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I/We certify that all information furnished herein is true and correct. The above information is given for the purpose of obtaining credit from Metropolitan Bank & Trust Company
(Metrobank). I/We authorize Metrobank and its affiliates and subsidiaries to (1) verify any information contained in this application form and its accompanying documents from,
and obtain additional information about me/us, including but not limited to my/our personal circumstances, employment and compensation/benefits/allowances, deposit account
opening, deposit account balances, investments/placements, present and previous credit transactions/dealings/loans/credit accommodations, with government agencies and
other institutions/individuals, including Metrobank’s affiliates and subsidiaries, and (2) conduct through its representative accredited appraisers, an appraisal of any or all of the
collaterals to be used in this application and directly receive the resulting report for its sole and exclusive use. I/We likewise authorize Metrobank’s affiliates and subsidiaries and
the institutions/individuals and other sources from whom any such information may be obtained and/or verified to provide the necessary data or information to facilitate the
processing of my/our application.
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I/We expressly waive, any and all statutory provisions governing the confidentiality of information and privacy of data, including but not limited to Republic Act Nos. 1405, 6426,
9510 and 10173 and expressly authorize Metrobank, in case my/our loan application is approved, to submit my/our credit data to the Credit Information Corporation (CIC), in
accordance with Republic Act No. 9510, otherwise known as the Credit Information System Act. I/We acknowledge and agree that in the conduct of its business of providing
services to its clients, Metrobank may engage the services of third party service providers, including but not limited to its subsidiaries, affiliates, agents, and other persons or
entities which Metrobank may reasonably select, who may be given access to and/or provided with information in connection with or relative to my/our account/s, application for
loan, and/or loan/s, with corresponding duty to keep such information confidential. As such, I/we authorize Metrobank to give access to and/or provide such information as
Metrobank may deem necessary for the foregoing purpose
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I/We agree that the application remains Metrobank’s property and the same may be used at their discretion whether the credit is granted or not. In case of disapproval of this
application, I/we hereby understand that Metrobank is not obliged to disclose the reason/s for such disapproval. In the event of future delinquency, I/we hereby authorize
Metrobank to report and/or include my/our name/s in the negative listing of any credit bureau or institution.
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I/We authorize Metrobank to send me/us updates about my/our loan application via SMS/text, email, mail or other available means of communication. I/We fully understand that
any misrepresentation or failure to disclose information on my/our part as required herein may cause the disapproval of my/our application, the cancellation of approval, if any,
or, shall be deemed as an event of default under the Loan Agreement.
AMLA COMPLIANCE
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To enable Metrobank to comply with local and international anti-money laundering laws and regulations, I/we hereby authorize Metrobank to disclose to local and/or international
government entities, Metrobank’s subsidiaries and affiliates, and/or its local and/or foreign correspondent banks, information which shall include, but not limited to, the following
personal information, i.e., birth date; birthplace; employment; profession; business; contact numbers; and date when account was opened. The foregoing includes the authority
of Metrobank to supply any supporting transactional documents, when required by any of these entities. I/We release and hold Metrobank, its directors, officers, staff,
representative and/or agent, free and harmless from any liabilities, suits, actions, losses, and/or damages that may arise out of such disclosure.
Data Privacy Consent
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I/we authorize Metrobank to process/share my personal data with subsidiaries and affiliates within the Metrobank Group, as well as agents or third parties that provide services
or have contractual obligations with the said Group.
I/We am/are doing this:
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So that Metrobank, its subsidiaries, and its affiliates, can further secure me from fraud, unauthorized and illegal transactions, and anti-money laundering and terrorist financing
risks.
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So that I/we can be provided a customized experience and offered products and services within the Metrobank Group that are relevant and suitable to me/us, and
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So that Metrobank can better perform its obligations pursuant to the law, rules and regulations, contracts, or orders from any courts or quasi-judicial and administrative offices.
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I/We acknowledge that Metrobank is committed to protecting my/our data against unauthorized use or disclosure, by complying with the Data Privacy Act of 2012 (Republic Act
No. 10173), the Law on Secrecy of Bank Deposits (Republic Act No. 1405), the Foreign Currency Deposit Act (Republic Act 6426) and the General Banking Law of 2000
(Republic 8791), as well as rules and regulations issued by the Bangko Sentral ng Pilipinas, National Privacy Commission and other regulatory bodies that uphold data privacy
and confidentiality
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I/We am/are also aware that the details of how my/our personal data will be processed, as well as the rights available to me/us, are listed on Metrobank’s Privacy Policy
Statement, available at www.metrobank.com.ph.
If I/we want to access, update, or correct my/our personal data, or withdraw my/our consent, I/we know that I/we have the following options:
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Send a letter to my/our branch of account
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Email the Data Protection Officer at [email protected], or
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Use any of our available e-channels, website or app, if available
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If I/we withdraw my/our consent to use my/our data, or if I/we settle and close my/our engagements with Metrobank, I/we understand that Metrobank is required by law to keep
my/our data for 5 years prior to deletion and secure disposition of my/our data.
To know more about Privacy Policy, click here.
