Collection of Personal Data
The TowardsSource collects such information that is necessary to provide the services you need, as well as with the aim of opening and carrying out deals with your assets, their security and protection of your privacy. To achieve these goals, the TowardsSource may collect some personal information from you, and in some cases, collect data from appropriate banking institutions and/or credit agencies and/or other sources which help us to obtain reliable information about your requirements and needs. The TowardsSource conducts such collection of information to provide the Client with the best service.
Information gathered by TowardsSource may include:
- Information from the registration form.
This is personal data that the Client provides to us in his/her application form for account registration. Such information may include full name, address, e-mail, date of birth, income and source of income, etc. This information is collected for simplification of the evaluation process, as well as communication with the Client.
- Information on transactions.
Data on the planned volume and value of transactions of the Client with TowardsSource, as well as data on the amount of income collected to create the economic profile of the Client.
- Information verification.
This includes documents to confirm the Client’s identity, such as an identity card, passport, or driver’s license. In addition, verification information includes referenced data we receive from the Client from public records or other persons not related to TowardsSource. The collection of this information is conducted to confirm the identity of the Client.
Use of Personal Data/Refusal
We use the personal data of the Client only to protect his/her confidentiality and improve the service quality. Your personal data enables us to provide better services, improve your user experience, inform you about new products, services, or special offers that are relevant to your needs. By creating an account at TowardsSource, you agree to the use of the above information for these purposes. If you do not wish to receive such information for any reason, please contact us by e-mail: email@example.com
Although any of the requested personal data is voluntarily provided by the Client, please note that failure to provide such information may cause the impossibility to create your account in TowardsSource or inability to provide certain services.
We do our best to keep all your personal data relevant, complete, true, and accurate. Therefore, we strongly encourage you to notify us immediately of any changes in your personal data.
Protection of Personal Data
Any personal data you provide is confidential and shall be distributed only inside TowardsSource and its affiliates. We do not send your data to third parties, except in the cases of any regulatory or legal proceedings. Personal data that you provide when registering on the site is protected by the multilevel security system. The user gets access to personal data with the help of their individual password. Your password is encrypted, and only you know it. Personal registration information is stored on secure servers, access to which has only personnel authorized by a special password. We encrypt all personal data of users that is sent to us and thus protect it from unauthorized examination by third parties.
Affiliates and Partners
The TowardsSource may exchange data with affiliates and partners if this data is necessary for such affiliate:
- To offer relevant and required additional similar services or products that meet your needs (in cases where you have given your permission to do so);
- Account Maintenance.
Non-affiliated Third Parties
The TowardsSource does not provide personal data to third parties under any pretext except those that are defined by this Statement. The TowardsSource reserves the right to provide information, if necessary, to credit reports or agencies for collecting payments that are part of our service. To offer better service, we may engage third parties to perform our internal functions, such as customer support and service, application processing, service quality control, and other activities of collecting information regarding the interaction of the Client with the TowardsSource.
Data can also be used to receive legal, financial recommendations by the TowardsSource from professional consultants and specialists.
Information about Clients cannot be and will not be used for any purposes other than those listed in this Statement.
All third parties that receive information from TowardsSource are obliged to protect the provided data by applicable law, the same way as TowardsSource shall protect personal data. We do not disclose personal data to those third parties that, in our opinion, cannot provide a sufficient level of data security.
If you have provided us with Business Introducer this Business Introducer may have access to your personal data. By this action, you unequivocally and unambiguously consent to the exchange of information with such a Business Introducer. You consent to the possible transfer of the provided information outside the European Economic Zone to provide you with the necessary services.
The TowardsSource reserves the right to disclose the information to third parties if this is required by law enforcement, legal, regulatory, or other state authority of competent jurisdiction to protect our rights and/or comply with the order of legal proceedings. This disclosure is based on the “need-to-know” unless otherwise provided by regulatory or other state authorities. In such situations, we clearly warn the third party regarding the confidentiality of the information provided.