TERMS AND CONDITIONS GOVERNING EASTWEST AUTO LOAN APPLICATIONS
I/We hereby certify that all information and documents given in this application are complete, true and correct and that my/our signature/s herein is/are genuine.
Disclosure and Sharing of Information
Processing of application
I/We hereby consent and authorize EastWest, any of its offices, branches, subsidiaries, affiliates, agents, representatives and third parties, to conduct random verification with the BIR, any other appropriate government agencies or third parties 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.
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 as well as all of the documents submitted for this application to any of its offices, branches, subsidiaries, affiliates, agents, representative, 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 update or correction 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 and all liabilities that may arise from any transfer, disclosure or storage of information relating to my/our account/s.
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 as well as all of the documents submitted for this application to any of its offices, branches, subsidiaries, affiliates, agents, representatives and third parties for product and service offers to be made to me/us through mail/e-mail/fax/SMS, 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
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 become 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 agree to abide by the Terms and Conditions Governing EastWest Auto Loans as found in the Bank's website. I/We also agree to be bound by any and all amendments thereto, as well as all laws, rules, regulations and official issuances applicable to EastWest which may hereinafter be issued, as well as such 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 change any of the provisions in its Terms and Conditions and the fees and charges for its products and/or services from time to time and I/we agree to be notified of such changes through notice sent to me through any of the following means, at the discretion 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.
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 home loan, credit cards, personal 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 issuance of additional product/s of EastWest shall be subject to credit evaluation and the approval shall be subject to the discretion of EastWest and that the availment of additional products is my/our option. I/We understand that EastWest can rely on the authority/ies given under this section unless I/we explicitly revoke the same.