As a payment institution licensed by the NBB (National Bank of Belgium), we are also obliged to comply with the Anti-Money Laundering legislation. This provides for the obligation to retain the data for a period of 10 years after the termination of the business relationship. This is a legal exception to the right to be forgotten as provided for in privacy legislation.
Do not worry! Your data will be kept solely for the purpose of complying with this anti-money laundering legislation and will not be used for any other purpose.