Online Account Opening

  • onlineaccountopeningonlineaccountopening

    Build up towards $2,000 in cash bonus with a
    UOB Business Account

    Open a new account, deposit fresh funds and make the qualifying transactions to start earning cash bonus.

    Apply Now

    T&Cs apply. Insured up to S$75K by SDIC.

Promotion

Earn cash bonus of up to S$2,000 when you open a business account online, deposit fresh funds and make qualifying transactions.
New UOB Customers will receive a welcome cash bonus of S$50!

 

How it works:

Step 1:

Open a UOB Business Account by
30 November 2020.

Step 2:

Deposit and maintain fresh funds in the account. Every S$100,000 deposited will earn you a S$50 cash bonus.

Plus, receive a S$50 welcome cash bonus if you are new to UOB.

Step 3:

For every S$100,000 deposited, earn an additional S$10 cash bonus for each of these 3 qualifying transactions, up to S$30 cash bonus:

$ Receive at least S$10,000 inward GIRO and/or PayNow collections for 2 months*

$ Receive at least S$10,000 inward Remittances for 2 months*

$ Receive at least S$10,000 in receipts for 2 months* in the UOB designated account under UOB Merchant Services

 

* Defined as 2 consecutive months from the last day of the Participation Period.

 

Here is an example of how much cash bonus you will receive if you are new customer of UOB and open an account with us from 1 October to 30 November 2020.

If you deposit S$200,000 in fresh funds and maintain this this amount during the Promotion Period:

Cash bonus earned on S$200,000 deposit = (S$200,000/S$100,000) x S$50 = S$100
Welcome cash bonus for new UOB customer = S$50

Your cash bonus will be increased when you make any of the qualifying transactions:

Cash bonus earned with 3 qualifying transactions = (S$200,000/S$100,000) x (3 X S$10) = S$60

Total cash bonus earned = S$210

 

Business accounts can be opened and topped up over two participating periods. The corresponding periods where topped-up balances will need to be consistently maintained are reflected in the table below:

Participation Period
Open and top up new business account(s) by
Promotion Period
Maintain the top-up account balance consistently in the month-end of
1 October – 31 October 2020 31 October 2020, 30 November 2020, 31 December 2020
1 November – 30 November 2020 30 November 2020, 31 December 2020, 31 January 2021

Maximum cash bonus to be earned from this promotion is S$2,000 per account. For qualified customers, the crediting of cash bonus will be fulfilled within 2 months from 31 January 2021.

*Terms and Conditions Governing UOB Business Banking Perfect 10 Promotion (the “Promotion”) for New Customers apply. Depending on the currency of the account (S$ or US$), the amounts without any currency symbol indicated above shall be expressed to be in that currency. Click here for full information.

Instant Account Opening^

Setup your business account instantly^ when you apply online with MyInfo Business. With pre-filled fields, you can now submit your application anytime, anywhere.

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

Instant Account Opening^

Get notified on your new account number upon instant account opening

 

To apply for a business account you will require:

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

^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 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

Apply Now

UOB eBusiness Account
 

Ideal for businesses with low
balances

  • Low minimum daily balance
    of S$5,000
  • Up to 60 free outgoing single
    FAST/PayNow FAST
    transactions per month
  • Free bulk GIRO Payroll
    transactions

View details

UOB BizTransact Account
 

Enjoy savings on your online
banking transactions

  • Up to 100 free outgoing single
    FAST/PayNow FAST
    transactions per month
  • 50% off commission charges#
    on Outward Telegraphic
    Transfers (OTT)
  • S$0.20 rebate per transaction
    on up to 80 bulk GIRO
    Payment and Collection
    transactions per month

View details

UOB SGD Current Account
 

Simple, everyday account to
track your business balances

  • 30 free cheques per month
  • Up to 50 free outgoing
    FAST/PayNow FAST
    transactions per month~

View details

UOB Global Currency
 
Account

Manage payments in foreign
currencies efficiently

  • Available in nine major foreign
    currencies
  • Earn daily interest on your
    account balances (for selected
    currencies)

View details

Apply Now

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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, Asia and Asia-Pacific

Best SME Bank in Singapore, Asia and Asia-Pacific

The Asian Banker

The International Excellence in Retail Financial Services Awards 2020

Euromoney

Awards for Excellence 2020

~UOB Promotion (FAST and PayNow FAST Transfers) Terms & Conditions apply. Click here for more information. Rebates are not applicable to Bulk, Recurring, & Post-Dated FAST transactions.
#Standard cable and/or agent fees apply.

Terms and conditions Governing the UOB eBusiness Account, UOB BizTransact Account, UOB SGD Current Account and UOB Global Currency Account apply.
Terms & Conditions Governing Accounts & Services and Additional Terms & Conditions Governing Accounts & Services 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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