1. Business
  2. Transact
  3. Accounts
  4. Online Account Opening

Online Account Opening

  • onlineaccountopeningonlineaccountopening

     

     

     

    Earn cash bonus with a UOB Business Account

    Simply open a business account, top up fresh funds of minimum S100,000 and make qualifying transactions.

    Apply Now

    *Terms and conditions apply.
    SGD deposits are insured up to S$75k by SDIC.

Earn up to S$2,000 cash bonus

Boost your business savings with UOB Business Account. Simply apply for an account, deposit fresh funds and make qualifying transactions. Follow the steps below to earn cash bonus of up to $2,000.

Step 1 Step 2 Step 3
Open a new UOB business account from 1 April 2021 to 31 May 2021.

For existing customers:

To participate in the UOB Business Banking Power Up Promotion, register online at uob.com.sg/bbsme.		 Deposit a minimum of S$100,000 in a UOB business account from 1 April 2021 to 31 May 2021 and maintain these funds till 31 August 2021. Perform any of these qualifying transactions from 1 June 2021 to 31 August 2021 to qualify for the promotion.
  • Book a FX contract of at least S$20,000 (or its foreign currency equivalent)
  • Receive at least 2 inward remittance
  • Receive at least 2 inward GIROs
  • Receive at least 2 incoming PayNow transactions

Here is an example of how much cash bonus you will receive if you are a new customer of UOB and open an account with us from 1 April 2021 – 31 May 2021:

If you deposit S$200,000 fresh funds, perform any of the qualifying transactions as stated above and maintain this amount till 31 August 2021:

Cash Bonus earned on S$200,000 deposit with any qualifying transaction = (S$200,000/S$100,000) x S$80 =S$160 Total cash bonus = S$260

The maximum cash bonus to be earned from this promotion is S$2,000 per account
Welcome cash bonus for new UOB Customer = S$50
Deposit funds before 30 April and maintain till 31 August 2021 =S$50

 

The period where topped-up balances will need to be consistently maintained is reflected in the table below:

Participation Period

Open and top up new business account between		 Promotion Period

Maintain the top-up account balance throughout each of the periods ending on the key dates of
1 April 2021 – 31 May 2021 31 May 2021, 30 Jun 2021, 31 July 2021, 31 Aug 2021

^Terms and Conditions Governing UOB Business Banking Power Up Promotion (the “Promotion”). For new customers, visit uob.com.sg/smeQ2new and for existing customers, visit uob.com.sg/smeQ2 for more information.

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.

United Overseas Bank Limited Co. Reg. No. 193500026Z

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
    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
    FAST/PayNow FAST
    transactions per month
  • Preferential commission
    charges# on Outward
    Telegraphic Transfers
    via UOB Infinity at 1/16%,
    min S$10, max S$50
  • S$0.20 rebate per transaction
    on up to 80 GIRO
    Payment and Collection
    transactions per month

View details

UOB SGD Current Account
 
Simple, everyday account to
track your business balances

  • 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

Apply Now

Apply Now

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, 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.

uob-fuelpoweruob-fuelpower