In the course of using this website or availing the products and services vide the online application forms and questionnaires, AB Bank Limited and its Affiliates may become privy to the personal information of its customers, including information that is of a confidential nature.
AB Bank Limited undertakes not to disclose the information provided by the Customers to any person, unless such action is necessary to:
- Conform to legal requirements or comply with legal process;
- Bangladesh Government and/or Bangladesh Bank requirements;
- Protect and defend AB Bank Limited's or its Affiliates' rights, interests or property;
- Enforce the terms and conditions of the products or services; or
- Act to protect the interests of AB Bank Limited, its Affiliates, or its members, constituents or of other persons.
The Customers shall not disclose to any other person, in any manner whatsoever, any information relating to AB Bank Limited or its Affiliates of a confidential nature obtained in the course of availing the services through the website. Failure to comply with this obligation shall be deemed a serious breach of the terms herein and shall entitle AB Bank Limited or its Affiliates to terminate the services, without prejudice to any damages, to which the customer may be entitled otherwise.
AB Bank Limited will limit the collection and use of customer information only on a need-to-know basis to deliver better service to the customers. AB Bank Limited may use and share the information provided by the Customers with its Affiliates and third parties for providing services and any service-related activities such as collecting subscription fees for such services, and notifying or contacting the Customers regarding any problem with, or the expiration of, such services. In this regard, it may be necessary to disclose the customer information to one or more agents and contractors of AB Bank Limited and their sub-contractors, but such agents, contractors, and sub-contractors will be required to agree to use the information obtained from AB Bank Limited only for these purposes.
The Customer authorizes AB Bank Limited to exchange, share, part with all information related to the details and transaction history of the Customers to its Affiliates / banks / financial institutions / credit bureaus / agencies/participation in any telecommunication or electronic clearing network as may be required by law, customary practice, credit reporting, statistical analysis and credit scoring, verification or risk management and shall not hold AB Bank Limited liable for use or disclosure of this information.