By signing or submitting this application:
- You represent and warrant that all information (including any documents) You have given to us in connection with the application is correct, complete and not misleading. If this is not the case You may be personally liable;
- You authorise us to verify any of the information You have given to us or Your credit standing from anyone we may consider appropriate (such as Your employer or an authority or credit reference agency);
- You acknowledge that we may decline Your application without giving You any reason for doing so. If this happens, no contractual relationship arises between us and You and You consent to us retaining all supporting documents submitted by You for the processing of this application, regardless of whether this application is approved or not;
- You confirm and agree that we may give any information in connection with this application (including Your personal information) to any service provider (whether located in or outside of Singapore) for the purposes of providing any service to You in connection with this application (including data processing);
- You consent to each of Standard Chartered PLC and its subsidiaries and affiliates (including each branch or representative office) (“Standard Chartered Group”) its officers, employees, agents and advisers disclosing information relating to You (including details of the accounts, products or any security interest) to our head office and any other member of the Standard Chartered Group in any jurisdiction (“permitted parties”); professional advisers, service providers or independent contractors to, or agents of, the permitted parties, such as debt collection agencies, data processing firms and correspondents who are under a duty of confidentiality to the permitted parties; any actual or potential participant or sub-participant in relation to any of our obligations under our banking agreement between us, or assignee, novatee or transferee (or any officer, employee, agent or adviser of any of them); any credit bureau or credit reference agency, rating agency, business alliance partner, insurer or insurance broker of, or direct or indirect provider of credit protection to, any permitted parties; any financial institution which You have or may have dealings for the purpose of conducting credit checks (including in the form of blank references); any court, tribunal or authority (including an authority investigating an offence) with jurisdiction over the permitted parties; a merchant or a member of Visa International or MasterCard International where the disclosure is in connection with use of a card; any authorised person or any security provider; anyone we consider necessary in order to provide You with services in connection with an account;
- You have read and understood our Customer Terms, Personal Loan/Personal Line of Credit/Overdraft Terms, Current/Cheque/Savings Account and Time Deposit Terms, Credit Card Terms, Credit Card Instalment Loan Product Terms and the applicable documents referred to in Part A of our Customer Terms forming our banking agreement which are available at any of our branches and on our website at sc.com/sg and You agree to be bound by them for the use of any product we may provide You with;
- You acknowledge that You are bound by any variation we make to these documents, in accordance with our banking agreement. In particular, You understand that by entering into our banking agreement You give indemnities, authorisations, consents and waivers and agree to limitations on our liability;
- You consent to us contacting You at the address, email address and phone numbers You have provided to us, to give You information on other products and services that we, or our strategic partners, may offer. You further consent to us sharing any of Your information in relation to this application with any of our strategic partners;
- You consent to us sending at Your sole risk, by ordinary mail or other means we deem appropriate, any credit card, all information regarding Your account, personal identifi cation number, all statements of accounts, cheques, Your security codes relating to Your access to the electronic banking services, drafts issued in disbursement of any loan and any other communications or correspondences or documents addressed to You (collectively “personal information”) in accordance to Your addresses on our records;
- You agree that any risks (e.g, non-receipt or disclosure to any unauthorised third party) arising from the sending of the personal information will be fully borne by You and that we will not be held responsible in any way for any losses that may be suffered by You as a result of the non-receipt or disclosure of the same to any unauthorised third party;
- You agree that at Your sole risk, we are authorised but not obliged, to receive any instruction given by or over telephone, mobile telephone, telex, facsimile transmission, telegraph, cable, computer, email or any other electronic equipments, short message services (SMS) from mobile telephone (collectively “Oral Instructions”) from or purporting to be from You without separate verification by us as to the genuineness of the Oral Instructions;
- You apply for our electronic banking services and acknowledge that Your use of the electronic banking services is governed by our banking agreement and our Electronic Banking Terms and Conditions;
- You confirm that You are not undischarged bankrupt and that there has not been any statutory demand served on You at the time of this application;
- You authorise us to debit any of Your accounts maintained with us either singly or jointly with any other person for any arrears, outstanding fees, monthly repayment, accrued interest and all other monies due and payable to us without any further reference to You;
Important information for Your Preferred Credit Limit for your Credit Card
You understand and agree that:
- The approved credit limit for Your credit card(s) in this application will be the overall limit that applies to and is shared among all Your principal credit card(s) with the Bank and all corresponding supplementary credit card(s) authorised by You to be issued on Your account.
- The approved credit limit will be the lowest of: (a) the specific preferred credit limit you indicated; (b) the maximum credit limit allowable under prevailing regulations; and (c) such other credit limit as determined by the Bank.
- If You have existing principal credit card(s) and You have authorised the issue of supplementary credit card(s) on Your account in respect of such card(s), the Bank may also require such supplementary cardholder(s) to indicate their preferred credit limit(s) for their supplementary card(s) before determining the approved credit limit since the approved credit limit is an overall credit limit that will also apply to such existing supplementary card(s). You agree that the Bank may contact or may require You to contact such supplementary cardholder(s) for this purpose.