bobbob Pty Ltd is committed to providing quality services to you and this policy outlines our ongoing obligations to you in respect of how we manage your Personal Information.
We have adopted the Australian Privacy Principles (APPs) contained in the Privacy Act 1988 (Cth) (the Privacy Act). The NPPs govern the way in which we collect, use, disclose, store, secure and dispose of your Personal Information.
A copy of the Australian Privacy Principles may be obtained from the website of The Office of the Australian Information Commissioner at www.aoic.gov.au
Personal Information is information or an opinion that identifies an individual.
Examples of Personal Information we may collect:
This Personal Information is obtained in many ways including from the bobbob mobile app during onboarding and from third parties.
We don’t guarantee website links or policy of authorised third parties.
Most of the personal information we collect about you will come directly from you (for example, when you sign up to the bobbob app, or when you deal with us through correspondence). We’ll also collect information about you when you use our services and products (for example, when you use your account with us to make transactions).
Sometimes, we might need to collect personal information about you from others, such as:
We’ll ask you before we do this if we’re required by law to do so. We will usually require you to identify yourself to access any of our services. If you do not provide us with your personal information , we may be unable to provide or administer the products or services you have requested.
In general, we won’t use or share personal information collected about you other than for a purpose set out in this privacy policy, for a purpose you would reasonably expect, a purpose required or permitted by law, or a purpose that we have told you about (or that you have agreed to).
We collect your Personal Information for the primary purpose of providing our services to you, ensuring we remain compliant with ASIC and AUSTRAC, providing information to our clients and for marketing purposes. We may also use your Personal Information for secondary purposes closely related to the primary purpose, in circumstances where you would reasonably expect such use or disclosure. You may unsubscribe from our mailing/marketing lists at any time by contacting us via email or in-app.
When we collect Personal Information we will, where appropriate and where possible, explain to you why we are collecting the information and how we plan to use it.
More specifically, we may process your personal data for one or more of the following purposes:
Sensitive information is defined in the Privacy Act to include information or opinion about such things as an individual's racial or ethnic origin, political opinions, membership of a political association, religious or philosophical beliefs, membership of a trade union or other professional body, criminal record or health information.
Sensitive information will be used by us only:
Where reasonable and practicable to do so, we will collect your Personal Information only from you. However, in some circumstances we may be provided with information by third parties. In such a case we will take reasonable steps to ensure that you are made aware of the information provided to us by the third party.
Your Personal Information may be disclosed in a number of circumstances including the following:
We may share your personal data with any person that works for us or for one of our group companies; financial and other institutions we partner with to provide our products and services and companies and organisations that provide services to us, including in relation to technical infrastructure, marketing and analytics, and web and app development.
We will otherwise treat your personal data as private and confidential and will not share it with other parties except:
Your Personal Information is stored in a manner that reasonably protects it from misuse and loss and from unauthorized access, modification or disclosure.
When your Personal Information is no longer needed for the purpose for which it was obtained, we will take reasonable steps to destroy or permanently de-identify your Personal Information. However, most of the Personal Information is or will be stored in client files which will be kept by us for a minimum of 7 years.
You may access the Personal Information we hold about you and to update and/or correct it, subject to certain exceptions. If you wish to access your Personal Information, please contact us in writing.
Bobbob Pty Ltd will not charge any fee for your access request, but may charge an administrative fee for providing a copy of your Personal Information.
In order to protect your Personal Information we may require identification from you before releasing the requested information.
It is important to us that your Personal Information is up to date. We will take reasonable steps to make sure that your Personal Information is accurate, complete and up-to-date. If you find that the information we have is not up to date or is inaccurate, please advise us as soon as practicable so we can update our records and ensure we can continue to provide quality services to you.
We may share information about our products, services, news and promotions with you unless you opt-out. We may do this by email, SMS or any other electronic means including via the bobbob website and app.
We may also market our products to you through third party channels (such as social networking sites), or via other companies who assist us to market our products and services. We may also use de-identified data to help place communications in the media that are most relevant to you.
If you don’t want to receive marketing information, you can tell us by clicking the “Unsubscribe” link in our marketing emails.
This Policy may change from time to time and is available on our website.
If you have any queries or complaints about our Privacy Policy please contact us at compliance@bobbob.co
Bobbob Pty Ltd, ACN 652793318, is an authorised representative (Authorised Representative No. 1296199) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) (Sanlam). The Bobbob Account is not a bank deposit or bank account. Digital Assets (crypto assets) are not regulated in Australia and carry investment risk.
The information on this website contains statements of fact, but, may contain general financial advice only. This means it doesn't take into account your personal objectives, circumstances or financial needs. As investments carry risk, your capital may be at risk. Before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please ensure you have read our Terms & Conditions, Privacy Policy and Information Statement before using Bobbob. By using the Bobbob App in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone.
*USD referenced refers to USDC (USD Coin), a digital asset, a digital Dollar. Each USDC is worth US$1.00, and is always redeemable on a 1:1 basis for US dollars. Digital dollars move at the speed of the internet and are cheaper and more secure than existing payment systems. USDC is fully backed by cash and equivalents and short-duration U.S. Treasuries, so that it is always redeemable 1:1 for U.S. dollars. Each month, Circle (https://www.circle.com/en/usdc) publish attestation reports by Grant Thornton regarding the reserve balances backing USDC.
Bobbob Accounts are not bank accounts and are thus not backed by federal government and are thus not insured by the Financial Claims Scheme (FCS). While Bobbob and its partners make every effort to keep your money safe, please note that any investment entails financial risk. The yield rates are variable and are subject to change based on the digital asset markets.
