HomeAccounts & TransactBizGlobal Account
UOB BizGlobal Account

UOB BizGlobal Account

Save more with US$38 outward telegraphic transfer fees and low trade financing fees.

Important Notice:

With effect from 3 August 2020, the interest rates for BizGlobal accounts will be revised. Click here for more information.

With effect from 1 October 2021, the account early closure fees for the UOB BizGlobal Account will be revised. Click here for more information.

Earn interest and save on your USD trade transactions

Earn interest

Earn interest

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

Free Inward Telegraphic Transfers

Free Inward Telegraphic Transfers

Waiver of Inward Telegraphic Transfer fees.

Preferential fees for Telegraphic Transfers

Preferential fees for Telegraphic Transfers

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

Save on Trade Transactions

Save on Trade Transactions

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

Preferential rate for Trade Financing

Preferential rate for Trade Financing

Preferential discounting rate2 for Export Letter of Credit.

Stay updated

Stay updated

Waiver on MT103 copy subscription fees on UOB Infinity (digital banking for business).

Waiver on fees for Cash and Trade eAlerts (SMS and email).3

Rates and fees

  • Feature
  • Details
Feature Details
Initial deposit US$1,000
Minimum average daily balance US$80,000
Monthly fall-below fee US$80 (waived for account opening month and subsequent 1 month)
Early closure fee S$50 or equivalent (for closure within 12 months of account opening)
Feature
Initial deposit
Minimum average daily balance
Monthly fall-below fee
Early closure fee

Requirements

Am I eligible to apply?
chevron

The BizGlobal account is open to:

  • Singapore incorporated companies
  • Foreign incorporated companies
  • Societies, Clubs, Associations, Clans

Required Documents

  • Account Opening Form
  • 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.)

 

Additional Documents (Sole Proprietor)

  • ACRA Business Profile Search

 

Additional Documents (Partnership / Limited Liability Partnership)

  • ACRA Business Profile Search
  • Account Opening Resolution
  • Certified True Copy of Partnership Deed

 

Additional Documents (Private Limited)

  • ACRA Business Profile Search
  • Account Opening Resolution
  • Certified True Copy of Partnership Deed
  • Common Reporting Standard Form

 

Additional Documents (Society / Club / Association / Clan)

  • Account Opening Resolution
  • Certified True Copy of Partnership Deed
  • Common Reporting Standard Form
  • Rules and By-Laws of Clubs / Constitution of Club / Clan
  • Certificate of Registration from ROS / Approval from approriate Registrar / Government Gazette listing

Ready to apply? Complete your submission in just 5 minutes.4

Ready to apply?
Complete your submission in just 5 minutes.4

  • Log in to Myinfo Business
    1
    Log in to Myinfo Business
  • Add your business details
    2
    Add your business details
  • Verify your submission
    3
    Verify your submission
  • Get your account!
    4
    Get your account!

Additional information
chevron

Accounts opening Terms & Conditions

4Note:

  • This service is currently only applicable to Singapore registered Sole Proprietor, Partnership and Private Limited Companies fully owned by individuals (i) Singapore Citizens or (ii) Permanent Resident. For Private Limited Companies, the directors must be also the approved signatories and approved persons of the company, not exceeding 2.
  • Applications must be submitted between 8.30am – 9pm to have the account opened instantly. Applications received outside these timings will be processed on the next working day.
  • Applications submitted through this service are subject to approval by UOB Bank and the bank reserves the right to request for additional documents to support the account opening.

Terms & Conditions Governing the UOB BizGlobal Account
Terms & Conditions Governing Accounts & Services 
Additional Terms & Conditions Governing Accounts & Services
Terms and Conditions For Handling of Documents Under Letter of Credit

1 As low as 1/24% (for documents sent without checking); 1/16% (for documents sent with checking). Minimum SGD 75 per bill applies.
2 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.
3 To enjoy the waiver of Cash eAlerts via SMS, the BizGlobal account has to be designated as the eAlerts! billing account.

You may also like

UOB BizSmart
Go Digital

UOB BizSmart

Spend less time managing invoices, employees, and inventory with easy-to-use digital solutions.

  • Balance your accounts easily
  • Streamline payroll and scheduling
  • Track inventory across locations
UOB BizTransact Account
Accounts & Transact

UOB BizTransact Account

Save more than S$2,500 yearly on FAST and GIRO transaction fees.

  • Best for established businesses
  • 300 free outgoing FAST/Paynow and 300 free GIRO Payment and collection transactions per month
  • No monthly or annual account fee
  • Minimum average daily balance of S$50,000
Trade Services
Trade

Trade Services

Capitalise on your trade opportunities, all while managing cross-border risk.

  • Finance your imports and exports
  • Secure Letters of Credit
  • Access dedicated Trade Counters
Single BannerSingle Banner

We're here to help

SupportCenter

Have a question?

ContactUs

Speak with us

LocateUs

Locate Us