Protection of Personal Data

Clarification Text on the Processing of Personal Data

Your personal data shall be processed within the scope of the performance of the factoring services to be provided by İŞ FAKTORİNG A.Ş. and especially for the purposes of providing the loan, for which reason we present the following information for your clarification:

1. Data Controller

Pursuant to the Law on the Protection of Personal Data ("PPD Law") numbered 6698, your personal data may be processed within the following scope by İŞ FAKTORİNG A.Ş. acting in the capacity of data controller.

2. Method of Processing Your Personal Data and Purposes of Processing

Any of your personal data obtained as a result of all kinds of intelligence activity and research conducted by İŞ FAKTORİNG A.Ş., through the use of the existing personal data, and that obtained through T. İş Bankası A.Ş., if you are also a customer of said bank, or that disclosed to İŞ FAKTORİNG A.Ş. by you, shall be processed, particularly in the form of recording your name, address and other contact information, collecting and analyzing your financial information in order that İŞ FAKTORİNG A.Ş. may perform the factoring transactions and that the mutual rights and obligations within this scope may be determined; transferring your personal information to persons or corporations resident abroad in the event that overseas factoring transactions are carried out; keeping and processing your status of shareholding with other companies, your transactions with other financial institutions, and your loans related to your business operations; and transferring your personal data to 3rd persons, corporations and institutions resident within the boundaries of the Republic of Turkey for the sole purpose of performing the factoring transactions.

3. Your rights under Article 11 of the Law on the Protection of Personal Data

Pursuant to Article 11 of the Law on the Protection of Personal Data with respect to your personal data we obtain, you will have right to

  • Learn whether or not your personal data is processed;
  • Request information in case your personal data has been processed;
  • Find out the reason for processing of your personal data and whether it had been used properly for this purpose;
  • Know the third parties to whom your personal data has been transmitted at home or abroad;
  • Request for the correction of your personal data if it is incomplete or incorrectly processed and to ask that the process carried out in this context be notified to the third parties to whom your personal data has been transmitted;
  • Request for the deletion or destruction of your personal data if the reasons for processing the same have ceased to exist although it has been processed in accordance with the PPD Law and other relevant laws, and to ask that the process carried out in this context be notified to the third parties to whom your personal data has been transmitted;
  • Object to any unfavorable result that you suffer due to the analysis of processed data only by means of automatic systems;

You may communicate your application to exercise your rights in question through our Company's communication channels notified to you in the factoring agreement, this clarification text and other methods, by using the procedure indicated in the transaction agreement sent to you via fax or e-mail and concluded with you, by other methods prescribed by the Personal Data Protection Board, or via mail to İş Faktoring A.Ş. - İş Kuleleri Kule: 1 Kat: 10 Levent/ISTANBUL. Your applications shall be finalized within no later than 30 days following our receipt of the same.

In case you claim that your personal data is used improperly by İş Faktoring A.Ş., you shall be entitled to bring your claim for indemnification before judicial authorities in accordance with the general provisions.

PPD COMMUNICATION FORM