For businesses with high transactional needs, UOB BizTransact Account comprises a suite of cash management products and services that allows you to transact conveniently, turning your transactions into more savings.
Complimentary monthly subscription for Bulk Services.
$0.50 rebate per transaction on up to 300 outgoing FAST/PayNow FAST transactions per month via UOB Infinity.
Enjoy preferential commission charges on Outward Telegraphic Transfer via UOB Infinity at 1/16%, min S$10, max S$50.
Standard cable and/or agent fees apply.
100% rebates on Bulk GIRO Payroll transaction charges via UOB Infinity.
$0.20 rebate per transaction on up to 300 GIRO Payment and Collection transactions per month via UOB Infinity.
Bank at your convenience at any ATM islandwide with free UOB Corporate ATM card.
Receive free eAlerts! email notifications on your account.
|Initial Deposit||Minimum daily balance||Monthly Fall-below fee||Early closure fee||Cheque clearing charges||Over-the-Counter Cash Deposit & Withdrawal|
|S$1,000||S$50,000||S$50 (for average daily balance below S$50,000. Waived for account opening month and subsequent 1 month.)||S$200
(for closure within 12 months)
|S$0.75 per cheque||S$20 per transaction|
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.