United Overseas Bank (UOB)

Incorporated in 1935 with its global headquarters in Singapore, UOB has now grown to have a global network of more than 500 offices across 19 markets. UOB is rated among the world’s top banks – Aa1 by Moody’s and AA- by Standard & Poor’s and Fitch Ratings respectively – and has been named the ‘Best SME Bank in Asia Pacific 2021’ and ‘Best SME Bank in Singapore 2021’ by The Asian Banker and ‘Asia’s Best Bank 2021’ by Euromoney. Through our integrated regional network, local industry knowledge and sector specialisation, we help SMEs achieve their growth ambitions seamlessly, and offer innovative solutions to help them seize regional and in-market opportunities, sustainably.

Business Accounts Benefits at a Glance

UOB eBusiness Account

Best for start ups and young businesses

  • Save more than S$500 yearly on FAST and GIRO transaction fees
  • Low minimum deposit and annual fee.
  • 12 months fall-below free waiver

UOB BizTransact Account

Best for established businesses

  • Save more than S$2,500 yearly on FAST and GIRO transaction fees.
  • No monthly or annual fee and minimum average daily balance of S$50,000

UOB BizGlobal Account

Best for businesses with cross border trade

  • Save more cross border transaction fees
  • Flat US$38 outward telegraphic transfer fees and preferential trade financing fees.

UOB eBusiness Account

Best for start ups and young businesses

  • Save more than S$500 yearly on FAST and GIRO transaction fees
  • Low minimum deposit and annual fee.
  • 12 months fall-below free waiver

UOB BizTransact Account

Best for established businesses

  • Save more than S$2,500 yearly on FAST and GIRO transaction fees.
  • No monthly or annual fee and minimum average daily balance of S$50,000

UOB BizGlobal Account

Ideal for businesses that transact in US dollars

  • Save more cross border transaction fees
  • Flat US$38 outward telegraphic transfer fees and preferential trade financing fees.
Terms & Conditions

1 Flat fee includes cable charges, for each OTT transaction via UOB Infinity (digital banking for business). Agent charges (if any) apply separately and are not included under the flat fee.

~Discounts on GIRO and FAST transactions are on a rebate basis. Your account will be debited at the standard rate at the point of transaction and credited with rebates in the following month after the date of transaction.

*Terms & Conditions Governing the UOB eBusiness account, UOB BizTransact account and UOB BizGlobal account apply. Visit uob.com.sg/smeaccount for full information.

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.

Open a business account instantly from wherever you are.

Apply now with MyInfo Business and get your account approved in 5 minutes.

Welcome offer Receive $80 cashback* when you deposit S$30,000 fresh funds and make qualifying transactions. Plus, receive 100 free FAST transactions per month* with UOB BizTransact Account sign-up.
*T&Cs apply, Insured up to s$75k by SDIC.