From 25 May 2018, EU’s new General Data Protection Regulation (GDPR) will apply to the processing of personal data by businesses, organisations and public institutions in the EU. The new rules are also of importance to those persons at your business about whom we have registered data as part of our business relations with you. Such persons may be authorised signatories, owners, executives, employees, guarantors, your customers, pledgors or other third parties associated with your business.
The implications of the new rules
In brief, the new rules give all private individuals a better overview and more control of their personal data – this also applies to persons associated with your business about whom we have registered data. In the future, it will become even easier to:
- view the personal data we have registered
- have the data updated
- be informed of how we use the data - for example, we use the data to protect you against fraud, to perform agreements with you and to meet statutory requirements for us as a financial institutions
Information about the processing of personal data
If you want to learn more, you can find our Privacy Notice for business and corporate customers in different languages below. The Privacy Notice provides you with information on how we process personal data, including:
- the categories of personal data that we process
- the purposes according to which the data is processed
- the legal basis for us to process personal data
- the rights of the affected persons
- the duration for which we process personal data.
Click below in the list to read the document.
You can also read our “General conditions”, which have been updated with the new rules.
General Conditions in Danish
General Conditions in English
General Conditions for Correspondent Banks
You are always welcome to contact your Relationship Manager if you have questions or if anyone at your organisation wants an overview of the information we have registered about him or her or wishes to have the information updated or deleted.