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#2248657 - 02/03/21 09:48 PM Revised Privacy Policy to All Customers?
Anonymous
Unregistered

When sending out a revised policy notice, does it have to be mailed to all customers or just one to the main address/account holder?

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#2248737 - 02/05/21 04:27 AM Re: Revised Privacy Policy to All Customers? Anonymous
Reads Regs Offline
Diamond Poster
Joined: Nov 2004
Posts: 2,307
If you are with a bank, see paragraph (g) of this section of Reg. P. https://www.bankersonline.com/regulations/12-1016-009
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Opinions expressed are my own and not necessarily those of my employer. They are not legal advice.

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#2248972 - 02/10/21 12:43 AM Re: Revised Privacy Policy to All Customers? Anonymous
Anonymous
Unregistered

Thank you Reads Regs!

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#2262220 - 11/05/21 09:33 PM Re: Revised Privacy Policy to All Customers? Reads Regs
kkdee13 Offline
New Poster
Joined: Apr 2014
Posts: 19
Illinois
I had the same question and I've read section (g) several times. Can we just send one revised privacy notice addressed to the primary accountholder or must the one notice be addressed to all joint accountholders? "If two or more consumers jointly obtain a financial product or service from you, you may satisfy the initial, annual, and revised notice requirements of §§1016.4(a), 1016.5(a), and 1016.8(a), respectively, by providing one notice to those consumers jointly." Thanks.

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