the Derived Output.

8. Data Accuracy and Warranties

Reconnaissance takes reasonable care to ensure that the Content is accurate, current and sourced from reliable industry, governmental and institutional channels, and the database is updated regularly to reflect new issuances and status changes. However, the Content is provided on an "as is" basis and is intended as a reference and intelligence resource, not a substitute for the Subscriber's own due diligence, independent verification or professional judgement.

DataVault Cash figures are compiled from central bank and other public sources, and economic indicators from the World Bank. Coverage and reporting periods differ between countries. Where we have derived a figure ourselves, or a source covers only part of a country's currency in circulation, DataVault says so. Figures may be restated when a source revises its own data.

Answers from Ask DataVault are drawn from the DataVault database, but are selected and worded by an AI model and may be incomplete or wrong. The Subscriber should check any figure that matters against the underlying Content before relying on it.

To the fullest extent permitted by applicable law, Reconnaissance disclaims all implied warranties of merchantability, fitness for a particular purpose and non-infringement. Reconnaissance does not warrant that the Content will be error-free, complete or uninterrupted.

9. Limitation of Liability

To the fullest extent permitted by applicable law, Reconnaissance's total aggregate liability to the Subscriber arising out of or in connection with these Terms, whether in contract, tort (including negligence) or otherwise, shall not exceed the fees paid by the Subscriber to Reconnaissance in the twelve (12) months preceding the event giving rise to the claim.

Reconnaissance shall not be liable for any indirect, incidental, consequential, special or punitive damages, including loss of profits, loss of business, loss of data, or loss of goodwill, howsoever arising.

Nothing in these Terms limits or excludes liability for fraud, fraudulent misrepresentation, or any other liability that cannot lawfully be limited or excluded.

10. Confidentiality

The Subscriber acknowledges that the Content, and in particular detailed security feature information accessible under the Enterprise Plan, constitutes confidential information of Reconnaissance and its licensors. The Subscriber shall treat such information with at least the same degree of care as it applies to its own confidential information of a similar nature, and in no event less than a reasonable standard of care.

Reconnaissance's obligations in respect of the Subscriber's own use of DataVault are set out in Section 11.

11. Data Security and Subscriber Confidentiality

What a Subscriber researches in DataVault can reveal its commercial interests. Reconnaissance treats it accordingly.

11.1 Research Activity

• DataVault does not keep a record of the searches, filters, pages viewed or Exports of a Subscriber's Authorised Users against their accounts, beyond the short-lived technical logs described in Section 11.2.
• Use of DataVault while logged in is not reported to any third-party analytics or advertising service.
• A Subscriber's activity, questions and identity as a subscriber are never disclosed to other subscribers or to any third party, never sold, and never used for Reconnaissance's editorial, publishing or conference activities, except where the Subscriber has agreed or the law requires it.

11.2 What Reconnaissance Records

• Account information — names, email addresses, organisation and Plan, and the date and number of each user's logins.
• Billing — handled by Stripe. Reconnaissance does not receive or store card details.
• Ask DataVault — the questions asked and the answers given, so that users can return to their conversations and so that Reconnaissance can correct errors and decide what to build next.
• MCP server — for each request from a Connected Client, the tool used and its parameters, for usage limits and support. The question the user asked their own AI assistant never reaches DataVault.
• Server logs — standard technical access logs, kept by our hosting provider for a limited period for security and operational purposes.

These records are accessible only to Reconnaissance staff who need them for support, security, billing or service development. Findings drawn from them to improve DataVault are used only in aggregate and do not identify any Subscriber. Within a Subscriber's own organisation, an administrator can see when its members last logged in, but not what they searched for or asked.

11.3 Ask DataVault and Artificial Intelligence

Where it is available (see Section 3.7), Ask DataVault sends each question, with the earlier turns of the same conversation and the data retrieved to answer it, to Anthropic's Claude models through Anthropic's commercial API. No user name, email address or organisation is sent with it. Under Anthropic's commercial terms, this content is not used to train Anthropic's models, and is retained by Anthropic for a limited period (currently thirty days) unless the law or a safety review requires otherwise. When a Subscriber uses a Connected Client, the AI model is chosen and run by the Subscriber, and that model's provider's terms apply.

11.4 Hosting and Security

• The DataVault database and application are hosted in the European Union (the Netherlands), and images are stored in Amazon Web Services' Frankfurt region.
• All traffic to DataVault is encrypted in transit (HTTPS), and session cookies are sent over secure connections only.
• Passwords are stored only in hashed form. Sessions end after four hours of inactivity or when the browser is closed.
• API Keys can be revoked at any time. Connections authorised by login (OAuth) use access tokens that expire after one hour and are valid only for DataVault's MCP server.
• Service providers: Railway (hosting), Amazon Web Services (image storage), Stripe (payments), Mailgun (email, EU region) and Anthropic (Ask DataVault). Each receives only what its function requires.

11.5 Email

Reconnaissance may send Authorised Users service notices and occasional DataVault newsletters. Every newsletter carries a one-click unsubscribe link.

11.6 Deletion and Further Information

On the Subscriber's request, or at the end of a subscription, Reconnaissance will delete the Subscriber's user accounts together with their Ask DataVault conversations and MCP request records, save for billing records that the law requires us to keep. Security questionnaires, data processing agreements and other requests under this Section should be sent to the contact in Section 15.

12. Term and Termination

These Terms apply for the duration of the subscription term set out in the order confirmation and any renewals thereof. Either party may terminate the subscription in the event of a material breach by the other party that remains uncured for thirty (30) days after written notice.

Reconnaissance may suspend access immediately, without refund, if it reasonably believes that the Subscriber has materially breached Sections 4 (Permitted Use), 5 (Prohibited Use), 4.5 (Security Feature Information) or 7 (Attribution). On termination, the Subscriber shall cease all use of the Content and Exports, and any API Keys issued to it will be revoked, although Derived Output produced in good faith before termination may continue to be used, provided that attribution obligations under Section 7 remain in force.

13. Changes to these Terms

Reconnaissance may update these Terms from time to time to reflect changes in functionality, legal requirements or commercial practice. Material changes will be notified to the Subscriber in writing or via the DataVault interface at least thirty (30) days before taking effect. Continued use of DataVault after the effective date of updated Terms constitutes acceptance of those Terms.

14. Governing Law and Jurisdiction

These Terms are governed by the laws of England and Wales. The parties submit to the exclusive jurisdiction of the courts of England and Wales in respect of any dispute arising out of or in connection with these Terms, save that Reconnaissance reserves the right to bring proceedings in any other jurisdiction where necessary to protect its intellectual property rights.

15. Contact

Questions regarding these Terms, requests for written consent, data security enquiries, or notices under these Terms should be directed to:

Reconnaissance International Limited
Email: [email protected]
Website: www.reconnaissance.net
DataVault: datavault.reconnaissance.net

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End of Terms and Conditions