Take a look at our policy statement and understand how our website works.
Folsort Investment Services Limited (FISL) is committed to protecting the privacy and security of our customers' personal information. This Privacy Policy outlines how we collect, use, disclose, and safeguard the information we obtain from individuals who interact with our website, products, and services. By accessing or using our website or providing your information to us, you consent to the practices described in this Privacy Policy.
We may collect and process the following information about you:
The Personal Data you authorize us, or our agents acting on our behalf, to carry out such credit and identity checks as we may deem necessary or desirable, including requesting a reference from your bank from time to time and you agree to assist us, where necessary, in obtaining such a reference. The Personal Data you provide when opening an Account with us: You are required to provide details such as your name, date of birth, gender, email, phone number, marital status, religion, photograph, address, valid identification document (international passport, permanent voter’s card, driver’s license, national identity card), bank account details and Bank Verification Number (BVN). We will only use these Personal Data in strict accordance with the Nigeria Data Protection Regulation (NDPR) and other applicable laws.
We may use your Personal Data, including non-public Personal Data as follows
We will retain your information for as long as your account is active or as needed to provide you with our services or comply with our legal and statutory obligations.
The Personal Data we process may be used, stored and/or accessed by staff working for us or third-party partners providing services to us or performing services on our behalf. When we contract with third parties, we require that they have appropriate security, privacy, and confidentiality measures in place to ensure that personal information is kept secure.
We use our best efforts to ensure that information received via our Websites and Applications remains secured within our systems. We are regularly reviewing developments in online security; however, users should be aware that there are inherent risks in transmitting information across the internet.
We use cookies on our Websites. Cookies can make using our Websites easier by storing information about your preferences and enabling you to take full advantage of our services. Cookies are very small text files that a Website can transfer to your computer’s hard drive or portable electronic device’s memory for record keeping.
We may use cookies so that we can see which parts of our Websites you visit when you access those Websites. We may use this information for marketing products and services to you. We keep this information confidential and we do not disclose it to third parties.
You can block cookies by activating the setting on your browser that allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or parts of our site.
We adopt appropriate measures to help protect all Personal Data about you from loss, theft, misuse and unauthorized access, disclosure, alteration, and destruction. Additionally, we implement policies designed to protect the confidentiality and security of your Personal Data, including a Data Protection Policy.
The law gives you certain rights in respect to your Personal Data as recognized by Folsort Investment Services Limited and what we hold about you. Below is a highlight of some of those rights. At any point while we are in possession of or processing your Personal Data, you, the Data Subject has the following rights:
In the event of a breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorised disclosure of, or access to Personal Data, we shall within Seventy-Two (72) hours of having knowledge of such breach report the details of the breach to NITDA. Also, where we ascertain that such breach is detrimental to your rights and freedoms, we shall take reasonable steps to inform you of the breach incident and any course of action to remedy such breach.
We may change this privacy notice from time to time. We will post any changes on our website. Please check back frequently to see any updates or changes to our privacy notice. By continuing to use our website and interact with you. You are confirming that you have read and understood the latest version of our privacy notice.
If you have any questions, concerns, or requests regarding this Privacy Policy or our privacy practices, please contact [email protected]
We will strive to address your inquiries and resolve any privacy concerns to the best of our abilities.
Protecting your privacy is of utmost importance to us. By this Privacy Policy, we aim to be transparent with our data collection, use, and protection practices.
We encourage you to read this policy carefully and reach out to us with any questions or concerns you may have.