Get Up To S$800! - United Overseas Bank

If you make your international money transfer through UOB online banking, you'll be charged a commission of 0.0625% of your transfer amount. If you make your transfer at a UOB branch instead, the commission rate will be 0.125% of the amount transferred.

RBI fine due to compliance lapses On 1 October 2019, UOB was fined INR₹10 million by the Reserve Bank of India (RBI) for compliance failures based on deficiencies in regulatory compliance.

Overseas Union Bank (OUB), now defunct, was founded in 1947 in Singapore by Lien Ying Chow. It began operations in February 1949, and by the 1970s had grown to become one of Singapore's “Big Four” local banks. In 2002, OUB was acquired by United Overseas Bank (UOB) for S$10 billion.

If you make your international money transfer through UOB online banking, you'll be charged a commission of 0.0625% of your transfer amount. If you make your transfer at a UOB branch instead, the commission rate will be 0.125% of the amount transferred.

FBAR Penalties for Non-Willful Failure To File The standard non-willful penalty for failure to file can be up to $10,000 per form for each year a person didn't file a required FBAR. This penalty amount can be higher, depending on the year's inflation adjustment.

Overseas Union Bank (OUB), now defunct, was founded in 1947 in Singapore by Lien Ying Chow. It began operations in February 1949, and by the 1970s had grown to become one of Singapore's “Big Four” local banks. In 2002, OUB was acquired by United Overseas Bank (UOB) for S$10 billion.

Under the sanctions laws, individuals and entities are prohibited from entering into financial transactions or provide financial assistance or services in relation to sanctioned individuals, entities or activities, as non-compliance with relevant sanctions laws may result in civil or criminal liability leading to fines ...

To receive money from an incoming remittance in Singapore Dollars, your sender should have the following details: Your UOB SWIFT code. Your full name on your UOB account. Your UOB account number.