Find SWIFT Codes in SINGAPORE

In order to send a SWIFT payment to SINGAPORE it is highly recommended to meet the following recommendations:

• Beneficiary details: Obtain SWIFT BIC, account number, and beneficiary bank address from the Beneficiary.
• Payment Restrictions: Transactions can be freely remitted and received. Currency can be exchanged without additional documentation to the central bank.
• Account Restrictions: Both residents and non-residents can open SGD and foreign currency accounts in Singapore. Residents can maintain non-SGD accounts outside without restriction. Non-residents can hold SGD outside of Singapore.
• SWIFT MT103 F50 - Ordering Customer: Include account number, full name (no initials), and registered or place of business address.
• SWIFT MT103 F59 - Beneficiary Customer: Include account number, full name (no initials), and address (street address, city, and country).
• SWIFT MT103 F57 - Beneficiary Bank: Include SWIFT BIC, full name, and address of the beneficiary bank.
• SWIFT BIC consists of 8 or 11 alphanumeric characters (e.g., xxxxSGxx or xxxxSGxxxxx).
• SWIFT MT103 F70 - Reason for Payment: Purpose of payment is recommended.

For the following financial institutions in SINGAPORE you can find a list of their correspondent banks with the currencies and nostro accounts. Also you will find an instructions how to track the payments and other useful information which will help you to send/receive a SWIFT funds transfer or investigate a status of existing payment.

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