Introduction
KAELITHONEX INC., doing business as “BXNK” (“we,” “us,” “our,” or “BXNK”), is committed to protecting your personal data. This Privacy Policy explains what data we collect, how we use it, and your rights regarding that data. By using our website (bxnk.com) or Services, you agree to this Privacy Policy.
2. Scope of This Privacy Policy
This Privacy Policy applies when you visit the BXNK website, create an account, or use our Services. It outlines how we collect, process, and protect personal data.
This Privacy Policy does not apply to third-party websites or services linked from our platform, which are governed by their own privacy policies.
3. Consent to Data Processing
By using our Services, you acknowledge and consent to the processing of your personal data as described in this Privacy Policy.
In certain cases, we may request your explicit consent (for example, optional marketing communications), which you may withdraw at any time without affecting the lawfulness of processing prior to withdrawal.
4. Personal Data We Collect
We may collect the following types of personal data:
- Contact Information: Name, email address, telephone number, and mailing address.
- Account Data: Usernames, passwords, profile details, and business information.
- Identification Documents: Government-issued identification documents, proof of address, corporate registration documents, and related compliance documentation for KYC/AML purposes.
- Financial Information: Bank account details, payment information, transaction history, and settlement-related information.
- Device & Usage Information: IP address, browser type, device identifiers, access logs, geolocation data (where permitted), and website interaction data.
- Communication: Communications between you and BXNK, including support requests and correspondence.
We collect only the minimum information necessary for the purposes described in this Privacy Policy.
5. How We Collect Personal Data
We collect personal data through the following methods:
- Directly from You: When you register for an account, complete onboarding procedures, submit compliance information, contact support, or otherwise interact with our Services.
- Automated Technology: When you access or use our website or Services, certain technical and usage information may be collected automatically through cookies and similar technologies.
- Third Parties: From service providers, compliance vendors, payment providers, verification providers, or business partners assisting with fraud prevention, compliance, or operational services.
6. Why We Collect Personal Data (Legal Basis)
We process personal data based on one or more of the following legal grounds:
- Contractual Necessity: To provide the Services requested by you, including account management, onboarding, settlement coordination, and operational support.
- Legal Obligations: To comply with applicable laws and regulatory obligations, including AML/CTF, sanctions, fraud prevention, and related compliance requirements.
- Legitimate Interests: To protect platform security, improve our Services, prevent fraud, monitor usage, and support operational integrity.
- Consent: Where required, including for optional communications and certain analytics or marketing activities.
7. Retention of Personal Data
We retain personal data only for as long as necessary to fulfill the purposes outlined in this Privacy Policy, comply with legal obligations, resolve disputes, and protect our legitimate interests.
Certain compliance-related records may be retained for extended periods where required by applicable AML/CTF or regulatory obligations.
8. Sharing Your Personal Data
We may share personal data with:
- Affiliates & Group Entities: For operational, administrative, and compliance purposes.
- Service Providers: Including identity verification providers, compliance vendors, payment providers, cloud infrastructure providers, analytics providers, and professional advisers operating under appropriate confidentiality and data protection obligations.
- Regulators & Authorities: Where required by law, legal process, court order, or regulatory obligation.
- Business Transactions: In connection with mergers, acquisitions, restructuring, financing transactions, or asset transfers.
We do not sell personal data to third parties.
9. International Data Transfers
Your personal data may be transferred to and processed in jurisdictions outside your country of residence.
Where required by applicable law, we implement appropriate safeguards to ensure personal data remains protected in accordance with applicable data protection standards.
10. Your Rights
Subject to applicable law, you may have the following rights:
- Access to your personal data
- Correction of inaccurate or incomplete data
- Deletion of personal data where applicable
- Restriction of processing
- Data portability
- Objection to processing
- Withdrawal of consent where processing is based on consent
Requests may be submitted to:
privacy@bxnk.com.
We may require verification of identity before processing requests.
11. Children’s Privacy
Our Services are not intended for individuals under the age of 18.
We do not knowingly collect personal data from minors.
12. Security Measures
BXNK maintains administrative, technical, and operational safeguards designed to protect personal data against unauthorized access, misuse, disclosure, alteration, or destruction.
Security measures include access controls, monitoring procedures, encryption where appropriate, and compliance oversight processes.
13. Cookies
We may use cookies and similar technologies to improve website functionality, analyze usage, and enhance user experience.
Users may control cookie preferences through browser settings; however, disabling certain cookies may affect platform functionality.
14. Changes to This Privacy Policy
We reserve the right to update or modify this Privacy Policy at any time.
Where material changes are made, we may provide notice through the website or other appropriate communication channels.
Continued use of the Services following updates constitutes acceptance of the revised Privacy Policy.
15. Governing Law
This Privacy Policy shall be governed by and construed in accordance with the applicable laws governing the operations of KAELITHONEX INC., without regard to conflict of law principles.
