8. Absa may process your personal information to protect your or our legitimate interests. Absa will not collect and process personal information about you that we do not need for this purpose. The general purposes for which Absa collects and processes your personal information include, but are not limited to:
8.1 Creating a record of you on our system to verify your identity, assess your application for products and/or services, provide you with the products and/or services you have applied for or enquired about (where you do not currently hold, or have not applied for, such products and services), and then communicate with and keep you informed about these products and/or services.
8.2 Assessing whether you qualify for an insurance policy.
8.3 Identifying you and verifying your physical address, source of income and similar information
8.4 Assessing your personal financial circumstances and needs before providing either advice and/or products or services to you. In this regard, we may collect your personal information from you in your capacity as our prospective customer.
8.5 Any purpose related to the prevention of financial crime, including fraud detection and prevention, sanctions screening, adverse media screening, monitoring of anti-money laundering and any financing of terrorist activities.
8.6 Managing our business and identifying potential trends within the market, to ensure our products are future-fit.
8.7 Further processing for historical, statistical or research purposes where the outcomes will not be published in an identifiable format.
8.8 Conducting analytics operations to better understand you as our customer so that we can tailor our product and/or service offerings to you, where relevant and applicable.
8.9 For purposes relating to the sale or transfer of any of our businesses, legal entities or assets as part of corporate transactions.
8.10 Conducting surveys to gauge customer or employee sentiment or to improve our product and service offering.
8.11 Where you have applied for employment at Absa or for an Absa scholarship, we perform applicant screening and background checks, and such screening may include social media screening and screening relating to any information about you obtained from publicly available sources such as search engine results.
8.12 Where you are an Absa employee (including contractors), we create an employment record of you on our system to facilitate continuous monitoring during your employment with us.
8.13 Where you are an Absa director, we create a record of you as a director on our system.
8.14 Where you’ve been identified as a next of kin by an employee or customer, we create a record of you on our system; and
8.15 Where you are a supplier to Absa, we process your personal information for due diligence, risk assessment, administrative and payment purposes.