Security Deposit Policy

1. I agree to install vehicle stickers and submit funds as funds security deposit and terms of activation of Lalamove account. The current amount of the funds and applicable types of vehicles can be found in the app.

   
   

2. I understand that If I have not made a security deposit into the platform, I will be blocked from taking orders and changing vehicles. I will automatically be switched to off-duty to prevent pushes.

   
   

3. I understand that I should have a minimum security deposit in my account; Any account with an amount below will be frozen or deactivated.

   
   

4. I agree that the funds contained in my deposit or guarantee will only be returned if I submit a termination of the partnership relationship with prior notification to Lalamove and without any cases or matters relating to violations of the Partner Code of Ethics.

   
   

5. Lalamove has the right to terminate the partnership with me or restrict my access to the Lalamove application if Lalamove finds evidence of any case or violation of the Partner Code of Ethics committed by me. Therefore, I understand and agree that if I have been removed from the application or terminated by Lalamove, Lalamove will automatically have the right to cancel or eliminate the funds contained in all virtual wallets and driver partner account deposit funds as a form of protection for company assets.

Thus, I agree to all of the above terms consciously and voluntarily.

*Lalamove reserves the right to change the contents of this agreement at any time without prior notice.