uob department code

uob department code

Blog Article

United Overseas Financial institution) branch code is A vital part for banking transactions in Singapore. It makes sure that money are transferred precisely to the proper department and account. Here's a detailed breakdown to assist you comprehend this concept improved:

Precisely what is a Department Code?
A department code is a novel identifier assigned to each bank branch. This code can help differentiate concerning different branches of a similar bank, guaranteeing that transactions are routed correctly.

Value of UOB Branch Code
Accuracy: Makes sure that income transfers get to the meant recipient's account devoid of faults.
Identification: Helps determine the specific department where an account is held.
Efficiency: Speeds up processing times for each domestic and international transactions.
Structure of UOB Department Codes
UOB takes advantage of distinctive codes depending on the type of transaction:

Department-precise codes: Every single Bodily UOB branch has its have one of a kind 3-digit code.
Virtual accounts or products and services: Some products and services may have their own personal designated codes different from Bodily branches.
How to Find Your UOB Department Code
Here are a few practical tips on how to Find your specific UOB branch code:

Lender Statements:

Check out your month-to-month lender statement; it usually lists your account details including the department code.
On-line Banking click here Portal:

Log into your on line banking portal and navigate in your account information and facts area.
Customer care:

Make contact with customer care via cell phone or visit any UOB branch for guidance.
Cheque Book/Passbook:

The cheque e-book or passbook issued because of the lender usually has your account number along with the linked department code.
Illustration State of affairs
Imagine you're transferring funds from just one area lender in Singapore to a friend's UOB account:

You'll need their total title as registered with their bank, their full account variety, and importantly, their UOB branch code.
Getting into these specifics appropriately makes sure that your transfer reaches specifically in which It really is designed to go with no delays or troubles.
By comprehension how crucial it really is and understanding How to define it, you could take care of banking duties much more successfully and avoid prevalent pitfalls connected with incorrect fund transfers.

Bear in mind, always double-Test these details in advance of completing any money transaction!