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. Ashutosh Kumar

Tel No : 852-2524 2221
E Mail :

Head Office (India):
Shri. G. R. Padalkar
General Manager,
Tel. No: +91 22 22896302

1. Hong Kong LMR Disclosure Statement upto September 2019

2. Hong Kong LMR Disclosure Statement upto June 2018

3. Hong Kong Disclosure Statement December 2018

4.Extension Notice for appointment of statutory auditor of Hong Kong branch for the period 2019-20.

5. Hong Kong Disclosure Statement September 2018

6. Hong Kong LMR Disclosure Statement upto March 2018

7. Hong Kong Disclosure Liquidity Statement

8. Notice for Selection of Periodic Auditors for Hong Kong Branch 2018-2019

9. Notice for Selection of Periodic Auditors for Hong Kong Branch

10. Notice for Empanelment of Statutory Auditors for Hong Kong Branch

11. Notice for advertsiement in website for appoint. of Statutory Auditor-Hk Branch

12. Notice for Appointment of Statutory Auditors for Hong Kong Branch for the period 2018-19

13. Notice for Empanelment of Periodic Auditors Hong Kong Branch

14. Notice for Empanelment of Statutory Auditors Hong Kong Branch

15. Notice for appointment of statutory auditor of Hong Kong branch for the period 2019-20.

16. Hong Kong LMR Disclosure Statement upto March 2019

17. Hong Kong Disclosure Statement March 2019

18. Hong Kong LMR Disclosure Statement upto June 2019

19. Notice for appointment of Periodic Auditor for HONG KONG Branch for the year 2019-2020

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.

UNION BANKOF INDIA, Hong Kong is a member of the Deposit Protection Scheme. Eligible deposits taken by this Bank are protected by the Scheme up to a limit of HK$500,000 per depositor.

Savings Bank interest is reduced from 1 % to 0.50% w.e.f 01.04.2013 

Prime Lending rate in  Hong Kong for  Hong Kong Dollar is  5.75% pa

and for US Dollar  is 5.5% pa.

It is decided to revise interest on Savings Bank accounts to 0.50% w.e.f 01.04.2013 in view present market scenario.   Interest will be paid on half yearly rests.  Interest will be paid only if interest payable is atleast  HKD25 or USD 6.25 for Savings A/cs in HKD  and USD respectively

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. 

The rate of interest on deposit in HKD, USD, EUR, GBP w.e.f from 07.03.2016 is as under

*       The rates are applicable for Deposit of USD 1 Million and below

*       For Bulk Deposit of USD above 1 Million please contact the branch.

DISCLOSUREON REMUNERATION