Consent, Authorisation and Acknowledgement

I consent to DBS Bank Ltd’s (“DBS”) collection and use of my personal data and the use and disclosure of my personal data by/to third parties for the purpose of this GIRO application (“Application”). I authorise DBS to:

inform the Billing Organisation (“BO”) listed in my Application of such Application;
process the BO’s instruction to debit my account;
reject the BO's debit instruction if my account has insufficient funds and DBS may impose charges should this occur;
proceed with the BO's debit instruction notwithstanding that my account may be overdrawn and DBS may impose charges should this occur; and
terminate this GIRO service within a reasonable time upon DBS’ receipt of my termination notice via written revocation to DBS or through the BO. I agree that DBS may terminate this GIRO service at any time without notice or liability to me.

I acknowledge that this Application, when approved by DBS, will not have any limit per GIRO deduction. To adjust the GIRO deduction limit, I understand that I must change the limit via iBanking or DBS hotline (1800 111 1111) after the Application is approved.

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