Transaction Banking - Cash Sweeping
UOB China (UOBC) understands the pain points of liquidity management for group and multinational companies. Domestic and international intra-group fund transfers face numerous regulatory restrictions. UOBC launched its Cross Border Sweep service in 2014. In the past nine years, we have built seamless connectivity across China Mainland with ASEAN successively, including Singapore, Hong Kong SAR, Thailand, Malaysia, Indonesia, and Vietnam through cross border liquidity management solutions. UOBC has successfully helped its Chinese customers link up their footprint across the ASEAN region.