Standard Chartered Bank SWIFT/BIC code

SCBLPHMM – the SWIFT/BIC code of Standard Chartered Bank

If an invoice shows SCBLPHMM or SCBLPHMMXXX, you are looking at the identical identifier for Standard Chartered Bank in Philippines. A BIC has a single purpose: it makes sure that an international payment reaches the right bank. In practice you usually see it on international invoices, in payment forms and in the bank details of Standard Chartered Bank customers.

This page is meant to help anyone who pays into an account at Standard Chartered Bank. A SWIFT code names a bank or branch, not a single account.

Watch out for payment fraud

Fraudsters regularly use payment requests containing new bank details. That SCBLPHMM is a real code does not mean that a request mentioning it is genuine; criminals use the codes of real banks too.

Always confirm a change of bank details through a phone call, using a number you already had. Be suspicious of time pressure, unusual wording or a sender address that is slightly off. Acted too fast? Call your bank straight away and have them try to recall the payment.

Recipients can be targeted as well: one known trick is a buyer who pays too much and then sends a request to send back the difference. A screenshot of a transfer is no proof.

About this information

The codes here are taken from publicly available data that we update regularly. Banks merge, close branches and change codes – a directory can be a step behind. The number of codes on this page reflect our own data, not official figures from Standard Chartered Bank.

For a payment of any size, confirm the BIC with the recipient’s bank or the recipient. GoldexPay is not affiliated with Standard Chartered Bank; we are a comparison site for money transfers. Should you notice a mistake, we appreciate a short note.

Transfer times and tracking a payment to Standard Chartered Bank

A SWIFT payment typically takes one to a few business days, depending on the currency, the route and the banks involved. Bank holidays in the sending or receiving country add extra days. Sometimes a bank asks what the payment is for, which can hold things up.

When a payment takes longer than expected, contact the sending bank for the tracking status and the transaction reference so they can trace it along the chain. Specialist transfer services often provide a status in their app showing how far the money has got.

A delayed transfer has to be investigated from the sending side on the basis of the transfer details. As a recipient, you can look at your statements to see a partial amount, since fees may have been deducted.

Philippine Peso (PHP) and conversion costs

The currency of Philippines is the Philippine Peso (PHP). If you send another currency has to be converted at some point – by your bank, by Standard Chartered Bank or by a bank in between. Every conversion costs the amount – usually through the rate rather than a fee.

Which bank converts the money makes a difference. Check how much PHP the recipient gets with different services.

Exchange rates change during the day, and some providers let you lock in a rate. On larger amounts, even small difference in the rate can be worth more than the fee.

Receiving money from abroad at Standard Chartered Bank

If you expect a payment from another country, give the sender all details at once. That means: your name exactly as it appears on the account, your IBAN or account number, the BIC SCBLPHMMXXX (or SCBLPHMM) and sometimes your address.

It helps to add Standard Chartered Bank and Makati City as well. Double-check the details before you send them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Intermediary banks may deduct a fee, and if the currency changes, an exchange rate margin comes on top. Agree with the sender who pays which costs.

Verifying the SWIFT code of Standard Chartered Bank

Ask the recipient to copy their account details directly from a recent statement. Check that code with SCBLPHMM here.

An incorrect BIC may lead to a delay, a payment being sent back or additional charges for investigation. Remember the account number: a mistake there is more difficult to correct than a wrong BIC.

A validity check in your banking app merely confirms that the IBAN exists. More and more banks check the payee name with the account before you confirm. A small test payment can be worth it for a large first payment.

Sending money abroad from Standard Chartered Bank

An international bank payment costs rather more than the fee suggests. There is the fee for the transfer itself, possibly fees charged by intermediary banks in between and, most importantly, the exchange rate markup when the money is converted.

The real cost is often in the rate: the bank converts at a rate that includes a margin. Check their rate against the mid-market rate – the rate you find on financial news sites.

Money transfer services often offer a rate near the mid-market rate with clearer fees. GoldexPay compares these services next to each other, showing the amount the recipient gets. You can always keep your account at Standard Chartered Bank to fund the transfer, while a cheaper service handles the conversion.

What the XXX in SCBLPHMMXXX means

Each SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and a two-character location code. Combined, these eight characters form SCBLPHMM – the version you usually see online.

Most payment forms work with both lengths. If yours asks for eleven characters, use SCBLPHMMXXX; if it wants eight, use SCBLPHMM.

As a rule the code is written in capitals, without spaces or dashes. A wrong letter may route the money to a different institution.

Head office or branch code at Standard Chartered Bank?

Our database contains 2 SWIFT/BIC codes for Standard Chartered Bank in 2 places. Next to the head office code SCBLPHMMXXX, you will find codes for regional offices and specialised units.

Usually there is no need to look up a branch: transfers addressed to SCBLPHMMXXX reach Standard Chartered Bank without problems. If you have been given a specific code, stick to it instead of replacing it for the head office code.

When in doubt, check with the recipient which code their bank gave them. Branch codes can change when banks reorganise, so do not rely on old paperwork.