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Welcome to AVEREST.COM.MY website (the “Site”). The following terms & conditions (“Terms & Conditions”) shall apply to all registered member of the Site and shall take effect upon registration of the member account. Member(s) refers to both Seller and Buyer. Completion of the member registration process indicates your understanding and acceptance of these Terms & Conditions. If you do not accept these Terms & Conditions, kindly do not sign up as a registered member of Averest. Averest reserves the rights to amend these Terms & Conditions at any point of time. The latest version of the Terms & Conditions will be published on the Site and shall be effective immediately upon posting. All registered members should check these Terms & Conditions from time to time in order to be aware of the latest version. Your continued use of the Site constitutes your acceptance of the latest Terms & Conditions.
Averest.com membership is free for all registered members.
Each Member who wishes to be a Seller on the Site will need to complete the registration process for Seller. Each Seller will be charged a one-time registration fee of RM200 and annual membership fee of RM800 per annum.
2019 Bundle Promotion Package - Sign up now and pay only RM800 to enjoy 2 years Seller Membership with Averest.
Each Seller is entitled to the following privileges:
These privileges are subject to review from time-to-time and Averest.com reserves the rights to charge for the above privileges in its sole discretion.
Each member hereby agrees and undertakes:
Each member shall not display or publish products or information which:
Each member hereby agrees and undertakes to be fully responsible for all products and information that is published by the member in the Site. Averest shall not be held accountable or responsible in the event if a member’s published product or information is found to be in violation of any law or any part of the above mentioned terms. In the event if any Member is found to be in such violation, Averest reserves the rights to suspend or terminate the Member’s account without any notice. If the Member’s act is found to be unlawful, Averest has the rights to disclose any evidence or information relating to the unlawful act to the relevant authority.
Each member hereby agrees and undertakes to indemnify Averest for any losses suffered as a consequence of the member’s misconduct as described in these Terms & Conditions.
Transactions & dealings between Buyer and Seller
Each Member hereby acknowledges and agrees:
That in the event of a trade dispute relating to non-receipt of goods, Averest has the full rights to request the Seller to provide proof of goods delivery including but not limited to a Delivery Order, Pick Up Order or Delivery tracking with acknowledgment of goods receipt by the receiving Buyer with company stamp, Airway Bill, and Custom Declaration Form to the extent of whichever applies. In order for the proof of delivery to be valid, the document must contain either the Buyer’s company stamp as evidence of receipt or the receiving person’s identity and signature. Averest shall verify the details such as the Company name, company stamp, identity of receiving party and delivery address stated on the proof of delivery against the Order Confirmation. The Buyer will be notified if these details matches and a copy of the proof of delivery shall be provided to the Buyer and no refund will be made. In the event of a mismatch, the Seller will be notified of the delivery error and a refund will be made to the Buyer.
That in the event if the transaction is made online, a 2.5% transaction fee will be charged on the Seller. Averest shall be authorized to collect payment on behalf of the Seller via the online payment service provided on the Site. The payment collected from Buyer shall be held by Averest until the Buyer confirms the completion of the transaction by acknowledging receipt of the goods. If Buyer fails to acknowledge receipt of goods, the transaction shall be auto-confirmed 14 days after the date of the delivery of the goods and Averest shall collect evidence of goods delivery from the Seller. The payment shall be released to the Seller within 5 business days from the date which the transaction is confirmed. This arrangement is known as the Secure Trade service. As such, a transaction fee of 2.5% will be charged on the Seller (subject to a minimum of RM1 per transaction) due to payment gateway charges for online Direct Debit, FPX or Credit Card payment.
Legal and Liability Issues
These terms and conditions sets out the entire agreement and understanding between all members and Averest and shall be governed and construed in all respects in accordance with the laws of Malaysia. All members and Averest hereby agree to submit to the jurisdiction of Malaysia courts.