KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) has launched UOB Infinity to its corporate clients to manage their banking needs in a simpler and personalised manner.
In a statement, the bank said UOB Infinity offers a customisable online dashboard that lets clients prioritise and visually display information that is most important to them.
It noted that corporate clients will be able to see the state of their company’s finances, including that of their overseas markets, all at a glance.
Chief executive officer Ng Wei Wei said the launch of UOB Infinity is yet another proof point of UOB Malaysia’s commitment to helping corporates adapt to the new realities of the digital economy.
“By leveraging insights from our clients, we have developed UOB Infinity to address the diverse needs of corporates including their trade requirements and the ability to keep track of their company in real-time across the markets where they operate.
“Our goal is to help our clients improve their operational efficiency and make better business decisions through digitalisation, while supporting them to seize opportunities regionally through the bank’s connectivity,” she said.
UOB Malaysia said UOB Infinity also addressed the lack of real-time tracking for cross-border payments for corporate clients.
The digital solution provides businesses with a real-time notification through SMS or email when their payment has been successfully credited into the beneficiary’s account, saving them the hassle of manually checking on the status of the transaction.
“Clients will also be informed of the charges for the cross-border transaction, including those from the intermediary bank. This feature provides businesses greater transparency on the costs incurred for the transaction. It helps prevent instances where there is a dispute in the final amount received by the beneficiary due to the charges involved,” it said.
For more information, visit www.uob.com.my/infinity.