There can be substantial risks and volatility involved in investing in foreign currency markets, including the possible loss of principal.  These risks are the sole responsibility of the customer. The Bank is not responsible for such losses, and FDIC insurance does not cover losses associated with such risks.  Foreign currency products may not be suitable for risk averse business entities.  You should purchase foreign currency products only upon your own independent determination that such products are appropriate for you based on your transaction objectives and risk tolerance, and after consulting with qualified advisors as you deem appropriate.  For more information about the risks of transacting in foreign currencies, request a copy of All About Business Accounts & Services disclosure and agreement.

The information provided by our foreign exchange staff is for informational purposes only based on sources that we believe to be accurate and reliable. This information should neither be considered an investment recommendation or advice, nor an assurance or guarantee of future exchange rate movements or trends.

Foreign currency demand accounts and foreign currency time deposits offered by Union Bank of California, N.A. are FDIC insured within permissible limits.  Other foreign currency products offered by Union Bank of California, N.A., such as forward contracts, are neither bank deposits nor FDIC insured.