UOB Direct Debit

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    Take greater control of your receivables

Overview

UOB Direct Debit is a timely and flexible collection arrangement that helps you take greater control of your receivables. It debits your customers’ accounts directly with any participating banks in Singapore and enables you to collect payments electronically.

  • Direct debit instructions can be submitted via UOB Business Internet Banking Plus (BIBPlus) or Host-to-Host connectivity.
  • Upon receiving your instructions, the Bank will debit your customers’ accounts on the date specified by you, and your account will be credited on the next business day

Benefits

Improve cash flow management

Improve cash flow management

With greater control over payment dates, payment amounts and billing cycles, you can be assured of timely payment, thus improving cash flow

Strengthen relationships with your customers

Strengthen relationships with your customers

Provide your customers with a hassle-free, paperless and cashless payment alternative

Save time and effort

Save time and effort


Reduce administrative and manual processes involved with cheque and cash collection

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Enjoy peace of mind


Payments are collected promptly and securely electronically

Reconcile your accounts receivables with ease

Reconcile your accounts receivables with ease

Detailed reports on successful and rejected collections are available for your reconciliation.

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Call us at 1800 226 6121

(Mondays to Fridays, 9.00am to 6.30pm, excluding public holidays)

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