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At Switch Business Systems, protecting the privacy and confidentiality of your client's personal information is important to us. We value your business and the trust you put in Switch Business Systems.
In order to offer you the financial products and services you seek to obtain; we collect, maintain, and use information about your clients on a routine basis. To help you better understand how your client's personal information is protected
here at Switch Business Systems, we are providing you with the following statement describing our practices and policies with respect to the privacy of customer information.
Our Privacy Principles:
- We do not sell customer information.
- We do not disclose any nonpublic personal information about your current or former customers to any affiliate or nonaffiliated third party except as permitted by law.
- We may collect information volunteered by your clients during the application process and experiences with us, and obtained from other authorized sources, such as credit bureaus. All information collected and stored by Switch Business Systems is used for specific business purposes, such as administering your client's account, complying with state/federal banking regulations, protecting against fraud, and developing a better understanding of your client's financial needs to provide you with improved products and services.
- We understand that the protection of your client's nonpublic personal information is of the utmost importance. Guarding your privacy is our obligation. Switch Business Systems maintains strict procedures and policies to safeguard your client's privacy. We allow employee access to your customer information to only those who have a business reason to know such information, and we educate our employees about the importance of confidentiality and customer privacy.
- We do not provide your customer information to persons or organizations outside our Switch Business Systems family of companies who are doing business on our behalf, for their own marketing purposes.
- We contractually require any person or organization providing products or services to your customers on our behalf to protect the confidentiality of Switch Business Systems customer information.
- We afford your prospective and former customers the same protections as existing customers with respect to the use of personal information.
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