Pacific Ace Savings Bank
Menu
Digital Bank

Corporate Governance

Discover our strategic approach to effectively managing our business operations, fostering trust,
upholding business integrity, and cultivating robust relationships with our stakeholders.

data privacy policy

In compliance with R.A. 10173, otherwise known as the Data Privacy Act of 2012, and its implementing rules and regulations, this document indicates how personal information is gathered, disclosed and kept by PASB and is applicable to all the Bank’s customers.

Data We Get

  • All information you provided in opening your account            

  • Copy of valid IDs                    

  • Financial Background                        

  • Permits, licences and registration                        

  • Status of pending civil or criminal cases (if applicable)          

  • Phone conversation                        

  • Exchange of messages with the Bank representative              

  • CCTV footage during OTC and ATM transactions.

  • Other information collected to push-through your initiated transaction If deemed relevant, PABank may request further information from regulatory, judicial, tax authorities, and/or credit bureaus. 

Data Use

We use your personal information for the following:

  • Account opening, continuous monitoring and account closing

  • Communication (e.g.phone call)

  • Basis for approval of customer’s transaction request

  • Conduct of credit investigation and background check

  • Perform customer risk profiling

  • Internal purposes

  • Compliance with requirements set by the government particularly the BSP and PDIC.

Sensitive Data

The following are considered sensitive information:

  • Race, ethnic origin, marital status, age, color, and religious, philosophical or political affiliations

  • Health, education, genetic or sexual life of a person

  • TIN, SSS/GSIS number, health records, license, tax returns, among others

Application in development