UOB BizGlobal Account

  • bizglobal-accountbizglobal-account

     

     

     

    Earn cash bonus with a UOB Business Account

    Simply open a business account, top up fresh funds of minimum S100,000 and make qualifying transactions.

    Apply Now

    *Terms and conditions apply.
    SGD deposits are insured up to S$75k by SDIC.

Earn up to USD 2,000 cash bonus

Boost your business savings with UOB Business Account. Simply apply for an account, deposit fresh funds and make qualifying transactions. Follow the steps below to earn cash bonus of up to USD 2,000.

Step 1 Step 2 Step 3
Open a new UOB business account from 1 April 2021 to 31 May 2021.

For existing customers:

To participate in the UOB Business Banking Power Up Promotion, register online at uob.com.sg/bbsme.
Deposit a minimum of USD 100,000 in a UOB business account from 1 April 2021 to 31 May 2021 and maintain these funds till 31 August 2021. Perform any of these qualifying transactions from 1 June 2021 to 31 August 2021 to qualify for the promotion.
  • Book a FX contract of at least S$20,000 (or its foreign currency equivalent)
  • Receive at least 2 inward remittance
  • Receive at least 2 inward GIROs
  • Receive at least 2 incoming PayNow transactions

Here is an example of how much cash bonus you will receive if you are a new customer of UOB and open an account with us from 1 April 2021 – 31 May 2021:

If you deposit USD 200,000 fresh funds, perform any of the qualifying transactions as stated above and maintain this amount till 31 August 2021:

Cash Bonus earned on USD 200,000 deposit with any qualifying transaction = (USD 200,000/USD 100,000) x USD 80 =USD 160 Total cash bonus = USD 260

The maximum cash bonus to be earned from this promotion is USD 2,000 per account
Welcome cash bonus for new UOB Customer = USD 50
Deposit funds before 30 April and maintain till 31 August 2021 = USD 50

 

The period where topped-up balances will need to be consistently maintained is reflected in the table below:

Participation Period

Open and top up new business account between
Promotion Period

Maintain the top-up account balance throughout each of the periods ending on the key dates of
1 April 2021 – 31 May 2021 31 May 2021, 30 Jun 2021, 31 July 2021, 31 Aug 2021

^Terms and Conditions Governing UOB Business Banking Power Up Promotion (the “Promotion”). For new customers, visit uob.com.sg/smeQ2new and for existing customers, visit uob.com.sg/smeQ2 for more information.

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$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

United Overseas Bank Limited Co. Reg. No. 193500026Z

Benefits

For businesses that transact in US dollar, the UOB BizGlobal Account offers holistic benefits on your cash management and trade finance transactions. In addition, you can enjoy attractive interest on your deposits and competitive transaction fees.

Earn Interest

Earn Interest

Earn 0.08% p.a. on your USD deposits from the first dollar

Preferential Fees for Outward Remittances

Preferential Fees for Outward Remittances

USD 38 flat fee, including cable charges, for each Outward Telegraphic Transfer transaction via UOB Infinity (digital banking for business).

 

Agent charges (if any) apply.

Free Inward Telegraphic Transfers

Free Inward Telegraphic Transfers

Waiver of Inward Telegraphic Transfer fees.

Save on Trade Transactions

Save on Trade Transactions

Enjoy as low as 1/24%* on your Export Letter of Credit negotiation fees, plus waiver on trade commission-in-lieu of exchange fee.

 

* As low as 1/24% (for documents sent without checking); 1/16% (for documents sent with checking). Minimum SGD 75 per bill applies.

Discounted Rate for Trade Financing

Discounted Rate for Trade Financing

Preferential discounting rate** for Export Letter of Credit

 

** Preferential rate to be offered by the Bank is on a selective basis and subject to prevailing terms and conditions. Minimum USD 200 per bill applies. For more information, please contact your Trade Sales representative.

Stay Updated on your Account Activities with our Complimentary Services

Stay Updated on your Account Activities with our Complimentary Services

- Waiver on MT103 copy subscription fees on UOB Infinity (digital banking for business).
- Waiver on fees for Cash and Trade eAlerts! (SMS and email)

 

^ To enjoy the waiver of Cash eAlerts via SMS, the BizGlobal account has to be designated as the eAlerts! billing account.

Requirements and Fees

Initial DepositMinimum Daily BalanceMonthly Fall-below FeeEarly Closure Fee
USD 1,000 USD 80,000 USD 80 (waived for account opening month and subsequent 1 month) SGD 30 for closure within 6 months from date of account opening

Why Choose UOB

Banking convenience

Banking convenience

Extensive Branch Network

Over 50 branches and 1200 ATMs island-wide

Dedicated Business Banking Hotline (12 Hours)

Dedicated Business Banking Hotline (12 Hours)

6259 8188

8am - 8pm, Mon - Sat, excl. Public Holidays

Best SME Bank in Singapore, Asia and Asia-Pacific

Best SME Bank in Singapore, Asia and Asia-Pacific

The Asian Banker

The International Excellence in Retail Financial Services Awards 2020

Euromoney

Awards for Excellence 2020

How to Apply

Apply now

phone

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

Click here

Visit a UOB Branch

location

Locate us

Locate a branch