The Bank has opened its first full-fledged branch at Hong Kong on 7th May 2008 to cater to growing bilateral trade needs of India. The Branch carries out all normal banking operation to cater to diversified needs. The Branch has state of the art facilities to help service customers.

Address

Union Bank of India
Suite 1903-04
19th floor
Nine Queen’s Road
Central, Hong Kong
Tel No : 852-25242389
852-25242398
Fax No : 852-25242223
SWFIT UBINHKHH

CEO Mr. PANKAJ SHARMA

Tel No : 852-25242221
Mobile : 852-68996416
E Mail : hongkongbranch@unionbankofindia.com

Product & Services offered at Hong Kong Branch

Deposit Schemes :

• Savings Bank accounts in Hong Kong Dollars, US Dollars, EURO, GBP by individuals either singly or in joint names.
• Current accounts in HKD, and major Foreign Currencies by individuals either singly or in joint names / Partnership concerns / Limited companies / Societies / Proprietorship concerns.
• Short / Fixed Deposit Deposits with attractive interest rate in HKD, and major Foreign Currencies by individuals, Companies and Societies with automatic rollover on maturities.

Trade Finance :

• Letter of Credit (L/C) – opening / Advising / confirming.
• Negotiation of Export L/C at competitive rates.
• Financing Import Transaction – Loan – Trust Receipt.
• Collection of Bills – Import / Export.
• Shipping and other Guarantees and standby L/Cs.
• Financing for Buyers Credit / Suppliers credit at competitive rate.
• Export Bills purchase and discounting.
  Other Forms of Trade Finance. 

Corporate Credit / Loans :

• External Commercial Borrowing.
• Structured facilities to suit to your every need.
• Loan and Syndication. 

Treasury Products :

• Fine and competitive Quotes.
• Hedging Currency risk.
• Swaps & Options.

Remittance Services :

• Demand Draft in INR, USD and HKD currencies.
• Online remittance to all Union Bank of India branches and RTGS/NEFT enabled branches of other bank in India.
• Transfer via S.W.I.F.T to any global location in all major currencies. 

DISCLOSUREON REMUNERATION