Online Account Opening

  • UOB Business Account in the $108,880 Hongbao GiveawayUOB Business Account in the $108,880 Hongbao Giveaway

    Give your business a bullish start with a UOB Business Account in the $108,880 Hongbao Giveaway

    We are welcoming the new year with hongbaos for our SME customers. Open a UOB Business Account with fresh funds and start transacting to be rewarded!

    Apply Now

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

  • onlineaccountopeningonlineaccountopening

    Open a UOB Business Account easily

    With MyInfo Business, you can apply online in just 5 minutes. Our SGD accounts come with free FAST transfers and lower online transaction fees.

    Apply Now

$108,880 Hongbao Giveaway

Kick off the brand new year on a bull run in our Hongbao Giveaway with a total of $108,880 in cash bonus to be given out!
Follow the steps below to collect hongbaos to earn a cash bonus of up to $1,088.

Step 1:

Open a UOB Business Account by
28 February 2021.

Step 2:

Deposit fresh funds into the account by
28 February 2021 and maintain it until
30 April 2021


$ Every $100,000 deposited will earn you
1 hongbao

Step 3:

Perform these qualifying transactions from 1 February 2021 to 30 April 2021 to earn 1 hongbao for each type of transaction, up to a maximum of 3 hongbaos


$ Receive an inward GIRO

$ Receive an inward PayNow transaction

$ Receive an inward telegraphic transfer


How to qualify for more hongbaos

$ Top up fresh funds by 31 January 2021 and maintain it until 30 April 2021 to receive 2 additional hongbaos.

$ If you are new to UOB, we welcome you with another 2 additional hongbaos.


A total of $108,880 in cash bonuses are to be given out across 4 tiers of qualifying customers. At the end of the promotion, payouts will be allocated according to these criteria:

Tier No. of Customers Qualified Value of Each Payout Minimum Number of Hongbaos Required*
1 3 $1,088 20
2 10 $388 8
3 500 $108 2
4 702 $68 1

*The customer must have collected the required number of hongbaos to qualify for the respective tier.

Payouts in the form of cash bonuses will be awarded to customers who have collected the most number of hongbaos. If a customer is not one of the top qualifiers in the relevant tier, they will be considered for the subsequent tier until all payouts have been allocated. In the event of a tie, the customer with the higher deposit amount throughout the key dates, i.e. 28 February 2021, 31 March 2021 and 30 April 2021 will be prioritized to receive a payout in the relevant tier.

Calculations will be computed internally. All dollar amounts are stated in SGD.


Here is an example of how many hongbaos you will receive if you are a new customer of UOB and open an account with us between 4 January and 28 February 2021.

If you deposit $200,000 in fresh funds and maintain this amount throughout the promotion period:

Reward for topping up fresh funds ($200,000 / $100,000) -> 2 hongbaos
Reward for completing all 3 qualifying transactions 3 hongbaos
Reward for new UOB customers 2 hongbaos

Earn 2 additional hongbaos when you complete your top-up by 31 January 2021 and maintain the funds till 30 April 2021.

A total of 9 hongbaos will qualify you to earn a cash bonus of up to $388!


Business accounts can be opened and topped up over the participation period. The corresponding 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 by
Promotion Period
Maintain the top-up account balance throughout each of the periods ending on the key dates of
4 January to 28 February 2021 28 February 2021, 31 March 2021, 30 April 2021

Maximum cash bonus to be earned from this promotion is $1,088 per customer.

*Terms and Conditions Governing UOB Business Banking CNY Hongbao Giveaway Promotion (the “Promotion”) for New Customers apply. 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)


  • 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

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

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
    chargeson 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

Manage payments in foreign
currencies efficiently

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

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, 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


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.