Global Currency Account

    • global currency accountglobal currency account

      Manage your day-to-day cash flow in foreign currencies

    Overview

    An everyday account for your multi-currency business needs.

    Important Notice:

    With effect from 1 December 2022, the interest charge will be applicable to Japanese Yen (JPY) accounts only. The interest charge to Swiss Franc (CHF) accounts will be removed. Check here for details” (using the attachment below).

    With effect from 1 Jan 2023, we will be updating clauses 16, 18, 26 of the Terms & Conditions Governing Accounts & Services (Non-Individual Customers) and clause B of Additional Terms & Conditions Governing Accounts & Services (Non-Individual Customers).

    Features

    Available in major foreign currencies

    Available in major foreign currencies

    Available currencies include US Dollar, Australian Dollar, Canadian Dollar, Euro, Japanese Yen, New Zealand Dollar, Sterling Pound, Swiss Franc, Hong Kong Dollar and Chinese Renminbi (offshore).

    Find out more
    money-sack

    Earn daily interest

    Daily interest on your account balance is applicable for selected currencies.

    Find out more
    monitor-transaction

    Account Management Tools

    Tools to help you manage your account with ease

    Show moreShow less
    Free Cheque Books

    Free Cheque Books

    Free cheque books that are automatically replenished.

    • UOB Infinity - Bank on the go with UOB Infinity, our digital banking platform for business. Experience simpler and faster banking services from your mobile device and desktop. Find out more
    • UOB eAlerts! - Receive SMS/email notifications on your account. Find out more

     

    Show less

    Requirements/Fees

    • Minimum initial deposit is required.
    • A monthly fall-below fee is applicable if the average daily balance falls below the minimum required:
      Currency Initial Deposit Minimum Average Daily Balance Monthly Fall-below Fee Monthly Service Fee Account Closure Fee
      USD USD 1,000 USD 8,000 USD 28 - S$50 or equivalent (for closure within 6 months of account opening)
      GBP GBP 650 GBP 5,000 GBP 18 -
      EUR EUR 900 - - EUR 20
      AUD AUD 1,700 AUD 9,000 AUD 32 -
      CAD CAD 1,700 CAD 8,000 CAD 28 -
      NZD NZD 2,000 NZD 9,000 NZD 32 -
      HKD HKD 7,800 HKD 60,000 HKD 200 -
      CNH CNH 50,000 CNH 50,000 CNH 150 -
      JPY JPY 150,000 - - JPY 2,600
      CHF CHF 1,500 - - CHF 20
    • With effect from 1 December 2022, the interest charge will be applicable to Japanese Yen (JPY) accounts only, in addition to the monthly service fee. The interest charge to Swiss Franc (CHF) accounts will be removed. Please see the Interest Charge table below for more details.

       

      Interest Charge* on JPY:

      Currency Interest Charge Per Annum (p.a.)
      JPY 0.10%
      *Interest Charge will be applied on all balances in the account and calculated on a daily basis, and is subject to periodic revision based on market conditions.

       

      Interest Charge Illustration#: 

      Charge on an account with average daily balance of JPY 50 million for the month of November:

      Interest Charge per Month JPY 4,166.66
      (JPY 50 million x 0.10% / 360 x 30)
      #360 days per annum interest calculation applies to JPY.

      Note: For Foreign Incorporated Companies, Account Setup Fee of minimum S$500 applies.

    Apply Now

    Download Form

    Please select your business type to download the relevant account application form:

    forms

     

    Call Us

    phone

    Call us at 1800 226 6121

    (Mondays to Fridays, 9.00am to 6.30pm, excluding public holidays)

    Via Branch

    location
    Locate a branch

     

    Advisory from the Singapore Police Force

    Your bank account should be for your own use and you are responsible for all transactions made through your bank account.

    Please click here for the full Advisory from the Singapore Police Force – Warning.