UOB BusinessPLUS Account

Where you are:

UOB BusinessPLUS account is a business account that gives you the following PLUSes:

• Flexibility
• Cost savings
• Convenience
• Better cash management

Benefits¹

Flexibility
- You can open one or more BusinessPLUS Accounts in your choice of currency of SGD, USD or EUR to suit your business needs
Cost Savings
- You will receive SGD480 worth of trade services vouchers which you can use to offset against the fees charged for Export Letter of Credit Negotiation and Confirmation. In addition, you will enjoy preferential pricing when you effect GIRO transactions, Telegraphic Transfers and Foreign Exchange transactions through UOB Business Internet Banking (BIB), UOB Group’s premier web-based banking solution for businesses. To help you get started, we will waive the subscription on BIB for three months with three free tokens.
Convenience
- You will enjoy free courier² pick-up service every 12 months for your cheques and trade documents to UOB. Banking is also made easier via BIB. Use our “Click & Track”³ service in BIB to monitor the status of your shipping documents.
  
  Enjoy the latest UOB service - Beneficiary Payment Advice via email - when you initiate bulk local payments via GIRO. Take advantage of this value-added service provided free for a year.

Better Cash Management

Invest your surplus funds in fixed deposits at preferential rates⁴ via BIB in your choice of currency - SGD, USD or EUR. In addition, enjoy the following interest rates on your USD and EUR BusinessPLUS Accounts.

Deposit amount (USD/EUR)	USD Interest Rates p.a.⁵	EUR Interest Rates p.a.⁵
First 9,999	0%	0%
10,000 – 24,999	0.15%	0.20%
25,000 – 49,999	0.20%	0.25%
50,000 – 99,999	0.25%	0.30%
100,000 – 499,999	0.25%	0.30%
≥ 500,000	0.40%	0.45%

Requirements

The following initial deposit, minimum monthly average balances and fees are applicable to UOB BusinessPLUS Accounts:

	SGD Account	USD Account	EUR Account
Initial Deposit	SGD 5,000	USD 10,000	EUR 5,000
Minimum Monthly Average Balance	SGD 20,000	USD 20,000	EUR 10,000
Fall-below Fee	SGD 20	USD 30	EUR 30
Early Account Closure Fee ^*	SGD 30	USD 50	EUR 30

^* Applicable if account is closed within 12 months from opening.

Apply Now

To apply, just contact your Relationship Manager or the nearest UOB branch. We will be glad to help you manage your business better.

More Information

Contact Us

For more information, please:

Contact your Relationship Manager
Write to: UOB Transaction Banking
80 Raffles Place
#05-00 UOB Plaza 1
Singapore 048624
Call us at: (65) 6539 8704
Fax to us at: (65) 6536 7488
Email us at: TransactionBanking@UOBgroup.com

Terms and Conditions
¹ Terms and conditions apply to UOB BusinessPLUS Accounts in addition to the Bank’s prevailing terms and conditions governing the use of UOB accounts and services:

² Free courier service is applicable only to BusinessPLUS SGD Account with a minimum initial deposit of SGD50,000 for 60 days and limited to a maximum of 52 pick-ups per 12 months. Other pick-up options available upon sign-up.
³ This service is available under the Trade Services module in BIB and only for shipping documents couriered via DHL.
⁴ For minimum fixed deposit placement of SGD100,000, USD100,000 or EUR50,000 respectively for certain tenors only. The Bank reserves the right to revise the interest rates at any time without notice.
⁵ Interest rates apply to new USD and EUR Current Accounts. Fresh funds for initial deposits are required and exclude transfers from existing UOB/FEB deposit accounts. Interest rates are floating and the rates shown are the maximum for each tier. The Bank reserves the right to revise the interest rates at any time without notice.

Useful Information

Uniplus Account Rates

Savings Amount	Rates
First S$3,000	0.2500
Next S$47,000	0.2750
Next S$50,000	0.3750
Remaining Balance Above S$100,000	0.4750

Commercial Banking