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For what purposes does KBC use my data?

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Prevent fraud, money laundering, financing of terrorism & manage risks

Identification & verification of the client, AML, Fraud & Embargo
Risk management, security & combatting fraud

Provide services and products

Financial services and banking products
Additional services offered in KBC Mobile
External real estate appraisals
Ask Kate your question in KBC Mobile or KBC Business
Extra convenience' in KBC Mobile

Improve offer & develop digital solutions, commercial reporting, strategy & model make

Developing and providing certain services
Developing models for KBC Business strategy
Offer aggregated insights
Segmentation of the clients

Direct marketing & improve commercial relationship with me

Direct Marketing
Improve its commercial relationship with me

Needs to use data to function as a company

KBC must also use personal data in banking services in accordance with specific legislation, such as the MiFID II directive and PSD2 regulations.    
Internal administration for the KBC organization
Developing and providing certain services (ICT)
Mobilisation of appropriations

You can find the pdf copy of the KBC Privacy Statement here.