Title
Confidentiality of Bank Deposits Law
Law
Republic Act No. 1405
Decision Date
Sep 9, 1955
Republic Act No. 1405 prohibits the disclosure or inquiry into deposits made with any banking institution in the Philippines, with the aim of encouraging people to deposit their money in banks and discouraging private hoarding, and violation of this law can result in imprisonment or a fine.

Analyze Cases Smarter, Faster
Jur helps you analyze cases smarter to comprehend faster—building context before diving into full texts.