diff --git a/wallet/src/main/java/net/taler/wallet/exchanges/Exchanges.kt b/wallet/src/main/java/net/taler/wallet/exchanges/Exchanges.kt
index d110f044..9e918c4d 100644
--- a/wallet/src/main/java/net/taler/wallet/exchanges/Exchanges.kt
+++ b/wallet/src/main/java/net/taler/wallet/exchanges/Exchanges.kt
@@ -61,6 +61,8 @@ enum class ExchangeTosStatus {
 
 @Serializable
 data class TosResponse(
+    // wallet-core's GetExchangeTosResult calls it "tosStatus"
+    @SerialName("tosStatus")
     val status: ExchangeTosStatus = ExchangeTosStatus.Unknown,
     val content: String,
     val currentEtag: String,
diff --git a/wallet/src/main/java/net/taler/wallet/exchanges/ReviewExchangeTosScreen.kt b/wallet/src/main/java/net/taler/wallet/exchanges/ReviewExchangeTosScreen.kt
index 34701d08..444b0a81 100644
--- a/wallet/src/main/java/net/taler/wallet/exchanges/ReviewExchangeTosScreen.kt
+++ b/wallet/src/main/java/net/taler/wallet/exchanges/ReviewExchangeTosScreen.kt
@@ -156,11 +156,7 @@ fun ReviewExchangeTosComposable(
     onNavigateBack: () -> Unit,
     model: MainViewModel? = null,
 ) {
-    if (tos.status == ExchangeTosStatus.MissingTos) {
-        EmptyComposable(message = stringResource(R.string.exchange_tos_missing))
-        return
-    }
-
+    val missingTos = tos.status == ExchangeTosStatus.MissingTos
     var expanded by remember { mutableStateOf(false) }
 
     GlobalScaffold(
@@ -168,7 +164,8 @@ fun ReviewExchangeTosComposable(
         title = { Text(stringResource(R.string.nav_exchange_tos)) },
         onNavigateBack = onNavigateBack,
         bottomBar = {
-            if (!readOnly) BottomButtonBox {
+            // nothing to accept when the exchange publishes no terms
+            if (!readOnly && !missingTos) BottomButtonBox {
                 Button(
                     modifier = Modifier
                         .systemBarsPaddingBottom(),
@@ -179,7 +176,10 @@ fun ReviewExchangeTosComposable(
             }
         },
     ) { innerPadding ->
-        LazyColumn(Modifier.padding(innerPadding)) {
+        if (missingTos) EmptyComposable(
+            modifier = Modifier.padding(innerPadding),
+            message = stringResource(R.string.exchange_tos_missing),
+        ) else LazyColumn(Modifier.padding(innerPadding)) {
             if (tos.tosAvailableLanguages.size > 1) item {
                 ExposedDropdownMenuBox(
                     expanded = expanded,
diff --git a/wallet/src/test/java/net/taler/wallet/exchanges/TosResponseTest.kt b/wallet/src/test/java/net/taler/wallet/exchanges/TosResponseTest.kt
new file mode 100644
index 00000000..dd9e52b3
--- /dev/null
+++ b/wallet/src/test/java/net/taler/wallet/exchanges/TosResponseTest.kt
@@ -0,0 +1,43 @@
+/*
+ * This file is part of GNU Taler
+ * (C) 2026 Taler Systems S.A.
+ *
+ * GNU Taler is free software; you can redistribute it and/or modify it under the
+ * terms of the GNU General Public License as published by the Free Software
+ * Foundation; either version 3, or (at your option) any later version.
+ *
+ * GNU Taler is distributed in the hope that it will be useful, but WITHOUT ANY
+ * WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR
+ * A PARTICULAR PURPOSE.  See the GNU General Public License for more details.
+ *
+ * You should have received a copy of the GNU General Public License along with
+ * GNU Taler; see the file COPYING.  If not, see <http://www.gnu.org/licenses/>
+ */
+
+package net.taler.wallet.exchanges
+
+import net.taler.wallet.backend.BackendManager
+import org.junit.Assert.assertEquals
+import org.junit.Test
+
+class TosResponseTest {
+
+    private fun decode(s: String): TosResponse =
+        BackendManager.json.decodeFromString(TosResponse.serializer(), s)
+
+    /** wallet-core's answer for an exchange that publishes no terms (GET /terms -> 404) */
+    @Test
+    fun testMissingTos() {
+        val tos = decode("""{"tosStatus":"missing-tos","contentType":"text/plain","content":"NULL",""" +
+            """"currentEtag":"NULL","tosAvailableLanguages":[]}""")
+        assertEquals(ExchangeTosStatus.MissingTos, tos.status)
+    }
+
+    @Test
+    fun testProposedTos() {
+        val tos = decode("""{"tosStatus":"proposed","contentType":"text/markdown","content":"# Terms",""" +
+            """"currentEtag":"v1","contentLanguage":"en","tosAvailableLanguages":["en"]}""")
+        assertEquals(ExchangeTosStatus.Proposed, tos.status)
+        assertEquals("v1", tos.currentEtag)
+    }
+}