Information concerning the transmission of personal data
Personal data communicated for the purposes of funds transfers are handled by the bank and by other specialist companies such as SWIFT (Society for Worldwide Interbank Financial Telecommunication). Such data may be handled via centres located in other European countries and in the United States of America, which operate in accordance with their laws. Consequently, the authorities in the United States of America may request access to personal data stored in the processing centres in the framework of the fight against terrorism. Any customer that gives an order to the bank to execute a payment or any other transaction implicitly agrees that all the necessary data for the proper execution of the transaction may be handled outside of Luxembourg.
