Last update: January 2025
B.A.I.F is committed to protecting the privacy of its customers and complying with the General Data Protection Regulation (GDPR) as well as Swiss legislation on data protection.
We collect the following categories of data:
Identity data : Last name, first name, date and place of birth, nationality, ID document.
Contact data : Postal address, email, phone number.
Financial data : Income, assets, banking transactions, investment history.
Connection data : IP address, login logs, device used, approximate location.
Behavioural data : Pages viewed, actions taken on our website and app, preferences.
Identity verification data : Identity documents, proof of address and income, declaration of beneficial owners.
| Purpose | Legal basis |
|---|---|
| Opening and managing a bank account | Performance of the contract |
| Anti-money laundering (AML-CFT) | Legal obligation |
| Sending statements and contractual communications | Performance of the contract |
| Risk analysis and scoring | Legitimate interest |
| Improving our services and products | Legitimate interest |
| Sending marketing communications | Consent |
| Setting analytics cookies | Consent |
Your data may be shared with:
We never sell your data to third parties for commercial purposes.
In accordance with the GDPR and the UK Data Protection Act, you have the following rights:
To exercise these rights, contact our Data Protection Officer (DPO):
Some of our providers may process your data outside the European Union. In such cases, we ensure that these transfers are governed by appropriate safeguards: standard contractual clauses approved by the European Commission or an adequacy decision.
B.A.I.F implements appropriate technical and organisational measures to protect your data against unauthorised access, modification, disclosure or destruction. Our systems follow European banking standards for security and data protection. All communications are encrypted with TLS 1.3.
This policy may be updated to reflect regulatory developments or changes to our practices. The update date is shown at the top of the document. Substantial changes will be notified to you by email.
Data Protection Officer (DPO)
Address: B.A.I.F – DPO Department, Geneva, Switzerland
You also have the right to lodge a complaint with the competent supervisory authority.