Terms of Service & User Agreement

1. Acceptance of Terms & Scope of Agreement

By creating an account, depositing credit balance, or utilizing the BankMyBook platform ("BankMyBook", "Service", "we", "our"), you ("User", "Author", "you") agree to be bound by these Terms of Service. If you are accepting on behalf of an educational institution, department, or enterprise, you represent that you possess legal authority to bind that entity.

2. Technical Authoring Utility & Non-Hosting Declaration

All document text processing is initiated client-side within the user's web browser memory. BankMyBook does not build or distribute public repositories of educational publications.

3. Permitted Academic & Fair-Use Authorization

Users warrant and represent that they have lawful access to any curriculum materials or textbooks processed through their account for educational assessment authoring, examination drafting, or pedagogical synthesis under applicable fair use and educational exceptions.

4. Credit System, Pricing & Billing Policies

Platform usage is governed by our transparent credit reserves system:

• Unit Rate: 1 Credit = 1 Complete Authored Question = $0.01 USD. (e.g. 2,000 Questions = 2,000 Credits = $20.00 USD).
• Minimum Top-Up: The platform enforces a standard minimum top-up tier of $20.00 USD (2,000 credits).
• Non-Expiring Reserves: Purchased credits in your account balance remain permanently active and never expire.
• Atomic Delivery Fulfillment: Credits are deducted only upon successful batch generation and delivery of validated question items.
• Refund Policy: Due to the instantaneous delivery of computational synthesis and digital testbank assets, credit top-ups are non-refundable once consumed for generation. Unused credit balances may be evaluated for refund inquiries via support.

5. Testbank Deliverables & Intellectual Property

Subject to your compliance with these Terms:

• User Output Ownership: You retain full ownership and usage rights over all compiled PDF testbanks, examination packages, answer keys, and rationales generated under your authenticated account.
• Institutional Usage: You are free to print, distribute, or import generated examination materials into Learning Management Systems (Canvas, Blackboard, Moodle, Brightspace, D2L) for your classes and enrolled students.

6. Pedagogical Disclaimer & Instructor Review Obligations

While BankMyBook's synthesis algorithms enforce Bloom's Taxonomy cognitive calibration, negative-constraint distractor plausibility, and strict alignment, instructors maintain final professional editorial responsibility for verifying question phrasing, factual precision, and institutional suitability prior to administering examinations.

7. DMCA & Copyright Infringement Procedures

BankMyBook strictly abides by the Digital Millennium Copyright Act (17 U.S.C. § 512). If you believe in good faith that any content processed violates your intellectual property rights, please deliver a formal notice containing the following details to our designated copyright agent:

• Identification of the copyrighted work claimed to have been infringed.
• Contact information (legal name, address, telephone number, and email address).
• A statement of good faith belief that the disputed use is not authorized by the copyright owner, its agent, or the law.
• A physical or electronic signature of an authorized representative.

Send all formal DMCA correspondence to: [email protected].

8. Prohibited Platform Activities

Users agree not to engage in any of the following unauthorized activities:

• Attempting to reverse engineer, decompile, or extract the underlying prompt frameworks or server infrastructure.
• Deploying automated scrapers, denial-of-service vectors, or unauthorized load testing against API endpoints.
• Sharing account credentials across unauthorized external parties or attempting credential stuffing.
• Processing materials that violate applicable state, federal, or international laws.

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, BANKMYBOOK AND ITS DIRECTORS, EMPLOYEES, AND AFFILIATES SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, DATA, OR ACADEMIC GOODWILL, ARISING FROM YOUR USE OR INABILITY TO USE THE SERVICE.

10. Termination & Governing Law

BankMyBook reserves the right to suspend or terminate accounts that engage in fraudulent payment activity or repeated violations of acceptable use standards. These Terms shall be governed by and construed in accordance with standard commercial SaaS laws, without regard to conflict of law principles.

11. Legal Inquiries & Corporate Contact

For enterprise licensing, institutional contracts, or legal notices, please reach out to our legal department: