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Last updated: 28 / 11 / 2024
UOBKH would like to remind all that in accordance to Bank Negara Malaysia (“BNM”)’s Foreign Exchange Policy, UOBKH is not permitted to have any dealing or transaction with or involving a Specified Person as well as stocks that are owned by Specified Person.
“Specified Person” means—
(a) the State of Israel or its governmental organization, authority or agency
(b) a natural person who is a citizen or permanent resident of the State of Israel;
(c) any person incorporated, established, or registered for purposes of incorporation or establishment, in the State of Israel or under its laws including such person’s direct subsidiary or branch outside the State of Israel; or
(d) any unincorporated person which is formed in the State of Israel or under its laws or policy.
in whatever name or style, or any other person who is connected with a person mentioned in subparagraph (a), (b), (c) or (d) as the BNM may specify.
As such, UOBKH will not accept any account applications and/or establish business relationships with any persons from the State of Israel.