Direct Debit Services

Direct Debit Services

UOB collects payments from your customer's account directly via direct debit.

Overview

With a pre-authorized arrangement, the debit transactions can be sent online to UOB via our UOB Digital Banking Platform. Detailed reports can be generated, both in hardcopy and soft file, to your account receivable system for an automatic reconciliation.

Benefits

Simplify bill processing and improve productivity

UOB perform collection process instead of your bill collector.

Less administrative work

Easy to reconcile through data file upload directly to your account receivable system.

Maximize liquidity

Good funds are immediately credited to your bank account upon receipt of instructions on value date.

Ready to apply?

Ready to apply?

Leave us your details and we will get in touch with you as soon as possible. Alternatively,
you may call Cash Management Customer Service at 0 2098 4848.

Additional information

Quick product overview
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Download the product fact sheet for Direct Debit Services

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