Our Use of Third Parties

Effective date:

1. Banking and payment services

Saible does not provide banking or payment services and does not hold or transfer customer money.

All project funds are held and managed by a UK-regulated bank under a trust account structure.

Our partner bank is responsible for:

• opening and operating the trust account(s)

• receiving and releasing funds from those accounts

• safeguarding project monies under the trust arrangement

Saible provides technology only. The bank provides the regulated payment services.

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2. Identity verification and compliance screening

To support secure onboarding and prevent unauthorised access to accounts, Saible uses third-party identity and/or business verification providers.

These providers may carry out:

• identity verification (KYC/KYB)

• fraud prevention screening

• sanctions and politically exposed persons (PEP) checks

Any verification decisions, pass/fail outcomes or required additional checks may be determined by the relevant third-party provider and/or the bank.

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3. Cloud hosting and data processing

Saible runs on cloud-based infrastructure provided by world-class hosting providers.

They support:

• secure storage and processing of platform data

• encrypted transmission of information

• platform stability and performance

These providers do not have independent rights to use customer data other than to support delivery of the Saible service.

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4. Software integrations and external tools

Certain platform features may rely on integrations with third-party tools (for example: biometrics, document validation, analytics, or collaboration services). Where this is the case:

• Saible instructs the third party to process data only for specified purposes

• the third party must follow contractual security and confidentiality obligations

• customer data is not sold or used for marketing by third parties

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5. Changes to third-party providers

The third parties Saible works with may evolve over time as products and security requirements develop.

Saible may add, remove or replace third-party providers from time to time. Any material changes that affect the delivery of services or processing of personal data will be reflected in this page and/or our Privacy Notice.

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6. Questions

If you have any questions about our use of third-parties or our partnerships with providers, please contact us at support@saible.co.uk

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