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Author: f | 2025-04-23
About UOB UOB at a Glance. Campuses. Accreditation . International Relations. Career Opportunities. CURRENT STUDENTS Clubs societies. Career Services. Athletics. Financial Support GCE IB FB; GIS1; GPA Equivalence; Highlights; Morphe museum UOB Singapore UOB China UOB Hong Kong UOB Indonesia UOB Malaysia UOB Mumbai UOB Philippines UOB Taipei UOB Thailand UOB Tokyo UOB Vietnam UOB Yangon. LANGUAGE.
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From now till 30 November 2023, register and earn up to 8 mpd on travel spending with your UOB PRVI Miles Card, with a minimum spend of S$2,000.UOB has launched a new promotion for the UOB PRVI Miles Cards, which offers up to 8 mpd on airline, hotel and travel agent bookings made from now till 30 November 2023, as shown in the table below.While payment must be made during the promotion period, travel can be for any dates in the future, so this is worth considering even if you’re looking ahead to 2024.In addition to this bonus, UOB is also offering 100,000 miles to the top 10 UOB PRVI Miles Card spenders during this period.UOB PRVI Miles Travel Spend campaignThe UOB PRVI Miles Travel Spend campaign runs from 18 September to 30 November 2023. Cardholders must register by sending the following SMS to 77862:📱 SMS to 77862PMQ3Last 4 alphanumeric digits of NRIC/Passport(Example: If your NRIC is S1234567A, send “PMQ3 567A”)The campaign is open to all three versions of the UOB PRVI Miles Card (AMEX, Mastercard, Visa), with no cap on the number of eligible participants.Once registered, cardholders must spend a minimum of S$2,000 across the following eligible categories during the promotion period (collectively defined as “Travel Transactions”):CategoryMCC*ExamplesMajor Airlines3000-3299SIA, Scoot, British Airways, Cathay Pacific, Etihad, EmiratesHotels & Lodging3500-3999, 7011AirBnB, Accor, Hilton, Hyatt, IHG, Marriott, VBROOnline Travel Agencies4722Agoda, Expedia, Klook, KKDay, PelagoRegular Travel Agencies4722Chan Brothers, EU Holidays, Nam Ho, SA Travel, WTS Travels*UOB does not provide specific MCC ranges in its T&Cs. I am deriving this based on how travel transactions are defined for the UOB Lady’s Cards.Transactions can be either online or offline, in SGD or foreign currencies.Cardholders who meet this minimum spend will earn an extra 2 mpd on local & overseas Travel Transactions, as well as bookings made at UOB’s dedicated Agoda, Expedia and UOB Travel pages. Base MilesBonus MilesTotal MilesLocal Travel1.423.4Overseas Travel2.424.4Bookings made at dedicated Agoda, Expedia and UOB Travel pages628The maximum bonus miles is capped at S$4,000 worth of spend (i.e. 8,000 miles) for the entire promotion period. Any spend beyond S$4,000 will earn the usual year-round rates of 1.4-6 mpd.While this is not explicitly addressed in the T&Cs, based on previous promotions the caps have applied on a card-level basis. In other words, those who hold more than one UOB PRVI Miles Card can enjoy the offer once per card.UOB x AgodaDuring the promotion period, UOB PRVI Miles Cardholders will earn 8 mpd on hotel bookings with Agoda (instead of the usual 6 mpd), when they book via the special UOB x Agoda landing page.Make sure to look for rates with the tag “Earn up to 6 miles per 1 SGD spend” (and don’t worry,
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The 2 mpd will be automatically added later).All payments must be made on the Agoda website at the time of booking. You will not earn the bonuses if you opt to pay at the hotel.UOB x ExpediaDuring the promotion period, UOB PRVI Miles Cardholders will earn 8 mpd on eligible airline and hotel bookings with Expedia (instead of the usual 6 mpd), when they book via the special UOB x Expedia landing page.Eligible airlines refer to the following carriers:Cambodia AirwaysChina Eastern EVA AirFinnairGaruda IndonesiaGulf AirHawaiian AirlinesKorean AirMyanmar Intl AirwaysQatar AirwaysSichuan AirlinesSri Lankan AirlinesTHAITurkish AirlinesXiamen AirlinesEligible hotels refer to bookings where payment is made to Expedia at the time of booking. If you choose to pay later at the hotel, you will not earn the bonus miles.UOB TravelDuring the promotion period, UOB PRVI Miles Cardholders will earn 8 mpd on eligible airline and hotel bookings with UOB Travel (instead of the usual 6 mpd), when they book via the dedicated landing page.Eligible airlines refer to the following carriers (with travel originating in Singapore):Air ChinaAir FranceAmerican AirlinesAsianaBritish AirwaysCathay PacificChina AirlinesChina EasternChina SouthernEmiratesEtihadEVA AirFinnairGaruda IndonesiaJapan AirlinesKLMLufthansaQantasQatar AirwaysSTARLUXSWISSUnited AirlinesEligible hotels refer to bookings where payment is made to UOB Travel at the time of booking. If you choose to pay later at the hotel, you will not earn the bonus miles.Potential points of confusionYou may have noticed that popular options like Singapore Airlines and Scoot are not listed under the eligible airlines for either Expedia or UOB Travel.However, you will still be able to earn 3.4-4.4 mpd on such bookings under the “local Travel Transactions” or “overseas Travel Transactions” category, depending on whether your spend is in local or foreign currency.For carriers that are listed among the eligible airlines, where you book matters:If I book an EVA Air flight via EVA Air’s official website, I will earn 3.4-4.4 mpd (depending on currency)If I book an EVA Air flight via the UOB x Expedia/ UOB Travel page, I will earn 8 mpdLikewise, for Agoda and Expedia bookings:If I book a hotel on the generic Agoda/Expedia page, I will earn 3.4-4.4 mpd (depending on currency)If I book a hotel on the UOB x Agoda/Expedia page, I will earn 8 mpdYou should compare the prices across websites and ensure you’re not paying over the odds for the bonus miles.In general, air tickets for identical fare classes should price more or less the same, whether you look at the official website or the dedicated UOB PRVI Miles pages. However, hotel pricing can vary drastically, and the dedicated UOB PRVI Miles pages will almost certainly yield prices higher than the public Agoda/Expedia pages. It doesn’t necessarily mean it’s a bad deal, but always ensure that the price differential justifiesUOB : UOB creates new partnership ecosystem to simplify the - UOB
SINGAPORE - OCBC Bank on Feb 26 announced it will return $2.5 billion of capital to shareholders over two years via special dividends and share buybacks, as the bank delivered a record profit of $7.59 billion for 2024. OCBC plans to pay a final ordinary dividend of 41 cents per share for 2024, down from 42 cents in 2023. Including the interim dividend, total ordinary dividend for 2024 will be 85 cents per share, higher than the 82 cents for 2023. The total payout will amount to $3.82 billion, which is in line with the group’s target payout ratio of 50 per cent, said OCBC. It also proposes a special dividend of 16 cents per share, bringing total dividend to $1.01 per share, which represents a total payout ratio of 60 per cent for 2024.Local peers DBS and UOB have also announced capital returns on the back of record earnings. UOB on Feb 19 said it is returning $3 billion of surplus capital to shareholders over the next three years and DBS on Feb 10 said it will reward all staff, excluding senior managers, with a special one-time bonus of $1,000 each and plans to introduce a new “capital return” dividend.OCBC shares opened at $17.30 on Feb 26, down 1.7 per cent from Feb 25’s closing price of $17.60. They closed 2.2 per cent lower at $17.21 while DBS shares gained 0.3 per cent to $46.67 and UOB shares rose 0.6 per cent to $38.44.For the fourth quarter of financial year 2024, OCBC’s net profit rose 4 per cent year on year to $1.69 billion. The earnings missed the $1.81 billion forecast by analysts in a London Stock Exchange Group poll.For financial year 2024, the group’s net profit grew 8 per cent from a year ago to a record $7.59 billion, driven by robust income growth and lower allowances.In 2024, net interest income reached a new high of $9.76 billion, partly driven by a 5 per cent rise in average assets from customer loans. Non-interest income rose 22 per cent to $4.72 billion. Within the segment, net fee income rose 9 per cent to $1.97 billion, led by a 22 per cent increase in wealth management fees across all wealth channels. Investment banking and loan-related fees also increased.Net trading income surged 53 per cent to $1.54 billion. Non-customer flow treasury income more than doubled from a year ago, bolstered by strong investment performance from Global Markets and Great Eastern Holdings (GEH).Ms Helen Wong, group chief executive of OCBC, said in a results statement: “We deployed capital to increase our stake in GEH to 93.72 per cent. GEH has significantly contributed to OCBC’s performance and is a strategic pillar of OCBC’s wealth management business, while OCBC has provided GEH access to our extensive retail and commercial customer base.”On why OCBC increased its shareholding in GEH, Ms Wong said at the results briefing that the move is a natural progression in the bank’s strategy: “We know a balanced portfolio can help us. About UOB UOB at a Glance. Campuses. Accreditation . International Relations. Career Opportunities. CURRENT STUDENTS Clubs societies. Career Services. Athletics. Financial Support GCE IB FB; GIS1; GPA Equivalence; Highlights; Morphe museumUOB Infinity Guides - UOB Malaysia
Explore our latest promotions Digital Join our exclusive UOB SME community Sign up on the UOB SME app today to be kept informed of the latest promotions, events and insights. Accounts & transact Transaction Cashback Promotion From 14 September 2023 till 31 March 2026, earn up to 1.5% p.a. cashback* in your UOB Accounts1 when you perform transactions via UOB Infinity or UOB SME app. Trade & FSCM Save more with UOB eGuarantee Enjoy up to S$100 discount on your eGuarantee issuance from 1st November 2023 to 31st December 2024. Solutions for your industry From solutions that boost your day-to-day efficiency to helping you scale your business, we bring everything together for you. From solutions that boost your day-to-day efficiency to helping you scale your business, we bring everything together for you. We are here to help you gain access to trade advisory, foreign exchange solutions and more to meet your business needs. Find out how we can help you. Our suite of customised solutions are designed to support and address your business needs. Our suite of customised solutions are designed to support and address your business needs. UOB business insights Access UOB's expanding library of knowledge and insights, specially curated by a think tank of subject experts SME Hub Get the latest business insights, and explore networking opportunities and privileges for SMEs. ASEAN Insights Get familiar with the landscape and seize growth opportunities for your ASEAN expansion. Industry Insights Get up to speed with how global trends are impacting various industries. SME Hub Get the latest business insights, and explore networking opportunities and privileges for SMEs. ASEAN Insights Get familiar with the landscape and seize growth opportunities for your ASEAN expansion. Industry Insights Get up to speed with how global trends are impacting various industries. UOB happenings Events Explore specially curated events empowering business and communities. Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law.UOB FX FAQ - UOB Group
Personal Internet Banking Lunar New Year Pot of Gold PromotionReceive more 财 (wealth) in the year of the snake and watch your savings grow!Get up to S$956 cash* and stand to be one of 8 winners to share a pot of gold worth up to S$28,888 cash*. Hurry, gather your friends and family to participate together and unlock the maximum tier for the pot of gold! Promotion ends 29 March 2025. *T&Cs apply. Insured up to S$100k by SDIC. Participate now Here’s to you! Happy International Women’s Day.From now till 30 April 2025, we are rewarding all customers who hold both a UOB Lady’s Credit Card and UOB Lady’s Savings Account with a chance to receive an Éclat KNOT Alone® Double Pave Bangle worth S$520 or a pair of Gentle Monster PHANTOM-01 Sunglasses worth S$490. Don’t have a UOB Lady’s Savings Account? Apply online and get a Bespoke Puffy Bag with Rose Leather Charm worth S$98 by reBynd. T&Cs apply. Insured up to S$100k by SDIC. Find out more --> Stress less with UOB Balance TransferEnjoy extra cash at 0%* interest and S$100 cash rebate. *T&Cs apply.Find out more Personal Internet Banking /fp/tags?org_id=&session_id="> -->UOB : Personal Banking - UOB Group
Such as DBS, UOB accounts, and OCBC are suitable for non-residents seeking to open bank accounts in Singapore. These banks offer customised services such as multi-currency accounts and remittance services, and they facilitate remote account opening through online platforms. However, in the case of a UOB account, it's likely you will be required to visit the branch in person.Comprehensive company incorporationIncorporate your company and get an Osome corporate secretary to ensure you comply with laws and regulations from the get-go.Banking On-the-Go: Mobile and App SolutionsLike most modern banking systems, banks in Singapore provide comprehensive mobile banking and app solutions. You can use the app to pay bills, transfer money, and manage your account easily and while you're on the move.Let’s delve into how this works after the account opening process has been completed.Download the bank’s app via QR CodeDownloading the bank’s app is as simple as scanning a QR code with your smartphone. QR codes provide a convenient method for accessing the app’s download page directly in the app store, thereby streamlining the process for users.Once you’ve downloaded the app, you’ll need to set up your account for mobile banking. This may involve enabling app features, such as QR code scanning for payments or accessing banking services directly through the app.Digital tools to pay bills and transfer moneyOnce the account opening step has been completed, most Singapore banks offer an array of digital tools for managing transactions. These include e-wallets like Google Pay, FavePay, Singtel Dash, Grabpay, and bank-owned mobileUOB Personal Banking - UOB Malaysia
The miles!When will bonus miles be credited?Transactions will initially earn the usual rate of 1.4/2.4/6 mpd, based on the year-round earn rate.The bonus 2 mpd will be credited by 5 January 2024.Top spender promotionFrom now till 30 November 2023, the 10 cardholders who charge the highest amount of eligible transactions to their UOB PRVI Miles Card will receive an extra 100,000 miles, in the form of UNI$50,000.In this case, eligible transactions refer to all local and foreign credit card retail transactions (i.e. not just Travel Transactions), excluding UOB’s standard exclusions list like education and insurance payments.Bonus miles for winners will be credited by 5 January 2024. ConclusionApply (AMEX)Apply (MC)Apply (Visa)From now till 30 November 2023, UOB PRVI Miles Cardholders can earn up to 8 mpd on airline, hotel or travel agency bookings, capped at S$4,000. Remember: there’s no need to travel during this period. Your travel dates can be any time in the future, so if you’re looking to lock in some plans for 2024 then this would work too.Don’t forget to register and clock the minimum spend of S$2,000 to be eligible, and note the specific airlines eligible for the highest 8 mpd earn rate.For a detailed review of the UOB PRVI Miles Card, refer to my post below.Review: UOB PRVI Miles CardAaron WongAaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.. About UOB UOB at a Glance. Campuses. Accreditation . International Relations. Career Opportunities. CURRENT STUDENTS Clubs societies. Career Services. Athletics. Financial Support GCE IB FB; GIS1; GPA Equivalence; Highlights; Morphe museum
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Pass.For long-term visitors, the process involves providing proof of employment or study, a valid long-term or dependent pass, and a passport. Banks like DBS, UOB, and OCBC offer specialised services to cater to the specific needs of students and long-term visitors.Expats and employment pass holdersForeigners residing in Singapore on an employment pass or a student or long-term visit pass, including expats, can open a bank account in Singapore. To open an account, you will need a passport or identity card, proof of residential address, and a valid pass. In some cases, banks may require proof of tax residency if you declare tax residency in your home country and not in Singapore. The DBS Multiplier account is a popular choice among expats since it allows holding multiple currencies.Additional requirements may include proof of company incorporation for business accounts and proof of residence for foreigners. Notably, DBS Bank, UOB, and OCBC are recognised for offering services tailored to the needs of expats and EP holders.Can Foreigners Open Bank Account in Singapore?Many foreigners ask, “Is it possible for me to open a bank account in Singapore?” The answer is absolutely! Singapore’s banking system welcomes foreigners, provided they meet the necessary requirements. This includes providing a passport, proof of address, an EP, student pass, or long-term visit pass for successful account opening. Additional documentation may be necessary, depending on the bank’s policies. Depending on the new account type, foreigners can track their application status without the need to visit the branch in person.Prominent accountsUOB : Contact Us - UOB Group
Singapore The Monetary Authority of Singapore will work with the banks to continue encouraging adoption of the new “money lock” feature, says Minister of State for Trade and Industry Alvin Tan. UOB, OCBC and DBS ATMs at Bugis Junction. (File photo: OCBC) New: You can now listen to articles. This audio is generated by an AI tool. 29 Feb 2024 12:43PM (Updated: 29 Feb 2024 01:25PM) SINGAPORE: More than S$5.4 billion (US$4 billion) of savings have been set aside in over 61,000 bank accounts with a “money lock” feature as of February, said Minister of State for Trade and Industry Alvin Tan on Thursday (Feb 29).Introduced by the local banks in November last year as a safeguard against scams, “money lock” allows customers to set aside funds that cannot be transferred digitally.Customers can lock up their money using the bank’s app or internet banking, but these funds can only be unlocked in person at bank branches or via ATMs.Speaking in parliament, Mr Tan said other major retail banks in Singapore will roll out this new feature by the middle of this year.Since the launch, local banks have been making tweaks to their “money lock” offerings. Monetary Authority of Singapore Board Member Alvin Tan said that to date, there have been no reports of phishing or scams involving funds under the Money Lock feature which was introduced by the three local banks in November last year. He said that so far, more than 61,000 Money Lock accounts have been set up with over S$5.4 billion of savings set aside. He was responding to an MP’s questions in Parliament on Thursday (Feb 29). Last week, DBS said it would extend its version called the digiVault to all accounts, allowing customers to “lock up” funds in their existing accounts. This means that customers no longer have to open a separate account to use the bank’s money-locking feature.OCBC already allows customers to lock funds without opening a new bank account since last November.Currently out of the three local banks, only UOB requires customers to set up new “money lock” accounts, but the bank told. About UOB UOB at a Glance. Campuses. Accreditation . International Relations. Career Opportunities. CURRENT STUDENTS Clubs societies. Career Services. Athletics. Financial Support GCE IB FB; GIS1; GPA Equivalence; Highlights; Morphe museum UOB Singapore UOB China UOB Hong Kong UOB Indonesia UOB Malaysia UOB Mumbai UOB Philippines UOB Taipei UOB Thailand UOB Tokyo UOB Vietnam UOB Yangon. LANGUAGE.UOB ONE Card - UOB Malaysia
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From now till 30 November 2023, register and earn up to 8 mpd on travel spending with your UOB PRVI Miles Card, with a minimum spend of S$2,000.UOB has launched a new promotion for the UOB PRVI Miles Cards, which offers up to 8 mpd on airline, hotel and travel agent bookings made from now till 30 November 2023, as shown in the table below.While payment must be made during the promotion period, travel can be for any dates in the future, so this is worth considering even if you’re looking ahead to 2024.In addition to this bonus, UOB is also offering 100,000 miles to the top 10 UOB PRVI Miles Card spenders during this period.UOB PRVI Miles Travel Spend campaignThe UOB PRVI Miles Travel Spend campaign runs from 18 September to 30 November 2023. Cardholders must register by sending the following SMS to 77862:📱 SMS to 77862PMQ3Last 4 alphanumeric digits of NRIC/Passport(Example: If your NRIC is S1234567A, send “PMQ3 567A”)The campaign is open to all three versions of the UOB PRVI Miles Card (AMEX, Mastercard, Visa), with no cap on the number of eligible participants.Once registered, cardholders must spend a minimum of S$2,000 across the following eligible categories during the promotion period (collectively defined as “Travel Transactions”):CategoryMCC*ExamplesMajor Airlines3000-3299SIA, Scoot, British Airways, Cathay Pacific, Etihad, EmiratesHotels & Lodging3500-3999, 7011AirBnB, Accor, Hilton, Hyatt, IHG, Marriott, VBROOnline Travel Agencies4722Agoda, Expedia, Klook, KKDay, PelagoRegular Travel Agencies4722Chan Brothers, EU Holidays, Nam Ho, SA Travel, WTS Travels*UOB does not provide specific MCC ranges in its T&Cs. I am deriving this based on how travel transactions are defined for the UOB Lady’s Cards.Transactions can be either online or offline, in SGD or foreign currencies.Cardholders who meet this minimum spend will earn an extra 2 mpd on local & overseas Travel Transactions, as well as bookings made at UOB’s dedicated Agoda, Expedia and UOB Travel pages. Base MilesBonus MilesTotal MilesLocal Travel1.423.4Overseas Travel2.424.4Bookings made at dedicated Agoda, Expedia and UOB Travel pages628The maximum bonus miles is capped at S$4,000 worth of spend (i.e. 8,000 miles) for the entire promotion period. Any spend beyond S$4,000 will earn the usual year-round rates of 1.4-6 mpd.While this is not explicitly addressed in the T&Cs, based on previous promotions the caps have applied on a card-level basis. In other words, those who hold more than one UOB PRVI Miles Card can enjoy the offer once per card.UOB x AgodaDuring the promotion period, UOB PRVI Miles Cardholders will earn 8 mpd on hotel bookings with Agoda (instead of the usual 6 mpd), when they book via the special UOB x Agoda landing page.Make sure to look for rates with the tag “Earn up to 6 miles per 1 SGD spend” (and don’t worry,
2025-04-02The 2 mpd will be automatically added later).All payments must be made on the Agoda website at the time of booking. You will not earn the bonuses if you opt to pay at the hotel.UOB x ExpediaDuring the promotion period, UOB PRVI Miles Cardholders will earn 8 mpd on eligible airline and hotel bookings with Expedia (instead of the usual 6 mpd), when they book via the special UOB x Expedia landing page.Eligible airlines refer to the following carriers:Cambodia AirwaysChina Eastern EVA AirFinnairGaruda IndonesiaGulf AirHawaiian AirlinesKorean AirMyanmar Intl AirwaysQatar AirwaysSichuan AirlinesSri Lankan AirlinesTHAITurkish AirlinesXiamen AirlinesEligible hotels refer to bookings where payment is made to Expedia at the time of booking. If you choose to pay later at the hotel, you will not earn the bonus miles.UOB TravelDuring the promotion period, UOB PRVI Miles Cardholders will earn 8 mpd on eligible airline and hotel bookings with UOB Travel (instead of the usual 6 mpd), when they book via the dedicated landing page.Eligible airlines refer to the following carriers (with travel originating in Singapore):Air ChinaAir FranceAmerican AirlinesAsianaBritish AirwaysCathay PacificChina AirlinesChina EasternChina SouthernEmiratesEtihadEVA AirFinnairGaruda IndonesiaJapan AirlinesKLMLufthansaQantasQatar AirwaysSTARLUXSWISSUnited AirlinesEligible hotels refer to bookings where payment is made to UOB Travel at the time of booking. If you choose to pay later at the hotel, you will not earn the bonus miles.Potential points of confusionYou may have noticed that popular options like Singapore Airlines and Scoot are not listed under the eligible airlines for either Expedia or UOB Travel.However, you will still be able to earn 3.4-4.4 mpd on such bookings under the “local Travel Transactions” or “overseas Travel Transactions” category, depending on whether your spend is in local or foreign currency.For carriers that are listed among the eligible airlines, where you book matters:If I book an EVA Air flight via EVA Air’s official website, I will earn 3.4-4.4 mpd (depending on currency)If I book an EVA Air flight via the UOB x Expedia/ UOB Travel page, I will earn 8 mpdLikewise, for Agoda and Expedia bookings:If I book a hotel on the generic Agoda/Expedia page, I will earn 3.4-4.4 mpd (depending on currency)If I book a hotel on the UOB x Agoda/Expedia page, I will earn 8 mpdYou should compare the prices across websites and ensure you’re not paying over the odds for the bonus miles.In general, air tickets for identical fare classes should price more or less the same, whether you look at the official website or the dedicated UOB PRVI Miles pages. However, hotel pricing can vary drastically, and the dedicated UOB PRVI Miles pages will almost certainly yield prices higher than the public Agoda/Expedia pages. It doesn’t necessarily mean it’s a bad deal, but always ensure that the price differential justifies
2025-04-13Explore our latest promotions Digital Join our exclusive UOB SME community Sign up on the UOB SME app today to be kept informed of the latest promotions, events and insights. Accounts & transact Transaction Cashback Promotion From 14 September 2023 till 31 March 2026, earn up to 1.5% p.a. cashback* in your UOB Accounts1 when you perform transactions via UOB Infinity or UOB SME app. Trade & FSCM Save more with UOB eGuarantee Enjoy up to S$100 discount on your eGuarantee issuance from 1st November 2023 to 31st December 2024. Solutions for your industry From solutions that boost your day-to-day efficiency to helping you scale your business, we bring everything together for you. From solutions that boost your day-to-day efficiency to helping you scale your business, we bring everything together for you. We are here to help you gain access to trade advisory, foreign exchange solutions and more to meet your business needs. Find out how we can help you. Our suite of customised solutions are designed to support and address your business needs. Our suite of customised solutions are designed to support and address your business needs. UOB business insights Access UOB's expanding library of knowledge and insights, specially curated by a think tank of subject experts SME Hub Get the latest business insights, and explore networking opportunities and privileges for SMEs. ASEAN Insights Get familiar with the landscape and seize growth opportunities for your ASEAN expansion. Industry Insights Get up to speed with how global trends are impacting various industries. SME Hub Get the latest business insights, and explore networking opportunities and privileges for SMEs. ASEAN Insights Get familiar with the landscape and seize growth opportunities for your ASEAN expansion. Industry Insights Get up to speed with how global trends are impacting various industries. UOB happenings Events Explore specially curated events empowering business and communities. Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law.
2025-03-27Personal Internet Banking Lunar New Year Pot of Gold PromotionReceive more 财 (wealth) in the year of the snake and watch your savings grow!Get up to S$956 cash* and stand to be one of 8 winners to share a pot of gold worth up to S$28,888 cash*. Hurry, gather your friends and family to participate together and unlock the maximum tier for the pot of gold! Promotion ends 29 March 2025. *T&Cs apply. Insured up to S$100k by SDIC. Participate now Here’s to you! Happy International Women’s Day.From now till 30 April 2025, we are rewarding all customers who hold both a UOB Lady’s Credit Card and UOB Lady’s Savings Account with a chance to receive an Éclat KNOT Alone® Double Pave Bangle worth S$520 or a pair of Gentle Monster PHANTOM-01 Sunglasses worth S$490. Don’t have a UOB Lady’s Savings Account? Apply online and get a Bespoke Puffy Bag with Rose Leather Charm worth S$98 by reBynd. T&Cs apply. Insured up to S$100k by SDIC. Find out more --> Stress less with UOB Balance TransferEnjoy extra cash at 0%* interest and S$100 cash rebate. *T&Cs apply.Find out more Personal Internet Banking /fp/tags?org_id=&session_id="> -->
2025-04-10The miles!When will bonus miles be credited?Transactions will initially earn the usual rate of 1.4/2.4/6 mpd, based on the year-round earn rate.The bonus 2 mpd will be credited by 5 January 2024.Top spender promotionFrom now till 30 November 2023, the 10 cardholders who charge the highest amount of eligible transactions to their UOB PRVI Miles Card will receive an extra 100,000 miles, in the form of UNI$50,000.In this case, eligible transactions refer to all local and foreign credit card retail transactions (i.e. not just Travel Transactions), excluding UOB’s standard exclusions list like education and insurance payments.Bonus miles for winners will be credited by 5 January 2024. ConclusionApply (AMEX)Apply (MC)Apply (Visa)From now till 30 November 2023, UOB PRVI Miles Cardholders can earn up to 8 mpd on airline, hotel or travel agency bookings, capped at S$4,000. Remember: there’s no need to travel during this period. Your travel dates can be any time in the future, so if you’re looking to lock in some plans for 2024 then this would work too.Don’t forget to register and clock the minimum spend of S$2,000 to be eligible, and note the specific airlines eligible for the highest 8 mpd earn rate.For a detailed review of the UOB PRVI Miles Card, refer to my post below.Review: UOB PRVI Miles CardAaron WongAaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.
2025-04-09Pass.For long-term visitors, the process involves providing proof of employment or study, a valid long-term or dependent pass, and a passport. Banks like DBS, UOB, and OCBC offer specialised services to cater to the specific needs of students and long-term visitors.Expats and employment pass holdersForeigners residing in Singapore on an employment pass or a student or long-term visit pass, including expats, can open a bank account in Singapore. To open an account, you will need a passport or identity card, proof of residential address, and a valid pass. In some cases, banks may require proof of tax residency if you declare tax residency in your home country and not in Singapore. The DBS Multiplier account is a popular choice among expats since it allows holding multiple currencies.Additional requirements may include proof of company incorporation for business accounts and proof of residence for foreigners. Notably, DBS Bank, UOB, and OCBC are recognised for offering services tailored to the needs of expats and EP holders.Can Foreigners Open Bank Account in Singapore?Many foreigners ask, “Is it possible for me to open a bank account in Singapore?” The answer is absolutely! Singapore’s banking system welcomes foreigners, provided they meet the necessary requirements. This includes providing a passport, proof of address, an EP, student pass, or long-term visit pass for successful account opening. Additional documentation may be necessary, depending on the bank’s policies. Depending on the new account type, foreigners can track their application status without the need to visit the branch in person.Prominent accounts
2025-03-28