UOB Basic Current Account

A great current account for beginners - with complimentary monthly statements that will be sent to keep you updated with your transactions and balances.

UOB Basic Current Account
Interest Rate
Service Charge
Min. Deposit
Phone Banking
Account Statement


What would make it different?

Online Banking
UOB Personal Internet Banking
Mobile App
PIDM Protected
Up to RM250,000

Fees & Charges

Service Charge
RM10 every 6 months waived with monthly average balance of RM1,000
Early Closure Fee
Dishonoured Cheque Fee
Stop Payment Cheque Fee


Minimum Age
  • 18 years old
Minimum Initial Deposit
Who can apply
  • Malaysians
  • Permanent Residents

More Information

Am I eligible to apply for UOB Basic Current Account?

Let’s go through the checklist below to find out if you are qualified to sign up for UOB Basic Current Account:

  • You must be at least 18 years old; and
  • Malaysian and permanent resident with valid Identity Card.

If you have met all the requirements above, prepare a minimum initial deposit of RM500 and bring along an introducer to open this basic current account.

What makes UOB Basic Current Account unique?

When you sign up for UOB Basic Current Account, you will get access to UOB banking services and facilities across multitude of channels.

You can perform fund transfer, bill and loan payments and track transactions history via UOB Personal Internet Banking, 24-hour Phone Banking as well as 24-hour e-Banking Centre.

UOB Basic Current Account does not only help you save every penny you worked hard for with peace of mind, but also give you the flexibility to cash it out at your own convenience.

Do I get a cheque book and debit card?

Remember the flexibility we talked about just now? You can request for a cheque book at a small fee to access to your money. Carrying hard cash can be risky in this day and age, therefore, a cheque book can do you a favour when you need to make a big buck payment.

Besides, you will also be issued with a UOB Debit MasterCard, which has better security features compared to cash and cheque, for free.

Do I get an Overdraft Facility?

Overdraft facility is available upon your request to UOB and also at its discretion. Just remember to service your interest charges on time and make a full settlement of your overdraft when it is due.

What are the fees and charges I should know?

These are few but significant fees and charges you should be aware of:

  • Stamp Duty on cheque book (50 leaves): RM7.50
  • Half-yearly Service Charge: RM10, if average balance falls below RM1,000
  • Early Account Closure: RM20, if closed within 3 months of opening
  • Dishonoured Cheque: RM100, due to insufficient funds
  • Stop Payment Cheque: RM10

Is my money protected under PIDM?

Absolutely. Your deposit in UOB Basic Current Account is eligible for protection under PIDM for up to RM250,000.

Search Icon

Get the financial support you need


We’ll guide you through your application for this financial product