OUR COMMITMENT TO YOU
Your personal and financial data are your private information. You expect us to act responsibly and in your best interest. Lyncster holds to the highest standards in the safekeeping and use of private information, and does not buy or sell customer or prospective consumer information.
THE INFORMATION LYNCSTER COLLECTS ABOUT YOU
You provide personal information when you complete a Lyncster Account Application. You provide information when you engage in transactions through Lyncster. You provide personal information when you request information about Lyncster.
Lyncster may receive your personal information indirectly on the basis of your authority to third parties to provide data. We may obtain personal information from third parties to verify your identity, prevent fraud, meet regulatory requirements or help Lyncster identify services that may benefit you.
Personal information collected from any source may include your name, address, date of birth, mobile number, email, occupation, income, source of funds, affiliation with entities, bank accounts, etcetera. The personal information provided by you will be securely stored.
Lyncster.com has features that use “HTTP cookies” and similar data files. HTTP cookies are tiny pieces of data stored on your browser. Very limited use is made of these data files. Lyncster does not use them to pull information from your computer, to learn e-mail addresses, or to view data files created by other websites. Lyncster will not share the information in these data files or give others access to it, except to help us better serve your needs. When you visit Lyncster.com, it may collect technical and navigational information, such as computer browser type, internet protocol address,
pages visited, and average time spent on Lyncster.com. This data may be used, for example, to alert you to software compatibility issues or to resolve technical or service problems. It may be analyzed to improve our web design, website functionality, and improve Lyncster’s ability to serve you.
PERSONAL INFORMATION ABOUT OTHERS YOU PROVIDE TO LYNCSTER
Sanctions screening involves comparing applicants against public lists maintained by the US Office of Foreign Asset Control and lists maintained by other Governments. Lyncster may be required to do this through a secure online service. The data used to undertake such searches includes your name, date of birth, and nationality. For common names, the system will sometimes return a result known as a “false positive.” A human analyst
will then use additional data you provided, such as your address, to make a final decision about the match.
Lyncster.com is not directed at children. We do not permit children under 18 years of age to become customers or consumers except when an adult guardian is involved (such as through a Trust, or a Transfer on Death). By using Lyncster, you represent you are not under 18 years of age. If you are a parent or guardian and you believe your child under age 18 may have provided Lyncster personal information, please contact us.
PROTECTION OF APPLICABLE PERSONAL INFORMATION
Lyncster takes its responsibility to protect the confidentiality of personal information seriously. Lyncster maintains physical, electronic, and procedural safeguards to guard personal information. We review and adjust these safeguards in response to advances in technology.
Lyncster restricts access to personal information to Lyncster employees, independent contractors, and associated entities who need to know that information in the course of their responsibilities. Third parties with whom the Company shares personal information must agree to follow appropriate standards of security and confidentiality.
Lyncster’s concern for the privacy of our customers naturally extends to those who use our website www.Lyncster.com. Our website utilizes technology that provides a high level of security and privacy when you access Lyncster’s website.
RETENTION OF PERSONAL DATA
The time period that Lyncster retains your personal information will vary. The retention period will be determined by various criteria, including the purposes for which Lyncster is using it (as it will need to be kept for as long as is necessary for any of those purposes) and legal obligations (as laws or regulations may set a minimum period for which Lyncster has to keep your personal information).
HOW LYNCSTER HANDLES YOUR PERSONAL INFORMATION
It may be necessary to provide identifying information to entities or individuals that are not affiliated with Lyncster. Lyncster may contract with companies to perform services for us. Where necessary, we will disclose information we have about you to these third parties. In all such cases, we provide the third party with only the information necessary to carry out its assigned responsibilities, and only for that purpose. We require these third parties to treat your private information with the same high degree of confidentiality that we do. The law may require Lyncster to maintain a record of your personal information even after you cease to be our customer. The personal information collected will be stored and available at Lyncster. The information shall be used by Lyncster only to meet regulatory requirements.
Lyncster will release information about you if you direct us to do so, if we are compelled by law to do so, or in other legally limited circumstances (for example, to prevent fraud, to income tax authorities, or on the directions of a statutory authority).
USES OF YOUR PERSONAL INFORMATION
Your personal information may be stored by Lyncster for purposes that include:
a. Assessing and processing customer applications, allocations, transfers, and payments.
b. General business administration, including communicating with customers and consumers, communicating with service providers and counterparties, accountancy and audit services, risk monitoring, and the administration of IT systems.
c. Compliance with legal and regulatory obligations and industry standards.
d. Customer relations, Lyncster decision-making, and business strategy development.
e. Legal proceedings such as establishing, exercising, or defending legal rights or for other purposes relating to them.
f. Security through ensuring the integrity of Lyncster information systems.
WHAT YOU CAN DO
For your protection, we recommend that you do not publicly publish your personal information. If you become aware of suspicious activity relating to your account, it is your responsibility to contact us immediately by emailing email@example.com.
DO YOU WISH TO OPT OUT OF THE SHARING OF YOUR PERSONAL
|Reasons Lyncster can share your
|Does Lyncster share?
|Can you limit sharing?
|For our everyday business purposes
Such as to maintain your account(s),
respond to court orders and legal
investigations, or report to credit
|For our marketing purposes
To offer our products and services to
|For joint marketing with other
|For our affiliates’ everyday business
Information about your transactions
|For our affiliates’ everyday business
Information about your credit
|For our affiliates to market to you
|For nonaffiliates to market to you
|Why can’t I limit all sharing?
|Federal law gives you the right to limit only:
• sharing for affiliates’ everyday business purposes – information about your credit worthiness, and
• affiliates from using your information to market to you, and
• sharing for nonaffiliates to market to you.
State laws and individual companies may give you additional rights to limit sharing.
|What happens when I limit
sharing for an account I hold
jointly with someone else?
|Your choices will apply to everyone on your account – unless you tell us otherwise.
|Companies related by common ownership or control. They can be financial and nonfinancial companies.
|Companies not related by common ownership or control. They can be financial and nonfinancial companies.
|A formal agreement between nonaffiliated financial companies that together market financial products or services to you.