Privacy Policy
Swiss Fiat AG
Alpenstrasse 1, 6004 Lucerne, Switzerland
This policy outlines the principles governing the collection, use, and protection of personal data by Swiss Fiat AG ("Swiss Fiat" or the "Company"). It describes user rights, Company responsibilities, and procedures for handling personal data in accordance with Swiss and European data protection regulations.
1. Introduction
This Privacy Policy applies to all personal data processed by Swiss Fiat AG, operating under the brand Swiss Fiat.
In line with the Swiss Data Protection Act (DPA) and the EU General Data Protection Regulation (GDPR), Swiss Fiat is committed to protecting personal data and ensuring transparency regarding the nature, scope, purpose, duration, and legal basis of data processing.
This policy covers both general processing activities and specific services such as website use, onboarding processes, and transactions carried out via the Swiss Fiat platform.
2. General Terms and Conditions
2.1 Scope of application
This Privacy Policy explains how Swiss Fiat collects, processes, and shares personal data obtained from Clients, prospects, and website visitors. It also outlines circumstances under which personal data may be disclosed to third parties and informs users of their rights.
2.2 Definitions (aligned with Art. 4 GDPR)
Personal Data: Any information relating to an identified or identifiable person.
Processing: Any operation performed on personal data, such as collection, storage, use, disclosure, or deletion.
Controller: Swiss Fiat AG, which determines the purposes and means of processing.
Processor: A service provider that processes data on behalf of Swiss Fiat under contract.
Third Party: Any natural or legal person other than the data subject, Swiss Fiat, or its authorized processors.
Consent: A freely given, informed, and unambiguous indication of the data subject's agreement to data processing.
2.3 Controller
Swiss Fiat AG
Alpenstrasse 1
6004 Lucerne
Switzerland
Email: compliance@swissfiat.com
See the Imprint for further company details.
2.4 Data Protection Contact
Swiss Fiat's Compliance and Data Protection Team is responsible for all data protection matters. Contact:
Email: compliance@swissfiat.com
2.5 Legal bases for data processing
Swiss Fiat processes personal data only where lawful, based on:
Consent of the data subject;
Contractual necessity to provide services;
Legal obligations under Swiss AMLA and related regulations;
Legitimate interests of Swiss Fiat (e.g., fraud prevention, service improvement), provided these do not override fundamental rights.
2.6 Data retention
Swiss Fiat retains personal data for as long as necessary to fulfill the business relationship and to comply with statutory requirements, generally for 10 years after the end of a client relationship. Website-related data without contractual ties is deleted once the purpose ceases.
2.7 Security measures
Swiss Fiat applies robust technical and organizational measures, including SSL/TLS encryption, access controls, and continuous monitoring, to protect personal data from unauthorized access, misuse, or loss.
2.8 Processors and third-party partners
Swiss Fiat cooperates with regulated third-party providers and technology partners (e.g., KYC/AML software, custodians, financial institutions). All processors act under contract and in compliance with applicable data protection law.
Among Swiss Fiat's regulated partners, multi-currency IBAN accounts and payment services may be provided by Equals Money PLC (authorised by the Financial Conduct Authority to provide payment services, FCA No. 488396). Where applicable, Swiss Fiat shares necessary personal data with Equals Money, including identity verification data, transaction data, and account information as required for compliance and service delivery.
Certain payment services may also be provided through SettleGo Solutions Limited (trading as OpenPayd), an FCA-authorised Electronic Money Institution (FRN 900483). Where applicable, Swiss Fiat shares necessary personal data with OpenPayd, including identity verification data, transaction data, and account information as required for compliance and service delivery.
2.9 Data transfer outside Switzerland/EEA
Personal data may be transferred to third countries when necessary for service provision. Transfers are limited to jurisdictions with adequate data protection, or safeguarded by standard contractual clauses or equivalent legal instruments.
Personal data may be transferred to Equals Money PLC in the United Kingdom, which maintains an adequate level of data protection as recognised under applicable Swiss and EU standards.
Personal data may also be transferred to SettleGo Solutions Limited (OpenPayd) in the United Kingdom, which maintains an adequate level of data protection as recognised under applicable Swiss and EU standards.
2.10 No automated decision-making
Swiss Fiat does not rely on automated decision-making or profiling when handling personal data. All decisions are subject to human oversight.
2.11 Voluntary provision of data
Providing personal data is voluntary. However, certain services (e.g., account opening, transactions) cannot be provided without required data.
2.12 Legal disclosure obligations
Swiss Fiat may be required to disclose personal data to competent authorities (e.g., SO-FIT, FINMA, or law enforcement) when legally obligated, particularly under AMLA.
2.13 User rights
Clients have the right to:
Access their personal data;
Request rectification or deletion;
Restrict or object to processing;
Withdraw consent at any time;
File complaints with the Swiss Federal Data Protection and Information Commissioner (FDPIC) or, where applicable, with an EU supervisory authority.
2.14 Policy updates
Swiss Fiat may update this Privacy Policy to reflect changes in law, regulation, or business practices. Updates will be published on the website.
3. Website and Communication
3.1 Website visits
When accessing www.swissfiat.com, Swiss Fiat automatically collects anonymized log data (IP address, browser type, access time, pages viewed) to ensure website stability and security.
3.2 Contact form and email
When users contact Swiss Fiat via forms or email, provided data (name, email, company, message) is used exclusively to process inquiries. Email communication is not encrypted by default; sensitive data should be sent via secure channels (e.g., PGP).
3.3 Cookies
Swiss Fiat uses cookies to ensure website functionality and improve user experience. Essential cookies are necessary for the platform. Non-essential cookies (e.g., analytics or marketing) require explicit consent.
3.4 Social media
Swiss Fiat does not use active social media plugins. Icons may link to external platforms (e.g., LinkedIn, Twitter) without automatic data transfer. Responsibility for data protection on those platforms lies with the providers.
4. Final Provisions
Swiss Fiat is committed to protecting client data and maintaining compliance with Swiss DPA, EU GDPR, and AMLA obligations.
Swiss Fiat AG
Alpenstrasse 1
6004 Lucerne, Switzerland
Email: compliance@swissfiat.com
Website: www.swissfiat.com
Copyright
All content on this website is the property of Swiss Fiat AG and protected by copyright law.