X is unemployed and a suspected jueteng operator, X has never been charged nor convicted of any crime. He has several bank accounts and purchased several house and lots from Rockwell Realty Corp, amounting to Php50M. Subsequently, the Register of Deeds reported his purchases to AML. Upon request of the AMLC PINY bank disclosed to AMLC the bank deposits of X. As a result, X was charged in court for violation of the Anti-Money Laundering Lan Did PINY bank violated the Secrecy of Bank Deposits Act in disclosing X's bank accounts to the AMLC?

Yes. PINOY bank violated the law since it can disclose bank accounts only upon orders of the Supreme Court.

Yes. PINOY bank violated the Secrecy of Bank Deposits Act since it is absolutely prohibited from disclosing bank accounts

No. PINOY bank did not violate the Secrecy of Bank Deposit ACT. A bank is obliged to report to the AML covered and suspicious transactions.

No. PINOY bank did not violate the law because it is one of the obligations of banks to disclose bank accounts if public interest requires it.