At UOB we constantly strive to provide you with quality service and effective banking solutions. We are pleased to introduce the latest service enhancement for our Business Internet Banking customers.
With effect from 12 October 2009, BIB customers will be able to view and download return files from UOB Business Internet Banking one working day earlier. Bulk Inter-Bank GIRO payments, collections and payroll return files will all be available one working day after Value Day from 5 pm onwards (Monday-Friday, excluding public holidays).
Effective since 9 March 2009, the cut-off time for submission of Inter-Bank GIRO payment, collection and payroll files via BIB has been extended from 11.00 am to 6.00 pm (Monday-Friday excluding public holidays).
These enhanced features will help businesses achieve a faster turnaround time, with more efficient account reconciliation and day-to-day cash management. More...
Change in Procedures for Certain Banking Transactions In an ongoing effort to combat money laundering and terrorist financing, the Monetary Authority of Singapore (“MAS”) has revised the requirements in MAS Notice 626 on Prevention of Money Laundering and Countering the Financing of Terrorism. The revisions require that we change the procedures for the following banking transactions:-
Account Opening As our customer, you may be required to provide us with your personal details when you open a new account, even if you are an existing customer. You may also be required to provide or verify details when we process your banking transactions or during the Bank’s periodic review of your account(s).
Change in Terms and Conditions
The Bank’s terms and conditions have been amended to expand the scope of the customer’s consent for disclosure to allow the Bank to comply with the law, regulations, guidelines, directives and/or such other requirements of regulatory authorities. Please refer to the applicable amended terms and conditions which can be obtained from www.uob.com.sg or at any of our branches.
