TransferZero Privacy Policy

This Privacy Policy governs your use of products, services, content, features, or technologies offered by TransferZero and all related sites, applications, and services (collectively “TransferZero Services”) including, without limitation, when you (“user”, “client” or “customer”) provide any information to us in relation to your use of TransferZero Services.

You accept and consent to this Privacy Policy when you sign up for, access, or use the TransferZero Services. By accepting and consenting to this Privacy Policy, you expressly consent to our use and disclosure of your personal information and direct us to do so in the manner described in this Privacy Policy.


In order to access the TransferZero Services and to reduce the risk of fraud, TransferZero. ("TransferZero", “our”, “us” or "we"), the data controller, must ask you to provide us with information about yourself and your organisation, as well as any other types of information specified in this Policy. By consenting to, and agreeing to the terms of, this Privacy Policy, you expressly consent and agree to us processing your data in the manner set out herein. This Privacy Policy describes the information we collect and how we use that information. TransferZero takes the processing of your information very seriously and will use your information only in accordance with the terms of this Privacy Policy. For the purposes of this Privacy Policy, the term “information” means any confidential and/or personally identifiable information or other information related to users of TransferZero Services, specified in this Policy.

We will not sell or rent your information to third parties for their marketing purposes without your explicit consent. However, in order for us to offer TransferZero Services to our users; enhance the quality of TransferZero Services from time to time; and protect the interests of our users, we will in limited circumstances share some of your information with third parties under strict restrictions, as described in greater detail in the following sections of this Policy. It is important for you to review this Privacy Policy as it applies to all TransferZero Services.

This Privacy Policy is intended to govern the use of TransferZero Services by our users (including, without limitation those who use the TransferZero Services in the course of their business) unless otherwise agreed through contract.

Changes to this Privacy Policy: All future changes to this Privacy Policy are incorporated by reference into the Terms and Conditions (our framework contract) with you and will take effect as specified in the Policy Updates, when they may occur. “Policy Update” means a prior notice of changes to any of your agreements with TransferZero, which TransferZero may make available to you in writing, including in electronic form. If you disagree with the terms of this Privacy Policy, please do not register for or use the TransferZero Services.

Notification of Changes: This Privacy Policy may be revised over time as new features are added to TransferZero Services, or as we incorporate suggestions from our customers and or users. We may change this Privacy Policy at any time by posting a revised version of it on our website. Unless we have legal grounds to do otherwise, we will provide you with at least 30 days' prior notice of the effective date of the revised Privacy Policy. We may post the notice on our website and/or send the notice by e-mail. As of the effective date of the revised Privacy Policy, you will be considered as having consented to all changes to the Privacy Policy. If you disagree with the terms of this Privacy Policy, you may close your account at any time.

Information We Collect

Required Information: To use the TransferZero Services, you must provide your designated contact’s name & email address, business name, business address, business phone number, incorporation certificate and incorporation documents reflecting the directors and shareholders, the identification document of the directors and shareholders, proof of address of directors and shareholders or other information to be determined by TransferZero from time to time. We may also ask you to choose different security questions to answer.

Using your device: When you use TransferZero Services using any device (whether connected to TransferZero wirelessly or by a fixed line or otherwise), we may additionally collect and store device sign-on data (including but not limited to device ID) and geolocation data, in order to provide TransferZero Services.

Information About You from Other Sources: We may also collect information about you from other sources, including from other entities of the group to which TransferZero belongs, other companies (subject to their privacy policies and applicable law), and from other accounts we have reason to believe you control (whether in part or in whole).

Website Traffic Information: Because of the way Internet communication standards work, when you arrive at or leave the TransferZero website, we may automatically receive the web address of the site that you came from or are going to. We also collect information on which pages of our website you visit, IP addresses, the type of browser you use and the times you access our website.

Cookies, Web Beacons, Local Storage and Similar Technologies: When you access our website, or use TransferZero Services, we (including companies we work with) may place small data files on your computer or other device. These data files may be cookies, pixel tags, "Flash cookies," or other local storage provided by your browser or associated applications (collectively "Cookies"). We may use Cookies to recognize you as a customer, customize TransferZero Services, content and advertising, measure promotional effectiveness, help ensure that your account security is not compromised, mitigate risk and prevent fraud, and to promote trust and safety across our sites and TransferZero Services.

You are free to decline our Cookies if your browser or browser add-on permits, unless our Cookies are required to prevent fraud or ensure the security of websites we control. However, declining our Cookies may interfere with your use of our website and TransferZero Services.

Communications: When you communicate with us for customer service or other purposes (e.g., by emails, phone calls, etc.), we may retain such information and our responses to you in the records of your account, for the purpose of proof of commercial transactions and communications.

Questionnaires, Surveys, Sweepstakes and Profile Data: From time to time, we offer optional questionnaires, surveys and sweepstakes to our users for such purposes as collecting demographic information or assessing users' interests and needs. If we collect personally identifiable information from our users in these questionnaires, surveys, and sweepstakes, the users will be given notice of how the information will be used prior to their participation in the survey, questionnaire or sweepstake.

Account Information: For the purposes of this Privacy Policy, account information (“Account Information”) includes without limitation: contact person’s name, email address, business name, business address, phone number, IP address, device ID, geolocation information, details of identity collected as part of our "know your customer" checks on you, and customer correspondence.

How We Use the Information We Collect

You agree that we may use your personal information to:

Our Contact with TransferZero Customers: We communicate with our users on a regular basis via email and chats to provide requested services. We may also communicate with our users by phone to:

We use your email or physical address to confirm your opening of a TransferZero account, to send you information about important changes to our products and services, and to send notices and other disclosures required by law. Generally, users cannot opt out of these communications, but they will be informational in nature, and not promotional.

We can also use your email address to send you other types of communications that you can control, including "news”, “customer surveys” and “notice of special promotions”. You can choose whether to receive all or none of these communications when you complete the registration process, or at any time thereafter, by logging in to your account and then selecting settings, and updating your communication preferences.

In connection with independent audits of our financial statements and operations imposed by applicable law, the auditors may seek to contact a sample of our customers to confirm that our records are accurate. However, these auditors cannot use personally identifiable information for any secondary purposes.


If you don't wish to receive marketing communications from us, or to participate in our ad-customization programs, simply unsubscribe.

How We Share Information with Other Third Parties

Just like most banks or financial/payment service providers, TransferZero works with third-party service providers which provide important functions to us that allow us to be an easier, faster, and safer way to carry out our services to our customers. We need to disclose user data to them from time to time, so that the services can be performed.

TransferZero will not transfer, disclose, sell or rent any of your personal information to third parties for their marketing purposes without your explicit consent, and will only disclose this information in the limited circumstances and for the purposes described in this Privacy Policy. This includes transfers of data to non-EEA countries, which TransferZero will always endeavour to carry out in compliance with the requirements of the applicable data protection law. In this regard, transfers to non- EEA countries may notably be carried out on the basis of adequate contractual arrangements, a copy of which may be obtained by you by simple request sent to TransferZero.

In order to provide the TransferZero Services, some information we collect from or about you, may be required to be transferred to other TransferZero group entities or other entities, in their capacity as service providers, payment providers or payment processors (or similar capacities). You acknowledge that according to their local legislation, such entities may be subject to laws, regulations, inquiries, investigations, or orders which may require the disclosure of information to the relevant authorities of the relevant country.

Specifically, you consent to and direct TransferZero to do any and all of the following with your information:

Cross Border Transfers of your Information

TransferZero is committed to adequately protecting your information regardless of where the data resides and to providing appropriate protection for your information if your data is transferred outside of the EEA. In this regard, transfers to non-EEA Member States may notably be carried out on the basis of adequate contractual arrangements, a copy of which may be obtained by you by simple request sent to TransferZero.

Information Security

TransferZero is committed to handling customer information with high standards of information security. We use computer safeguards such as firewalls and data encryption, we enforce physical access controls to our buildings and files, and we authorize access to personal information only for those employees who require it to fulfil their job responsibilities, and who have committed themselves to confidentiality undertakings.

The security of your TransferZero account also relies on your protection of your TransferZero password. You may not share your TransferZero password with anyone. TransferZero representatives will never ask you for your password, so any email or other communication requesting your password should be treated as unauthorized and suspicious and forwarded to us. If you do share your TransferZero password with a third party for any reason, including because the third party has promised to provide you additional services such as account aggregation, the third party will have access to your account and your personal information, and you may be responsible for actions taken using your password. If you believe someone else has obtained access to your password, please change it immediately by logging in to your account and changing your Profile settings, and also contact us right away.

Accessing and Changing Your Information

You can review the personal information you have provided to us and make any desired changes to such information, or to the settings for your TransferZero account, at any time by logging in to your account on the TransferZero website. If you close your TransferZero account, we will mark your account in our database as "Closed", but will keep your Account Information in our database for a period of 10 years. This is for instance necessary in order to fulfil our data retention requirements to comply with applicable laws and regulations, and for other legitimate business reasons, such as to deter fraud, by ensuring that persons who try to commit fraud will not be able to avoid detection simply by closing their account and opening a new account. However, if you close your account, your personally identifiable information will not be used by us for any further purposes, nor sold or shared with third parties, except as necessary to prevent fraud and assist law enforcement authorities, or as required by law. The information you provide us with will not be kept for longer than necessary with regards to the purpose of its processing described above, subject to statutory retention periods imposed by applicable law

Contact us and Exercising Your Rights:

Our legal and privacy department is responsible for ensuring that our day-to-day procedures comply with this Privacy Policy. If you want to exercise your right to access your information, make changes or have any questions about this privacy statement, TransferZero information practices, or data protection, you can write to us at [email protected]

By writing to the above address, and subject to certain conditions set out by applicable data protection law, you may also exercise your rights to:

Finally, you acknowledge the existence of your right to lodge a complaint with acompetent data protection supervisory authority.


Call us at
+34 915347 233

Email us at
[email protected]