Foreign Exchange Services

UOB offers you foreign exchange services on spot, forward and swap basis to meet your trading needs and funding requirements.

Services

Benefits

  • Enjoy competitive rates for a wide range of foreign currencies and the ability to hedge your foreign exchange exposures
  • You can secure/book FX rates in advance from a choice of more than 20 currencies (including major currencies) against Singapore Dollar and US Dollar
  • Corporates with less exposures can enjoy hedging benefits with a smaller contract size
  • Secure "live" foreign exchange rates online with UOB eFX service via Business Internet Banking and enjoy real-time foreign exchange services

Eligibility

Apply Now

  • If you are a corporation or small and medium-sized enterprise (SME), call us at +65 6535 4211
  • If you are a multi-national corporation (MNC), call us at +65 6233 6036
  • Contact Us
  • Visit us at:
    United Overseas Bank Limited
    Corporate Sales
    80 Raffles Place
    5th Storey UOB Plaza 1
    Singapore 048624

Notes

Value Date
Value date refers to the date on which actual exchange of funds i.e. payment/receipt takes place. Funds can only be used when they are credited with "good value". Foreign Exchange (FX) rates are generally quoted on a spot basis.

Spot Transactions
An FX spot transaction is a deal in which you and the Bank agree to exchange agreed-upon amounts of two different currencies at an agreed exchange rate for settlement in 2 business days. Spot rates can be adjusted to provide for transactions taking place today or tomorrow. These transactions are known as "Value Today" or "Value Tomorrow".

Forward Transactions
A forward transaction is an agreement between you and the Bank, which is agreed today, to exchange agreed-upon amounts of two different currencies at an agreed-upon rate/price for delivery on an agreed future date.

FX Swaps
An FX swap is a pair of currency transactions, one for purchase and one for sale, for two different value dates, one of which is spot.