UOB BizMax

UOB BizMax

Maximise your business banking potential with better cash management, savings on your local and cross border transaction fees, and attractive returns on your deposits.

  

Benefits

Complimentary DuitNow, IBG 
and RENTAS services

Complimentary DuitNow, IBG 
and RENTAS services

Unlimited fee waivers for DuitNow, IBG and RENTAS via UOB Infinity/ UOB SME App.

Complimentary 72 Foreign Telegraphic Transfers (TT)

Complimentary 72 Foreign Telegraphic Transfers (TT)

Fees waived for 72 outward TTs via UOB Infinity/ UOB SME App for 12 months.

Attractive daily interest

Attractive daily interest

Earn attractive daily interest on your deposits.

Stay updated with 
UOB Infinity/ UOB SME App

Stay updated with 
UOB Infinity/ UOB SME App

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

Preferential Rate for X'press Bank Guarantee

Preferential Rate for X'press Bank Guarantee

Enjoy X'press Bank Guarantee issuance/amendment fee at only 1.20% p.a.

At a glance

  • Feature
  • Description
Feature Description
Bank anytime online Complimentary access to UOB Infinity/ UOB SME App
Be notified Complimentary UOB eAlerts! Service Package 1 (subscription for 1 email address)
MT103 Acknowledgement Complimentary subscription for MT103 Acknowledgement Copy via UOB Infinity
Feature
Bank anytime online
Be notified
MT103 Acknowledgement

Rates & fees

  • Feature
  • Details
Feature Details
Initial deposit RM100,000
Minimum average daily balance RM50,000
Cheque clearing fee RM0.50 per cheque
Monthly service fee RM50 (for Current Account monthly average balance below RM50,000)
Early closure fee RM20, if closed within 3 months
Feature
Initial deposit
Minimum average daily balance
Cheque clearing fee
Monthly service fee
Early closure fee

Visit our Fees and Charges page here for more details.

Interest rates

  • Daily End Balance (RM)
  • Daily Interest Rates (% p.a.)
Daily End Balance (RM) Daily Interest Rates (% p.a.)
100,000.01 - 500,000.00 0.10
500,000.01 - 1,500,000.00 0.28
1,500,000.01 - 2,500,000.00 0.60
2,500,000.01 - 5,000,000.00 1.08
5,000,000.01 and above 1.75
Daily End Balance (RM)
100,000.01 - 500,000.00
500,000.01 - 1,500,000.00
1,500,000.01 - 2,500,000.00
2,500,000.01 - 5,000,000.00
5,000,000.01 and above

Interest rates effective 19 September 2022.

Requirements

Sole Proprietor
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Checklist of documents required for Sole Proprietor:

  • Identity Documents - MyKad(s) / NRIC(s) / Passport(s)
  • Proof of Business Address (if registered address on official document is different from EXPERIAN search)
  • Proof of Residential Address (where address is different from MyKad biometric or for foreigners)
  • Certificate of Registration of Business (Borang D/E)
  • Latest Trading / Business License
  • Business Registration Information Form: for Sabah - Form P.K. 2960 (L) - 94 | for Sarawak - Form R.20-Pind 1/86

Checklist of documents required for Partnership

  • Identity Documents - MyKad(s) / NRIC(s) / Passport(s)
  • Proof of Business Address (if registered address on official document is different from EXPERIAN search)
  • Proof of Residential Address (where address is different from MyKad biometric or for foreigners)
  • Account & Services Resolution
  • Certificate of Registration of Business (Borang D/E)
  • Latest Trading / Business License
  • Business Registration Information Form: for Sabah - Form P.K. 2960 (L) - 94 | for Sarawak - Form R.20-Pind 1/86

Checklist of documents required for Limited Liability Partnership (LLP)

  • Identity Documents - MyKad(s) / NRIC(s) / Passport(s)
  • Proof of Business Address (if registered address on official document is different from EXPERIAN search)
  • Proof of Residential Address (where address is different from MyKad biometric or for foreigners)
  • Notice of Registration
  • Certificate of Registration of Business
  • Limited Liability Partnership Agreement
  • Account & Services Resolution

Checklist of documents required for Private Limited Company

  • Identity Documents - MyKad(s) / NRIC(s) / Passport(s)
  • Proof of Business Address (if registered address on official document is different from EXPERIAN search)
  • Proof of Residential Address (where address is different from MyKad biometric or for foreigners)
  • Account & Services Resolution

 

[Companies Act 1965]

  • Certificate of Incorporation
  • Form 44 - Notice of Situation of Registered Office and of Office Hours and Particulars of Charges, where applicable
  • Form 49 - List of Directors, Managers and Secretaries
  • Form 24 - Return of Shareholdings
  • Memorandum and Articles of Association

 

[Companies Act 2016]

  • Certificate of Incorporation, where applicable
  • The Application of Registration of a Company form or Notification of Change in the Register of Directors, Managers and Secretaries form or latest Form 49, whichever is applicable
  • The Application for Registration of a Company form or Return for Allotment of Shares form or Form 24, whichever is applicable
  • The Application for Registration of a Company form or Notification for Change in the Registered Address form or Form 44, whichever is applicable
  • Constitution
  • Memorandum and Articles of Association

Checklist of documents required for Society / Club / Association

  • Identity Documents - MyKad(s) / NRIC(s) / Passport(s)
  • Proof of Business Address (if registered address on official document is different from EXPERIAN search)
  • Proof of Residential Address (where address is different from MyKad biometric or for foreigners)
  • Certificate of Registration
  • Constitution, Rules and/or By-laws
  • Statement of particulars of the present principal office bearers
  • Minutes of Committee Meeting
  • Account & Services Resolution

Frequently asked questions

What is the Current Account BizMax Program (BizMax)?
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BizMax for short is a business depository current account denominated in Ringgit Malaysia (MYR).

You can apply for the BizMax Account with an initial deposit of just RM100,000.

  • Complimentary DuitNow, Interbank GIRO and RENTAS services via Infinity or UOB SME
  • Preferential Rate for X'press Bank Guarantee with 1.20%p.a for issuance or amendment fee
  • Fee waiver for 72 outward TT transactions via UOB Infinity per annum

Interest rates effective 19 September 2022

Daily End Balance (RM) Daily Interest Rate (%p.a) 
50,000.01 to 750,000.00 0.10
500,000.01 to 1,500,000.00 0.28
1,500,000.01 to 2,500,000.00 0.60
2,500,000.01 and 5,000,000.00 1.08
5,000,000.01 and above 1.75

Business entities that have:

  • Sole proprietor
  • Partnership
  • Limited Liability Partnership
  • Private Limited Company
  • Society / Club

Ready to apply?

Ready to apply?

Earn higher interest rates and enjoy unlimited online transactions with zero fees.

 

 

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.

 

 

Additional information

Terms & Conditions
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Terms and Conditions Governing the UOB BizMax Account: ENG | BM

Deposit Insurance Scheme

Deposit Insurance Scheme

Protected by PIDM up to RM250,000 for each depositor.

 

Please refer to UOB List of PIDM Insured Deposit for a list of UOB accounts / products that are covered under the System.

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    Have questions?

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