Friday, 14 June 2024

Asian International Cash Management Bank in Asia Pacific - United Overseas Bank

5 min read

By The Asian Banker

United Overseas Bank (UOB) successfully supported transactional flows of new age economy players such as online marketplace to e-wallets, providing them with alternative distribution channels as a way reaching out directly to their consumers via online channels.  Its ability to support both wholesale and retail transactional flows help customers to manage their cash management ecosystem efficiently. Solutions leveraging its regional network strength, suite of APIs, B2B and B2C integration capabilities helped achieve significant business momentum- 13% increase in digital transactions and payments, 85% corporates and SMEs on digital platform powering 25% growth on its business internet banking platform.  

For its one bank-total solution approach that supports customers’ end- to-end value chain through a deeper understanding of their businesses, the Best Cash Management and Transaction Bank in Singapore and Asian International Cash Management Bank in Asia Pacific is United Overseas Bank.

For full evaluation criteria and scorecard for Transaction Finance Awards, please visit

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