SBI Consent Form NRI Customers other than in EU

These documents are the standard compliance forms required by State Bank of India (SBI) to manage Non-Resident Indian (NRI) accounts under global data protection laws like the EU GDPR and UK GDPR.

If you are opening an account or updating your KYC, you must select the correct form based on your current country of residence.

1. Privacy Notices (For Your Information)

These explain how SBI handles your Personal Data (PD). You do not need to sign these, but you are required to acknowledge that you have read them when signing the consent forms.

• Privacy Notice for EU NRI Customers (v2.0)

  • Regulatory Focus: EU General Data Protection Regulation (GDPR).

  • Key Detail: Explains the right to “be forgotten,” data rectification, and the 10-year data retention policy.

• Privacy Notice for UK NRI Customers (v2.0)

  • Regulatory Focus: UK Data Protection Act 2018 and UK GDPR.

  • Key Detail: Outlines how the bank uses your data for fraud prevention and credit scoring within the UK legal framework.

2. Consent Forms (Action Required)

These are the legal documents you must sign and submit to the bank.

• Consent Form for EU & UK NRI Customers (v2.0)

  • Who signs: Residents of the European Union or United Kingdom.

  • Critical Disclosure: You are explicitly consenting to your data being transferred to India. It notes that India’s privacy laws may be different from the strict protections in the EU/UK.

  • Minor Clause: Includes a section for legal guardians if the account holder is under 18.

• Consent Form for NRI Customers Other than EU & UK

  • Who signs: Residents of the USA, Canada, UAE, Singapore, etc.

  • Key Detail: Focuses on permissions for sharing data with Indian credit bureaus (like CIBIL) and regulatory bodies for identity verification.

Summary of Requirements