Australia
International Privacy Notice
Effective: 14 October 2016
The Wells Fargo entity with which you and/or your organization have a relationship or otherwise share Personal Data ("Wells
Fargo") provides this privacy notice ("Notice") to describe our practices regarding the collection, storage, use, disclosure and
other processing of Personal Data (as defined below). If you or your organization has a relationship or otherwise share
Personal Data with a Wells Fargo entity in any country other than Australia, a different privacy notice (located at:
https://www.wellsfargo.com/privacy-security) regarding that Wells Fargo entity's practices will govern those information
collection and processing activities.
1. Types of Personal Data Collected
In Australia, we have relationships with individuals, corporations and other legal entities. In connection with such
relationships, we may collect data about the following individuals: (a) individual customers and representatives of corporate
customers (“Customers”); (b) individual guarantors and representatives of corporate guarantors (“Guarantors”); (c) other
individuals connected with Customers and/or Guarantors (collectively “Individuals”). The information may include the
Individual's:
Work contact details: name, work address, phone number, mobile phone number, email address, and online contact
details.
Position description: employer, title, position held, and length of employment.
Authentication data: passport, driver’s license, other governmental identification information, home address and
telephone number, documents that verify address, date of birth, country of domicile, documents that verify
employment, and signature authorization.
Financial data: salary and other income, sources of wealth, assets, financial relationships, and financial transactions.
Background check data: background check information including credit and criminal checks and screening, to the
extent required or permitted by local law.
Collectively, the above categories of data constitute “Personal Data”. We may collect Personal Data directly from
Individuals, and/or from Customers, Guarantors, third party risk check service providers, and publicly available sources. We
will collect sensitive information directly from Individuals unless it is unreasonable or impracticable to do so.
2. Purposes of Collection and Use
The purposes of collection and use of Personal Data are:
To perform obligations under our agreements with Customers, Guarantors and/or Individuals, including providing
services, carrying out related business functions, performing data and transaction processing, conducting credit
checks on Individuals (including where Individuals are acting as Guarantors) in accordance with our Credit Reporting
© 2020 Wells Fargo Bank, N.A. All rights reserved.
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Policy (located at: www.wellsfargo.com/assets/pdf/personal/privacy-security/australia-credit-reporting-policy-
english.pdf
), handling inquiries, and managing relationships, we collect and use work contact details, position
description, authentication data, financial data, and background check data.
To comply with legal obligations and regulations applicable to Wells Fargo and its Affiliated Entities (defined
below) in the United States and any relevant jurisdictions, including but not limited to “know your customer”
obligations based on applicable anti-money laundering and anti-terrorism requirements, economic and trade
sanctions, customer due diligence, suspicious activity reporting, foreign exchange and international trade, tax
reporting and other applicable laws, regulations, ordinances, and obligations, we collect and use work contact details,
position description, authentication data, financial data, and background check data.
To confirm a person’s authority as a representative or agent of a Customer, Guarantor or Individual with which
Wells Fargo or its Affiliated Entities have entered or intend to enter into various arrangements, including but not
limited to guarantee arrangements, deposit contracts, loan contracts, contracts for foreign exchange transactions,
contracts for derivative transactions, and letters of credit, we collect and use work contact details, position
description, and authentication data.
To conduct recordkeeping and otherwise manage the business, we collect and use work contact details, position
description, authentication data, financial data, and background check data.
To conduct direct marketing, including by advising Individuals, Guarantors, and/or Customers of products and
services that may be of interest to them, we collect and use work contact details and title.
3. Disclosure of Personal Data
Wells Fargo may disclose Personal Data as follows (in each case to the extent necessary and on a need-to-know basis).
Affiliated Entities. Wells Fargo has affiliated entities operating in the United States and around the world, including
the grou
p parent in the United States, Wells Fargo & Company, and Wells Fargo Bank, N.A. (see the most recent
Form 10-K at https://www.sec.gov/Archives/edgar/data/72971/000007297120000217/wfc-12312019xex21.h
tm for
a list of affiliated entities as of December 31, 2019) ("Affiliated Entities") (collectively, Wells Fargo and our
Affiliated Entities are the "Wells Fargo Group"). Wells Fargo may disclose Personal Data to our Affiliated Entities
on a worldwide basis, and such affiliates may use the data, for the purposes described in Section 2.
Beneficiaries, counterparties, and other parties related to a transaction. The Wells Fargo Group may disclose
Personal Data to beneficiaries, counterparties, correspondent banks, or other parties related to a transaction on a
worldwide basis to provide the services requested by our customers and to comply with legal obligations and
regulations.
Service providers. The Wells Fargo Group may disclose Personal Data to information technology providers or other
service providers around the world that act under our instructions regarding the processing of such data ("Data
Processors"). Data Processors will be subject to contractual obligations to implement appropriate technical and
organizational security measures to safeguard the Personal Data, and to process Personal Data only as instructed.
The Wells Fargo Group may also disclose Personal Data to third party credit reporting agencies, independent
external auditors, insurance providers, or other service providers around the world that may not be acting as a Data
Processor. Such service providers will be subject to any necessary contractual obligations regarding the protection
and processing of such Personal Data.
Legal requirements. Subject to applicable law, the Wells Fargo Group may disclose Personal Data if required or
permitted by applicable law or regulation, including laws and regulations of the United States and other countries,
or in the good faith belief that such action is necessary to: (a) comply with a legal obligation or in response to a
request from law enforcement or other public authorities wherever the Wells Fargo Group may do business; (b)
protect and defend the rights or property of any Wells Fargo Group entity; (c) act in urgent circumstances to protect
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the personal safety of Individuals, Customers, and contractors/employees of any Wells Fargo Group entity or others;
or (d) protect against any legal liability. In addition, the Wells Fargo Group may share Personal Data with U.S.
regulators and with other self-regulatory bodies to which we are subject, wherever the Wells Fargo Group may do
business.
Business transfers, combinations and related activities. As we develop our business, the Wells Fargo Group might
sell,
buy, restructure or reorganize businesses or assets. In the event of any actual or proposed sale, merger,
reorganization, restructuring, dissolution or any similar event involving our business or assets, Personal Data may
be shared with the relevant entity or may be part of the transferred assets.
The recipients of Personal Data identified in this Section 3 may be located in jurisdictions that may not provide the same
level of data protection as your home country. Although it is not practicable to list every country that such recipients may
be located in, these countries may include the United States, Hong Kong, India, Japan, the Philippines, Singapore, and the
United Kingdom. As needed, we will take steps to establish appropriate data transfer agreements (including agreements
based on the EU Model Contractual Clauses with respect to Personal Data from Europe) or otherwise address cross-border
data transfer restrictions.
4. Consents
To the extent that consent is required by applicable law and our collection, use, disclosure, or other processing of Personal
Data is not otherwise permitted by applicable law, by providing Personal Data to the Wells Fargo Group or authorizing our
Customers or Guarantors to provide such data to us, Individuals consent to the collection, use, disclosure (including cross-
border transfer), and other processing of Personal Data as described in this Notice.
Individuals may revoke consent at any time by notifying us at the address provided in Section 8 of this Notice. Prior uses and
disclosures will not be affected (unless required by applicable law), and we may otherwise continue to process Personal Data
as permitted or required by law.
Customers, Guarantors, and Individuals expressly waive the bank secrecy or confidentiality laws and obligations, if any, of
the country or countries where you and the accounts are located to the extent permitted by applicable law.
5. Information Management and Security Control Measures
Wells Fargo will take appropriate measures so that Personal Data can be kept accurate, and up-to-date, and such measures
will be in accordance with the applicable security requirements. In an effort to prevent the loss, misuse, unauthorized access,
disclosure, alteration or destruction of Personal Data, Wells Fargo will take appropriate legal, organizational and technical
measures to protect Personal Data. We will keep Personal Data no longer than necessary to fulfil the purposes outlined in
this Notice and have implemented appropriate record retention policies.
While registering with our website, mobile applications, or social media features (each, a "Site"), we may provide you with a
unique identification and password for accessing our products and services. We encourage you to choose your password
wisely such that no intruder or third party can obtain any unauthorized access to the Site. We also encourage you to keep
your password confidential and not have any written or other record of the password that can be accessible by an intruder
or third party.
6. Access and Correction, Choice for Marketing Materials, and Other
Legal Rights
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Access and Correction. Individuals have the right to access and correct any Personal Data held about them.
Requests to access or correct any Personal Data held about an Individual must be submitted by the Individual in
writing to the address listed in the Customer Inquiries section below. After we have verified the Individual's identity,
we will endeavor to provide the information and take the other actions requested as specified by local law, and,
where permitted by law, we may charge an appropriate fee to cover the costs of responding to the request. In
addition, an overview of all entities involved in the processing of Personal Data, including data processors and the
countries where being processed, are available upon request.
Choice for Marketing Materials. If you have consented to receive direct marketing materials and no longer want
to receive such materials from Wells Fargo l, please follow the “unsubscribe” instructions provided in those
communications. We will comply with your request within a reasonable period of time after receiving it.
Other Legal Rights. Individuals may have other rights under the laws applicable to our collection of Personal Data,
such as the deletion of their Personal Data. Contact us in writing with requests to exercise such rights at the address
listed in the Customer Inquiries section below and we will honor such rights in accordance with law. The provision of
Personal Data is voluntary. However, if you do not provide any requested Personal Data we will not be able to enter
into new relationships, or continue existing relationships, with Individuals, Guarantors, and/or Customers.
7. Complaints
Individuals have a right to make a complaint if they think we have breached this Notice or any applicable privacy law in
handling their Personal Data. If you would like to make a complaint, please submit your complaint in writing to the contact
details below most applicable to your location. We will respond to a written complaint within 30 days. If you are not happy
with our response, you may be able to pursue your complaint with your local regulator.
8. Inquiries
Please direct all requests relating to access, correction, and other legal rights regarding Personal Data, or any questions
regarding this Notice to:
APAC Data Privacy Officer
27
th
Floor, 3 Pacific Place
1 Queens Road East, Admiralty
Hong Kong
privacy.apac@wellsfargo.com
Telephone: (852) 3650-8000
Your comments are valuable to us and we assure you that we will do our best to address them.
9. Modifications
This Notice may be modified as a result of amendments to the law or regulations or due to other reasons. In such case, an
amended Notice will be posted on our website at www.wellsfargo.com/assets/pdf/personal/privacy-security/a
ustralia-
customer-privacy-notice-english.pdf
. The page providing the Notice shall contain a date as to when the Notice was last
updated.
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Acknowledgement and Consent
By signing in the appropriate space below (or clicking the accept button if acknowledged electronically), the Customer,
Guarantor
or Individual (as applicable) agrees that:
a) the Customer/Guarantor/Individual consents to the collection, use, processing, storage, and transfer of Personal
Data in accor
dance with the terms and conditions contained in the Notice;
b) to the extent the Customer/Guarantor/Individual provides Wells Fargo with the Personal Data of any other
individuals
, it has informed such individuals about Wells Fargo's data privacy practices by providing them with a copy
of the Notice (www.wellsfargo.com/assets/pdf/personal/privacy-security/australia-customer-privacy-notice-
english.pdf
) and has obtained any and all requisite consents from such individuals necessary to permit the activities
described in the Notice; and
c) the Notice supersedes any prior notice on this subject and shall cover all Personal Data collected or maintained by
Wells Fargo in connection with its relationship with the Customer/Guarantor/Individual.
If you are a Corporate Customer or a Corporate Guarantor, please complete the following section:
Customer/Guarantor Name (Borrower’s/Corporate Guarantor’s Legal Entity Name)
Signature (Please sign here)
Signatory’s Name (Please print)
Signatory’s Position/Job Title
Date
If you are an Individual/Sole Trader, please complete the following section:
Signature (Please sign here)
click to sign
signature
click to edit
click to sign
signature
click to edit
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Signatory’s Name
Date