Bank of America · Bank of America Privacy Notice · View original document ↗

Sharing for Fraud Prevention and Legal Compliance

Medium severity Unique · 0 of 325 platforms
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Document Record

What it is

Bank of America shares your personal information with government agencies, law enforcement, and fraud prevention organizations as required by law or to protect against fraud — and you cannot opt out of this sharing.

This analysis describes what Bank of America's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

The clause establishes that certain disclosures occur outside the scope of customer privacy elections, grounding the bank's authority in statutory requirements (Gramm-Leach-Bliley Act) and standard business operations. This defines the baseline of information sharing that applies irrespective of customer preference selections.

Consumer impact (what this means for users)

Consumers' sensitive financial information, including account details and transaction histories, may be disclosed to law enforcement and regulatory bodies without advance notice or the ability to object, which is standard under GLBA but material to understand.

How other platforms handle this

Waze Medium

We may disclose your information to third parties if we believe that disclosure is in accordance with, or required by, any applicable law or legal process, including lawful requests by public authorities to meet national security or law enforcement requirements. We may also disclose information if w...

Coinbase Medium

We may share personal information with third-party service providers and partners who support our business operations, including identity verification providers, payment processors, analytics providers, marketing partners, and blockchain analytics companies.

Stripe Medium

We may share information about you and your transactions with Card Networks and our financial services partners. By accepting this agreement, you authorize Stripe to share your information with these entities for purposes including facilitating your use of the Services, complying with applicable law...

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Monitoring

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▸ View Original Clause Language DOCUMENT RECORD
"
Under the Gramm-Leach-Bliley Act, we are permitted to share with third parties, without regard to the customer choices, in connection with situations where we are required to disclose information, such as responding to subpoenas or tax reporting, and for typical business activities, such as sharing to identify or prevent fraud, to resolve customer disputes and enforce our rights, in connection with sale of all or part of a business or with consent.

— Excerpt from Bank of America's Bank of America Privacy Notice

ConductAtlas Analysis

Institutional analysis (Compliance & governance intelligence)

Mandatory disclosure provisions for fraud prevention and legal compliance are standard under GLBA and BSA/AML frameworks; legal teams should confirm that internal data governance policies align disclosure procedures with applicable subpoena, court order, and SAR filing obligations.

Full compliance analysis

Regulatory citations, enforcement risk, and due diligence action items.

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Applicable agencies

  • Consumer Financial Protection Bureau (cfpb)
    Regulates consumer financial products and services. Can investigate companies for unfair, deceptive, or abusive financial practices including improper fees, billing errors, and data misuse.
    Who can file: Anyone who has used a consumer financial product or service in the US
    What you need: Account number or details, dates of transactions or events, description of the issue, and any supporting documents
    What to expect: The company must respond within 15 days. The CFPB forwards your complaint and may use it in enforcement actions. Individual compensation is possible in some cases.
    File a complaint →

Applicable regulations

CCPA/CPRA
California, USA
Connecticut Data Privacy Act Amendments
US-CT
CAN-SPAM
United States Federal
FCRA
United States Federal
FTC Act Section 5
United States Federal
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
Kentucky Consumer Data Protection Act
US-KY
Universal Opt-Out Mechanism Expansion 2026
US

Provision details

Document information
Document
Bank of America Privacy Notice
Entity
Bank of America
Document last updated
May 5, 2026
Tracking information
First tracked
March 6, 2026
Last verified
March 9, 2026
Record ID
CA-P-000469
Document ID
CA-D-00054
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
0579b728c8274563edb0567013330303ccd10cd282e63b0f72de6678becec2d3
Analysis generated
March 6, 2026 19:33 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Bank of America
Document: Bank of America Privacy Notice
Record ID: CA-P-000469
Captured: 2026-03-06 19:33:25 UTC
SHA-256: 0579b728c8274563…
URL: https://conductatlas.com/platform/bank-of-america/bank-of-america-privacy-notice/sharing-for-fraud-prevention-and-legal-compliance/
Accessed: May 20, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

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Frequently Asked Questions

What does Bank of America's Sharing for Fraud Prevention and Legal Compliance clause do?

The clause establishes that certain disclosures occur outside the scope of customer privacy elections, grounding the bank's authority in statutory requirements (Gramm-Leach-Bliley Act) and standard business operations. This defines the baseline of information sharing that applies irrespective of customer preference selections.

How does this clause affect you?

Consumers' sensitive financial information, including account details and transaction histories, may be disclosed to law enforcement and regulatory bodies without advance notice or the ability to object, which is standard under GLBA but material to understand.

Is ConductAtlas affiliated with Bank of America?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Bank of America.