Authority to Verify Information. I/We hereby declare that the above information and the information in the submitted documents is true, correct, and updated; and the submitted documents are genuine and duly executed. I/We hereby authorize RCBC and/or RCBC Bankard Services Corporation to verify and investigate the information from whatever source it may consider appropriate and hereby specifically authorize RCBC and/or RCBC Bankard Services Corporation to have access to and receive information on my/our behalf from the credit bureaus, co-brand partners, government institutions, telecommunications companies and other financial institutions. I/We hereby authorize RCBC and/or RCBC Bankard Services Corporation to conduct random verification with the Bureau of Internal Revenue (BIR) in order to establish authenticity of my/our latest ITR and other financial statements submitted by me/us to RCBC and/or RCBC Bankard Services Corporation.

Waiver of Rights on Law of Confidentiality. I/We hereby agree and authorize RCBC to collect, use, process, store, update and disclose all information, personal or otherwise, relating to me/us or my/our accounts or credit standing in relation to the use of the Card or any products, services, facilities or channels that I/we may avail of now or in the future from RCBC or any of its subsidiaries and affiliates. For this purpose, I/we hereby waive my/our rights as defined under applicable confidentiality and data privacy laws in the Philippines and other jurisdictions, including but not limited to Republic Act (RA) No. 1405 or The Law on Secrecy of Bank Deposits, RA 6426 or The Foreign Currency Deposit Act, RA 8791 of the General Banking Law and RA No. 10173 or the Data Privacy Act of 2012.

Authority to Disclose. I/We hereby give consent to the sharing, transfer, disclosure, communication and processing of any information relating to me (including information you obtain from third parties such as but not limited to any credit bureau, credit information, service providers, co-brand partners, credit and loan providers, financial institutions, telecommunications companies, other/similar information providers) from you to, between and among your branches, subsidiaries, affiliates, agents and representatives and third parties selected, such as but not limited to any credit bureau, credit information, service providers, co-brand partners in relation to the co-brand partnership (including said co-brand partner’s holding company, subsidiaries, and affiliates, and their respective shareholders, directors, employees, officers, representatives, agents and/or advisors, where applicable), credit and loan providers, financial institutions, telecommunications companies, other/similar information providers, by any of them to you (collectively referred to as the “Receiving and Disclosing Parties”), wherever situated, for use (including for use in connection with the provision of any products and services to me, and for data processing and storage, customer satisfaction surveys, product and services offers made through mail/e-mails/faxes/SMS or telephone, anti-money laundering monitoring, reporting under the Foreign Account Tax Compliance Act (FATCA), where applicable, review and reporting, statistical and risk analysis and risk management purposes). In addition to the foregoing, you or any of the Receiving and Disclosing Parties may transfer and disclose any information as may be required by any applicable law, regulation court, regulator or legal process.

Reason for Action on Application. I/We understand that RCBC and/or RCBC Bankard Services Corporation has the sole discretion to accept or reject any application. Further, RCBC/RCBC Bankard shall have no obligation to provide reason for the rejection.

I understand that I may be issued a card different from my initial preference based on RCBC and/or RCBC Bankard Services Corporation’s evaluation of my application and I agree to the issuance of a different card type.

Authority to Record and Use Recording. By providing my telephone numbers and by calling or accepting calls from you (and your Service Providers), I authorize you to record, replay and communicate to any third party all conversations (including conversations with your Service Providers) on said phone number/line with me or any individual who may answer the phone on my behalf, being my agent. This is being done with my consent and authority. I likewise authorize you to keep a record of all forms of communication we may have coordinated, including emails, social media chats, web chats and chatbot conversations.

I authorize you to store the recorded conversations, emails, online messages through social media, web chat and chatbots conversations and agree that you may use the taped, recorded conversation, emails, or saved chat messages, with me or with any third party, in any proceeding and for any lawful purpose. You (including your Service Providers) shall not be liable for any loss, damage or expense which I may suffer as a result of your (or your Service provider) acting on such telephone communications.

I likewise understand and agree that such taped, recorded or saved conversations, emails, online messages or instructions shall be conclusive evidence of my communication with you and may be used by the latter against me or any third party for any purpose particularly as evidence in any proceeding, judicial or administrative, without incurring any liability.

Data Privacy. I acknowledge that any information collected, to be processed and retained, including updates, shall be used primarily for the facilitation and commencement of an effective administration and implementation of credit card products and services, assess my suitability for the product including but not limited to conducting all necessary background checks that may include credit scoring and investigation, data analytics and for the following purposes:

     a. RCBC Bankard Credit card application and client identification;

     b. Client risk profile assessment;

     c. If approved, for any and all communications relevant to the life cycle of my

     credit card, such as, but not limited to marketing promotions, cross-selling, etc.;

     d. Compliance with BSP Rules, anti-money laundering and FATCA and such

     other purpose that may be required or allowed by law.

     e. Enforcement of rights or to perform obligations by reason of any law, contract

     or orders from any court or quasi-judicial offices.

The information in this form shall be retained for a period of time provided as required or allowed under applicable laws, rules and regulations.

Right to Offset. Pursuant to the provisions of Articles 1278 to 1290 of the New Civil Code of the Philippines, as amended, in the event I/we fail to pay any obligation arising from the use of my/our RCBC Bankard, I/we hereby agree to voluntarily surrender, as a form of payment for unpaid obligations, any and all deposits, securities, properties (real or personal) and other things of value which are currently or at later time in the possession of RCBC or any of their subsidiaries or affiliates. In this regard, I/we also expressly consent and irrevocably constitute RCBC or any of its subsidiaries and affiliates, to be my/our Attorney-in-Fact with full power and authority to assert your legal claim over all deposits, securities, properties (real or personal) and other things of value in the possession of RCBC or any of their subsidiaries or affiliates, sell these and apply the proceeds of such sale as payment for my/our obligation. Should these funds and/or assets be insufficient to settle my/our obligation or if not such funds and/or assets exist, I/we agree to assign and deliver any deposits or funds I/we may have with other banks or financial institutions to pay off my/our obligations to RCBC. In view of this, I/we consent and authorize the bank or financial institution to disclose to RCBC or its duly authorized representative information relating to any deposit or funds with such bank or financial institution.

I agree that by default, electronic statement of accounts will be sent to the email address I indicated on this form. Should I wish to receive printed statements, I can request the same by contacting RCBC Bankard’s Customer Service channels.

I understand and agree that promotional materials and communications may be sent to me through any means deemed applicable by RCBC/ RCBC Bankard.

I have read and understand RCBC Bankard Credit Card Terms and Conditions and that a copy is made available to me through RCBC Bankard’s website at www.rcbcbankard.com. By signing this application, or signing the credit card, or activating and using my RCBC Bankard credit card/s, I signify my agreement to be bound by the terms and conditions governing my credit card including any amendments thereto.