Data Policy. The Borrower agrees that the applicable “Data Policies” and other communications to customers concerning its data from time to time issued by the Bank (a member of the DBS Group) shall apply. A copy is available on request at any Bank branch or from its website. The Borrower agrees that all information obtained from any sources or that arises from the relationship with the Bank (or any other DBS Group company) ("data") will be subject to such policies/or other communications (as may be varied from time to time). The Borrower agrees in particular that the Bank may in compliance with and subject to the Data Policies: a) verify, provide and collect information about the Borrower's data to or from other organizations, institutions or other persons; b) transfer the data outside Hong Kong, including a transfer to Singapore; and c) compare any data obtained with the Borrower's data, and use the results for taking of any actions including actions that may be adverse to the Borrower's interest (including declining any application). The Borrower agrees to be bound by the provisions of such Data Policies and other communications, which shall form part of the Borrower’s agreement with the Bank.
Appears in 1 contract
Sources: Banking Facility Agreement
Data Policy. The Borrower agrees that the applicable “"Data Policies” " and other communications to customers concerning its data from time to time issued by the Bank (a member of the DBS Group) shall apply. A copy is available on request at any Bank branch or from its website. The Borrower agrees that all information obtained from any sources or that arises from the relationship with the Bank (or any other DBS Group company) ("data") will be subject to such policies/or other communications (as may be varied from time to time). The Borrower agrees in particular that the Bank may in compliance with and subject to the Data Policies:
a) verify, provide and collect information about the Borrower's data to or from other organizations, institutions or other persons;
b) transfer the data outside Hong Kong, including a transfer to Singapore; and
c) compare any data obtained with the Borrower's data, and use the results for taking of any actions including actions that may be adverse to the Borrower's interest (including declining any application). The Borrower agrees to be bound by the provisions of such Data Policies and other communications, which shall form part of the Borrower’s agreement with the Bank.
Appears in 1 contract
Sources: Terms and Conditions Governing Banking Facilities and Services