Important Notice:
We have updated clause 11 of the Terms & Conditions Governing Accounts & Services (Non-Individual Customers).
Important Notice:
We have updated clause 11 of the Terms & Conditions Governing Accounts & Services (Non-Individual Customers).
The UOB Conveyancing Account is designed to provide law firms with a convenient and comprehensive solution to safeguard their client's conveyancing money in accordance with the regulatory measures for property transactions.
Branch | Address | Collections Hours |
UOB Main Branch | 80 Raffles Place UOB Plaza 1 Singapore 048624 | Mon - Fri: 9.30am - 4pm |
UOB New Bridge Branch | 1 Park Road #01-01/02 Peoples Park Complex Singapore 059108 | Mon - Fri: 9.30am - 4pm |
UOB Anson Branch | 10 Anson Road #01-01 International Plaza Singapore 079903 | Mon - Fri: 9.30am - 4pm |
UOB Toa Payoh Branch | Blk 520 Toa Payoh Lorong 6 #02-51 Singapore 310520 | Mon - Fri: 9.30am - 6pm |
UOB Tampines Branch | 1 Tampines Central 1 #01-01 UOB Tampines Singapore 529539 | Mon - Fri: 9.30am - 4pm |
UOB Cash Management Operations Centre | 396 Alexandra Road #17-00 Alexandra Building Singapore 119954 | Mon - Fri: 10.00am - 5pm |
CO Collection | Day and time of collection | Day and time for pay-out form to be available for download |
---|---|---|
Normal | Collection day | Two working days1 before collection day, before 5pm |
Express | Collection day, after 3.30pm | One working day before collection day, before 5pm |
Same Day2 | Collection day, after 3.30pm | Collection day, before 1pm |
Note 1: 'Working day' refers to weekdays, Mondays to Fridays, excluding public holidays.
Note 2: Same Day collection is only available on weekdays, Mondays to Fridays, excluding public holidays.
Money in the UOB Conveyancing Account will be subject to stringent checks and controls for both pay-in and pay-out transactions which are processed by a dedicated and experienced UOB team.
Track movements of your client’s funds and view daily reports with details of property transactions which may be downloaded or printed from UOB Infinity (digital banking for business) to facilitate reconciliation of your accounts. Find out more
Please note the cut-off time for such MEPS payments: 3.00pm on Mondays to Fridays (working days only). For instructions received after 3.00pm, the MEPS payments will be effected on the following day.
Fees will be applicable on each unique pay-in transaction file reference. For more information on the applicable fees, please contact:
Note: For Foreign Incorporated Companies, Account Setup Fee of minimum S$500 applies.
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Please refer to UOB Insured Deposit Register for a list of UOB accounts / products that are covered under the Scheme.
For more information on the Deposit Insurance Scheme, please click here.
Advisory from the Singapore Police Force
Your bank account should be for your own use and you are responsible for all transactions made through your bank account.
Please click here for the full Advisory from the Singapore Police Force – Warning.