Your Personal Information
What is Personal Information?
Personal Information is information that identifies you as an individual. It includes not only your name and address, age and gender, but also your personal
financial records, identification numbers including your social insurance number (SIN), personal references and employment records.
Why Does the Bank Ask You for Your Personal Information?
There are some purposes for using your personal information which are self-evident, such as asking for information concerning your credit history to help
determine your credit worthiness if you are applying for a loan or mortgage. Self-evident purposes should be clear, but if you have any questions, just ask us.
We also ask you for your personal information for the following purposes:
- to verify your identity and protect against fraud,
- to understand your financial service requirements,
- to determine the suitability of products and services for you,
- to determine your eligibility for certain of our products and services, or those of others, and offer them to you,
- to set up and manage products and services you have requested, and
- to comply with laws and securities regulations.
Sharing Your Personal Information
Your personal information is shared, to the extent permitted by law, within BMO® Financial Group (that is the Bank and its subsidiaries and affiliates) which
provides deposit, loan, investment, securities, brokerage, insurance, trust and other products and services. With this more comprehensive understanding, we
are better able to meet your needs as they grow and change.
Your Choices
If you would prefer not to receive our direct marketing service and/or not have your personal information shared with a member of BMO Financial Group, you
can have your name deleted from our direct marketing and/or shared information lists. All you have to do is ask us. Please note that you cannot opt out of
sharing your personal information where you have requested a product or service which is jointly offered by us and another member of BMO Financial Group.
Also, if you would prefer not to have us use your SIN for administrative purposes, just ask us. This option does not apply where we are required to use your
SIN for income tax reporting purposes.
For complete details on our commitment to respect and protect the privacy and confidentiality of personal information of individuals, please refer to
our Privacy code, which is available at any branch of the Bank of Montreal, by visiting our website at www.bmo.com/privacy/ or by calling
1-800-363-9992.
Please read and sign below:
In this agreement, “you” means each person who signs below.
You consent to Bank of Montreal (the “Bank”) obtaining credit information and other financially-related information
about you at any time from your employer(s), any credit bureau, any registry, any person who has or may have
financial dealings with you and any references that you have provided to the Bank. The Bank may disclose such
information about you to any credit bureau, and any person who has or may have financial dealings with you. If there is
more than one party to the loan(s) or guarantee which this agreement relates to, the Bank may choose whose information it will
disclose to the credit bureau. The Bank will not obtain such information after the loan(s) or guarantee which this agreement
relates to has been terminated, but may continue to disclose such information in order to maintain the integrity of the credit
bureau system and credit granting process.
You certify that all information you give to us in this agreement is true, correct and complete.
You confirm having read the terms and conditions above and agree to be bound by them
