role in ensuring privacy. Protection of your
personal and financial information is an
extremely important matter when banking
via the Internet. The privacy of aconsumer’s
personal information to be an important
element of public trust and confidence in
the banking system.
Responsibilities of banking institutions
- in ensuring privacy
All banking institutions offering Internet
banking services have to adopt responsible
privacy policies and information practices.
For example, banking institutions should
prompt you with a message to inform
you that you will be leaving the banking
institutions’ websites and hence you will
not be protected by the privacy policies and
security measures of the banking
institutions when you hyperlink to third
parties from their websites.
statement of banking institutions, which
are posted at their websites prior to
providing your personal information.
By reviewing this policy, you will know the
type of information banking institutions
collect and maintain about you. Banking
institutions may want to share information
about you with a related entity to market
specific products that may meet your needs
and interests. If you do not want your
banking institution to share your personal
information with others without your
permission, you should request your banking
institution for the “opt out” option.
banking services have to adopt responsible
privacy policies and information practices.
For example, banking institutions should
prompt you with a message to inform
you that you will be leaving the banking
institutions’ websites and hence you will
not be protected by the privacy policies and
security measures of the banking
institutions when you hyperlink to third
parties from their websites.
- Your responsibilities in ensuring privacy
statement of banking institutions, which
are posted at their websites prior to
providing your personal information.
By reviewing this policy, you will know the
type of information banking institutions
collect and maintain about you. Banking
institutions may want to share information
about you with a related entity to market
specific products that may meet your needs
and interests. If you do not want your
banking institution to share your personal
information with others without your
permission, you should request your banking
institution for the “opt out” option.
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