AML: Anti Money Laundering Policy for B&B Financial Services APS

This document as our Data Privacy Notice (Privacy Notice) our company explains how data are collected and use by us. By visiting our website or the mobile application to use our services in the European Economic Area (EEA) will demonstrate how information’s are shared and protected by our Corporation.

This privacy notice has to do with our company B&B Financial Services APS. It is our foremost concern that you privacy is protected and secure. As your personal Data is confidential we always make sure it is protected. As you read along we will describe how personal Data’s are collected and used by our company. In consideration of the law B&B Financial Services APS at Ved Radhuset 25 1tv , Rodovre 2610, Copenhagen will be the sole controller of the personal details of our customers. In whatever way the data is provided to us, either by post, email, phone call or through our website which is www.bandbfinance.com . It will be our obligation and responsibility to factor how this information’s will be keep.

Our Company has a Data Protection officer who can be contacted for any unforeseen circumstances at this email: info@bandbfinance.com

OFFICER OF DATA PROTECTION

Using our products on the website or application definitely mean you read, understand and as well agreed with this privacy policy that is displayed on our website, for that been the case we don’t expect you to surrender you information to us if you don’t agree with the Privacy policy stipulated on the website. It will as well be wise to be regularly checking our website for any updates. If you don’t agree with our privacy policy kindly call for more clarification. We will take our time to enlighten you about Data Protection and Privacy Policy:

1. Principles of Data Protection:

The information we acquire from our customers are Personal Data which we as a company use to identify our customers. These as well help us in our KYC process with our customers. Through these details we will be able to identify the customer’s name, phone number and address. The identification goes for the beneficiary of the transaction as well. Base on this fact, we as well the safe guard the Data Protection to keep the information’s of customers private.

Purpose of Collecting Personal Data:

• Your information’s are collected for KYC purpose.
• It is as well collected for identification purposes
• We can as well assure you that the information is collected for only the purposes stipulated on our website.
• Your information will be kept as long as necessary because we always have the need to keep your identity but it will always be kept safe and secured.

2. How Data’s are collected and which data’s are collected:

B&B Financial Services APS always collect Data’s that are given by the customers despite we have to look into the accuracy of the information’s given to us. This is done when you registered with us, when services are are use and when you use our website to create transactions. Under no circumstances can a transaction be completed without proper identification process which obviously gives us your data.

We as well collect personal Data like Date of Birth, place of birth and Address because this very important information’s and this information’s are only access by our Company

The Following Data’s might be processed:

• We always collect data’s that might identify you especially personal detail, residential and business addresses. This involves names titles and contact details of the customers. We as well collect images and passport and other Identifications of the customer.
• We as well collect financial details of the customer as it is important to know the source of funds of your customer. It will al well help us to know why the customer is transferring funds from his/her account to the beneficiary.
• To prevent money Laundering make sure additional information’s are collected to know our customer well enough to prevent us from dealing with a customer involve in criminal activities. When sending money with us our website or app will require you to indicate your source of funds and purpose of transaction.

The Usage of your Data’s:

• Your personal data’s provided to us are used by on the applicable law.
• Base on contractual agreement with you as the customer we can use you documents but aside that your document cannot be used by us for any other purpose. They can only be use completion of your transactions or you register and complain or queries. We as well have partners we dealing E.g our merchant. If you enter into contractual agreement with us, it is obvious that you data will be share with them for security reason.
• You data will be use to contact you for any clarification.
• We can as well use your data for few investigations by complying with the Legal Authorities with issues that has relation with our Business. It is obvious that we always face some risky transaction and when see such transactions and reported your transaction to the right Authority. Once they request your details from us we will be obligated to give it to them.
• We can use your emails and personal phone number to send you information’s about our company. This could be advertisement specialties or commercial with has to do with adverts or sending relevant information’s.

Data sharing with Third Parties:

B&B Financial Services APS Partners:

It is obviously possible we might share your personal details with other B&B Companies and partners for us to be able to provide you any type of services you requested from us.

Your personal Data might be given to third party service providers to be able to process your transactions. It obvious that some of the services we provided have to be supported by or partners and third parties to make the transactions successful. On that note it is obvious these partners will require your services.

You Personal Data might be Collected this Partners|:

• Our Banks we are dealing with( Financial Institutions)
• Our Compliance services providers
• Our Merchants
• Debt collection and credit institution.

Partnership Process:

Your personal data is transferred to the third party because of transactional sales and services we offered. Base on this fact we make that you information are as well safe guarded with our partners likewise our company.

Your information’s or Personal Details might be requested by the law enforcement agency and in this situation we must comply to send them your information’s for any reasons they might have.

Sharing Personal Data outside of EEA:

Depending on the nature of our business we may have to share your partners in the United Kingdom and United States. This as well cannot be done with you agreeing to do a transaction with our company. As we have clearly stated that your transactions might be issued to our partners who may involve transferring your data to United Kingdom and the United States. We may want to repeat this again. Your information’s are as well safe with us likewise our partners.

Personal Data’s are kept for how long?

We can keep you personal data’s for as long as necessary because they are used for different purposes and as far as regulations are concern we should keep them for identification purposes. We always have to keep these documents as a result of complying with the regulations. Keeping it will serve as a mechanism for partners and our company to access your personal data’s.

One important thing we need to factor certain information’s on personal Identification cards always expire are we have no option but to request for new ones.

Regulatory Requirement: As a company we are as well regulated and supervised which make it incumbent upon us to keep customers personal documents as long as possible. We as a company should as well comply will all retention laws. It is obvious that the retention period could be a five year or more.

As a company we can keep your documents and personal Data’s as long as possible, the only exception could be if you terminate your relationship with our company then we are obligated to keep your data’s for minimum of five years.

Your personal Data for marketing purpose can be kept by us you decided for us to take it from our system.

Your corresponded with us as a customer is always save with us and we sure the information’s contained in it are secure and protected. This information can as well be retained by our partners for duration of your business activity with our company.

B&B Financial Services APS as a company is very vigilant in keeping the security of you personal Data’s. Your data’s will be under control and protected against misuse.

Our software system is a sophisticated system that is build against all security bridges and that why we are assuring our customers of the protection of their personal Data’s. The system is regularly updated and is protected against unauthorized individuals. Personal information’s are all secured.

Our partners have their own websites and our company is not responsible for the website of our partners. Which mean we are not responsible for their privacy policy.

In some occasions will be sending you information’s through your phone, SMS or emails in a form of marketing. This information’s will only be given to you if you give your consent and they always come with specific motives. It could be advertisements, General Message or Technical issues.

Your rights of Data Protection:

• You have the right to have access to your personal data which can as well be change by the customer. Our contact detail will be very available on this template and it will as well be on our website if need to contact us for any changes.
• Under some circumstances you right to deny you personal data to be processed except when processing the data is required by the company.
• If your personal data is not required by us please kindly request it to be deleted from our system.
• We are not obligated to keep any inaccurate information about you once this is notice please request for it to be deleted.
• If our company does not comply with your rights as a customer, you have all right to report the company to Data protection Authority.

Complaints procedure:

If you believe B&B Financial Services APS have not comply the companies obligations and it clear on our privacy policies then you complain to the Data Protection Authority or through the court. It will be better to put us in the picture before taking any action. I am sure we will respond accordingly if the complaint is sent to us.

• You can reach us by email at: info@bandbfinance.com
• By post to: Ved Radhuset 25 1tv, Rodovre, Copenhagen

Our employees will be on the alert 24/7 to direct your privacy related complains to the right office. We will make you here from us within 10 working days and within that time and after we will be investigate the issue and get back to you with solid information. If you complaint is rejected we write to you with a written explanation.

We will the right measure if the complain is justifiable and if you are comfortable with our decision you have all the right to report the case to the Data Protection Authority Denmark.

https:// www.datatilsynet.dk/english
Phone Number: +4533193200

Our company Contact:
+4529115530
Info@bandbfinance.com