Remittance Services

Highlight

UOB provides cross-border fund transfer service for SME to pay for goods, services or other purposes through Telegraphic Transfer (T/T) or Demand Draft in foreign currency to word-wide recipients.

Benefits

UOB provides cross-border fund transfer service to recipients all over the world under a short period. It is safe and cost less when transferred via UOB Personal Internet Banking and UOB Business Internet Banking Plus (BIBPlus)

Privileges

  • Special privilege only for UOB SME customers who have FX transaction with the amount from USD 10,000 or equivalent. The customers can request a special rate from trading room directly by calling phone number 02-028-9887 or UOB Biz Trade Call Centre Tel: 02-093-2952-54.
  • Outward remittance service by UOB offers a special privilege to customers who would like to transfer fund abroad with a charge of THB 200 per transaction when transferred UOB Internet Banking (BIBPlus). Customers can enjoy this promotion from 1st January - 31st December 2021 and receive special privilege from UOB by requesting via UOB Biz Trade Call Centre, Tel: 02-093-2952-54. In order to be eligible for special privilege, customers must provide the bank account name and number that is used for outward remittance service.
  • UOB offers a special privilege to customers who would like to transfer fund abroad via UOB Branch Counter with a charge of THB 300 per transaction. Customers can enjoy this promotion from 1st January - 31st December 2021.
  • Outward remittance service by UOB offers a special privilege to new SME* customers who would like to transfer fund abroad with a charge of THB 0 per transaction when transferred via UOB bank counter. New SME customers can enjoy this campaign from 1st January - 31st December 2021 and receive special privilege from UOB by requesting via UOB Biz Trade Call Centre, Tel 0-2093-2952-54. In order to be eligible for special privilege, 12 coupons of outward remittance service/month with a charge of THB 0 per transaction at UOB Counter within 3 months after effective date.

Applicant qualification

  • Juristic customers
  • Hold saving account; current account; or foreign currency deposit account with UOB (In case of using outward remittance service via UOB Cyber ​​Banking service)

Documents

  • Outward remittance request form
  • Other evidences or documents related to remittance such as loan agreement, purchase-sales agreement, overseas invoice, purchase order, and etc. (according to criteria announced by the Bank of Thailand)

Interest rate, Fee

  • As announced by the bank or as agreed with the loan officer

More information

UOB Biz Trade Call Centre, Tel: 0-2093-2952-54

Fax: 0-2093-5340-42

Note:

  • This campaign is privileged for new SME* customers who have never applied for currency exchange service, received by notification from UOB staffs and request to join this campaign via an email.
  • Eligible customers will receive confirmation email with a set of outward remittance service coupon. Each coupon has a specified expiry date in each month.
  • Any service that requires a credit limit can be utilised only after the credit limit has been approved.

* New SME customers represent SME owners who registered businesses under individual or juristic and have total annual sales less than 240 Million Baht. Or shall not receive more than 40 Million Baht on loan and derivatives approved.

Exchange Services refer to FX Spot and FX Forward Services which align to our bank’s criteria