Personal Data Use
Pursuant to the laws of The Bahamas, regulating use of personal information, data which may be collected from you shall only be used, processed and communicated in accordance with applicable law. Natural persons have a right of access and rectification as provided for by the law. All requests to this effect must be submitted to CUB in writing.
CUB shall take all reasonable steps to ensure the confidentiality of your data. In addition, you acknowledge that in some instances, in order to carry out certain functions on your behalf and in order to properly fulfill the legal, operational, contractual, banking or securities’ custody obligations that might arise, your data may be transferred to third parties external to CUB in the absolute discretion of the bank. Pursuant to the Data Protection (Privacy of Personal Information) Act, 2003 and the Bank & Trust Companies Regulations Act, 2020 you hereby consent to the sharing and provision of your data and information to other members of the bank for purposes of assisting with carrying out banking services for your benefit in order to properly fulfill the legal, operational, contractual, banking or securities’ custody obligations that might arise. The treatment and transfer of data shall not be regarded in any case as a violation of bank secrecy.
CUB will only use your information as permitted or required by applicable regulations. CUB will not be liable to you for any loss or damage where CUB discloses or withholds information pursuant to lawful order or otherwise in accordance with the applicable regulations.
Use of the Site shall be subject to the laws of the Commonwealth of The Bahamas, which shall exclusively govern the interpretation, application, and effect of all the conditions of use set out above. By accessing this Site, all users agree to submit to the exclusive jurisdiction of the courts of The Bahamas to finally adjudicate or determine any suit, action or proceeding arising out of or in connection with the use of this Site.