Privacy Policy
Last Updated: January 2026 | Effective Date: January 1, 2026
Your Privacy Rights
- ✓ Right to access your personal data
- ✓ Right to correct or update your information
- ✓ Right to request deletion of your data
- ✓ Right to opt-out of marketing communications
- ✓ Right to data portability
- ✓ Right to lodge a complaint with regulators
1. Introduction
We take your privacy seriously. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our banking website and services. Please read this privacy policy carefully. If you do not agree with our policies and practices, please do not use our website.
We comply with all applicable data protection laws including GDPR, CCPA, and local banking regulations.
2. Information We Collect
We collect information in various ways:
Personal Information
Information you provide directly:
- Name, email address, and phone number
- Date of birth and national identification number
- Address and country of residence
- Bank account details and financial information
- Payment information and transaction history
- Occupation and employment information
- Emergency contact information
Automatic Information
Information collected automatically when you visit:
- IP address and browser type
- Pages visited and time spent on pages
- Referring/exit pages
- Device information and operating system
- Cookies and similar tracking technologies
- Login and account access patterns
- Location data (approximate, based on IP address)
Identity Verification Information
Information collected for KYC/AML compliance:
- Government-issued ID documents (scanned or photographed)
- Facial recognition data (selfies for verification)
- Address verification documents
- Proof of income documents (if required)
- Source of funds information
3. How We Use Your Information
We use the information we collect for:
- Providing and improving our banking services
- Processing transactions and account management
- Verifying your identity and preventing fraud
- Complying with legal and regulatory requirements
- Communicating with you about your account and services
- Sending promotional materials and updates (only with your consent)
- Analyzing usage patterns to improve our website
- Enforcing our terms of service
- Investigating and resolving disputes
- Detecting and preventing illegal activities
4. KYC and AML Compliance
To comply with banking regulations, we collect and process Know Your Customer (KYC) and Anti-Money Laundering (AML) information. This process includes:
- Verification of your identity through government-issued documents
- Assessment of your source of funds
- Monitoring of transaction patterns for suspicious activity
- Reporting to regulatory authorities as required by law
- Enhanced due diligence for high-risk transactions or customers
We may be required to report suspicious transactions to relevant authorities without your consent.
5. Data Security
We implement comprehensive security measures to protect your information:
- SSL/TLS encryption (256-bit) for all data transmission
- AES-256 encryption for stored data
- Regular security audits and penetration testing (quarterly minimum)
- Multi-factor authentication for account access
- Restricted access to sensitive information (role-based access control)
- Regular staff training on data security and privacy
- Secure data destruction procedures
- Intrusion detection and prevention systems
- Regular backup and disaster recovery procedures
While we implement strong security measures, no system is completely secure. We cannot guarantee absolute security.
6. Data Sharing and Third Parties
We may share your information with:
- Payment processors and financial institutions (for transactions)
- Identity verification service providers
- Law enforcement and regulatory authorities (when required)
- Service providers who assist us in operating our website
- Credit reference agencies (with your consent)
- Accountants, auditors, and legal advisors
We do not sell your personal information to third parties for marketing purposes. Any third-party processors are contractually obligated to maintain confidentiality and use your information only for specified purposes.
7. Cookies and Tracking Technologies
We use cookies and similar technologies to:
- Remember your login information and preferences
- Understand how you use our website
- Personalize your experience
- Improve our services
- Analyze traffic and user behavior
- Detect and prevent fraud
You can control cookie preferences through your browser settings. Disabling cookies may limit your ability to use certain features of our website.
8. Data Retention
We retain your information for:
| Data Type | Retention Period | Reason |
|---|---|---|
| Account Data | Duration + 1 year | Service provision & closure |
| Financial Records | 7 years | Regulatory requirements |
| KYC Documents | Duration + 5 years | AML/KYC compliance |
| Transactions | Indefinite | Audit trail & compliance |
9. Your Privacy Rights
You have the right to:
- Access: Request a copy of your personal information
- Correction: Correct inaccurate or incomplete information
- Deletion: Request deletion of your data (subject to legal requirements)
- Opt-out: Unsubscribe from marketing communications
- Portability: Receive your data in a standard format
- Restriction: Restrict processing of your data
- Complaint: Lodge a complaint with regulatory authorities
To exercise these rights, contact us using the information in the Contact Us section. We will respond within 30 days.
10. GDPR and Regional Privacy Laws
If you are located in the European Union or other jurisdictions with data protection regulations, additional rights and protections apply under those laws. We comply with:
- GDPR (General Data Protection Regulation): EU data protection law
- CCPA (California Consumer Privacy Act): California consumer privacy rights
- LGPD (Lei Geral de Proteção de Dados): Brazilian data protection law
- Local data protection regulations: In your jurisdiction
11. Children's Privacy
Our website is not intended for children under the age of 18. We do not knowingly collect personal information from children. If we become aware that we have collected information from a child, we will promptly delete such information and terminate the child's account. If you believe we have collected information from a child, please contact us immediately.
12. Changes to This Privacy Policy
We may update this Privacy Policy from time to time. We will notify you of significant changes by posting the new Privacy Policy on our website and updating the "Last Updated" date. Your continued use of our website following the posting of revised Privacy Policy means that you accept and agree to the changes. For material changes, we will provide notice via email.
13. Contact Us
If you have questions about this Privacy Policy or our privacy practices, please contact us at:
Email: privacy@bank.com
Address: 123 Banking Street, Finance City, FC 12345
Phone: +1 (555) 123-4567
Data Protection Officer: dpo@bank.com
Response Time: Within 30 days