On June 23rd, United Overseas Bank (China) Limited (hereinafter referred to as “United Overseas Bank China”) issued two announcements, namely “Important Notice on the Transfer and Delivery of Personal Business Products and Services of United Overseas Bank China” and “Important Notice on the Transfer of Mortgage Loans of United Overseas Bank China”, to update the specific time for the transfer and delivery of the relevant services of the bank.
Clarify the transfer delivery date
Uob China issued an important notice on the transfer of UOB China’s mortgage loans on the morning of June 23, stating that the expected closing date for the transfer of the bank’s personal property mortgage loans (including creditor’s rights and ancillary guarantees/interests, hereinafter referred to as “mortgage loans”) is July 4, 2025 (hereinafter referred to as the “closing date”). Meanwhile, the expected transfer and delivery date for the related personal business products and services is also July 4th.
If there is any change to this date, the bank will notify separately.
The announcement shows that after the closing date, the mortgage loan services for the bank’s customers will be provided by Fubon Huayi Bank Limited (referred to as “Fubon Huayi Bank”). The rights and obligations of the bank and the customer’s personal information under the mortgage-related customer agreement signed by the customer with United Overseas Bank China will be transferred to Fubon Huayi Bank as of the closing date.