UOB BizTransact Account

Benefits

Transaction savings

Transaction savings

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Convenient online banking

Convenient online banking

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  • 100 free cheques per month
  • Up to 50% rebate on outward remittance charges
  • 100% rebate on bulk payroll transactions sent via Business Internet Banking Plus (BIBPlus)
  • 50% rebate on bulk interbank GIRO transactions sent via BIBPlus
  • Waiver on monthly subscription of BIBPlus premium services
  • Preferential Foreign Exchange (FX) rates+ via the eFX platform on BIBPlus and FX Hotline
  • Manage your account anytime, anywhere on BIBPlus
  • Benefit from extended cut-off time for transactions via BIBPlus

    - Telegraphic Transfer to 4pm, on Value Date#

    - Payroll Request to 6pm, 1 working day before Value Date#

    - GIRO Transfer to 6pm, 1 working day before Value Date#

Ease of access

Ease of access

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Link to UOB Business Debit Card

Link to UOB Business Debit Card

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Link to UOB Corporate Deposit Card

Link to UOB Corporate Deposit Card

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  • Fulfil your business needs at any UOB branches islandwide
  • 24-hour access to more than 1,000 ATMs* and 160 Cash Deposit Machines
  • 24-hour access via BIBPlus
  • Enjoy 0.3% cash rebates^ on your transactions
  • Earn up to 20% SMART$ rebate^
  • A deposit-only card to deposit cash into the current account
  • No restrictions on the number of cards issued for each company account
  • No PIN or account number required when making deposit
  • No account balance is displayed on screen or receipt
  • More on UOB Corporate Deposit Card

Requirements and Fees

Checklist of documents required for Sole Proprietor

  • Account Opening Form
  • ACRA Business Profile Search
  • Identity Documents - NRIC(s) / Passport(s)
  • Proof of Residential Address (For Foreigners)
  • FATCA Self Certification or IRS Withholding Certificate*

*Mandatory document for declaration of U.S. or Non U.S. persons.


 Visit any branch or leave your contact details for more information on other incorporation (including companies incorporated outside of Singapore) types

Checklist of documents required for Partnership

  • Account Opening Form
  • ACRA Business Profile Search
  • Identity Documents - NRIC(s) / Passport(s)
  • Proof of Residential Address (For Foreigners)
  • FATCA Self Certification or IRS Withholding Certificate*
  • Account Opening Resolution
  • Certified True Copy of Partnership Deed

*Mandatory document for declaration of U.S. or Non U.S. persons.


Visit any branch or leave your contact details for more information on other incorporation (including companies incorporated outside of Singapore) types

Checklist of documents required for Limited Liability Partnership (LLP)

  • Account Opening Form
  • ACRA Business Profile Search
  • Identity Documents - NRIC(s) / Passport(s)
  • Proof of Residential Address (For Foreigners)
  • FATCA Self Certification or IRS Withholding Certificate*
  • Account Opening Resolution
  • Certified True Copy of Partnership Deed

*Mandatory document for declaration of U.S. or Non U.S. persons.


 Visit any branch or leave your contact details for more information on other incorporation (including companies incorporated outside of Singapore) types

Checklist of documents required for Private Limited Company

  • Account Opening Form
  • ACRA Business Profile Search
  • Identity Documents - NRIC(s) / Passport(s)
  • Proof of Residential Address (For Foreigners)
  • FATCA Self Certification or IRS Withholding Certificate*
  • Account Opening Resolution
  • Certified True Copy of Constitution
  • Common Reporting Standard Form

*Mandatory document for declaration of U.S. or Non U.S. persons.


 Visit any branch or leave your contact details for more information on other incorporation (including companies incorporated outside of Singapore) types

Checklist of documents required for Society / Club / Association / Clan

  • Account Opening Form
  • Identity Documents - NRIC(s) / Passport(s)
  • Proof of Residential Address (For Foreigners)
  • Account Opening Resolution
  • Rules and By-Laws of Clubs / Constitution of Club / Clan
  • Certificate of Registration from ROS OR Approval from approriate Registrar OR Government Gazette listing

*Mandatory document for declaration of U.S. or Non U.S. persons.


 Visit any branch or leave your contact details for more information on other incorporation (including companies incorporated outside of Singapore) types

 

Fees

 

Initial depositMinimum daily balanceFall-below feeEarly closure feeCheque clearing charges
S$1,000 S$80,000 S$80 S$200
(for closure within 12 months)
Waived for the first 100 cheques per month. Subsequent cheques at $0.50 each

Find the Right Account

How do you select a business current account that suits your needs?

Find out more

How to Apply

Schedule an Appointment

Schedule an appointment

Schedule an appointment with any of our UOB branches or Relationship Managers to open the account.

Click here

Visit a UOB Branch

You may also download and complete the application before visiting the branch.

Download

Locate us

View branch locator

Terms & Conditions Governing Accounts & Services

Additional Terms & Conditions Governing Accounts & Services

Terms and conditions governing UOB BizTransact

Disclaimer

+Preferential FX rate is applicable only for FX contracts amounts equivalent to S$20,000 and above, enquired via eFX platform or via our FX hotline.
#Value Date: For Telegraphic Transfer, it is the date when the Telegraphic Transfer payments are effected while for GIRO Transfer or salary crediting pursuant to a Payroll Request, it is the date falling one (1) day before the actual payment date is effected for the GIRO Transfer or, where applicable, the salary crediting pursuant to a Payroll Request. For example, for payments to be made on October 15 for Giro Transfer or Payroll Request, the Value Date is October 14 i.e. one (1) working day prior to the date when payees' receiving accounts will receive the funds. On October 14, the receiving accounts are credited at the Bank's end-of-day processing (which is around midnight). The receiving accounts can use the funds on October 15. The example given herein is merely for illustrative purposes and is not exhaustive in nature.

* Includes the Shared ATM Network
^ Terms and conditions of the UOB Business Debit Card apply.

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$50,000 for each depositor per Scheme member.

For more information on the Deposit Insurance Scheme, please click here.

Please refer to UOB/FEB Insured Deposit. Register for a list of UOB accounts / products that are covered under the Scheme.