Introduction

Welcome to Veritas Bank. These Terms of Service govern your use of our website, mobile application, and banking services. By accessing or using our services, you agree to comply with these terms. Please read them carefully.

Credit Reporting Terms of Service

Veritas Bank may share your credit information with authorized credit bureaus for the purpose of evaluating creditworthiness, processing loan applications, or complying with regulatory requirements. We ensure such disclosures are made in accordance with applicable laws.

1. Credit information is only shared with your consent or when legally required.
2. We maintain transparency in reporting to credit bureaus.
3. Customers can request a copy of their reported information.
4. We take reasonable steps to ensure the accuracy of the data we report.

Data Protection Terms of Service

Your privacy is important to us. Veritas Bank complies with data protection regulations to ensure your personal data is secure and only used for legitimate purposes. We do not sell or trade your personal information to third parties.

Personal Data We Collect

We may collect personal data such as your name, contact details, identification documents, financial information, and transaction history when you open an account, apply for loans, or use our digital services.

What We Use Personal Data For

Your personal data is used to provide and improve our services, process transactions, manage customer relationships, and meet legal and regulatory obligations. We may also use anonymized data for research and service development.

1. Processing account applications and transactions.
2. Conducting risk assessments and fraud prevention.
3. Providing customer support and service notifications.

Security Information

We use robust security measures including encryption, multi-factor authentication, and continuous monitoring to safeguard your data. Our team is trained in privacy practices and we regularly update our systems to address emerging threats.