Payments Data Protection

Transfer and disclosure of personal information in Payment Instructions

In line with international standards, regulations in Jersey and the Isle of Man require financial institutions to disclose information on the sender of a payment in cross-border payment messages to assist law enforcement authorities to investigate terrorism and other serious crime.

When you instruct AIB Bank (CI) Limited to make any electronic payment, the Bank will automatically disclose the details of the beneficiary of the payment along with your account name, address and account number and any other information that you provide to us in order to effect a payment to the beneficiary bank. This information may also be shared with any other bank or service provider including, but not limited to, SWIFT and BACS, that is involved in the execution of the Payment Instruction. This may mean that your personal information, and that of the beneficiary, may be transferred outside of Jersey or the Isle of Man to countries which may not necessarily provide an equivalent level of data protection. Each of these banks or service providers may process this information for the purposes of complying with applicable laws, including anti money laundering and anti terrorism laws, and may disclose it to authorities for the purposes of combating terrorism and other serious crime. By instructing AIB Bank (CI) Limited to make a payment you confirm that you agree to the processing and transfer of personal information as described above.