Amending Privacy Policy we intended to clarify some of our existing procedures and to introduce some new information, including in relation to:

• data that we collect and process when providing payment initiation and Open Banking services; and
• how we use cookies.

Previous version is available here. 

We have updated the Contomobile Terms to clarify certain terms and how they will apply to your use of our services. The changes are intended to make our terms easier to understand, and principally clarify:

• the steps that we may take if we consider that it is necessary for us to ask you to update your “Know Your Customer” data;
• your obligations in relation to your Security Credentials, and how you should contact us to report a security issue;
• how you may download a copy of your statement, and the minimum period that Payment Transaction Data will be available via the Contomobile App or Self-Service Portal; and
• how we acknowledge complaints and, for the benefit of customers in the United Kingdom, to provide some information about the Financial Ombudsman Service.

The updated Contomobile Terms will come into effect on 1 February 2021.

Previous version is available here.

• We have introduced additional terms governing our new Service Plans (clause 5);

• clarified the terms relating to postponed execution of a payment order (clause 8.3);

• simplified our terms so that they apply to all business customers (this means that the Terms of Use no longer distinguish between Corporate Customers and Small Businesses – which may affect: the period of time that you have to report an unauthorised or incorrectly executed transaction (clause 12.11); liability (clause 13); the application of the corporate-opt out (clause 17); and, for customers located in the United Kingdom, complaints (clause 18.7)).

Previous version is available here

• We have introduced additional terms governing our new Service Plans (clause 5);
• clarified the terms relating to postponed execution of a payment order (clause 8.3);
• made a change to our complaints procedures that may affect customers located in the United Kingdom (clause 17.7).

Previous version is available here

We have included a definition for our new Service Plans and deleted definitions for Corporate Customer, Micro-Enterprise, Small Business and Small Charity which are no longer used in the Contomobile Terms.   

Previous version is available here.