UOB Electronic Bulk Services (EBS) provides you with a secure host-to-host connection to send or receive files/documents between UOB and your company for processing. Transmit high transaction volume payment and collection files to UOB in a speedy manner.
- Secure file transfer
- Supports a wide range of payment and collection types - Inter-bank Giro, Telegraphic Transfer, Demand Draft, Cashier’s Order and Cheque issuance
- Acknowledgement reports, transaction status reports and e-statements will be returned to you using the same channel
- Accuracy: Eliminates the need for manual data entry of individual transactions, thereby reducing errors and increasing efficiency
- Speed: Electronically transmits an entire batch of payment/collection instructions to UOB for processing
- Security: Payment/Collection files are encrypted to ensure server-to-server security and confidentiality. We also enhance control and security of payment processing through automated acknowledgements and confirmations
- Cost Savings: You can reduce manual processes and related expenses, as well as re-allocate staff and resources to focus on core competencies