1. Business
  2. Transact
  3. Deposit and Cash Management
  4. UOB eBusiness Account

eBusiness Account

  • ebusinessebusiness

    UOB eBusiness Account

    No Account Fees^ | Free FAST Transfers | 5 min to apply online

    Apply now

Faster Applications Online

Our online application process has been enhanced to be fast, simple and secure with MyInfo Business. Enjoy less hassle as the form gets pre-filled and you can save time by skipping the branch visit.

Save time

Fast application in just 5 minutes, no branch visit required*

Secure and Simple

Online form gets pre-filled by retrieving your details via MyInfo Business

Faster Account Opening

Be notified of account status within
1 business day

*Notes:

  • 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 will be processed immediately and applicant(s) will be notified of the account status within 1 business 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

Apply Now

Benefits

UOB eBusiness Account offers you a suite of banking services so that you can manage your business anytime, anywhere.
No Account Fees^ and Low minimum balance

No Account Fees^ and Low minimum balance

Minimum average daily balance of S$5,000 only.

Free Access to Online Banking

Free Access to Online Banking

Waiver of monthly subscription for Business Internet Banking Plus (BIBPlus) Bulk Services .

 

*From now until 31 Dec 2019, enjoy waiver of up to 2 free BIBPlus tokens for new BIBPlus registrations.

Free FAST transactions

Free FAST transactions

Rebates* on 1st 30 outgoing single FAST/PayNow FAST transactions per month via BIBPlus.

*Rebates are not applicable to Bulk, Recurring, & Post-Dated FAST transactions.

Free Bulk GIRO Payroll transactions

Free Bulk GIRO Payroll transactions

100% rebates on Bulk Payroll  transaction charges via BIBPlus.

Digitalise your business operations at zero cost

Digitalise your business operations at zero cost

Get free access to UOB BizSmart digital business operation tools.

Round-the-clock convenience

Round-the-clock convenience

Bank at your convenience at any ATM island wide with free UOB Corporate ATM Card^.

Receive free eAlerts! email notifications on your account.

Features and Pricing

  • Monthly and Annual Account Fee: NIL
  • Minimum Initial Deposit: S$1,000
  • Minimum Balance: $5,000
  • Fall Below Fee: S$15 (for average daily balance below S$5,000)
  • Internet Banking (BIBPlus) with Bulk Functionalities: FREE
  • Bulk Payroll Transactions: FREE
  • Transaction alerts on email (eAlerts): FREE
  • FAST transaction free: Rebates* on 1st 30 per month, S$0.50 per subsequent transaction
    *Rebates are not applicable to Bulk, Recurring, & Post-Dated FAST transactions.
  • Over-the-counter cash deposit and withdrawal fee: S$20 per transaction
  • Cheque clearing charges: $0.75 per cheque
  • Early closure fee: S$30 (for closure within 6 months)

Note: For Foreign Incorporated Companies, Account Setup Fee of minimum S$500 applies.

Apply Now

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 2016 and 2017

Best SME Bank 2016 and 2017

The Asian Banker

The International Excellence in Retail Financial Services Awards

Requirements

Checklist of documents required for Sole Proprietor

  • Account Opening Form
  • ACRA Business Profile Search
  • 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.

 Visit any branch or leave your contact details for more information on other incorporation (including companies incorporated outside of Singapore) types

Checklist of documents required for Partnership

  • Account Opening Form
  • ACRA Business Profile Search
  • Identity Documents - NRIC(s) / Passport(s)
  • Proof of Residential Address (For Foreigners)
  • FATCA Self Certification or IRS Withholding Certificate*
  • Account Opening Resolution
  • Certified True Copy of Partnership Deed

*Mandatory document for declaration of U.S. or Non U.S. persons.

  Visit any branch or leave your contact details for more information on other incorporation (including companies incorporated outside of Singapore) types

Checklist of documents required for Limited Liability Partnership (LLP)

  • Account Opening Form
  • ACRA Business Profile Search
  • Identity Documents - NRIC(s) / Passport(s)
  • Proof of Residential Address (For Foreigners)
  • FATCA Self Certification or IRS Withholding Certificate*
  • Account Opening Resolution
  • Certified True Copy of Partnership Deed

*Mandatory document for declaration of U.S. or Non U.S. persons.

  Visit any branch or leave your contact details for more information on other incorporation (including companies incorporated outside of Singapore) types

Checklist of documents required for Private Limited Company

  • Account Opening Form
  • ACRA Business Profile Search
  • Identity Documents - NRIC(s) / Passport(s)
  • Proof of Residential Address (For Foreigners)
  • FATCA Self Certification or IRS Withholding Certificate*
  • Account Opening Resolution
  • Certified True Copy of Constitution
  • Common Reporting Standard Form

*Mandatory document for declaration of U.S. or Non U.S. persons.

  Visit any branch or leave your contact details for more information on other incorporation (including companies incorporated outside of Singapore) types

Checklist of documents required for Society / Club / Association / Clan

  • Account Opening Form
  • Identity Documents - NRIC(s) / Passport(s)
  • Proof of Residential Address (For Foreigners)
  • Account Opening Resolution
  • Rules and By-Laws of Clubs / Constitution of Club / Clan
  • Certificate of Registration from ROS OR Approval from approriate Registrar OR Government Gazette listing
  • FATCA Self Certification or IRS Withholding Certificate

  Visit any branch or leave your contact details for more information on other incorporation (including companies incorporated outside of Singapore) types

UOB BizSmart important notes and disclaimers apply. Visit uob.com.sg/bizsmart for full details. 

^Terms and conditions governing the UOB eBusiness Account and the UOB Business Debit Cardmember Agreement apply.

 

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.

Please refer to UOB Insured Deposit Register for a list of UOB accounts / products that are covered under the Scheme.

For more information on the Deposit Insurance Scheme, please click here.