Foreign Exchange

  • foreign exchange servicesforeign exchange services

    Wide choices of hedging solutions at competitive rates to manage your Foreign Exchange exposures


UOB offers you foreign exchange services on spot, forward and swap basis to meet your trading needs and funding requirements.


  • Enjoy competitive rates for a wide range of foreign currencies and the ability to hedge your foreign exchange exposures
  • You can secure/book FX rates in advance from a choice of more than 20 currencies (including major currencies) against Singapore Dollar and US Dollar


  • To apply, all corporations have to set up an FX Line with the Bank. The FX line states the maximum amount and tenor that you may contract at any one time.

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  • Contact Us

    United Overseas Bank Limited
    Financial Institution Sales
    80 Raffles Place
    5th Storey UOB Plaza 1
    Singapore 048624

    Tel: 6233 6032

More Information

Value date refers to the date on which actual exchange of funds i.e. payment/receipt takes place. Funds can only be used when they are credited with "good value". Foreign Exchange (FX) rates are generally quoted on a spot basis.

An FX spot transaction is a deal in which you and the Bank agree to exchange agreed-upon amounts of two different currencies at an agreed exchange rate for settlement in 2 business days. Spot rates can be adjusted to provide for transactions taking place today or tomorrow. These transactions are known as "Value Today" or "Value Tomorrow".

A forward transaction is an agreement between you and the Bank, which is agreed today, to exchange agreed-upon amounts of two different currencies at an agreed-upon rate/price for delivery on an agreed future date.

An FX swap is a pair of currency transactions, one for purchase and one for sale, for two different value dates, one of which is spot.