By submitting this application:
1. I represent and warrant that all information and documents submitted to the Bank in connection with this application are true, accurate and complete in all respects.
2. I hereby authorise and give the Bank my irrevocable consent to make such inquiries and conduct all such checks on me (including, but not limited to, inquiries and checks with any credit bureau recognised by the Monetary Authority of Singapore) and obtain from and/or verify with any source and/or disclose or release any information relating to me, this application, or any of my accounts and/or facilities with the Bank, to any party the Bank may consider appropriate, including but not limited to any of the Bank’s related companies, advisors, credit bureaus, credit reference agents, insurance providers, Housing Development Board (HDB), Central Provident Fund (CPF) Board or governmental authorities/agencies.
3. I acknowledge and agree that:
(a) my application is subject to the Bank’s assessment on a case by case basis and the Bank will take into account factors including but not limited to my financial situation, need for the use of a motor vehicle, the current market value of the motor vehicle and its estimated market value after the deferment period (if applicable);
(b) my application remains subject to approval by the Bank and any other applicable terms and conditions thereto which will be set out in a letter to be issued by the Bank to me;
(c) the Bank may reject or decline my application without giving any reason or notice whatsoever;
(d) all other terms and conditions relating to my existing car loan with the Bank under the Hire Purchase Agreement shall remain unchanged and shall continue to be binding on me;
(e) the risk of misunderstandings, errors, unauthorised instructions, fraud, forgery, and the risk of operational, equipment, and network delays, failures, faults or errors howsoever occurring in the course of the transmission of documents and instructions are entirely mine, and the Bank will not be responsible or liable to me for any loss, liability or expense that may result from any of the foregoing;
(f) the Bank is authorised (without being obliged) to record any telephone conversation made or purportedly made with me whether with or without the use of a tone warning device and the Bank may use such recordings and/or transcripts as evidence in any dispute; and
(g) the Bank shall not be obliged to maintain such recordings and transcripts or keep or make available to me any such copies thereof.
4. I agree that the Bank may use the contact information provided herein to contact me regarding this application through an appropriate channel (including by email or telephone) as the Bank may determine at its sole discretion.