Understanding United Overseas Bank's Operations and Structure

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United Overseas Bank (UOB) is a Singaporean multinational bank with a long history dating back to 1935. It has undergone several mergers and acquisitions, with the most significant one being the merger with the Chartered Bank of India, Australia and China in 1970.

UOB's operations are divided into three main business segments: Institutional Banking, Wholesale Banking, and Retail and Private Banking. These segments cater to the diverse needs of individuals and businesses, from personal banking to corporate finance.

The bank's structure is designed to provide efficient service to its customers, with a network of over 500 branches and offices across 19 countries. UOB's global presence allows it to serve a wide range of customers, from individuals to large corporations.

UOB's commitment to innovation is evident in its digital banking services, which include mobile banking and online banking platforms that provide customers with 24/7 access to their accounts.

UOB Branches and Operations

United Overseas Bank (UOB Thai) has local branches, and you can check the correct branch for your location to ensure you have the right SWIFT code.

Credit: youtube.com, UOB Tampines One

Each UOB Thai branch has a unique SWIFT code, which means you'll need to find the specific code for your branch to use for international transactions.

You can use the 8 character head office SWIFT code as a backup if you're unsure or can't find the branch code, and your payment will still reach your account.

Swift Code for UOB Thai

You'll need a SWIFT code to make international transfers to or from a United Overseas Bank (UOB Thai) bank account in Thailand.

Each UOB Thai branch has a unique SWIFT code, so it's essential to check the correct code for your branch to ensure smooth transactions.

To find your branch's SWIFT code, you can check online or use the 8 character head office SWIFT code as a last resort.

Using traditional banks for international transfers can be slow and expensive, but services like Wise offer fast, cheap, and secure alternatives.

If you're unsure about the branch code, you can still make the transfer using the head office SWIFT code, and it will still reach your account.

Local Branches

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UOB has a presence in Thailand with a branch located at UOB Plaza on Sukhumvit Road in Khlong Tan. This is where you can find UNITED OVERSEAS BANK (THAI) PUBLIC COMPANY LIMITED at 690.

UOB Overview and Performance

United Overseas Bank (UOB) is a Premier Bank in the Asia-Pacific region, committed to providing Quality Products and Excellent Customer Service. This mission statement is a key part of the bank's identity.

The bank has a long history, having grown up with Singapore over its nearly 70-year history. UOB's future as a regional player in the fast-growing Asian Pacific market is now a key focus.

UOB's Deputy Chairman and Chief Executive Officer is Wee Ee Cheong, who has been in this position since 2007. He is 71 years old. Eric Lim Jin Huei is the Chief Sustainability Officer, and Chan Kok Seong is the Group Chief Risk Officer.

The bank's revenue from operations did not account for all of their revenue in the previous 12 months, so our analysis of its margins might not accurately reflect the underlying business. United Overseas Bank maintained stable EBIT margins over the last year, all while growing revenue 19% to S$13b.

Here's a brief overview of UOB's leadership team:

UOB's growth in earnings per share (EPS) is impressive, with a compound growth rate of 26% per year over the last three years.

UOB IT and Finance

Credit: youtube.com, United Overseas Bank (UOB) 100-Year History | SGX:U11

UOB's IT services contracts have been publicly disclosed, providing valuable insights for competitive bidding. These contracts cover a range of services, including IT outsourcing, business process outsourcing, systems integration, and consulting.

United Overseas Bank Ltd has publicly disclosed its IT services contracts, making it easier for companies to prepare for competitive bidding.

Understanding Swift Code Requirements

If you're making an international transfer to a United Overseas Bank (UOB Thai) bank account, you'll need a BIC/SWIFT code.

Each United Overseas Bank (UOB Thai) branch has a unique SWIFT code, so you'll need to check the correct one for your branch.

You can use the 8 character head office SWIFT code if you're not sure or can't find the branch code, and your payment will still reach your account.

Using traditional banks to send money abroad can be slow and expensive, which is why it's worth exploring alternative options like Wise for fast, cheap and secure international money transfers.

ICT Spend & Priorities

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United Overseas Bank Ltd's ICT spend provides valuable insights into their digital strategy. IT Client Prospector offers intelligence on their likely spend across technology areas.

United Overseas Bank Ltd likely spends on IT services contracts, including IT outsourcing, business process outsourcing, systems integration, and consulting. These contracts can be found in publicly disclosed records.

Understanding the bank's ICT spend and priorities is crucial for businesses looking to collaborate or partner with them. This knowledge can help businesses tailor their offerings to meet the bank's needs.

Publicly disclosed IT services contracts for United Overseas Bank Ltd can be accessed through IT Client Prospector, providing a competitive edge in bidding.

Frequently Asked Questions

What happened to overseas United bank?

Overseas United Bank (OUB) was fully merged with United Overseas Bank (UOB) by the end of 2003, resulting in the closure of the OUB brand

Is UOB in the US?

Yes, UOB has a presence in North America, including the United States. You can find UOB offices in several US locations as part of its global network.

Sean Dooley

Lead Writer

Sean Dooley is a seasoned writer with a passion for crafting engaging content. With a strong background in research and analysis, Sean has developed a keen eye for detail and a talent for distilling complex information into clear, concise language. Sean's portfolio includes a wide range of articles on topics such as accounting services, where he has demonstrated a deep understanding of financial concepts and a ability to communicate them effectively to diverse audiences.

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