Cantor Fitzgerald (Singapore) Capital Markets Limited SWIFT/BIC code

CFSPSGS1 – the SWIFT/BIC code of Cantor Fitzgerald (Singapore) Capital Markets Limited

CFSPSGS1 and CFSPSGS1XXX are two ways of writing the same bank identifier, and both point to Cantor Fitzgerald (Singapore) Capital Markets Limited in Singapore. A SWIFT code tells the sending bank which institution is meant to get the money, a bit like a postal address for banks. In practice you usually come across it on international invoices, in payment forms and in the bank details that Cantor Fitzgerald (Singapore) Capital Markets Limited provides.

We wrote this page to help people who receives money at an account at Cantor Fitzgerald (Singapore) Capital Markets Limited and wants to get the details right. Keep in mind that the SWIFT code just identifies the bank, not the account: the IBAN or account number takes care of that.

Paying someone abroad from your Cantor Fitzgerald (Singapore) Capital Markets Limited account

A bank transfer abroad can cost rather more than the fee suggests. Besides the transfer fee, banks in between may take a cut, and if currencies are converted, the bank usually applies a rate below the actual market rate.

The markup on the rate tends to be the largest item. Check the rate you are offered with the mid-market rate – the rate you find on financial news sites.

Money transfer services often offer a rate near the mid-market rate and lower fees. On GoldexPay we compare the amount that arrives with different services. You can still keep your account at Cantor Fitzgerald (Singapore) Capital Markets Limited to fund the transfer.

8 or 11 characters: CFSPSGS1 versus CFSPSGS1XXX

Every SWIFT/BIC code has an 8-character core: four letters for the bank, two letters for the country and a two-character location code. The result is CFSPSGS1 for Cantor Fitzgerald (Singapore) Capital Markets Limited.

XXX at the end of CFSPSGS1XXX is not a placeholder or an error: it stands for the head office of Cantor Fitzgerald (Singapore) Capital Markets Limited. Certain payment forms ask for 11 characters, and then you simply add XXX after CFSPSGS1.

Enter the code in one piece, in upper case and without separators. Watch for O versus 0 and the letter I and the digit 1.

Is CFSPSGS1 still correct? How to check

Ask the recipient to copy the bank details directly from their banking app. Compare it with CFSPSGS1 here and ask if anything does not match.

Errors in the SWIFT code tend to be annoying rather than disastrous. A mistake in the account number can be a bigger problem, because the money may be credited to someone else, so check that just as carefully.

Many banking apps check the format of IBANs and some suggest the matching BIC – that confirms the format, not the owner. More and more banks check the name with the account; take any warning seriously. For a first payment, some people start with a small test amount and wait for confirmation.

What to give a sender who pays you at Cantor Fitzgerald (Singapore) Capital Markets Limited

To receive a transfer from abroad at Cantor Fitzgerald (Singapore) Capital Markets Limited, the sender needs not just the SWIFT code. That means: your full name as registered with Cantor Fitzgerald (Singapore) Capital Markets Limited, your account number or IBAN, the BIC CFSPSGS1XXX (or CFSPSGS1) and, often, your address.

The sender’s bank might also ask for the bank address of Cantor Fitzgerald (Singapore) Capital Markets Limited. Check every detail before you share 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. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, an exchange rate margin comes on top. Agree with the sender who pays which costs.

A note on our data

We collect SWIFT/BIC codes from publicly available data and update them regularly. Even so, banks merge, rename themselves or retire codes. The number of codes we show are based on what is in our directory and not on information from Cantor Fitzgerald (Singapore) Capital Markets Limited itself.

Treat this page as a reference, not as the last word – the bank details from the recipient are leading. GoldexPay has no connection to Cantor Fitzgerald (Singapore) Capital Markets Limited. If you notice a mistake, we welcome a message via the contact page.

Head office or branch code at Cantor Fitzgerald (Singapore) Capital Markets Limited?

Cantor Fitzgerald (Singapore) Capital Markets Limited has 2 different SWIFT/BIC codes across 1 cities. Only one is the head office code; the others belong to branches or departments, and sometimes specific services.

For most payments to a private or business account, the head office code CFSPSGS1XXX is the right choice. Just use a branch code when your contact gives you that exact code, for example on a letter or invoice.

Unsure which code applies? Ask the recipient. Codes can change when banks reorganise, so do not rely on old paperwork.

When will the money arrive at Cantor Fitzgerald (Singapore) Capital Markets Limited?

A SWIFT payment usually takes anywhere from one to several business days, depending on the currency, the route and the banks involved. Bank holidays in the sending or receiving country can add a day or more. Occasionally a bank wants to know about the purpose of a payment.

Many banks use SWIFT gpi for faster and traceable payments. Every gpi transfer gets a unique reference, the UETR. Specialist transfer services usually show a status online so you can see where the money has got.

If the money does not arrive after a few business days, the person who paid needs to start with their own bank rather than Cantor Fitzgerald (Singapore) Capital Markets Limited. As a recipient, it helps to look at your statements for a slightly lower amount because fees can reduce the amount.

Singapore Dollar (SGD) and conversion costs

Accounts at Cantor Fitzgerald (Singapore) Capital Markets Limited are typically held in SGD, the local currency of Singapore. Money sent in a different currency is exchanged into SGD on its way to Cantor Fitzgerald (Singapore) Capital Markets Limited. Each conversion eats into the amount.

Who does the conversion has an effect on how much arrives, since every bank sets its own rate. Check how much SGD the recipient gets via different providers; the difference between options can be larger than you expect.

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

Watch out for payment fraud

Stay wary when a contact suddenly wants you to send money to a different account. The fact that CFSPSGS1 exists does not mean that the account is genuine – fraudsters use real bank codes as well.

Do not rely on a phone number from the same email that contains the new account. Watch out for time pressure, unusual wording or an email address that differs by one letter. Acted too fast? Call the bank you paid from straight away and ask them to try to recall the payment and report the fraud.

Recipients can be targeted as well: a classic trick is an overpayment followed by a request to send back the difference abroad. A screenshot of a transfer is no proof; only your own account shows what has arrived.