Electronic Bulk Service
You can initiate bulk payments - such as Inter-Bank GIRO, Demand Draft or Telegraphic Transfer - by sending electronic files of multiple payment instructions to the Bank for batch processing. For IBG payments, the Bank will perform the necessary debiting and crediting on the specified value date/dates. DD and TT will be processed according to instructions received by the Bank.

Business Internet Banking
With Business Internet Banking (BIB) Service, you can enter payments individually via a user-friendly web interface. These payments are done via Inter Account Funds Transfer between your own linked accounts with the Bank or to a prearranged or non-prearranged third-party account with the Bank; or Inter Bank Funds Transfer to non-UOB accounts. You can also remit funds to any beneficiary account with other banks (both local and international) and apply for Demand Draft and Cashier's Order online. With BIB's Bulk Services, you can perform payroll and bulk payment functions.

IBG Diskette Service
IBG Diskette Service lets you process bulk IBG payments using diskettes to deliver your transaction files to the Bank. To use the service, you need to prepare the transaction files in accordance to UOB's file format which will be provided to you.

Your Benefits
Increased accuracy: UOB's Bulk Payment services eliminate the need for manual data entry of individual records, thereby reducing errors and increasing efficiency.

Speed and convenience: You can electronically transmit an entire batch of payment instructions to the Bank for processing or do online transfer of funds for individual payments - with just a few clicks of your mouse.

Security: For Electronic Bulk Service, all files are encrypted to ensure end-to-end security and confidentiality. We also enhance control and security of payment processing through automated acknowledgments and confirmations. Business Internet Banking employs 128-bit Secured Socket Layers (SSL) Encryption, tokens, authorisation matrix and a combination of IDs and passwords to ensure security.

Improved cash flow management: You can now enjoy better management and forecasting of cash flow through electronic file transfer and the automated processing of instructions. The ability to transfer funds online also gives you more control in managing your company's funds.

Reduced administrative costs: With UOB catering to your bulk payment needs, you can reduce manual processes and related expenses, as well as re-allocate staff and resources to focus on core competencies.

Apply Now
To apply, just contact your Account Relationship Manager. We will be glad to advise you on how to get the system set up for your usage, as well as the charges involved.

If you are already an existing UOB Group customer, you can also apply for Electronic Bulk Payment & Collection Services OR Bulk IBG Payment & Collection via Diskettes Service by downloading the following:

- Registration Form (PDF: 162KB)
- Corporate Resolution (PDF: 85KB)
- Terms & Conditions (PDF: 153KB)
(You need Adobe Acrobat Reader to view these files. To download a copy, click here)

Contact Us
For queries or comments, please:

• Contact your Account Relationship Manager
• Call us at (65) 6539 8704
• Fax to us at (65) 6536 7488
• Email us
• Visit us at:
  
  Cash Management Services
  80 Raffles Place
  #05-00 UOB Plaza 2
  Singapore 048624