#unionbank x coins

UnionBank of the Philippines has partnered with digital assets services provider, Coins.ph, to make crypto and other emerging asset classes more accessible to the open market. The partnership was made official through a memorandum of agreement signing ceremony held on May 30, 2023, at the UnionBank Plaza in Pasig City. As part of the agreement, Coins.ph will offer preferential rates to UnionBank clients, specifically in the payments and remittance industries. The partnership covers four key services offered by Coins.ph: simple buying, selling, and conversion; spot trading; crypto wallet and custody features; and cash in and cash out. Through this partnership, UnionBank will be able to help its clients future-proof themselves, democratize accessibility of cryptocurrencies, and promote adoption of the technology. The crypto offerings powered by Coins.ph will now be more widely accessible through other platforms, providing UnionBank customers with greater reach. This is also part of Unionbank's push towards digital services, as it welcomes the innovation ecosystem to the Open Finance Center of Excellence. UnionBank, partnered with Globe Business, is the first Philippine bank to have a smart bank that uses 5G technology. Read more in our articles including "UnionBank, Coins.ph ink partnership to make crypto more accessible" and "UnionBank partners with Globe to launch the first 5G powered bank".