UNITED BULGARIAN BANK API EULA

Please read this License Agreement ("Agreement") carefully before clicking the "I Accept the Terms & Conditions" button.

By clicking the "I Accept the Terms & Conditions" button, you are agreeing to be bound by the terms and conditions of this Agreement to use the APIs in the Sandbox.

If you do not agree to the terms of this Agreement, do not click on the "I Accept the Terms & Conditions" button and do not add the API to the list of APIs your application will access.

1. Definitions

When used in this Agreement with the initial letters capitalized, in addition to the terms defined elsewhere in this Agreement, the following terms have the following meanings:

∙ API means the UNITED BULGARIAN BANK’S (UBB) application programming interface;

∙ Intellectual Property Rights means all patents, copyright and related rights, trademarks, logo, service marks, trade, design rights, business and domain names, rights in trade dress or get-up, rights in goodwill or to sue for passing off, rights in designs, database rights, rights in confidential information (including know-how and trade secrets) and any other intellectual property rights, in each case whether registered or unregistered and including all applications for, and renewals or extensions of, such rights, and all similar or equivalent rights or forms of protection in any part of the world.

∙ Sandbox is the software testing environment that enables the isolated execution of software or programs for independent evaluation, monitoring or testing. 

2. License

UBB grants you a limited,  non-transferable, non-exclusive, as-is, non sub licensable license

to use the API for the sole purpose of developing and testing your applications.

3. Restrictions

You shall not- 

∙ change or delete any copyright, trademark, tradename or other proprietary notices, legends, symbols, or labels appearing on or in the API;

∙ Disclose, share  or divulge any of the API specifications to any third party;

∙ Represent in any way that your application is approved, recommended or endorsed by us;

∙ Disable, or by pass any security protocols or measures or technical limitations of the APIs; 

∙ Modify, decompile, reverse engineer or otherwise alter the APIs;

∙ Participate or engage in any activity which restricts, hinders, impedes, interrupts or harms the API in any way or permits unauthorised access to the API;

∙ Use the API and the content thereon for any purpose other than those expressly permitted by these Terms of Use

UBB reserves the right to modify, suspend or discontinue, temporarily or permanently, the APIs, with or without notice and without liability to you.

4. Intellectual Property

Intellectual Property Rights 

4.1 We retain all Intellectual Property Rights with respect to UBB API’s,  including content and documentation and these may not be copied, transmitted or reproduced without our  prior consent. All Intellectual Property Rights and other rights in connection with the Portal  (including without limitation, information, graphics, software, text, sounds, images, trade marks, service marks, trade names and logos) are vested in us or our licensors.   You agree that you shall not obtain any Intellectual Property Rights, title or interest in the Portal other than in accordance with these Terms of Use.

4.2  You undertake not to do anything which would bring UBB or any of it trademarks, trade names, logos, or branding into disrepute or harm the reputation and goodwill of UBB.

4.3 You acknowledge and agree that we may independently develop or create applications, content or other services or products that may be similar to and/or compete with your applications and nothing in these Terms of Use shall prevent us from exploiting any such commercial opportunities.

5. Term and Termination

This Agreement shall remain in effect until terminated by you or UBB. 

UBB may, in its sole discretion, at any time and for any or no reason, suspend or terminate this Agreement with or without prior notice.

This Agreement will terminate immediately, without prior notice from UBB, in the event that you fail to comply with any provision of this Agreement. You may also terminate this Agreement by deleting the Application on our API.

Upon termination of this Agreement, you shall cease all use of the APIs on the Sandbox.

6. Severability

If any provision of this Agreement is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law and the remaining provisions will continue in full force and effect.

7. Amendments to this Agreement

UBB reserves the right, at its sole discretion, to modify or replace this Agreement at any time. What constitutes a material change will be determined at our sole discretion.

8. Applicable law and jurisdiction

The provisions of the Bulgarian law shall apply to this Agreement. Disputes betwen UBB and you related to, or arising from this Agreement shall, unless settled amicably between UBB and you, be brought for resolution before the competent Bulgarian court in Sofia, Bulgaria.

U-Broker

General Info

U-Broker is an e-platform for trading in financial instruments on the Bulgarian Stock Exchange - Sofia.

In order for us to be your broker at BSE, you need to:

  • Become a client of UBB AD by opening accounts, which will reflect your portfolio's transactions in financial instruments;
  • Register yourself as a user of UBB online banking;
  • Inform yourself of the General Terms and sign an Agreement for the provision of brokerage services, related to transactions in financial instruments.

Advantages

U-Broker advantages:

  • Security - access through a digital certificate, username and password. The security of your transactions is well protected through a client’s certificate or a Qualified Electronic Signature (QES), static and dynamic passwords;
  • Speed – market data refreshment;
  • Convenience - easy access to the orders you have placed for trading in financial instruments and concluded deals;
  • Professionalism - information about all deals, concluded on the BSE;
  • Minimum system requirements.

Terms and Conditions

U-BROKER is an e-platform for trade in financial instruments on the BSE –Sofia.

In order for us to be your broker at BSE, you need to:

  • Become a client of UBB AD by opening accounts, in which your portfolio's transactions in financial instruments will be reflected
  • Register yourself as a user of UBB online banking
  • Inform yourself of the General Terms and sign an Agreement for the provision of brokerage services in financial instruments

In order to submit an order for purchase- sale of financial instruments on BSE –Sofia through U-broker you need to follow the steps below:

1. Choose the account which you would like to operate with. It is in this account that funds will be blocked upon purchase of securities and funds will be transferred upon sale of securities.

2. Deals and offers on BSE– this section provides you with:

  • Information about all traded financial instruments by stating their exchange code, ISIN number, nominal value and currency of issuing, as well as their last traded price. The FRESH button will refresh the information for you.
  • The selection of instruments from the above list, based on your interest, with subsequent clicking on the SELECT button, will result in creating your potential investment portfolio.
  • A click on one of the instruments, selected by you, will show you the currently valid offers, arranged by type – buy, sell with the respective volume of lots and the specific price. The arrangement is descending for “buy” offers and ascending for “sell” offers. The stating of an average “buy” and “sell” price and a total amount of made buy and sell offers will give you the chance to assess investment intentions as of the respective moment.

3. „Order for trade on BSE” – from here you may submit your order, having considered your investment capacities and desires, as follows:

  • By marking whether the order is for purchase or sale
  • By marking the type of order, and namely:

    Limit order – you will state: the highest price acceptable to you for purchase or the lowest price acceptable to you upon sale.

    Market order – the order will be executed at the prices of the BSE offers at the moment of its entering.

    Iceberg order – a limit order valid for the day, characterized with a total volume and a peak volume. At any time only the residual portion of the peak volume is visible in the system.

    - The total volume of an iceberg order is minimum 1 000 (one thousand) pieces of financial instruments.

    - The peak volume is minimum 5 (five) percent of the total iceberg order volume, but not less than 100 (hundred) pieces of the respective financial instrument.

  • By marking the order validity, as follows:

    Good 'Till Cancelled (GTC) – the order is valid till the moment when you cancel it (in case no deal has been concluded).

    Good 'Till Date (GTD) – the order is valid by the date you have specified.

    Good for Day (GD) – valid for one stock exchange trading session
     
  • You have to enter the stock exchange code of the financial instrument, traded by you
  • If the order you submit is a limit one, a price needs to be specified
  • You should always indicate the number of the instruments, traded by you
  • The order confirmation is possible only after cancellation of all items under the Declarations pursuant to Ordinance 38

Our brokers will enter the order, submitted by you, in the BSE trading system, after:

  • Blocking of funds in your account with UBB AD upon a purchase order
  • Checking for securities’ availability upon a sale order.

4. Active orders – orders that have been submitted by you, confirmed by UBB AD and entered for execution in the BSE trading system. These orders may be changed by you, in case they have not yet been executed on the BSE. Upon submitting an Order Cancellation Request your investment order will be removed from the BSE trading system, in case still pending.

5. All orders – the orders, submitted by you over a specified period.

6. Concluded deals – all deals, which conclusion is based on your orders, that is, all executed orders of yours over a specified period.

7. Charts – we provide you with the opportunity to monitor the market trend over a specific period in chart mode.

Or give us a call
0700 117 17
7171
Short number for local calls by Bulgarian mobile network subscribers
+3592 483 1717
For local and international calls
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