Privacy Policy

Last updated: August 5, 2025

This Privacy Policy outlines how SevenSeas ("we", "us", "our") collects, uses, and safeguards your personal data when you use our fintech web banking services.

1. Company Information

SevenSeas is a fintech company based in Cyprus, providing services internationally.

2. Information We Collect

We collect the following personal information:

• Full Name
• Email Address
• Phone Number
• Residential Address
• Bank Account Information
• Identification Documents
• Access to Your Contacts (with your explicit permission)

We do not collect biometric data, location data, or track you via cookies or analytics tools.

3. Use of Information

Your personal information is used for:

• Creating and maintaining user accounts
• Compliance with legal and regulatory obligations
• Verification and integration with authorized third-party services (e.g., KYC, payment platforms)
• Enhancing user experience by identifying known contacts who are also using SevenSeas, or for contact-based payment features

4. Access to Contacts

With your explicit consent, we may access your contact list to:

• Identify which of your contacts are already using SevenSeas
• Allow you to initiate payments or invite contacts

Your contact data is processed securely and is never shared with third parties for marketing or other unrelated purposes. You may revoke contact access at any time via your device settings.

5. Sharing of Information

Data may be shared with selected third parties, such as:

• KYC and AML service providers
• Payment and transaction processors
• Government and regulatory authorities when required by law

6. Your Rights

You retain full rights over your personal data, including the ability to:

• Access your stored data
• Request updates or corrections
• Request data deletion or anonymization
• Withdraw consent (including contact access) where applicable

To exercise these rights, please contact our Data Protection Officer.

7. Data Security

To protect your information, SevenSeas implements:

• Two-Factor Authentication (2FA)
• Encrypted transmission and storage
• Secure EU-based server infrastructure

8. International Data Transfers

All user data is securely stored and processed within the European Union (EU).

9. Children’s Privacy

SevenSeas does not offer services to individuals under the age of 18, and we do not knowingly collect data from minors.

10. Legal Compliance

We operate in accordance with applicable data and financial regulations, including:

• General Data Protection Regulation (GDPR)
• CESOP
• FATCA
• CRS
• BAR regulations

11. Policy Updates

We may update this policy periodically. Users will be notified of significant changes through the platform or email.

12. Contact Us

For privacy-related questions or data access requests, please contact our Data Protection Officer:

Email: [Insert DPO email address]
Phone: [Insert contact number]