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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 to 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 where it will be found the following:

(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.

Documentation
Please find attached the document that have been prepared by BBVA to provide you with information on the FX Code of Conduct: