Terms and Conditions

PRIVACY POLICY

By using the Tarabut Gateway platform (“TGP”), you understand and give consent to Tarabut Gateway W.L.L. incorporated and registered in the Kingdom of Bahrain whose registered office is at PO Box 60009, Harbour House, Bahrain Financial Harbor (“TG”), to collect and process your personal data for the purpose of subscribing and availing of the following services provided by TG, which may be amended from time to time.

Subject to acquiring and maintaining the relevant necessary consents, if any, TG’s services include, but are not limited to:

  • Aggregating, analyzing and displaying financial information and transactions of your bank accounts registered by you on TGP.
  • Providing recommendations on financial products and services based on your spending pattern, product usage, budget and goals.
  • Capture, store and use your preferences e.g. budget alert, payment reminders, advance payment schedules etc for providing alerts and notifications (pop-up messages, SMS, email)

USE OF TGP

Any services provided on the TGP shall only be offered in jurisdictions where they may be lawfully offered by TG and are not intended for use in jurisdictions that restrict the use of such services. Your use of the services provided by TG shall only be done in compliance with the relevant laws and regulations, including but not limited to, jurisdictional allowance/restrictions on use of the services. You shall only have the right to view the information and usage for the purpose for which it is intended anddisclosed.

You acknowledge and accept that the provision of services may be susceptible to faults and technical difficulties. As such, TG does not guarantee a fault free-service.However, TG shall use its best endeavours to remedy such faults and technical difficulties as soon as reasonably practicable.

CHANGE

To the extent legally permissible by the laws and regulations of the Kingdom of Bahrain, any content contained in the TG Terms and Conditions shall be subject to change, modification, alteration or otherwise in TG’s sole discretion.

TG reserves the right to remove any and all of the content on the TGP in our absolute sole discretion without prior notification. Unless otherwise indicated, amendments will be effective immediately on publishing. TG will notify all registered customers 10 days prior to any changes to the Terms and Conditions.

Continued use of the platform following posting of changes and/or modifications will constitute acceptance of the revised terms and conditions.

ACCURACY OF THE DATA

All services provided by TG are based on information provided by you, the customer, and your bank on an “as is” basis. TG shall in no way be responsible nor liable for any incorrect data or any works derived from such data. TG makes no warranty, expressed or implied, as to the results obtained from the use of the information on the TGP.

TG shall use its best endeavours, to keep all information on the TGP current and up to date. However, TGshall have no liability for the accuracy of the information provided and cannot be held liable for any claims or losses of any damages.

Any recommendationsprovided by TG are not guaranteed and shall not be construed as legal or financial advice. You hereby acknowledge that any TG recommendation adopted by you has been done after obtaining your own legal, financial, and any other relevant advice or consultation.

USE OF TG SERVICES

TG’s services require an operating system of RHEL.

COMPLIANCE WITH REGULATIONS

TGreservesthe right to request additional information from you in order to remain compliant with the Central Bank of Bahrain and Kingdom of Bahrain’s laws and regulations.TGwill not share your personal information with any third parties except in line with regulatory, legal or legitimate business requirements.

TRADEMARK AND COPYRIGHT

The contents of the Tarabut Gateway and any other related site thereof, are copyrighted. You are not permitted to store or reproduce any content, such as but not limited to, pictures and charts,displayed or generated by the TGP or TG.

All trademarks, brand marks and trade names shown on the TGPor any related sites thereof, are protected by the applicable laws of their governing jurisdictions. Any unauthorised use of any trademark, logo or product name is strictly prohibited and shall only be permitted under license.

PRIVACY STATEMENT

ou acknowledge, and confirm your acceptance,that for the purpose of providing the above services, TGwill securely collect the following categories of personal information:

  • dentifiers like CPR number, phone number, email, address, profile photograph etc.
  • Financial information like inward and outward transactions from your accounts registered on TGP.

By accepting these terms and conditions, you agree /consent to the fact that TGwill:

  • Collect and store yourpersonal and financial information from your bank(s);
  • Periodically refresh and update the financial information as required;
  • Store and process your information at TG’sprocessing facilities, which maybe anAWS cloud facility inside/outside Bahrain;
  • Continue to retain your historical financial information in TG’sdatabases; to the extent required to meet anycontractual, legal or legitimate business requirements; even after you discontinue the use of TGP.
  • TG may use your personal data for commercial, promotional, data migration, or data sale purposes subject to you and/or your bank’s prior consent.

COMMUNICATION AND MAILING SERVICE

By using the TGP, you hereby consent to receiving communication from TG, and its affiliates, in the form of, but not limited to, text messages, emails, newsletters, and advertisements. Such communication and mailing service may be in either physical or digital form.

Though this may limit your use of the TGP, you may choose to opt out of such communication and mailing service at any time, subject to TG’s prior notification.

SECURITY

You should not share your private or sensitive information with any unidentified individual or entity. TG shall not request any sensitive or private information via text message or through any other form of social network communication. TG shall contact you directly via the contact information provided by you in the event of suspected or actual fraud or security threats.

LIMITATION OF LIABILITY

TG’s liability shall be limited to damages caused by TG’s:

  • (a) Fraud, dishonesty or deceit;
  • (b) For death or personal injury caused by its (or its agents’) negligence;
  • (c) That may not otherwise be limited or excluded by law.

Unless otherwise specifically indicated in writing or in the laws and regulations of the Kingdom of Bahrain, TG shall not be liable to you for any losses, liabilities, costs, expenses and demands arising from the performance of the services provided under these Terms and Conditions or the use of the TGP unless such losses, liabilities, costs, expenses and demands arise directly as a direct result of our default or fraud or in respect of our duties to you under these Terms and Conditions.

TG’s obligations to you shall only be determined by as specifically set out in these Terms and Conditions and the laws and regulations of the Kingdom of Bahrain.

TERMINATION

These Terms and Conditions are perpetual and shall continue in full force and effect until your consent is revoked. These Terms and Conditions, and TG’s services may be terminated by you at any time upon your notification or request. You may opt out of any of the services, or revoke your consent at any time, subject to your prior written notification to TG.

JURISDICTION

These Terms and Conditions and the services provided by TG shall be governed by the laws of the Kingdom of Bahrain. In the event of a dispute arising in connection with these Terms and Conditions and/or implementation of the services, such disputes shall be referred to the exclusive jurisdiction of the Courts of the Kingdom of Bahrain.