Singapore Dollar Current Account

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    Enjoy low initial deposit of S$1,000 and 30 free cheques per month

    Skip the queue, open an account with us online.

    Apply now

Benefits

Simple to manage

Simple to manage

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  • Low initial deposit of S$1,000
  • 30 free cheques per month
  • Free UOB corporate ATM Card
  • Receive monthly statement of account(s)
  • Receive SMS and/or email alerts on your account via UOB eAlerts! services
  • Monitor transactions via Business Internet Banking Plus (BIBPlus)
  • Automatic replenishment of cheque books
Ease of access

Ease of access

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Link to UOB Business Debit Card

Link to UOB Business Debit Card

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Link to UOB Corporate Deposit Card

Link to UOB Corporate Deposit Card

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  • Fulfil your business needs at any UOB branch islandwide
  • 24-hour access to more than 1,000 ATMs* and 160 Cash Deposit Machines
  • 24-hour access via BIBPlus
  • Get access to additional funds with an overdraft facility (subject to approval)
  • Enjoy 0.3% cash rebates** on your transactions
  • Earn up to 20% SMART$ rebate**
  • A deposit-only card to deposit cash into the current account
  • No restrictions on the number of cards issued for each company account
  • No PIN or account number required when making deposit
  • No account balance displayed on screen or receipt
  • More on UOB Corporate Deposit Card

Requirements and Fees

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 approriate 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

 

Fees 

Initial depositMinimum daily balanceFall-below feeEarly closure feeCheque clearing chargesBusiness Internet Banking Plus (BIBPlus)
S$1,000 S$10,000 S$35 S$30 (for closure within 6 months) Waived for the first 30 cheques per month. Subsequent cheques at $0.50 each S$20 monthly subcription for BIBPlus Premium Services

How to Apply

Apply now

Apply now

Book an appointment with any of our UOB branches or Relationship Managers to open the account.

Click here

Visit a UOB Branch

Disclaimer

* Includes the Shared ATM Network

** Terms and conditions of the UOB Business Debit Card 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$50,000 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.