In compliance with the provisions of Law No. 677/2001 on the protection of persons in regard to the processing of data of a personal nature and the free circulation of such data, issued with a view to implementing Directive 95/96/EC, we hereby let you know that the Bank, in its capacity of an authorised operator of data of a personal nature No. 1262/2004, is entitled to process data of a personal nature belonging to its customers while performing transactions via SWIFT (Society for Worldwide Interbank Financial Telecommunication) on the basis of No.758/2004 assigned by ANSPCDP.
Moreover, such data of a personal nature belonging to the Bank’s customers that benefit from banking services carried out via SWIFT are subject to external transfers to the SWIFT operational centres in the USA or Belgium, where they can be accessed with a view to fighting terrorist acts.
In July 2007, SWIFT accepted to comply with the “Safe Harbor” protection principles in virtue of a protocol concluded between the U.S. Department of Commerce and the European Commission. As a result, all transfers of data of a personal nature heading for the United States of America are performed on the basis of the above-mentioned principles, which ensure an adequate protection level for data of a personal nature that are subject to transfers to the SWIFT operational centre in the USA.
The data subject to processing and thereafter transferred abroad via transactions performed by the agency of SWIFT are the following: name, surname of the sender / name, surname of the recipient, IBAN account number, purpose of transfer etc. The period for storing the data of a personal nature is established by the legal regulations applicable to credit institutions.
The rights of the persons involved in international funds transfers via SWIFT, consistent with Law No. 677/2001 on the protection of persons in regard to the processing of data of a personal nature and the free circulation of such data, are the following: the right to access and the right to alter data (Art. 13 and Art.14 respectively).
For more details on this subject, feel free to send an e-mail to: email@example.com, or dial the following toll-free number: 0 800 800 848.