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I/We hereby certify that all information in this application is correct and complete. Should any of the information provided and documents I/we submitted prove to be false, the Bank may terminate any loan or accommodation and have the right to demand immediate payment obligation.
I/We hereby authorize the Bank to obtain and verify such information as the Bank may require concerning the statements made in this application and that the sources from which the Bank may apply for such information are hereby authorized to provide the Bank the same. I/We hereby authorize the Bank or its duly authorized personnel to disclose my/our information to any office, branch, subsidiary affiliate, agent, and representative of the Bank and third parties selected by any of them, whether situated, and use in connection with the provision of any service/product relating to my/our account/s including data profiling, processing, monitoring, reviewing, reporting, storing, statistical and risk analysis purposes. I/We hereby agree that all my/our personal data may be processed and disclosed to government authority (foreign or domestic) in compliance with the rule, ordinance, order, decree, directive, requirement, statute, law, constitution, regulation or other government restriction or any similar form of decision of, or determination of any of the foregoing by, any national, regional, or local government or political subdivision, commission, authority, tribunal, agency, or entity of the Republic of the Philippines or a foreign country, as may be applicable. I/We hereby agree to waive, to the extent allowed by the law, the confidentiality of my/our personal information regarding my/our bank accounts, deposits and other credit information in order to ascertain my/our eligibility to avail credit. I/We understand that the Bank is committed to ensuring that the confidentiality of my/our information under Republic Act No. 1405 or the “Bank Secrecy Law,” Republic Act No. 8791 or the “Green Banking Law of 2000,” Republic Act No. 6426 or “The Foreign Currency Deposit Act,” Republic Act No. 10173 or “Data Privacy Act,” and any other law applicable and will exert reasonable efforts to protect against its unauthorized use or disclosure.
I/We hereby agree and authorize the Bank to retain the information collected during the application as well as for the duration of the relationship or services with the Bank/Financial institution for a period of ten years from such termination until final conclusion of any requirement of obligation, dispute or action, in accordance with the Data Privacy Act and its implementing rules and regulations.
I/We agree to authorize the Bank to:
During the pre-contractual stage, the Client shall be provided appropriate and sufficient disclosure as well as time to review the financial product or service including digital financial product or service. All information related to fees, charges, interest, as well as the standard terms and conditions on any financial product or service shall be disclosed to and be easily accessible to the Client through various kinds of communication channels including digital channels. This information related to the financial product or service shall also be available to the public through printed materials, mass media websites or digital platforms and which should be clear, concise, accurate, understandable and not misleading.