Polaris Bank Data Privacy ✅❣️

Polaris Bank Data Privacy – Polaris Bank is committed to keeping all information submitted to the Bank during your communication/contact with us as private as possible. This policy applies to all data collected via our website (www.polarisbanklimited.com) and other communication methods. As a Polaris Bank customer, you have agreed to the terms of our privacy and confidentiality agreement, which can be found on your account opening documents. You acknowledge and consent to our privacy practices outlined on this page by continuing to use our website and other customer interaction channels.

Data Privacy Policy

A privacy policy tailored to the data being gathered must be documented in writing and published on the medium via which the information is gathered for all Personal Data ordered. The Privacy Policy must be clear, concise, and easy to understand by the data subjects it is intended for. The following topics will be covered under the Privacy Policy:

When personal data is being collected, and it isn’t specifically defined in the media being utilized, it must be specified (e.g., through named fields in forms)

Why is Personal Data being collected?

Security and Confidentiality

Polaris Bank takes reasonable steps to protect Personal Data from an unintentional or unlawful destruction, loss, modification, disclosure, or access. To prevent unauthorized access, these procedures include technical, physical, and organizational security measures.

Protecting the Rights of Data Subject

Individuals have rights when it comes to how their Personal Data is handled by us. Among those rights are:The right to access their Data if their demands are reasonable and permitted by law or regulation. Individuals must have an affordable and accessible means to submit their requests to Polaris Bank, which do not have to be in a specific format and presented in any fashion. The Bank will take appropriate steps to give the requested information in writing, electronically, or orally, in response to the Data Subject’s request, provided that the Data Subject’s identification has been validated. Except where it has been proved that the recommendations are baseless and unreasonable, the Bank will supply such information free of charge. If the Bank has reasonable questions about the person’s identity making the request, the Bank may ask for additional information to validate the Data Subject’s identity. The Bank must give the requested information or provide genuine reasons for not complying with their request within 30 days of establishing the identity of any Individual submitting a request for access to their Personal Data.
The right to have their Personal Data erased by the Bank if it is no longer valid or essential for the purposes for which it was obtained, or if it is erroneous or incomplete. The Bank will erase such Personal Data at the Data Subject’s request and take reasonable steps to notify any Third Parties of the deletion.
If one of the following conditions applies: I the accuracy of the Personal Data is disputed, (ii) the processing is unlawful, (iii) the Controller no longer requires the Personal Data for processing, and (iv) the Individual has objected to the processing as described above, the Controller will stop processing the Personal Data.Individual has the right to obtain restriction of the Bank’s processing of their Personal Data.

Sensitive Personal Data

Polaris Bank employees are not permitted to process Sensitive Personal Data unless one of the following legal bases exists:

The Individual gave explicit consent to the data.
Processing concerns data explicitly made public by the

Note that, save in the case of a contract with a health professional subject to a duty of professional secrecy, a contractual relationship with the data subject is not considered as a legal foundation for the legitimate processing of sensitive data.

Privacy of Children

Polaris Bank Policy will protect children’s privacy by not collecting names, email addresses, or any other personally identifiable information directly from them. Furthermore, the Bank does not deliberately market to youngsters, and children under the age of 18 are not permitted to register internet accounts.” All transactions for children are made to the report by their parents or guardians.

Processing Personal Data for Marketing Purposes

Polaris Bank employees will not process personal data for direct marketing purposes unless the Individual has given valid consent and effective mechanisms have been put in place to allow individuals to withdraw their consent at any time.

Foreign Transfer

Polaris Bank will not transmit Personal Data to a country or entity outside of Nigeria unless it is convinced that the Personal Data will be appropriately protected under Data Protection Laws. In assessing which countries or foreign jurisdictions have adopted suitable measures to safeguard Personal Data, the Bank will depend on the decision of the Relevant Authorities and the Honorable Attorney General of the Federation (HAGF). If the Relevant Authorities or the HAGF do not make a decision, the Bank may transfer Personal Data to a foreign jurisdiction if any of the following requirements are met:

after being informed of the potential dangers of such transfers, the Data Subject has explicitly consented to the planned transfer;
The transfer is required to carry out a contract between the Data Subject and the Controller or to carry out pre-contractual procedures requested by the Data Subject;
Where the Data Subject is physically or legally incapable of giving consent, the transfer is necessary to protect the Data Subject’s or other persons’ vital interests; provided, in all circumstances, that the Data Subject has been made manifestly aware of the specific principle(s) of data protection that is likely to be violated in the event of trans; provided, in all circumstances, that the Data Subject has been made manifestly aware of the specific principle(s) of data protection that is likely to be violated in the event of trans; provided, in all

Cookies Policy

Cookies are a type of web-based short-term memory. They are kept in your browser and allow a website to remember minor amounts of data between pages or visits. Web servers can use cookies to identify and monitor users as they travel through different pages on a website and recognize users who return to the site. Cookies are classified as either “permanent” or “session” cookies. A persistent cookie is a text file provided by a web server to a web browser saved by the browser. It is valid until the expiration date specified (unless deleted by the user before the expiry date). On the other hand, a session cookie will expire when the web browser is closed at the end of the user session.

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