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you are in GROUP WHOLESALE BANKING
Enable effective GIRO payments, including payroll transactions.
Process GIRO debits and credits to support payment and collection flows.
Our Tier 2 clearing strengths | How you benefit |
Access to Interbank GIRO clearing | Enable GIRO debit and credit transactions seamlessly without the need to pay Tier 1 clearing participation membership fees. |
Timely processing and settlement of transactions | Benefit from our strong SGD liquidity position and the depth of our experience in managing daily settlement activities. |
Expanded suite of SGD payment services | Provide your customers with the added benefit of an alternative SGD payment mode via GIRO. |
Facilitating direct debit transactions | Allow your customers to sign up for GIRO direct debit authorisations and facilitate recurring payments more efficiently. |
Secured and streamlined payment transmission | Submit your bulk GIRO payment and collection instructions securely via UOB Infinity or through our host-to-host services. |
Our Tier 2 clearing strengths |
Access to Interbank GIRO clearing |
Timely processing and settlement of transactions |
Expanded suite of SGD payment services |
Facilitating direct debit transactions |
Secured and streamlined payment transmission |
Please reach out to your Relationship Manager for more information about our charges
Tier 2 GIRO clearing participants must be an ordinary member of the Association of Banks in Singapore (ABS).
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