Privacy Policy
Last update: 30/9/22
We (referred to as "We," "Us," or "Our") are dedicated to protecting your personal information and respecting your privacy.
This Privacy Notice is crafted to enlighten you about how we gather and keep the data you submit via the website Sona VaultAI (referred to as the “website”).
These guidelines shall be upheld:.
- To be open about how personal data concerning you is gathered and handled:
We aim for you to be equipped to make knowledgeable decisions about personal data use and handling. Our website was established for this purpose. To achieve this, we utilize a variety of strategies and processes to offer you pertinent details about personal data usage.
Should we determine that you need specific information, we will furnish details to you at the right date and time.
We are pleased to address any inquiries you might have and will offer the necessary clarifications concerning legal restrictions. You can contact us by email at this address: info@ Sona VaultAI .com.
- Private information will be utilized solely for the aims outlined in the policy.
We may handle your personal information for various reasons, including providing access to our website, linking you with external trading platforms (the 'Services'), improving the site, securing our rights and interests, supporting the upkeep and delivery of services, fulfilling regulatory or legal requirements, and managing administrative and business tasks to aid in the use and provision of the services.
We handle your personal information to gain a deeper insight into your preferences and requirements.
- Utilize vital resources to safeguard your entitlements regarding personal data protection.
To support the exercise of your rights, we have ample resources ready. Reach out anytime to request information about your personal data. We will update or erase it, halt its use for certain or all purposes, and transfer the data to you or another entity. We are prepared to fulfill your requests.
- Protect your confidential information:.
Although we cannot promise absolute security for your personal information, we assure you that we will persist in utilizing a range of strategies and tools to safeguard your personal data.
Our comprehensive policy ensures privacy and security.
1. The Scope?
This document outlines how the company gathers personal information on individuals, handles and disseminates it to outside parties, safeguards procedures, and similarly.
This document addresses data related to a specific or potentially specific living individual. An identifiable individual can be described as someone who can be pinpointed directly or recognized through a combination of additional data we possess or can access.
The Policy characterizes "processing" as any procedure that involves utilizing or collecting personal data. This encompasses the handling, organization, and preservation of personal data.
Our offerings are aimed at a broad audience and are not suitable for individuals younger than 18. We do not intentionally collect or solicit data from those under 18 years old. We do not knowingly permit these individuals to access our services. Should we become aware of any child-related data, we will promptly remove it.
2. What information do we hold about you personally?
When you engage with our service or browse our website, we gather your personal data. Your personal information may be requested at times. Alternatively, we collect it by examining usage patterns of our services or service avenues, or by obtaining details from our third-party associates.
3. You are not obligated to provide personal details to the company, nor face any repercussions.
However, there's no requirement for you to share personal information with us. Yet, in some cases, you might not need to disclose any details. This might prevent us from delivering services or restrict user access to the website.
4. What types of personal data can we collect? Upon accessing our site, we will gather your personal details, including the following: .
This encompasses details about your digital activity records, data on your web traffic (including the IP address, the date and time of entry, and the date the entry occurred), the language selected, application failure logs, the type of web browser employed, as well as specifics about the device you used. The gathered information is not personal and cannot be used to identify you.
Personal Information We collect from you: Any details you voluntarily give us when you engage with a third-party online trading platform through our service.
Personal details you share with third-party services for transaction purposes: this data includes your full name, residential address, contact number, and email information.
5. The lawful foundation and the justifications for handling personal information.
The company handles your personal information in line with the purposes laid out in this section, complying with the applicable legal framework.
Without a lawful foundation, the business cannot handle your personal details. The legitimate basis that allows the company to manage personal information related to you includes:
- You have permitted the handling of your personal information for one or more purposes. This occurs when you provide personal data through the website so that we may forward it to an external trading platform.
- The organization or an external party may need to process data to satisfy their rightful interest. For example, enhancing our offerings or contesting legal disputes might be essential.
- Processing must fulfill a legal requirement.
Reach out to us through email for further information about the measures needed to protect our legitimate interests.
Outlined below are the justifications and legal bases for utilizing the details you furnish us with. Personal information.
To share your private details with external entities at your request to obtain entry to digital trading.
Should you inquire, we might collect your personal information to pass it on to external firms.
You have agreed to the handling of your personal information for various purposes.
To address your inquiries, personal information is required to assist in responding to any queries you may have about the offerings.
The company's valid interests or those of another entity must undergo processing.
To fulfill any legal duty or administrative, judicial, or legal obligation, personal data is handled to satisfy legal mandates.
To meet legal requirements, handling is necessary.
To Improve Our Services Personal Information may be utilized by us to refine Our Offerings. This encompasses, among other aspects, any error or failure reports that we gather concerning the services.
The company's legitimate needs or those of a third party require handling.
Preventing Misuse and Fraud in Our Services
To execute and oversee tasks aligning with our service criteria, these undertakings encompass administrative operations, growth initiatives, strategic choices, supervisory processes, and more.
The company's valid interests or those of another party require handling.
For decision-making across various matters, we utilize diverse analytical methods, including those of a statistical nature, to perform assessments.
The company’s valid concerns or those of a third entity require handling.
To Protect Our Resources, Entitlements, and Interests alongside Those of Others, We've Implemented HTML0 to Assert and Defend Legal Claims. Personal Data could be Handled by Us to Safeguard Our Entitlements, Interests, and Resources, or Those belonging to Third Parties, in Accordance with Relevant South African Laws, Regulations, or Agreements along with any Conditions, Terms, or Policies.
The company's valid interests or those of a third party require processing.
6. Exchange of Personal Information with External Entities
The firm may also share personal data with external parties, like hosting and storage providers, who supply us services such as IP address details and the evaluation of user interactions.
You can request us to transfer specific personal information about you to third-party trading services. In these cases, we will relay your personal information you give us to third-party trading services. The handling of your personal information follows their privacy guidelines. Your details may be distributed to several trading services.
The organization might have the capability to disclose personal information to affiliated firms or corporate collaborators. This enables the company to acquire the necessary resources to refine and elevate the products and services offered to its clientele.
Should it become necessary to protect third-party rights or company assets, the Company may share personal information with South African authorities or other official bodies.
We might also, furthermore, disclose your personal information to prospective investors, purchasers, or financiers linked to our company or affiliated entities during such transactions. This includes transferring or selling assets of our company or any affiliated enterprise, or as part of any merger, restructuring, consolidation, or insolvency proceedings for the company or other businesses in the group.
7. Third-party cookies and services.
External vendors, like those providing ads on our site or analytics firms, might be engaged. These firms may also employ cookies or other technologies.
Each time you visit or access the website, small text files known as cookies are stored on your device. These cookies collect information on your preferences and web activities to enhance your user experience, remember your settings, and tailor products and services for your enjoyment. They also serve purposes like gathering statistics and conducting analytical tasks.
Some cookies that we use are session cookies, which are briefly stored on your device and expire when you close your browser. In contrast, there are persistent cookies. These remain on your device even after your browser is closed. They help the website recognize returning visitors, enabling easy access for users revisiting the site.
Types of cookies:
They might be utilized by us in accordance with their intended use.
Cookies are completely essential.
These cookies are essential for you to access the features you requested and to move around our website. Cookies help deliver the details, offerings, and services you have sought from us.
Your device needs them to download and stream information, enabling you to explore the site, access its functions, and revisit pages you've seen before.
Cookies gather information like your username and the last sign-in date to verify your access to the website.
They disappear once you shut your browser (session cookies).
Cookies for functionality
Cookies enable us to identify you whenever you return to our site and to store your choices and selections.
They persist until the expiration date and remain stored even if the browser is closed.
Performance-enhancing cookies
Cookies serve to collect statistical information on the website's performance and assist in its improvement. They also allow us to conduct website analysis.
Cookies hold anonymous information that isn't linked to any recognizable or recognized individual.
They can be deleted once you close your browser. Some cookies last indefinitely.
Cookies are either disabled or erased.
To manage or delete cookies, you'll need to adjust your browser's configurations. Below are links to guide you through the steps for some of the most popular browsers.
- firefox
- Microsoft Edge
- Google Chrome
- safari
Be mindful, though, that if this occurs, some or all of the site's features and operations may not work as you anticipate.
ONLINE TRACKING NOTICE
This service presently does not acknowledge do-not-track requests.
8. The Storage of Your Personal Information.
The Company aims to keep your personal information for as long as necessary to achieve the purposes outlined in this policy, or for extended durations as allowed by South African laws, regulations, guidelines, and relevant directives.
We will provide your details to third-party trading platforms for a duration of 12 months. With your consent, this sharing will be extended for another year.
We frequently assess the Personal Data retained to confirm it is no longer necessary.
9. Movement of personal data to a foreign nation or an international entity.
Your private data might be relocated to different nations, which means your personal details could be transferred to a country other than where you currently live, or possibly to global entities. International entities or regions. The company undertakes all required measures to safeguard the personal information you provide, ensuring that individuals can exercise their rights and access effective legal remedies.
These measures and protections are available to everyone living in the RSA (Republic of South Africa).
- Transfer to a third-nation or international entity recognized by the EU Commission as offering sufficient protection for personal data, as per article 45 (3) of Regulation 2016/679, enacted by the European Parliament and Council on April 27, 2016. (the “GDPR”).
- The handover occurs under a binding and enforceable contract between governmental bodies or authorities in accordance with South Africa's Article 46 (2) (a).
- The transfer complied with standard data protection clauses sanctioned by the South African Commission under Article 46 (2) (c) of the GDPR. The clauses ratified by the South African Commission are accessible at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.
The organization is able to share details regarding the protective protocols it uses to secure your personal information when it's shared with foreign countries or global entities. To inquire, please send an email to: info@wealthwaydigital.za .
10. Safeguarding Individual Information The protection of your private details is a priority for us. We use robust security measures to guard against unauthorized access, use, or disclosure. Our security protocols are designed to comply with the regulations and standards applicable in South Africa, keeping your data safe.
We have implemented suitable measures, both organizational and technical, to protect personal data. This involves preventing accidental or unlawful destruction, loss, or alteration of such information.
We cannot promise or guarantee that your personal data's security will be error-free. We are also not liable for intangible, incidental, or consequential damages resulting from data use or exposure. This encompasses, but is not limited to, personal data leaks due to transmission mistakes, unauthorized access by others, or any factors outside our control.
Should we encounter legal duties or other uncontrollable obligations, we may need to share your personal information with entities like public authorities. We cannot ensure how third parties will protect your personal data in such scenarios.
It is impossible to transfer personal information over the web with complete safety. The Company cannot guarantee the protection of personal data you send to us via the Internet.
11. Links directing to third-party web pages.
The website offers links to external sites and applications. These do not fall under the company's oversight. We bear no responsibility for how these sites or apps collect or handle personal information. This Policy does not cover activities conducted through these third-party platforms.
Before using any third-party sites or applications we suggest, please review their privacy policies to decide whether to use their services. Additionally, consider carefully before sharing personal information with them.
12. Changes to this Policy.
This Policy may be altered at any moment. Should we revise this policy, we will inform you by displaying the updated version on our website. Furthermore, when we implement major changes, we will strive to alert you in ways we deem suitable and will issue a notice on our website. Unless specifically stated otherwise, any revisions will take effect once the revised policy is published.
13. Your entitlements concerning your personal details.
You have the right to ask us to confirm the correctness of personal information collected about you, amend any errors, and remove personal data that we do not need. Additionally, you can limit the range of processing activities on your personal data.
For those living in South Africa, kindly visit this link: .
You have the ability to access these entitlements concerning the details you submit regarding your personal information. To initiate your rights, kindly send an email to the address provided below.
Access rights
The organization can confirm the correctness of your personal information being processed. If so, you can gain access to your personal data.
The organization aims to provide a digital version of the personal information currently under processing and may impose a fair fee for any extra copies. If requested, the information will be delivered in electronic form.
The entitlement to access personal data must not interfere with the freedoms and rights of others. Should the demand harm another's rights or freedoms, the company may deny the request or restrict its ability to satisfy it.
Entitlement to correction.
The Company has the right to amend inaccurate personal data. You have the right to request that any incomplete personal information about you be corrected, considering the purpose of processing.
Right to Erasure
The following reasons apply: (a) Personal data are no longer needed for the original intent for which they were acquired or handled; (b) Consent is withdrawn, leaving no legal grounds for processing; (c) You object, at any moment, due to a reason unique to your situation, to personal data processing based on legitimate interests pursued by us or a third party; (e) Personal data are processed unlawfully or (f) Data must be deleted to comply with the company's legal obligation.
This right cannot be exercised if the processing is required (a) to comply with a legal duty mandated by the laws of South Africa or its legal system; or (b) to establish, assert, or protect legal claims.
Handling limitations
If you're worried about how precise your personal information is, you can request the company to restrict the handling of your data.
Should you request the restriction of personal data, it can only be retained if you provide consent, to establish, exercise, or defend legal claims, to safeguard another individual's rights, or due to a substantial public interest in South Africa or one of its provinces.
Entitlement to transferability of data.
If an automated system conducts the process and it's linked to a consent or contract you're part of, you possess the legal right to access and examine your personal data submitted to the company.
You have the right to request that your personal information be directly transferred from the business to another data handler, if it is technically possible. Exercising your data transfer rights does not alter your rights to data deletion. The ability to move your data doesn’t affect others' rights or freedoms.
Right to challenge
You have the right to object at any time to the handling of your personal data when it is grounded on the legitimate interests of the organization or another party. This includes any profiling resting solely on these legitimate interests. If we can demonstrate compelling legitimate reasons to use your personal data, processing will only cease if you can prove that your rights, freedoms, or interests take precedence, or if it involves the action, establishment, or defense of lawful claims.
Regarding targeted marketing, you always have the right to object to the handling of your personal data.
Authority to decline permission.
You are able to withdraw your agreement for us to handle your personal data at any time. This will not impact the validity and legality of processing that occurred based on your permission before the withdrawal.
You have the right to file a grievance with the governing body overseeing your activities.
You may submit a complaint to a regulatory body established by a member nation to protect the basic rights of individuals concerning the handling of personal data within South Africa.
South African laws and regulations may restrict your rights concerning your personal data, as outlined in this section 13.
We shall supply you with the necessary details aligned with the entitlements outlined in section 13 of this contract within one month after receiving your inquiry. If required, this period may be prolonged up to two months based on the complexity and volume of inquiries. You'll be informed of any delay and the rationale within one month of receiving your inquiry.
Provided it does not conflict with section 13 of the statute, the details you request according to your entitlements under section 13 will be supplied without charge. If the request lacks merit or is burdensome, especially if repeated, we may levy a reasonable fee to offset the costs involved in supplying the information or fulfilling the requested action. We also reserve the right not to respond.
If we are uncertain about the true identity of the individual submitting your application, the firm may request additional details.