UOB Account Types

　　UOB offers several types of accounts tailored to meet various business and personal banking needs. The main account types include:

• Business Current Account:
• A fundamental account that provides hassle-free banking with high transaction flexibility.
• 24/7 access for daily banking needs.
• PIDM protection for deposits up to RM 250,000 per depositor.
• Foreign Currency Accounts:
• Allows businesses to manage foreign currencies efficiently.
• Attractive returns based on the currency of deposit.
• Includes both trade foreign currency accounts and investment foreign currency accounts.
• KrisFlyer UOB Account:
• Earns both interest and KrisFlyer miles as you save and spend.
• Offers up to 6 bonus miles for every S$1 spent on eligible transactions.
• High Yield Account:
• Available for Privilege Banking clients, offering higher interest rates based on deposit amounts.

　　

UOB Broker Account Opening Process

　　Opening a UOB account is a straightforward process that can be completed online. Heres how to get started:

• Verify Your Identity:
• Use the UOB SME app or UOB personal internet banking to verify your identity.
• Provide Business Information:
• Fill out the application form with details about your business, including the type of business entity.
• Submit Required Documents:
• For business accounts, you will need to provide documents such as:
• MyKad or other identification.
• Supporting documents for proof of address (e.g., utility bill, bank statement).
• Constitution document if applicable (for private limited companies).
• Transfer Initial Funds:
• Fund your new account with the minimum required deposit to activate it.
• Account Activation:
• Once your application is approved, you will receive confirmation, and your account will be ready for use.

　　For more details, you can visit the UOB website: UOB Online Account Opening.