Terms of Service

1. What Beestow Is

Beestow is a consumer gifting platform that issues prepaid, dollar-denominated gift claims indexed to the price of publicly traded U.S. equities and ETFs. A Beestow gift claim is a prepaid consumer obligation — economically analogous to a closed-loop gift card with a price-indexing feature. It is not a security, a brokerage product, a money-transmission service, or an investment vehicle.

When you purchase a gift, Beestow issues a claim deliverable by email, SMS, or QR code. The claim entitles the recipient to receive a cash payment calculated as:

Recipients hold a contractual cash obligation against Beestow — not title to, fractional ownership in, or any other property interest in any securities. Beestow purchases and holds shares in its own brokerage account solely to manage its price exposure on outstanding claim liabilities. Those shares cannot be transferred to recipients.

Gift claims may not be traded, pledged, hypothecated, sold, or assigned except through Beestow's re-gift mechanism, which issues a new claim subject to the same terms.

Beestow is not a registered investment adviser, broker-dealer, or financial planner. Beestow's product selection (a curated menu of well-known equities and ETFs) is not an investment recommendation. Nothing on our platform constitutes financial advice.

2. Eligibility

You must be a resident of the United States and at least 18 years of age to use Beestow. By using the platform, you represent that you meet both requirements. Upon first sign-in, you will be required to confirm that you are 18 or older before accessing your account. If you cannot make this confirmation, you will not be permitted to use the platform.

Beestow gifts may be sent to any US-based recipient. However, the recipient must be 18 or older to claim and redeem a gift. If the intended recipient is a minor, an eligible adult may claim and hold the gift on the minor's behalf and transfer the cash value to the child's savings or a custodial brokerage account when the minor is ready. The adult claimant assumes full responsibility for the gift under these Terms.

3. Sending a Gift

When you send a gift, you pay the gift amount plus a service fee at checkout. The fee is displayed clearly before payment is confirmed. Your card is charged immediately. A receipt is emailed to you.

A Beestow gift does not expire. The recipient may claim it at any time — there is no deadline to claim, and an unclaimed gift never loses value or becomes forfeit through the passage of time. Within 48 hours after sending, and only while the gift remains unclaimed, you may cancel it — for example, to correct a wrong recipient address. On cancellation, the full amount you paid (gift amount and fees) is refunded. After 48 hours, or once the recipient has claimed the gift, the value belongs to the recipient and the gift can no longer be canceled by the sender. Beestow does not return claimed or post-window gift value to senders under any circumstances. If you need help, contact us at support@beestow.com.

Gift amounts are subject to per-gift and annual limits, which may change over time. Current limits are displayed during checkout.

Per-Recipient Annual Cap. To align with the IRS annual gift tax exclusion, Beestow enforces a limit on the total value of gifts one buyer may send to the same recipient through our platform in a single calendar year. If a purchase would cause your cumulative gifts to a particular recipient to exceed this limit, Beestow will decline or automatically refund the transaction. You will be notified by email if a refund is issued for this reason.

Gift Tax Compliance. You are solely responsible for complying with all applicable federal and state gift tax laws, including IRS reporting requirements. Beestow's per-recipient cap tracks only gifts sent through Beestow — it does not account for gifts you make to the same person through other means. If your total gifts to a recipient in a calendar year (across all channels) exceed the IRS annual exclusion amount, you may be required to file IRS Form 709 (United States Gift and Generation-Skipping Transfer Tax Return). Beestow does not provide tax advice. Consult a qualified tax professional regarding your gift tax obligations.

4. Claiming a Gift

To claim a gift, the recipient must create a free Beestow account (or sign in) using the claim link provided. Claiming binds the gift to the recipient's identity so it can be tracked and later redeemed.

A Beestow gift is a prepaid claim, redeemable for cash, that belongs to the named recipient. Once claimed, its value tracks the market price of the referenced stock or fund over time and may rise or fall. There is no deadline to redeem — the recipient may redeem at any time, and the claim never expires or becomes forfeit through the passage of time. The recipient does not purchase, own, or hold any stock, security, or brokerage account, and holds a contractual claim against Beestow, LLC, which is the sole party obligated to satisfy it.

Recipients may re-gift their claim to another person. Re-gifting issues a new claim to the new recipient subject to these same Terms; the original claim is cancelled. The new claim likewise does not expire.

5. Redeeming for Cash

To receive a cash payout, recipients must:

• Complete a one-time identity verification with a government-issued ID
• Connect a brokerage or bank account for the payout transfer

Redemption is whole-gift: a recipient redeems one or more entire gifts at a time, not a portion of a single gift. A processing spread is applied to the redemption value (not to any gain), and any outstanding account charges (see Section 8) are deducted; the exact amounts are shown before you confirm, and the remaining amount is sent to your linked account.

The payout value is locked at the time the redemption request is submitted, not at the time of processing. Payouts typically arrive within 1–3 business days. Redemption payouts become available no earlier than a short seasoning period after the payment for the associated gift purchase has settled (currently five days); Beestow may extend this period for a specific gift where we reasonably suspect payment fraud, unauthorized use of a payment method, or a likely payment reversal. This timing affects only when a payout may be initiated — it does not affect the value of a gift, which is determined as described above. Beestow reserves the right to delay or decline payouts where required by applicable law or fraud prevention policies.

Current redemptions are for cash value only. Share transfers to external brokerage accounts are not available at this time.

6. Redemption Risk Disclosure

Market Value Risk

The market value of the underlying stock fluctuates continuously. The cash amount you receive at redemption may be less than the original gift amount if the stock has declined in value between the time the gift was sent and the time you submit your redemption request. Beestow makes no guarantee that your redemption value will equal or exceed the original gift amount.

No Securities Ownership

Recipients of Beestow gifts do not hold, own, or have any claim to specific shares of any company. You have no voting rights, dividend rights, or shareholder rights of any kind. Your entitlement is solely to a cash payment based on the tracked market value of the designated stock at the time of your redemption request.

No SIPC or FDIC Protection

Because recipients do not hold securities directly, gifts are not protected by the Securities Investor Protection Corporation (SIPC). Gift values are also not insured by the Federal Deposit Insurance Corporation (FDIC). Your right to redemption depends on Beestow's continued operation and solvency.

Platform and Operational Risk

Beestow may suspend, delay, or cancel redemptions in circumstances including but not limited to: regulatory requirements, platform outages, fraud investigation, or cessation of business operations. In the event that Beestow is unable to fulfill a redemption, your recourse is limited as described in Section 12 (Limitation of Liability).

Redemption Value Lock

The cash value of your redemption is calculated based on the market price of the underlying stock at the time your redemption request is submitted. This value is then locked for processing. You will not benefit from any price increases that occur after your request is submitted, nor will you be harmed by price decreases during that window.

Tax Considerations

Receipt of a cash payment from a Beestow gift redemption may constitute taxable income. The tax treatment depends on your individual circumstances, applicable federal and state law, and how the gift is classified. Beestow does not provide tax advice. Consult a qualified tax professional regarding any tax obligations arising from your use of the platform.

7. Fees

Beestow charges a service fee on each gift purchase. The exact fee is shown at checkout before payment is confirmed. When a gift is redeemed, a processing spread is applied to the redemption value (not to any gain) and is shown to the recipient before they confirm. Recipients who choose to redeem to a bank account (rather than a brokerage) are also charged a flat cash-out service fee, which is disclosed and deducted before payout.

No recurring, maintenance, or inactivity fee applies to ordinary accounts. A limited flat monthly servicing fee may apply only to accounts in Redemption Mode, as described in Section 8. All fees are non-refundable except where required by law or as described in Section 3 (sender cancellation).

8. Account Value Limit, Redemption Mode, and Unclaimed Property

Beestow gifts do not expire and are not returned to senders except through the sender cancellation window described in Section 3. There is no deadline to claim a gift and no deadline to redeem one.

Account value limit and Redemption Mode. To manage account-level value responsibly, an account enters Redemption Mode when its net redeemable value reaches a threshold disclosed in the platform (currently $18,000). Redemption Mode is temporary and removable. While an account is in Redemption Mode: existing claimed gifts continue to track the market and remain fully redeemable at all times; the account holder may still receive new gifts, which appear in the account but cannot be claimed until Redemption Mode is removed. The status is removed once both (a) the account's net redeemable value falls below the disclosed exit value (currently $10,000), and (b) the account holder has completed at least one qualifying redemption to their bank. Redemption Mode never causes loss of value and never prevents redemption of already-claimed gifts; it pauses the claiming of new gifts only, and may be entered and removed more than once.

Servicing fee. Ordinary accounts are not charged any maintenance, inactivity, or holding fee. An account that remains in Redemption Mode above the threshold for more than 30 days may be charged a flat monthly servicing fee, assessed only while the account remains above the threshold and never in any month it is below. The servicing fee is a flat amount, not a percentage of value. Outstanding servicing fees are collected from redemption proceeds and are shown to the account holder before any redemption is confirmed.

Unclaimed property. Because Beestow gifts do not expire and are not returned to senders, a gift that remains unclaimed, or a claimed gift that remains unredeemed, may become subject to state unclaimed-property (escheatment) law after the dormancy period set by applicable law (typically three to five years depending on the state). If Beestow is unable to reach the owner, Beestow is required by law to report and deliver the value to the relevant U.S. state's unclaimed-property administrator, who holds it for the owner to reclaim. Before doing so, Beestow will send advance notice to the owner's last known contact. Beestow does not keep, and does not recognize as its own income, value delivered to a state as unclaimed property. Where escheatment applies, the owner's claim against Beestow is satisfied by that delivery and must thereafter be pursued through the applicable state's unclaimed-property process.

Taxes. Redeeming a gift may have tax consequences for the recipient. Any amount a recipient receives above the gift's original value may be taxable income to the recipient. Beestow will provide a record of each redemption to assist with the recipient's own reporting, but does not provide tax advice; recipients should consult a tax professional about their specific situation.

9. Identity Verification

To comply with applicable anti-money laundering and sanctions regulations, recipients are required to complete identity verification before receiving a cash payout. This involves submitting a government-issued ID, a selfie, and an OFAC/sanctions screening check. Identity information is processed by a third-party verification provider and is subject to that provider's privacy policy.

Beestow reserves the right to decline or reverse a payout if identity verification cannot be completed, if the recipient appears on an applicable sanctions list, or if we identify suspicious activity.

10. Prohibited Uses

You may not use Beestow to:

• Evade taxes or engage in money laundering
• Send gifts to sanctioned individuals or entities
• Send a gift to yourself, including by claiming a gift you sent (whether on the same Beestow account or another account you control). Beestow is a gifting platform — gifts are intended for someone other than the sender. The only exception is a parent or legal guardian receiving the transfer of a gift originally sent to or for their minor child, which is permitted and not considered a self-gift.
• Create fraudulent accounts or use stolen payment methods
• Circumvent platform limits through multiple accounts
• Use the platform for any commercial purpose without our written consent

11. Not Financial Advice

Beestow provides educational content about investing for informational purposes only. Nothing on our platform is investment, legal, or tax advice. The value of investments can go down as well as up. Past performance does not guarantee future results. Consult a qualified financial adviser before making investment decisions.

12. Limitation of Liability

To the maximum extent permitted by law, Beestow's liability for any claim arising out of your use of the platform is limited to the amount of fees you paid in the 12 months preceding the claim. Beestow is not liable for any indirect, incidental, or consequential damages, including loss of value in the underlying securities.

13. Account Termination

We may suspend or terminate your account at any time if we believe you have violated these Terms, engaged in fraud, or pose a risk to the platform or other users. If your account is terminated, any pending gifts may be cancelled and subject to review.

14. Changes to These Terms

We may update these Terms from time to time. If we make material changes, we will notify you by email or by posting a notice on the platform. Continued use of Beestow after changes take effect constitutes acceptance of the updated Terms.

15. Governing Law

These Terms are governed by the laws of the United States and the state in which Beestow is incorporated. Any disputes will be resolved in the courts of that jurisdiction.

16. Contact

Questions about these Terms? Email us at support@beestow.com.