Privacy Notice:

GANE CAPITAL (PTY) LTD T/A COD BRIDGING FINANCE Introduction:

This is a notice to all data subjects (our clients) on how COD processes their personal information. Who we are: COD Bridging Finance (“COD”) is an established property bridging finance company that has been in existence for over 15 years. Operating nationally throughout South Africa from our head office in Durban, we have regional representation in most major cities. Our main focus is on the offering of property related bridging finance products to individuals and business entities involved in transactions where there is a sale of a property or registration of a new bond pending.

The type of personal information we collect:

We currently collect and process the following information:

  • Personal identifiers, contacts and characteristics (for example, name, ID numbers, bank details and contact details) How we get the personal information and what we use is for: Most of the personal information we process is provided to us directly by the client or from attorneys instructed by the client, for one of the following reasons:
  • To prepare and process bridging finance applications for clients wishing to discount surplus proceeds due to them on registration of property related transactions eg seller proceeds, estate agent commission advances, bond advances. The finance may typically be utilised for the payment of rates, levies, COCs and personal reasons. We also receive personal information indirectly, from the following sources in the following scenarios:
  • From property sale agreements
  • Bank guarantees
  • The attorneys attending to the property transaction in question

    We may share this information with:

  • Internal COD staff When will we process your personal information: In terms of the Protection of Personal Information Act (POPIA), the justification ground which we base our processing on consist out of the following:
  • The data subject or a competent person where the data subject is a child consents to the processing. Kindly note that you have the right to withdraw your consent;
  • The processing is necessary to carry out actions for the conclusion or performance of a contract to which the data subject is a party;
  • The processing complies with an obligation imposed by law on the business;
  • The processing protects a legitimate interest of the data subject;
  • The processing is necessary for the proper performance of a public law duty by the business; Or
  • The processing is necessary for pursuing the legitimate interests of the business or of a third party to whom the information is supplied.


How we store your personal information:

Your information is securely stored:
We keep your information in electronic format for 5 years whereafter it is deleted from our secure server.
No hard copies of personal information is kept or stored.


Your data protection rights: 

  • You are entitled to access your personal data by sending a written request to the below contact person. We may charge you a fee for this service.
  • You may also request us to correct or supplement any of your personal data which we will undertake as soon as practicable.
  • Request the destruction of your personal data. We will consider your request in light of any other laws or regulations prohibiting us from destroying your personal data.
  • You are not required to pay any charge for exercising your rights. If you make a request, we have one month to respond to you.

    Please contact us at 0861 007 670 / info@codbridgingfinance.co.za if you wish to make a request.


Contact details:
Name: THE MANAGER Address: SUITE 3B ATTWOOD HOUSE, 21 SWAPO ROAD, DURBAN NORTH Phone Number: 0861 007 670
E-mail: info@codbridgingfinance.co.za
How to complain: If you have any concerns about our use of your personal information, you can make a complaint to us at info@codbridgingfinance.co.za

You can also complain to the Information Regulator if you are unhappy with how we have used your Information. Their contact details are as follows:

The Information Regulator (South Africa) 33 Hoofd Street Forum III, 3rd Floor Braampark P.O Box 31533 Braamfontein, Johannesburg, 2017

Complaints email: complaints.IR@justice.gov.za