EXCELLENCE FINANCING BROKER (EFB)

Business Development Partner (BDP) – Terms & Conditions

Last Updated: March 05, 2026

These Terms & Conditions (“Terms”) govern the engagement of individuals or entities enrolling as Business Development Partners (“BDPs”) with Excellence Financing Broker  (“EFB”, “Company”, “We”, “Us”).

By registering, submitting CDD (Customer Due Diligence), accessing the CRM, or continuing participation in the BDP Program, you (“BDP”, “You”) confirm that you have read, understood, and agreed to these Terms in accordance with the laws of the United Arab Emirates.

1. Nature of Association

1.1 The BDP is engaged as an independent referral partner on a Principal-to-Principal basis.
1.2 Nothing in this engagement shall be construed as creating an employment relationship under UAE Labor Law, nor shall it create an agency, partnership, or joint venture.
1.3 The BDP has no authority to bind, commit, represent, or make legal assurances on behalf of EFB or any of its banking partners.

2. Scope of Role

2.1 The BDP’s role is strictly limited to:

• Identifying and referring genuine financing requirements.
• Submitting leads through the official EFB CRM.
• Facilitating basic coordination and document collection (Emirates ID, Salary Certificates, etc.) required for the CDD process.

2.2 The BDP shall NOT:

• Approve or sanction any finance facility.
• Promise specific Profit Rates or Interest Rates.
• Collect any fees or cash from customers.
• All credit checks, AECB evaluations, and final CDD verification are handled exclusively by EFB.
  
  

  3. Eligibility & Onboarding

3.1 To enroll as a BDP, you must:

• Be a UAE Resident with a valid residency visa.
• Hold a valid Emirates ID.
• Complete CDD authentication via UAE PASS (where applicable).
• Have an active UAE Bank Account in your own name for commission transfers.
• Provide a valid IBAN and accurate CDD documentation.

3.2 EFB reserves the right to approve, reject, or deactivate any BDP application during the CDD review phase to manage regulatory risk.

4. CRM Usage & Process Compliance

4.1 All leads must be submitted exclusively through the official EFB CRM.

4.2 Lead ownership, tracking, and compliance audits shall be governed solely by CRM digital records. 4.3 Any attempt to submit Fraudulent CDD documents will result in immediate termination and reporting to UAE authorities.

5.Payouts & Earnings

5.1 Payouts are performance-based and applicable only upon successful disbursal of the finance facility.

5.2 No salary or guaranteed minimum income is provided.

5.3 Commission rates are subject to AECB Score and DBR (Debt Burden Ratio) of the referred lead.

5.4 Payout Timeline:

• Payouts are processed within 2 working days of confirmed bank disbursal.
• Payments are credited directly to the BDP’s registered UAE IBAN.
• All payouts are provisional and subject to final CDD audit.
  

  
  6. Clawback & Adjustments

6.1 EFB reserves the right to withhold or recover (Clawback) payouts if:

• A bank or financial institution reverses the commission.
• An Early Settlement or Early Default occurs.
• The case is later found to involve misrepresentation or failed CDD checks.

Summary of Regulatory Language Used:

• CDD (Customer Due Diligence): CDD to align with UAE AML (Anti-Money Laundering)
• AECB: Al Etihad Credit Bureau.
• DBR: Debt Burden Ratio (Maximum 50% for UAE residents).
• UAE PASS: The national digital identity for secure CDD.

• Excellence Financing Broker (EFB) reserves the right to withhold, adjust, or recover payouts if:
  • Fraud, misrepresentation, or policy violation is detected during post-disbursal audits.
  • The disbursal is cancelled or the facility is closed prematurely due to compliance failures.
• Clawbacks may be:
  • Adjusted against future payouts (Offsetting).
  • Recovered directly from the BDP if no future payouts are pending.

7. Sub-BDP & Incentives

•  A BDP may onboard Sub-BDPs only under the approved EFB tiered structure.
• Override incentives (Passive Income) are payable only on successfully retained and compliant disbursals.
• The program follows a Professional Referral Network structure and is strictly non-MLM.
• No recruitment-based income is guaranteed; all earnings are derived from successful financial product realizations.

8. Branding & Marketing

• BDPs may represent themselves only as: “Excellence Financing Broker Authorized Business Development Partner.”
• Permitted: Use of EFB-approved logos, digital creatives, and standardized messaging for ethical, consent-based referrals.
• Strictly Prohibited:
  • Use of UAE Bank logos (e.g., FAB, ENBD, ADCB) or names without explicit written authorization.
  • Paid Digital Ads (Meta, Google, TikTok) without EFB Compliance Team approval.
  • Misleading Claims: Such as “Guaranteed Approval,” “No AECB Check,” or “Zero Interest Finance.”
  • Cybercrime Violations: Spamming, unauthorized bulk SMS, robocalls, or using purchased contact databases (Violates UAE Cyber Law).
• Branding rights are revocable immediately upon policy breach.

9. Compliance & Ethical Conduct

• The BDP agrees to:
  • Follow Central Bank of the UAE (CBUAE) guidelines, lender norms, and EFB internal policies.
  • Maintain professional, honest, and ethical conduct within the UAE marketplace.
  • Obtain explicit Customer Consent before sharing any documents or data.
  • Never request OTPs, PINs, Passwords, or confidential banking credentials.
    
    
• Any mis-selling, fraud, or misconduct will lead to:
  • Immediate suspension or termination of the Partner ID.
  • Forfeiture or Clawback of all pending payouts.
  • Legal or Regulatory action under UAE Federal Law where applicable.

10. Data Protection & Confidentiality

• All customer data remains the property of EFB and its banking partners.
• The BDP shall maintain strict confidentiality in compliance with UAE Federal Decree-Law No. 45 of 2021 regarding the Protection of Personal Data.
• Data misuse, unauthorized sharing, or external storage of customer PII (Personal Identifiable Information) is strictly prohibited.

11. Taxes & Statutory Compliance

• UAE VAT: 5% VAT (or current rate) will be deducted from all payouts.
• Tax Invoice: A formal Tax Invoice is mandatory for BDPs/DSAs whose annual earnings exceed the UAE VAT/Corporate Tax registration thresholds.
• Corporate Tax: Partners must ensure compliance with the UAE Corporate Tax Law regarding their individual or business income.

12. Inactivity & Review

• If a BDP remains inactive (zero successful disbursals) for 6 consecutive months, payout tiers will automatically reset to the Silver (Standard) level.
• CRM access may be restricted or deactivated during long-term inactivity.

13. Termination

• Either party may terminate this association at any time with the agreed-upon notice period.
  
  
• EFB may immediately suspend or terminate access in case of:
  • Policy Violations or failed CDD (Customer Due Diligence).
  • Fraud or significant reputational risk.
  • Regulatory Exposure (Central Bank audit findings).
• Eligible pending payouts for cases disbursed prior to termination shall be settled as per the standard payout cycle.

Key UAE Localization Summary:

• CBUAE
• AECB
• UAE Cyber Law: Referenced to warn against spamming/bulk SMS.
• VAT & Corporate Tax:
• Data Protection Law: Referenced UAE Federal Decree-Law No. 45 of 2021.
• CDD: Integrated Customer Due Diligence as the standard for document verification.

14. Limitation of Liability

Excellence Financing Broker (EFB) shall not be held liable for:

• Finance Rejection or Delays: Any rejection, delay, or modification of terms by UAE banking partners or financial institutions.
• Credit Decisions: Final credit approvals, profit/interest rates, or disbursement timelines, as these are governed by the internal policies of the lending institution and     AECB
• Consequential Losses: Any indirect, incidental, or consequential losses, including loss of potential earnings or business opportunities arising from the performance of the finance product.

15. Governing Law & Jurisdiction

• These Terms & Conditions shall be governed by and construed in accordance with the Federal Laws of the United Arab Emirates and the local laws of the Emirate of     Dubai.
• Any disputes arising from this agreement that cannot be settled amicably shall be subject to Arbitration in Dubai, UAE. The courts of Dubai shall have exclusive jurisdiction over any legal proceedings.

16. Acceptance & Declaration

By clicking “Agree”, submitting CDD (Customer Due Diligence) documents, or continuing to access the EFB CRM platform, you confirm that you:

• Have read, understood, and accepted these Terms in full.
• Agree to comply with all Excellence Financing Broker internal policies and UAE Central Bank (CBUAE) consumer regulations.
• Accept that any policy violations, including document fraud or mis-selling, will result in immediate Partner ID suspension, commission clawback, or permanent     termination.