HOME  ABOUT THE BANK  MONETARY POLICY  BANKING SUPERVISION  PAYMENTS & SETTLEMENTS  STATISTICS  FEEDBACK CORNER
   BSP NOTES & COINS  MONETARY OPERATIONS  LOANS-CREDIT & ASSET MGT  PUBLICATIONS & RESEARCH  REGULATIONS  PROCUREMENT

Feedback Corner

Publications and Research

Media Releases

Advisory on Professional Forex

03.14.2013

The BSP received information that a group of persons, operating under the name and style of Professional Forex Union Limited (“Professional Forex”) is offering through its website https://proforexunion.com various online financial services and products, such as 1) fiduciary management of shares, assets, securities and monetary funds, 2) foreign exchange (Forex) trades and advice, and 3) an assortment of investment products.

Professional Forex Union Limited (“Professional Forex”) is not an entity registered with the Bangko Sentral ng Pilipinas (BSP).

BSP likewise warns consumers to take special care to protect themselves from the various kinds of frauds
being perpetrated in today’s financial markets. Before entering into online financial transactions, consumers are strongly advised to exercise prudence by verifying (online or other means), with the BSP and SEC an entity’s registration or licensing.

For information on BSP registered financial institutions, please visit http://www.bsp.gov.ph/banking/directories.asp

RSS Subscribe for updates

Archives