Your Personal Information
This Data Protection and Privacy Statement relates solely to information supplied by you on this Web Site. Wema Bank PLC, the Data Controller ("Wema Bank") respects the privacy of your personal information and will treat it confidentially and securely.
Any personal information provided by you to Wema Bank PLC through this Web Site will be used for the purpose of providing and operating the products and services you have requested at this Web Site and for other related purposes which may include updating and enhancing Wema Bank records, understanding your financial needs, conducting credit checks, reviewing credit worthiness and assisting other financial institutions to conduct credit checks, advising you of other products and services which may be of interest to you, for crime/fraud prevention and debt collection purposes, for purposes required by law or regulation, and to plan, conduct and monitor Wema Bank's business. The information collected from you by Wema Bank will be valuable in improving the design and marketing of our range of services and related products for customer use.
If you are providing your details in connection with an application for employment, please refer to our "Data Protection and Privacy Statement - Job Applicants" which will be displayed when you apply (see our 'Careers' page). This Policy will not alter or affect any information otherwise provided by you to Wema Bank PLC.
Other than to those individuals and entities listed below your details will not be revealed by Wema Bank to any external body, unless Wema Bank has your permission, or is under either a legal obligation or any other duty to do so. For the purposes detailed above, your information may be disclosed to:
The above disclosures may require the transfer of your information to parties located in countries that do not offer the same level of data protection as your home country. However, Wema Bank PLC will ensure that parties to whom your details are transferred treat your information securely and confidentially. Wema Bank PLC also pledges its intention fully to meet any internationally recognised standards of personal data privacy protection and to comply with applicable data protection and privacy laws. We may transfer your information if it is necessary to perform our contract with you and by providing details to Wema Bank PLC via this Web Site you are deemed to consent to any other transfers.
Information held about you is retained as long as the purpose for which the information was collected continues. The information is then destroyed unless its retention is required to satisfy legal, regulatory or accounting requirements or to protect Wema bank interests. As a general rule, the maximum retention period is 7 years. It is your responsibility to maintain the secrecy of any user ID and login password you hold.
In order to improve our Internet service to you, we will occasionally use a "cookie" and/or other similar files or programs which may place certain information on your computer's hard drive when you visit any Wema Bank web site.
Cookies do not enable us to gather personal information about you unless you give the information to our server. Most Internet browser software allows the blocking of all cookies or enables you to receive a warning before a cookie is stored. For further information, please refer to your Internet browser software instructions or help screen. Alternatively, information on deleting or controlling cookies is available at http://www.allaboutcookies.org
In order to maintain the security of our systems, protect our staff, record transactions, and, in certain circumstances, to prevent and detect crime or unauthorised activities, Wema Bank PLC reserves the right to monitor all internet communications including web and email traffic into and out of its domains.
Your Rights and How to Contact Us
You may have the right under data protection legislation on payment of a fee to request access to personal information about you held by us and to have it corrected where appropriate. If you have that right and you wish to access, correct or delete any of your personal data held by us, or if you have any questions concerning our Data Protection and Privacy Statement please contact the relevant Wema Bank PLC Data Protection representative. You may also have the right to access details held by credit reference agencies and Wema Bank PLC will supply details of the relevant agencies upon request. Other local Wema Bank web sites may have details of local Data Protection Officers.
In providing your telephone, facsimile number, postal and e-mail address or similar details, you agree that Wema Bank PLC may contact you by these methods to keep you informed about Wema Bank products and services or for any other reason. If you prefer not to be kept informed of Wema Bank products and services, please contact Wema Bank PLC by E-mail.
Wema Bank PLC reserves the right to amend its prevailing Data Protection and Privacy Statement at any time and will place any such amendments on this Web Site. This Data Protection and Privacy Statement is not intended to, nor does it, create any contractual rights whatsoever or any other legal rights, nor does it create any obligations on Wema Bank PLC in respect of any other party or on behalf of any party.
COPYRIGHT © Wema Bank PLC. ALL RIGHTS RESERVED.
THIS IS OR WILL FORM A LEGALLY BINDING AGREEMENT BETWEEN YOU AND WEMA BANK (THE "BANK") ESTABLISHING THE TERMS AND CONDITIONS UNDER WHICH THIS WEB SITE OR ANY ONLINE SERVICE MAY BE USED. USE OF ANY ONLINE SERVICE IMPLIES THAT YOU HAVE ACCEPTED THESE TERMS AND CONDITIONS. IF YOU DO NOT ACCEPT THESE TERMS AND CONDITIONS, PLEASE DO NOT ACCESS THIS WEB SITE AND DO NOT USE THE ONLINE SERVICES.
Wema Bank Plc is a universal banking institution incorporated in 1945 as a Private Limited Liability Company under the old name of Agbomagbe Bank Limited and commenced banking operations in Nigeria in the same year. The Bank later transformed into a Public Limited Company (PLC) in April 1987 and was listed on the floor of the Nigeria Stock Exchange (NSE) in January 1990. On February 5, 2001, Wema Bank Plc was granted a universal banking licence by the Central Bank of Nigeria (CBN), thus allowing the Bank provide the Nigerian public with various financial and business advisory services.
JURISDICTION AND RESTRICTION
The Bank controls and maintains this Web Site from Nigeria. The materials and information contained in this section of this Web Site, relating to Nigeria, is directed at and restricted to individuals resident in or entities having a place of business in Nigeria ONLY. The Bank makes no representation that the materials and information contained herein is appropriate or available for use in other locations / jurisdictions.
These Terms and Conditions are governed by and construed in accordance with the laws of Nigeria and any dispute relating thereto shall be subject to the non-exclusive jurisdiction of the courts of Nigeria.
PRODUCTS AND SERVICES
This Web Site does not constitute an offer or solicitation on the part of the Bank to provide any products or services described therein to any person to whom it is unlawful to make such offer or solicitation or where the local law or regulation does not permit the purchase of, subscription for or otherwise use of such products or services. If in doubt, you should check with your Local Regulator or Authority or Professional Advisor before using any such products or services. BY PROCEEDING TO READ THIS INFORMATION, YOU ARE AGREEING AND CONFIRMING THAT YOU DO NOT RESIDE IN, OR ARE NOT PROPOSING TO PURCHASE OR SUBSCRIBE FOR ANY PRODUCTS OR SERVICES FROM, ANY JURISDICTION OUTSIDE NIGERIA. IF THIS IS NOT THE CASE, PLEASE CLICK THE "BACK" BUTTON ON YOUR BROWSER.
Products and services are available only in a particular location at the sole discretion of the Bank or the relevant Wema Bank Group company or associate, subject to the individual terms and conditions on which they are offered and such products and services may be withdrawn or amended at any time without notice. The full range of products or services may not be available in all locations. Fees, commissions or other charges may apply to certain products or services - the office providing the products or services can provide details. Transactions with offices of non-group companies referred to in this Web Site will not normally be so protected unless otherwise indicated.
MATERIALS AND INFORMATION
Materials and information contained in this Web Site should not be regarded as an offer or solicitation to buy or sell any products or services in any country to any person to whom it is unlawful to make such an offer or solicitation. For materials or information relating to any external third parties or their products or services, it is re-transmitted by the Bank in the ordinary course of business to you for information and reference only. The Bank, its officers, employees, and agents do not devise, select, add to, modify or otherwise exercise control over the contents of this Web Site, and do not accept any responsibility whatsoever for it nor do they be regarded as having endorsed such material or information or any part thereof.
Materials, information, marks and logos contained in or displayed on this Web Site are protected by intellectual property rights under applicable laws. No part of these material, information, marks and logos may be modified, reproduced, stored in a retrieval system, transmitted, copied, distributed or used in any other way for any commercial or public purposes without the written permission of the Bank or the party owing these material, information, marks and logos.
WHILST EVERY CARE HAS BEEN TAKEN IN PREPARING THE MATERIALS AND INFORMATION CONTAINED IN THIS WEB SITE, SUCH MATERIALS AND INFORMATION ARE PROVIDED ON AN "AS IS" BASIS WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY REGARDING NON-INFRINGEMENT, SECURITY, ACCURACY, RELIABILITY, FITNESS FOR A PURPOSE OR FREEDOM FROM COMPUTER VIRUSES IS GIVEN IN CONNECTION WITH SUCH MATERIALS AND INFORMATION. THE MATERIALS AND INFORMATION CONTAINED IN THIS WEB SITE ARE PROVIDED FOR GENERAL INFORMATION ONLY AND SHOULD NOT BE USED AS A BASIS FOR MAKING DECISIONS. ANY ADVICE OR INFORMATION RECEIVED VIA THIS WEB SITE SHOULD NOT BE RELIED UPON WITHOUT CONSULTING PRIMARY OR MORE ACCURATE OR MORE UP-TO-DATE SOURCES OF INFORMATION OR SPECIFIC PROFESSIONAL ADVICE. YOU ARE RECOMMENDED TO OBTAIN SUCH PROFESSIONAL ADVICE WHERE APPROPRIATE.
GEOGRAPHIC, POLITICAL, ECONOMIC, STATISTICAL, FINANCIAL AND EXCHANGE RATE DATA ARE PRESENTED IN CERTAIN CASES IN APPROXIMATE OR SUMMARY OR SIMPLIFIED FORM AND MAY CHANGE OVER TIME. RELIANCE HAS BEEN PLACED BY THE EDITORS ON CERTAIN SUCH DATA OBTAINED EXTERNALLY STATISTICAL DATA WHICH, THOUGH BELIEVED TO BE CORRECT, MAY NOT IN FACT BE ACCURATE. THE BANK ACCEPTS NO LIABILITY FOR ANY LOSS OR DAMAGE ARISING DIRECTLY OR INDIRECTLY (INCLUDING SPECIAL, INDIRECT, INCIDENTAL OR CONSEQUENTIAL LOSS OR DAMAGE) FROM ACTION TAKEN, OR NOT TAKEN, BY OR FOR YOU OR OTHERWISE, IN RELIANCE ON MATERIALS OR INFORMATION CONTAINED IN THIS WEB SITE. IN PARTICULAR, NO WARRANTY IS GIVEN THAT ANY MATERIALS, INFORMATION OR DATA CONTAINED IN THIS WEB SITE ARE ACCURATE, RELIABLE OR UP-TO-DATE.
THE BANK ACCEPTS NO LIABILITY AND WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE ARISING DIRECTLY OR INDIRECTLY (INCLUDING SPECIAL, INCIDENTAL OR CONSEQUENTIAL LOSS OR DAMAGE) FROM YOUR USE OF THIS WEB SITE, HOWSOEVER ARISING, INCLUDING ANY LOSS, DAMAGE OR EXPENSE ARISING FROM, BUT NOT LIMITED TO, ANY DEFECT, ERROR, IMPERFECTION, FAULT, MISTAKE OR INACCURACY WITH THIS WEB SITE, ITS CONTENTS OR ASSOCIATED SERVICES, OR DUE TO ANY UNAVAILABILITY OF THE WEB SITE OR ANY PART THEREOF OR ANY CONTENTS OR ASSOCIATED SERVICES, WHERE SUCH EVENTS AROSE OUT OF CIRCUMSTANCES OUTSIDE THE BANK'S REASONABLE CONTROL. PLEASE NOTE THAT ANY SOFTWARE DOWNLOADED FROM THIS WEB SITE IS AT YOUR OWN RISK AND THE BANK NEITHER ASSUMES NOR ACCEPTS LIABILITY FOR ANY LOSS OR DAMAGE (WHETHER DIRECT OR INDIRECT), HOWSOEVER CAUSED, AS A RESULT OF ANY COMPUTER VIRUSES, TROJAN HORSES, WORMS, SOFTWARE BOMBS OR SIMILAR ITEMS OR PROCESSES ARISING FROM YOUR USE OF THIS WEB SITE, WHERE SUCH EVENTS AROSE OUT OF CIRCUMSTANCES OUTSIDE THE BANK'S REASONABLE CONTROL.
ANY HYPERTEXT LINK FROM THIS WEB SITE EXIST FOR INFORMATION PURPOSES AND ARE FOR YOUR CONVENIENCE ONLY AND THE BANK ACCEPTS NO LIABILITY FOR ANY LOSS OR DAMAGE ARISING DIRECTLY OR INDIRECTLY (INCLUDING SPECIFIC, INCIDENTIAL OR CONSEQUENTIAL LOSS OR DAMAGE) FROM THE ACCURACY OR OTHERWISE OF MATERIALS OR INFORMATION CONTAINED ON THE PAGES OF SUCH SITES OR LOSS ARISING DIRECTLY OR INDIRECTLY FROM DEFECTS WITH SUCH SITES LINKED. THE BANK'S INCLUSION OF HYPERLINKS DOES NOT IMPLY ANY ENDORSEMENT OF THE MATERIALS ON SUCH SITES LINKED. THE BANK DOES NOT GUARANTEE THAT ANY E-MAILS FROM THE WEB SITE WILL BE SENT TO YOU OR RECEIVED BY THE BANK NOR DOES THE BANK WARRANT THE PRIVACY AND/OR SECURITY OF E-MAILS DURING INTERNET TRANSMISSION WHICH IS OUTSIDE THE BANK'S REASONABLE CONTROL. THE BANK ACCEPTS NO LIABILITY FOR ANY LOSS OR DAMAGE ARISING DIRECTLY OR INDIRECTLY (INCLUDING SPECIAL, INCIDENTAL OR CONSEQUENTIAL LOSS OR DAMAGE) FROM FAILURE OF ANY INTERNET TRANSMISSION (INCLUDING E-MAILS CORRESPONDENCE) FROM THIS WEB SITE OR OTHERWISE.
The price of securities can and does fluctuate, and any individual security may experience upward or downward movements, and may even become valueless. There is an inherent risk that losses may be incurred rather than profit made as a result of buying and selling securities. The risk of loss in trading futures contracts or options can be substantial. In some circumstances, you may sustain losses in excess of your initial margin funds. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily achieve the desired results. Market conditions may make it impossible to execute such orders. You may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You will remain liable for any resulting deficit in your account. You should therefore study and understand futures contracts and options before you trade and carefully consider whether such trading is suitable in the light of your own investment objectives, financial circumstances, tolerance to risks and investment experience.
You should also read any risk disclosure statement contained in any particular investment product you intend to purchase, subscribe or trade. If in doubt, please seek specific professional advice.
YOU HEREBY AGREE TO INDEMNIFY AND TO KEEP THE BANK FULLY AND EFFECTIVELY INDEMNIFIED AGAINST ANY ACTION, LIABILITY, COST, CLAIM, LOSS, DAMAGE, PROCEEDING OR EXPENSE (INCLUDING LEGAL FEES, COSTS AND EXPENSES ON A FULL INDEMNITY BASIS) SUFFERED OR INCURRED BY THE BANK ARISING FROM OR WHICH IS DIRECTLY OR INDIRECTLY RELATED TO:
The Bank may terminate these terms and conditions, your access to this Web Site and use of online services at any time, without prior notice to you.
The Bank reserves the right in its discretion to change at any time without prior warning or notice any information or material contained on this Web Site and is entitled to from time to time amend the terms and conditions under which this Web Site is used with prior notice to you. If you continue to access to this Web Site or use any of the online services after such modification, you are regarded to have agreed to be bound by such modified information, material, terms and conditions.
INTELLECTUAL PROPERTY RIGHTS
All contents of this Web Site including but not limited to the texts, graphics, links and sounds are the copyright of Wema Bank PLC and may not be copied, downloaded, distributed or published in any way without the prior written consent of Wema Bank PLC. "Wema", "Wema Bank", are registered trademarks and service marks of Wema Bank PLC and no permission or license is granted to use any such trademarks or service marks without the prior written consent of Wema Bank PLC. All other marks, names and logos used on this Web Site relating to companies within the Wema Bank Group or to their products or services are the intellectual property rights held by companies within the Wema Bank Group unless otherwise stated.
In relation to any information or materials which you submit to Wema Bank using this Web Site, you hereby grant to Wema Bank a worldwide royalty-free perpetual licence of the copyright and intellectual property rights in such information or materials for any purpose it deems including, without limitation, the copying, transaction, distribution and publication thereof, unless restricted by applicable laws.
You agree that Wema Bank shall not be under any obligation of confidentiality to you regarding any such information or material submitted to it using this Web Site unless agreed otherwise in a separate direct contract between you and Wema Bank or required by applicable laws. You acknowledge that the contents of the foregoing provisions shall not limit any specific provisions set out in the individual terms and conditions of particular products and services offered on or through this Web Site.
COPYRIGHT © WEMA BANK. ALL RIGHTS RESERVED.