Privacy Statement
What this statement is about
Your right to privacy is important to us. This statement explains your privacy rights and our rights and obligations in relation to your personal information.
Your rights
You need not give us any of the personal information requested in this application form or any other document or communication relating to this account. However, without this information, we may not be able to process this application or provide you with an appropriate level of service.
You may request access at any time to personal information held by us about you and ask us to correct it if you believe it is incorrect or out of date.
How we may use your personal information
We use your personal information to:
- process your application (including perfoming the 100 point check required by the Financial Transaction Report Act)
administer and manage all your accounts, and
facilitate our internal business operations, including fulfilment of any legal requirements and confidential system maintenance and testing.
Our right to disclose your personal information
We may disclose your personal information in the following circumstances:
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to any referee nominated by you
to our external providers (which may be overseas) that provide services for the purposes only of our business, on a confidentail basis, for example to a mailing house, data processors, and organisations providing payment clearing and settlement services
if you request us to do so or if you consent (for example (or a direct debit) or where the law requires or permits us to do so.
Use by the BankSA Group of companies
We may also use your personal information to give access to personal information about you to any member of the BankSA Group to:
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assess your total relationship and product holding with the BankSA Group, analyse products and customer needs and develop new products, and
inform you of products and services provided by us, any member of the BankSA Group or by preferred providers which we think may be of value or interest to you, unless you tell us not to.
Your authority to us
By submitting this application form online, you authorise us to collect, maintain, use and disclose your personal information in the manner set out in this privacy statement.
DECLARATION
I/We declare that:
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I am or We are resident(s) of Australia. Change of Australian resident status requires notification to the Bank in writing within seven days
The details of the information provided in this application are correct and complete. I/We understand that it is an offence under the Financial Transaction Reports Act to make false or misleading information
The Bank has my/our authority and the right to confirm the details of the information provided in this application
I/we have read and understood the Privacy Statement and consent to the collection, use and disclosure of personal information in accordance with the Privacy Statement
Where I/we have provided information about another individual, the individual has been made aware of that fact and the contents of the Privacy Statement
The account will not be held in trust
