Transaction Banking - Cash Sweeping
UOB China (UOBC) understands the pain points of liquidity management for group and multinational companies. Domestic and international intra-group fund transfers face numerous regulatory restrictions. Without in-depth understanding of regulations of each country and seamless connectivity across China and ASEAN, corporations have little flexibility over liquidity management across different regions and countries.
In response, UOBC has launched comprehensive cash-sweeping solutions, and differentiated ourselves by direct connectivity between China and ASEAN. Since 2020, with UOBC’s tailored solutions, many group clients won the “Best Liquidity and Investment Solution” awards by The Asset as well as the “Highly Commended” award at the Adam Smith Awards Asia. UOBC was also honored as the “Best Service Provider for Liquidity Management” by The Asset.