Who do we share your personal data with?

We work with other companies that help us provide services, such as the IBAN Name Check service. This is referred to as outsourcing. We are not permitted to pass your personal data on to them without good reason. There are rules that banks must comply with. We carefully select these companies and reach clear agreements with them on how they are to handle your personal data. We remain responsible for your personal data. 

 

Transaction Monitoring Netherlands (TMNL) was jointly established by several Dutch banks in order to tackle financial and economic crimes more effectively. TMNL helps ABN AMRO to improve the detection of financial crime and terrorist financing. Combined transaction monitoring by TMNL began in 2021. Currently, this only concerns payment transactions (including business payment transactions). It is possible that, in time, all transactions processed by the participating banks will be monitored by TMNL. More information can be found on the TMNL website . 

 

Sometimes we engage other parties that also provide services, such as lawyers, auditors or bailiffs. These parties bear their own responsibility for their use of your personal data.

Do you want us to give your personal data to other providers of financial services, such as a business that offers a specific financial service through an app? This is possible if you give your consent first. We will then be required to provide your personal data to these third parties. We are not responsible for how these third parties handle your personal data. 

 

If you share your personal data with other parties yourself, for example by making use of means of payment offered by other parties, we are not responsible for how those parties use your personal data. The privacy statements of those third parties apply instead. 

We may also transfer personal data to other parties if we contemplate transferring our legal position in relation to you to a potential buyer or investor. We do this, for example, if we want to sell your loan (so that the other parties can make decisions regarding the transfer) or if we sell a business unit of ABN AMRO (so that the other parties can make decisions regarding the acquisition). This is a legitimate interest of ABN AMRO Bank and it enables the acquiring party to comply with its legal obligations, for example. 

 

Once this party has become the party to your contract as a result of, say, a purchase or acquisition, that party will be the new controller and will therefore be responsible for the personal data it processes in relation to you. You can contact this party if you have questions about how it handles your personal data. We may need to keep some data relating to you, for example so that we can comply with legal obligations or for research or statistical purposes. 

From time to time we work with other parties, for example as part of our sustainability strategy or in order to enable mobile payment. In such cases, we always check first whether sharing information with business partners is permitted. 

 

Sometimes we share joint responsibility for the use of personal data with a business partner (joint controllers). We reach agreement with these parties on who plays what role, and how we jointly safeguard your data protection rights.