Panalong Pasko Raffle Promo

1. The Promo winners will be entitled to select Php 173,000 worth of items falling under their selected category among the following:

a. Home Appliance

b. Bedroom

c. Home Entertainment

d. Toy and Gaming

e. Baby Items

f. Gadget

g. Health & Beauty

2. BPI will cover the cost of the items selected by the winner up to a limit of One Hundred and Seventy-Three Thousand Pesos (PHP173,000) only. Any cost in excess of said limit will be for the account of the Promo winner.

3. In case the total price of the items exceeds Php 173,000, the Promo winner shall have the option to exclude items from his haul to make the total price fall within the PHP173,000 limit, or to pay for the excess.

4. BPI shall not be responsible for any item damaged during the haul selection. Damaged items will still be included in the computation of the limit of One Hundred and Seventy-Three Thousand Pesos (Php 173,000).

5. Winners must claim their prize within sixty (60) days from receipt of the winners’ notification.

6. Winners will be required to present two (2) valid government IDs for purposes of verification prior to being allowed to claim their prize. Additionally, winners whose account is the Jumpstart Savings account must be accompanied by a legal guardian in order to claim the prize.

7. Should the winner be unable to claim the prize, he may appoint a representative to act on his behalf. Said representative must bring the following:

a.  A letter of authorization signed by the winner, nominating said representative to participate in the Panalong Pasko Raffle Promo on his behalf; and

b. two (2) valid government IDs of both the winner and representative.

8. Should any winner's account be closed for whatever reason at the date of the raffle draw, the prize shall be automatically forfeited.  

9. The prize offered under the Promo shall not be convertible to cash, credit, privileges, and/or other rewards.

10. The prize package does not cover any logistics or transportation expenses related to claiming the prize and the items acquired during the challenge. Winners are solely responsible for arranging the transportation or logistics of the items they have selected.

11. BPI will shoulder the 20% prize tax imposed on raffle prizes exceeding Ten Thousand Pesos (Php 10,000).

12. BPI shall contact the winners and agree with each one of them regarding their preferred location to claim their prize. Depending on such preferred location and the category selected (Home Appliance, Bedroom, Home Entertainment, Toy and Gaming, Baby Items, Gadget, Health & Beauty), BPI will determine the participating store where the winner will do his/her shopping spree. Participating stores include: (i) The SM Store; (ii) Ace Hardware; (iii) Baby Company; (iv) Toy Kingdom; (v) SM Appliance Center; (vi) Crate & Barrel; (vii) Ace Builders Center; (viii) Our Home; and (ix) Watsons.

13. By participating in this raffle, the winners consent to sharing to the Bank his/her personal information for the purposes of prize redemption and the right to publish and use the winners’ names and/or photographs and/or videos in connection with the Bank’s promotional activities in any form whatsoever, including website, social media, and other publications, without further compensation or notice. 

14. In case of disputes in respect of BPI and a customer’s availment of the Promo, the decision of BPI with the concurrence of DTI shall be considered final.

15. All disputes related to this Promo will only be entertained if submitted within sixty (60) banking days after the end of the Promo Period.

16. The Terms and Conditions governing the use of BPI Regular Savings account, Jumpstart Savings account, BPI’s Products, Services, Facilities and Channels, as well as the BPI Data Privacy Statement, are hereby incorporated by reference and shall form an integral part hereof. 

17. The Promo shall be subject to periodic review to ensure compliance with BPI’s policies and procedures, as well as with BSP rules and regulations and other applicable laws.

18. BPI and its subsidiaries shall not be liable for any loss, damage, or personal injury whatsoever (including but not limited to direct, indirect, and consequential loss) suffered or sustained in connection with the use and enjoyment of the prizes.

19. BPI employees and their relatives up to the 2nd degree of consanguinity or affinity are disqualified to join the Promo.

20. To the full extent allowed by applicable laws, all warranties, whether express or implied by law or statute, are excluded herein. BPI does not make any warranty, express or implied, with respect to any of the prizes.