*Transfers to and from UBS Bank USA Core Savings are completed through a UBS Financial Services Inc. brokerage account.
About UBS Bank USA
UBS Bank USA is a member of the Federal Deposit Insurance Corporation (FDIC). Funds on deposits at UBS Bank USA are eligible for deposit insurance from the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000 (including principal and accrued interest) for each insurable capacity (e.g., single, joint, corporate, etc.) in which you own the deposits. For purposes of FDIC insurance, your deposits will be aggregated with your other deposit balances held in the same insurable ownership capacity at UBS Bank USA, including any certificates of deposit, UBS Bank USA Core Savings deposits and deposits held through the UBS Bank Sweep Programs and the UBS FDIC Insured Deposit Program. You are responsible for monitoring the total amount of deposits at UBS Bank USA. For more information about FDIC insurance, please visit the FDIC website at fdic.gov/deposit/deposits.
Please carefully review the UBS Bank USA Core Savings Disclosure Statement available atubs.com/coresavingsdisclosure. UBS Bank USA Core Savings deposits are made through an account at UBS Financial Services Inc. UBS Financial Services Inc., as your agent and custodian will open a deposit account with its affiliate bank, UBS Bank USA. UBS Bank USA Core Savings is not available for certain financial institutions, advisory accounts, and non-resident aliens. Ask your Financial Advisor for more information.
UBS Bank USA Core Savings is not intended for clients who need to have frequent access to their funds. UBS Financial Services Inc. will charge you a fee of $25 for each withdrawal that you make from UBS Bank USA Core Savings in excess of five (5) withdrawals in a calendar month. Applicable fees may reduce your earnings. For these purposes, a withdrawal will be considered to occur on the day on which the funds are actually withdrawn from UBS Bank USA Core Savings, which may not be the same day on which you place an order for the withdrawal with your Financial Advisor. These fees will be posted to your UBS account at UBS Financial Services Inc. the business day following the excess withdrawal. You may incur a withdrawal fee even if the withdrawal is involuntary such as if a withdrawal is made by UBS to meet a margin call.
UBS Bank USA is a subsidiary of UBS Group AG. UBS Bank USA, Member FDIC, NMLS no. 947868.
About UBS Financial Services Inc
The RMA, and Business Services Account BSA are brokerage accounts with UBS Financial Services Inc., a registered broker-dealer, and a member of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). An Explanatory brochure is available upon request or at sipc.org. The RMA and Business Services Account BSA accounts provide access to banking services and products through arrangements with affiliated banks and other third-party banks, and provide access to insurance and annuity products issued by unaffiliated third-party insurance companies through insurance agency subsidiaries of UBS Financial Services Inc.
Investment, insurance, and annuity products: Not FDIC-insured • No bank guarantee • May lose value
UBS Financial Services Inc. is a subsidiary of UBS Group AG, Member FINRA. Member SIPC.
© 2022 UBS. The key symbol UBS, RMA, Resource Management Account and Business Services Account BSA are among the registered and unregistered trademarks of UBS. All rights reserved.
IS2204004, EXP.7/31/23
