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The International and Financial Institutions Division (IFID) of the Bank establishes and maintains all international correspondent banking partnerships in addition to managing the international assets of the Bank.
Correspondent Banking Being one of the industry leaders, Union National Bank handles a vast volume of trade transactions on behalf of some of the most prestigious corporate names in the United Arab Emirates. Our corporate and retail clients have access to the world through our 225 reliable correspondents in more than 50 countries ensuring professional and efficient services. With our diversified and fast growing branch network, coupled with our specialised corporate teams, we are the preferred choice for global banks requiring services and expertise in the United Arab Emirates. For a list of the major currencies and our related correspondents click here.
International Assets The International and Financial Institutions Division manages the international assets of the bank. These are exposures on sovereigns, financial institutions and international corporates outside United Arab Emirates, which are marketed and monitored by a team of dedicated specialists through various products.
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