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USD Cheque Collections

UOBT provide service for USD cheque collection, this is a reflection of our banks’ on-going efforts to provide better service to our customers and set higher standards for performance.

Description
Benefits
Contact

Description

USD Currency cheque drawn on Bank in U.S.A. only
General Customer who maintain account with UOBT more
than 6 months
Amount of Cheque : USD1.- to USD10,000.-
UOBT up front fee USD10.- per cheque
Foreign Bank Charges : USD10.- per cheque
(deduct before credit fund to customer's account.)
For cheque return, upon receipt message from our
correspondent bank, UOBT will debit customer's account
by using selling counter exchange rate equivalent.

Benefits

UOBT can credit fund to customer 's account within 4 banking business days
(start from date that UOBT send cheque to Correspondent Bank).


Pls note that the above is not applicable for

Cheque amount over USD10,000.-
USD cheque drawn outside USA
Customer maintain account with UOBT less than 6 months
Non UOBT customer.

Should you have any queries please do not hesitate to contact us
at 0-2620-5102





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