This document is a template of Privacy Policy for Financial Institution. It can also be drafted as a Notice on Use of Personal Data. This document specifies the details of the collection of data, use of data, disclosure of data and etc. This document is drafted in Long Form. 

The personal data provided by client to the Company and in any documentation which comes into existence as a result of client’s opening or maintaining of the Account with the Company, will be used by the Company for the stated purposes.

It is obligatory for the client to provide the personal date as required by the Company. The Company may also disclose to its agents and associations such information that the Company deems necessary to operate the client's account.

 

How to use the document?

This document should be carefully read by the financial institution 

This document should be regularly updated on the revision date, and the users should be given notice before the new privacy policy rules replace the existing privacy policy.