If you make a deposit for the benefit of someone else, or if an amount is deposited for your benefit, we collect the following personal data:
- Identification data of depositor and recipient
- Information about indebtedness
- Documentation required for disbursement, e.g. a certificate issued by a court of law.
This purpose is Danmarks Nationalbank's administration of the assets deposited.
Such data collection is necessary in order to comply with a legal obligation to which we are subject under the Act on debtors' right to be released from their obligations via deposits, the Anti-Money Laundering Act and the Bookkeeping Act (Article 6(1)(c) of the GDPR).
We retain the data about you for up to five years after disbursement as required by the provisions of the Act on debtors' right to be released from their obligations via deposits, the Bookkeeping Act and the Anti-Money Laundering Act.
We use KMD A/S as processor.