Last updated: November 01, 2024
1. Introduction
The General Data Protection Regulation (GDPR) is a comprehensive data protection law that came into effect on May 25, 2018. It aims to protect the personal data and privacy of individuals within the European Union (EU) and the European Economic Area (EEA). This page outlines how our website complies with GDPR requirements.
2. Data Collection and Usage
We collect and process personal data from our users for the following purposes:
- Account Management: To facilitate the opening of international bank accounts and provide related financial services.
- Billing Services: To manage billing outsourcing services effectively.
- User Communication: To communicate with users regarding their accounts and any relevant updates.
3. Types of Personal Data Collected
The personal data we may collect includes:
- Personal identification information (e.g., name, email address, phone number)
- Financial information (e.g., banking details)
- KYC documentation (e.g., identification documents, proof of address)
4. User Rights Under GDPR
Under GDPR, users have the following rights regarding their personal data:
- Right to Access: Users can request access to their personal data.
- Right to Rectification: Users can request corrections to inaccurate or incomplete data.
- Right to Erasure: Users can request the deletion of their personal data under certain conditions.
- Right to Restrict Processing: Users can request restrictions on how their data is processed.
- Right to Data Portability: Users can request a copy of their personal data in a structured format.
5. Consent Management
We ensure that consent is obtained before collecting personal data. Users will be informed about how their data will be used and have the option to opt-in or opt-out.
6. Third-Party Data Processors
We may share personal data with third-party service providers who assist us in delivering our services. These third parties are required to comply with GDPR standards regarding data protection.
7. Data Security Measures
We implement appropriate technical and organizational measures to protect personal data against unauthorized access, loss, or destruction. This includes encryption, access controls, and regular security assessments.
8. Data Breach Procedures
In the event of a data breach, we will notify affected users without undue delay and take appropriate measures to mitigate any potential harm.
9. Contact Information for GDPR Inquiries
For any questions or requests related to GDPR compliance, please contact us via our contact page.