Changes in Luminor’s General Business Terms and Privacy Policy
2018-10-30
Dear customer,
Starting from 2 January 2019 there will be changes to Luminor’s General Business Terms (the Terms) and Privacy Policy.
Changes in General Business Terms
The new unified Terms will replace currently applicable Luminor Bank AB General Rules on the Provision of Services of the Bank (D) and Luminor Bank AB General Service Rules (N) documents and will apply to all Luminor customers, products and services.
The Terms regulate the main aspects of relations between the bank and its customers and set general rights and obligations of the customer and the bank related to performance of any agreement or transaction with the bank.
We encourage you get acquainted with all the terms and conditions of Luminor General Business Terms that can be found in this link here.
Changes in privacy policy (applicable to private individuals)
Changes in bank’s legal structure, our aim to replace current shareholder’s financing with more self-sustainable funding in financial markets drives the need to update our Privacy policy as well.
Most important changes:
List of Luminor companies are updated considering changes in group’s legal structure;
New data processing purposes and categories of personal data recipients are explained in more details providing that in some cases we may have a legal requirement or legitimate interest to share personal data with our shareholders, rating agencies or participants of financial markets and entities involved in arranging of funding;
Our actions involving processing of personal data in money laundering, terrorist financing prevention and implementation of international sanctions areas are further explained in more details.
We encourage you get acquainted with complete Luminor’s privacy policy that can be found in this link here.
In case of any questions, please do not hesitate to contact our 24/7 customer support by calling +370 5 239 3444 or writing an e-mail to info@luminor.lt.
