At Banqnote, protecting your privacy is one of our top priorities. This Privacy Policy outlines the types of personal information we collect, how we use it, and the measures we take to safeguard your data. By using Banqnote’s platform and services, you consent to the practices described in this document. Please read the following carefully to understand our approach to protecting your information.

1. Purpose of the Privacy Policy

This Privacy Policy is designed to provide transparency about how Banqnote collects, uses, stores, and shares your personal information. Our aim is to ensure you feel confident about the privacy of your data while using our services. This document is an essential part of our commitment to maintaining trust and compliance with global data protection laws, including the General Data Protection Regulation (GDPR) and other relevant legislation.

2. Information We Collect

When you use Banqnote’s platform, we may collect various types of personal information. This includes data you provide during registration, such as your name, address, email, phone number, and financial details. Additionally, we may collect information related to your transactions, trading activity, IP address, and device information to ensure compliance, security, and enhanced user experience.

3. How We Collect Information

Information is collected through direct interactions, such as account registration, communications with support, and transactions on our platform. We may also collect information automatically via cookies, tracking technologies, and third-party services. This helps us improve platform functionality, monitor user behavior, and ensure compliance with legal obligations.

4. Legal Basis for Data Processing

Banqnote processes your personal information based on several legal grounds. These include fulfilling contractual obligations, complying with legal and regulatory requirements, and pursuing legitimate business interests, such as fraud prevention and improving our services. In certain cases, we may also process your data based on your explicit consent.

5. Use of Your Personal Information

Banqnote uses the information collected to provide, operate, and improve our services. This includes verifying your identity, processing transactions, delivering account-related communications, and ensuring compliance with regulations. Additionally, data may be used for marketing purposes, provided you have given consent, and for analyzing user behavior to enhance platform functionality.

6. Data Storage and Retention

Your personal information is stored securely in our data centers and is retained for as long as necessary to fulfill the purposes outlined in this policy. Retention periods are determined based on legal, regulatory, and operational requirements. When your data is no longer required, it will be securely deleted or anonymized.

7. Sharing of Information with Third Parties

Banqnote does not sell your personal information. However, we may share data with trusted third-party service providers, such as payment processors, analytics providers, and compliance partners, to deliver our services effectively. These third parties are obligated to maintain the confidentiality and security of your information.

8. International Data Transfers

To provide our services, Banqnote may transfer your personal data to countries outside your jurisdiction. In such cases, we ensure that adequate safeguards are in place, such as data transfer agreements, to protect your information in compliance with applicable laws.

9. Security Measures

Banqnote employs advanced security measures to protect your data from unauthorized access, disclosure, or loss. These include encryption, firewalls, intrusion detection systems, and regular security audits. We are committed to continuously enhancing our security practices to keep your information safe.

10. Your Rights Under Data Protection Laws

Depending on your jurisdiction, you may have certain rights regarding your personal data. These include the right to access, correct, delete, restrict processing, or transfer your information. Additionally, you have the right to object to data processing and withdraw consent where applicable. Banqnote is committed to facilitating these rights promptly upon request.

11. Managing Your Privacy Preferences

Banqnote provides tools and settings within your account to manage your privacy preferences. You can update your contact information, communication preferences, and consent settings at any time. For additional assistance, our support team is available to address your requests.

12. Use of Cookies and Similar Technologies

Cookies are used on our platform to enhance functionality, improve user experience, and analyze website traffic. You can manage your cookie preferences through your browser settings. However, disabling certain cookies may affect the functionality of the platform.

13. Data Analytics and Profiling

Banqnote uses analytics tools to monitor user behavior, detect fraud, and improve platform features. Profiling may also be used to personalize your experience, such as recommending tools or features based on your trading history. These activities are conducted in compliance with data protection laws.

14. Compliance with Legal Obligations

Banqnote may process your data to comply with legal and regulatory requirements. This includes reporting suspicious activity, maintaining accurate records, and cooperating with law enforcement or regulatory authorities when necessary.

15. Data Breach Response

In the unlikely event of a data breach, Banqnote has procedures in place to respond promptly and mitigate any potential impact. Affected individuals will be notified in accordance with legal requirements, and corrective actions will be taken to prevent future incidents.

16. Children’s Privacy

Banqnote’s services are not intended for individuals under the age of 18. We do not knowingly collect or process personal information from minors. If we become aware that data from a minor has been collected, we will take steps to delete it promptly.

17. Marketing Communications

If you have opted in to receive marketing communications, Banqnote may use your contact information to send promotional materials, updates, and special offers. You can opt out of these communications at any time using the unsubscribe link provided or through your account settings.

18. Third-Party Links

Banqnote’s platform may contain links to third-party websites or services. This Privacy Policy does not apply to external sites, and Banqnote is not responsible for their practices. Clients are encouraged to review the privacy policies of third-party platforms.

19. Data Minimization Principle

Banqnote adheres to the principle of data minimization, collecting only the information necessary to provide our services. We continuously evaluate our data collection practices to ensure they align with this principle.

20. Employee Access to Data

Access to client data within Banqnote is strictly limited to authorized personnel who require it to perform their duties. Employees undergo regular training to ensure compliance with data protection standards.

21. Automated Decision-Making

Certain features of the Banqnote platform may involve automated decision-making, such as transaction approvals or risk assessments. Clients have the right to request human intervention or challenge automated decisions that significantly affect them.

22. Accountability and Governance

Banqnote maintains a robust governance framework to ensure accountability in data protection practices. This includes appointing a Data Protection Officer (DPO) to oversee compliance efforts and address client concerns.

23. Privacy Policy Updates

Banqnote reserves the right to update this Privacy Policy as needed to reflect changes in laws, regulations, or business practices. Clients will be notified of significant updates via the platform or email. Continued use of our services constitutes acceptance of the revised policy.

24. Dispute Resolution

Any disputes related to data privacy will be addressed through Banqnote’s internal dispute resolution process. Clients are encouraged to contact us with any concerns before pursuing external remedies.

25. Governing Law

This Privacy Policy is governed by the laws of the jurisdiction in which Banqnote operates. Clients agree to resolve disputes related to privacy under the exclusive jurisdiction of these courts.

Commitment to Transparency

Banqnote values your trust and is committed to maintaining the highest standards of data protection. If you have questions or concerns about this Privacy Policy, please refer to the support resources available on our platform.