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Business Banking > eServices > Features & Benefits

Features & Benefits
(For Corporate Customers & Motor Traders)

Our COE Open Bidding Service offers you many conveniences, like the ability to view your bid status at anytime during the exercise period and make revisions to your bid as often as you like.

   

Your Benefits

  • Bid for COEs under LTA's Open Bidding scheme.
  • Real-time link to LTA's bidding system.
  • Check Current COE prices.
  • Check COEs available for each category.
  • Check number of bids in each category.
  • Submit one or multiple bids at a go, anytime from 7am - 9.30pm during the exercise period.
  • Enquire on your bid status anytime.
  • Revise bids at any time, as often as you like.
  • Draft your bids before the exercise starts and store them in online folders for easy management (only for Motor Traders).
  • User-friendly and intuitive interface.

Fees and Charges
A one-time bid deposit is required for every new bid submitted. Currently, this bid deposit is set by LTA at S$10,000 for all categories except Category D. LTA has also stipulated a S$2 administration fee for every bid submission/revision made.

Please note that with effect from 1 October 2007, the administration fee will be revised to S$10.

Terms & Conditions for COE Open Bidding Service

 




Copyright © 2007 United Overseas Bank Limited. Company Reg No. 193500026Z. All rights reserved.