Privacy Policy

The processing of personal data by Safe Deposit Bank of Norway AS (“SDBN”) is governed by the General Data Protection Regulation (EU) 2016/679 (“GDPR”), the Personal Data Protection Act in Norway (the “Act”) and the applicable Norwegian laws and regulations, such as the Anti-Money Laundering Act chapter 6.

Privacy is highly valued by SDBN and we are committed to ensure the protection of your privacy. SDBN believes in the importance, both from a legal aspect and the aspect of sound business practice, of you fully understanding our care when handling your personal information. SDBN is a data controller, which means we are responsible for the manner in which your personal data through your browsing is handled. This privacy protection statement contains information you are entitled to receive when data about you is collected and general information about what data is collected and how the Bank processes personal data.

SDBN collects the following data through sdbn.com 

• Cookies (information capsules)
• Provided that you fill out and submit the contact form, your; full name, company name, Email address, role and enquiry

The Bank must have legitimate grounds for processing personal data.

The most applicable legitimate grounds are:

• compliance with statutory obligations; and
• for the purposes of legitimate interests.

By browsing SDBN’s website, cookies are stored on your device (PC or mobile phone). Information capsules or “cookies” are small text files that are stored locally on your device and enables the collection of data regarding the use of SDBN’s website. 

Www.sdbn.com is based on the WordPress platform, which may automatically collect information from your computer using cookies. The cookies provide us with limited personal information. This data will primarily be used for the following purposes: 

• To provide a secure website with basic functionalities
• Enhance and personalise aspects of our service 
• Show that you have read any relevant legal information 
• Analyse how sdbn.com is used 

You can block cookies by configuring your browser settings. You can also choose to allow cookies depending on whether they are first-party cookies or third-party cookies. Please note that this option must be selected in each browser. If you block all cookies, many websites will not function optimally. 

You have also the possibility to turn off the identification function on other platforms by contacting third parties directly. This solution is the only one that functions across browsers.

Below is a description of cookies we have on the website, what category they fall into, and the duration they are stored.

The purpose of the contact form is to allow you to contact SDBN. The contact form only collects the information you provide in the form, such as your full name, company name, Email address, role and your enquiry.

SDBN must process the personal data provided in the contact form to respond to your enquiry.

SDBN does not share personal data with non-affiliated third parties other than as permitted or required by law.

If a third party processes personal data on behalf of SDBN, the third party/service provider will be known as a data processor. SDBN uses data processors to gather, store or otherwise process personal data on behalf of SDBN. In such cases, SDBN enters into data processing agreements with the third party/service provider to ensure that such processing meets the privacy protection regulation requirements and SDBN’s requirements for processing of personal data.

All transfers of personal data from SDBN to a third party/service provider are conditional on a data processor agreement between SDBN and the service provider. This applies irrespective of whether SDBN uses data processors in Norway or another country in the EU or EEA. If SDBN transfers personal data to countries outside the EU or EEA, e.g., providers of IT services or other data processors, then such transfers are only permitted when the data processor has issued the required guarantees and on the condition that you are guaranteed enforceable and effective rights.

We maintain physical, electronic and procedural safeguards to guard your personal information. These safeguards include, but are not limited to, the following:

• Secure Internet and email provider that are used to protect the confidentially of electronic communication.
• Selection of IT providers with high information security and low risk.
• Annual risk assessments.
• Head of Risk and Compliance function.

We maintain physical, electronic and procedural safeguards to guard your personal information. These safeguards include, but are not limited to, the following:

• Secure Internet and email provider that are used to protect the confidentially of electronic communication.
• Selection of IT providers with high information security and low risk.
• Annual risk assessments.
• Head of Risk and Compliance function.

Below is a description of the rights you have as a data subject under law, and what SDBN does to protect your rights.

SDBN will continue to monitor the effectiveness of this privacy policy. We may change the privacy policy if in the event of changes in laws and regulations for processing of personal data, changes to our services or other changes that affect the content of this privacy policy.

Please contact us through the contact form if you have any questions about this privacy policy or wish to exercise your rights.