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asset conversion

Your ultimate asset conversion solution

Your ultimate asset conversion solution

With the UTGL App, you can effortlessly administer all sorts of assets within our secure and user-friendly platform. Our asset conversion functions are designed to provide you with the flexibility and convenience to execute your financial instructions efficiently.

With the UTGL App, you can effortlessly administer all sorts of assets within our secure and user-friendly platform. Our asset conversion functions are designed to provide you with the flexibility and convenience to execute your financial instructions efficiently.

HOW IT WORKS

Global market connectivity at your fingertips

KEY BENEFITS

Experience the UTGL advantages

01

Wide Range of Currencies

Access a variety of foreign currencies, making it easy to handle international transactions and asset conversions.

Convert to a variety of foreign currencies, making it easy to manage international transactions and investments.

02

Security

Your financial information is safe with our robust security measures.

03

Instant Transactions

Instant Transactions

Ensure your investment instructions are executed with institutional-grade speed and security.

04

User-Friendly Interface

Our intuitive platform makes it easy to navigate and complete your exchanges.

Our intuitive platform makes it easy to navigate and complete your conversions.

05

24/7 Access

Facilitate currency conversions and administration 24/7 within your secure trust framework.

COMPARISON

The UTGL trust advantage: Beyond traditional banking

Discover why a Trust Account offers superior benefits for asset administration and asset protection.

Trust Account

Bank Account

Legal Title

Trustee (Trust company)

Bank Account

Confidentiality

High. Trust is a non-disclosure agreement.

Low. It can be accessed by the judiciary.

Autonomy

High. The Trust company will only execute the instructions of the settlor.

Low. Banks have the right to use client deposit for lending. If the bank does not operate well, there will be default risk and personal losses to depositors.

Risk

Risk Isolation. Trust has no right to freeze the assets in clients' trust account. Creditors are unlikely to have right to claim the assets in the trust unless any illegal activity is involved.

No risk isolation. Banks have the right to freeze the account for different specific reasons. Creditors also have the right to claim from it which client cannot achieve risk isolation.

Sustainability

Eternal. In Hongkong, trusts can exist indefinitely, and can thus be used to plan for multiple generations ahead, safeguarding capital and permitting longer-term, more strategic planning.

Non sustainable. If a client has an accident, the bank account will be frozen until it is handed by the executor of the will who applies to the court for probate of the will. After a long process, the executor will determine how to manage the assets in the bank account according to the will.

Privacy

High. Under normal circumstances, only the high court has the right to request access to trust account information and assets. Others, including beneficiaries, have no right to access any information of trust assets.

Low. Account information and assets whereabouts will be queried if there is reason to do so.

Flexibility

High. Trust accounts accept not only cash but also overseas properties, precious metals etc.

Low. Banks mainly accept cash.

Services

Variable. Trust accounts can provide more global services such as offshore accounts, global investments, global payments, global assets transfer etc.

Limited. Bank accounts only provide local bank services. Investment choice is limited to the bank's own products.

Legal Title

Trust

Account

Trustee (Trust company)

Bank

Account

Bank Account

Confidentiality

Trust

Account

High. Trust is a non-disclosure agreement.

Bank

Account

Low. It can be accessed by the judiciary.

Autonomy

Trust

Account

High. The Trust company will only execute the instructions of the settlor.

Bank

Account

Low. Banks have the right to use client deposit for lending. If the bank does not operate well, there will be default risk and personal losses to depositors.

Risk

Trust

Account

Risk Isolation. Trust has no right to freeze the assets in clients' trust account. Creditors are unlikely to have right to claim the assets in the trust unless any illegal activity is involved.

Bank

Account

No risk isolation. Banks have the right to freeze the account for different specific reasons. Creditors also have the right to claim from it which client cannot achieve risk isolation.

Sustainability

Trust

Account

Eternal. In Hongkong, trusts can exist indefinitely, and can thus be used to plan for multiple generations ahead, safeguarding capital and permitting longer-term, more strategic planning.

Bank

Account

Non sustainable. If a client has an accident, the bank account will be frozen until it is handed by the executor of the will who applies to the court for probate of the will. After a long process, the executor will determine how to manage the assets in the bank account according to the will.

Privacy

Trust

Account

High. Under normal circumstances, only the high court has the right to request access to trust account information and assets. Others, including beneficiaries, have no right to access any information of trust assets.

Bank

Account

Low. Account information and assets whereabouts will be queried if there is reason to do so.

Flexibility

Trust

Account

High. Trust accounts accept not only cash but also overseas properties, precious metals etc.

Bank

Account

Low. Banks mainly accept cash.

Services

Trust

Account

Variable. Trust accounts can provide more global services such as offshore accounts, global investments, global payments, global assets transfer etc.

Bank

Account

Limited. Bank accounts only provide local bank services. Investment choice is limited to the bank's own products.

FREQUENTLY ASKED QUESTIONS

Everything you need to know

Can I place asset conversion instructions 24/7?

Yes, the UTGL App provides round-the-clock access, allowing you to place asset conversion instructions anytime, anywhere.

How do I track the status of my asset conversion instructions?

You can track the status of your asset conversion indstructions in real-time through the UTGL APP, providing you with up-to-date informaition on your transactions.

Can I set up automatic asset conversion instructions?

Currently, the UTGL App suuports manual instructions. However, we are continuously working to enhance our features and may introduce automatic asset conversion instructions in the future.

How secure are my assets with UTGL Trust?

At UTGL, earning your trust and ensuring the security of your assets are our utmost priorities. We act as your trustee, holding legal title to the trust fund, with all assets held by licensed financial institutions or top-tier custodians. This structure provides a robust layer of security for your wealth. In accordance with Part (iii) Section 77(2) of the Trustee Ordinance, UTGL places a substantial deposit with the Government’s Department of Accounting Services. Additionally, we voluntarily maintain professional indemnity insurance and full third-party liability insurance for added peace of mind.

What specific legal obligations govern UTGL’s operations?

s2 Recognition of Trusts Ordinance (Cap. 76) states that our clients’ and our trust accounts are governed by the law. s3A Trustee Ordinance (Cap.29) states that the trustee must exercise the care and skill that is reasonable in the circumstances, having regard to any special knowledge or experience that the trustee has or holds out as having and if the trustee is acting in that capacity in the course of business or profession, any special knowledge or experience that is reasonably expected of a person acting in the course of that kind of business or profession. s97 Trustee Ordinance (Cap.29) further provides that employees of a trust corporation shall be personally responsible to the court and subject to the process of the court as if he is appointed as a Trustee personally.

Ready to get started?

Unlock the power of trust with UTGL today. Take the first step by exploring our Trust Platform or create an account for an instantly rewarding experience.

© 2025 UTGL. All rights reserved.

Disclaimer: UTGL is not licensed by the Securities and Futures Commission (SFC) or any other financial regulatory authority in Hong Kong or any other jurisdiction.


The content provided on this website is for informational purposes only and does not constitute, and should not be construed as, an offer, solicitation, or recommendation to buy or sell any securities, financial products, or instruments. The information herein does not constitute investment, legal, tax, or financial advice. You should consult your own professional advisors before making any decisions.


Any references to financial products, investment opportunities, or services involving potential returns pertain exclusively to products and services offered by independent, third-party providers. UTGL does not create, issue, manage, underwrite, or provide any of these third-party products. UTGL acts solely in its capacity as a trustee, executing instructions on behalf of its clients to facilitate access to these third-party services. All counterparty risk, credit risk, and product-specific risks are borne by the client and the respective third-party provider.


This website may contain links to external websites that are not provided or maintained by or in any way affiliated with UTGL. Please note that the UTGL does not guarantee the accuracy, relevance, timeliness or completeness of any information on these external websites.


Links to external websites are provided as a courtesy and do not imply UTGL's endorsement of those sites or their content, products or services. UTGL assumes no liability for damages resulting from the use of or reliance upon the information provided herein.

Ready to get started?

Unlock the power of trust with UTGL today. Take the first step by exploring our Trust Platform or create an account for an instantly rewarding experience.

© 2025 UTGL. All rights reserved.

Disclaimer: UTGL is not licensed by the Securities and Futures Commission (SFC) or any other financial regulatory authority in Hong Kong or any other jurisdiction.


The content provided on this website is for informational purposes only and does not constitute, and should not be construed as, an offer, solicitation, or recommendation to buy or sell any securities, financial products, or instruments. The information herein does not constitute investment, legal, tax, or financial advice. You should consult your own professional advisors before making any decisions.


Any references to financial products, investment opportunities, or services involving potential returns pertain exclusively to products and services offered by independent, third-party providers. UTGL does not create, issue, manage, underwrite, or provide any of these third-party products. UTGL acts solely in its capacity as a trustee, executing instructions on behalf of its clients to facilitate access to these third-party services. All counterparty risk, credit risk, and product-specific risks are borne by the client and the respective third-party provider.


This website may contain links to external websites that are not provided or maintained by or in any way affiliated with UTGL. Please note that the UTGL does not guarantee the accuracy, relevance, timeliness or completeness of any information on these external websites.


Links to external websites are provided as a courtesy and do not imply UTGL's endorsement of those sites or their content, products or services. UTGL assumes no liability for damages resulting from the use of or reliance upon the information provided herein.

Ready to get started?

Unlock the power of trust with UTGL today. Take the first step by exploring our Trust Platform or create an account for an instantly rewarding experience.

© 2025 UTGL. All rights reserved.

Disclaimer: UTGL is not licensed by the Securities and Futures Commission (SFC) or any other financial regulatory authority in Hong Kong or any other jurisdiction.


The content provided on this website is for informational purposes only and does not constitute, and should not be construed as, an offer, solicitation, or recommendation to buy or sell any securities, financial products, or instruments. The information herein does not constitute investment, legal, tax, or financial advice. You should consult your own professional advisors before making any decisions.


Any references to financial products, investment opportunities, or services involving potential returns pertain exclusively to products and services offered by independent, third-party providers. UTGL does not create, issue, manage, underwrite, or provide any of these third-party products. UTGL acts solely in its capacity as a trustee, executing instructions on behalf of its clients to facilitate access to these third-party services. All counterparty risk, credit risk, and product-specific risks are borne by the client and the respective third-party provider.


This website may contain links to external websites that are not provided or maintained by or in any way affiliated with UTGL. Please note that the UTGL does not guarantee the accuracy, relevance, timeliness or completeness of any information on these external websites.


Links to external websites are provided as a courtesy and do not imply UTGL's endorsement of those sites or their content, products or services. UTGL assumes no liability for damages resulting from the use of or reliance upon the information provided herein.