Common use of Using Customer Information Clause in Contracts

Using Customer Information. The information the Bank collects about the Customer may be used and disclosed for the following purposes: i. to open and operate Customer account(s) ii. to provide the Customer with products and services the Customer may request; iii. to determine the Customer’s financial situation; iv. to determine the Customer’s eligibility for products and services the Bank offers; v. to help the Bank better manage its business and relationship with the Customer; vi. to maintain the accuracy and integrity of information held by credit reporting agency; and vii. as required or permitted by law viii. if it is in the best interest of the Bank to do so For the above purposes, the Bank may make this information available to its employees, its agents and service providers who are required to maintain the confidentiality of this information. The Bank may also provide this information to financial institutions or persons or entities with whom the Customer has or may have financial and other business dealings. Upon Customer’s request, the Bank may give this information to other persons or entities. The Bank may also use this information and share it with RBC companies (i) to manage its risks and operations and those of RBC companies, (ii) to comply with valid requests for information about the Customer from regulators, government agencies, public bodies and other entities who have a right to issue such requests, and (iii) to let RBC companies know Customer choices under “Other Uses of Customer Information” for the sole purpose of honouring Customer choices.

Appears in 2 contracts

Sources: Financial Services Agreement, Financial Services Agreement

Using Customer Information. The information the Bank collects about the Customer may be used and disclosed for the following purposes: i. to open and operate Customer account(s) ii. to provide the Customer with products and services the Customer may request; iii. to determine the Customer’s financial situation; iv. to determine the Customer’s eligibility for products and services the Bank offers; ; . v. to help the Bank better manage its business and relationship with the Customer; vi. to maintain the accuracy and integrity of information held by credit reporting agency; and vii. as required or permitted by law viii. if it is in the best interest of the Bank to do so For the above purposes, the Bank may make this information available to its employees, its agents and service providers who are required to maintain the confidentiality of this information. The Bank may also provide this information to financial institutions or persons or entities with whom the Customer has or may have financial and other business dealings. Upon Customer’s request, the Bank may give this information to other persons or entities. The Bank may also use this information and share it with RBC RBTT companies (i) to manage its risks and operations and those of RBC RBTT companies, (ii) to comply with valid requests for information about the Customer from regulators, government agencies, public bodies and other entities who have a right to issue such requests, and (iii) to let RBC RBTT companies know Customer choices under “Other Uses of Customer Information” for the sole purpose of honouring Customer choices.

Appears in 1 contract

Sources: Business Services Agreement