I am an existing SMS-OTP user. If the issuer's account goes into an overdraft, an additional minimum overdraft interest fee of S$20 will be charged. Cheque Express; Cheque Express. Is there a specific mobile service provider that I need to register with before I can use UniAlerts? S$50 per cheque plus postage and agent charges (if any). FEES & CHARGES; FORM DOWNLOADS; FILING A COMPLAINT; Customer Satisfaction Index (CSI) Survey Report for 2017 ; Need help. 150 Standing Instruction … Customers to check bank account for charges. Where do I get the application form if I need to apply for an Outward TT? A S$7.50 minimum balance fee will be charged if your average daily balance for the month is below S$3,000 First 2 chequebooks are free upon account opening. CALL US AT 03 - 26128 121; VISIT ANY UOB BRANCH; Back to Main Borrow. How can I perform a stop payment of a cheque? Why am I not able to see this USD5 fee in the credit advice? Select from All banks. RM0.50: Half-Yearly Service Charge • Borrowing Account with average bal < RM1, 000 . What types of alert services can I register for if I am a UOB Supplementary Cardmember or if I am a UOB Debit Cardmember? Headquartered in Singapore, UOBKH is backed by UOB Group and operates a wide network of over 80 branches across the world. Copyright © 2021 United Overseas Bank Limited. When will I receive my debit advice for outgoing TT? Any changes to the fees and charges as well as other terms and conditions of the products and services shall be communicated to the customers with sufficient notice. Can I present the IRD if it has been torn inadvertently (for instance, if I tore it accidentally while trying to detach the IRD along the perforated line)? ATM / Branch Locator. Why is this so and how can I avoid such situations? Why is UOB imposing a minimum transaction amount of SGD200 for Indian Rupees (INR) and Philippine Peso (PHP) outgoing Telegraphic transfers (TTs)? Intelligent Retail Loan; Intelligent Home Loan; Flexi Mortgage; Back to Borrow GetBanker. There is a handling fee of S$40 for every returned cheque, and S$30 for each stop cheque payment instruction. Who are the NOSTRO agents used by UOB Singapore? What is the cause for that? What are the payment instructions for Inward Telegraphic Transfer? This is only applicable to accounts maintained with UOB in the Hong Kong Special Administrative Region (HKSAR). Accounts that offer cheque books, such as the UOB One Account, may leverage a fee for cheque books. This account requires an initial deposit of S$1,000. RM16.00 for 1st 3 books RM5.00 for each additional cheque book thereafter • Other overseas destinations. What are the benefits of the IRD over the usual return cheque process? Can I still deposit local USD cheques into my SGD accounts? 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. S$100) per cheque. UOB Current Account/Current Account-i . Do I still need to inform the remitter to change the agent bank for UOB Singapore to Bank of New York? ($10 per cheque/cheque range) Call Contact Centre at 1800 222 2121 or +65 6222 2121 ((if you are calling from overseas) ($30 per cheque/cheque range); Visit any UOB Singapore branch ($30 per cheque/ cheque range) If I present an IRD and it is returned, will I get back the same IRD again? Thereafter, S$10 per chequebook (50 leaves) For a list of fees applicable, please click here I feel more comfortable holding a physical cheque instead of the IRD. Fees: Amount / Rate: Stamp Duty on Cheque Book (per leaf) RM0.15: Cheque Processing Fee (Effective 2nd January 2015) RM0.50 : Stamp Duty on Cheque Book (per leaf) RM0.15: Half-Yearly Service Charge • Borrowing Account with average bal < RM1, 000 . Can I exchange the IRD for a physical cheque? Can I terminate my GIRO arrangement via Personal Internet Banking? My company is applying for an outward TT. Any changes to the fees and charges as well as other terms and conditions … Service Charge RM15 Min. All Rights Reserved. Charges will be debited from the deposit account the next business day. Cheque Express is a service to issue cheques and deliver them directly to your beneficiaries or allow for pick-up at UOB's counter. When will I receive my credit advice for incoming TT? What investments do UTRADE offer? In-branch application. For amendments, can my boss sign on the amendment form? Features; Benefits; How to contact; Features. Co. Reg. What will happen if I submit an INR or PHP payment instruction of less than SGD200 from 1 November 2017 onwards? Q17. ². UOB business cards You can trade the following investments through UTRADE: … Cheque Express − Commission (exclude postage) − Additional Advice PayNow − Outward PayNow lookup [7] − Inward PayNow [8] Fees imposed by Agent Banks and Overseas Banks are not reflected above. Fees: Trade Services Fees: Rates: Foreign Exchange Rates . I feel more comfortable holding a physical cheque instead of the IRD. Courier charges/postages for cheque book delivery • To West Malaysia . Via Personal Internet Banking. Alliance Hybrid Account Interest Rate 0.15% to 1.15% p.a. Benefits. Benefits. For credit to a UOB account: Foreign currency cheques payable within and/or outside Singapore: 1/8%, min. UOB INFINITY (DIGITAL BANKING FOR BUSINESS), UOB's Approach to Correspondent Banking AML Compliance, FX, Interest Rates & Commodities Forecast, S$35 if the average daily balance for the month falls below S$10,000, Account Closure Fee for account closed within 6 months of account opening, Incidental Overdraft Charge (per month) for deposit accounts without credit limit, Minimum Balance Fee (per month) if Average Daily Balance falls below Minimum Average Daily Balance, 1% of the transaction amount for like-currency deposit/withdrawal, S$20 (or its equivalent) per Cashier's Order, Returned Cheque due to Insufficient Funds or Post-Dated, Registration via Business Internet Banking, S$5 per OTC cash deposit /withdrawal of S$3,000 and below from the 6th transaction onwards, Fees waived for first 30 cheques cleared per month, S$0.75 per cheque for subsequent cheques cleared per month. Back to Borrow Personal. Title: Deposits Fees and Charges Author: UOB Created Date: 6/16/2020 5:27:34 PM RM10.00: Monthly Service Charge • Non-borrowing Accounts with average balance < RM2, 000 . 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. Personal Loan; Overdraft; Back to Borrow Property. Where can I view the revised Terms and Conditions? Can I present an IRD to the Bank for cash payment over the counter? Please refer to UOB/FEB Insured Deposit … Together with a centralized account structure at UOB, outsourcing your cheque collection will improve your ability to … Additional S$30 if cheque is dishonoured. Are there any charges imposed on the depositor when the Bank issues an IRD? Free. If I present an IRD and it is returned, will I get back the same IRD again? We have harnessed technological advances and invested in a more advanced platform to improve your working capital and risk management. Co. Reg. SGD Deposit Accounts & Global Currency Accounts, Amendment Fee – $5 per amendment (for salary payments, a fee of S$20 per amendment will apply), Waived (if cancellation / suspension made >6 months of set-up or last amendment), S$10 (if cancellation / suspension made within 6 months of set-up or last amendment), Amendment Fee – S$5 per amendment (for salary payments, a fee of S$20 per amendment will apply), Waived (if cancellation is made >6 months of set-up or last amendment), S$10 (if cancellation is made within 6 months of set-up or last amendment). For example, can I get the drawer to sign on the IRD if there is a missing signature? How long does it take for a beneficiary to receive the funds? Are there any charges imposed on the depositor when the Bank issues an IRD? Is there any change to the Terms and Conditions governing my account? Q12. S$300 without exchange) + cable charges + agent charges, if any Administrative Charges For Amendment / S$10 plus cable charges and correspondent Cancellation Of Telegraphic Transfers banks’ charges and all out-of-pocket expenses, if any Request For Credit / Debit Advices: Can I present an IRD if it is crumpled or stained? Cheque book fee. Deposit RM250; Alliance Hybrid Account-i Profit Rate 0.15% to 1.15% p.a. Branch Processing Fee (s) (effective from 1 August 2019 for all account openings and updating of signatories processed at UOB Branches) For corporate structures 1 that consist of multi-layers of shareholdings with shareholders who are foreign entities, a fee of … Can I exchange the IRD for a physical cheque? Can I exchange the IRD for a physical cheque? Do I have to pay for UniAlerts subscriptions? How can I be certain that the IRD is an authentic document? What are the Terms and Conditions of using the UniAlerts service. What is the information that I need to provide to my remitter? For example, the UOB Stash Account charges $2 if the average monthly daily balance falls below $1,000. Reduce float associated with the collection of cheques by leveraging UOB's comprehensive networks within Thailand. Full details are available online or by visiting a UOB branch. UOB Business Internet Banking Plus (BIBPlus) is the enhanced business internet banking platform for UOB’s corporate clients. A cheque book is issued free of charge when you open an OCBC Basic Current Account. UOB charges S$30 penalty fee if you close the account within 6 months from opening. Monthly service fee. We were not being debited for this fee before. However, subsequent cheque books (50 leaves) will cost S$10 each. Cheque book fee. Will I be able to see these charges reflected on the debit advice? What do the charge options BEN/SHA/OUR mean? Does CTS apply to cheques denominated in any currency? No. Use this convenient bank cheque service where a full invoice, withholding tax certificate and payment details can be attached to the cheque. Is there any change to the current cheque clearing times? Note: Foreign Currency cheques will be sent for clearing and your account will be credited after the proceeds are available. What are the charges for Inward Telegraphic Transfer? Can I register a different mobile number for the purpose of receiving UniAlerts? My payments to Malaysia, which I have been able to make without any issues in the past, are getting rejected recently. Initial deposit amount. Are there charges for issuing UOB CashPlus cheques? Read more Current Account » OCBC. Does the IRD apply to foreign-issued cheques? Foreign Cheque Collection Fees: General Services Fees: Inward Remittance Fees: Outward Remittance Fees: UOB eAlerts! No, as long as the amount issued is within your available credit limit. Can I make any alteration on the IRD? S$10 per cheque max. Stamp Duty on Cheque Book (per leaf) RM0.15: Cheque Processing Fee (Effective 2 nd January 2015.) Other Currencies (non-SGD) and USD (non- local clearing) 1/8% (min. UNITED OVERSEAS BANK SCHEDULE OF CHARGES BASIC BANKING SERVICES Account Opening - Current Account/ Savings Account/ Small Account Free Nomination Facility NA Payable at Par Cheque book ( Sub clearing membership) Free Quarterly Statement by Post - Balance confirmation Free Monthly Statement by Post Free Charges for Duplicate statement for all account Rs. 193500026Z. Features; Benefits; Features . Do I need to be on a specific mobile network? How do I change my contact details to receive UniAlerts? Is this fee new? I have provided purpose of payment in my TT instruction but my payment is still getting delayed / rejected. Charges: USD cheques cleared via Singapore USD Cheque Clearing System. The signing condition for my account is 2 authorised signatories to sign. There are minimum balances, fees and charges which are set according to the currency you choose to operate your account in. I am expecting incoming funds into my banking account. Fees and charges levied on the bank's products and services are made available at our branches, corporate website, relevant marketing materials and product brochures for ease of reference for our customers. SDIC Clause – SDIC Clause. The platform offers you a comprehensive suite of cash management, trade and treasury services. Details of the charges and the basis for ad-hoc charges will be provided to customers to ensure full transparency and disclosure. Account holders can pay bills and retail purchases with ease with the cheque book. 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$75,000 in aggregate per depositor per Scheme member by law. Can a payment be effected in full to the Beneficiary bank and credited in full to the Beneficiary? What do I need to subscribe to UniAlerts? For case of emergency when payment such as taxes and duty fee have to be immediately we could arrange for the payment order to be ready for pick up within two hours after we receive the instruction. Simplify your cheque payment process by outsourcing all or part of it to UOB. Can my boss sign on the application form? But there’s more to the cost of an international transfer than just the fees. S$10, max. In such cases, you would have to surrender the IRD and pay a service charge of S$50 for each physical cheque requested. Is there any change to the Terms and Conditions governing my account? What should I do if my INR or PHP payment is less than SGD200? All Rights Reserved. With effective from 1 January 2021, cheque clearing fees will be revised to S$0.75 per cheque. No debit advice will be provided. I feel more comfortable holding a physical cheque instead of the IRD. UOB charges a small fee when your account drops below a specified minimum balance threshold. You can open a UOB business account in a range of global currencies, as well as getting a linked bank card or cheque book. by United Overseas Bank (UOB) - Hong Kong Branch (incorporated in Singapore with limited liability). At first glance, UOB does appear to have much higher fees. Foreign Exchange against SGD; Foreign Exchange against USD; Gold and Silver Prices: Money Changing Rates: ACH Bank & Branch Codes. RM8.00 for every 4 books • To Singapore. For your easy reference. What are the types of charges that are applicable if I am making a TT payment? Why am I required to provide additional payment details for TT payments to certain countries or in certain currencies? Cheque Book Charges: Free: SDIC Clause. Unfortunately, online application is not available for … Copyright © 2021 United Overseas Bank Limited. I have received a shortfall (of US$ 5.00) for my USD Incoming TT, may I know the reason for the shortfall? Fees & charges are also available upon request through our UOB 121 contact centers and customer service teams. Can I have only one authorised signatory to sign on the Tracer/Amendment form? RM50.00 for 1st 3 books RM5.00 for each additional cheque. The cheque package can be mailed directly to your beneficiaries. 193500026Z. What happens should I receive an 'old' (not in the CTS format) cheque? What must I do if an IRD cannot be presented? What are the mandatory fields that I need to provide in my TT instruction to the bank? You’ll receive 2 free cheque books upon account opening. The charge for every returned cheque is S$40. Download App; Watch Video; … No. UOB Kay Hian (UOBKH) is a global investment firm that provides a range of brokerage services, as well as investment banking, wealth management and financial research. UOB bank accounts like the Gold Savings … There is no charge to the cheque recipient. [9] Charges apply for each amendment (S$30), cancellation/recall (S$35) and tracer (S$20). Keep in mind that many banks mark up the exchange rate by an average of 4-6%, plus there are normally 1-3 intermediary and recipient banks who also charge fees.. You might notice that this can getting expensive. RM10.00: Monthly Service Charge • Non-borrowing Accounts with average balance < RM2, 000 . For case of emergency when payment such as taxes and duty fee have to be immediately we could arrange for the payment order to be ready for pick up within two hours after we receive the instruction. 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