This privacy statement governs how Recycling Investment Technological Business (RITECH) and the companies in its group use your personal information. The Nigerian Data Protection Regulation and other data privacy laws and regulations are complied with by RITECH, who also maintains the following privacy principles that direct our acquisition, use, and management of your personal data.
spending on Recycling Business Group is a legally recognized firm with its headquarters in Abuja, business offices in six different African countries, and room to expand. RITECH is dedicated to abiding by data protection rules as a responsible business while gathering and processing personal data, such as the Nigeria Data Protection Regulation (NDPR), the General Data Protection Regulation of the European Union (GDPR), and other relevant data privacy requirements.
Please be aware that some laws may prevent us from providing you with access to your personal data or from fully completing your request, depending on the circumstance and the nature of the request. Giving your information, for instance, can reveal someone else's identity. We reserve the right to reject your requests if they are plainly unreasonable, exorbitant, or otherwise undesired or inappropriate under applicable legislation. We also reserve the right, where authorized by current law, to charge you an appropriate fee for fulfilling your requests.
Recycling Investment Technological Business Group (RITECH) will be known as the “controller” and “processor” of the personal data you provide to us. We will only collect basic personal data from you, which will include Name, Address; Nationality; Email, Phone number, ID Number, Bank Verification Number (BVN) and any other information as may be mandated by the regulatory requirements of the respective countries and their applicable central bank requirement. We will NEVER ask for personal banking information such as card details (CVV); PIN, Password; Secure Passcode; or Token number.
To provide you with financial products through us, we will need you to collect, retain, and handle certain of your personal information as required by law. Your approval is required in order to make the organization's services available to you in accordance with the relevant law or regulation. The company's Abuja headquarters, any of its subsidiaries, and/or any approved service providers (third parties), as applicable, shall securely keep and handle all of the personal information it collects about you. Unless required by a legal or regulatory duty for the financial services, your information will be kept private. We will take all reasonable steps to safeguard the security and privacy of all customer and employee personal data. RITECH complies with the latest information security standards, including PCI-DSS and ISO/IEC 27001:2013.
As a regulated financial services organization, we will keep your personal information for ten (10) years, or as long as local law may demand, after which time it will be destroyed in accordance with applicable government laws and banking regulations. Please be aware that laws may compel RITECH to keep your personal information after your service connection with us ends for a predetermined amount of time.
In accordance with the Nigeria Data Protection Regulation (NDPR), the General Data Protection Regulation (GDPR), and any other applicable data protection laws, all personally identifiable information collected will be processed at our facilities in Abuja, Nigeria, or any of our subsidiaries, and may be shared with third parties and service providers to complete the service to the customers.
We process data both inside and outside of Nigeria due to the nature of our financial operations, and we rely on channels established by law to move data across borders legitimately. There is a chance that the rules in the nations where we handle data will be different from those in Nigeria and the EU and may not be as protective.
In violation of the General Data Privacy Regulation, the Nigerian Data Protection Regulation, and any other relevant data protection laws, RITECH will not send your personal information to a foreign nation or international organization. To give us permission to collect and use your personal information so that we can continue to provide you banking services, please click here. If you have any questions regarding our data privacy policy or would like to revoke all of your permissions, please get in touch with us. We will be more than happy to assist you in keeping with the rules. We shall do everything in our power to protect the privacy and security of all customers' and employees' personal information. The most recent information security standards, including PCI-DSS and ISO/IEC 27001:2013, are adhered to by RITECH.
As a regulated financial services organization, we will keep your personal information for ten (10) years, or as long as local law may demand, after which time it will be destroyed in accordance with applicable government laws and banking regulations. Please be aware that laws may require the Bank to keep your personal information on file for a predetermined amount of time even after your banking relationship with us has ended. Your obligations When you provide us with the personal information of third parties, such as your directors, officers, and authorized signatories (collectively, "Data Subjects"), you are responsible for ensuring that their written consent is obtained before the data is processed and transferred for the execution of our contract with you and the provision of banking services to you.
We periodically evaluate our Privacy Policy and retain the right to make modifications as necessary to reflect evolving business needs and legal mandates. Updates will be posted on our website ritechgroup.org.
If you have any questions, concerns, or comments about our privacy policy, you may contact us using the information below: