Privacy Policy for Bankaari.com
Effective Date: 01st May 2023
At Bankaari.com, we are committed to protecting your privacy. This Privacy Policy outlines how we collect, use, disclose, and safeguard your personal information when you visit our website or use our services. Please read this Privacy Policy carefully to understand our practices regarding your personal information.
Privacy Policy
1. Information We Collect
1.1 Personal Information:
We may collect personal information such as your name, address, email address, phone number, and financial information when you register an account with Bankaari.com or use our services. This information is necessary to provide you with our services and to comply with legal and regulatory requirements.
1.2 Log Data
We may collect information automatically through cookies, log files, and similar technologies. This information may include your IP address, browser type, operating system, referring URLs, and other usage data. This data helps us analyze trends, administer the website, and gather demographic information about our user base.
2. How We Use Your Information
2.1 Providing Services
We use the information we collect to provide, maintain, and improve our services. This includes processing transactions, verifying your identity, communicating with you, and personalizing your experience on our platform.
2.2 Legal Obligations
We may use your personal information to comply with applicable laws, regulations, and legal processes, including but not limited to anti-money laundering (AML) and know your customer (KYC) requirements.
2.3 Communication
We may use your contact information to send you important notifications, updates, promotional materials, and other information related to our services. You have the option to opt-out of receiving marketing communications from us.
2.4 Security and Fraud Prevention
We may use your information to monitor and prevent fraudulent activities, unauthorized access, and other security-related issues.
3. Information Sharing and Disclosure
3.1 Service Providers
We may share your personal information with trusted third-party service providers who assist us in operating our website, conducting business, or providing services to you. These service providers are obligated to protect your information and can only use it for the specified purposes.
3.2 Legal Compliance
We may disclose your personal information if required to do so by law, regulation, legal process, or governmental request. We may also disclose your information to enforce our Terms of Service, protect our rights, or respond to claims of illegal activities.
3.3 Business Transfers
In the event of a merger, acquisition, or sale of assets, your personal information may be transferred as part of the transaction. We will notify you via email and/or a prominent notice on our website before your information is transferred and becomes subject to a different privacy policy.
4. Data Security
We implement reasonable security measures to protect your personal information from unauthorized access, disclosure, alteration, or destruction. However, please note that no method of transmission over the internet or electronic storage is completely secure, and we cannot guarantee absolute security.
5. Your Rights
You have the right to access, correct, update, or delete your personal information held by us. You can exercise these rights by contacting us using the contact information provided at the end of this Privacy Policy.
6. Children’s Privacy
Our services are not directed to individuals under the age of 18. We do not knowingly collect personal information from children. If we become aware that we have collected personal information from a child without parental consent, we will take steps to remove the information from our systems.
7. Changes to This Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. We will notify you of any material changes by posting the updated Privacy Policy on our website or sending you a notification. Also, we encourage you to review this Privacy Policy periodically.
8. Contact Us
If you have any questions, concerns, or requests regarding this Privacy Policy or the handling of your personal information, please contact us.
By using Bankaari.com and providing your personal information, you agree to the collection, use, and disclosure of your information in accordance with this Privacy Policy.
Effective Date: 01st May 2023