Sources of Banks' Obligation to Provide Financial Credit Information in Accordance with Jordanian Legislation, as an Exception to the Principle of Bank Secrecy

Abstract

Objective: The research aims to show the nature of the bank's obligation to provide this information and whether the sources of this obligation are either contractual or legal
 
 Method: The research followed the descriptive and analytical approach in preparing the research to learn about the texts of the law, judicial rulings, and jurisprudence.
 
 Result: The bank’s obligation to provide financial credit information arises either as a direct effect of an agreement concluded between the bank and the information requester or based on the existence of a legal text obligating the bank to provide information to certain parties, and it may be a result of banking customs.
 
 Conclusion: the study concluded that the legislator should enact a specific law on banking secrecy due to its importance, as well as taking into account not to expand on the exceptions in accordance with the principle of banking secrecy.