Corporate Banking Fees

    GENERAL SERVICES
    SGD CURRENT ACCOUNT
    Minimum Initial Deposit S$1,000
    Minimum Balance Fee (per month) S$35 if the average daily balance for the month falls below S$10,000
    Account Early Closure Fee S$50 (for account closed within 6 months of account opening)
    Account Setup Fee
    (applicable to foreign incorporated companies only)    		 S$500 minimum
    Branch Processing Fee(s)
    (effective from 1 August 2019 for all account openings and updating of signatories processed at UOB Branches)    		 For corporate structures1 that consist of multi-layers of shareholdings with shareholders who are foreign entities, a fee of S$1000 is applicable for each layer of delayering.
    [1.Processing fee(s) is charged on top of Account Setup Fee applicable to foreign incorporated companies]
    Annual Account Fee S$35 (w.e.f. 1 January 2020)
    Over-the-counter (OTC) transaction fee $5 per OTC cash deposit /withdrawal
    Incidental Overdraft Charge (per month) for deposit accounts without credit limit Prime + 4% payable on overdrawn amount*
    [*Subject to minimum S$10 per month for Singapore Dollar Deposit Accounts]
    FOREIGN CURRENCY DEPOSIT ACCOUNTS
    Account Setup Fee (applicable to foreign incorporated companies only) S$500 minimum
    Branch Processing Fee(s)
    (effective from 1 August 2019 for all account openings and updating of signatories processed at UOB Branches)    		 For corporate structures1 that consist of multi-layers of shareholdings with shareholders who are foreign entities, a fee of S$1000 is applicable for each layer of delayering.
    [1.Processing fee(s) is charged on top of Account Setup Fee applicable to foreign incorporated companies]
    Minimum Initial Deposit
    US Dollar USD 1,000
    British Pound GBP 650
    Euro EUR 900
    Australian Dollar AUD 1,700
    Canadian Dollar CAD 1,700
    New Zealand Dollar NZD 2,000
    Hong Kong Dollar HKD 7,800
    Chinese Renminbi (offshore) CNH 50,000
    Japanese Yen JPY 150,000
    Swiss Franc CHF 1,500
    Minimum Average Daily Balance
    US Dollar USD 8,000
    Australian Dollar AUD 9,000
    British Pound GBP 5,000
    Canadian Dollar CAD 8,000
    New Zealand Dollar NZD 9,000
    Hong Kong Dollar HKD 60,000
    Chinese Renminbi (offshore) CNH 50,000
    Minimum Balance Fee (per month) if Average Daily Balance falls below Minimum Average Daily Balance
    US Dollar USD 28
    Australian Dollar AUD 32
    British Pound GBP 18
    Canadian Dollar CAD 28
    New Zealand Dollar NZD 32
    Hong Kong Dollar HKD 200
    Chinese Renminbi (offshore) CNH 150
    Monthly Service Fee
    Euro EUR 20
    Swiss Franc CHF 20
    Japanese Yen JPY 2,600
    Account Early Closure Fee S$50 or equivalent (for account closed within 6 months of account opening)
    Incidental Overdraft Charge (per month) for deposit accounts without credit limit Prime + 4% payable on overdrawn amount*
    [*Subject to the minimum charge in the following respective currency per month:]
    US Dollar USD 10
    Australian Dollar AUD 9
    British Pound GBP 4
    Canadian Dollar CAD 8
    New Zealand Dollar NZD 10
    Hong Kong Dollar HKD 40
    Foreign Currency Notes Deposit/Withdrawal Commission-in-lieu Charges
    Commission Charges 1% of the transaction amount for like-currency deposit/withdrawal

    Minimum Charge:
    • USD10
    • GBP10
    • EUR10
    • AUD20
    • NZD20
    • CAD20
    • CHF20
    • HKD100
    • JPY2,000
    CASHIER'S ORDERS
    Application by Account Holder S$5 per Cashier's Order
    Stop Payment S$20 (or its equivalent) per Cashier's Order
    Cancellation S$5 per Cashier’s Order
    CHEQUES
      Until 31 October 2023 From 1 November 2023
    Cheque Clearing Charges (Issuance)    
    Local SGD Cheques S$0.75 per cheque S$0.75 per cheque
    Local USD Cheques Free until further notice Free until further notice
    Cheque Clearing Charges (Deposit)    
    Local SGD Cheques S$0.75 per cheque S$0.75 per cheque
    Local USD Cheques Free until further notice Free until further notice
    Cheque Book Charges Free until further notice Free until further notice
    INTERBANK TRANSFERS VIA GIRO IN S$
    Via Business Internet Banking
    • Single/ Recurring
    • Bulk Payment/ Payroll/ Collection
    • Outward GIRO Return
       
    • Transaction Fee – $0.20 per item
    • Return Item via ACH – $1.00 per item
    • $10.00 per item
    Via Manual Form
    • Stop Bulk File/ Item
    		  
    • Processing Fee – $5 per file/ item
    Via Manual Form
    • Standing Order
    		  
    • Setup Fee – Waived
    • Amendment Fee – $5 per amendment (for salary payments, a fee of S$20 per amendment will apply)
    • Transaction Fee – $1 per item
    • Cancellation/ Suspension Fee
      • Waived (if cancellation / suspension made >6 months of set-up or last amendment)
      • S$10 (if cancellation / suspension made within 6 months of set-up or last amendment)
    INTERBANK TRANSFERS VIA FAST IN S$
    Via Business Internet Banking
    • Single/ Recurring
    • Bulk Payment/ Payroll/ Collection
    		  
    • Transaction Fee – $0.50 per item
    Via Manual Form
    • Standing Order
    		  
    • Amendment Fee – S$5 per amendment (for salary payments, a fee of S$20 per amendment will apply)
    • Transaction Fee – $5 per item
    • Cancellation/ Suspension Fee
      • Waived (if cancellation is made >6 months of set-up or last amendment)
      • S$10 (if cancellation is made within 6 months of set-up or last amendment)
    PAYNOW TRANSFERS IN S$
    FAST via Business Internet Banking
    • Single/ Recurring
    • Bulk Payment
    		  
    • Transaction Fee – $0.50 per item
    • PayNow Lookup Fee – Waived
    GIRO via Business Internet Banking
    • Bulk Payment
    		  
    • Transaction Fee – $0.40 per item
    • Return Item – $1.00 per item
    Registration via Business Internet Banking Waived
    Registration via Manual form Waived
    Incoming PayNow Transactions
    • Transaction Fee via FAST – $0.20*
    • Transaction Fee via GIRO – Waived
    *Enjoy promotional fee waiver until 31 December 2025. Terms & Conditions apply. Click here for more information.
    INTER-ACCOUNT FUNDS TRANSFER
    Via Business Internet Banking Waived
    At the branch (over-the-counter)
    • SGD to SGD Account
    • Cross-currency Account
    • Global Currency Account (same currency)
    • S$5 per transaction
    • S$15 per transaction
    • S$15 per transaction
    ATM FEES
    Replacement of ATM Card S$5
    Cash withdrawal on UOB ATMs in Singapore Free
    Cash withdrawal on shared ATM NETS Free
    CashCard statement printing
    (For last 10 transactions)    		 S$0.20 per statement
    (deducted from CashCard)
    SAFE DEPOSIT BOX SERVICE
    Key deposit S$100 (Refundable upon return of keys)
    For more information on rental charges, lost key charges, and availability of our Safe Deposit Boxes, please call our Customer Service Hotline: 1800 226 6121 (9am to 6pm, toll-free).
    OTHER SERVICES
    Audit Confirmation S$50 per request, or
    S$54 w/GST (where applicable)
    Statement Retrieval Charges All Statements
    Current and previous month:   Free
    Within 1 year: S$20 per copy
    Within 1 to 3 years: S$30 per copy
    More than 3 years: S$50 per copy