SWIFT/BIC codes in Singapore: banks starting with C

Bank SWIFT codes for Singapore

Here you will find codes for 504 institutions in Singapore – 880 codes altogether. A BIC shows the banks handling a transfer exactly which bank should receive the money.

Look for the recipient’s bank in the list and click through for the full list of codes and what else a transfer requires. The rest of this page covers how the codes work, what transfers cost and how to avoid mistakes.

When does money sent to Singapore arrive?

There is no single answer for transfers to Singapore: some arrive the same day or the next while others need several business days. Payments made after the cut-off time or just before weekends and holidays often start a business day later.

When a payment takes longer than expected, the sender should contact the sending bank. Money transfer services usually provide a status online.

Filter: banks in Singapore with :letter

The letter filter limits the list down to banks from Singapore that begin with :letter to make searching quicker. The totals mentioned here cover every bank we list and not only this letter.

Bank not listed? The registered name might begin with another word, for example the full legal name rather than a brand name. The complete list remains one click away when the letter filter does not help.

What the letters in a Singapore BIC mean

Each SWIFT/BIC code has 8 or 11 characters, always in the same order. First comes four letters for the bank, followed by a two-letter country code and a two-character location code.

Whatever the bank, all Singapore codes share the same fifth and sixth letters. When the country letters point to another country, the code belongs to a bank somewhere else.

An 11-character code adds three characters for a branch. Use a branch code only when the recipient’s bank asks for it.

About our data and how to check a code

Have the recipient send you their bank details straight from their banking app. If the code you have does not match our list, do not guess: check with the recipient or the bank.

We collect SWIFT/BIC codes using publicly available data and check our list regularly. Still, banks merge, rename themselves or change codes and our data may lag behind. Treat this list as a starting point, not as the final word; the recipient’s bank details are leading. GoldexPay is an independent comparison site.

Watch out for payment requests with changed bank details, especially when they come by email. A valid BIC says nothing about whether a request is genuine.

The Singapore Dollar (SGD) and conversion costs

Bank accounts in Singapore are usually held in SGD. Money sent in a different currency is converted into SGD on its way to the recipient, and whoever converts it chooses the rate.

Who converts the money makes a difference, because each party uses its own rate. Often it is cheaper to send SGD directly via a transfer service that converts near the mid-market rate so the receiving bank does not need to convert again. Exchange rates move during the day – some providers let you lock in a rate.

The largest SWIFT network in Singapore: BNP Paribas Securities Services SA

Of the 504 banks we list for Singapore, BNP Paribas Securities Services SA is listed with the most SWIFT codes. The head office uses BPTSSGSGXXX, which is the code to use when no branch is specified.

Practice differs in whether they register branch codes – a high count is not a measure of size. Unless the recipient asks for a branch, the head office code BPTSSGSGXXX works for transfers to this bank.

Incoming international payments in Singapore

When you expect money from abroad on an account in Singapore, send the payer all details at once. In practice that means: your full name as your bank knows it, your account number or IBAN, the SWIFT/BIC code of your bank and usually your postal address.

Find your bank in the list on this page to check its code. Certain sending banks may also ask for your bank’s address.

Expect that the amount credited is smaller than the amount on the sender’s receipt. Intermediary banks may deduct a fee, your bank may charge for incoming payments, and if the money is converted, an exchange rate margin comes on top. Agree with the sender who covers the fees, especially for larger amounts.

International payments to Singapore and the BIC

Singapore is not part of the SEPA area. Payments from abroad normally go through the SWIFT network.

In some countries, the account is identified by a local account number instead of an IBAN and sometimes a local routing or branch code. Ask the recipient exactly which details their bank needs for payments from abroad. International transfers sometimes go via one or more intermediary banks.

The cheapest way to send money to Singapore

What you pay for a payment to Singapore is made up of several parts – not only the fee you see. You pay the transfer fee, sometimes charges from intermediary banks along the way and, above all, the exchange rate markup if the money is converted.

The markup on the rate tends to be the biggest part of the cost because it is hidden in the rate. An easy check: put the rate you get against the mid-market rate and look at the difference.

For many routes, a specialist provider is less expensive than a traditional bank transfer, mainly because of the rate. GoldexPay compares what recipients in Singapore receive across services, so you can pick the cheapest route.