UOB Business
UOB Business: takes companies registered in 14 regions, listed below. We hold no rule from it on any of the 7 industries we track. Last verified October 17, 2026.
- United Overseas Bank Limited · bank licensed by the Monetary Authority of Singapore (local bank)
- MAS ·
Where it takes companies from
- United Kingdom
- EU / EEA (western & northern, plus Spain, Italy, Portugal)
- EU / EEA (Baltics, central & eastern, plus Croatia, Greece, Cyprus, Malta)
- Switzerland / Liechtenstein
- United Arab Emirates
- United States
- Developed Asia-Pacific
- CIS / Central Asia / Caucasus
- Latin America
- Middle East & North Africa
- Africa
- Jersey, Guernsey, Isle of Man, Gibraltar
- Other offshore centres
- Other
The regions its own documents name, read on October 9, 2026
Products it publishes
International payments and FXSays it offers this
Pay just S$15 for telegraphic transfers and enjoy competitive FX rates across more than 30 currencies.
Telegraphic Transfer S$15# - No limit, multiple currency options.
Company cardsSays it offers this
Accepting card paymentsSays it offers this
Enjoy a suite of payment acceptance services, enabling your retail payment acceptances through Electronic Data Capture (EDC) terminals for Visa, MasterCard, Alipay, JCB, UnionPay, WeChat.
Bulk payoutsSays it offers this
rebate on bulk GIRO payroll transaction charges via UOB Infinity or UOB SME App
Virtual accounts for your customersSays it offers this
With Virtual Account Services, unique virtual account numbers (VANs) are assigned to each of your customers or payers, allowing them to make payments directly to their designated VANs.
Client money accountSays it offers this
Safeguard your client's conveyancing money for property transactions.
EscrowSays it offers this
We safeguard your escrow funds and will act only upon authorised instructions.
Does not say it offers: Crypto on- and off-ramp, Safeguarding account
As its own pages say it, each quote with the date we read it. A product it does not mention is never shown as one it does not offer.
Currencies it holds
Holds EURa balance
Includes USD, AUD, CAD, EUR, JPY, NZD, GBP, CHF, HKD and CNH.
Holds GBPa balance
Includes USD, AUD, CAD, EUR, JPY, NZD, GBP, CHF, HKD and CNH.
Holds USDa balance; account details of its own for SWIFT payments
Holds CHFa balance
Includes USD, AUD, CAD, EUR, JPY, NZD, GBP, CHF, HKD and CNH.
Holds CADa balance
Includes USD, AUD, CAD, EUR, JPY, NZD, GBP, CHF, HKD and CNH.
Holds SGDa balance; account details of its own on the local payment system
A UOB eBusiness Account is for Singapore-registered businesses that want an affordable SGD business bank account with digital banking capabilities.
Holds HKDa balance
Includes USD, AUD, CAD, EUR, JPY, NZD, GBP, CHF, HKD and CNH.
Holds AUDa balance
Includes USD, AUD, CAD, EUR, JPY, NZD, GBP, CHF, HKD and CNH.
Only currencies its own pages name, each quote with the date we read it. A currency it does not mention is never shown as one it does not hold.
Policy by industry
No published rule (read in full on October 9, 2026): Crypto, iGaming, Adult, Unlicensed financial services, AI and SaaS, Forex and CFD, Marketplace
Has this rule changed? Tell us
Fees
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| UOB eBusiness Account | Not stated for Singapore companies; foreign-incorporated companies pay an account set-up fee of at least SGD 500 ('Account Setup Fee of minimum S$500') | SGD 35 a year account fee; SGD 15 a month fall-below fee if average daily balance is below SGD 5,000 (waived for the opening month and the next 11 months) | · Source |
| UOB BizTransact Account | Not stated for Singapore companies; foreign-incorporated companies pay an account set-up fee of at least SGD 500 | No annual fee; SGD 50 a month fall-below fee if average daily balance is below SGD 50,000 | · Source |
| UOB BizGlobal Account (USD) | Not stated for Singapore companies; foreign-incorporated companies pay an account set-up fee of at least SGD 500 | USD 80 a month fall-below fee if average daily balance is below USD 80,000 | · Source |
Closing an account
Unless otherwise stated in these General Terms, we may at any time without prior notice in our discretion and without giving any reason: (a) close any Account; and/or
Account closed or frozen? What UOB Business’s terms say
What we read
- Acceptable use and prohibited activities
- Searched, none published
- Help pages on particular industries
- Searched, none published
- Countries it takes
- Read · uob.com.sg/business/accounts/uob-ebusin…
- Countries it refuses
- Searched, none published · uob.com.sg/assets/web-resources/busines…
- Rules on owners and directors
- Read · uob.com.sg/business/accounts/uob-ebusin…
- Prices
- Read · uob.com.sg/business/accounts/uob-ebusin… · uob.com.sg/business/accounts/uob-biztra… · uob.com.sg/business/accounts/uob-bizglo…
- Terms on closing accounts
- Read · uob.com.sg/assets/web-resources/busines…
- Complaints
- Read · uob.com.sg/business/help-support/contac…
- Licence register
- Read · eservices.mas.gov.sg/fid/institution/de…