Basic Current Account

A business banking account for your day-to-day transactions

Benefits

Easy to Manage

Receive free monthly statements to stay updated on your transactions and balance.

Stay updated with  UOB Infinity/ UOB SME App

Convenient banking with UOB Infinity/UOB SME & 24-hour Electronic Banking Centres.

Protected

Eligible for protection by PIDM.

Rates & fees

Types of fees	Amount
Stamp duty on cheque book (per leaf)	RM1.00
Half-Yearly Service Charge with average balance less than RM1,000	RM10.00
Account closure within 3 months of opening	RM20.00
Option 1 : No Annual Fee on ATM/Debit Card*	• 1st 6 over-the-counter transactions: Free • Next over-the-counter transaction: RM1.00 • 1st 8 ATM cash withdrawals: Free • Next ATM cash withdrawal: RM1.00 • First 2 Interbank GIRO transactions: RM0.10 • Interbank GIRO transactions: Click here
Option 2: Annual Fee on ATM/Debit Card*	• Annual Fee: RM8.00 • ATM cash withdrawal / over-the-counter transactions: Free
Option 3: For Senior Citizens with no annual fee on ATM/Debit Card*	• 1st 16 over-the-counter transactions: Free • Next over-the-counter transaction: RM1.00 • ATM cash withdrawal / over-the-counter transaction: RM1.00
Application for Temporary Excess processed (for Islamic Accounts)	RM100.00 per application
Ta'widh on outstanding excess amount (for Islamic Accounts)	Based on prevailing Islamic Interbank Money Market (IIMM) rate
Overdraft Interest (For Conventional Accounts)	• Excess overdraft interest charge: 3.50% + Prescribed Rate • Minimum Interest charge: RM10.00
Stop Payment Instruction	RM10.00 per cheque
Outward returned Cheque due to insufficient fund	RM100.00 per Cheque
Audit Confirmation fee per financial year	• For last financial year: RM30.00 • For other financial years: RM50.00 (For every year)
Service charge on destruction of uncollected cheque book	RM10.00 per book
Cheque encashed by non-nominated persons	RM3.00 per cheque
Service charge on destruction of uncollected cheque book	RM10.00 per book
Cheque encashed by non-nominated persons	RM3.00 per cheque
Stamp duty on Oral/Fax Indemnity	RM10.00
Stamp duty on account mandate	RM10.00
Dormant account fee	RM10.00 per annum
Cheque Processing Fee (Effective 2nd January 2015)	RM0.50

Types of fees

Stamp duty on cheque book (per leaf)

Half-Yearly Service Charge with average balance less than RM1,000

Account closure within 3 months of opening

Option 1 : No Annual Fee on ATM/Debit Card*

Option 2: Annual Fee on ATM/Debit Card*

Option 3: For Senior Citizens with no annual fee on ATM/Debit Card*

Application for Temporary Excess processed (for Islamic Accounts)

Ta'widh on outstanding excess amount (for Islamic Accounts)

Overdraft Interest (For Conventional Accounts)

Stop Payment Instruction

Outward returned Cheque due to insufficient fund

Audit Confirmation fee per financial year

Service charge on destruction of uncollected cheque book

Cheque encashed by non-nominated persons

Service charge on destruction of uncollected cheque book

Cheque encashed by non-nominated persons

Stamp duty on Oral/Fax Indemnity

Stamp duty on account mandate

Dormant account fee

Cheque Processing Fee (Effective 2nd January 2015)

*ATM/Debit Card is only allowed to be linked to Basic Savings Account / Basic Savings Account-i / Basic Current Account / Basic Current Account-i

Requirements

Eligibility

Must be 18 years old and above
Must be Malaysian or permanent resident
An introducer acceptable to the Bank is required
Applicable to Small and Medium Enterprise (SME)
Minimum initial deposit of RM500
Please also bring the following supporting document(s):
Original Identity Card (IC) for Malaysians and Passport for foreigners
Utility bill (e.g. Water/Electricity/Telephone Bills, Quit Rent, Assessment Note/Bank Statement/Employer's Confirmation Letter) in your name and address

Ready to apply?

Note: For account opening at our branches, please bring along the completed account opening form and necessary documents. Visit our Forms page to download the detailed checklist of documents and application form required for submission.