BMO Financial Group

🟠BMO Financial Group– Consumer Report Records, Risk & Consent Profile

Basic Info:Privacy Officer, BMO Financial Group
1 First Canadian PlaceP.O. Box 150, Toronto,

Regulator(OPC),
Privacy Contact Email privacy.matters@bmo.com

Runs Credit Check: This bank has not yet been evaluated for transparency or compliance.

⚪ Not Reviewed

No assessment of consent practices has been conducted yet.

⚪ Not Reviewed

⚪ Not Reviewed

No assessment of mandatory notice compliance has been conducted yet.

This bank has not yet been reviewed. Check back soon for a full transparency report on consent, risk disclosure, and mandatory notices.

The Commissioner recommended to banks that application forms should indicate that:

A customer does not have the option of withdrawing consent to the bank’s disclosure of credit information to the credit bureaus.
Banks should include a statement of purpose for the ongoing disclosure of credit information to the credit bureaus(i.e., to maintain the integrity of the credit granting system)
The collection of name, address, date of birth, and occupation of the applicant are required by law.

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Did the company run a hard inquiry, soft inquiry, or both when checking your credit?:
Were you clearly informed — in bold type, underlined, or in a font size of at least 10 points — that the bank would access your consumer report before they did so?:
Were any risks, harms, or consequences — such as damage to reputation or relationships, loss of employment, business or professional opportunities, financial loss, identity theft, negative effects on the credit record— explained to you before you consented to share your personal information?:
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