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UOB (Thai) has launched new Bill of Exchange (B/E) campaign “UOB Speedi 1-2-3”

United Overseas Bank (Thai) has launched new Bill of Exchange (B/E) campaign “UOB Speedi 1-2-3” with triple unique benefits. The campaign targets to acquire fund for THB10,000 millions within a month. Mr. Yuttachai Teyarachakul, Executive Vice President, Personal Financial Services, disclosed that UOB has launched new Bill of Exchange (B/E) campaign to provide an alternative investment solution and encourage customers’ savings under the campaign “UOB B/E Speedi 1-2-3”. The campaign has offered 12 months tenor Bill of Exchange (B/E) for individual customers and non-profit organizations. The Bill of Exchange (B/E) comes along with passbook and following 3 benefits.

  1. “Quickly earned interest” as customer will gain interest on monthly basis.
  2. “Double Interest on Savings” whereby customers can open UOB Double Savings account with interest rate 1.25% p.a. (two times higher than normal savings rate). Customer will be eligible for UOB Double Savings account, once they open the B/E account with minimum amount of THB 3,000,000.
  3. “Maximum interest up to 3.00% p.a.” for balance at least THB 20,000,000 and 2.85% p.a. for balance from THB 500,000 to THB 19,999,999.
Furthermore, UOB has launched the short term B/E campaign 3 months with interest rate 2.15% p.a., which is a special offer to suit short term investors. These 2 special campaigns period is 2 – 31 March 2011.

Apart from the campaigns above, UOB has also increased the interest rate by 0.25% p.a. for long term fixed deposit, 24 and 36 months. For the Tax-Free term deposit accounts, “UOB Taveesin” and “UOB Care4Kids” with 48 and 60 months tenors, the interest has raised by 0.50% and 0.75% respectively. Depositors for both products would also be exempted from 15% withholding tax and entitled to a personal accident insurance coverage plan.

We are aiming for THB 10 billion within one month for these campaigns and we are certain that we can reach our target as the campaign is tailored for satisfying the target customer’s needs. Moreover, customer’s confidence is built up on the strong credit worthiness and financial stability of our bank which reflected in the AAA credit rating according to Fitch Rating as of 2nd December 2010. This year, we will aggressively promote our deposit products by constantly developing new products and launching attractive campaigns”, said Mr. Yuttachai Teyarachakul.

March 3, 2011
For More information, please contact Country Communications,
United Overseas Bank (Thai) Pcl.
Or Boonyaporn Vongbuikaw, Kaweepoj Chatkaew 
Tel 0-2343-4965, 0-2343-4963

 


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