Privacy and Terms
To create a UnionBank Business Account, you’ll need to agree to the UnionBank Account Opening Terms & Conditions which covers the following key points:
Who can open an account and what types of account can be opened.
What we need to validate before we can open your account.
Services that can be availed with the branch such as deposit acceptance, withdrawal, and encashment.
How you can update your account information for any changes after it’s been opened.
What happens if your account has been inactive for (1) year.
In addition, we will automatically enroll you to the online banking system after your account has been opened. As such, you’ll need to agree to the Business Banking Terms & Conditions, which contains the following topics:
How to activate your online banking access after the account has been opened.
Online banking products and services you can avail such as account management, fund transfers, bills payments, mobile check deposit, branch visit scheduling, and more.
What are access rights and how these are interpreted in the System.
How we process online transactions and when are service fees deducted.
What are transaction approvals and why it’s important.
What security measures are in place to prevent fraudulent transactions.
Lastly, we process your information when you open an account, when you login, and when you transact on the system. We've listed key reasons why we collect your data but you can read about the full Privacy Policy on the website.
Data that we process and why we process it
We store personal and company information you give us like your name, email, mobile number, company address, and your business registration details. 
These help us perform customer due diligence by validating your information and verifying your business;
When you login to the UnionBank Business Banking website or app, we process information about that activity – including information such as the device IDs, IP addresses, cookie data and location.
These allow us to improve security by protecting against fraud and abuse.
When you create transactions, we store transaction information such as the amount and beneficiary information. These help us:
Improve the quality of our services and develop new ones;
Measure and understand how our services are used; and
View transaction details so we can assist with any concerns.
By clicking agree, you consent to the UnionBank Account Opening Terms and Conditions, Business Banking Terms and Conditions, and the Privacy Policy.