SendMoneyCompare — International Money Transfer Comparison

Name: SWIFT/BIC Codes for Banks in Singapore
Creator: SendMoneyCompare
License: https://creativecommons.org/licenses/by-nc-sa/4.0/

Akif Hazarvi

SWIFT codes in Singapore

SG · SGD

Find the correct SWIFT/BIC code for banks in Singapore. Use these codes when sending or receiving international wire transfers. A SWIFT code ensures your payment is routed to the correct bank and branch.

Banks

547

SWIFT codes

1

Branches

2

Currency

SGD

Banks and SWIFT codes in Singapore

H
HSBC BANK (SINGAPORE) LIMITED

SWIFT/BIC	City	Branch	Address
`HSBCSGS2GPI`	SINGAPORE	GPI	10 MARINA BOULEVARD 48-01, MARINA BAY FINANCIAL CENTRE TOWER 2
`HSBCSGS2XXX`	SINGAPORE	Head Office	MARINA BAY FINANCIAL CENTRE TOWER 2, 48-01, 10 MARINA BOULEVARD

Frequently asked questions

What is a SWIFT code for Singapore?

A SWIFT code (BIC) for Singapore is an 8 or 11-character identifier used by Singaporean banks for international wire transfers. The country code portion is SG. For example, DBSSSGSG is the SWIFT code for DBS Bank Singapore. The structure is: 4 characters for the bank, 2 for country (SG), 2 for the city, and optionally 3 for the branch or division.

What are the SWIFT codes for major Singaporean banks?

Key Singaporean bank SWIFT codes include: DBS Bank — DBSSSGSG, OCBC Bank — OCBCSGSG, United Overseas Bank (UOB) — UOVBSGSG, Standard Chartered Singapore — SCBLSG22, Citibank Singapore — CITISGSG, and HSBC Singapore — HSBCSGSG. Always confirm the exact code with the recipient's bank, as different divisions may use different codes.

How do I find the SWIFT code for my Singaporean bank?

You can find your Singaporean bank's SWIFT code on your bank statement, in your internet or mobile banking app, by contacting your bank, or by searching on this page. DBS, OCBC, and UOB all display SWIFT codes clearly in their digital banking platforms. Be aware that private banking and corporate divisions may have different SWIFT codes.

Do I need a SWIFT code or a PayNow ID for international transfers to Singapore?

PayNow is Singapore's domestic instant payment system linked to NRIC/FIN numbers or phone numbers — it cannot receive international SWIFT transfers. For international transfers from outside Singapore, the sender needs the recipient bank's SWIFT/BIC code plus the full bank account number. PayNow is only for local SGD transfers within Singapore.

How long does a SWIFT transfer to Singapore take?

SWIFT transfers to Singapore typically arrive within one to two business days. As one of Asia's most important financial centres, Singapore banks have extensive correspondent relationships that facilitate fast settlement for major currencies. Transfers from the US, UK, and Europe in USD, EUR, or GBP usually settle within one business day.

Are there fees for receiving a SWIFT transfer in Singapore?

Singaporean banks typically charge an inbound telegraphic transfer fee, often SGD 10–20 per transaction. DBS, OCBC, and UOB may waive or reduce this fee for certain account types. If the transfer arrives in a currency other than the account currency, the bank will convert at their own exchange rate, which includes a margin over the mid-market rate.

Can I receive multiple currencies in my Singaporean bank account?

Yes. Singapore banks commonly offer multi-currency accounts that can hold SGD, USD, EUR, GBP, AUD, HKD, and other currencies. This is a significant advantage — you can receive international transfers in the original currency without automatic conversion. Confirm which currency the sender should use, as receiving in the account's existing currency avoids conversion fees.

Are there MAS regulations affecting large inbound transfers to Singapore?

The Monetary Authority of Singapore (MAS) requires banks to perform enhanced due diligence on certain inbound transfers. Payments above specific thresholds or from certain jurisdictions may be held for compliance review, adding one to two business days. Providing a clear payment reference and purpose helps avoid delays. Personal remittances under common thresholds are generally processed promptly.

How SWIFT works in Singapore

Singapore is one of Asia's most important financial centers, and its banks are deeply integrated into the SWIFT network. DBS, OCBC, and UOB are the three major local banks, all with extensive SWIFT connectivity for multiple currencies. The Monetary Authority of Singapore (MAS) maintains a well-regulated banking environment, and inbound international transfers generally settle quickly and reliably.

DBS, OCBC, and UOB each have primary SWIFT codes for international transfers, but may use different codes for specific divisions such as private banking or corporate accounts. The recipient should provide the exact SWIFT code associated with their account type rather than a generic code found online.
Singapore bank accounts frequently support multiple currencies (SGD, USD, EUR, GBP, and others) within a single account structure. When sending to Singapore, confirm with the recipient which currency their account should receive — sending in the wrong currency can trigger an automatic conversion at the bank's less favorable rate.
MAS regulations require Singapore banks to perform enhanced due diligence on certain inbound transfers. Payments above specific thresholds or from certain jurisdictions may be held for compliance review, which can add one to two business days to the settlement time. Providing a clear payment reference and purpose helps avoid delays.