Receivables Management

Corporate Banking
Cash Management

UOB provides a comprehensive suite of collection solutions to help improve your cash flow and working capital. Apart from our extensive branch network, we provide a large number of cash and cheque deposit machines nationwide to facilitate physical collection. Alternatively, customers can initiate electronic collections via UOB Business Internet Banking and UOB Electronic Bulk Services.

UOB Collection Solutions help your business expedite funds availability, ease account reconciliation and reduce administrative costs of handling cheque deposits.

UOB Direct Debit
- Collect payments from your customers by directly debiting their bank accounts maintained with any GIRO-participating bank in Singapore. This service reduces manual processing for your business, freeing up resources to focus on your company’s core competencies.
UOB Corporate Deposit Card
- The UOB Corporate Deposit Card is a deposit-only card that lets you or your employees deposit cash throughout the day at UOB self-service machines.
  Each card is linked to a designated account and assigned with a deposit reference of your choice so you can easily track and reconcile your deposits online, simplifying the receivables management process. Find out more.
UOB eNETS
- UOB eNETS is a receivables solution offered via the NETS (Network for Electronic Transfers (S) Pte Ltd) platform that allows your customers to make internet banking payments to you conveniently and securely. The funds will be credited to your UOB account the next business day.
UOB Lockbox
- Outsource receipts of high volume consumer cheques to UOB. All cheques received at the post box will be retrieved and sent to us daily for processing. Our end-to-end service includes mail-opening, data capture, reports and provision of cheque image files.
Cheque Deposit Solutions
- Cheque Deposit File Service
  A unique solution to ease your account reconciliation process
- Cheque Image Service
  Receive electronic images of the cheques deposited by your customers via UOB File Transfer Service to enhance your receivables management
- Cheque Number Reference Service
  A simple solution to provide you with cheque reference details to ease your account reconciliation
Other UOB Receivables Management Solutions
- Inward Telegraphic Transfers
  Speed up receipt of funds from overseas, please read our FAQ (Inward Remittances).
- Inter-Account and Interbank Payments
  A convenient and economical way to receive payments locally. Your customers can pay you via Inter-account funds transfer if they maintain accounts with UOB, or they can pay via Interbank GIRO or FAST for immediate credit to your account. Find out more New!
- Credit Card Acquiring
  Use credit cards as a form of collection
- Bill Payment
  Allows customers with UOB accounts to make payment to your business via UOB Business Internet Banking
- Foreign Cheque Collections
  UOB will help your business forward overseas cheques to foreign banks for the collection of proceeds

More Information

Contact Us

Contact your Relationship Manager
Call us at +65 6539 8704
Contact Us

For transaction enquiries:

Call General / Inward Remittances at +65 6892 1111
Call Foreign Cheque Collections at +65 6850 8676

Receivables Management

More Information

Contact Us

Useful Information