Purchase Agreement

 

PURCHASE AGREEMENT ABOUT ME NAME (First Name, Middle Name, Last Name): _______ _________ _________ _________ _________ __________ _________ _________ _________ ________ ___ _____

Date: ______ ___ _______ ___

ADDRESS: ________________________________________________________________________________ MOTHER’S MAIDEN NAME: ___________________________________________________________________ DATE OF BIRTH ((D DD/MM/YYYY): __ _______________ __________________________ TELEPHO TEL EPHONE NE NUMB NUMBER: ER: ____ _______ _______ ________ _______ _______ _______ ____ _

MOBILE N NU UMBER: E-MA E-MAIL IL ADDRESS: ADDRESS: ____ ________ _______ _______ _______ _______ _______ ____ _

CLAIMING INSTRUCTIONS Branch Name: ___________________ __________________________ ______________ ______________ _______ Branch Code: ___________  After 7 banking days for GMMA branches and 10 banking days for branches outside GMMA, Visayas and Mindanao. Please bring 1 valid ID, the Processing Fee and this form.

TERMS AND CONDITIONS AGREEMENT

(Kindly fill out and sign in front of a Bank Personnel at a BPI Branch) • •

I agree to the Terms and Conditions printed at the back of this Purchase Agreement Form. I understand that my BPI Prepaid Card will be automatically enrolled in Bills Payment and Express Mobile given that I have a BPI Current / Savings Account. My account number is

 ______________  _______ ______________ ______________ _____________  ______  Signature of Purchaser / Cardholder I prefer not to enroll my BPI Prepaid Card in Bills Payment and Express Mobile.

THIS PORTION TO BE FILLED OUT BY THE BANK REPRESENTATIVE BPI Prepaid card number:

Branch name _______________________________________________________Branch code____________________  Date____________________________________________________________________________________________  Valid ID presented / ID Number_______________________________________________________________________  Name (as it appears on ID)_____________________________________________________ ID)_____________________________________________________ ____________________ Encoded by_______________________________________________________________________________________  Signature verified by_______________________________Authorized by______________________________________  Card Type________________________________________________________________________________________  Date encoded_____________________________________________________________________________________  Merchant code (0402) ______________________________________________________________________________  Verified by________________________________________________________________________________________  Approved by______________________________________________________________________________________  Employee Number__________________________________________________________________________________ 

 

IMPORTANT: Address, date of birth, and other details must be those of the Cardholder and the Purchaser. Please read this Purchase Agreement carefully. 1.

THE CARD - Shall refer to BPI Prepaid Cards such as Express Cash, Express Money Order, Express Cash Gift Cards, Express Cash Photo Gift Cards, My ePrepaid which are affiliated with MasterCard, More Fun Prepaid Card which is affiliated with Visa or a local proprietary Card, or such other Cards to be issued by BPI, which can be purchased for personal use or as a gift to a third party, or for  whatever legal reason it may serve.

2.

CARDHOLDER/ BEARER/PURCHASER - The term “Cardholder/Bearer” shall refer to (i) a person who purchases or avails of a Card for his/her own use or (ii) the person for whom or for whose use a Card is purchased. The term “Purchaser” shall refer to the person who purchases or avails of a Card for his/her own use or for the use of another.

For generic/nameless Cards, the Purchaser agrees to be solely and exclusively bound by the Purchase Agreement for the issuance of the Prepaid Card for the use of another.  All Cards should be signed signed by the relevant Cardhol Cardholder der and are non-transferable.

3.

RESPONSIBILITY RESPONSIB ILITY OF THE CARDHOLDER - The Cardholder agrees to (i) sign the Card immediately upon receiving it and (ii) safeguard the Card as if it were cash. BPI may, at its option, assign a system-generated personal identification number (PIN) to a Card (except for BPI Express Cash Gift Card, BPI Express Cash Photo Gift Card, My ePrepaid, and More Fun Prepaid Card) to enable the Cardholder to withdraw cash or do balance inquiries via the ATM. It is also advised that the Cardholder immediately change this initial PIN and nominate his own PIN.

4.

USES AND LIMITATIONS OF THE CARD - The Cardholder can use BPI Prepaid Cards to pay for purchases and services availed. All BPI Prepaid Cards are not deposit accounts accounts,, and the value stored is not insured by the Philippine Philippine Deposit Insurance Insurance Corporatio Corporation n (PDIC). Enumerated below are the specific uses for the Cards:

For BPI Express Cash and BPI Express Money Order, the Card can be used to pay for purchases and services availed at any MasterCard-affiliated establishment nationwide. It can also be used for balance inquiry, cash withdrawal, prepaid mobile phone reload and fund transfer to another BPI Prepaid Card via BPI ATMs nationwide. The withdrawal is limited to a maximum of Twenty Thousand Pesos (P20.000.00) per day. The Card cannot be used for Over-the-Counter withdrawals at any BPI/BPI Family Savings Bank branch. For BPI Express Cash Gift Card and Express Cash Photo Gift Card, the Card can be used to pay for purchases and services availed at any MasterCard-affiliated establishment nationwide. BPI My ePrepaid can be used for payments of any purchases made online at any MasterCard-affiliated website and payments of  purchases and services at any MasterCard-affiliated establishment worldwide. The More Fun Prepaid Card can be used for payments of any purchases made online at any Visa-affiliated website and payments of  purchases and services at any Visa-affiliated establishment worldwide. For My ePrepaid and More Fun Prepaid Card payment transactions made abroad will be converted at the exchange rate on the date the transaction is posted. In cases of return of goods, tickets, and other services obtained through the use of the Card where the merchant permits such return, the Cardholder agrees to absorb any loss or gain in relation to the exchange rate which may be charged to the Card. Payment transactions made online and/or abroad using the Card are subject to the regulations, controls, or limitations imposed by the merchant, institution and/or country. BPI Express Cash Gift Card, Express Cash Photo Gift Card, My ePrepaid and More Fun Prepaid Card cannot be used for cash withdrawals at BPI ATMs or at BPI or BPI Family Savings Bank branches. 5.

ACCREDITED ESTABLISHMENTS

- BPI has agreed with MasterCard International that Cards bearing the MasterCard or MasterCard Electronic logo shall be honor Electronic honored ed at all Maste MasterCard rCard-affil -affiliated iated merchant merchants s with electronic electronic terminals. terminals. Cards with Internet shopping shopping functionality can also be used in MasterCard-affiliated shopping sites through an online payment facility. However, BPI shall not be responsible/liable to the Cardholder if for any reason, the Card is not accepted.

BPI has also agreed with Visa that Cards bearing the Visa logo shall be honored at all Visa-affiliated merchants with electronic terminals. Cards with Internet shopping functionality can also be used in Visa-affiliated shopping sites through an online payment facility. However, BPI shall not be responsible/liab responsible/liable le to the Cardholder if for any reason, the Card is not accepted. 6.

CARD VALUE - The value of the Card is determined by the Cardholder or Purchaser by simply loading value in the Card. The maximum amount that can be loaded is Twenty Thousand Pesos (P20,000.00) for BPI Express Cash, BPI Express Money Order, BPI Express Cash Gift Card and Express Cash Photo Gift Card while the maximum amount that can be loaded to BPI My ePrepaid and More Fun Prepaid Card is One Hundred Thousand Pesos (P100,000.00). (P100,000.00). The aggregate load limit per client per month is subject to

BSP Circular 649shall (Guidelines Governing the Issuance Electronic Money). Only cash itsto, equivalent (e.g. fund transferliability, from a deposit account) be accepted for loading value intoofthe Card. The Bank reserves theand right without notice and without deactivate Cards exceeding the load and balance limit. No checks shall be accepted for loading value into the Card. The Cardholder 

 

may check the balance of the Card by inquiring via: (i) Express Phone (89-100); (ii) any Express Teller ATM nationwide (if Card has a val valid id 4-digi 4-digitt Perso Personal nal Identi Identific ficati ation on Numbe Numberr (PIN); (PIN); (iii) (iii) Expres Express s Onl Online ine,, pro provid vided ed the Ca Card rd has bee been n enr enroll olled ed in the Purchaser's/Cardholder's Express Online account, or (iv) by texting using a mobile phone. Key in BALEC <16 digit BPI Prepaid Card number> and send to 2274 for Globe and Touch Mobile and 3274 for SMART & Talk ‘n Text.

7.

CARD RELOAD

- The Card can be reloaded by the Cardholder, the Purchaser, or by a third party with additional value any time as long as it has not yet expired, and the total value in the Card at any time does not exceed Twenty Thousand Pesos (P20,000.00) for  BPI Express Cash, BPI Express Money Order, BPI Express Cash Gift Card and Express Cash Photo Gift Card and One Hundred Thousand Pesos (P100,000.00) for BPI My ePrepaid and More Fun Prepaid Card. Funds transfer from an existing deposit account to

the Card can also(iv) beExpress done thru: (i) Express (89-100) (ii) Express Online (iii)will all depend Expresson Teller   ATMs nationwide Mobile, and (v)Phone all Express Deposit Machines. The (www.bpiexpressonline.com) actual time of crediting the load what channel was used to reload. Some channels may also require pre-enrollment or encoding of passwords, security numbers, or codes before reloading can be done.

8.

EXPIRY AND RENEWAL OF THE CARD

- Unless earlier terminated by BPI, voluntarily cancelled, or returned by the Cardholder, the Card shall be valid from the day of issuance or renewal up to the last day of the month indicated on the face of the Card. Only the Cardholder may request for the renewal of the Card, which should be accomplished within One Hundred Twenty (120) days from Card expiry date thru: (i) Express Phone (89-100), subject to Positive Identification (PID) or (ii) any BPI or BPI Family Savings Bank branch. The Cardholder must accomplish all requirements set by BPI at the time of request. BPI has the right whether to approve or deny the renewal request. The Cardholder agrees that if no request for renewal is submitted/called in to BPI, a monthly maintenance fee* shall be charged to the Card beginning on the One Hundred Twenty First (121st) day from Card's expiry date. In case the request for  renewal is denied for whatever reason, a Manager’s Check in the name of the Cardholder with the amount equivalent to the remaining load at the time of expiry will be issued within Ninety (90) days.

More Fun Prepaid Card is not for renewal. Cardholder may apply for a new card online. 9.

CARD INACTIVITY AND EXPIRY FEES

- A Card not used for One Hundred Twenty (120) continuous days shall be automatically placed in inactive status. BPI may, at its option, impose a reasonable inactivity fee* for any Card that has been in inactive status at the end of each month. Once the value of the inactive Card becomes zero, it shall be automatically closed. Similarly, a Card with value not claimed One Hundred Twenty (120) days after its expiry date shall be assessed a monthly maintenance fee* to be computed starting on the One Hundred Twenty First day (121st) after the expiry date. It shall be automatically deducted from the Card balance. Redemption of balances from expired Cards shall be net of these fees. Should the Card balance become zero as a result of the fees deducted, the Card shall likewise be closed. BPI reserves the right to impose additional fees as may be necessary in providing this service.

Kung ang Card ay hindi nagamit sa loob ng Isang Daan at Dalawampung (120) sunod-sunod na araw mula sa pagka-issue o huling transaksyo trans aksyong ng gamit ito, ang Card ay agad agad-agad -agad malala malalagay gay sa inact inactive ive status. Maaaring maningil maningil ang BPI ng inactivity inactivity fee* sa katapusan ng bawat buwan. Sa oras na maubos ang balanse ng Card, ito ay kaagarang isasara. Anumang Card na may nalalabing balanse matapos ang Isang Daan at Dalawampung (120) araw pagkaraan ng expiry date ay maaaring mapatawan ng maintenance fee* kada buwan na sisingilin mula sa unang araw matapos ang Isang Daan at Dalawampung (120) araw. Ito ay agarang mababawas sa balanse ng Card. Anumang balanse na matitira matapos mabawasan ng service maintenance fee* ay ang halagang maaaring makuha ng Cardholder. Sa oras na maubos ang balanse ng Card ng service maintenance fee*, ang Card ay kaagarang isasara. Ang BPI ay may karapatan magpataw ng anumang fees para sa serbisyong ito. 10.

LOSS OF THE CARD - A lost Card is like lost cash. BPI shall block the Card and load value on the Card remaining at the time a lost/stolen Card is reported. Cardholder should immediately call 89-100 or if abroad, BPI toll-free numbers listed on BPI Express Online. Reimbursement of unused load value in the Card can be claimed after Ninety (90) days from report of loss. This will be either in the form of a Manager’s Check made payable to the Cardholder or a replacement Card, both of which shall be subject to service fees*. Losses due to the use of a lost/stolen Card before the loss or theft has been reported shall be for the account of the Cardholder.

Sumasang-ayon ang Cardholder na kinakailangang tumawag agad sa 89-100, at kung nasa abroad, tumawag sa mga toll-free numbers ng BPI na nakatala sa BPI Express Online upang ipaalam ang pagkawala o pagkanakaw ng kanyang Card. Oras na matanggap ng BPI ang tawag, agarang iba-block ang anumang transaksyon para sa Card na ito. Kung sakaling nagamit ang Card bago ito naitawag na nawawala o nanakaw, ang anumang pagkawala o pagkabawas ng pera ay para sa account ng Cardholder. Sumasang-ayon rin ang Cardholder na maaari lamang makuha ang anumang nalalabing balanse sa Card makalipas ang Siyamnapung (90) araw matapos itawag ang pagkakawala ng Card sa pamamagitan ng Manager’s Check na nakapangalan sa Cardholder o kaya’y pagpapalit ng bagong Card na may karampatang service fees*. 11.

REPLACEMENT REPLACEME NT OF DAMAGED CARDS

12.

SETTLEMENT OF FINANCIAL LOSSES

- BPI shall replace a damaged Card for free if it still has its full ORIGINAL load value and HAS NOT BEEN USED for any transaction. In the event the damaged Card has less than its original value and/or has already been used by the Cardholder for any transaction, BPI shall issue a replacement Card with value equal to the remaining balance of the damaged Card, subject to Cardholder's payment of service fees*. The replacement Card can be claimed Five (5) banking days for  nominated GMMA branches and Seven (7) banking days for nominated non-GMMA branches including Visayas and Mindanao after  BPI receives the replacement request.

- Financial losses of the Cardholder arising from security breaches, system failures, or errors committed by BPI or any BPI personnel shall be settled by automatic credit to the Card. If the Cardholder wishes to discontinue using

 

the Card, BPI shall issue a Manager’s Check made payable to the Cardholder equivalent to the unused load. Settlement of losses shall only be done after investigations conducted by BPI and/or its affiliates.

 Ang financial losses ng Cardholder o pagkabawas ng balanse ng Card na dulot ng security breaches, system failures, o anumang errors ng BPI o empleyado ng BPI ay pagbabayaran sa pamamagitan ng pag-credit sa Card. Kung gusto naman ng Cardholder na itigil na ang paggamit ng Card, magbibigay ng Manager’s Check ang BPI na nakapangalan sa Cardholder na naglalaman ng katumbas na balanse ng Card. Ang pag-aayos nito ay gagawin lamang pagkatapos maimbistigahan ng BPI o ng mga affiliates nito ang kaso. SERVICE CHARGE AND OTHER FEES

13.

- The Purchaser recognize the right The of BPI to imposeand/or charges such as service fees*, loading fees*, and other fees* on Cardholder any or all ofand its the products, services, and facilities. Cardholder Purchaser  agree to pay such service charges and fees presently imposed or may in the future be imposed by BPI at its option. As necessary, the amount of said service charges and fees may also be revised by BPI from time to time. The Cardholder and/or Purchaser may be notified of new or revised charges or fees thru any of the following: (i) BPI ATMs; (ii) www.bpiexpressonline.com; (iii) BPI and BPI Family Savings Bank branches; or (iv) other communication channels available to BPI.

Kinikilala ng Cardholder at ng Purchaser ang karapatan ng BPI na maningil para sa mga produkto, serbisyo, at mga pasilidad na ibinibigay nito. Sumasang-ayon ang Cardholder at/o Purchaser na magbayad ng anumang pangkasalukuyang pangkasalukuyang charges tulad ng service fees*, loading fees* o anumang fees* sa BPI sa hinaharap. Ang BPI ay maaaring magdagdag ng service fees* o magsagawa ng pagbabago sa halaga ng nasabing service fees* anumang oras. Ito ay maaaring ipagbigay alam sa pamamagitan ng anunsyo sa: (i) BPI ATMs; (ii) www.bpiexpressonline.com; (iii) mga sangay ng BPI o BPI Family Savings Bank; o (iv) iba pang communication channels ng BPI. 14.

UNCLAIMED UNCLAIME D CARDS

15.

COMPLIANCE WITH EXISTING LAWS

- The Cardholder and Purchaser hereby warrant that the use of the Card, including but not limited to the transfer and/or receipt of funds using the Card and the available channels for the Card, do not and will not violate the AntiMoney Laundering Law, as amended as well as other applicable laws, rules, or regulations. By signing this Agreement or using the Card, the Cardholder and Purchaser hereby agree to render BPI, its officers, employees, and representatives, free and harmless and to indemnify BPI from any liabilities, damages, suits, or causes of action whatsoever which may arise from any violation of said laws, rules, or regulations. Moreover, BPI, upon reasonable suspicion of fraud, irregularity, or anomaly involving the Card may automatically block the use thereof and initiate investigation.

16.

AMENDMENTS

17.

LIMITATION OF LIABILITY - BPI shall not be liable to the Cardholder or Purchaser for any loss, damage, claim, cost, or other liability arising from the Agreement or the use or misuse of the Card unless solely and directly caused by the gross negligence or willful misconduct of BPI or its officers, employees, or representatives. BPI's liability arising out of or in connection herewith shall be limited to 50% of card balance or the actual and proven amount lost, whichever is lower.

18.

AGREEMENT TO THESE TERMS AND CONDITIONS - The Cardholder's or Purchaser's signature herein, or by Cardholder's use of  the Card, or the Cardholder's receipt of the Card from the Purchaser, if Cardholder is not the Purchaser, constitutes Cardholder's agreement to and acceptance of these terms and conditions and the Terms and Conditions of the Bank of the Philippine Islands governing gover ning PRODUCT PRODUCTS, S, SER SERVICES VICES,, FACI FACILITIE LITIES, S, AND CHANNEL CHANNELS. S. The Cardholde Cardholderr and Purchaser Purchaser fully understand understand the corresponding risk entailed in availing of such products, facilities, services, and channels. The Cardholder and Purchaser agree to any and all supplement(s), modification(s), or amendment(s) of such terms and conditions, notices of which shall be posted in the Bank’s premises, website, or any other channel where available.

– Upon application, card can be claimed within Five to Seven (5-7) banking days for nominated Branches in GMMA and Seven to Ten (7-10) banking days for nominated Branches in non-GMMA including Visayas and Mindanao. Any Card unclaimed after Thirty (30) days from the time of delivery to the nominated Branch shall be perforated for security reasons. Any Cardholder who fails to claim his Card within such prescribed period shall be required to purchase a new one.

- BPI may, at anytime and for whatever reason it may deem proper, amend, revise, or modify this Agreement. Any such amendment shall bind the Cardholder and Purchaser upon date of effectivity as specified on the notice, whichever is earlier. The Cardholder or Purchaser may have his Card terminated within Fifteen (15) days from notice if he refuses to be bound by the amendment. Failure to notify BPI of Cardholder's or Purchaser's intention to terminate his Card shall be construed as acceptance by the Cardholder of the amendments to this Agreement.

*The applicable fees and charges shall be published in the Bank's website at Client Updates portion from time to time and made an integral part hereof.

 ________________________________  _______________ _______________________ ______ (PRINTED NAME AND SIGNATURE) PURCHASER/CARDHOLDER

_________________________________ ________________ ______________________  _____  DATE