Privacy Statement - Trade finance India

1. General Information
With the following information we would like to inform you about the processing of your personal data by TRADE FINANCE INDIA . TRADE FINANCE INDIA is committed to protecting your personal privacy and the personal privacy of persons affiliated to you. All personal data processed by us, will be processed in accordance with applicable laws and be governed by data policies and procedures. The purpose of this privacy statement is to inform you about the personal data that we collect, how we use it, with whom we share it, what your rights are, how you can contact us. Which data are processed in detail and how they are used depends largely on the services requested or agreed in each case. This privacy statement sets out the basis on which the personal data collected from you, about you, or that you provide to us, will be processed by us in connection with our website reachable under www.tradefinanceindia.com and in connection with our marketing and sales activities.

You can access this information at any time on our website in the current version at www.tradefinanceindia.com/privacy-statement.

2. About TRADE FINANCE INDIA , responsibility and contact information

TRADE FINANCE INDIA is a Indian Company (MBX Business consulting Private Limited) ). (TRADE FINANCE INDIA , We, Us, Our). Authorised representatives of TRADE FINANCE INDIA are Arun Agarwal. For Marketing & Sales activities relating to Seller Financing, TRADE FINANCE INDIA . is the controller of the personal data and responsible for the processing of personal data. For Marketing & Sales activities relating to Buyer Financing, TRADE FINANCE INDIA is the controller and the responsible entity. TRADE FINANCE INDIA is the data controller for data processing activities that relate to your use of the TRADE FINANCE INDIA website. TRADE FINANCE INDIA can be reached via email at hello@tradefinanceindia.com .

3. Information on Data Processing

1. Website Data

The following personal data are regularly processed by us when users visit our website. We only process personal data of our users if this is necessary to provide the proper functioning of our website. When you access our website, your browser or mobile phone automatically transmits the following data for technical reasons:
 Date and time of access;
 Browser type/version;

 Operating system used;
 Resource retrieved;
 Quantity of data transmitted; and
 The user’s IP address.
This data (Website Data) is stored exclusively for technical reasons and is not assigned to any person at any time. The data is also stored in the log files of our system. The data is stored in log files to ensure the website’s functionality. The data is also used to optimise the website and to ensure the security of our information technology systems. No evaluation of the data for marketing purposes is undertaken in this context. This data is not stored together with other personal data of the user. We also make use of cookies. We refer to the chapter on cookies in our terms of use (which can be found at www.tradefinanceindia.com/terms-of-use), for information on how we use cookies and data protection aspects thereof.

2. Sales and Marketing data

We process certain personal data for sales and marketing the purposes, including to offer you a better customer experience and to ensure that marketing material we send  to you is appropriate for you. Although our product offering is aimed at corporate customers, we may need to process personal data of employees, directors, shareholders and other affiliated natural persons related to our corporate customers for sales and marketing purposes. The data we thus process (Sales and Marketing Data) includes basic identification and contact details (e.g. name, company, telephone number, email address), information about your existing customer relationship with TRADE FINANCE INDIA (e.g. billing information), information derived from the use of cookies (see www.TRADE FINANCE INDIA .com/terms-of-use for more information), information obtained by you reaching out to us via email or by you expressing an interest in our offerings by using our online contact form. If you contact us by e-mail or via the contact form, the personal data that you transmitted will be automatically stored. The personal data transmitted to us on a voluntary basis will be stored for the purposes of contacting you and providing information about our offerings. For technical reasons log files containing information about the usage of the tools on the website are created. The data in log files is not transferred to third parties. We typically process such Sales and Marketing Data to safeguard our legitimate interests in accordance with Article 6(1)(f) GDPR. The legitimate interest for the collection of the Sales and Marketing Data lies in carrying out our business, including to grow and improve our products and services. The processing of Sales and Marketing Data is necessary to carry out sales and marketing activities. It should be noted that our target customers are businesses. As such, we will only process personal data of persons affiliated with such businesses to engage with such business customers and not process their data for any other purposes. Given the nature of the Sales and Marketing data and that such data may be expected to be used for sales and marketing activities by TRADE FINANCE INDIA , the impact on your privacy should be limited. Should your rights and interests outweigh our legitimate interests and

should we become aware of that, we will cease processing the Sales and Marketing Data involved. The legal basis for processing the data transferred in the course of sending an email or using the contact form is Article 6(1)(f) GDPR. If the email contact aims at the conclusion of a contract and in case of the submission of the contact form, then an additional legal basis for the processing is Article 6(1)(b) GDPR. The legitimate interest for the collection of the log files lies in ensuring the proper functioning of the website. All additional personal data processed during the sending process is for preventing the misuse of the contact form and to ensure the security of our information technology systems. If we are required by law to obtain your consent before sending direct electronic marketing messages to you (such as via email, text or whatsapp), as for example is required in certaincircumstances pursuant to the national  implementation of Article 13 of the E-Privacy Directive (Directive 2002/58/EC), we will obtain your consent before sending you such messages. In such circumstances, we will only process Sales and Marketing Data after having obtained your consent on the basis of Article 6(1)(a) GDPR. This means that in that case we do not process Sales and Marketing Data on the basis of our legitimate interests. For the avoidance of doubt, the telecommunications act does not require that we obtain your consent if you are based outside the European Economic Area. In such case, we will comply with rules and regulations on direct marketing in your country. Where we base the processing of Sales and Marketing Data on your consent, in addition to the rights mentioned in paragraph 7 below, you have the right to withdraw your consent at all times. If you wish to withdraw your consent, you can reach out to us via  data protection@TRADE FINANCE INDIA .com .

4. Recipient of Data

Within TRADE FINANCE INDIA , those persons who need your data to fulfil our contractual and legal obligations have access to it. We will only transfer your data to third parties if we are authorised to do so under data protection law (e.g. in accordance with the above-mentioned legal provisions). Your data may also be passed on by us to external service providers, who support us in data processing within the framework of our business relationship in accordance with strict instructions. Under these conditions, recipients of personal data may be:
o TRADE FINANCE INDIA group companies
o public authorities and institutions, in case of a legal or official obligation;
o credit bureau or other credit related institutions with whom we cooperate;
o financial service institutions with whom we cooperate;
o service providers to which we transfer personal data to support our business processes, such as:
 the providers of certain cloud services;

 Email marketing platform
 Zoom, Company which is service provider offering a meeting scheduling tool that we use to enable customers, potential customers, business partners, and service partners to schedule meetings with us; and
 ZoHo, Company which is a service provider offering a Customer Relationship Management system that we use to keep customer contact details up to date, track customer interactions, and manage customer accounts; and o other service providers to which we transfer personal data as part of our business processes.

2. Data Transmission to Third Countries

We only transfer your data to countries outside India or your home country, if this is necessary for the execution of your orders (e.g. payment and securities orders), if there is a legal obligation (e.g. tax reporting obligations or the requirement to do Know Your Customer-checks locally in a third country), you have given us your consent or in the context of data processing..

3. Storage Time

Website Data will be deleted as soon as it is no longer necessary to achieve the purpose for which it was collected. The storage of Website Data in log files will be ended after 90 days at the latest. Sales and Marketing Data will be deleted as soon as the storage is no longer necessary to achieve the purpose for which the data was collected, for example if there is no reasonable prospect that we will be able to offer our products and services. When we enter into a contract, the relevant data will no longer be considered Sales and Marketing Data, and you will receive a separate privacy statement that we send to our customers. The above does not apply if the deletion conflicts with retention periods under applicable laws (such as tax laws of anti-money laundering laws). In addition, we also store data to preserve evidence under the statute of limitations.
information from credit bureaus.
Last updated: March, 2020
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