UOB FlexiYield Accounts

UOB FlexiYield Accounts are notice accounts available in SGD and USD that give a higher yield on funds when a 31-day notice is given prior to withdrawals.

Features

A minimum first placement of 50,000 units in the chosen currency or such amount as determined by the Bank from time to time.

UOB FlexiYield Account Features:

Feature	Description
Interest	Interest is accrued daily and paid out monthly.
Mode of deposit	• MEPS/TT • Inward cheque • Over the counter • Funds transfer within UOB accounts • Inward GIRO
Initial deposit	SGD: S$50,000; USD: US$50,000
Mode of withdrawal	• MEPS/TT • Funds transfer within UOB accounts
Withdrawal condition	• A 31-day notice must be given prior to disbursement of funds. • A penalty will be imposed for early withdrawal where the withdrawal notice period is less than 31 days. • Notice period commences from the day UOB receives instruction letter.
Early withdrawal penalty	• Penalty is based on the higher of S$50 or: - SGD: 0.15% x 31/365 x [withdrawal amount]; - USD: 0.20% x 31/360 x [withdrawal amount].
Minimum average balance	SGD: S$8,000; USD: US$1,000
Fall below fee	SGD: S$25: USD: US$15
Early closure fee (if within 6 months from account opening)	SGD: S$30: USD: Waived
Monthly statement	Available

Benefits

The UOB FlexiYield Account is designed to complement the existing range of current account and fixed deposit products. It is ideal for maximising returns on surplus corporate funds in the interim period leading to scheduled payment dates. Key features of the product include:
• Earn an attractive interest* on funds in the account;
• Deposit funds in any amount and at any time;
• Available in both SGD and USD currencies.

For a limited time only, new FlexiYield Account customers will be eligible for an introductory interest rate of up to 0.65% p.a. for a three-month period on the entire account balance.

FlexiYield Accounts Introductory Interest Rates (% p.a.):**
Deposit Amount	SGD	USD
First $20 million (from first dollar onwards)	0.60%	0.58%
Above $20 million (from first dollar onwards)	0.65%	0.58%

FlexiYield Accounts Standard Interest Rates will apply upon expiration of introductory interest period.

*Terms and conditions to apply.
**All rates are quoted as of 2 February 2015 and are subject to change. Please contact your Relationship Manager for our latest rates.

STANDARD INTEREST RATES

All rates are quoted as of 2 February 2015 and are subject to change. Please contact your Relationship Manager for our latest rates.

*FlexiYield Account Standard Interest Rates (p.a.):**
Deposit Amount	SGD	USD
First $10 million	0.15%	0.20%
Next $90million	0.20%	0.30%
Next $400 million	0.30%	0.40%
Above $500 million	0.16%	0.20%

Apply Now

For enquiries, please:
- Call your Relationship Manager
- Call us at 1800 226 6121 (Mondays to Fridays, 9.00am to 6.00pm)

More Information

Important information on the use of UOB Accounts and Services

Terms and Conditions Governing Accounts and Services (PDF: 96KB)
Additional Terms and Conditions Governing Accounts and Services (PDF: 317KB)
Terms and Conditions for UOB FlexiYield Accounts (SGD) and UOB Global FlexiYield Accounts (USD) (PDF:288KB)

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$50,000 in aggregate per depositor per Scheme member by law.

Please refer to UOB/FEB Insured Deposit Register for a list of UOB accounts/ products that are covered under the Scheme.