Online Account Opening

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    Boost your cash bonus with a UOB Business Account.

    Simply open a business account, top up fresh funds and make qualifying transactions.

    Apply Now

Promotion

Earn double cash bonus of up to $1,288 when you open a business account online, deposit fresh funds and make qualifying transactions.

 

How it works:

Step 1:

Open a UOB Business Account by 30 September 2020

Step 2:

Earn cash bonus when you top up and maintain fresh funds of at least $30,000

- The first incremental $30,000 top up will earn you $25 cash bonus

- Subsequently, every incremental $50,000 top up will earn you $25 cash bonus

Step 3:

Double your cash bonus to $50 for each incremental top up tier when you perform any 2 of the following qualifying transactions:

- Book a FX contract of at least S$20,000 (or its foreign currency equivalent)

- Any GIRO payment or collection

- At least 2 OTT/ITT transactions

- Incoming or outgoing PayNow Corporate transactions of at least S$10,000

 

New UOB Customers will receive an additional welcome cash bonus of $38!

 

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 15 July to 30 September 2020.

If you top up $180,000 and consistently maintain the top-up account balance:

First $30,000 top up = $25
Remaining $150,000 top up = ($150,000/$50,000) x $25 = $75
Top-up cash bonus earned = $100

Your cash bonus will be doubled when you make 2 qualifying transactions:

First $30,000 top up = $50
Remaining $150,000 top up = ($150,000/$50,000) x $50= $150
Double cash bonus earned =  $200

Welcome cash bonus for new UOB customers = $38

Total cash bonus earned = $238

 

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
15 July – 31 August 2020 31 August 2020, 30 September 2020, 31 October 2020
1 September – 30 September 2020 30 September 2020, 31 October 2020, 30 November 2020

Maximum cash bonus to be earned from this promotion is $1,288 per account. For qualified customers, the crediting of cash bonus will be fulfilled within 2 months from 30 November 2020.

*Terms and Conditions Governing UOB Business Banking Unity 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

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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

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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 and Asia Pacific 2019

Best SME Bank in Singapore and Asia Pacific 2019

The Asian Banker

The International Excellence in Retail Financial Services Awards

~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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