UOB Bank Singapore is one of Singapore’s main local banking groups, serving personal, wealth, SME, corporate and regional customers through branch banking, UOB TMRW, Personal Internet Banking, cards, loans, deposits, PayNow, FAST, GIRO and international transfer services. For 2026, the most useful way to review UOB is to separate its role as a licensed Singapore bank from the practical details customers check before opening an account: minimum deposits, fall-below fees, digital access, branch availability, transfer codes and official verification points.
MAS Regulated
UOB TMRW
PayNow and FAST
Fees May Change
United Overseas Bank Limited
1935
Monetary Authority of Singapore
UOVBSGSG
Main Details
| Bank Name | United Overseas Bank Limited |
| Common Name | UOB Bank Singapore |
| Founded | 1935 |
| Headquarters | UOB Plaza, 80 Raffles Place, Singapore 048624 |
| Singapore Licence Context | Listed in the MAS Financial Institutions Directory |
| Group CEO | Wee Ee Cheong, Deputy Chairman and Chief Executive Officer |
| Main Digital Platform | UOB TMRW and UOB Personal Internet Banking |
| Official Website | UOB Singapore |
UOB is part of Singapore’s local banking landscape alongside DBS and OCBC. Customers comparing local bank access can also review DBS Bank Singapore and OCBC Bank Singapore for branch network, digital banking, account and transfer differences.
UOB Singapore Account Options in 2026
UOB offers several Singapore dollar deposit accounts for different customer needs. The table below focuses on practical account selection points: minimum initial deposit, fall-below fee, product use and the official check point. Interest rates, promotions and eligibility rules can change, so the live UOB product page and the official fees guide should be checked before applying.
| Account | Minimum Initial Deposit | Fall-Below Fee | Main Use | Digital Access | Official Check |
|---|---|---|---|---|---|
| UOB One Account | S$1,000 | S$5 if monthly average daily balance falls below S$1,000 | Salary credit, card spend, GIRO-linked bonus interest structure | UOB TMRW and Personal Internet Banking | UOB One Account |
| UOB Stash Account | S$1,000 | S$2 if monthly average daily balance falls below S$1,000 | Savings account for maintaining or growing monthly average balance | UOB TMRW and Personal Internet Banking | UOB Stash Account |
| UOB Lady’s Savings Account | S$1,000 | S$2 if average balance for the month falls below S$1,000 | Savings account linked with UOB Lady’s ecosystem and eStatement access | UOB TMRW and Personal Internet Banking | Lady’s Savings Account |
| KrisFlyer UOB Account | S$1,000 | S$2 if monthly average daily balance falls below S$1,000 | Miles-linked banking for customers who use KrisFlyer-related products | UOB TMRW and Personal Internet Banking | KrisFlyer UOB Account |
| Passbook Savings Account | S$500 for Singaporeans and PRs; S$1,000 for foreigners | S$2 if minimum average daily balance is less than S$500 | Traditional savings account with passbook-style access | UOB TMRW support may depend on setup and account access | Passbook Savings Account |
| Uniplus Account | S$500 for Singaporeans and PRs; S$1,000 for non-Singaporeans | S$2 if average daily balance falls below S$500 | Everyday savings and debit card use | UOB TMRW and Personal Internet Banking | Uniplus Account |
| Current Account | S$1,000 | S$7.50 if average daily balance falls below S$3,000 | Cheque and transaction account needs | UOB TMRW and Personal Internet Banking | Fees Guide |
| Singapore Dollar Fixed Deposit | S$5,000 | Not applicable in the same way as savings accounts | Fixed tenor deposit placement | Placement and renewal options depend on customer profile | SGD Fixed Deposit |
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For broader account research, compare UOB’s account requirements with documents for account opening and the difference between online and branch applications in Singapore.
Banking Services Offered by UOB Singapore
Personal Banking
UOB personal banking covers savings accounts, current accounts, debit cards, credit cards, fixed deposits, PayNow, FAST transfers, GIRO, bill payments and statement services.
Wealth Banking
UOB offers wealth, Privilege Banking and private banking services for eligible customers. Product suitability, risk rating and advisory documentation should be checked directly with the bank.
Cards and Payments
UOB cards support everyday spending, rewards, cashback, miles and mobile wallet use. Fees, annual waivers and foreign transaction charges vary by card type.
Home Loans and Credit
UOB provides home loans, car loans, personal finance and business credit products. Borrowers should review effective rates, lock-in terms, repricing costs and early repayment terms.
Business Banking
Business customers can use UOB business accounts, UOB Infinity, trade services, payroll support, collections, payments and financing products.
Regional Banking
UOB’s regional network is relevant for customers with ASEAN trade, cross-border payment, foreign currency or wealth management needs.
Common UOB Fees and Balance Rules
UOB fee information should be treated as a live bank term, not a permanent figure. The table below summarises selected published account and service charges that customers often check before opening or using an account.
| Fee or Rule | Applies To | Published Amount | Customer Check | Official Verification |
|---|---|---|---|---|
| Minimum Initial Deposit | UOB One Account | S$1,000 | Check whether online application, MyInfo or branch appointment rules apply. | Fees Guide |
| Fall-Below Fee | UOB One Account | S$5 below S$1,000 average daily balance | Monthly average balance is not the same as one day’s closing balance. | Fees Guide |
| Fall-Below Fee | Stash, Lady’s Savings and KrisFlyer UOB Account | S$2 below S$1,000 average daily balance | Check if any waiver applies to new online accounts or promotions. | Fees Guide |
| Fall-Below Fee | Passbook Savings and Uniplus Account | S$2 below S$500 average daily balance | Foreign customer minimum initial deposit can differ from Singaporean and PR minimums. | Fees Guide |
| Current Account Fall-Below Fee | Current Account | S$7.50 below S$3,000 average daily balance | Cheque use, statement type and monthly service fees may affect cost. | Fees Guide |
| Cheque Book Fee | Selected accounts with cheque book access | S$10 per cheque book | Some wealth tiers may have waivers; check the account type. | Fees Guide |
| Cheque Stop Payment | Cheque services | S$10 via Personal Internet Banking; S$30 via call centre or branch | Use the correct channel before submitting the request. | Payment Services |
| Early Account Closure Fee | Selected savings accounts | S$30 within 6 months for selected accounts | Confirm the fee on the exact product page before closing an account. | Product Fees |
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Published account charges can change after product revisions, promotional periods, public notices or service updates. For wider fee research, compare this with interbank transfer fees, ATM withdrawal charges and international transfer costs.
UOB Digital Banking in Singapore
UOB’s main retail digital channel is UOB TMRW, supported by Personal Internet Banking. Customers use these channels for account balances, payments, PayNow, Scan to Pay, FAST transfers, card services, eStatements, saved payees, contact detail updates and digital token authentication.
UOB TMRW App
- Supports PayNow, Scan to Pay, funds transfer and account monitoring.
- Includes access to eStatements, card services and selected account actions.
- UOB has promoted faster access to PayNow and Scan to Pay through the UOB TMRW widget.
- Customers should keep push notifications enabled for transaction and service alerts.
Personal Internet Banking
- Provides browser-based access to account and payment services.
- UOB announced a refreshed Personal Internet Banking preview period from 24 June to mid-July 2026.
- Some legacy features are being phased out, with alternatives through UOB TMRW or refreshed online banking.
- Use only UOB’s official login page and avoid entering banking credentials through search ads or unknown links.
| Digital Service | What It Does | Customer Check |
|---|---|---|
| PayNow | Send and receive SGD using mobile number, NRIC, FIN or UEN without sharing a full bank account number. | Confirm registered name before sending. Review PayNow setup in Singapore for local transfer context. |
| FAST | Instant SGD transfer service across participating Singapore banks. | Daily limits and recipient details still matter. See how FAST transfers work. |
| GIRO | Recurring deductions for bills, loan payments, taxes or account-linked criteria. | Failed GIRO can affect bill payment and bonus interest conditions. |
| eStatements | Digital access to monthly statements and advices through UOB TMRW or Personal Internet Banking. | UOB states digital statements can be archived for up to 5 years after subscription. |
Official digital banking checks: UOB TMRW, Personal Internet Banking and UOB PayNow.
Branches, ATMs and In-Person Access
UOB customers can use UOB branches, Wealth Banking Centres, Privilege Banking Centres, ATMs, cash deposit machines, cheque deposit services and online appointment tools. Branch status, queues, renovation notices and weekend banking can change, so the official locator should be checked before visiting.
Branch Services
Useful for account opening support, document checks, complex instructions, selected card matters and customer service requests that require identity verification.
ATM and Self-Service
UOB’s locator includes self-service banking filters such as cash withdrawal, cash deposit, passbook update and cheque deposit options.
Appointment Tools
UOB’s branch page includes options to plan a visit, make an appointment or get a queue number where supported.
Weekend Banking
Some locations may support Saturday access. Use the official filter rather than assuming every branch follows the same weekend schedule.
For a local directory layout with address and map links, use the dedicated UOB Singapore branch locations page. For route planning and branch status, verify through the official UOB locator.
UOB SWIFT Code, Bank Code and Transfer Details
For international transfers to UOB Singapore, the commonly listed SWIFT/BIC is UOVBSGSG. For local clearing and GIRO-style bank code checks, UOB’s bank code is commonly listed as 7375, while the branch code depends on account type and account number structure.
| Bank | United Overseas Bank Limited |
| SWIFT / BIC | UOVBSGSG |
| Bank Code | 7375 |
| Branch Code | Varies by branch and account number prefix; check UOB’s official ACH bank and branch code guide. |
| Used For | International remittances, local transfers, GIRO setup, beneficiary bank identification and payment forms. |
| Official Check | UOB payment details and ACH code guide |
Before sending funds, match the beneficiary name, account number, bank name, SWIFT/BIC and local bank code details. For a dedicated transfer lookup page, use UOB Singapore SWIFT code, or compare with the Singapore bank code list.
UOB Financial Indicators
UOB’s latest full-year financial reference point for this page is FY2025. The bank reported lower full-year net profit compared with FY2024, while customer deposits, gross customer loans and total assets grew year on year. These figures are group-level financial indicators, not product advice.
Selected FY2025 Ratio View
Bar widths use a simple editorial scale for readability and should be read with the table values below.
| Metric | FY2025 | FY2024 | Change | Note |
|---|---|---|---|---|
| Net Profit | S$4.682 billion | S$6.045 billion | -23% | Lower year on year after higher allowances and margin pressure. |
| Gross Customer Loans | S$352.180 billion | S$337.831 billion | 4% | Loan book expanded year on year. |
| Customer Deposits | S$425.938 billion | S$403.978 billion | 5% | Deposit base grew year on year. |
| Total Assets | S$572.061 billion | S$537.664 billion | 6% | Group total assets increased. |
| Net Interest Margin | 1.89% | 2.03% | -0.14 percentage points | Lower benchmark rates affected margins. |
| Cost-to-Income Ratio | 44.6% | 44.1% | 0.5 percentage points | Operating cost ratio moved slightly higher. |
| NPL Ratio | 1.5% | 1.5% | 0 percentage points | Reported stable year on year. |
| CET1 Capital Adequacy Ratio | 15.1% | 15.5% | -0.4 percentage points | Capital ratio remained above regulatory minimums. |
| Return on Average Ordinary Shareholders’ Equity | 9.6% | 13.3% | -3.7 percentage points | Lower profit reduced reported ROE. |
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Financial figures should be checked against the UOB financial results page before being used for investment, credit or business decisions.
Recent Banking and Product Updates
UOB listed its 1Q26 Trading Update on the investor relations financial results page. Customers and investors should use the official financial results page for the latest quarterly release.
UOB Personal Internet Banking entered a refresh period, with a preview from 24 June to mid-July 2026 and selected legacy features moving to alternative channels.
UOB stated that PayNow nickname display would be discontinued from 6 June 2026 as part of an industry move to reduce impersonation risk.
UOB reported FY2025 net profit of S$4.682 billion, total assets of S$572.061 billion and customer deposits of S$425.938 billion.
Opening a UOB Account in Singapore
UOB account opening can be digital or branch-assisted depending on the account, customer status and identity verification route. Singapore citizens and PRs may be able to use MyInfo for selected applications. Foreigners, employment pass holders, students and business owners may need extra documents or a branch appointment.
Choose the Account Type
Compare minimum deposit, average balance rules, fall-below fee, card link, GIRO needs and digital access before applying.
Prepare Identity and Address Documents
Typical documents can include NRIC, passport, FIN, proof of residential address, pass documents, student documents or company documents depending on customer type.
Submit Online or Book a Branch Visit
Use the official UOB application page or branch appointment flow. Do not submit identity documents through unofficial forms.
Activate Digital Banking and Payments
After approval, set up UOB TMRW, digital token, PayNow, eStatements, card controls and transfer limits.
Foreigners and work pass holders should also review EP and S Pass account steps. Tourists and short-term visitors should check whether they meet bank onboarding rules before relying on branch walk-in availability.
Deposit Insurance and Customer Protection
UOB’s Singapore dollar deposits that qualify under the Deposit Insurance Scheme are insured by Singapore Deposit Insurance Corporation up to the statutory limit. UOB states that insured depositors can be compensated up to S$100,000 in aggregate per depositor per Scheme member for insured Singapore dollar deposits, subject to the scheme rules.
Deposit insurance does not mean every product sold by a bank is insured. Investment products, structured products, foreign currency balances and market-linked products can have different risk and protection treatment. Check the product document, UOB disclosure and the UOB Deposit Insurance Scheme page before treating any balance as insured.
How UOB Compares With Other Singapore Banks
UOB is usually compared with local peers for everyday banking, high-interest savings accounts, credit cards, branch access, wealth banking and regional ASEAN services. A fair comparison depends on salary credit, card spend, GIRO habits, foreign currency needs and whether the customer prefers mobile-first banking or branch support.
UOB, DBS and OCBC
UOB, DBS and OCBC are local banks with wide Singapore banking coverage. UOB may be relevant for customers who value UOB One Account mechanics, UOB cards, TMRW features or ASEAN-linked banking access. DBS and OCBC should be compared separately for account interest criteria, card rewards and branch convenience.
UOB and International Banks
Compared with international banks such as Standard Chartered Singapore, UOB’s local bank position may appeal to customers who want a Singapore-headquartered bank with local payment integration and regional Asian coverage.
| Comparison Area | What to Check at UOB | Why It Matters |
|---|---|---|
| Savings Account Returns | Salary credit, eligible card spend, GIRO transactions and balance tiers. | Bonus interest depends on behaviour, not only account opening. |
| Branch Access | Nearest branch, Saturday availability, appointment requirements and service type. | Not every location handles every service or has the same hours. |
| Digital Banking | TMRW app features, digital token, PayNow, FAST and statement access. | Daily banking often depends more on app reliability and limits than on branch count. |
| Foreign Transfers | SWIFT details, fees, FX spread, correspondent bank costs and recipient bank charges. | International transfer cost is rarely only the visible transfer fee. |
Verification Notes
Bank profile details, product terms, fees, deposit insurance notes, payment instructions and branch information should be verified through official sources before use. Primary verification points for this page are the UOB Singapore website, UOB investor relations, MAS directory, UOB fees guide, UOB branch locator and UOB deposit insurance notes.
FAQ
Is UOB a local bank in Singapore?
Yes. United Overseas Bank Limited is a Singapore-headquartered local bank and is listed in the Monetary Authority of Singapore Financial Institutions Directory.
What is UOB Singapore’s SWIFT code?
UOB’s commonly listed Singapore SWIFT/BIC is UOVBSGSG. For international payments, confirm the exact beneficiary details and bank instructions before sending funds.
What is UOB’s bank code in Singapore?
UOB’s bank code is commonly listed as 7375. Branch code treatment can depend on account structure, so check UOB’s official bank and branch code guide for the exact account.
Can foreigners open a UOB account in Singapore?
Foreigners may be able to apply if they meet UOB’s onboarding and documentation rules. Passport, FIN, pass type, proof of address, employment or student documents may be requested depending on the account and customer profile.
Does UOB support PayNow and FAST?
Yes. UOB supports PayNow and FAST through its digital banking channels. Customers should still check transfer limits, registered names and recipient details before confirming a payment.
Are UOB deposits insured in Singapore?
Eligible Singapore dollar deposits are insured under the Deposit Insurance Scheme, subject to SDIC rules and limits. Not every bank product is a protected deposit.
