Tera Finans Factoring | KVKK and Personal Data Protection Policy

Personal Data Protection Law Information Notice

Esteemed Customers; we would like to inform and enlighten you regarding the processing of your personal data, including your sensitive personal data, in relation to the Personal Data Protection Law. Pursuant to the provisions of the Personal Data Protection Law No. 6698 ("KVKK"), all kinds of your information that makes your identity specific or identifiable, including your sensitive personal data, will be processed as Personal Data by TERA FİNANS FAKTORİNG A.Ş., acting as the Data Controller, within the following scope. "Processing of your personal data" refers to any operation performed upon such data, such as its collection, recording, storage, preservation, alteration, reorganization, disclosure, transfer, acquisition, making available, classification, or preventing its use.

As TERA FİNANS FAKTORİNG A.Ş., we attach the utmost importance to the security of your personal data and would like to state that we continue our activities with the awareness that the security of your personal data is at the forefront in all the products and services we offer you. Our fundamental principle is to use your personal data for your factoring transactions, to protect the privacy of your private life, and to safeguard your fundamental rights and freedoms.

Purposes and legal grounds for processing your personal data: These can be listed as; using them in all kinds of products and services to be offered to you within the scope of the Financial Leasing, Factoring and Financing Companies Law No. 6361, the Banking Law No. 5411, and relevant legislation, carrying out our factoring activities, recording your identity information, address, telephone number, all your information regarding your accounts with our Company and your biometric data, tax number and other information qualified as personal data under the KVKK to determine the information in order to identify the owner and addressee of all kinds of business and transactions within this scope, arranging information and documents that will be the basis of the business and transactions to be carried out on paper or in electronic media, complying with the information retention, reporting and disclosure obligations stipulated by all competent judicial and administrative authorities (such as courts, BRSA, CMB, CBRT, MASAK, TRA, KKB, FKB, TBB) in accordance with the relevant legislation, fulfilling our factoring activities within the scope of the Financial Leasing, Factoring and Financing Companies Law No. 6361 and the Banking Law No. 5411, offering other products and services provided by or requested from our Company, fulfilling the requirements of the contract signed with you, and fulfilling our legitimate interests such as security and the prevention of crime.

Transfer of your personal data: For the purposes briefly listed above, your personal data held by our Company may be transferred to persons, institutions and/or organizations mandated/permitted by the provisions of the Financial Leasing, Factoring and Financing Companies Law No. 6361, the Banking Law No. 5411 and other laws and legislation, including but not limited to the financial institutions and other 3rd parties enumerated in Article 73, Paragraph 4 of the Banking Law No. 5411, public legal entities authorized to receive personal data such as BRSA, CMB, CBRT, TRA, SSI, MASAK, KKB, FINDEKS, authorities, our main shareholder and its subsidiaries and its main shareholder, our domestic/international subsidiaries; companies operated under the capacity of brokerage/agency, third parties from whom services are procured to carry out our factoring activities, program partner institutions, organizations, domestic/international banks/factoring companies, funds, cooperating organizations, domestic/international/international organizations from which service/support/consultancy is received or project/program/financing partnership is established, and organizations from which independent audit and support services are received, due to legal obligations and within the framework of legal limitations.

Method of collection of your personal data: Your personal data is collected through various methods, which can also be obtained from outside our Company, including our domestic/international subsidiaries, program partner institutions and organizations we cooperate with, official institutions, domestic/international banks/factoring companies, and other 3rd parties, wholly or partially automatic, or non-automatic as part of any data recording system, provided that it is verbal, written, or electronic media via channels such as the General Directorate, regions, branches, and our website, with notifications you will make with your electronic approval and/or signature, and through all contracts/information forms and other documents pertaining to factoring transactions drawn up with your approval and/or signature pursuant to the Financial Leasing, Factoring and Financing Companies Law No. 6361 and Banking Law No. 5411 and other relevant legislation.

Your rights under Article 11 of the Law: By applying to our Company, you have the right to;

I) learn whether your personal data is being processed,

II) request information if it has been processed,

III) learn the purpose of processing and whether it is being used appropriately for its purpose,

IV) know the 3rd parties to whom it is transferred domestically / abroad,

V) request correction if it is processed incompletely / incorrectly,

VI) request its deletion / destruction within the framework of the conditions stipulated in Article 7 of the KVKK,

VII) request notification of the operations performed pursuant to subparagraphs (V) and (VI) listed above to the 3rd parties to whom it has been transferred,

VIII) object to the occurrence of a result against you due to it being analyzed exclusively by automatic systems,

IX) demand the compensation of the damage in case you suffer damage due to its unlawful processing.

Your rights to apply to the data controller under Article 13 of the Law: In accordance with the first paragraph of Article 13 of the Personal Data Protection Law; any kind of request regarding the application of the KVKK must be submitted in writing or by other methods determined by the Personal Data Protection Board ("Board") to our Company, which is the data controller. Your applications submitted to us will be answered within thirty days from the date your request reaches us, depending on the nature of the request, in accordance with the 2nd paragraph of Article 13 of the KVKK. Our responses will be delivered to you in writing or electronically pursuant to the provision of Article 13 of the relevant KVKK.

Data controller to whom you can apply within the scope of the Law: Tera Finans Faktoring A.Ş. Maslak Mahallesi Eski Büyükdere Caddesi İz Plaza No: 9 İç Kapı No: 34 Sarıyer / Istanbul Mersis No: 0074048693600018 T: (212) 960 0505 F: (212) 960 0525 www.terafinansfaktoring.com.tr