Corporate Cash Deposit Card

You can use the UOB Corporate ATM card to perform cash withdrawals, balance enquiries, statement requests, cash deposits, NETS purchases, fund transfers and CashCard top-ups. For the UOB Corporate Deposit Card, you can only deposit SGD cash.

Sole proprietors / companies / clubs and societies who have SGD corporate accounts with us are eligible to apply for the UOB Corporate Deposit Card.

You can visit any UOB branch to obtain the UOB Corporate Deposit Card application form or download the form from the Forms page.

Submit the completed application form together with an Accounts & Services Resolution from your Board of Directors (where applicable) at a UOB branch.

You may apply for as many cards as your business requires. However, please note that a fee applies for the issuance of additional cards above a certain number.

There are currently no transaction charges when you deposit cash using the UOB Corporate Deposit Card at UOB self-service machines. However, please note that a fee applies for the issuance of additional cards above a certain number.

You can only link one Corporate SGD Current Account to each UOB Corporate Deposit Card.

For each UOB Corporate SGD Current Account, you can apply for a UOB Corporate Deposit Card that is linked to that corporate current account using a separate application form.

The assigned deposit reference for each UOB Corporate Deposit card, e.g. an outlet / branch number of your choice, is to allow you or your accounts receivable staff to easily track and reconcile the deposits with the bank either online or through our monthly statements. This simplifies the deposit reconciliation process for your staff.

No, an assigned deposit reference is unique to each UOB Corporate Deposit Card.

You can assign up to 16 alphanumeric characters for each deposit reference, including spaces. For special characters, only “-” (dash) or “/” (slash) are allowed.

No, there is no need for a PIN when using the UOB Corporate Deposit Card.

No, there is no need to input your company bank account number when using the UOB Corporate Deposit Card as the designated account is already linked to the UOB Corporate Deposit Card.

No, the account balance is not displayed or printed on the receipt when you deposit cash using the Corporate Deposit Card.

Yes, as the card does not allow withdrawals or purchases, you can assign the UOB Corporate Deposit Card to your employees or staff to deposit cash into your UOB Corporate SGD Current Account.

If your employee resigns from the company, the UOB Corporate Deposit Card can be claimed back from that employee and reassigned to another employee. You do not need to reapply unless the UOB Corporate Deposit Card is lost or misplaced.

Please submit an application form for a new UOB Corporate Deposit Card and a maintenance form to cancel the existing card.

Please submit a maintenance form to replace the lost or damaged UOB Corporate Deposit Card.

You can refer to your online or monthly bank statement and check each cash deposit transaction against the deposit reference.

1. Bank after branch operating hours
Company K collects cash from customers at its retail outlets island-wide. With its limited manpower, the company finds it challenging for store managers to deposit cash during branch opening hours. The UOB Corporate Deposit Card is a convenient solution as it allows the store managers to deposit cash anytime, even after the bank branch operating hours.

2. Reconcile deposits with greater accuracy
Company L collects cash upon delivery of goods. When the sales person deposits cash at the bank, the finance team finds reconciliation challenging as there is insufficient information on who made the deposit. With the UOB Corporate Deposit Card, each sales person is given a unique card reference that clearly appears on the bank statement each time they deposit, thus streamlining reconciliation.