uob department code

uob department code

Blog Article

United Overseas Bank) branch code is A necessary element for banking transactions in Singapore. It ensures that resources are transferred correctly to the correct department and account. Here's an in depth breakdown to assist you to fully grasp this concept superior:

What's a Branch Code?
A department code is a singular identifier assigned to every bank department. This code helps differentiate involving different branches of a similar bank, guaranteeing that transactions are routed properly.

Worth of UOB Department Code
Accuracy: Makes sure that money transfers reach the meant receiver's account with out problems.
Identification: Helps recognize the particular department where an account is held.
Effectiveness: Hurries up processing times for the two domestic and Global transactions.
Composition of UOB Department Codes
UOB utilizes diverse codes depending upon the kind of transaction:

Branch-distinct codes: Each individual physical UOB branch has its personal special 3-digit code.
Digital accounts or expert services: Some products and services might need their very own designated codes separate from physical branches.
How to Find Your UOB Department Code
Below are a few practical ways to locate your specific UOB department code:

Lender Statements:

Test your regular lender assertion; it usually lists your account more info particulars including the department code.
On the net Banking Portal:

Log into your on the net banking portal and navigate towards your account facts part.
Customer support:

Make contact with customer service by using cellular phone or take a look at any UOB branch for assistance.
Cheque Reserve/Passbook:

The cheque e book or passbook issued because of the financial institution often incorporates your account range combined with the related department code.
Instance Scenario
Consider you are transferring money from just one regional bank in Singapore to an acquaintance's UOB account:

You will want their complete identify as registered with their bank, their finish account amount, and importantly, their UOB department code.
Getting into these aspects accurately ensures that your transfer reaches just exactly where It can be purported to go without the need of delays or concerns.
By being familiar with how crucial it is actually and realizing How to define it, you can deal with banking responsibilities a lot more correctly and steer clear of prevalent pitfalls related to incorrect fund transfers.

Don't forget, normally double-Verify these information right before completing any monetary transaction!