United Overseas Bank

Incorporated in 1935 with its global headquarters in Singapore, UOB has now grown to have a global network of more than 500 offices across 19 markets. UOB is rated among the world’s top banks – Aa1 by Moody’s and AA- by Standard & Poor’s and Fitch Ratings respectively – and has been named the ‘Best SME Bank in Asia Pacific’ and ‘Best SME Bank in Singapore’ by The Asian Banker in 2019 and ‘Asia’s Best Bank for Transformation 2019’ by Euromoney. With our strong presence in Southeast Asia and our established record of partnering SMEs, we are well-positioned to support your business growth and help you achieve greater access to the region.

Banking Account Benefits at a Glance

UOB eBusiness Account
Ideal for businesses with low balances

  • Low minimum daily balance of S$5,000
  • Up to 60 free outgoing single FAST/PayNow FAST transactions per month~
  • Free bulk GIRO Payroll transactions

Fees and Requirements

  • S$1,000 initial deposit
  • S$5,000 minimum balance
  • S$35 annual fee
  • S$15 fall below fee (Waived for the month of account opening and the subsequent month)

more details

UOB BizTransact Account
Ideal for businesses that manage large payment and collection volumes

  • Up to 100 free outgoing single FAST/PayNow FAST transactions per month~
  • 50% off commission charges# on Outward Telegraphic Transfers (OTT)
  • S$0.20 rebate per transaction on up to 80 bulk GIRO Payment and Collection transactions per month

Fees and Requirements

  • S$1,000 initial deposit
  • S$80,000 minimum balance
  • No monthly or annual fees
  • S$80 fall below fee (Waived for the month of account opening and the subsequent month)

more details

UOB BizGlobal Account
Ideal for businesses that transact in US dollars

  • Flat fee of US$38, including cable charges, for each OTT transaction.
  • Waiver of Inward Telegraphic Transfers (ITT)
  • Preferential Trade Financing fees

Fees and Requirements

  • US$1,000 initial deposit
  • US$80,000 minimum balance
  • No monthly or annual fees
  • US$80 fall below fees (Waived for the month of account opening and the subsequent month)

more details

Alternatively, you can leave your contact details for a relationship manager to assist you.

Why Choose UOB Business Banking?

Free trial and consultation of UOB BizSmart Digital Solution

Looking to digitalise your business? With UOB BizSmart, you can manage multiple core processes such as sales, human resource, invoicing and accounting on a single cloud-based platform, and access ready information on your business anytime, anywhere.

Bank on the go with  Business Internet Banking Plus (BIBPlus)

Get instant access to banking services from your mobile device and desktop.

Receive e-payments with ease

Enjoy fee waivers on all incoming PayNow Corporate transactions from now till 31 December 2021 and receive 4 SGQR labels when you register for SGQR.

Stay ahead with business insights

UOB Business Insights gives you essential insights from business owners and subject matter experts around key business topics to better adapt in our increasingly competitive world.

Access to dedicated Business Banking hotline

Call our Business Banking hotline at 6259 8188 (available from 8am to 8pm, Monday to Saturday, excluding public holidays)

Bank with convenience island-wide

Access day-to-day banking services including foreign exchange remittances at any UOB branch. Our ATMs and cash deposit machines island-wide offer you 24-hours access.

~UOB Promotion (FAST and PayNow FAST Transfers) Terms & Conditions apply. Click here for more information. Rebates are not applicable to Bulk, Recurring, & Post-Dated FAST transactions.

#Standard cable and/or agent fees apply.

Terms and conditions Governing the UOB eBusiness Account, UOB BizTransact Account and UOB BizGlobal Account apply. Terms & Conditions Governing Accounts & Services and Additional Terms & Conditions Governing Accounts & Services apply. Visit uob.com.sg/bb for full information.

Insured up to S$75k by SDIC