Banking Information Privacy Authorisation

Sharing your banking information with a Financial Mentor

This form gives permission for your Financial Mentor to speak to your bank about your finances.

Permission to provide information (for client to complete)

1. I authorise my bank to share my financial information with my Financial Mentor on request so that they can provide me with appropriate budgeting advice. This information includes bank statements, credit card statements, automatic payments (APs), direct debits (DDs), and loan documents.

2. l understand that the bank may contact me to verify this request.

3. I do not authorise my Financial Mentor to operate any bank accounts or conduct any transactions on my behalf, unless an account operating authority has been completed.

4. I intend that this authorisation satisfies the requirements of the Privacy Act 2020.

5. I understand that if in future I do not want the bank to provide more information, I can cancel the authorisation before its expiry date by contacting the bank. I should also notify my Financial Mentor of the cancellation.

6. I understand that the Financial Mentor will be responsible for the information received (including its safe storage and appropriate use) rather than my bank.