eBusiness Account

  • ebusinessebusiness

    Ideal for start-ups.

    Skip the queue and book an appointment with us online.

    Apply now
  • business accountbusiness account

    Take the wait out of opening your business account

    Skip the queue and book an appointment with us online.

    Apply now

Benefits

With the UOB eBusiness Account and supporting tools, you can enjoy cost savings and increase business efficiency, giving your business the boost that it needs.
Transaction savings

Transaction savings

Show moreShow less
Convenient online banking

Convenient online banking

Show moreShow less
  • Low minimum average daily balance of S$5,000
  • Waiver on monthly subscription of UOB Business Internet Banking Plus (BIBPlus) premium services
  • 100% rebates on Bulk Payroll transactions via BIBPlus
  • Free eAlerts! email notification on your account
  • Free UOB corporate ATM card
  • S$1 rebate on every outward telegraphic transfer*
  • Manage your account anytime, anywhere on BIBPlus
  • Benefit from extended cut-off time for Telegraphic Transfer, Payroll and GIRO transfers
Ease of access

Ease of access

Show moreShow less
Link to UOB Business Debit Card

Link to UOB Business Debit Card

Show moreShow less
Link to UOB Corporate Deposit Card

Link to UOB Corporate Deposit Card

Show moreShow less
  • 24-hour access to more than 1,000 ATMs** and 160 Cash Deposit Machines
  • 24-hour access via BIBPlus
  • UOB eAlerts! notifications on your account balances and trade transactions
  • Enjoy 0.3% cash rebates^ on your transactions
  • Earn up to 20% SMART$ rebate^
  • A deposit-only card to deposit cash into the current account
  • No restrictions on the number of cards issued for each company account
  • No PIN or account number required when making deposit
  • No account balance is displayed on screen or receipt
  • More on UOB Corporate Deposit Card

Requirements and Fees

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

 

Fees

 

Initial DepositMinimum Daily BalanceFall-below FeeEarly Closure FeeOver-the-Counter Cash Deposit & Withdrawal
S$1,000 S$5,000 S$15 S$30 (for closure within 6 months) S$20

Additional Privileges

Exclusive offer

Exclusive offer*

Show moreShow less
BizSmart – Payroll Management

BizSmart – Payroll Management

Show moreShow less
  • Waiver of 6 months fall below fee
  • 6 months waiver of 10 FAST Transactions per calendar month
  • 30-day free trial# on HReasily
  • HReasily integrates with UOB Business Internet Banking Plus to issue itemised payslips in accordance with Ministry of Manpower requirements
BizSmart – Accounting Management

BizSmart – Accounting Management

Show moreShow less
Additional Privileges for UOB Business Debit Card^

Additional Privileges for UOB Business Debit Card^

  • Waiver of 1st year annual fee (S$36 per year per card)

UOB Business App

UOB Business App

Show moreShow less
  • 30-day free trial# on Xero
  • Xero receives direct UOB account feeds for quick account reconciliation and gives you a real-time~ view of your cashflow.

Disclaimer

*For businesses less than 1 year from Date of incorporation. Terms and conditions governing the eBusiness Start-Up Promotion apply.

**Includes the Shared ATM Network

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

~The term "real-time" refers to a day (other than Saturday, Sunday and Singapore public holidays) on which financial institutions in Singapore are open for business

#Terms and conditions governing 30-day HReasily and Xero Trial apply. Please visit HReasily and Xero website for details.

 

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.

How to Apply

Apply now

Apply now

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

Click here

Visit a UOB Branch

Disclaimer

*For businesses less than 1 year from Date of incorporation. Terms and conditions governing the eBusiness Start-Up Promotion apply.

**Includes the Shared ATM Network

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

~The term "real-time" refers to a day (other than Saturday, Sunday and Singapore public holidays) on which financial institutions in Singapore are open for business

#Terms and conditions governing 30-day HReasily and Xero Trial apply. Please visit HReasily and Xero website for details.

 

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.