We’re going cheque-free!


As part of our go green initiative and in support of the Singapore Government’s aim to go cheque-free by 2025, we are taking progressive steps to reduce our carbon footprint.

From 1 October 2021, receive your SGD cheque payments for corporate actions and sales transactions in a quicker and more convenient way!

  • If you have applied for the Electronic Payment for Shares (EPS) or GIRO service, your SGD payments will be paid directly to your bank account.
  • If you have not applied for EPS or GIRO service, you will receive your SGD payments in your Trust account.


What do I need to do?

My Preference Action Required
I want my payments credited into bank account based on the existing EPS or GIRO arrangement I have with UOB Kay Hian. No Action Required
I do not have an existing EPS or GIRO arrangement and would like to receive the payments in my Trust account. No Action Required
I do not have an existing EPS or GIRO arrangement and would like to receive my payments directly in my bank account. Take 5 minutes to complete and submit the required forms. Details can be found below this table.


To link a bank account to your trading account, complete the EPS form and mail it to us or email to contact@utrade.com.sg with the header "EPS Application".

If you prefer to receive your proceeds via GIRO, complete the GIRO form and mail the original copy to us for processing.


Frequently Asked Questions



For further assistance, please contact our Client Services team at 6536 9338 or email to contact@utrade.com.sg.



Thank you for supporting our commitment to build a sustainable environment!



This advertisement has not been reviewed by the Monetary Authority of Singapore.