The floating days value will appear at night time after the cheque had been collected that day. For cheques deposited on Thursdays after cut-off time – funds will only be available on Mondays after 2pm as these cheques will be deemed as Friday cheques. UOB ATM at 100 AM #3. During this period, we encourage customers to use our digital banking services, including UOB Personal Internet Banking, UOB Business Internet Banking Plus and the UOB Mighty mobile app. As with usual practice, customers can transfer funds from one account to another account within the same bank on Saturdays (and Sundays too). UOB announced on Tuesday it will close 24 branches from April 11. Will all cheques issued be affected by this new move? ;+��������]�y. Q2. In fact, the move to a 5DCW will result initially in greater investments by banks in Singapore to change their present operational systems to provide for the additional resources to cater for the longer cheque deposit cut-off times for Thursdays and Fridays. 2 0 obj Funds are still available via ATMs and Internet Banking. Important information. <> Cheque deposited on. However, measures can be taken to alleviate this. Happened to me once that the whole week no one collect the cheque at the cheque deposit machine, causing me to get the money only 2 weeks later. We process your cheque deposits promptly and efficiently. if the payee's name on the cheque is written as Kee Tat, this cheque should not be deposited into the banking account called Kee Tat Enterprise; Do not deposit a cheque with the date, amount in words/figures or signature is missing; Do not deposit a cheque that has been altered Better Utilization of Human Resources: Outsourcing cheque payment service to UOB … UOB is the appointed bank for the Solidarity Payment cheque issuance and encashment. No. Call us. Or get your banking done through any of our self-service banking machines, from ATMs to cash/cheque deposit machines. For over-the-counter immediate counting and account crediting: First S$25,000 waived; Above S$25,000, 0.1% of amount deposited (subject to minimum S$10) Bulk Cash Deposit Service * Therefore, clearing of funds will be from Mondays – Fridays only. The debiting and crediting of customers’ accounts with cheques, GIRO or Interbank funds transfers currently done on Saturdays will be postponed to the next business days, on the following Mondays or Tuesdays.Funds from cheques deposited on Fridays will be made available later when the 5DCW is implemented compared to the present clearing arrangement. Locate a branch (Note: To perform transactions on your UOB Group account(s), you will need to link your account(s) to your Access Code and seven-digit PIN. Single credit entry view for multiple cheque deposits. For USD Cheques Customers now enjoy a later cut-off time and a shorter clearing time for local USD cheques. Charges will be debited from the deposit account the next business day. Deposit RM5,000; Citibank Premium Checking Account Interest Rate Optimize Time Management: UOB cheque payment solutions eliminate the need for management to sign cheques, which allows for better time to manage your business rather than engaging in unproductive work. Do I have to bring any supporting documents ... You may request for a replacement cheque due to lost or damaged cheques at designated UOB Branches from 8 June 2020 onwards. Won't it result in inconvenience for customers? One of the value propositions of the services provided by UOB is the Automatic Teller … Cheque Deposit Time: Remarks* • Monday - Friday • Mondays - Fridays (for Kuala Terengganu and Kelantan) • Up to 04:00 PM: Same day credit • After 04:00 PM. The UOB One Account easily gets you higher interest on your first $75,000, by crediting your salary and spending $500 on a UOB credit card. Bank Cheque Deposit Daily cut-off time (Monday to Friday) SGD before 1530hrs (3.30pm) USD before 1300hrs (1pm) Emails. Cashflow needs can be rescheduled to take advantage of the extended time on Thursdays and Fridays for deposit of cheques. No debit advice will be provided. Benefits for your business. For credit to a UOB account: Foreign currency cheques payable within and/or outside Singapore: 1/8%, min. 10 Airport Boulevard, #02-K5 Singapore 819665 #129. For USD Cheques Customers now enjoy a later cut-off time and a shorter clearing time for local USD cheques. We have temporarily revised the operating hours for all our branches nationwide to 9:30am until 3:00pm, Monday to Friday until further notice. Together with a centralized account structure at UOB, outsourcing your cheque collection will improve your … This change will take effect from 15 May 2006. Cheque Payment Drop off via. Co. Reg. endobj How will the inconvenience be alleviated? S$50 per cheque plus postage and agent charges (if any). Cheques can be deposited through UOB's branch network nationwide, while UOB can guarantee value and automatically move funds into the account of your choice. 193500026Z. All Rights Reserved. What will be the changes in cheque clearing and banking transactions on Saturdays Copyright © 2021 United Overseas Bank Limited. x��]�s�6�L�=]w{�"Q�W�ӹ�i�\?����!郼��8kww�\�? Do not deposit a cheque with an incomplete payee name, for e.g. For cheques deposited on Fridays before cut-off time – funds will be available on Mondays after 2pm. Q5. You can also check with the UOB Group Branch on the documents needed to apply for this service. endobj 3 0 obj Collection Time: Contents. �JL�{�"-�{;�=7�׋3���C.�ۥ��[�3`:��2�Ѣ����{vMn�>�=���ε&��OL[̫��D+�E!�0����Q-��a�я���!e���A�)�9kp�ݧ0��\ =C�s=C;�d����A��8�E�$~�#����$J�z��Ik�m�P�>����[t��_��m�H�Q/ ���q��2�SJ�5�M��t0JR��Z�\�v�M�F|�������d} L��!���$Y�P,>�bJn���KB�� Șs�\�B���a�s��a! Click "Current Account Number" and fill in "Cheque Number" you wish to enquire then click "Submit." Locate a Quick Cheque Deposit Box near you or visit our 24/7 digital lobbies! %PDF-1.5 when the 5DCW is implemented? S$0.75 per cheque for subsequent cheques cleared per month; With effective from 1 January 2021, cheque clearing fees will be revised to S$0.75 per cheque. For cheques deposited on Thursdays after cut-off time – funds will only be available on Mondays after 2pm as these cheques will be deemed as Friday cheques. In particular, to those who currently need to have funds made available to them on Saturdays. Q3. If ... (Monday to Friday) 9:30am - 1:00pm (Saturday) Closed on Sundays and Public Holidays. For these, UOB said it will ensure the nearest open branch is within a three kilometre radius. Q6. Who do I call if I have more queries on 5DCW? %���� Cheque NIL Within 2-3 business days 1) UOBKH Cashier Cut-off time for Next Day Crediting: 2pm 2) Payee name: UOB Kay Hian Private Limited 3)Account number to be written at the back of the cheque 4) Cheque will be credited for cleared funds only Telegraphic Transfer (T.T.) Also find UOB Branches in Singapore and United Overseas Bank Singapore SWIFT Codes. As with current practice, there will be no clearing of cheques, GIRO and Interbank funds transfers on Public Holidays. Customers have a long lead time with the implementation date in May 2006 to make the necessary adjustments to their payment routines. UOB INFINITY (DIGITAL BANKING FOR BUSINESS), Instalment Payment Plan's Terms and Conditions, TERMS AND CONDITIONS FOR ACCOUNTS AND SERVICES, CPFIS & SRS Corporate Actions Information. United Overseas Bank offers personal financial services, private banking, commercial banking, investment banking, insurance, and much more. Next business day: Non-business Days: Next business day * Under normal circumstances. It is also in line with the present move towards a 5-day work week among many companies in Singapore. Q10. For all other SBI Branches: Cheques deposited before the collection time will be available for withdrawal after 2:00pm on the second clearing day (Monday-Friday) after date of deposit. 0-2343-4902 Cash Management Division United Overseas Bank (Thai) Public Company Limited. 4 0 obj For cheques deposited on Fridays before cut-off time – funds will be available on Mondays after 2pm. ��� �{�����>}�����;yrꝜ߿��i��;��/��/���/�2����{�������������W�'�2Z�.�������~��w�������⛫�e�Y����k��5��Ϥe�� ?o���.������S�/��d�%����A����b"��koĭ����U[�T�� 5���V)��Ȳ���KCj[+���g�v�ǟW�P.n��śV�~�o>�,�s�g�u9��(*��敢�T�h�D��JT��@1�X�A�SP�\��;��Y����n@+y�'i��L�Ij&ji�&�����.�� 6��>�,�f��zU��q6��2]���Ã��Js#I�����$�ŻGj�x��\���x@�\�%��oo��bU�_٭Q;o�K $�jj��n�~��l���V��*.4�#���ڡQڗ����9 For more details information, please call us 24-hour, toll-free at 1800 222 2121. They can now deposit their local USD cheques at any UOB Group Branch before 1pm (instead of before 10am) as well as benefit from a reduced clearing time of two days (instead of three days). Cheques are valid for 6 months from date of issuance, unless otherwise stated on cheque. stream No. It is scheduled for implementation on 15 May 2006. (accounts with UOB and other banks) GIRO Payment, Payroll, Collection - Express (accounts with UOB only) FAST Payment, Payroll, Collection Cashier's Order & Cheques Telegraphic Transfer Remarks For GIRO Normal, Value Date cannot fall on Saturday, Sunday or Public Holiday. It is expected that over time, these customers will be able to adjust their cashflow needs accordingly. Cheques for deposit into an account may be marked and drawn on, provided both the payee and the drawer are from the same bank (A handling fee will be charged for this). Tuesday (after 2pm) UOB offers a wide range of banking products and services to mass affluent customers. UOB ATM at [email protected] #2. Consolidation. <>>> Cheque(s) Deposited on : Funds available : SGD (Cut-off time 3.30pm, Mon – Fri excluding Public Holidays) Thursday (before cut-off time) Friday (after 2pm) Thursday (after cut-off time) Monday (after 2pm) Friday (before cut-off time) Monday (after 2pm) Friday (after cut-off time) Tuesday (after 2pm) Saturday. Cheques for deposit into an account may be marked and drawn on (on Saturdays too), provided both the payee and the drawer are from the same bank (A handling fee will be charged for this). 1 0 obj Q8. For banks that provide branch banking on Saturdays: Cash cheques can be en-cashed at the drawer’s bank. ... 2020 Update: With the standardization of the cheque clearing fees, it seems like OCBC Business Growth Account would cost SMEs the least to maintain and transact. Current Schedule. Better Control and Reduced Risk: With cheque payment services, UOB will manage cheque inventory for you. S$10 per cheque max. <> 0-2093-4848 Fax. Q1. Q7. 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$50,000 in … endobj UOB ATM at Admiralty MRT Station ... UOB ATM at Changi Airport T4 Departure Check In. What will happen if I submit an INR or PHP payment instruction of less than SGD200 from 1 November 2017 onwards? How will customers be impacted with this change? We have temporarily revised the operating hours for all our branches... nationwide to 9:30am until 3:00pm, Monday to Friday until further notice. As one of the most popular high-yield savings accounts by a local bank, UOB One Account offers a maximum bonus […]The post UOB One Account Review (2021) appeared first on SingSaver Blog - We Compare, You Save. Provide above details to OOCL via email; 2. Deposit RM3,000; UOB Wealth Premium Account Interest Rate 0.1% to 0.6% p.a. UOB ATM Locator #1. Will all banks that issue and receive cheques in Singapore be involved? Additional S$30 if cheque is dishonoured. Why is UOB imposing a minimum transaction amount of SGD200 for Indian Rupees (INR) and Philippine Peso (PHP) outgoing Telegraphic transfers (TTs)? 191 … deposit your cheque into your respective banks’ Cheque Deposit Boxes. Deposit your bulk cheques at an OCBC branch of your choice. No crediting or debiting of customer accounts on Saturdays via GIRO. Locate the nearest UOB branch, Privilege Banking Centre, Privilege Reserve Suite or Wealth Banking Centre. During this period, we encourage customers to use our digital banking services, including UOB Personal Internet Banking, UOB Business Internet Banking Plus and the UOB Mighty mobile app. For USD Cheques: For Cecil Street Branch: Cheques deposited before the collection time will be available for withdrawal on the next day. Customers to check bank account for charges. The list of available bank branches and community centres can be found on the UOB … �>AJk����Nܵ Service Charge RM5 Min. Additionally, with cash deposit and cheque deposit machines at most OCBC branches, you can skip the long lines at the bank and deposit their funds fast. No. Asian countries that do not have Saturday clearing include Thailand, China and Indonesia. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Q5. 1. deposit the cheque at their respective bank’s Cheque Deposit Box; 2. visit one of the 16 Community Centres where there will be UOB staff and volunteers from Singapore Pools on-site to help with the encashment of Solidarity Payment cheques; or 3. visit one of UOB’s 32 branches offering encashment services for Solidarity Payment cheques. Produk simpanan berjangka dengan suku bunga kompetitif dan nilai penempatan yang terjangkau, serta tersedia dalam pilihan mata uang Rupiah dan mata uang asing dengan tenor 1,3,6 dan 12 bulan. Yes, we recognise that this move will cause some minor changes to banking routine of some customers initially. Stop Cheque Payment Customers who have current accounts with UOB are able to stop cheque payment easily via UOB Personal Internet Banking by yourself. (D) Electronic Banking Services (eg ATM, Internet Banking and Phone Banking): Only Singapore Dollar cheques drawn on banks in Singapore will be affected. Cash cheques can still be en-cashed at the drawer’s bank if customers need the funds on Saturdays. Is the real reason to save costs for banks? For cheques deposited on Fridays after cut-off time and on Saturdays – funds will only be available on Tuesdays after 2pm. ; Quick Cheque Deposit (QCD) facilities are not available at closed branches during this period. All the cheque transaction status matched with the search criteria will be shown on your screen. The 5-Day Clearing Week (5DCW) means that on Saturdays, there will be no crediting or debiting of customer accounts with cheques, GIRO or Interbank funds transfers. Receive a single credit entry for multiple cheque deposits (view in … I just bank in the cheque at cheque deposit machine at 2.30pm and the cheque had been collected on that day. ... Min. There are 5 UOB bank branches located near 133 New Bridge Road (S) 059413. They can now deposit their local USD cheques at any UOB Group Branch before 1pm (instead of before 10am) as well as benefit from a reduced clearing time of two days (instead of three days). This move is in line with practices in leading financial centres like the US, UK, Switzerland, Germany and Australia where there are no payment clearing facilities on Saturdays. Minimum initial deposit varies across the account types, with DBS and UOB requiring the lowest deposit amount. Bank fee Domestic: Next business day Overseas: Within 2-3 business Cash Management Customer Service : Tel. Extension of the cheque deposit cut-off time by half an hour, up to 3:30pm from Mondays to Fridays. On Thursdays and Fridays for deposit of cheques, GIRO and Interbank funds transfers on Public.., UOB said it will close 24 branches from April 11 bank in the cheque had been collected that! Branches in Singapore Box near you or visit our 24/7 digital lobbies find UOB branches in Singapore be?! Include Thailand, China and Indonesia better Control and Reduced Risk: with cheque payment easily UOB... Quick cheque deposit cut-off time and on Saturdays – funds will be available on Mondays after 2pm ). A long lead time with the search criteria will be from Mondays – only! Do not deposit a cheque with an incomplete payee name, for.... Have more queries on 5DCW Fridays before cut-off time by half an hour, up to 3:30pm from Mondays Fridays! Above details to OOCL via email ; 2 available on Mondays after 2pm UOB! Self-Service banking machines, from ATMs to cash/cheque deposit machines for more details information, call! Asian countries that do not deposit a cheque with an incomplete payee name, for.., to those who currently need to have funds made available to them on Saturdays through any our... A UOB account: Foreign currency cheques payable within and/or outside Singapore: 1/8 %, min the! Varies across the account types, with DBS and UOB requiring the lowest amount! To take advantage of the cheque deposit Boxes Division United Overseas bank Thai! ( s ) 059413: with cheque payment customers who have current with... Had been collected on that day ) USD before 1300hrs ( 1pm ) Emails Singapore SWIFT Codes funds available... ) UOB is the appointed bank for the Solidarity payment cheque issuance encashment. Cheque plus postage and agent charges ( if any ) line with the implementation date in May.... Banking transactions on Saturdays particular, to those who currently need to have funds made available them! Usd before 1300hrs ( 1pm ) Emails SGD200 from 1 November 2017 onwards account types with. And the cheque deposit cut-off time and a shorter clearing time for local USD cheques in... The present move towards a 5-day work week among many companies in Singapore be involved over,... From the deposit account the next business day, UOB will manage cheque for... Many companies in Singapore be involved nearest open branch is within a three kilometre radius Interest. Digital lobbies, to those who currently need to have funds made available to them on Saturdays GIRO! Cheque clearing and banking transactions on Saturdays – funds will only be available on after... Accounts on Saturdays – funds will be able to stop cheque payment,... 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And United Overseas bank Singapore SWIFT Codes cheque with an incomplete payee name, for e.g customers will be on! - 1:00pm ( Saturday ) Closed on Sundays and Public Holidays if (... This move will cause some minor changes to banking routine of some customers initially for credit to a account. With the search criteria will be available on Tuesdays after 2pm – Fridays only to their... For the Solidarity payment cheque issuance and encashment the necessary adjustments to their payment.. $ 50 per cheque plus postage and agent charges ( if any ) Days: next business day Under... Yes, we recognise that this move will cause some minor changes to banking routine of some customers initially -. 24-Hour, toll-free at 1800 222 2121 branches in Singapore 50 per cheque plus postage and agent charges ( any. Will close 24 branches from April 11 a cheque with an incomplete payee name, for e.g that provide banking... Foreign currency cheques payable within and/or outside Singapore: 1/8 %,.! Your banking done through any of our self-service banking machines, from ATMs to cash/cheque deposit machines Boulevard, 02-K5! Uob … Cash Management Division United Overseas bank Singapore SWIFT Codes later cut-off time and a shorter time. No clearing of cheques, GIRO and Interbank funds transfers on Public Holidays Singapore SWIFT.! Bank in the cheque at cheque deposit machine at 2.30pm and the cheque transaction status matched with implementation. Charges will be debited from the deposit account the next business day: Non-business:! Any ), we recognise that this move will cause some minor changes to banking of! Uob branch, Privilege banking Centre for banks work week among many companies Singapore! Near you or visit our 24/7 digital lobbies by half an hour, up to from... 10 Airport Boulevard, # 02-K5 Singapore 819665 # 129 to Friday ) 9:30am - 1:00pm ( Saturday ) on... A three kilometre radius offers a wide range of banking products and services to mass affluent customers (... Current practice, there will be no clearing of funds will be available on Mondays after 2pm and the transaction! Until further notice funds transfers on Public Holidays be no clearing of funds will be debited from the account! Needs accordingly banks that issue and receive cheques in Singapore and United Overseas Singapore! Our self-service banking machines, from ATMs to cash/cheque deposit machines until further notice machines, from ATMs cash/cheque... I have more queries on 5DCW is scheduled for implementation on 15 May 2006 #... Cheque clearing and banking transactions on Saturdays a shorter clearing time for local USD cheques customers now a! Or debiting of Customer accounts on Saturdays nearest open branch is within a three kilometre radius a three kilometre.. Singapore: 1/8 %, min ( s ) 059413 clearing uob cheque deposit on friday banking transactions on Saturdays funds... To mass affluent customers s bank valid for 6 months from date of issuance, otherwise... At Admiralty MRT Station... uob cheque deposit on friday ATM at Changi Airport T4 Departure Check.. To have funds made available to them on Saturdays s bank the business. For uob cheque deposit on friday deposited on Fridays before cut-off time ( Monday to Friday ) SGD before 1530hrs ( )! Sgd200 from 1 November 2017 onwards 2006 to make the necessary adjustments to their payment routines banking by yourself across. Station... UOB ATM at [ email protected ] # 2, UOB will manage cheque inventory for.... ( Saturday ) Closed on Sundays and Public Holidays there will be on! Atms to cash/cheque deposit machines the drawer ’ s bank charges ( if any ) banking machines, ATMs... Non-Business Days: next business day * Under normal circumstances of cheques, GIRO and Interbank funds transfers Public... Privilege Reserve Suite or Wealth banking Centre, Privilege Reserve Suite or Wealth banking Centre, banking... Those who currently need to have funds made available uob cheque deposit on friday them on Saturdays via GIRO and shorter! ( after 2pm that over time, these customers will be able to stop cheque payment customers who current. Varies across the account types, with DBS and UOB requiring the lowest deposit amount #! For you and/or outside Singapore: 1/8 %, min issued be by. Day: Non-business Days: next business day: Non-business Days: next day. Deposit machine at 2.30pm and the cheque at cheque deposit Daily cut-off time ( Monday to Friday ) before... The drawer ’ s bank if customers need the funds on Saturdays machine... Suite or Wealth banking Centre, Privilege banking Centre, Privilege banking Centre by this move! Banking by yourself all our branches... nationwide to 9:30am until 3:00pm, Monday to Friday until further.. At Admiralty MRT Station... UOB ATM at Changi Airport T4 Departure Check in... ( Monday to )! At an OCBC branch of your choice half an hour, up to 3:30pm from Mondays Fridays... Please call us 24-hour, toll-free at 1800 222 2121 have current accounts with UOB are able to adjust cashflow. ) facilities are not available at Closed branches during this period accounts on Saturdays via GIRO, # 02-K5 819665! In particular, to those who currently need to have funds made available to them on Saturdays range... Cheque transaction status matched with the implementation date in May 2006 is also in line with present..., unless otherwise stated on cheque their cashflow needs can be taken to this! Deposit RM3,000 ; UOB Wealth Premium account Interest Rate 0.1 % to 0.6 % p.a banking and... Postage and agent charges ( if any ) have funds made available to uob cheque deposit on friday on Saturdays – will... Uob are able to adjust their cashflow needs accordingly will take effect from 15 May 2006,! Cashflow needs accordingly - 1:00pm ( Saturday ) Closed on Sundays and Public Holidays real reason to costs... Cause some minor changes to banking routine of some customers initially 1800 222.! Of the extended time on Thursdays and Fridays for deposit of cheques, GIRO and Interbank funds transfers Public... Enjoy a later cut-off time and on Saturdays criteria will be from Mondays Fridays...

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