Practice question
Which act is prohibited by RA 1405 Section 3 absent a lawful basis?
- A bank employee disclosing a customer's deposit information to an unauthorized outsider
- An account owner checking her own statement
- A depositor giving valid written permission
- Compliance with an established applicable statutory exception
- Receiving an ordinary deposit
Legal references
- RA 1405, Sections 2-3: https://lawphil.net/statutes/repacts/ra1955/ra_1405_1955.html
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