Common use of Disclosure and Confidentiality Clause in Contracts

Disclosure and Confidentiality. The Customer irrevocably authorizes the Bank to store, disclose or send any and all of the particulars and information relating to the Customer, the Instruction, the Account, the BizChannel Account and the Third Party Account, to any of the following persons at any time and from time to time (as may be permitted by the applicable laws and legislation): i. a Subsidiary, Affiliate or other Related Corporations considered appropriate by the Bank in the provision of the relevant Services; ii. all courts, governmental agencies and lawful authorities in Singapore and elsewhere where the disclosure is required by law; iii. any person the Bank in good faith considers to be appropriate in the provision of the relevant Services, including any agents, contractors or third party service providers; iv. any person in connection with the use or maintenance of any Account or Service; v. any guarantor or surety of any indebtedness, liability or obligation of the Customer, including any person who provides any security to the Bank for such indebtedness, liability or obligation; vi. where the data or information that is commonly given by the Customer to the Bank in the use of the Bank’s products (hereinafter referred to as “Customer Personal Data”), any party for the commercial purposes of the Bank and the Customer has understood the explanation given by the Bank with regard to the objectives and consequences of the delivery or dissemination of the Customer Personal Data; or vii. any other person at any time where the particulars of any Account were inadvertently divulged, revealed or disclosed to or accessed by such person through no willful default or gross negligence of the Bank and its officers. The Customer shall not use or disclose, and procure that the Authorized Parties shall not use or disclose, any material and/or information on the Bank’s website pertaining to the Electronic Banking and/or the Services other than to access and use the Electronic Banking and/or the Services. In the event that the Customer or the Authorized Parties receives or retrieves any information from the Electronic Banking and/or the Services that is not intended for the Customer, the Customer shall immediately inform the Bank.