Bancoli Privacy Policy
This privacy policy applies to all of our services and has been compiled by Arative Technologies LLC and its affiliates (collectively "Bancoli," "we," or "us") to protect your privacy and better serve those who are concerned with how their 'Personally Identifiable Information' (PII) or 'Personal Data' is being collected and used.
As used in the United States privacy laws and information security, PII is information that can be used on its own or with other information to identify, contact, or locate a single person, or to identify an individual in context. 'Personal Data' means any information relating to an identified or identifiable person, including laws and regulations of the European Union.
Please read our privacy policy carefully to get a clear understanding of how your Personally Identifiable Information and Personal Data is collected, used and disclosed by Bancoli. By accessing or using our services it is understood that you have read, understood and agree to our privacy policy.
Why do we collect information?
The USA Patriot Act, a federal law, requires financial institutions to collect, verify and record information identifying each business, owners and beneficiaries. This information helps the government on fighting the funding of money laundering, terrorism and other illegal activities.
What information do we collect?
When registering on our website you may be asked to enter your information or other details to help you with your account opening. This information can include but is not limited to your business name and address, telephone number, bank account, email address, tax identification number and personal information about the beneficial owners of your business.
To comply with legal and regulatory requirements additional information can be requested throughout the life of the account relationship and we may also collect information of the communications between you and Bancoli. By providing your data you consent to the storage and transfer of that data on our servers.
How do we track and collect information?
Bancoli automatically collects data regarding how you use and interact with our services through tracking technologies that can include cookies, web beacons, file information, flash objects, and other similar technologies. We will collect information about your device and its software, such as your browser type, IP address, internet service provider, platform and device type, operating system, date and time stamp and other similar information. We may also use one or more third party analytics services to evaluate the use of our services. These parties use cookies and other technologies to help collect, analyze, and provide us reports on the activity and analyze performance metrics. By accessing and using our services, you consent to the processing of data by these analytics providers.
What are cookies?
A cookie is a small text file sent by a web server that is stored on the hard drive of your computer or your browser so that it can be read afterwards. Cookies cannot read information from you on your computer or be used to steal information about you and are not virus carriers.
The cookies are a basic way for a server to identify you (most cookies identify the computer you are using at the time, not you personally). Cookies are used for many things from personalizing their home pages to facilitating online purchases. Cookies help recognize repeat visitors who access Web pages and operate an important function when you enter secure Internet banking. For your safety, we do not store any of your personal information in our cookies.
Do we use cookies?
Yes. Cookies are small files that a site or its service provider transfers to your computer's hard drive through your Web browser (if you allow) that enables the site's or service provider's systems to recognize your browser and capture and remember certain information. For instance, we use cookies to help us remember and process the items in your shopping cart. They are also used to help us understand your preferences based on previous or current site activity, which enables us to provide you with improved services. We also use cookies to help us compile aggregate data about site traffic and site interaction so that we can offer better site experiences and tools in the future.
Sharing your information
By default we are sharing Bancoli platform recorded user data to OliBank International Inc. and may also share your personal information with third parties and other service providers in an aggregated or anonymous form that does not necessarily identify you as an individual.
How do we protect and store your personal information?
We use safeguards to protect the integrity and security of all information collected through our services. Your information may be stored and processed in the United States or any other country in which Bancoli or its affiliates or service providers maintain facilities.
How to contact us?
If you have any questions regarding this privacy policy, please contact us at [email protected].