We hereby inform you about the processing of your personal data in accordance with Art. 13 and 14 GDPR, Section 21 (5) FM-GwG and the data protection claims and rights to which you are entitled. The content and scope of data processing depend largely on which products and services you apply for or agree with us.
Data processing in the context of account opening and account management
Data processing in the context of opening and management of time deposit accounts
Data processing in the context of video-identification before opening a time deposit account
To make it easier for you to open a transfer account, we offer an online video-identification for the required identification. The video identification is conducted on our behalf and exclusively for our purposes by CRIF GmbH and WebID Solutions GmbH, who are obliged to comply with all applicable data protection regulations. We provide your personal data (name, date of birth, address, e-mail address, phone number and your preferred language). In the video-identification WebID employees take photos of you and your identification document (passport, ID card, driving license) via your camera. These are transmitted to us for identification and account opening.
Name and title of the borrower and guarantor
If necessary, we store your personal data for the duration of the entire business relationship (from pre- contractual first contacts to contract execution and contract termination). We store your data beyond the end of our business relationship to fulfill legal retention or documentation requirements based on the Austrian Company Code (UGB), the Austrian Federal Tax Code (BAO), the Austrian Financial Markets Anti-Money Laundering Act (FM-GwG), and the Austrian Banking Act (BWG). The storage or documentation periods specified in the relevant laws are up to 10 years. Additionally, the statutory limitation periods according to the Austrian General Civil Code (ABGB), which in certain cases can be up to 30 years (the general limitation period is 3 years), must be considered for the storage period.
In the context of our business relationship, you are obliged to provide such personal data that are necessary to establish and manage the business relationship and which we are required to collect by law. If you fail to provide such data, we must refuse to enter into a contract with you or to execute an order or we will no longer be able to perform an existing contract and must therefore terminate it. However, you are not obliged to consent to the processing of data other not relevant for the performance of the contract and/or that are required under legal or regulatory provisions.
Please note that changes to the legal situation, technical developments, changes to our range of services and organizational changes may require an amendment or update of this Privacy Notice.
We reserve the right to amend this Privacy Notice, particularly in case of changes in the legal situation or changes in the banking processes and products.
The current version of the Privacy Notice will be published on this website, stating the date of amendment.