Bank of America shares your financial information — including account balances, transaction history, and credit data — with companies it owns or controls for standard banking operations, 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
This category covers the broadest and most sensitive financial data, including transaction history and credit bureau reporting, and consumers have no ability to restrict it.
Your Social Security number, account balances, payment history, and credit information are shared across the Bank of America corporate family for business operations, and there is no opt-out right for this category of sharing under the notice's stated terms.
How other platforms handle this
If you registered to use Notion's Services with such an email address, but you do not use the Services in connection with your organization...you may transfer your account to a different email address.
We will also provide an individual opt-out choice, or opt-in for sensitive data, before we share your data with third parties other than our agents, or before we use it for a purpose other than which it was originally collected.
If you choose to reveal any personal information about yourself to other users, you do so at your own risk. We strongly encourage you to use caution in disclosing any personal information online.
"Reasons we can share your personal information: For our everyday business purposes — such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. Does Bank of America share? Yes. Can you limit this sharing? No.Excerpt from Bank of America's Privacy Notice
REGULATORY LANDSCAPE: This provision reflects the GLBA Regulation P framework (12 CFR Part 1016), which permits sharing for everyday business purposes within a financial institution's corporate family without requiring an opt-out.
Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.
Ad personalization controls removed. Contact scanning added. Advertiser data partnerships quietly dropped. A timeline of every change.
Get the research letter
Companies change their terms quietly. We read every version and catch what actually changed. One email a week on the changes that matter and what they mean.
This category covers the broadest and most sensitive financial data, including transaction history and credit bureau reporting, and consumers have no ability to restrict it.
Your Social Security number, account balances, payment history, and credit information are shared across the Bank of America corporate family for business operations, and there is no opt-out right for this category of sharing under the notice's stated terms.
ConductAtlas has identified this type of provision across 289 platforms. See the full comparison.
No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Bank of America.