uob department code

uob department code

Blog Article

United Overseas Lender) branch code is an essential ingredient for banking transactions in Singapore. It makes sure that funds are transferred correctly to the correct department and account. Here's an in depth breakdown to assist you to fully grasp this concept improved:

Precisely what is a Department Code?
A branch code is a novel identifier assigned to each financial institution department. This code aids differentiate between a variety of branches of exactly the same financial institution, ensuring that transactions are routed accurately.

Importance of UOB Branch Code
Precision: Makes certain that funds transfers get to the supposed recipient's account with no errors.
Identification: Aids detect the specific branch wherever an account is held.
Performance: Accelerates processing moments for both of those domestic and Worldwide transactions.
Framework of UOB Department Codes
UOB uses various codes dependant upon the type of transaction:

Branch-particular codes: Every single Bodily UOB department has its have unique 3-digit code.
Virtual accounts or solutions: Some companies may have their unique selected codes individual from Bodily branches.
How to define Your UOB Branch Code
Here are several functional solutions to Track down your precise UOB branch code:

Financial institution more info Statements:

Examine your month to month financial institution statement; it always lists your account aspects such as the branch code.
On-line Banking Portal:

Log into your on-line banking portal and navigate to the account data segment.
Customer Service:

Contact customer care by means of mobile phone or check out any UOB branch for aid.
Cheque E book/Passbook:

The cheque ebook or passbook issued through the bank normally has your account amount along with the involved branch code.
Example Circumstance
Envision you might be transferring income from a single local financial institution in Singapore to a pal's UOB account:

You may need their entire name as registered with their financial institution, their complete account range, and importantly, their UOB branch code.
Coming into these details properly makes certain that your transfer reaches precisely where by It really is speculated to go with no delays or issues.
By comprehension how important it truly is and recognizing how to find it, it is possible to manage banking duties additional effectively and keep away from popular pitfalls associated with incorrect fund transfers.

Recall, always double-Verify these facts right before completing any economic transaction!