Colombia
BNKA Digital Wallet Terms and Conditions
DIGITAL CORRESPONDENT – COOPERATIVE BANK COOPCENTRAL
The user acknowledges that BNKA is a digital correspondent of Banco Cooperativo Coopcentral and that, by accepting these terms and conditions, they may use its technological platform to open financial products of the Bank. For this purpose, the user may consult the regulations, terms of use of these financial products, as well as the data protection policy on the website www.coopcentral.com.co
The user acknowledges and accepts that, through the use of BNKA’s technological platform, they may request the creation of financial products of the Bank, such as low-value deposits or ordinary deposits (depending on the functionalities enabled by the Digital Correspondent). Additionally, through the platform, the user may manage the financial products acquired via the digital correspondent’s platform, as well as their means of use, perform transactional operations, and consult balances and transaction history, among other services.
To use the services and/or financial products offered by Banco Cooperativo Coopcentral through the BNKA digital correspondent platform, the user must provide certain personal data. The user’s personal information will be processed in compliance with high standards of physical and technological security and protection, and in accordance with Law 1581 of 2012, by BNKA. The user expressly accepts that BNKA may share the user’s information, in whole or in part, with Banco Cooperativo Coopcentral for the purpose of linking the user to Banco Cooperativo Coopcentral, provided that the user accepts the creation of financial products with the Bank.
The user acknowledges and accepts that the products referred to as low-value deposits or ordinary deposits, which may be opened through the technological platform of the digital correspondent, are financial products of Banco Cooperativo Coopcentral, a banking entity supervised by the Financial Superintendence of Colombia and backed by the deposit insurance of Fogafin.
Likewise, the user acknowledges and accepts that the Bank is responsible for the low-value deposit and ordinary deposit products, as well as for the services provided for their administration and management.