uob branch code

uob branch code

Blog Article

United Overseas Lender) department code is An important component for banking transactions in Singapore. It makes certain that cash are transferred accurately to the proper branch and account. This is a detailed breakdown that can assist you realize this idea greater:

What exactly is a Department Code?
A branch code is a singular identifier assigned to each financial institution department. This code can help differentiate among many branches of precisely the same bank, making certain that transactions are routed correctly.

Relevance of UOB Department Code
Accuracy: Makes sure that money transfers reach the meant receiver's account without having faults.
Identification: Assists establish the precise branch the place an account is held.
Performance: Accelerates processing moments for both of those domestic and Worldwide transactions.
Construction of UOB Department Codes
UOB takes advantage of various codes dependant upon the type of transaction:

Branch-particular codes: Every single Actual physical UOB department has its have distinctive 3-digit code.
Virtual accounts or companies: Some expert services might need their own designated codes separate from physical branches.
How to define Your UOB Department Code
Below are a few practical ways to locate your particular UOB branch code:

Financial institution Statements:

Examine your month to month financial here institution statement; it usually lists your account aspects such as the department code.
On the web Banking Portal:

Log into your on the web banking portal and navigate to the account data area.
Customer Service:

Get in touch with customer service by using cellular phone or take a look at any UOB branch for help.
Cheque Book/Passbook:

The cheque reserve or passbook issued because of the financial institution frequently contains your account selection combined with the connected department code.
Illustration Situation
Imagine you happen to be transferring funds from one community financial institution in Singapore to a friend's UOB account:

You will require their total identify as registered with their financial institution, their complete account range, and importantly, their UOB branch code.
Coming into these particulars the right way makes sure that your transfer reaches accurately the place it's alleged to go with out delays or challenges.
By knowing how vital it really is and recognizing how to find it, you may manage banking duties extra efficiently and prevent typical pitfalls connected with incorrect fund transfers.

Remember, often double-Check out these aspects just before completing any money transaction!