TERMS AND CONDITIONS

  1. Represent and warrant that all information provided by me in this application is true and complete and undertake to notify THE GRAND SAPPHIRE immediately of any change in such information.

  2. Confirm that I am not an undischarged bankrupt and there has been no statutory demand served on me.

  3. Agree to be bound by The Grand Sapphire Terms and Conditions Governing The Grand Sapphire Membership.

  4. By my signing of this application, irrevocably and unconditionally consent for The Grand Sapphire to disclose any customer information relating to me or any information whatsoever and it is hereby agreed that The Grand Sapphire may disclose the foregoing information to the fullest extent permitted by any statutory provision or law. Without prejudice to the foregoing, I consent to such disclosure to any credit bureau or any other organisation or corporation set up for the purpose of collecting and providing information relating to the credit standings of persons, and to the disclosure of such credit bureau or other organisation or corporation to any member thereof, for the purpose of assessing my credit worthiness or for any other purposes whatsoever.

  5. Agree that The Grand Sapphire has the absolute discretion to decline this application without giving reason and to retain all supporting documents submitted as the property of Bank.

  6. Agree that The Grand Sapphire has the absolute right to decline this application or specify a lower quantum of facility than that requested for in this application without giving reason and to retain all supporting documents as the property of The Grand Sapphire.