Compliance and Legal

Western Union Business Solutions is an operating division of The Western Union Company. Services in Hong Kong are provided by Western Union Business Solutions (Hong Kong) Limited, company number 1474270 and CE number BGY438 ("WUBS" or “Western Union Business Solutions”).

Western Union Business Solutions and its associated entities are subject to a wide range of laws and regulations. Each legal entity has a team dedicated to addressing these areas. For more information please see below.

Fraud Awareness and Protection

We take online fraud seriously and want to make sure our clients stay informed on how to protect their personal information.  Click here for more information.

Data Security

Western Union Business Solutions establishes procedures and employs technology to help protect your information. If you have questions about compliance or data security,  please contact our compliance team.

Disclosure Documents

If you're interested in any of the following products and services:

  • Forward Exchange Contracts
  • Currency Option Contracts
  • Wire Transfers
  • Foreign Drafts/Cheques

Then you should download, read and consider the relevant Western Union Business Solutions (Hong Kong) Limited disclosure document shown below.

Risk Disclosure Statements

Risk of trading in leveraged foreign exchange contracts. The following risk disclosure statement applies to the Forward Contracts and Option Contracts provided by WUBS.

The risk of loss in leveraged foreign exchange trading can be substantial. You may sustain losses in excess of your initial margin funds. Placing contingent orders, such as “stop loss” or “stop limit” orders will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders. You may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You will remain liable for any resulting deficit in your account. You should therefore carefully consider whether such trading is suitable in light of your own financial position and investment objectives.

Risks of client assets received or held outside of Hong Kong. The following risk disclosure statement applies to the Holding Balances provided by WUBS.

Client assets received or held by WUBS International (as sub-contractor to WUBS) are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the Securities and Futures Ordinance (Cap. 571) and the rules made thereunder. Consequently, such client assets may not enjoy the same protection as that conferred on client assets received or held in Hong Kong.

More Information