SWIFT Services

SWIFT Services

A single connection to seamlessly connect with all your banking partners.

Benefits

Streamlined

Streamlined

A streamlined communication channel to send collection/payment instructions.

Optimal

Optimal

Visibility over your accounts allows you to manage cash balances optimally.

Flexible

Flexible

Onboard a new banking provider or switch between providers easily.

Efficient

Efficient

Have the ability to automate your operation and reduce connectivity risks.

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 like to reach out to your Relationship Manager.

Frequently asked questions

How does SWIFT for corporates work?
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How does SWIFT for corporates work?

How does SWIFT for corporates work?

A standard gateway to communicate with your nominated banks through SWIFT instead of having to adopt multiple proprietary channels to communicate with each of your nominated banks.

 

Initiate payment instructions or receive account statements through SWIFT in the following formats:
  • FIN Message MT101 (Request for your bank to make a payment)
  • Payment and collection files in bank accepted formats via FileAct (for bulk payment requests)
  • MT940 and MT942 (daily and intraday account statements)
  • MT300 (Foreign exchange confirmation)
  • MT320 (Fixed deposit confirmation)

Additional information

Modes of transaction with UOB through SWIFT SCORE FileAct
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Modes of transaction with UOB through SWIFT SCORE FileAct

Modes of transaction with UOB through SWIFT SCORE FileAct

Direct Straight-Through-Processing
In this mode, bulk payment / collection files are fully authorised in Customers’ own ERP system before they are sent to UOB. UOB will process the files without further authorisation from the Customer.

 

Interoperability with UOB Infinity
In this mode, bulk payment / collection files are routed to Infinity as Transactions Pending client’s Authorisation. The appointed Approvers in Infinity are required to log in, review and approve these bulk transactions to be released to the bank for processing.

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Regional File Transfer Services

Regional File Transfer Services

Send and receive key documents in bulk between the bank and your company.

Cash Management

Cash Management

Manage your cash flow efficiently with real-time visibility of account information and a comprehensive range of payments and collections features.

Financial Supply Chain Management

Financial Supply Chain Management

Manage funding at ease and mitigate risk to ensure stability of your financial supply chain and grow your distribution network.

We are here to help

Have questions?

Have questions?

Speak with us

Speak with us

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