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.

Appears in 2 contracts

Sources: Operation of Account Agreement, Operation of Account Agreement