Privacy Policy
Privacy Policy
At Bundlescrow INC, we are committed to maintaining the highest standards of data privacy and security. This Privacy Policy outlines our comprehensive practices regarding the collection, use, protection, and disclosure of your personal and transactional information. By using our escrow coordination services at bundlescrow.com, you agree to the practices described in this document.
1. Scope of Information Collection
To provide our specialized escrow coordination services, we collect various categories of information necessary to ensure the security and authenticity of every transaction:
- Directly Provided Personal Data: When you initiate a transaction, we collect identification and contact information, including your full legal name, verified email address, and phone number.
- Transaction and Asset Details: We collect detailed data concerning the items being transacted. Depending on the nature of the goods (vehicles, electronics, domains, or luxury items), this includes serial numbers, condition reports, ownership documentation, title records, and domain registrar evidence.
- Operational and Technical Data: We track metadata related to your interaction with our platform, such as IP addresses, browser types, and usage logs, to prevent fraudulent access and enhance service performance.
2. Purposes for Data Processing
Bundlescrow INC processes your information strictly for the professional management of the escrow lifecycle:
- Transaction Facilitation: Data is used to coordinate the logistics of the intake-to-delivery path, ensuring that all parties are informed of their responsibilities at each of the 5 workflow stages.
- Independent Verification and Reporting: Our escrow department utilizes the information provided to conduct physical inspections and document the state of the assets, preparing accurate reports for the buyer’s review.
- Regulatory and Compliance Oversight: We process data to verify the identity of transaction participants and to ensure adherence to anti-fraud and anti-money laundering (AML) standards.
- Communication: We use your contact information to provide critical updates regarding your transaction status, inspection reports, and payout triggers.
3. Commitment to Financial Data Security
Security is the foundation of our business model. Bundlescrow INC adheres to a strict "No Financial Data Storage" policy regarding our website:
- External Payment Rails: We do not collect, process, or store credit card numbers, bank account details, or other financial credentials on our servers.
- Authorized Verification: All financial instructions are provided and must be verified through our secure, official off-site channels to ensure that your sensitive payment data remains protected.
- Minimized Exposure: Our public-facing forms are designed to collect only the essential contextual data needed to structure your deal, keeping sensitive personal details isolated from potential risks.
4. Data Sharing and Disclosure
We do not sell, rent, or trade your personal information. Disclosure to third parties is limited to essential operational needs:
- Logistics Partners: Information necessary for the physical shipment and tracking of items is shared with authorized carriers.
- Legal and Regulatory Requirements: We reserve the right to disclose information if required by law, such as to comply with a subpoena, court order, or when we believe in good faith that disclosure is necessary to prevent physical harm, financial loss, or to report suspected illegal activity to law enforcement.
5. User Rights and Contact
Depending on your jurisdiction, you may have rights regarding your personal information, including the right to request access, correction, or deletion of your data. For any inquiries regarding this policy or to exercise your rights, please contact our support team:
- Email: info@bundlescrow.com
- Physical Address: 33 N La Salle St, Ste 2320, Chicago, IL 6060, United States