phbida Privacy Policy

This Privacy Policy describes how phbida collects, uses, stores, and protects personal information provided by Members and visitors of the phbida platform, in accordance with the Philippine Data Privacy Act of 2012 (Republic Act No. 10173) and its Implementing Rules and Regulations.

Effective Date: 1 January 2026  •  Last Updated: 1 June 2026

Your Data Rights at phbida

Under the Philippine Data Privacy Act, phbida Members have specific rights over their personal information. Here's what those rights mean in practice.

RA 10173
Right to Be Informed

You have the right to know what personal data phbida collects about you, the purpose for which it is processed, the entities it may be shared with, and the retention period. This Privacy Policy satisfies phbida's obligation to inform you clearly and completely.

Your Right
Right to Access

You may request a copy of the personal data phbida holds about you at any time. phbida will respond to verified access requests within 15 business days. Requests should be submitted via your registered phbida account or by emailing [email protected] from your registered email address.

Right to Rectification

If any personal data phbida holds about you is inaccurate, incomplete, or outdated, you have the right to request correction. Most personal details can be updated directly within your phbida account settings. Where KYC-verified data requires correction, documentary evidence will be required.

Right to Erasure

You may request the deletion of your personal data subject to phbida's legal obligations to retain certain records — including transaction records, KYC documents, and anti-money laundering compliance data — under applicable Philippine law. Erasure requests will be assessed on a case-by-case basis.

Right to Object

You have the right to object to the processing of your personal data for direct marketing purposes. You may opt out of phbida's marketing communications at any time via your account notification settings or by submitting an opt-out request to phbida's Data Protection Officer.

Right to Data Portability

You have the right to receive personal data that phbida holds about you in a structured, commonly used, machine-readable format, and to transmit that data to another controller where technically feasible. Portability requests are subject to verification of identity.

Your Data is Safe at phbida

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