Hey! Need advice if I should put 100,000 in UOB as their Wealth Banking Customers . Any benefits to it like better rates? How is UOB like?

Hi Jung,

You will need to maintain this 100k with UOB at all times if you do take up their wealth banking status. Most of the benefits offered at the wealth banking segment is similar to a normal retail banking account with UOB, except that you are obligated to maintain your AUM with UOB.

The benefits only start to change if you enter their privilege segment, thats a minimum of $350k AUM with UOB. If you have a good relationship manager, he will be able to effectively manage your monies. If not you might be better off investing with the others instead.

Hope i was able to shed some insight! You can contact me here to schedule an appointment.​​​