Bank Information definition

Bank Information means Confidential Information and Trade Secrets.

Bank Information includes “confidential information” and “trade secrets.” “Confidential information” means data and information relating to the business of the Bank (which does not rise to the status of a trade secret, as defined herein) which is or has been disclosed to the Employee or of which the Employee became aware as a consequence of or through the Employee’s relationship with the Bank and which has value to the Bank and is not generally known to its competitors. Confidential Information shall not include any data or information that has been voluntarily disclosed to the public by the Bank (except where such public disclosure has been made the Employee without authorization) or that has been independently developed and disclosed by others, or that otherwise enters the public domain through lawful means. “Trade secrets” means Bank information including, but not limited to technical or nontechnical data, strategic plans, business models, collateral data management systems, compilations, programs, devices, methods, techniques, drawings, processes, financial data, financial plans, product plans or lists of actual or potential customers or suppliers which (a) derives economic value, actual or potential, from not being generally known to, and not being readily ascertained by proper means by other persons who can obtain economic value from its disclosure or use; and (b) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.

Bank Information means information describing the Bank and furnished from time to time in writing by the Bank expressly for inclusion in any Offering Materials.

Examples of Bank Information in a sentence

• We will also share your New Bank Information with organisations that you have payment arrangements with in circumstances where we are dealing with regular payment arrangement complaints.

• In addition to sharing your New Bank Information with your Old Bank, we also share your New Bank Information with payment system operators and the provider of the payment system software.

• When your Old Bank receives your New Bank Information from us, they send us your old bank account information so we can set up your regular payment arrangements on your new current account.

• Payment to Recipients will be made by bank transfer according to information provided by the Recipient in the Supplier, Tax and Bank Information Form To avoid any delays in payment, Recipients shall be responsible to inform the Centre of any changes to their banking information.

• When we receive your signed Current Account Switch Agreement, we send your New Bank Information, to your Old Bank to make sure that the correct account with your Old Bank will be closed and all regular payment arrangements are switched to your new current account with us.

More Definitions of Bank Information

Bank Information has the meaning assigned to that term in Section 8.05(a).

Bank Information has the meaning set forth in Section 8.3 hereof.

Bank Information shall have the meaning set forth in Section 5.22 hereof.

Bank Information means any and all information and documentation, in any form, provided by the Bank relating to the Bank and its Affiliates, the Receivables (including historical loss and delinquency data), the origination and servicing of the Receivables or the Seller's underwriting criteria and any and all information provided by the Bank pursuant to Section 9.01.

Bank Information means personal information that is necessary to open bank accounts and receive and process payments through banking institutions.

Bank Information means bank name and number, branch name and address, swift number, account number and other wire transfer information.

Bank Information includes “confidential information” and “trade secrets.” “Confidential information” means data and information relating to the business