⦁ The Data Privacy Act of 2012 is a 21st century law to address 21st century crimes and concerns. It (1) protects the privacy of individuals while ensuring free flow of information to promote innovation and growth; (2) regulates the collection, recording, organization, storage, updating or modification, retrieval, consultation, use, consolidation, blocking, erasure or destruction of personal data; and (3) ensures that the Philippines complies with international standards set for data protection through National Privacy Commission (NPC).

⦁ BUDHI’s DATA PRIVACY STATEMENT Last updated 26th September, 2023
⦁ This Data Privacy Statement (“Statement”), which has been prepared in relation to R.A. 10173, otherwise known as the Data Privacy Act of 2012, and its implementing rules and regulations, describes how personal information are collected, processed, disclosed, and stored by BELOVED UNIVERSITY DEVELOPMENT and HERITAGE INITIVES (“BUDHI”) CORPORATION and is applicable to its employees and all persons who have established or propose to establish a relationship with BUDHI, or who have provided or propose to provide contributions to BUDHI (“Donors”).
⦁ WHAT DATA TO BE COLLECTED FROM YOU
⦁ To accept the Donation for BUDHI’s products and services and/or to implement Donor-requested transactions, BUDHI shall collect personal information from the Donor which may include, but are not limited to:
⦁ • Name, Age, Date/Place of Birth, Gender, Civil Status, Nationality
⦁ • Address and Contact Details
⦁ • Educational Background
⦁ • Employment History
⦁ • Financial Background
⦁ • Specimen Signature
⦁ • Status of Pending Civil/Criminal Cases (if any)
⦁ If deemed necessary, BUDHI may request to verify the Donor’s personal information, or seek additional information from regulatory, judicial, tax authorities, or credit bureaus.

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⦁ PURPOSES OF DATA PROCESSING
⦁ BUDHI shall process the Donor’s personal information in connection with any of the following purposes:
⦁ • Open, maintain, and/or terminate donation accounts;
⦁ • Ease of contacting/communicating with Donors;
⦁ • Evaluate, approve, provide, or manage donations, and other transactions that the Donor has offered;
⦁ • Comply with know-your-Donor information requirements;
⦁ • Conduct background checks;
⦁ • Perform profile and risk analysis;
⦁ • Provide extensive and quality support to the Donor;
⦁ • For internal purposes, such as administrative, operational, audit, credit and risk management, or;
⦁ • Comply with its reporting obligation to government authorities under applicable laws, rules and regulations.
⦁ BUDHI’S METHOD OF PROCESSING PERSONAL DATA
⦁ Processing refers to the collection, recording, organization, storage, updating or modification, retrieval, consultation, use, consolidation, blocking, erasure or destruction of personal information. If necessary, for the efficient acceptance of BUDHI’s donation services, the processing of personal data may be outsourced to third party service providers subject to compliance with this Statement and the provisions of the Data Privacy Act and its Implementing Rules and Regulations.
⦁ BUDHI shall collect personal information through, but not limited to, any of the following:
⦁ • Face-to-face and/or telephone conversation;
⦁ • Accomplishment and/or signing of forms/documents
⦁ • Online enrollment through electronic banking channels and services (e.g., PayPal and IAccess channels of LandBank of the Philippines.
⦁ WHEN DO WE COLLECT PERSONAL INFORMATION
⦁ BUDHI collects information upon the Client’s intention to donate and/or usage of BUDHI’s products and services. This includes, but not limited to, account remittance applications, signing-in to e-Banking channels, etc.
⦁ RETENTION AND DISPOSAL
⦁ Retention and disposal of personal information shall be made in accordance with the Records Disposal Policy and Records Disposition Schedule of BUDHI.
⦁ HOW WE SAFEGUARD PERSONAL INFORMATION
⦁ BUDHI, its employees, agents and representatives, shall handle personal information with utmost care and adhere to appropriate organizational, physical, and technical measures to maintain the confidentiality, integrity and security of all personal information in its possession.
⦁ THE CLIENT’S RIGHTS
⦁ In accordance with the Data Privacy Act, the Client has the right to:
⦁ • Be informed whether their personal information shall or have been processed;
⦁ • Reasonable access to their personal information;
⦁ • Require BUDHI to update their personal information;
⦁ • Suspend, withdraw, or order the blocking, removal, or destruction of personal information if BUDHI is not required to retain it by law or for legitimate business purposes and subject to the conditions for the legitimate exercise of the said rights under the Data Privacy Act and its IRR.
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