An everyday account for your business needs.
Free cheque books that are automatically replenished
|Initial deposit||Minimum Average Daily Balance||Monthly Fall-below Fee||Early closure fee||Annual Account Fee||Over-the-Counter Cash Deposit & Withdrawal|
(for average daily balance below S$10,000)
|S$50 (for closure within 6 months of account opening)||S$35
(w.e.f. 1 January 2020)
|S$5 per OTC cash deposit/withdrawal of S$3,000 and below from the 6th transaction onwards per month|
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.