Tuesday, 29 November 2022

Best Corporate Payments Project in Indonesia - UOB Indonesia and MIR Insurance Brokers

5 min read

By The Asian Banker

Powered by its one bank-total solution approach, this winning project covers solutions from liquidity, collection/receivable, to payment, making it a comprehensive solution that aids in reconciliation and yields optimisation. The bank created unique virtual account number for each branch to help client identify and perform daily reconciliations on thousands of domestic collection requests. It provided notional pooling to manage cash flows efficiently and optimise interest on all accounts.  

For becoming the customer’s main operating bank in place of their incumbent, the Best Corporate Payments Project in Indonesia goes to UOB Indonesia and MIR Insurance Brokers.

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

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