Depositor's Agreement effective on December 1, 2023
Depositor’s Agreement in CIF
By signing this form, I hereby certify that the information I provided is true and accurate to the best of my knowledge and that the documents submitted are authentic. I shall notify SBC in writing of any change in the information supplied in this form. I have read, understood and agreed to be bound by the terms and conditions governing all products, services or facilities rendered /to be rendered by Security Bank Corporation (SBC) including the Bank’s applicable service and maintenance fees. I also certify that I have been informed of the safe and secure use of the Bank’s electronic payment and financial services (EPFS) including the associated risks, and that I commit to visiting the Fraud Awareness page at the Bank’s website from time to time. I further acknowledge that said terms, conditions and amount of applicable fees were provided to me and/or are available for my viewing at the Bank’s website @www.securitybank.com which I commit to visit from time to time. All accounts opened under my name shall be recognized in the Account Details Form (ADF) or Signing Instruction Form (SIF) which shall be used by the Bank as basis for my banking transactions. Subject to remain in effect for five (5) years after account closure, I hereby give consent for SBC to share and process any information relating to my account/s to any member of the SBC Group (SBC and its affiliates and subsidiaries reported as part of SBC’s conglomerate map/group structure as defined under BSP Circular 749) and Bancassurance companies or their authorized Service Providers and representatives, for purposes of cross-selling products and services, profiling and credit evaluation/reference checks, audit and account balance confirmation and allow them to contact us for this purpose (i.e. by e-mail, telephone, text, etc.), or in case of audit where our account is chosen as a sample for account balance confirmation.Â
I hereby grant full permission to the SBC group to access all information relating to my accounts, and to make the corresponding required reports in compliance with Foreign Tax Compliance Act (FATCA), United Nations Security Council (UNSC) sanctions, due diligence rule, other inter-governmental agreements and other applicable laws, rules and regulations as may be passed from time to time.Â
The Bank retains the right to close, at its sole discretion, any of your account/s for reasons which the Bank may deem reasonable for the protection of its interest at any time and without obligation to disclose the reason for such closure. The depositor agrees to hold the Bank and its officers and employees free from harm from any and all liabilities, claims and demands of whatever kind of nature in connection with or arising from the closure of your account. The depositor agrees to hold the Bank and its officers and employees free from harm from any and all liabilities, claims and demands of whatever kind of nature in connection with or arising from the closure of your account. It is understood that account/s referred to herein refer to my individual account/s and/or account/s which I maintain in a representative capacity.
I agree to have my ATM Card delivered to my indicated home address through the Bank’s authorized Service Provider.
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