I affirm that each of the statements made in this application is true, correct and complete and the signature appearing herein are genuine. I agree to notify China Bank Savings (the Bank) of any changes affecting the information contained herein. I further confirm that I do not have any outstanding civil or criminal case filed against me and I do not have any arrearages/ past due with any bank or financial institution.
I authorize the Bank to obtain and verify such information as may be required covering this application from the above references or any other sources. For this purpose, I authorize the Bank to disclose any information about me to any credit agency or regulating body for purpose of verification on reports or other requirements.
I hereby waive confidentiality of information reflected in my Income tax Return and/or Financial Statements I submitted as part of the Banks requirements and I authorize the Bank to conduct such random verification that may be necessary with the Bureau of Internal Revenue, with any bank, financial institution of government agency to determine the veracity of any such information.
I confirm that I do not have any relative within the first degree of consanguinity or affinity working in the Bank. I agree that this loan application shall be subject to Bangko Sentral ng Pilipinas regulations including those pertaining to directors, officers, stockholders and related interests of the Bank. I further agree and understand that, should this application be denied, the Bank is not obliged to furnish the reason for denial.
I fully understand that any material misrepresentation or failure to disclose on my part as required herein, may cause disapproval of my loan application; and the Bank at any time, shall have the right to cancel the loan and/or declare the loan due and demandable.
I understand that all fees, taxes, and expenses pertaining to my loan shall be on my account and deducted from my loan proceeds.
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