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

eBusiness Account

  • ebusinessebusiness

    Fresh beginnings with UOB eBusiness Account

    Open a new business account and be rewarded with up to S$400 worth of shopping vouchers* when you top up and maintain fresh funds.

    *T&Cs apply

    Apply now

Promotion

Receive up to S$400 worth of shopping vouchers with UOB business account

Simply place in fresh funds on your new UOB business account and maintain the balance till 31July 2019 to get shopping vouchers!

 

How it works
Step 1:

Step 1:

Open a UOB business account between 1 May 2019 to 31 May 2019

Step 2:

Step 2:

Top up at least S$100,000 by 31 May 2019 and maintain the balance till 31 July 2019



Step 3:

Step 3:

Get additional S$50 worth of shopping vouchers when you perform any of the transactions on your account:

  • Any Outgoing Giro Payments
  • 2 Outward Telegraphic Transfer (OTT) transactions
  • 2 Outgoing PayNow Corporate transactions

Top-Up Reward Table

Top-Up Account Balance Tier Top-Up Reward
Top up by 31 May 2019 and maintain the balance consistently in the periods ending 31 May 2019, 30 June 2019 and 31 July 2019		 Transaction Reward
Perform any of the transactions as indicated above
S$100,000 – S$199,999 S$50 S$50
S$200,000 – S$299,999 S$150
S$300,000 and above S$350

Terms and Conditions Governing UOB Business Banking Spring Promotion for New Customers (“Promotion”) apply. Click here for more information

Benefits

UOB eBusiness Account offers you a suite of banking services so that you can manage your business anytime, anywhere.
No Account Fees^ and Waiver of Fall Below Fee

No Account Fees^ and Waiver of Fall Below Fee

Fall below fee waiver for month of account opening and the subsequent month

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 (Waived for the month of account opening and the subsequent month)
  • 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

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

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 and Asia Pacific 2019

Best SME Bank in Singapore and Asia Pacific 2019

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$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.

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.

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