Privacy Policy
At Bueno y Barato, protecting your privacy is of utmost importance. This Privacy Policy governs how Bueno y Barato (operated by Bueno y Barato Inc.) collects, uses, and discloses personal information through the use of our website and services. By accessing and using the Bueno y Barato website, you agree to the practices outlined in this policy.
Personal Information We Collect
In order to provide our products and services, we may collect the following types of personally identifiable information (PII):
- Full Name
- Email Address
- Phone Number
- Date of Birth
- Tax Identification Number (TIN)
- Physical Address
- Social Media Profiles
If you use our services, we may also gather additional information, such as banking details, cryptocurrency wallet addresses, and identification documents, as part of our compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
Be mindful of sharing personal details in public forums hosted by Bueno y Barato, as this information could be accessible to others.
We only collect personal data when it is voluntarily provided. However, you may be required to provide certain personal information for specific services, such as:
- Creating an account
- Participating in promotions or special offers
- Submitting payment information for transactions
Additionally, we may collect non-personal information during future interactions with Bueno y Barato.
How We Use Your Personal Data
Bueno y Barato processes personal information for various purposes, including:
- Fulfilling product and service requests
- Communicating with you about your account, services, or offers from Bueno y Barato and our partners
- Improving the functionality of the website and delivering personalized experiences
- Ensuring compliance with legal and regulatory requirements, including AML and KYC protocols
Data Retention Policy
We retain personal data for as long as necessary to fulfill the purposes for which it was collected or as required by law. Typically, personal data is retained indefinitely or for the maximum period allowed under U.S. law. Once it is no longer needed, your data will be securely deleted or anonymized.
International Data Transfers
Bueno y Barato is based in Florida, USA, and serves clients globally. In some cases, your personal data may be transferred internationally, including to countries outside your country of residence, such as the United States and other regions where our service providers operate.
We implement appropriate safeguards to ensure that international data transfers comply with applicable laws. If you are located in the European Union (EU), the European Economic Area (EEA), or Brazil (under the LGPD), your data may be transferred under Standard Contractual Clauses (SCCs) or other legal mechanisms, such as obtaining your explicit consent.
By using our services and providing personal information, you consent to the transfer, processing, and storage of your information in countries with different privacy laws than your own.
Cryptocurrency and Financial Data
As part of our services, Bueno y Barato facilitates cryptocurrency payments, banking transfers, and other financial transactions. In order to execute these services, we collect and securely store sensitive financial data, including:
- Cryptocurrency wallet addresses
- Transaction histories
- Bank account details
This data is used solely for facilitating transactions, processing payments, and ensuring compliance with regulations, such as AML and KYC obligations.
We utilize industry-standard encryption and security practices to safeguard your financial information. However, due to the decentralized nature of blockchain technology, certain transaction details may be publicly visible on the blockchain. Bueno y Barato is not responsible for how your data is handled on public ledgers.
Sharing Personal Information with Third Parties
We may share your personal data with third parties in the following circumstances:
- Service Providers: We may share data with third-party vendors who provide essential services such as web hosting, analytics, marketing, security, and payment processing. These vendors are required to protect your data in compliance with applicable privacy laws.
- Legal Obligations: We may disclose personal data to comply with legal obligations, regulatory requirements, or governmental requests.
- Anonymized Data: We may share anonymized or aggregated data that cannot be used to identify you to improve services or for analytical purposes.
When sharing data with third parties, we ensure compliance with international regulations, such as the EU-U.S. Privacy Shield Frameworks, SCCs, and other relevant exemptions under the GDPR and LGPD.
Compliance with Local Data Privacy Laws
If you are located in Latin America, Bueno y Barato complies with region-specific data privacy regulations, including Brazil’s General Data Protection Law (LGPD). You have the following rights:
- Access and correct your personal information
- Request the deletion of your data under applicable conditions
- Object to or restrict the processing of your data
- Withdraw consent to the collection and processing of your personal information at any time
To exercise these rights, please contact us at the email listed at the end of this policy. We will respond in accordance with local data protection laws.
AML and KYC Compliance
As a financial services provider, Bueno y Barato is committed to adhering to global AML and KYC regulations. To meet these legal requirements, we may collect and verify identification documents (e.g., government-issued IDs) and financial information. This data is used strictly to meet legal obligations and is processed in accordance with this Privacy Policy.
In compliance with AML/KYC regulations, we may share this information with regulatory bodies, financial institutions, or law enforcement agencies in the United States and internationally.
Data Breach Notification
If a data breach occurs that compromises your personal data, we will notify you in compliance with U.S. and international data protection laws. This includes timely notification to regulatory authorities and affected individuals, as required by laws such as the GDPR and LGPD.
Use of Cookies and Tracking Technologies
Bueno y Barato may use cookies and similar technologies to track your activity on our website, understand user preferences, and deliver personalized content or ads. Cookies are also used to enhance user experience and monitor behavior across our platform.
Automatic Data Collection
Certain information may be automatically collected when you use our website, such as:
- IP address
- Browser type
- Device information
- Referring site details
This data helps us ensure site functionality, analyze usage trends, and enhance your user experience.
Data Security
We prioritize the security of your personal information by employing industry-standard measures such as SSL encryption. However, as no data transmission over the internet is entirely secure, we cannot guarantee absolute data protection.
Your Rights and Data Deletion
You have the right to request the deletion of your personal information from our systems. Upon receiving a verifiable request, you may also instruct third parties acting on our behalf to delete your data.
However, some exceptions may apply, such as when data is required to:
- Complete transactions
- Detect or prevent fraud and security threats
- Comply with legal obligations
Children Under 13
Bueno y Barato does not knowingly collect personal information from children under 13. If we become aware that such data has been collected, we will delete it promptly.
Third-Party Account Integrations
You may choose to link your Bueno y Barato account with third-party platforms. By doing so, you consent to sharing information between these platforms based on your privacy settings. You can disconnect third-party integrations at any time.
Email Communications
Bueno y Barato may send you promotional emails, service updates, or other communications. You can opt out of receiving marketing emails by clicking the “unsubscribe” link in any promotional email.
Data Storage
Your personal data may be stored on servers operated by third-party vendors that comply with international data protection standards.
Changes to This Privacy Policy
Bueno y Barato reserves the right to modify this Privacy Policy at any time. Any significant changes will be communicated via an updated policy on our website or email notification. Continued use of our services implies acceptance of the updated policy.
Contact Information
If you have any questions or concerns about this Privacy Policy, please reach out to us at:
Bueno y Barato Inc. 912 sw 18th street. Fort Lauderdale Florida 33315
Email: privacypolicy@buenoybaratousa.com
Effective Date: November 1, 2023