Financial institutions such as banks, building societies, insurers, brokers and financial advisors have a legal duty to safeguard their customers’ confidential data. A key part of this is ensuring the secure disposal of confidential records when they are no longer required. For Financial Conduct Authority and Prudential Regulation Authority regulated firms, robust data protection is a legal obligation.
As well as the obvious financial implications of confidential documents being misplaced, or breached, protecting data makes sound business sense too. Accidentally losing or disclosing customer information can have a devastating impact on the reputation, brand image and commercial prospects of any financial firm or institution, whatever its size.
We offer a flexible shredding and disposal service for banks and financial firms of all types, covering all types of paper records and electronic media. These could include:
- Customer records and account details
- Application forms
- Employee records
- Documents provided as proof of ID
- Insurance forms
- Electronic equipment
- CDs and other digital media.
Even IT equipment such as hard drives and computers can be shredded when no longer required.
We can help you make sure you comply with your legal obligations by offering efficient, secure and cost-effective shredding of all your confidential waste and secure documents, either at your own offices, or at one of our state-of-the-art shredding depots.
We can offer smaller ad-hoc shreds, larger one-off sessions (as part of a relocation or reorganisation, for example) or a scheduled collection or on-site shred to help you stay up to date with your document storage and disposal.
Our cutting-edge premises are equipped with 24-hour CCTV and feature robust perimeter security, while our modern trucks all have sealed bodies, comply with Euro 6 emission standards and are continually tracked via GPS. We also offer CCTV in all vehicles for 100% security during transit.
When shredding is complete, we’ll provide you with a combined Waste Transfer Note and Certificate of Destruction so you can demonstrate your legal compliance.
All our employees must undergo comprehensive vetting and security checks in accordance with BS7858, as well as a full DBS check.
100% of our shredded paper is sent to a UK recycling mill, while other materials are incinerated to generate electricity for the National Grid. Absolutely none of our waste goes to landfill, and our main plant is self-sufficient in terms of energy, making our carbon footprint as small as possible. We are also certified under ISO14001 and operate our own carbon-offsetting scheme, Shred a Tonne, Plant a Tree.
Shred Station’s shredding services for banks and financial firms are carried out in accordance with European Standard EN15713.