In this policy, the terms “we”, “us”, “our” refer to Nedsom Financial Services, the “controller”, a foundation under Dutch law, registered in the Chamber of Commerce under number 32088878 and registered at Kamp 71, 3811AP Amersfoort. The terms “you” and “your” refer to you, our customer and also the data subject whose personal data are processed.

We are committed to protecting and respecting your privacy. This privacy policy explains what information we collect about you or you provide to us, what we use it for and who we share it with, in accordance with the General Data Protection Regulation (GDPR). The privacy policy also describes your rights and how you can contact us for more information. Please read the following carefully to gain insight into our principles and working method regarding your personal data and how we handle it. Keep an eye on this page to stay informed of changes and updates regarding our privacy policy.

The personal data we collect and process may include the following data:

Our main purpose for collecting information is to provide you with a smooth, safe and efficient service. We also have this information for the following reasons:

In order to comply with our legal obligations, we are required to collect your personal information. We need this information to verify your identity. Furthermore, we are legally obliged to keep the transaction data and communication with you for a certain period of time.

We process your personal data and from relevant third parties to fulfill our agreements with you and to offer our services in the best possible way. For example, we need this information to process your transaction and to collect your payment.

We process your personal data and from relevant third parties to fulfill our agreements with you and to offer our services in the best possible way. For example, we need this information to process your transaction and to collect your payment.

We take the protection of your data seriously and take appropriate measures to prevent misuse, loss, unauthorized access, unwanted disclosure and unauthorized modification. For example, when you enter your bank details, this data is always encrypted.

Personal data that you provide through our website or app is sent to and stored on secure servers owned or managed by us in the European Economic Area (EEA). Such data may be sent to or stored at a destination outside the EEA and may also be processed by partners outside the EEA who work for us or for one of our service providers. Such transfers may be made to provide our services, improve our service, or assist in our security and fraud protection activities.

When recipients are located outside the EEA, we will ensure that they provide an adequate level of protection for your personal data or that the transfer is permitted on the one hand under applicable data protection laws, e.g. by using standard contractual clauses approved by the European Commission, by relying on a relevant adequacy decision from the European Commission or on other legal grounds in accordance with applicable law.

The duration of storage may vary depending on the purpose for which your data is used. We will only keep the information we collect about you for as long as necessary for the aforementioned purposes, or as required to comply with legal obligations imposed on us. In general, we are required to keep our customer records including all information for up to five years after a customers most recent transaction.

You always have the right to:

You can always contact us regarding these rights. Please note that there are certain exceptions to which you cannot invoke certain rights, by laws and regulations that apply to regulated financial institutions like us.