UOB (United Overseas Bank, Singapore)
retail bank
UOB is Singapore's third-largest bank, with strong regional presence in Malaysia, Thailand, Indonesia, and Vietnam. Like OCBC, retail accounts are easier for Singapore-resident applicants; non-residents access via Privilege Banking (SGD 350,000+ AUM) or Privilege Reserve (SGD 5M+). Multi-currency accounts cover most major Asian and Western currencies. US persons accepted with FATCA compliance. UOB's regional ASEAN footprint makes it well-suited for clients with cross-border Southeast Asia activity.
Details
- Headquarters
- Singapore
- Currencies
- 10
- Monthly Fee
- Free
- Non-Residents
- Accepted
- US Persons
- Accepted
- Debit Card
- Available
- Business Account
- Available
Opening Requirements
- •In-person visit to Singapore branch
- •Singapore EP / S Pass / DP / LTVP (for residents)
- •Passport + secondary photo ID for non-residents
- •Proof of address
- •Source-of-funds documentation
- •Initial deposit (Privilege Banking SGD 350,000+)
Restricted Nationalities
Not available to nationals of: north-korea, iran, cuba, syria
Nationality Acceptance Matrix
Who this provider will and will not onboard. Refusals are listed first. Sourced from the provider's own published terms and recent public onboarding reports — confirm with the provider before applying.
| Nationality | Accepted | Notes |
|---|---|---|
| russia | NO | Onboarding paused post-February 2022. |
| singapore | YES | Full domestic service. |
| us | YES | US persons accepted; FATCA-compliant. |
| malaysia | YES | Malaysian residents accepted; UOB Malaysia operates as separate subsidiary with own account-opening. |
| indonesia | YES | UOB Indonesia operates as separate subsidiary. |
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