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Business Banking > Cash Management Services > Cash Management Services Index

Cash Management Services
Manage your cash flow and liquidity - effectively and efficiently

For any organisation, cash is the lifeblood that keeps the business going. That is why, increasingly, Cash Management has been gaining importance with organisations that view the services as a crucial part of their corporate strategies.

With UOB Cash Management Services (CMS), you can now manage your cash flow and liquidity even more efficiently, ensuring enhanced control over your funds and maximising returns.

What is Cash Management?
Cash Management can generally be defined as the efficient utilisation of cash through coordinated management of payments, collections and cash balances. The objectives are to reduce costs, enhance control and optimise returns.

Traditionally, cash management involved personalised services offered by the bank's staff to the company's treasurer. Transactions were usually initiated by the company's treasurer via mails, telephone calls, faxes or visits to the bank.

With the advent of computer technology, cash management services have been automated to a large extent. Many banks now allow their corporate customers to perform online enquiries and transaction services (payment, collection and liquidity management) through PC or Internet via a web interface. With such a system in place, a company can perform most of the cash management functions themselves without relying on a bank staff to act as the executor of their requests.

What do we offer?

Payment Services
  

Perform bulk payments - Cashier's Order, Cheque, Demand Draft, Inter-Bank GIRO or Telegraphic Transfer - by sending an electronic file of multiple payment instructions to the Bank for batch processing. You can also perform bulk IBG payments via diskettes or enter payments individually via a user-friendly web interface.
Collection Services
  

Perform bulk collections via electronic transmissions or diskettes, and let GIRO collections be processed by the Bank in a convenient and efficient way.

Information Reporting
You can enquire on details of various accounts like Current/Global Currency Accounts, Foreign Currency Fixed Deposit and Singapore Dollar Time Deposit.

Liquidity Management
Liquidity Management lets you achieve maximum returns on excess liquidity and minimise overdraft charges. It comprises of: Account Sweeping Service, which allows actual movement of the debit and credit balances of your various Current Accounts maintained with the Bank for the purpose of computing credit or overdraft interest; and Notional Pooling Service, which only involves notional aggregation of the balances without actual movement of funds.

Deposit Placement
For better returns on surplus funds, you can place SGD Time Deposit and Foreign Currency Fixed Deposit.

Cheque Services
You can check on status of cheques that have been issued and enter stop cheque requests.

Your Benefits
Cash flow management: Provides better management and forecasting of cash flow through a host of services such as electronic file transfer for bulk payments/collections, liquidity management, etc.

Optimised returns: Through the coordinated management of payments, receivables and cash balances, you are able to reduce interest charges and optimise returns on your deposits and investments.

Increased efficiency and productivity: Offers easy and convenient means to perform online banking (such as cheque services and funds transfer), bulk payments and collections, etc. - leaving your staff with more time for other tasks.

Better control: Empowered by UOB CMS, you now enjoy greater control over your transactions, funds placement and the management of your various bank accounts.

Enhanced security: Advanced security features (such as encryption, automated acknowledgments and confirmations, use of tokens, and implementation of approval matrix) are built into our systems to ensure end-to-end security and confidentiality, as well as control over payment processing.

Support: Our dedicated team of product and implementation consultants will provide expertise and support to assist you in the usage of our present services, as well as continually enhance our product offerings to serve your needs even better.

Apply Now
To apply, just contact your Account Relationship Manager. We will be glad to advise you on how to get the system set up for your usage, as well as the charges involved.

If you are already an existing UOB Group customer, you can also apply for Electronic Bulk Payment & Collection Services OR Bulk IBG Payment & Collection via Diskettes Service by downloading the following:

- Registration Form (PDF: 162KB)
- Corporate Resolution (PDF: 85KB)
- Terms & Conditions (PDF: 153KB)
(You need Adobe Acrobat Reader to view these files. To download a copy, click here)

Contact Us
For queries or comments, please:

  • Contact your Account Relationship Manager
  • Call us at (65) 6539 8704
  • Fax to us at (65) 6536 7488
  • Email us
  • Visit us at:

    Transaction Banking
    80 Raffles Place
    #05-00 UOB Plaza 1
    Singapore 048624









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