Receivables Management
Payables Management
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Description
When the bank receives funds from an overseas bank for goods, services, and other expenses, we will convert the funds into Thai Baht (THB) and credit to customer's account. The funds could be received either by Telegraphic Transfer (T/T) and/or Demand Draft.
Benefits
UOB with its global network could provide these services in a convenient faster and accurate manner.For customers who enjoy our UOB CyberBanking, incoming funds could be checked through the internet.
Applicant Requirement
- Corporate customer
- Customer must have saving, current or foreign currency deposit account with UOB
(in order to see your deposit information via UOB CyberBanking).
Ways to receive the funds
If you want the overseas remitter to remit the funds to you through the UOB, you will need to provide your information to the remitter as follows:
- Beneficiary name
- Beneficiary bank account number and branch.
- Name and address of UOB branch.
United Overseas Bank (Thai) Public Company Limited
191 South Sathorn Rd,
Bangkok 10120, THAILAND
SWIFT : UOVBTHBK
Rates & Fees
- Subject to arrangement.
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Outward Remittance
The methods of payment are Telegraphic Transfer (T/T) and/or Demand Draft in foreign currency.
- Benefit of convenient, faster, accurate, as well as time and cost saving.
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Import Letter of Credit
The bank provides L/C issuance service for the importer to make payment for goods or services. There are 2 methods in issuing L/C.
- SWIFT
- Courier / Mail
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Export Letter of Credit Advising
The bank provides L/C Advising service to the beneficiary mentioned in L/C.
- Provide safekeeping the original L/C to prevent loss
- Advise L/Cs which are received from all over the world via our UOB network and our network of partner banks
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Trust Receipt Financing
The bank provides short-term financing in the form of Trust Receipt (T/R), advance payment for goods and services on behalf of buyer or importer will be made by the bank.
- Enhance buyer or importer’s liquidity
- Be able to request T/R in either Thai Baht or foreign currency
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Packing Credit
The bank provides short-term financing to seller or exporter in either Thai Baht or foreign currency in order to purchase raw material to manufacture goods for export or for domestic sale.
- Convenient and fast to receive the proceeds within same day upon presentation of completed documents
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Trade
Outward Remittance
The methods of payment are Telegraphic Transfer (T/T) and/or Demand Draft in foreign currency.
- Benefit of convenient, faster, accurate, as well as time and cost saving.
Trade
Import Letter of Credit
The bank provides L/C issuance service for the importer to make payment for goods or services. There are 2 methods in issuing L/C.
- SWIFT
- Courier / Mail
Trade
Export Letter of Credit Advising
The bank provides L/C Advising service to the beneficiary mentioned in L/C.
- Provide safekeeping the original L/C to prevent loss
- Advise L/Cs which are received from all over the world via our UOB network and our network of partner banks
Trade
Trust Receipt Financing
The bank provides short-term financing in the form of Trust Receipt (T/R), advance payment for goods and services on behalf of buyer or importer will be made by the bank.
- Enhance buyer or importer’s liquidity
- Be able to request T/R in either Thai Baht or foreign currency
Trade
Packing Credit
The bank provides short-term financing to seller or exporter in either Thai Baht or foreign currency in order to purchase raw material to manufacture goods for export or for domestic sale.
- Convenient and fast to receive the proceeds within same day upon presentation of completed documents
Contact us
Trade Finance Customer Service
Tel. 0-2343-3030
Trade Window
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