Dear Client,
United Overseas Bank (Vietnam) Ltd (“Institution”) has reviewed the content of the FX Global Code (“Code”) and acknowledged that the Code represents a set of principles generally recognized as good practice in the wholesale foreign exchange market (“FX Market”). The Institution confirms that it acts as a Market Participant as defined by the Code, and is committed to conducting its FX Market Activities (“Activities”) in a manner consistent with the principles of the Code. To this end, the Institution has taken appropriate steps, based on the size and complexity of its Activities, and the nature of its engagement in the FX Market, to align its Activities with the principles of the Code.
We are pleased to share our practices for the conduct of our FX business which is consistent with the FX Global Code via the hyperlink below. We hope this sharing will provide you the transparency on how we handle FX transactions with your good organization and other market participants.
Thank you for your continued support.
