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23-02-2024
Exchange Rate
GBP/INR 102.98 less than £250 104.33 £250 to £1999 104.43 £2000 to £4999 104.48 £5000 to £9999
USD/INR 82.31 Up to $2000
23-02-2024Exchange Rate
GBP/INR 102.98 less than £250
104.33 £250 to £1999 104.43 £2000 to £4999 104.48 £5000 to £9999
USD/INR 82.31 Up to $2000
We are making changes to our schedule of service charges and tariffs for Business and Individual accounts effective 01 April 2024. The new tariff will contain updates to account maintenance fees, transaction charges for deposits, withdrawals, and transfers, as well as changes to fees for other services. Please click on this link for more details : Union Bank of India (UK) LTD > Service Charges
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Treasury

In UK, Union Bank of India (UK) Ltd has adopted a focused approach towards improving efficiency and profitability by successful integration of operations of different financial markets, viz. fixed Income, Money market, Foreign Exchange and Derivatives and is poised to make its mark as an important player in the marketplace.

Bank has started the concept of institutional banking and has been active in interbank money market operations and it acts as a quoting bank to other financial institutions/banks in UK, outside UK and India.

Bank's treasury operations in London are equipped with state-of-the-art technology and handles various financial transactions, both for effective management of resources and its efficient deployment, besides timely compliance of regulatory requirements.

Investment operations are undertaken both in Primary and Secondary markets for fixed income securities rated within investment grade.

Trade Finance - Trust receipt financing, Issuance of acceptance of LC, bills collection bills discounting/purchase and handling.

In addition, currently we undertake the following operations:

  • Foreign exchange transactions
  • Remittances in selected currencies
  • Currency Swaps

 

Contact Us

For your Treasury related requirements, you may please contact us at +44 207 332 4250 by phone or email us at

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