Prime Rate update (US$)
The prime rate (US$) for The Bank of Tokyo-Mitsubishi UFJ, Ltd., is currently 3.50%. (Effective as of December 17, 2015)
The prime rate is the rate of interest set by The Bank of Tokyo-Mitsubishi UFJ, Ltd. from time to time as its prime commercial lending rate for extensions of credit in U.S. Dollars. Each change in the prime rate shall be effective from and including the date such change is publicly announced as being effective. The prime rate is used as a basis to set interest rates on different types of bank loans and lines of credit. The Bank of Tokyo-Mitsubishi UFJ, Ltd. may price loans to its customers at, above, or below the prime rate. The prime rate is not intended to be the lowest rate of interest charged by The Bank of Tokyo-Mitsubishi UFJ, Ltd. in connection with extensions of credit to debtors.