Overdraft

Are you looking for a convenient and flexible answer for your fluctuating day-to-day cashflow? Then UOB's overdraft may be the solution for you.

UOB overdrafts are revolving lines of credit. You can use any amount up to the approved credit limit for any purpose e.g. investments. Interest is calculated on a daily basis and charged only on the amount used. You can withdraw excess funds from your account up to the approved limit.

This is an essential tool for managing cashflow and is one of the most common and flexible forms of bank credit.