AGREEMENT
I/We hereby certify that all information and documents given in this application are complete, true and correct and that my/our signatures herein are genuine.
Disclosure and Sharing of Information
a. Processing of application
I/We hereby consent and authorize EastWest, any of its offices, branches, subsidiaries, affiliates, agents and representatives and third parties, to conduct random verification with the BIR, any other appropriate government agency or third party including banks and financial institutions to establish the authenticity of the information I/we declared and the documents I/we submitted in relation to my/our application as it may be necessary for the processing and evaluation of my/our application and I/we hereby waive any rights on the confidentiality of my/our income information as required by BSP Circular 622, as amended by BSP Circular 855. I/we further consent and authorize the disclosure of information pursuant to Republic Act No. 10173 or the Data Privacy Act of 2012, its Implementing Rules and Regulations, and other rules and regulations relating to data privacy.
Additionally, I/We acknowledge, accept and consent that my personal data may be collected, used, processed, stored, accessed, updated, shared, transferred or disclosed to the credit insights service provider/s using the Subscriber data obtained from Mobile Network Operators for the purpose of “telco score” using telecommunications usage data. I/We understand that the credit scoring (telco score) and analytics between the Bank and credit insights service providers are conducted for the purpose of credit evaluation related to my/ our personal application and maintenance thereof.
b. Account Maintenance and Servicing
I/We hereby authorize the transfer, disclosure and communication of EastWest of any information relating to my/our account/s with EastWest together with all of the documents submitted for this application to any of its offices, branches, subsidiaries, affiliates, agents and representatives of EastWest and third parties for application processing, data processing/storage, customer satisfaction surveys, and for any other purpose as EastWest may deem appropriate, and as may be required by law or regulation. I/We hereby also authorize the regular submission and disclosure to any and all credit information service providers, such as, but not limited to, Credit Information Corporation, BSP, Anti-Money Laundering Council, Banker's Association of the Philippines, of any information, whether positive or negative, relating to my/our basic credit data (as defined under R.A. No 9510) with EastWest, as well as any updates or corrections thereof. The foregoing constitutes my/our written consent for any such submission and disclosure of information relating to my/our account/s for the purpose indicated above and under applicable laws, rules and regulations. I/We agree to hold EastWest free and harmless from any liabilities that may arise from any transfer, disclosure or storage of information relating to my/our account/s.
c. Marketing and Sales Offers
I/We hereby authorize the transfer, disclosure and communication of EastWest of any information relating to my/our account/s with EastWest together with all of the documents submitted for this application to any of its offices, branches, subsidiaries, affiliates, agents and representatives of EastWest and third parties for product and service offers to be made to me/us through mail/e-mail/fax/SMS or telephone or through other forms of media, and for any other purpose as EastWest may deem appropriate, unless I/we expressly notify EastWest otherwise through the following contact information:
| Customer Service Hotline | (632) 8888-1700 |
| csloans@eastwestbanker.com |
I/We understand that this application is subject to EastWest's credit policies and procedures. In case of disapproval of my/our application, I/we understand that EastWest is under no obligation to disclose the reason/s for such disapproval unless required by law or regulation. The accomplished application form and requirements I/we submitted becomes the property of EastWest and EastWest is under no obligation to return the said documents to me/us regardless of the outcome of the application.
I/We also acknowledge that I/we have fully read and understood the Terms and Conditions Governing EastWest Personal Loan as found in the Bank's website, and the Bank’s data privacy policy published in its website. I/We agree to abide by and be bound by the said Terms and Conditions and data privacy policy, as well as all laws, rules, regulations and official issuances applicable to EastWest which may hereinafter be issued, including other terms and conditions governing the use of other facilities, benefits, products or services which shall be made available to me/us. I/We also agree that EastWest may amend from time to its Terms and Conditions, which include the fees and charges for its products and/or services, and its data privacy policy, and I/we agree to be notified of such changes through notice sent to me/us through any of the following means, at the option of EastWest unless I/we request otherwise: (i) mailed and/or emailed notices (sent to my/our mailing or email addresses indicated in EastWest's records), (ii) notices posted at EastWest's branches or (iii) notices in its website, and I/we agree to be bound by such changes unless I/we expressly notify EastWest otherwise through the contact information indicated above.
Consent to Apply for Other Bank Products (Should you opt otherwise, please un-check the box below.)
I/We agree that this Application Form may also serve as my/our application for other products of EastWest, such as, but not limited to auto loan, credit cards, home loan, EEL, among others, as I/we may subsequently request from EastWest or if I/we are deemed qualified by EastWest. I/We undertake to submit additional documents as may be required by EastWest for the processing of my/our application. I/We understand that the availment of the other product/s of EastWest is my/our option but the approval shall be subject to the discretion of EastWest.
In case of approved credit card application or if I/we are deemed qualified by EastWest for credit card issuance, I/we understand and agree that my/our Card/s may be delivered activated subject to EastWest’s activation policy and guidelines.
I/We further authorize EastWest or its official courier to deliver the Card/s to me/us, to any member of my/our household, to any of my/our officemate/co-employee or to any other person that I/we may authorize through an authorization letter, subject to the existing delivery policy of EastWest. I/We agree to hold EastWest free and harmless from any claim, loss or liability, whatsoever arising from the delivery of the Card/s to my/our authorized representative.