PRIVACY POLICY

At Formonix Fin, we are committed to protecting the privacy and confidentiality of our users’ personal information. This Privacy Policy outlines how we collect, use, store, and disclose information when you use our website or engage with our financial services. To better understand our practices regarding your personal data, we encourage you to read this policy carefully.

Information Collection:

Personal Information: We may collect personal information, such as your name, email address, contact number, and other relevant details when you interact with our website or services.
Financial Information: In order to provide financial services, we may collect and process financial information, such as bank account details, income, credit history, and other financial data necessary for our services.
Usage Data: We may collect information about how you use our website, including your IP address, browser type, device information, and browsing patterns. We use this data to improve our website and provide a better user experience.

Use of Information:

Personalization: We may use the collected information to personalize your experience and provide tailored financial services that match your needs.
Service Delivery: The information collected enables us to deliver our financial services, process transactions, and respond to your inquiries effectively.
Communication: We may use your contact information to send you relevant updates, newsletters, promotional offers, or important notices regarding our services.
Security and Fraud Prevention: Collected data helps us monitor and prevent fraudulent activities, ensure the security of our services, and protect the interests of our users and the company.

Information Sharing:

Third-Party Service Providers: We may engage trusted third-party service providers to assist us in delivering our services effectively. These providers are bound by confidentiality obligations and only process data as instructed by us.
Legal Compliance: We may share your information when required to comply with applicable laws, regulations, legal processes, or enforceable governmental requests.
Consent: We will obtain your explicit consent before sharing your personal information with third parties for purposes other than those mentioned in this Privacy Policy.

Data Security:

We employ industry-standard security measures to protect your personal information from unauthorized access, misuse, alteration, or loss.
We regularly review and enhance our security practices to ensure the confidentiality and integrity of the data we collect.

Data Retention:

We retain personal information only for as long as necessary to fulfill the purposes outlined in this Privacy Policy or as required by law.
If you no longer wish to have your information stored, you may request its deletion as per our data retention practices.

Your Rights:

Personal information about you can be accessed, updated, corrected, or deleted at any time. By contacting us directly, you can exercise these rights.
If you do not wish to receive marketing communications from us, you can opt-out. Follow the unsubscribe instructions in our emails or contact us directly to unsubscribe.

Changes to the Privacy Policy:

We reserve the right to modify or update this Privacy Policy at any time. Any changes will be effective upon posting the updated policy on our website. We recommend periodically reviewing this policy for any updates.
If you have any questions or concerns regarding our Privacy Policy or the handling of your personal information, please contact us at enquiry@formonixfin.com
Last updated: 31/05/2023
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