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UOB Global Currency Account

UOB Global Currency Account

Manage your day-to-day cash flow in foreign currencies.

Efficiently manage payments in foreign currencies

Available in major foreign currencies

Available in major foreign currencies

Available currencies include US Dollar, Australian Dollar, Canadian Dollar, Euro, Japanese Yen, New Zealand Dollar, Sterling Pound, Swiss Franc, Hong Kong Dollar and Chinese Renminbi (offshore).

Dedicated support from FX Specialists

Dedicated support from FX Specialists

UOB FX specialists to support you in managing foreign exchange risks.

Simple to manage

Simple to manage

Receive SMS and/or email alerts on your account via UOB eAlerts! Services.

Interest Charges

With effect from 1 December 2022, the interest charge will be applicable to Japanese Yen (JPY) accounts only. The interest charge to Swiss Franc (CHF) accounts will be removed. Please see the Interest Charges table below for details.
  • Currency
  • Interest charges1
Currency Interest charges1
JPY 0.10% p.a.
Currency
JPY

1 Interest charges will be applied on all balances in the account, calculated on a daily basis, and is subject to periodic revision based on market conditions.

Interest Charge Example2:

Charge on an account with month average balance of JPY 50 million:

Interest Charge per Month
JPY 4,166.66
(JPY 50 million x 0.10% / 360 x 30)

 

2 360 days per annum interest calculation applies to JPY. Minimum Balance Fee for JPY will be replaced with a Fixed Monthly Service Fee of JPY2,600.

 

Requirements/Fees

 

  • Minimum initial deposit is required.
  • A minimum balance fee is applicable if the average daily balance falls below the minimum required:
  • $50 or equivalent (for closure within 6 months) from 1 October 2021

  • Currency
  • Initial Deposit
  • Minimum Average Daily Balance
  • Monthly Fall-Below Fee
  • Monthly Service Fee
  • Account Closure Fee
Currency Initial Deposit Minimum Average Daily Balance Monthly Fall-Below Fee Monthly Service Fee Account Closure Fee
USD USD 1,000 USD 8,000 USD 28 - S$50 or equivalent (for closure within 6 months of account opening)
GBP GBP 650 GBP 5,000 GBP 18 - S$50 or equivalent (for closure within 6 months of account opening)
EUR EUR 900 - - EUR20 S$50 or equivalent (for closure within 6 months of account opening)
AUD AUD 1,700 AUD 9,000 AUD 32 - S$50 or equivalent (for closure within 6 months of account opening)
CAD CAD 1,700 CAD 8,000 CAD 28 - S$50 or equivalent (for closure within 6 months of account opening)
NZD NZD 2,000 NZD 9,000 NZD 32 - S$50 or equivalent (for closure within 6 months of account opening)
HKD HKD 7,800 HKD 60,000 HKD 200 - S$50 or equivalent (for closure within 6 months of account opening)
CNH CNH 50,000 CNH 50,000 CNH 150 - S$50 or equivalent (for closure within 6 months of account opening)
JPY JPY 150,000 - - JPY 2,600 S$50 or equivalent (for closure within 6 months of account opening)
CHF CHF 1,500 - - CHF 20 S$50 or equivalent (for closure within 6 months of account opening)
Currency
USD
GBP
EUR
AUD
CAD
NZD
HKD
CNH
JPY
CHF

Requirements

Sole Proprietor
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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 of U.S. or Non U.S. persons under Requirements and Fees

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 appropriate Registrar OR Government Gazette listing

*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

Ready to apply? Complete your submission in just 5 minutes.3

Ready to apply?
Complete your submission in just 5 minutes.3

    Accounts opening Terms & Conditions
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    Important Notice:

    With effect from 2 November 2020, the interest rates for Australian Dollar (“AUD”), British Pound (“GBP”), Canadian Dollar (“CAD”), New Zealand Dollar (“NZD”) and Chinese Renminbi (“CNH”) will be revised. Click here for more information.

    With effect from 1 October 2021, the account fees for Chinese Renminbi will be revised. Click here for more information.

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

     

    To apply for a business account you will require:

    • CorpPass login credentials for your company
    • SingPass login credentials for all Business Owner, Partners and Directors (Singaporeans or PRs only)

    3Note:

    • 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 5.
    • 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 Accounts & Services (Non-Individual Customers)
    Additional Terms & Conditions Governing Accounts & Services (Non-Individual Customers)
    Revised Terms and Conditions Governing Accounts and Services (Non-Individual Customers)

    We will be updating clause 11 of the Terms & Conditions Governing Accounts & Services (Non-Individual Customers).
    Please refer to the revised Terms & Conditions Governing Accounts & Services (Non-Individual Customers).

     

    Your bank account should be for your own use and you are responsible for all transactions made through your bank account.

    Please click here for the full Advisory from the Singapore Police Force – Warning.

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