Sharing data outside Ulster Bank

• Where we have your permission.
  
  
• Where required for your product or service.  
  
  
• Where we are required by law and by law enforcement agencies, judicial bodies, government entities, tax authorities or regulatory bodies around the world.

• With other banks and third parties where required by law to help recover funds that have entered your account as a result of a misdirected payment by such a third party.
  
  
• With third parties providing services to us, such as market analysis and benchmarking, correspondent banking, and agents and sub-contractors acting on our behalf, such as the companies which print our account statements.
  
  
• With other banks to help trace funds where you are a victim of suspected financial crime and you have agreed for us to do so, or where we suspect funds have entered your account as a result of a financial crime.

• With debt collection agencies.
  
  
• With the Central Credit Register, credit reference and fraud prevention agencies.
  
  
• With third party guarantors or other companies that provide you with benefits or services (such as insurance cover) associated with your product or service.

• Where required for a proposed sale, reorganisation, transfer, financial arrangement, sub-participation, asset disposal or other transaction relating to our business and/or assets held by our business.
  
  
• In anonymised form as part of statistics or other aggregated data shared with third parties.
  
  
• Where permitted by law, it is necessary for our legitimate interests or those of a third party, and it is not inconsistent with the purposes listed above.

Application decisions may be taken based solely on automated checks of information from the Central Credit Register, credit reference and fraud prevention agencies and internal RBS records. To help us make decisions on when to give you credit, we use a system called credit scoring to assess your application.
 

To work out your credit score, we look at information you give us when you apply; information from credit reference agencies or the Central Credit Register that will show us whether you’ve kept up to date with payments on any credit accounts (that could be any mortgages, loans, credit cards or overdrafts), or if you’ve had any court action such as judgments or bankruptcy; your history with us such as maximum level of borrowing; and affordability, by looking at your available net income and existing debts.

You have rights in relation to automated decision making, including a right to appeal if your application is refused.

We will continue to share information with the Central Credit Register and credit reference agencies about how you manage your account including your account balance, payments into your account, the term of the loan, the regularity of payments being made, credit limits and any arrears or default in making payments, while you have a relationship with us.  This information will be made available to other organisations (including fraud prevention agencies and other financial institutions) so that they can take decisions about you

If false or inaccurate information is provided and/or fraud is identified or suspected, details will be passed to fraud prevention agencies.  Law enforcement agencies and other organisations may access and use this information.

If we, or a fraud prevention agency, determine that you pose a fraud or money laundering risk, we may refuse to provide the services and financing you have requested, or we may stop providing existing services to you.
 

A record of any fraud or money laundering risk may be retained by the fraud prevention agencies, and may result in others refusing to provide services, financing or employment to you.

When the Central Credit Register, credit reference and fraud prevention agencies process your information, they do so on the basis that they have a legitimate interest in preventing fraud and money laundering, and to verify identity, in order to protect their business and to comply with laws that apply to them.