Payment And Collection Services

  • payment collection payment collection

    Payment and collection made easy for your business

Payment And Collection Services

SMEs need to evaluate the various collection and payment modes available.

 

Services

Managing and Monitoring Transactions

Keep track of your business finances with ease.

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Making and Receiving Payments

Manage your cash flow in a cost-efficient way.

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eAlert! services

  • Receive SMS and/or email notification of your business cash flow and trade transactions
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Business Internet Banking Plus

  • Easy access to a suite of cashflow management and trade services anytime, anywhere.
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Fund Transfers in Singapore Dollar

  • FAST - Allows you to transfer funds in Singapore almost immediately to another participating bank
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Telegraphic Transfer

  • A secure solution for overseas payment and fund transfer in foreign currencies
  • Preferential FX rates+ are available on BIBPlus or via our FX hotline (6709 8088)
  • Extended cut-off time for transfers made via BIBPlus


Cashier's Order and Demand Draft

  • Purchase Cashier's Order in Singapore Dollar or a foreign currency Demand Draft via BIBPlus or any UOB branch
  • Option to request the Bank to mail the Cashier's Order or Demand Draft to your beneficiaries or collect from any UOB branch of your choice


Bulk Payment Services

  • Bulk Payment (for supplier and vendor payments via GIRO, Cashier's Order or Cheque)
  • Bulk Payroll (for salary crediting via GIRO)
  • GIRO with Beneficiary Advice (notify your suppliers of successful payments made to them via email)


Business Debit Card and Credit Card


Bulk Collection

  • With UOB Direct Debit, you can collect payment due to you by doing a direct debit from your customers' bank accounts via an Interbank GIRO collection arrangement


UOB eNETS

  • A solution offered via NETS platform that allows your customers to make internet banking payments to you
  • Funds will be credited to your UOB account by the next business day

Fees

For the full list of fees, please click here.

Cash In, Cash Out

cash in cash out

Strong operating cash flow is essential to good business performance

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How to Apply

Request for Callback

Leave us your contact details so that we may reach out to you

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Visit a UOB Branch

+ Preferential FX rate is applicable only for FX contracts amounts equivalent to S$20,000 and above, enquired via eFX platform or via our FX hotline.