Making your money work for you is a skill that comes with knowing How To Open United Overseas Bank Account.
High-interest rates and minimal costs are features of the best accounts. This may facilitate quicker balanced growth.
Opening bank accounts and using digital methods has been increasing across the continent for the past several years. Anyone may now create a bank account with United Overseas with great ease.
You need to open an account because opening a bank account with United Overseas Bank may provide you with a number of benefits, including easy access to your money, financial security, a reduction in check-cashing costs, and overall financial peace of mind.
In this article, we are going to look at how to open a bank account in Singapore, including the documents required.
Eligibility Criteria for Opening United Overseas Bank Account
To be able to open a bank account at United Overseas Bank you must meet the following requirements:
- You must be 18 years or older.
- Have a Singpass
Also, make sure you have :
- A Proof of Residence Verified by a Passport for foreigners
- A valid pass (e.g. Employment Pass (EP) for foreigners
- S-Pass or Student Pass for international students
Procedure to Open a United Overseas Bank Account Online
To open a United Overseas Bank Account instantly without visiting any branch follow the procedure below
- Step 1: Visit the United Overseas Bank website or download the mobile app
- Step 2: Click on Apply Now
- Step 3: On the page that follows, click on the type of account you want to create.
- Step 4: Click Next
- Step 5: Select whether you want to register with Singpass or bank details
- Step 6: You can now input the required details and upload all the documents asked for on the next page
- Step 7: Verify the details and create your account.
- Step 8: After UOB reviews your application and grants approval, you will be contacted with details on how to activate your UOB bank account.
You may open an account quickly and easily with these two steps. Customers can have their personal information pre-filled by using the MyInfo platform, which reduces the need for extra paperwork and streamlines the application process.
Steps to Open a United Overseas Bank Account by visiting the bank
- Simply visit the nearest United Overseas Bank branch and speak to any agent about opening an account with them.
- Since you are at the bank an agent would guide you to get the process done without you facing any much hassle.
- You have to complete the application to start an account. The documents in the eligibility criteria would be necessary at this point.
If you have any challenges feel free to leave a question in the comment section.