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UOB BusinessPLUS Account

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

• Flexibility
• Cost savings
• Convenience
• Better cash management

Benefits1

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 50EUR 30
* Applicable if account is closed within 12 months from opening.

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More Information

Important information on the use of UOB Accounts and Services

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.

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. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Singapore Dollar deposit(s), as listed in the UOB/FEB Insured Deposits Register (a copy of which is available here), if held by or for an “insured depositor” and subject to the applicable provisions of the Deposit Insurance and Policy Owners' Protection Schemes Act 2011 of Singapore (“Act”), is insured under the Deposit Insurance Scheme up to the limits for the time being specified in the Act. “Insured depositor” has the meaning prescribed in the Act.

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