FX Code of Conduct

BBVA is committed to the highest standards of ethical and professional conduct in the foreign exchange market. In order to provide our clients with an adequate level of disclosure regarding our business practices we encourage all to review in detail the documentation provided under this section. The following will be found:

(i) the main ways and communication channels under which our clients may engage in FX derivatives and FX spot transactions through or with BBVA, and

(ii) the relevant practices and procedures applied by BBVA when dealing in such FX transactions, as well as some other significant information.