Privacy

It is our goal to provide our customers with the best financial services. In order to do so, it is important that you let us know about you, your needs, and your goals. It is only through the analysis of this information that we are able identify your needs and provide you with the products and services that best suit your interests and goals. It also places us in a better position to evaluate your credit applications.

We acknowledge the importance of protecting your privacy along with your financial assets, by recognising our obligation to assure the security and confidentiality of the information that you provide to us. To assure your trust, the cornerstone of a solid relationship, we express our commitment to protect your information under the principles and guidelines described in this section. We will continue to secure the confidentiality of your information by offering you the protection of this policy, even in the event that you cease to be our customer.

I. Collection, Use, and Employee Access:

We collect only relevant information, required or allowed by law, and necessary to conduct our business. As part of this process, we gather non-public personal information from the following sources.

• Information we receive from you on your application(s) and other bank-owned forms (i.e. name, address, identity card number, assets and income)
• Information resulting from and about your transactions with us (i.e. account balances, payment history, credit card use, etc.)
• Information received from credit agencies (i.e. credit history, etc.)

The information that we collect is strictly used for banking purposes. Our employee's access to your records is controlled and allowed only for business reasons.

II. Protection and Safety of the Information:

We will always retain control over the confidentiality of your information.

We maintain physical, electronic, and procedural safeguards to protect your information; in addition we have adopted and implemented safety and security practices to ensure that your information remains confidential.

We have adopted and implemented disciplinary procedures to deal with employees for breach of their duty to protect the security and confidentiality of your records.

III. Sharing the Information:

While conducting our business, we may with your consent, share your information in the provision of the services you require from us.

We will not disclose specific account information or other personal information except as permitted by law. We may exchange information with credit reporting agents to maximise the accuracy and security of your information.

Therefore, we will share your information only if:

1. You consent to it
2. We are required to do so by law
3. It involves information about your credit history with your consent
4. The disclosure is necessary to protect the interest of the Bank
5. The disclosure is necessary to protect the interest of the public

Please contact us for more information about this and other Scotiabank policies.