SWIFT/BIC code XSIMSGSGXXX
XSIMSGSGXXX belongs to Singapore Exchange Derivatives Clearing Limited in Singapore, Singapore.
Code details
| SWIFT/BIC code | XSIMSGSGXXX |
|---|---|
| 8-character code | XSIMSGSG |
| Branch code | XXX |
| Bank | Singapore Exchange Derivatives Clearing Limited |
| Branch | Head office |
| City | Singapore |
| Country | Singapore |
The way the Singapore Exchange Derivatives Clearing Limited SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- XSIM Bank code
- 4 letters that identify the bank.
- SG Country code
- 2 letters for the country (ISO 3166).
- SG Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank is behind SWIFT code XSIMSGSGXXX?
The code XSIMSGSGXXX belongs to the head office of Singapore Exchange Derivatives Clearing Limited in Singapore, Singapore. It is the code to use when a payment to Singapore Exchange Derivatives Clearing Limited does not need a specific branch.
Is XSIMSGSG and XSIMSGSGXXX the same code?
Yes, they are. XSIMSGSG is the 8-character version of XSIMSGSGXXX. The XXX at the end only refers to the head office, so both routes your payment to Singapore Exchange Derivatives Clearing Limited in Singapore.
What is the best way to send money to Singapore Exchange Derivatives Clearing Limited in Singapore?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Singapore Dollar with transfer services before you send – the difference can be large.
What happens if I enter XSIMSGSGXXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check XSIMSGSGXXX with the recipient before you confirm.
Which details do I need to send money to an account at Singapore Exchange Derivatives Clearing Limited?
Have ready the SWIFT/BIC code XSIMSGSGXXX, the account number or IBAN of the recipient, their full name and address. Singapore uses international SWIFT transfers, so the BIC is required.
What do the letters in XSIMSGSGXXX stand for?
XSIM is the institution code of Singapore Exchange Derivatives Clearing Limited, SG stands for Singapore, SG is the code for the city or region and XXX marks the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.