Union Bank is considered one of the leading banks in Jordan with regard to financial and investment services locally & internationally. Providing clients the best investment services using the latest technology and investment tools to assist you in taking the right financial decision at the right time. Union Bank is pleased to offer you through its Treasury & Investment Department at the Head Office the following “International  & Local investment services:”

• Treasury Services.
• Financial Brokerage Services at Amman Stock Exchange(This is through Union Brokerage Company).
• Exchange Unit at Head Office , Aqaba and Branch in Palestine.
• Financial Institutions & International Division.
• Inward and Outward Transfers.

• Foreign Exchange Market
  

  Clients can trade the main currencies VS/ USD on a spot and forward basis. Also clients can trade currencies on a margin basis, whereupon one can trade up to five times the margin deposit, the trading conditions are set as per the margin trading agreement.

• World Financial Markets

  Clients can have access to trade the following treasury tools:

  • Shares listed and traded in USA and Europe.
  • Bonds (Corporate, Government or Euro bonds).
  • CD’s (Certificate of Deposits) in JD , USD , Euro & Sterling.
  • Mutual funds and investment programs that are listed in the main bourses.

  All the above mentioned tools are traded via an excellent network of correspondents and brokers giving our clients:

  • The best execution prices.
  • The lowest commission possible.
  • The best practical advices.
• Investment Programs

  Clients can have a window through Union Bank to invest in world financial markets depending on their risk profile through the following tools:

  • Capital Guaranteed Programs.
  • Capital Guaranteed Programs with a certain return guaranteed.
  • Mutual funds (open-ended or close-ended).
• Discretionary Accounts

  Clients who wish to achieve a higher return with an additional risk may invest a min of $ 10,000 in a discretionary account whereby the Dealing Room would trade foreign currencies and metals on margin basis on client’s behalf with an exist / entry at the end of each month.

• Treasury Services (Foriegn Exchange)
  

  Union Bank has one of the largest Foreign Exchange and Money Market operations of any other commercial Bank in Jordan.

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Our long established experience of our Brokerage Financial Office at Amman Stock Exchange, manned by a highly professional team of brokers and officers that have great insight into the Jordanian Stock Market, and caters for all investment requirements and portfolio management.

• Financial Brokerage

  To buy and sell securities listed in Amman Stock Exchange in accordance with specific instructions from the client.

• Investment Management
  

  To manage securities’ portfolios, in terms of selling and buying upon proxy from the client under an investment management agreement signed between the two parties that layout the client's investment policy as well as the powers and duties of the investment manager. This activity also includes management of investment funds.

• Investment Trusteeship
  

  To follow up on the management of the client’s investments as well as of investment funds by the investment manager ensuring that it is in conformity with the client’s investment policy.

• Financial Consultations
  

  To provide advice and consultation against remuneration to third party. A regular activity on a professional and on-going basis in relation to investment and dealing in securities, including:

  • On-going advice on investment or dealing with securities on the basis of the particular investment goals of each client.
  • Advice for third party either directly or indirectly through bulletins or written material on investment, buying or selling securities.
• Margin Finance Services
  

  Union Bank, through a highly qualified specialist team through it’s wholly owned subsidiary, Union Brokerage W. office at the Amman Stock Exchange, offers clients to finance part of the tradable securities at competitive interest rates under the laws and regulations set by the Securities Commission Board 

• Management of Primary Issues

  Includes the following two main activities:

  • Carrying out on behalf of the issuer, all the necessary studies and procedures to issue new securities including the registration of relevant securities with the commission.
  • Marketing and underwriting subscriptions to new securities on behalf of the issuer by virtue of an issue underwriting agreement concluded between the two parties.

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Long established and reputable experience in dealing with Bank Notes and exchange of major currencies since 1950 and continued onwards all around the Middle East, Europe & USA.

• Exchanging and shipment of bank notes of major currencies vs. JD, Euro or USD through an excellent network of correspondent banks and financial institutions in the Gulf Region , Europe and USA.
• Providing bank notes for the local banks and money exchangers vs. USD, Euro or vs. money transfers, as Union Bank is considered a  pioneer market maker in respect to bank notes.
• Buying bankers drafts, travelers checks, money orders & MoneyGram transfer.
• Trading in gold bars both scrap and fine gold.
• Executing complete banking services to merchants, companies and individuals.

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Union Bank has first class correspondent Banking & Financial Institutions all over the world to execute foreign exchange, foreign drafts and international funds transfer, letters of credit (import/export), standby letters of credit, letters of guarantee, bills for collection (inward/outward).

Together with our professional specialized treasury and investment services, we offer innovative products using up-to date technology to meet all of our clients requirements and long term needs.

Our success is based on long established relationship with our reputable global correspondent network.

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To assist you in receiving funds in your favor from abroad , please instruct the remitter to pass his instructions to his bankers as follows:

• For U. S.D. Transfers
  1. Pay: WACHOVIA BANK
     

     New York
     Swift Code:	PNBPUS3NNYC
     A/C 2000193003776
     A/C union Bank For Savings And Investment-Amman
     Swift UBSIJOAXXX

     OR

  2. Pay: HSBC Bank USA, New York
     

     Swift Code:	MRMDUS 33
     Fid Wire Routing:	021001088
     A/C  000135267
     A/C  Union Bank
     Swift UBSI JO AX

• For EURO Transfers
  

  Pay:	Commerz Bank – Frankfurt
  Swift Code:	COBA DEF FF
  A/C  4008766 – 11500  EUR
  A/C  UNION BANK
  Swift Code:	UBSI JO AX

• For STERLING Transfers
  

  Pay:	HSBC BANK PLC , LONDON
  Swift Code:	MIDL GB 22 XXX
  Sort Code:	40 05 15
  A/C 58591939
  A/C UNION BANK

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