rivacy Policy

Last Updated: April 9, 2025

1. Introduction Steel Private Bank ("we," "our," "us") is committed to protecting your privacy and ensuring the security of your personal and financial information. This Privacy Policy outlines how we collect, use, store, and protect your data when you visit our website and use our services. We comply with applicable international data protection

regulations, including but not limited to the General Data Protection Regulation (GDPR) and Swiss banking privacy laws, where applicable.

2. Information We Collect. We may collect and process the following types of personal data:

a. Personal Identification Information: Name, date of birth, nationality, and

contact details.

b. Financial Information: Account details, transaction history, and payment details.

c. Technical Data: IP address, browser type, and website usage data.

d. Communication Data: Records of inquiries, customer support interactions, and feedback.

3. How We Use Your Information: We use your data for the following purposes:

a. To provide banking and financial services.

b. To verify your identity and conduct due diligence checks to process transactions and manage accounts.

c. To comply with legal and regulatory requirements.

d. To improve website performance and user experience.

e. To communicate with you regarding services, updates, and security alerts.

4. Data Sharing and Transfers: We do not sell or rent your personal data. However, we may share your information with:

a. Regulatory and legal authorities as required by law.

b. Third-party service providers that assist in banking operations (e.g., payment processors, IT support).

c. Affiliates and subsidiaries within our banking group.

d. International partners where cross-border transactions or compliance obligations apply.

When transferring data internationally, we ensure adequate safeguards are in place, such as Standard Contractual Clauses or equivalent measures, to protect your information.

5. Data Security

We implement strict security measures to safeguard your data, including:

a. Encryption of sensitive information.

b. Secure access controls and authentication procedures.

c. Regular cybersecurity assessments and audits.

d. Employee training on data protection and confidentiality.

6. Compliance with Swiss Banking Regulations.

As a financial institution operating under Swiss banking regulations, we adhere to the Federal Act on Data Protection (FADP) and Swiss Banking Secrecy Laws, including:

a. Swiss Banking Secrecy (Article 47 of the Swiss Banking Act): Ensuring

confidentiality of client data, restricting unauthorized access or disclosure.

b. Federal Act on Data Protection (FADP): Governing data processing and ensuring

transparency, security, and compliance with Swiss data privacy standards.

c. Anti-Money Laundering Act (AMLA): Requiring due diligence in financial

transactions and compliance with Know Your Customer (KYC) regulations.

d. Financial Market Supervision by FINMA: Ensuring adherence to banking privacy and financial security regulations.

7. Data Retention

We retain your data only for as long as necessary to fulfill the purposes outlined in this policy or as required by legal and regulatory obligations. After this period, data is securely deleted or anonymized.

8. Your Rights. Depending on applicable laws, you may have the following rights

regarding your personal data:

a. The right to access and obtain a copy of your data.

b. The right to correct inaccurate or incomplete information.

c. The right to request data deletion, subject to legal retention requirements.

d. The right to restrict or object to data processing.

e. The right to data portability where applicable.

f. The right to withdraw consent for data processing, where consent is the basis.

To exercise your rights, please contact us at info@steelprivatebank.com.

9. Cookies and Tracking Technologies. Our website uses cookies and similar technologies to enhance user experience and collect analytics. You may manage cookie preferences via your browser settings. For more details, please refer to our [Cookie Policy].

10. Third-Party Links. Our website may contain links to external websites. We are not responsible for the privacy practices of third parties and encourage you to review their privacy policies.

11. Updates to This Privacy Policy. We may update this Privacy Policy periodically. Any changes will be posted on our website with the updated revision date.

12. Contact Us. If you have any questions about this Privacy Policy or your personal data, please contact us at: info@seelprivatebank.com