many phrases will be used to address us and you. “We” refers to lumierexchange.com (a website owned by Bytes and Barter Global services ltd) and “You” refers to anyone using the service of lumierexchange.com
You are not limited to registered members, as well as any visitor who uses the Website in any way, shape or form.
So, please read the following carefully to understand our views and practices regarding Your Personal Data and how we will treat it
Gathering Personal Information
In order to comply with KYC and anti-money laundering regulations, Lumierexchange.com may request certain information from registered Users, including Your name, date of birth, address, post code, country, city, e-mail address, government issued ID, or any other personally identifiable information.
Furthermore, Lumierexchange.com may request such information to prevent fraud, and to protect Lumierexchange.com in any way that we seem reasonable in accordance with Lumierexchange.com’ Anti Money Laundering ("AML") and Counter Terrorist Financing ("CTF") policy as detailed below.
Money laundering is defined as the process where the identity of the proceeds of crime is so disguised that it gives the appearance of legitimate income.
Criminals specifically target financial services firms through which they attempt to launder criminal proceeds without the firm's knowledge or suspicions.
This decision reflects the senior managements desire to prevent money laundering and not be used by criminals to launder proceeds of crime.
For which purposes We may collect personal information?
Lumierexchange.com may collect and use personal information for the following purposes:
- To protect our system from fraud
- To comply with KYC regulations
- To provide and improve customer service
- To send periodic emails
- To contact Users using any means that we deem necessary
- To process payments
- To comply with any provincial or national law
- To carry out the regular business activities of Lumierexchange.com
We may also collect information about Your computer or other device, including where available your IP address, operating system and browser type, for system administration and to report aggregate information to our advertisers. This is statistical data about our users' browsing actions and patterns, and will not be used to identify any individual.
Storage of Personal Information
We use both session and persistent cookies when You access our website or content. Session cookies expire and no longer have any effect when You log out of Your account or close your browser. Persistent cookies remain on Your browser until You erase them or they expire.
We encode our cookies so that only We can interpret the information stored in them. You are free to decline Our cookies if Your browser or browser add-on permits, but doing so may interfere with Your use of Lumierexchange.com’s services.