3 cash management pitfalls SMEs should be aware of
Proper cash flow management is crucial for SMEs. Here are some pitfalls you should be aware of and avoid them.
Find out more
5 ways to help your small business survive
UOB continues to extend unwavering support, especially in these challenging times through our value-added services under UOB BizSolution/BizMoney for SMEs.
Find out more
Understand the risks of import / export trades
Be aware of the trade financing and solutions available so that you can understand how to better manage your cash flow and cross-border trading risks.
Find out more
Why business insurance can help SMEs prosper
Business insurance protects company from unforeseen issues, improves the company’s credibility and boost employee productivity.
Find out moreGuides & Insights
Join our SME Community
Subscribe for your regular dose of business tips, insights, and inspiration.
Find out more
-
you are in Business Banking
For Individuals
Personal BankingWealth BankingPrivilege BankingPrivate BankUOB ReferralFor Companies
Wholesale BankingForeign Direct InvestmentUOB ASEAN InsightsIndustry InsightsAbout IBOR Transition
Changes to Benchmark RatesUOB Islamic Banking
Islamic BankingAbout UOB
Corporate ProfileStakeholder RelationsUOB Digitalisation
Benefits
Easy to Manage
Monthly statement will be sent to you to keep you updated of your transactions and current balance with no charge.
Convenient
UOB Business Internet Banking 24-hour Electronic Banking Centres
Protected
Eligible for protection by PIDM.
Requirement
-
Feature
-
Description
| Feature | Description |
| Minimum initial deposit | RM500 |
| 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) |
| Feature |
| Minimum initial deposit |
| Eligibility |
Visit our Fees and Charges page here for more details
Terms and Conditions Basic Current Account-i is available under the concept of Qard. Under the concept of Qard, the Bank takes an interest free loan from the Customer, transferring the funds’ ownership from the Customer to the Bank. The Bank is therefore allowed to use the funds for banking activities. The loan is payable upon demand by the Customer at any time, and the Bank guarantees the return of the principal amount on request. The above contract guarantees the Customer’s principal and is protected by Perbadanan Insurans Deposit Malaysia (PIDM) up to RM250,000.00 for each depositor. Deposit Insurance System |
You may also like
Account & Transact
Business Current Account-i
The only Shariah-compliant Business Current Account-i for your business.
- An account with 24/7 access for your daily banking
- Enjoy flexibility of managing funds
- Protected by PIDM up to RM250,000 for each depositor
Account & Transact
Investment Foreign Currency Account-i
Maximise your extra cash with UOB Investment Foreign Currency Account-i.
- Flexible investment with liquidity
- Profit rates on selected currencies when a minimum average monthly balance is met.
- Foreign currencies accepted for deposit are US Dollar, Australian Dollar, New Zealand Dollar, Sterling Pound, Euro, Hong Kong Dollar, Singapore Dollar and Japanese Yen
Account & Transact
Trade Foreign Currency Account-i
Get an account that can cross borders as easily as you.
- Protect you against exchange rate currency fluctuation
- Call account pays interest subject to a specified minimum average balance
- Wide selection of major foreign currencies are US Dollar, Australian Dollar, New Zealand Dollar, Sterling Pound, Euro, Hong Kong Dollar, Singapore Dollar and Japanese Yen
We're here to help
Have a question?
Speak with us
Locate Us
We use cookies in order to provide you with better services on our website. By continuing to browse the site, you agree to our privacy notice and cookie policy.
