Data protection

Within the limits of the applicable legal provisions on data protection, the Bank is authorised to store and process, by computer or any other means, any personal data it becomes aware of concerning the current prospective customer, in particular with a view to fulfilling its legal and regulatory due diligence obligations, executing any transactions, managing and administering their account, or for the purposes of credit assessment or statistical analysis. Personal Data means any information relating to an individual who is identified (e.g. by first name, surname) or identifiable (e.g. by name or passport number). In connection with its activities, the Bank is required to collect and process Personal Data concerning the Prospect/Customer and persons related thereto (hereinafter referred to collectively as the “Data Subject”).

The Prospect/Customer has the right to request access to the data concerning them and to obtain the rectification of inaccurate data by sending an email to the Bank’s address.

The Bank is authorised to process this data in order to provide services, optimise its services and market new services.

The Bank is authorised to disclose Customer data in the event of outsourcing to third parties (see below) and shall ensure that such third parties comply with the Swiss Federal Act on Data Protection (FADP) and put in place appropriate technical and organisational measures to prevent unauthorised access to, alteration, erasure, manipulation, or loss of such data. CIM Banque may, however, be required to disclose personal data to third parties pursuant to legal provisions or on the basis of administrative or judicial decisions.

All data transmitted by the User is processed in accordance with the provisions of the FADP.

By voluntarily transmitting their personal data to CIM Banque on our Website (name, email address, etc.), via our contact forms, for example, the User authorises CIM Banque to process said data for the reason indicated at the time of collection or related to their transmission, and for the purposes of administration and monitoring, marketing and targeted proposals.

At CIM Banque, personal data is transmitted and stored for a limited period of time. Appropriate security measures are taken to prevent third parties from gaining access to this information.

The Bank processes Personal Data for the following purposes, in particular, to:

• identify the Data Subject when opening an account and/or initiating a business relationship with the Bank;
• ensure smooth management and monitoring of the business relationship with the Customer and the execution of transactions in accordance with the Customer’s instructions and the contractual terms and conditions;
• improve the organisation, products, services and internal processes of the Bank, including in terms of risk management;
• develop business relations, especially to be able to offer other products or services that may be of interest to the Customer, as well as the use of Personal Data for marketing purposes, unless the Data Subject has objected to the use of their Personal Data for this purpose;
• enable the Bank to establish facts, exercise its rights or defend itself against a current or future claim, or enable the Bank to face an investigation by a public authority, in Switzerland or abroad;
• meet the Bank's legal and regulatory requirements, in particular in the context of the fight against money laundering, during the implementation of international sanctions in accordance with the procedures established by the Bank (which implies in particular the processing of Personal Data for verification and control purposes), and for the management of risks, including those related to the market, credit, operations, and cash flow;
• combat fraud and other offences, protect the interests of the Bank, analyse and improve the quality of the services and products provided, train the employees of the Bank and manage the risks of the Bank, when recording telephone conversations and electronic communications with Data Subjects;
• comply with requests from criminal prosecution authorities, prudential supervisory authorities, anti-money laundering and counter-terrorist financing authorities and authorities involved in the automatic exchange of tax information.

Outsourcing

The Bank may delegate some or all of its services, including IT processing, and share the necessary data with the service provider.

The service provider shares the bank’s duty of professional secrecy in connection with any service outsourced to it.

The Bank nevertheless assumes full responsibility towards the customer and the supervisory authority for outsourced activities.

Rights of each Data Subject in relation to their Personal Data

Each Data Subject has the following rights in relation to their Personal Data, within the limits of the applicable regulations, in particular in the event of a legal restriction, overriding interest of third parties or an abusive request:

• right to access their Personal Data;
• right to have them rectified where they are inaccurate or incomplete. In this respect, the Bank shall ensure that the Personal Data are kept accurate and up-to-date. Therefore, if they change, the Data Subject is invited to inform the Bank as soon as possible;
• right to object to their processing and/or request the restriction of their processing. In particular, the Data Subject may object to the use of their Personal Data for marketing purposes (including profiling) or withdraw their consent. In this context, the Customer should be aware that if the Bank is not provided with certain Personal Data items, it may be unable to offer them the service or product that requires the processing of that data;
• right to request their deletion. However, the right to the deletion of Personal Data is not absolute and may be restricted based on overriding interests that require the continued processing of the Personal Data.

Any Data Subject may exercise the rights mentioned in this chapter through the contact form available on our website or by contacting the Bank directly in writing at the address below. Please attach a copy of your passport or identity card to your signed letter.

CIM Banque SA
16 Rue Merle d'Aubigné
1207 Geneva
Switzerland

Linked Websites

This website may contain links to other sites that are not managed or controlled by CIM Banque SA. You click on the links to these other websites at your own risk.

CIM Banque SA does not assume or accept any responsibility for their content or the policy applied to the processing of personal data.

Governing law and jurisdiction

All legal relations between Website Users and CIM Banque are subject to Swiss law.

The location of the registered office of CIM Banque in Geneva is the place of performance and the exclusive place of jurisdiction for all types of proceedings. It is also the place of jurisdiction for legal action for Website Users not domiciled in Switzerland.