In order to prevent any payment rejections due to a mismatch in the beneficiary name, we advise you to input the following as your beneficiary’s name;
You Technologies Group (Singapore) Pte Ltd on behalf of [Your Company Name]
or
YouBiz on behalf of [Your company name]
Including You Technologies Group (Singapore) Pte Ltd in the beneficiary name section is necessary as the overall operating account is held by our company, and some banks may reject the transaction if You Technologies Group (Singapore) Pte Ltd is not referenced.
Rest assured that your YouBiz funds are protected and deposited into a dedicated customer segregated account held by You Technologies Group with DBS Bank Ltd. To learn more about how your funds are protected, you may refer to our FAQ here.