BANCA UBAE S.P.A. products, services and reviews

About BANCA UBAE S.P.A.

Banca UBAE S.p.A. is an Italian bank headquartered in Rome, established in 1972, with a business model centered on trade finance and cross‑border corporate banking between Italy/Europe and North Africa, the Middle East, and parts of Sub‑Saharan Africa. Its activities focus on documentary credits (import/export letters of credit and standbys), guarantees, documentary collections, cash management, foreign exchange, correspondent banking, and lending structured around international trade flows; transactions are typically handled on a case‑by‑case basis and pricing is negotiated. The client base is primarily corporates and financial institutions rather than retail customers, and the bank operates without an extensive branch network (commonly maintaining offices in Rome and Milan) while providing corporate online banking and SWIFT‑based payment services. Historically, the Libyan Foreign Bank has been the main shareholder alongside minority Italian investors, and the institution is privately held. Given its geographic focus, the bank applies enhanced due diligence, sanctions screening, and anti‑money‑laundering controls consistent with Italian and EU requirements, and it is authorized and supervised within the Italian and European regulatory framework. Eligible deposits are covered by the Italian deposit guarantee scheme (Fondo Interbancario di Tutela dei Depositi) up to EUR 100,000 per depositor, per bank, within legal limits. Financial statements and prudential disclosures are published as required by law. The proposition is targeted at companies engaged in import/export activities that require documentary trade instruments and specialized cross‑border transaction support, rather than everyday consumer banking services.