Aia Singapore Private Limited SWIFT/BIC code

What AIACSGSG means for a payment to Aia Singapore Private Limited

AIACSGSG and AIACSGSGXXX are two spellings of the same bank identifier, and both lead to Aia Singapore Private Limited in Singapore. Banks worldwide use these codes to direct international transfers to the correct bank. In daily life you usually come across it on international invoices, in your banking app and on the account details of Aia Singapore Private Limited customers.

We wrote this page to help people who sends money to an account at Aia Singapore Private Limited and wants to get the details right. The SWIFT code on its own cannot identify a personal account; for that you need the account number or IBAN is for.

Sending money abroad from Aia Singapore Private Limited

If you send money to another country via Aia Singapore Private Limited, the fee you see is rarely all of what you pay. You pay the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, most importantly, the exchange rate markup.

Many banks do not show their exchange rate markup as a cost. An easy check: put the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

For a lot of currency pairs, a specialist provider turns out to be less expensive than a bank – mostly thanks to the rate. Before your next transfer, take a minute comparing the total cost on GoldexPay instead of going straight to your bank. You can always keep your account at Aia Singapore Private Limited, while a cheaper service handles the conversion.

Watch out for payment fraud

Be alert if someone unexpectedly asks you to pay into another account abroad. A correct SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Never rely on contact details in the same message that announces the change. Pressure or secrecy are warning signs. When money has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients are targeted too: one known trick is an overpayment and then sends a request to refund the difference. A screenshot of a transfer is no proof; only your own account shows what has arrived.

Aia Singapore Private Limited: head office code versus branch codes

Aia Singapore Private Limited has 2 different SWIFT/BIC codes. Only one is the head office code; the rest belong to branches or departments, and sometimes specific services.

For most payments to a private or business account, the head office code AIACSGSGXXX is what you need. If you have been given a branch code, use it as it is instead of replacing it for the head office code.

The best way is to take the code directly from the recipient’s statement. Codes for branches are more prone to be retired than the head office code when a bank merges or closes offices.

Is AIACSGSG still correct? How to check

The most reliable place for the right code remains a document from the bank itself like a bank statement or the account page in online banking. Check that code with AIACSGSG here; if they differ, ask before you pay.

With a wrong code, the payment might be delayed, be returned or end up costing more – sometimes after weeks of searching. A mistake in the IBAN or account number is a bigger problem, so check that just as carefully.

An automatic check by your bank merely tells you that the IBAN exists – not that it belongs to the person you mean to pay. Some banks now compare the name with the account. When you pay someone new, some people start with a small amount first.

Sending SGD to Aia Singapore Private Limited

The national currency in Singapore is the Singapore Dollar (SGD). If you send another currency gets converted somewhere along the way. There is rarely a separate line for the conversion; it is built into the rate.

Who converts the payment matters, because each party uses its own rate. Check what SGD the recipient gets with several services before choosing one.

The rate for SGD changes constantly, so the amount you see is usually only valid for a short time. For recurring payments, a slightly better rate add up over a year.

8 or 11 characters: AIACSGSG versus AIACSGSGXXX

The structure of every SWIFT code is always the same: four characters for the institution, a two-letter country code and a two-character location code, sometimes followed by a branch code. Together, these eight characters make up AIACSGSG.

XXX at the end of AIACSGSGXXX does not stand for a missing value or an error: it stands for the head office of Aia Singapore Private Limited. Some forms ask for 11 characters, in which case you can enter XXX behind AIACSGSG.

Type the code in one piece, in capitals and without separators, exactly as shown here. Copying the code is safer than retyping it, because one wrong letter changes the bank.

How up to date is this code?

The details on this page are taken from public sources which we refresh regularly. Still, banks merge, rename themselves or retire codes and our data may lag behind. The figures we show reflect what is in our directory, not official figures from Aia Singapore Private Limited.

Treat our directory on this page as a helpful check and rely on the recipient or Aia Singapore Private Limited for the final confirmation. We are a comparison site for money transfers and not affiliated with Aia Singapore Private Limited. Should you notice a mistake, we welcome a short note via the contact page.

Getting paid from abroad into a Aia Singapore Private Limited account

A sender in another country needs a few details about your account. Share your name as the bank knows it, the IBAN or account number, SWIFT code AIACSGSGXXX and your address.

The sender’s bank might also ask for the address of your bank, in which case the Singapore head office is the usual answer. A typo in your account number is more trouble than you might think, so copy the details from your online banking.

Money from abroad will not always arrive for the full amount. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate comes on top. On invoices, it is common to state who bears the costs.

How long does an international transfer to Aia Singapore Private Limited take?

A SWIFT payment usually takes anywhere from one to several business days. Transfers sent after the cut-off time or on weekends and holidays usually go out a business day later. Compliance checks on larger or unusual payments can also add a delay.

Many banks use SWIFT gpi. Each payment gets a unique reference, the UETR, which your bank can use to see where the money is. Keep your transfer receipt until the recipient confirms; it contains the details a bank needs to start a trace.

The bank that sent the money is able to start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, you can check your statements to see a slightly lower amount, since fees may have been deducted.