Learn More. subject to the BANK’s terms and conditions. Otherwise, the Depositor shall be deemed to have accepted the correctness of the statement. The Depositor shall not hold the BANK liable if payment is made or accrued before the SPO is effected. Mortgages . Linking of third party accounts may be allowed provided said third party accounts shall be receiving accounts only. The BANK is authorized to honor and pay to the debit of the account, checks or other written orders of the Depositor's authorized signatory/ies, without a need to inquire as to the use or disposition of the funds so withdrawn. The card can also be used as a debit card to make purchases with or without a PIN CODE on any physical or online Point of Sale (POS) terminal networks or any other electronic devices and online facilities installed by the BANK in which the card is applicable. It shall be provided to the Depositor periodically either through pick-up from the Depository Branch, by mail or electronic mail/e-mail to the address/e-mail address provided by the Depositor depending on the regulatory requirements on the matter. As advised in the SOA, the Depositor should promptly notify the BANK's Audit Division of any exceptions noted in the statement within ten (10) calendar days from receipt thereof. By opening the account, the Depositor agrees to be bound by the BANK's policies, together with the terms and conditions stipulated in this agreement, including all other existing laws and regulations. Please visit the My Mobile Money Page for more details about our new money management app. 3. The BANK may, at any time and for whatever reason, reject any transaction without any liability. Deposits may be withdrawn only in the manner provided therein. Easy Online Account Opening. Acceptance by the Depositor of the credit card or the proceeds of any loan released pursuant thereto shall be conclusive proof of the Depositor-Borrower’s Acknowledgement of his/her additional indebtedness to the BANK under the Terms and Conditions set forth by the BANK prevailing at the time the additional loan is approved. Savings Account Benefits. Except for computer-generated entries, typewritten or manual entries, and any other alteration, superimposition or erasure on the passbook shall render said entries void and invalid. All deposits must be made by the Depositor personally or by his authorized representative by filling out the appropriate deposit slip. In case of non-availability of currency notes, withdrawals may be in the form of telegraphic transfers, demand drafts, mail transfers or in the currency which is legal tender in the Philippines. Safety & Security. The SPO shall be effective for 180 days counted from receipt by the BANK of the request, renewable for no longer than another period of 180 days counted from receipt by the BANK of the request for renewal. The Depositor shall be fully responsible for all checks issued under the Depositor’s account. 1. Should the requested transaction be incapable of being performed by the BANK in the manner instructed by the Depositor, without the BANK disclosing details about the Depositor and/or the Depositor's account, the execution of the funds transfer request shall be deemed as the Depositor's express authority to the BANK to make such disclosure within the terms of the applicable regulation, and without any need for any prior notice or further consent or documentation. Opening an account online only takes 15 minutes! Interest Rate: 0.10%. Help Service & security. GROW SAVINGS FASTER Earn higher interest rates with an eSecure Savings account. Do you currently have an account with Security Bank? The following are the general terms and conditions that apply to accounts opened, and any future account/s that the Depositor may open with Security Bank Corporation. For acceptance of crossed checks payable to one depositor for deposit to a joint "AND" or "OR" account of said depositor, the depositor commits and undertakes to indemnify the BANK in the event that the issuer of the said check or any affected third party complains, objects, or otherwise files a claim against the BANK as a result of said accommodation. The deposit balance under hold-out may not be withdrawn while the hold-out / lien remains in full force. Charges are subject to increase without prior notice to the client. The Depositor shall not hold the BANK liable if payment is made or accrued before the SPO is effected. We’ll make banking simple and hassle-free. 2. details, or information establishing the validity or effectivity of the deposit transfer; or 4. In case of The BANK reserves the right to close the account at any time without prior notice to the Depositor if the account is, in the BANK's opinion, not maintained in a satisfactory manner, when the account is being used as a tool for the commission of fraud or any other crime or when the continued existence of the account with the BANK would prejudice its interest in any way. The BANK also reserves the right not to release the checkbooks ordered if account is deemed improperly handled. Checkbook requests done through the use of other available facilities (ATM, Phone Banking, etc.) In making a deposit, the Depositor agrees to assume full responsibility for the accuracy and correctness of the information filled out in the deposit slip, and the Depositor further agrees to hold the BANK free and harmless from any liability for losses due to any discrepancy therein, such as but not limited to, the statement of an incorrect account number although the name of the Depositor is correctly written. The Depositor further agrees to hold the BANK free and harmless from any liability for losses due to any or all liabilities, claims, demands of whatever kind and nature in connection with or arising from (a.) Or call Social Security at 1-800-772-1213 (TTY 1-800-325-0778). Applicable deposit accounts are insured by the Philippine Deposit Insurance Corporation (PDIC) up to a maximum of Five Hundred Thousand Pesos (P500,000.00) per Depositor. The service of a request for stop payment, or its renewal, upon the branch of account shall not constitute notice, actual or constructive, to any other branch. Security Bank’s Cash Management Service allows you to simply and securely access your business account information over the internet. The SPO shall be effective for 180 days counted from receipt by the BANK of the request, renewable for no longer than another period of 180 days counted from receipt by the BANK of the request for renewal. My Mobile Money has been replaced by Card Valet. In opting to receive the SOA via e-mail, the Depositor assumes the risks involved in e-mail transmissions, such as but not limited to, the risk that the information may not be delivered, the account information becomes exposed to unknown third parties and lose its confidential nature, the risk that the email account is hacked and such other risks inherent in e-mail communications. Qualified relatives are transferees within the third degree of consanguinity or affinity of the transferor. Should closure of the account be effected by the BANK as a result of improper handling through the issuance of insufficiently unfunded check/s, the BANK is authorized to report such closure and the reason/s thereof to the Bankers Association of the Philippines (BAP), or to any central monitoring body established by the BAP to record and monitor the mishandled deposit accounts of its member banks. Checkbook requests done through the use of other available facilities (ATM, Phone Banking, etc.) No SPO or the renewal thereof shall bind the BANK unless: (i) made in writing; (ii) the check is described in all particulars; and (iii) served upon any Authorized Officer of the BANK’s branch where the account is maintained. The terms and conditions of the Depositor’s other accounts shall remain in full force and shall be read and construed to harmonize with these Terms and Conditions. Special statements, on the other hand, shall be available at the Depository branch for pick-up by the Depositor or his duly authorized representative. You also get an Everyday Debit Mastercard and access to online banking. The phoned-in report shall automatically free the Cardholder from any liability but any unauthorized charges made against the lost/stolen CARD prior to the phoned-in report shall be for the exclusive account of the Cardholder. The Depositor shall safeguard all utilized checks with utmost care to preclude any possible loss and/or pilferage. Applicable deposit accounts are insured by the Philippine Deposit Insurance Corporation (PDIC) up to a maximum of Five Hundred Thousand Pesos (P500,000.00) per Depositor. The account shall earn interest net of applicable withholding tax if it meets the required minimum balance set by the BANK. Qualified relatives are transferees within the third degree of consanguinity or affinity of the transferor. 2. transfer or break-up of deposits in favor of non-individual relatives whenever such transfer or break-up shall result in increased deposit insurance coverage, PDIC shall recognize the beneficial ownership of the entity or transferee provided that the deposit account records show the following: The BANK also reserves the right not to release the checkbooks ordered if account is deemed improperly handled. Rewards. For a Depositor opting to have his SOA mailed or e-mailed, the Depositor shall inform the BANK immediately in case of any change in address. Deposit Accounts. The BANK shall exert efforts in ascertaining the accuracy of the information given by the Depositor in the Customer Information File (CIF) or Account Opening Form (AOF) Folder. The Depositor shall safeguard all utilized checks with utmost care to preclude any possible loss and/or pilferage. The account shall earn interest net of applicable withholding tax if it meets the required minimum balance set by the BANK. The Depositor acknowledges that once the Terms and Conditions detailed on the Security Bank Online enrolment page has been accepted during enrolment in the facility, he is deemed to have agreed thereto. Neither the BANK nor its correspondent bank(s) shall examine the checks for any irregularity. The Depositor shall be fully responsible for all checks issued under the Depositor's account. Accounts with zero balance due to service charges or other causes may be closed by the BANK without prior notice to the Depositor. For automatic funds transfer services, the Depositor shall be required to accomplish and sign the back portion of the Accounts Opened and Signing Instruction Form (AOSIF) or Signing Instruction Form (SIF) or Individual/Corporate Fund Transfer Application and Maintenance Form, which shall support the Depositor's standing instruction to avail any of the following specific type of Funds Transfer services: 1. SB Online does NOT use the ATM Card Number or PIN Number in order for you to access it. Checkbooks requested through different alternate channels are deemed final. Security Bank and COVID-19. The BANK shall exert efforts in ascertaining the accuracy of the information given by the Depositor in the Customer Information File (CIF) or Account Opening Form (AOF) Folder. The Depositor likewise agrees that the Depositor's continued use of Security Bank Online thereafter shall constitute the Depositor's acceptance of the modifications and revised Terms and Conditions. Charges are subject to increase without prior notice to the client. Should the requested transaction be incapable of being performed by the BANK in the manner instructed by the Depositor, without the BANK disclosing details about the Depositor and/or the Depositor’s account, the execution of the funds transfer request shall be deemed as the Depositor’s express authority to the BANK to make such disclosure within the terms of the applicable regulation, and without any need for any prior notice or further consent or documentation. Securing your financial future. 2. transfer or break-up of deposits in favor of non-individual relatives whenever such transfer or break-up shall result in increased deposit insurance coverage, PDIC shall recognize the beneficial ownership of the entity or transferee provided that the deposit account records show the following: Any such alterations, amendments or new rules shall be posted, in the bank premises/branches, for at least 15 business days, and such notice shall be binding upon all the BANK’s Depositors as fully as though assented to by them. Make a Payment. Security Scheduler - is a fund transfer facility which enables the system to transfer automatically a specified amount from a client's enrolled movement account (Checking/Savings Accounts) to another designated account at a specified time or frequency to settle obligations, transfer allowances or meet funding requirements for his business. The BANK shall not be liable for any loss or damage incurred by the Depositor or a third party due to computer programming defects, errors due to faulty communication lines, or any defect in the material or workmanship of any computer equipment. In case of transfer or break-up of deposits, PDIC shall recognize actual/beneficial ownership or transferees who are qualified relatives of the transferor. Checkbooks requested through different alternate channels are deemed final. The BANK reserves the right to change the minimum balance requirement and corresponding charges therein. Get updates on our products, promos, events and more! The BANK reserves the right to change the minimum balance requirement and corresponding charges therein. Checkbook requests done through the use of other available facilities (ATM, Phone Banking, etc.) No entries in the Passbook or Recordbook shall be made except by the BANK. Should the Depositor request for a statement of account prior to his cycle date, his account shall be debited for the processing fee. In case of corporate disputes or disagreements among co-depositors pertaining to the account or the funds therein, for the protection of its interest, the BANK shall have the right to freeze or place the account in an inoperative status until the opposing parties agree upon a mutual resolution or until otherwise directed by a court of law or similar body/entity. Security Bank Corporation, and the Depositor, our customer, agree that “Debit” means deduction from the Depositor’s account, and “Credit” means addition to … The Depositors are jointly and severally liable for the payment of any obligation to the BANK in connection with the operation of the account. The BANK also reserves the right not to release the checkbooks ordered if account is deemed improperly handled. Deposits under hold-out, garnishment, sequestration, with adverse claim, or any other legal/contractual impediment, are not subject to withdrawal up to the amount covered by the lien or claim. The closure of the account and/or (b.) Personal Savings Account Unlimited Deposits They are Completely Unlimited No Matter How They are Performed Convenient Withdrawal Access. 3. In case of. The following are the general terms and conditions that apply to accounts opened, and any future account/s that the Depositor may open with Security Bank Corporation. Sign Up for Online Banking Sign Up for Mobile Banking Enroll in Online Bill Pay Order FREE Visa Debit Card Order Checks. The BANK shall consider any person depositing for, and on the Depositor’s behalf, as duly authorized by the Depositor to perform the deposit transaction. 1. details, or information establishing the right and capacity or the relationship of the entity with the individuals; shall be processed accordingly. In case of transfer or break-up of deposits, PDIC shall recognize actual/beneficial ownership or transferees who are qualified relatives of the transferor. The Depositor/s may be notified either personally or by mail of the BANK's intention to close the account and the interest will cease from the date of such notification. Contact us to open an account with one of Springfield’s long-standing financial institutions! Negative balance due to service charges or other causes may be allowed provided said third accounts... Your Security seriously Accountholders sign on the certificate of deposit is/are the actual/beneficial owners of the acceptance of the shall... To your nearest Security BANK: online banking his personal/source accounts or versa. Calendar days from the date of opening other available facilities ( ATM, Phone banking etc! Cardholder shall be validated on a BANK account against insufficient funds caused by such.. 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