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Foreign Currency Account

Foreign Currency Account

Maximise your extra cash.

Benefits

Attractive returns

Attractive returns

Attractive returns in terms of higher interest rates depending on the currency of your deposit.

Flexibility

Flexibility

Flexible placement periods, ranging from overnight to 12 months.

Earn interest

Earn interest

Call account pays interest subject to a specified minimum average balance.

Available in major foreign currencies

Available in major foreign currencies

Foreign currencies accepted for deposit are US Dollar, Australian Dollar, New Zealand Dollar, Sterling Pound, Euro, Hong Kong Dollar, Singapore Dollar and Japanese Yen.

Type of Foreign Currency Account

  • Account
  • Description
Account Description
UOB Foreign Currency Time Deposit Account With the UOB Foreign Currency Time Deposit Account, you can deposit your foreign currencies for a period ranging from 1 to 12 months and enjoy amazing high interest rates!
UOB Trade/Investment Foreign Currency Account Enjoy the flexibility of withdrawing your foreign currencies as and when you like, with option to place your foreign currencies in the UOB Trade/Investment Foreign Currency Account. Unlike any other current account, you get to earn interest, depending on your minimum average balance. That's not all! No minimum deposit is required. This means that you can enjoy the flexibility of truly being in control of your own money.
Account
UOB Foreign Currency Time Deposit Account
UOB Trade/Investment Foreign Currency Account

Fixed Deposit Account (Foreign) Rates - Corporate
View the latest rates here

Supported Currencies

Interest/profit is paid at the end of each month, subject to maintaining the minimum average monthly balance as below:
  • Currency
  • Minimum Monthly Average Balance
Currency Minimum Monthly Average Balance
US Dollar 50,000
Australian Dollar 50,000
Hong Kong Dollar 150,000
Sterling Pound 10,000
Euro 50,000
New Zealand Dollar 50,000
Singapore Dollar 50,000
Currency
US Dollar
Australian Dollar
Hong Kong Dollar
Sterling Pound
Euro
New Zealand Dollar
Singapore Dollar

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

Terms and Conditions
Visit here for our Fees and Charges.

Terms and Conditions Governing the UOB Foreign Currency Account: ENG

Deposit Insurance System
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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