How To Set up Recurring Deposits to Your Coinhako Account with UOB

How To Set up Recurring Deposits to Your Coinhako Account with UOB

This article will explain how to set up a recurring deposit using UOB.

  1. Log in to UOB internet banking and select "Transfer funds".
  2. To set up a recurring deposit, first add Coinhako as a new payee by selecting "Add Payee" and use the account details from your Coinhako app:
    1. Go to ‘Wallet’ > Select 'Deposit' > Select 'SGD' > Select ‘FAST (Fast and Secure Transfers)’ 
  3. Once Coinhako is added as a payee, set up the recurring deposit by going to “Transfer Funds” > “Others”, then choose Coinhako from your payee list. Note that due to UOB’s security policy, you can only transfer funds to a new payee 12 hours after adding them.
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  4. Input the amount you want to transfer. Next, tap on the calendar icon to select the date for initiating the first fund transfer. 
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  5. Select the Frequency of the recurring fund transfer (e.g. Once, Daily, Weekly, Monthly, Quarterly).
  6. Select "Confirm" to complete the setup.

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