Privacy Policy
YOURBNK Ltd. ("we", "us", or "our") is committed to protecting the privacy and confidentiality of personal information entrusted to us. This Privacy Policy outlines how we collect, use, disclose, and safeguard personal information in accordance with Canadian privacy laws, including the Personal Information Protection and Electronic Documents Act (PIPEDA).
1. Collection of Personal Information
We may collect personal information from clients, employees, job applicants, and other individuals as necessary to provide financial services and conduct business operations. Personal information may include, but is not limited to:
2. Use of Personal Information
We use personal information for the following purposes:
We may disclose personal information to third parties in the following circumstances:
4. Safeguarding Personal Information
We employ reasonable security measures to protect personal information against unauthorized access, disclosure, alteration, or destruction. These measures include physical, technical, and administrative safeguards, as well as staff training on privacy and security practices.
5. Access and Correction
Clients and individuals have the right to access and update their personal information held by us. Requests for access or correction should be submitted in writing to our head office.
6. Retention of Personal Information
We retain personal information only for as long as necessary to fulfill the purposes for which it was collected or as required by law. When personal information is no longer needed, we securely dispose of it in accordance with our retention policies and procedures.
7. Changes to Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our business practices or legal requirements. Any revisions will be posted on our website, and we encourage individuals to review the policy periodically for updates.
8. Contact Us
If you have questions or concerns about our privacy practices or wish to exercise your rights regarding personal information, please contact our head office.
YOURBNK Ltd. ("we", "us", or "our") is committed to protecting the privacy and confidentiality of personal information entrusted to us. This Privacy Policy outlines how we collect, use, disclose, and safeguard personal information in accordance with Canadian privacy laws, including the Personal Information Protection and Electronic Documents Act (PIPEDA).
1. Collection of Personal Information
We may collect personal information from clients, employees, job applicants, and other individuals as necessary to provide financial services and conduct business operations. Personal information may include, but is not limited to:
- Name, address, and contact details
- Financial information, including banking and investment details
- Identification documents (e.g., driver's license, passport)
- Employment history and qualifications
- Transactional data and records
2. Use of Personal Information
We use personal information for the following purposes:
- Providing financial products and services to clients
- Verifying identities and conducting due diligence
- Processing transactions and managing accounts
- Communicating with clients and responding to inquiries
- Complying with legal and regulatory requirements
- Conducting internal research, analysis, and business development
We may disclose personal information to third parties in the following circumstances:
- With client consent or as required to fulfill the purposes identified at the time of collection
- To service providers and partners involved in delivering financial services
- To comply with legal obligations, such as responding to court orders or regulatory inquiries
- In connection with corporate transactions, such as mergers or acquisitions
4. Safeguarding Personal Information
We employ reasonable security measures to protect personal information against unauthorized access, disclosure, alteration, or destruction. These measures include physical, technical, and administrative safeguards, as well as staff training on privacy and security practices.
5. Access and Correction
Clients and individuals have the right to access and update their personal information held by us. Requests for access or correction should be submitted in writing to our head office.
6. Retention of Personal Information
We retain personal information only for as long as necessary to fulfill the purposes for which it was collected or as required by law. When personal information is no longer needed, we securely dispose of it in accordance with our retention policies and procedures.
7. Changes to Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our business practices or legal requirements. Any revisions will be posted on our website, and we encourage individuals to review the policy periodically for updates.
8. Contact Us
If you have questions or concerns about our privacy practices or wish to exercise your rights regarding personal information, please contact our head office.