Benefits
Productive Foreign Exchange (Valas), an investment account and transactions product available in 11 major foreign currencies.
Competitive daily interest rates
Investment options in various foreign currencies
Foreign exchange transaction services without
face-to-face interaction
Free cash withdrawal in Singapore without
foreign exchange impact (For Vapro SGD)
Terms & Conditions
- Cash withdrawal facility at Singapore ATM without incurring fee & exchange rates applies to customers with SGD Vapro Individual accounts (SGD Vapro) and active IDR accounts where both accounts must on the same entity (individual name, joint OR or joint QQ).
- When a SGD withdrawal occurs at a UOB Network ATM in Singapore, the customer's account in Rupiah will be debited first according to the currency exchange rate applicable at UOB Bank.
- The customer's IDR funds will be credited back according to debited nominal and SGD funds in customer's SGD Vapro account will be debited according to the withdrawal nominal that occurred in Singapore within 1 (one) working day.
Features and fees
| Features | Fees |
| Minimum deposit | USD 100; SGD 150; HKD 1.000; GBP 100; AUD 150; EUR 100; JPY 15.000; NZD 150; CHF 150; CAD 150; SEK 700 |
| Minimum balance | No minimum balance |
| Monthly administration fee |
USD : SGD : Other currencies : |
| Fee for passive account (dormant)/month | Free |
| Account closure fee | USD 10 equivalent |
Interest rates
| USD (Individual) | Rate |
| < USD1,000 | 0.00% |
| USD1,000 - < USD50,000 | 0.10% |
| USD50,000- < USD100,000 | 0.20% |
| ≥ USD100,000 | 0.25% |
| SGD(Individual) | Rate |
| < SGD1,000 | 0.00% |
| SGD1,000 - < SGD50,000 | 0.05% |
| ≥ SGD50,000 | 0.10% |
| Others Currency | Rate |
| AUD, EUR, GBP, HKD, JPY | 0.00% |
| NZD, CAD, CHF, SEK | 0.00% |
Important information
Products and Services Information Overview
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Products and
Services Information Overview
Product risks
- Misappropriation of transaction tools/media and identification by other parties.
- Account closure by the Bank in accordance with the General Terms & Conditions and the applicable Products Terms & Conditions.
- Operational issues from using ATM/Debit card facilities, including ATM network or EDC machine connection.
- The Indonesia Deposit Insurance Corporation (Lembaga Penjamin Simpanan/LPS) or any other institutions do not guarantee the customer's deposit coverage due to the maximum deposit amount insured is equivalent to Rp2billion per customer, or any other amounts that will be determined by LPS. This includes cases where the customer receives interest rates from the Bank that exceed the rate set by LPS or any other institution that will insure in the future.
Additional information
- The Bank reserves the right to reject any account opening applications or product placements, among others, if the required terms, conditions, and procedures are not fulfilled.
- Interest rates and fees are subject to change at any time. For the latest information, please contact the nearest UOB branch or UOB Call Centre at 14008.
- For customers seeking information, providing feedback, or raising complaints about products and/or services, you can directly contact the Customer Complaint Handling Unit at the nearest UOB branch or the UOB Call Centre at 14008.
Terms and conditions
Account opening terms and conditions:
- Minimum 17 years old*
- Complete the opening form account and/or product placement as well as other document required
- Submit a valid copy of identity card and show the original document (KTP for Indonesian citizen or Passport and KIMS/KITAS/KITAP stay permit for foreigners).
Documents requirement:
- Identity Card (KTP for Indonesian citizen)
- Passport and KIMS/KITAS/KITAP stay permit (for foreigners)
- * NPWP (taxpayer identification number for Foreigners and Indonesian citizen)