MiFID at ING

Terms of business

When we provide you with services covered by MiFID, our ING Wholesale Banking Terms of Business apply. These legally-binding terms set out the basis upon which we provide our services to you and describe your rights and obligations as a client.

The MiFID terms of business cover areas such as instructions; execution and settlement of transactions; conflicts of interest and inducements; electronic dealing; holding of financial instruments on your behalf; and reporting to you.

All MiFID services offered by ING Wholesale Banking are governed by the Terms of Business of the country in which the services are offered, regardless of where you are resident or where the transaction is booked.

 

For example:

  • A¬†resident in Country A conducting ING Wholesale Banking business with an ING branch in that country is governed by the ING Wholesale Banking Terms of Business for Country A.
  • A client resident in Country B who conducts ING Wholesale Banking business with the ING branch in Country A is also subject to the ING Wholesale Banking Terms of Business for Country A, even if his transaction is booked in a third country.