Privacy Policy

Effective Date: [2/24/2025]

This Privacy Policy explains how SBS Wise LLC ("SBS," "we," or "us") collects, uses, discloses, and protects personal information obtained through our website, sbswise.com (the "Site"). This Policy applies to all visitors, users, and others who interact with our Site and related services, including when you submit personal data via third-party platforms (e.g., JotForm) for KYC verification and FSM passport application processing.

1. Introduction

SBS Wise LLC is committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy describes our practices regarding the collection, use, and sharing of your data. By using our Site, you consent to the practices described in this Policy.

2. Information We Collect

2.1 Personal Identification Information

We collect personal identification information necessary for identity verification, KYC procedures, and FSM passport application processing. This may include, but is not limited to:

  • Full name

  • Date of birth

  • Address and contact details

  • Government-issued identification numbers or documents

2.2 Additional Data

Depending on the services you request, we may also collect:

  • Payment information (if applicable)

  • Information provided through forms and communications on the Site

  • Technical data (e.g., IP address, browser type, and operating system) through cookies or similar technologies

3. Purpose and Legal Basis for Processing

3.1 Purpose of Collection

We use your personal information for the following purposes:

  • Identity Verification: To confirm your identity as part of our KYC process.

  • FSM Passport Applications: To facilitate and process your FSM passport application.

  • Compliance: To comply with applicable legal and regulatory requirements.

  • Fraud Prevention: To detect and prevent fraud or unauthorized activities.

  • Communication: To send updates, confirmations, and respond to inquiries related to your application or use of our services.

3.2 Legal Basis

We process your personal data on the following legal grounds:

  • Consent: Where you have provided your consent.

  • Contractual Necessity: To perform a contract or provide the service you have requested.

  • Legal Obligation: To comply with applicable laws and regulatory requirements.

  • Legitimate Interests: Where necessary for our legitimate interests, provided your rights are not overridden by these interests.

4. How We Share Your Information

4.1 Third-Party Service Providers

We may share your data with trusted third-party service providers (e.g., JotForm) who assist us in delivering our services, including securely collecting and processing your personal information for KYC and FSM passport application purposes. These third parties are contractually obligated to maintain the confidentiality and security of your data.

4.2 Government and Regulatory Authorities

When required by law or regulation, or to protect our legal rights, we may disclose your personal information to government agencies or regulatory bodies.

4.3 International Data Transfers

Your information may be transferred to and maintained on servers located outside your state, province, country, or other governmental jurisdiction. We take appropriate measures to ensure that your data is treated securely and in accordance with this Privacy Policy.

5. Data Security

We implement a variety of security measures to protect your personal information from unauthorized access, use, or disclosure. These measures include:

  • Encryption of data during transmission (e.g., via SSL/TLS)

  • Secure storage solutions and access controls

  • Regular review and update of our security practices

Despite these efforts, no security system is impenetrable. Should any data breach occur, we will notify you and take appropriate remedial steps as required by law.

6. Data Retention

We retain your personal data only for as long as necessary to fulfill the purposes outlined in this Privacy Policy, unless a longer retention period is required or permitted by law. Once your data is no longer needed, we will securely delete or anonymize it.

7. Your Rights

Depending on your jurisdiction, you may have certain rights regarding your personal data, including:

  • Access: The right to request copies of your personal data.

  • Correction: The right to request correction of any inaccurate or incomplete data.

  • Deletion: The right to request deletion of your personal data, subject to certain conditions.

  • Restriction: The right to request restrictions on processing your data.

  • Objection: The right to object to certain processing activities.

  • Data Portability: The right to receive your data in a structured, commonly used, and machine-readable format.

To exercise any of these rights or if you have any questions about this Privacy Policy, please contact us using the details provided below.

8. Cookies and Tracking Technologies

We may use cookies and similar tracking technologies to enhance your experience on our Site, analyze usage patterns, and improve our services. For detailed information on how we use these technologies, please refer to our Cookie Policy [insert link if available].

9. Policy Updates

We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. We will notify you of any significant changes by updating the Effective Date at the top of this Policy and, where appropriate, by posting a notice on our Site. We encourage you to review this Policy periodically.

10. Contact Information

If you have any questions, concerns, or requests regarding this Privacy Policy or our data practices, please contact us at:

SBS Wise LLC
3600 Aolele St.

Ste 29370
Honolulu, Hawaii 96820

Email: sales@sbswise.com
Telephone: 818-457-6644