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Unlock more savings on cross-border payments with UOBSend.
Introducing UOBSend, a low value1 cross-border payment service that offers a cost effective way to pay your overseas beneficiaries on time2 in their local currencies.
Single flat fee, inclusive of cable and agent fees3.
Beneficiaries receive payments on schedule2.
Lock in competitive FX rate in real time.
Pay beneficiaries in their native currency to over 45 markets.
Telegraphic Transfer will remain available as a cross-border payment method, while UOBSend serves as an additional cross-border payment service, offering you an alternative option based on your specific payment needs.
| Market Reach | UOBSend | Telegraphic Transfer |
| Corridor | 47 markets | Over 200 markets |
| Currency | 13 currencies | Around ~40+ currencies |
| Full Payment | Yes | Accessory feature (OUR) to be selected. Additional service fee will apply |
| Speed | 1 to 2 days Following the destination's scheme delivery schedule3 |
As per value date |
| Payment Limit | SGD 25,000 or equivalent. | No payment limit |
| Business Hours | Cut-off schedule at currency level Latest cut-off at 8:00PM |
Various cut-off timing; Cut-off schedule |
| Corridor |
| Currency |
| Full Payment |
| Speed |
| Payment Limit |
| Business Hours |
UOBSend supports a range of markets, including Australia, China, Europe (SEPA), Hong Kong, India, Japan, Philippines, the United States, South Korea, Taiwan, Great Britain, Indonesia, and Vietnam.
Note:
Access to UOBSend is exclusive to UOB Infinity / UOB SME App users.
1Up to SGD 25,000 equivalent.
2Following the delivery schedule as determined at a country/currency level.
3Subject to respective local market charging practices. Selected beneficiary banks may levy a separate service fee to your beneficiary.
The prevailing terms & conditions of Telegraphic Transfer will apply for UOBSend.
Check out UOBSend pricing guide here.
Connect with UOB Infinity – your digital platform for Cash Management, Financial Supply Chain Management and Trade needs across 10 markets in ASEAN.
Manage your payments and collections efficiently in multiple currencies.
Save more on your USD cash management and trade finance fees.
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