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Privacy Policy

Banksonlineauction.com is the web portal which provides platform for e-auction of properties/assets (herein after referred to as “owner”). Owner collects and uses information from users of its web portal and subscription services in the following ways. By using/accessing/browsing this web portal or any/all of services provided through web portal you consent to this collection and use of information in accordance with this privacy policy.

Owner is committed to safeguarding the privacy of our web portalusers while providing a personalised and valuable service. Our site contains links to third party sites which are not subject to this privacy policy. Owner recommends that you read the privacy policy of any such sites that you visit.

Information wecollect and store

Owner may collect, store and use the following kinds of personal information:
  • information about your computer and about your visits to and use of this web portal including your IP address, geographical location, browser type and version, operating system, referral source, length of visit as well as data and time of visit, page views and downloads, web portal navigation, server address.
  • information relating to any transactions carried out between you and us on or in relation to this web portal.
  • information that you provide to us for the purpose of registering with us as well as at the time of taking part in online auction events.
  • information that you provide to us for the purpose of subscribing to our web portal services, email notifications and/or newsletters.
  • any other information that you choose to send to us.
  • Tenders and auctions information.
Cookies

A cookie consists of information sent by a web server to a web browser, and stored by the browser. The information is then sent back to the server each time the browser requests a page from the server. This enables the web server to identify and track the web browser.

Owner may use both “session” cookies and “persistent” cookies on the web portal. Owner will use the session cookies to: keep track of you whilst you navigate the web portal; and owner will use the persistent cookies to: enable our web portal to recognise you when you visit;

Session cookies will be deleted from your computer when you close your browser. Persistent cookies will remain stored on your computer until deleted, or until they reach a specified expiry date.

Using your personal information

Personal information submitted to us via this web portal will be used for the purposes specified in this privacy policy or in relevant parts of the web portal.
Owner may use your personal information to:

  • administer the web portal
  • improve our web portal
  • improve your browsing experience by personalising the web portal
  • enable your use of the services available on the web portal;
  • supply of transaction details/auction events via web portal;
  • send statements and invoices to you, and collect payments from you;
  • send you general commercial communications;
  • send you email notifications which you have specifically requested;
  • send to you our newsletter/e-mail and other marketing communications relating to our business or the businesses of carefully-selected third parties which owner think may be of interest to you by post or, by email or similar technology.
  • provide third parties with statistical information about our users – but this information will not be used to identify any individual user; unless in relation to goods and services detailed on our Web portal
  • to analyzeWeb portal usage trends, administer the site, track site use, and gather broad demographic information for aggregate use
  • deal with enquiries and complaints made by or about you relating to the Web portal; and other uses.

Where you submit personal information for publication on our web portal, owner will publish and otherwise use that information

Disclosures

Owner may disclose information about you to any of our employees, officers, agents, suppliers or subcontractors insofar as reasonably necessary for the purposes as set out in this privacy policy.
In addition, Owner may disclose your personal information:

  • to the extent that owner is required to do so by law;
  • in connection with any legal proceedings or prospective legal proceedings;
  • in order to establish, exercise or defend our legal rights (including providing information to others for the purposes of fraud prevention and reducing credit risk);
  • to the seller (or prospective seller) of any business or asset which owner is (or is contemplating) selling; and
  • to any person who owner reasonably believes may apply to a court or other competent authority for disclosure of that personal information where, in our reasonable opinion, such court or authority would be reasonably likely to order disclosure of that personal information.
  • to trusted third parties who assist us in operating our web portal, conducting our business, or servicing you

Except as provided in this privacy policy, owner will not provide your information to third parties.

Security of your personal information

Owner will take reasonable technical and organisational precautions to prevent the loss, misuse or alteration of your personal information.
Owner will store all the personal information you provide on our secure server/on the server provided by our service provider through annual maintenance services.
Data transmission over the internet is inherently insecure, and owner cannot guarantee the security of data sent over the internet.
You are responsible for keeping your password and user details confidential. Owner will not ask you for your password (except when you log in to the Web portal).

Policy amendments
Owner may update this privacy policy from time-to-time by posting a new version on our web portal. You should check this page occasionally to ensure you are AGREE with any changes and if you do not agree to the policy amendments please do not use this Web portal.

Third party Web portals
The Web portal contains links to other websites. Owner is not responsible for the privacy policies or practices of third party websites.

Online privacy policy only
This online privacy policy applies only to information collected through our web portal and not to information collected offline.

Updating information
Please let us know if the personal information which owner holds about you needs to be corrected or updated.

Contact
If you have any questions about this privacy policy, please write to us by email to admin@banksonlineauction.com