Privacy Policy - Data Privacy & Protection

This Privacy Policy explains how we collect, use and protect your personal data in accordance with the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018.

Preowned Luxuries is a trading name of AL KAREEM JEWELLERS LTD
Company Number: 11186942

Registered Office:
Suite 15
88–90 Hatton Garden
London
EC1N 8PN

Email: preownedluxuries@gmail.com

ICO Registration Number: 00012994259

1. Who We Are

Preowned Luxuries operates as a luxury resale business specialising in:

Pre-owned watches
Pre-owned jewellery
Luxury bags and accessories
Consignment services
Buying and valuations

We are the "data controller" for the purposes of UK data protection law.

2. Information We Collect

We may collect the following information:

Personal Information

Full name
Address
Email address
Telephone number
Account login details

Transaction Information

Order details
Payment method (processed securely via third-party providers)
Purchase and sales history

Identity Verification (High-Value Transactions)

For security and fraud prevention purposes, we may request:

Government-issued identification
Proof of address
Payment verification documentation

Technical Information

IP address
Browser type
Device data
Cookies

3. How We Use Your Information

We use your personal data to:

Process orders and payments
Manage customer accounts
Prevent fraud and theft
Verify identity for high-value transactions
Comply with legal obligations
Respond to enquiries
Improve website performance

We only process personal data where we have a lawful basis under UK GDPR.

4. Lawful Basis for Processing

We rely on the following lawful bases:

Contractual necessity (processing orders)
Legal obligation (anti-money laundering, tax, fraud prevention)
Legitimate interests (business protection and security)
Consent (where applicable for marketing)

5. Anti-Money Laundering (AML) & High-Value Goods Compliance

As a luxury goods dealer operating in the Hatton Garden jewellery district, we may carry out enhanced due diligence procedures where required.

For high-value transactions, we may:

Verify customer identity
Retain transaction records
Conduct source-of-funds checks where appropriate

These measures are taken to comply with applicable financial crime prevention obligations and to protect our business and customers from fraud and unlawful activity.

We reserve the right to refuse transactions where compliance requirements are not met.

6. CCTV & In-Store Monitoring

Our premises at:

Suite 15
88–90 Hatton Garden
London
EC1N 8PN

Are monitored by CCTV for:

Crime prevention
Fraud prevention
Staff and customer safety
Verification of collection-only watch purchases

CCTV footage is stored securely and retained only for as long as necessary for security purposes.

Footage may be shared with law enforcement authorities where required.

7. Sharing Your Information

We may share personal data with:

Payment processors
Courier companies
Fraud prevention agencies
Professional advisers
Law enforcement or regulatory authorities

We do not sell your personal data.

8. Data Retention

We retain data only as long as necessary:

Order and accounting records: minimum 6 years (legal requirement)
Identity verification documents: retained only as long as necessary for fraud prevention
CCTV footage: retained for a limited security period

9. Your Rights

Under UK GDPR, you have the right to: