Conveyancing Account

Conveyancing Account

Safeguard your client's conveyancing money for property transactions.

Benefits

Peace of mind

Peace of mind

Money is secured. Transactions will be subject to stringent checks and control.

Information at your fingertips

Information at your fingertips

Track movements of your client’s funds and reconcile using reports from UOB Infinity.

Collect from six locations

Collect from six locations

Collect your Cashier's Order from any of the six choice locations.

Flexible collection options

Flexible collection options

Choice of Normal, Express or Same Day collection of Cashier’s Order.

Requirements & fees

Requirements
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  • UOB Conveyancing Account is only available to Singapore law firms.
  • No minimum initial deposit requirement for account opening.
  • No minimum average daily balance requirement.
  • No account closure fee for account closed within six months of account opening.
  • MAS Electronic Payment System (MEPS) charges for payment of stamp duties from conveyancing accounts to the Commissioner of Stamp Duties will be waived.


Please note the cut-off time for such MEPS payments: 3.00pm on Mondays to Fridays (working days only). For instructions received after 3.00pm, the MEPS payments will be effected on the following day.

Fees will be applicable on each unique pay-in transaction file reference. For more information on the applicable fees, please contact:

  • Your Relationship Manager
  • Corporate Call Centre at 1800 226 6121 (Mondays to Fridays, 9.00am to 6.30pm)
  • Or visit any UOB Group branch


Note: For Foreign Incorporated Companies, Account Setup Fee of minimum S$500 applies.

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.

Additional information

Cashier’s order collection locations
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Collect your Cashier's Order from any of the six choice locations:

UOB Main Branch
80 Raffles Place UOB Plaza 1 Singapore 048624
Collection hours:
Mon - Fri: 9.30am - 4pm

UOB New Bridge Branch
1 Park Road #01-01/02 Peoples Park Complex Singapore 059108
Collection hours:
Mon - Fri: 9.30am - 4pm

UOB Anson Branch
10 Anson Road #01-01 International Plaza Singapore 079903
Collection hours:
Mon - Fri: 9.30am - 4pm

UOB Toa Payoh Branch
Blk 520 Toa Payoh Lorong 6 #02-51 Singapore 310520
Collection hours:
Mon - Fri: 9.30am - 6pm

UOB Tampines Branch
1 Tampines Central 1 #01-01 UOB Tampines Singapore 529539
Collection hours:
Mon - Fri: 9.30am - 4pm

UOB Cash Management Operations Centre
396 Alexandra Road #17-00 Alexandra Building Singapore 119954
Collection hours:
Mon - Fri: 10am - 5pm

Choice of Normal, Express or Same Day collection of Cashier’s Order

Normal Collection

  • Day and time of collection: Collection day
  • Pay-out form available for download: Two working days before collection day, before 5pm


Express Collection

  • Day and time of collection: Collection day, after 3.30pm
  • Pay-out form available for download: One working day before collection day, before 5pm


Same Day Collection

  • Day and time of collection: Collection day, after 3.30pm
  • Pay-out form available for download: Collection day, before 1pm


Note:

  • 'Working day' refers to weekdays, Mondays to Fridays, excluding public holidays.
  • Same Day collection is only available on weekdays, Mondays to Fridays, excluding public holidays.

Your bank account should be for your own use and you are responsible for all transactions made through your bank account.

Please click here for the full Advisory from the Singapore Police Force – Warning.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

 

Please refer to UOB Insured Deposit Register for a list of UOB accounts / products that are covered under the Scheme.


 

For more information on the Deposit Insurance Scheme, please click here.

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        Have questions?

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        Speak with us

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