Common use of DISCLOSURE CLAUSE Clause in Contracts

DISCLOSURE CLAUSE. 5.1 The Customer(s) consent(s) to the Bank and/or any of its personnel disclosing any information (including personal information), whether in India or otherwise: (a) To any of its affiliates or providers who have a legitimate business purpose for obtaining such information, including offering the Customers products or services in connection with or to facilitate the use of Locker or for risk management purposes. (b) To any of its providers, affiliates or any other third party as the Bank may consider necessary in order to give effect to any electronic instructions or transaction or to comply with any order or request of any court, government, regulatory, statutory or other competent authority in any jurisdiction. (c) To any information gathering or processing organisation or department conducting survey(s) on our behalf. (d) To any service provider for the purpose of or in connection with investigating any complaint or dealing with any query relating to Bank’s services or products. 5.2 The Customer understands and agrees that the Customer’s personal information may be held and processed on computers of the Bank, its service providers and/or contractors for providing certain Locker services and value-added services, statistical analysis, etc.