Privacy Policy for Mobile Banking Application
1. Introduction
Aggregate Business Solutions Ltd (“Aggregate”, “we”, “our”, or “us”) is the core banking solution provider for Bank of Agriculture (BOA) and the developer of the Bank of Agriculture Mobile Banking Application (“App”). We are committed to protecting the privacy and security of your personal data in compliance with the Nigeria Data Protection Regulation (NDPR) 2023 and other applicable laws.
2. Purpose
This policy informs users about the personal data we collect, use, disclose, and protect when they use the BOA App. By using the app, you consent to the practices described herein.
3. Information We Collect
We may collect the following personal data:
- Full name, BVN, NIN, date of birth
- Email address, phone number, address
- Bank account details, transaction history
- Device info, IP address, location data
- Biometric data (where applicable)
4. Legal Basis for Processing
We process your data based on your consent, contract performance, legal obligations, vital interest, or public interest.
5. How We Use Your Information
To provide and improve banking services, verify identity, process transactions, ensure regulatory compliance, and enhance user experience.
6. Age Restriction
The app is not intended for individuals under 18 years of age. We do not knowingly collect data from minors.
7. Data Retention
We retain your data for 5 to 10 years or as required by law, even after your relationship with us ends.
8. Security
We apply strong technical, physical, and organizational safeguards including encryption, firewalls, and access controls.
9. Data Sharing
Your data may be shared with the Bank of Agriculture, regulators, and trusted service providers only for permitted purposes. We do not sell your information.
10. Cross-Border Transfers
If your data is transferred outside Nigeria, we ensure appropriate safeguards are in place as mandated by the NDPR.
11. Your Rights
You have rights to access, correct, delete, or restrict your data. You can also object to processing and request data portability.
12. Cookies
Cookies are used to improve functionality and detect fraud. You can disable cookies via browser settings.
13. Updates to This Policy
This policy may be updated periodically. Continued use of the App means acceptance of the revised terms.
14. Contact Information
If you have any questions or concerns regarding this policy or wish to exercise your rights, contact:
Data Protection Officer (DPO)
Aggregate Business Solutions Ltd
Email: projects@aggregatesolution.net
Phone: 08037878962
Address: 18 Usman Sarki Crescent, Utako, Abuja, Nigeria