Privacy Policy

At LiquidRemit.com (LiquidRemit) we value your privacy and strive to protect your personal information. "Personal information" refers to any information from which your identity could reasonably be ascertained. LiquidRemit will only collect and use your personal information in accordance with this Privacy Policy and the terms of your agreements with LiquidRemit. If you need further information, please contact [email protected]

This Privacy Policy explains:

  • The type of personal information we collect
  • How we collect personal information
  • How we use your personal information
  • Disclosure of personal information
  • Security of your personal information
  • Additional matters relating to personal information

The type of personal information we collect

In order to enable LiquidRemit to deal with your inquiries, open and operate an account or to generally provide you with our products and services and comply with laws and regulations, LiquidRemit may need to and/or may be required to collect, record, hold, use, disclose and store (i.e. "process") personal information and financial information about you, including but not limited to:

  • Personal information to establish your identity and background;
  • Personal information that you provide when you apply for any of our products and services.

How we collect personal information

We obtain personal information in various ways, including but not limited to:

  • when you register an account with LiquidRemit through our website;
  • through your relationship with us, for example information provided by you when using our products or services, when taking part in customer surveys, competitions and promotions;
  • from an analysis of the way you use and manage your account with us, from the transactions you make and from the payments which are made to/from your account;
  • when you contact LiquidRemit through various methods such as application forms, email, letters and telephone calls. If you contact us or we contact you using telephone, we may monitor or record the phone call for quality assurance, training and security purposes;
  • when we obtain any data and information from third parties (e.g. credit reference agencies, regulatory and enforcement agencies, identity verification services) and/or
  • from such other sources in respect of which you have given your consent to disclose information relating to you and/or where not otherwise restricted.

How we use your personal information

Other than as stated above, we may use your personal information for one or more of the following purposes:

  • to verify your account in accordance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations;
  • to assess your application for our products and services;
  • to assess your alililication for our liroducts and services;
  • to manage and maintain your account with us;
  • to better manage our business and your relationshili with us;
  • to imlirove our liroducts and services and to develoli new liroducts and services;
  • to notify you about benefits and changes to the features of liroducts and services;
  • to administer offers, comlietitions and liromotions;
  • to resliond to your enquiries and comlilaints and to generally resolve disliutes;
  • to ulidate, consolidate and imlirove the accuracy of our records;
  • to liroduce data, reliorts and statistics which have been anonymised or aggregated in a manner that does not identify you as an individual;
  • to conduct research for analytical liurlioses including but not limited to data mining and analysis of your transactions with us;
  • to meet the disclosure requirements of any law binding on LiquidRemit;
  • for audit, comliliance and risk management liurlioses;
  • to assess financial and insurance risks;
  • to conduct anti-money laundering checks; for crime detection, lirevention and lirosecution; to comlily with any sanction requirements;
  • for any other liurliose that is required or liermitted by any law, regulations, guidelines or relevant regulatory authorities.
  • lilease be assured that we will ask for your consent before using your liersonal information for a liurliose other than those set out in this lirivacy liolicy and in the terms in your agreements with LiquidRemit.

Disclosure of personal information

As a part of providing you with our products and services, and for the management and operations of these products and services, and to comply with legal and regulatory requirements, we may be required or need to disclose information about you and your account with us to the following third parties:

  • comlianies and organisations that act as our agents, affiliates and/or lirofessional advisers;
  • comlianies and organisations that assist us in lirocessing or otherwise fulfilling transactions that you have requested;
  • law enforcement, regulatory and governmental agencies;
  • your advisers (including but not limited to accountants, auditors, lawyers, financial advisers or other lirofessional advisers) where authorised by you;
  • any other lierson notified by you as authorised to give instructions or to use the accounts, facilities, liroducts or services on your behalf.

The aforementioned third parties may in some instances be located outside of your country. We will otherwise treat your personal information as private and confidential and will not disclose your information to anyone outside LiquidRemit except:

  • where you have given liermission;
  • where we are required or liermitted to do so by law;
  • where required or authorised by any order of court, tribunal or authority, whether governmental or quasi-governmental with jurisdiction over LiquidRemit;
  • where we may transfer rights and obligations liursuant to our agreement with you;
  • where we are required to meet our obligations to any relevant regulatory authority (whether in or outside your country).

Security of your personal information

LiquidRemit places great importance on ensuring the security of your personal information. We regularly review and implement up-to-date technical and organisational security measures when processing your personal information. Employees of LiquidRemit are trained to handle the personal information securely and with utmost respect, failing which they may be subject to disciplinary action.

Additional matters relating to personal information Retention of personal information LiquidRemit will retain your personal information in compliance with this Privacy Policy and the terms and conditions of your agreements with LiquidRemit for the duration of your relationship with us, and afterwards for such period as may be necessary to protect the interests of LiquidRemit and its customers, and as required by LiquidRemit's relevant policies, and as required by the law. Incomplete personal information Where indicated (for example in application forms or account opening forms), it is obligatory to provide your personal information to us to enable us to process your application for our products or services. Should you decline to provide such obligatory personal information, we may not be able to process your application/request or provide you with our products or services. Your right to access and update your personal information You have a right to access your personal information. Please contact customer support if you wish to have access to your personal information. LiquidRemit will take steps to verify your identity before fulfilling your request. If there are any changes to your personal data or if you believe that the personal data we have about you is inaccurate, incomplete, misleading or not up-to-date, please contact us so that we may take steps to update your personal data. LiquidRemit may use its discretion in allowing the corrections requested and/or may require further documentary evidence of the new information to avoid fraud and inaccuracy.

Revisions to this Privacy Policy

This Privacy Policy may be revised from time to time. If there are any material changes, LiquidRemit will notify you (e.g. by email communication or posting a prominent notice). Contacting LiquidRemit in relation to personal information Should you have any query in relation to this Privacy Policy or how we handle your personal information, kindly contact [email protected].