Rural Bank of Guinobatan, Inc.

TERMS AND CONDITIONS
RURAL BANK OF GUINOBATAN, INC. (RBGI)
FUND TRANSFER SERVICE AGREEMENT

Welcome to Rural Bank of Guinobatan, Inc. (RBGI) e-Banking Facility! These Terms and Conditions outline how you can use the Bank’s online platform to initiate fund transfer transactions. By using this service, you agree to be bound by the following terms:

1. Fund Transfers

You can transfer funds between your own RBGI accounts, to other RBGI accounts, or to accounts at any BancNet member bank, subject to the following conditions:

• Transfer Limits: The Bank may set limits on the frequency or amount of fund transfers, which may change without prior notice.
• Fees: You authorize RBGI to automatically debit any applicable fees for interbank fund transfers (within BancNet member banks) from your enrolled accounts. 
• Sufficient Funds: Ensure your account has sufficient funds for the transfer; otherwise, the transaction will be rejected. Only cleared balances in your enrolled accounts can be used for transfers.
• No Liability for Rejected Transactions: The Bank is not responsible for any rejected transactions due to insufficient funds or other issues.

2. Privacy and Data Protection

By using this service, you consent to the collection, storage, use, and sharing of your personal information in accordance with the Bank’s Data Privacy Statement. This may include sharing your information with the Bank’s affiliates and regulatory bodies such as CIC, PDIC, and the Bangko Sentral ng Pilipinas (BSP), as required by law.

3. Changes and Fees

• RBGI reserves the right to adjust fees, change policies, and update account requirements—including passbook maintenance and penalties—in compliance with applicable laws.
• Any changes will be posted on RBGI’s official website at least 60 days before they take effect.

4. Notice of Changes

You will be informed of any amendments to these terms via announcements posted on the Bank’s official website. 

5. Disclaimer of Warranties

RBGI is not liable for any errors, incorrect information, or system malfunctions related to the service. This includes any damage caused by technical failures, communication errors, or unauthorized access to information.

6. Force Majeure and Service Disruptions

The Bank is not responsible for any delays or disruptions in service due to causes beyond its control, including natural disasters, technical breakdowns, or network failures.

7. Acknowledgment

By proceeding with the service, you confirm that you have read, understood, and accepted these Terms and Conditions, including any updates or changes. You also agree to comply with the relevant rules issued by the Bangko Sentral ng Pilipinas.

8. Regulating Body

RBGI is regulated by the Bangko Sentral ng Pilipinas (BSP). For any concerns regarding the Bank’s services, you may contact BSP at:

Bangko Sentral ng Pilipinas

Address: A. Mabini St. cor. P. Ocampo St., Bgy. 719, Malate, Manila, Philippines 1004

Contact Number: (+632) 8811-1277 (8811-1BSP)

Official Email: consumeraffairs@bsp.gov.ph

9. Governing Law and Venue

This agreement is governed by the laws of the Republic of the Philippines. Any disputes will be resolved exclusively in the courts of Legazpi City, Albay, Philippines.