Security & Data Protection

At Bazar Money Transfer, safeguarding our clients’ information and funds is at the core of everything we do. We take a proactive approach to security by implementing advanced controls to protect against fraud, data breaches, and unauthorized access—aligned with Canadian standards and global best practices.

Confidential Information Handling

We treat all sensitive and confidential information with the highest level of care. Access is strictly limited to authorized personnel with a legitimate business need. Following the latest internal risk assessments, we have implemented a range of proportional and effective controls to address evolving information security threats and vulnerabilities.

As part of our ongoing risk management practices, we regularly review the effectiveness of these controls. When operational changes impact our threat landscape, we take immediate steps to strengthen our security posture accordingly.

Client Funds Protection: Safeguarded Bank Accounts

Client funds are held in segregated accounts with reputable Canadian financial institutions. These dedicated accounts ensure that your money is isolated from the company’s operational funds and remains secure at all times.

Privacy and Data Protection

Bazar Money Transfer is committed to protecting your personal data in accordance with Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA).

We adhere to the following core principles:

* Clear documentation of the type and source of client data
* Controlled and limited access based on role-based permissions
* Lawful, transparent, and purpose-specific data processing
* Immediate response and mitigation in the event of a data breach, in line with Office of the Privacy Commissioner of Canada (OPC) guidelines

Physical and Cloud Security

We utilize the Odoo cloud platform to store and manage sensitive client information. All Odoo servers are housed in highly secure environments and regularly updated to defend against the latest SSL threats, maintaining a Grade “A” SSL security rating at all times.

Network and Application Security

To proactively detect and respond to any unauthorized access or breach attempts, we leverage:

• Odoo’s Monitoring and Auditing tools for real-time alerts
• Continuous threat analysis and activity logging
• Automated and manual incident response processes

Encryption & Data Integrity

We follow best-in-class encryption practices:

We follow best-in-class encryption practices:

• All data is encrypted in transit and at rest
• Encryption keys are securely stored and managed
• Secure Socket Layer (SSL) protocols are strictly enforced

Regulatory Compliance

FINTRAC Registration (Canada):

Bazar Money Transfer is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business (MSB). This includes full compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) requirements under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.

FCA Registration (UK):

For UK-based operations, Bazar Money Transfer is authorized by the Financial Conduct Authority (FCA) to provide money transmission services.

Legal Disclaimer:

Bazar Money Transfer Inc. Online Service is offered in Canada, Incorporation Number: 5053698, registered address: First Canadian Place, 100 King Street West, Suite 5600 Toronto, ON M5X 1C9. It’s registered by The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) under Money Service Business (MSB) Regulations, MSB Registration Number M21422656.

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