Credit Suisse (Singapore) Limited SWIFT/BIC code

SWIFT/BIC code of Credit Suisse (Singapore) Limited

If an invoice shows CSFBSGSX or CSFBSGSXXXX, it is the identical identifier for Credit Suisse (Singapore) Limited in Singapore. A SWIFT code tells the banks handling a payment exactly which bank should receive the money, a bit like a postal address for banks. It comes up mainly for payments that cross a border or a currency.

Further down we go through the practical questions: money coming in from abroad, sending money abroad and how to verify the code before you hit send. The SWIFT code on its own cannot identify an individual account holder; that is what the IBAN or account number .

About this information

We collect SWIFT/BIC codes from public sources and check them from time to time. It can happen that a code on this page is no longer current. The figures we show reflect what is in our directory and not on information from Credit Suisse (Singapore) Limited itself.

Use our data as a reference, rather than as the final word: the recipient’s bank details come first. GoldexPay is a comparison site and not affiliated with Credit Suisse (Singapore) Limited. Found outdated information? Let us know through the contact page.

Tracking a transfer to or from Credit Suisse (Singapore) Limited

How quickly a transfer arrives at Credit Suisse (Singapore) Limited depends on a few things: the currency, the number of banks in between, daily processing deadlines and time zones. Bank holidays in the sending or receiving country add a day or more to the journey. Extra checks by one of the banks can also add some delay, regardless of the details.

If a transfer is delayed, ask your bank about the status or the UETR so they can trace it along the chain. Specialist transfer services often show a status in their app so you can see where the payment has got.

If the money does not arrive within the expected time, the person who paid should contact the bank that sent it, not the receiving bank. On the receiving end, you can look at your statements to see a slightly lower amount because fees can reduce the amount.

8 or 11 characters: CSFBSGSX versus CSFBSGSXXXX

Each SWIFT/BIC code starts with an 8-character core: four letters for the bank, a two-letter country code and two characters for the location. In this case, the 8-character core is CSFBSGSX.

Many payment forms work with both lengths. If yours asks for eleven characters, enter CSFBSGSXXXX.

Enter the code as one block, in capitals and without separators, exactly as shown here. Watch for the letter O and the digit 0 or the letter I and the digit 1; they are easy to mix up.

Singapore Dollar (SGD) and conversion costs

Singapore uses the Singapore Dollar, code SGD. If you send money in a different currency has to be converted somewhere along the way – by your bank, by Credit Suisse (Singapore) Limited or by a bank in between. There is rarely a separate charge for that conversion; it is built into the rate.

Who does the conversion affects the final amount, as rates and margins differ per bank. Transferring the amount already in SGD usually prevents an extra conversion by Credit Suisse (Singapore) Limited – as long as your own rate is good.

Exchange rates change during the day – some services let you fix a rate in advance. On larger amounts, even seemingly small gap in the rate adds up quickly.

Choosing between the 2 SWIFT codes of Credit Suisse (Singapore) Limited

Our database contains 2 SWIFT/BIC codes for Credit Suisse (Singapore) Limited in 1 cities. Besides the head office code CSFBSGSXXXX, there are codes for branches, departments or specific services.

If nobody asks you for a branch code, go with CSFBSGSXXXX or its short form CSFBSGSX. Branch codes are only needed when the account holder specifically mentions it, which is more common for business accounts and specialised services.

The safest route is to copy the code directly from the account holder’s statement. Branch codes are more likely to change than CSFBSGSXXXX.

Receiving money from abroad at Credit Suisse (Singapore) Limited

If you are waiting for a payment from another country, give the sender everything they need in one go. What they need is: the account holder’s name, IBAN or account number, CSFBSGSXXXX or CSFBSGSX and, for some countries, your home address.

Some sending banks also ask for the name and address of Credit Suisse (Singapore) Limited in Singapore. A mistake in the IBAN is more trouble than you might think.

What lands in your account is often less than what was sent. Intermediary banks may deduct a fee, and if the currency changes, an exchange rate margin applies. For business payments, it is common to state who bears the costs to avoid a shortfall.

Watch out for payment fraud

Fraudsters regularly use payment requests containing changed bank details. A valid SWIFT code says nothing about who owns the account.

Before paying, confirm a change of bank details by phone on a number you know, not one from the message. Watch out for urgent requests, odd spelling or a sender address that is slightly off. Already paid? Call your bank without delay and ask them to try to recall the payment; also report it to the police.

Scams also target the receiver. Someone claims to have sent more than agreed and asks you to return the difference via a different route. Do not act before the money has really arrived – ask Credit Suisse (Singapore) Limited if something looks wrong.

Before you send: check the Credit Suisse (Singapore) Limited code

The best place to find the right code remains paperwork issued by the bank. Compare it with CSFBSGSX here.

A wrong SWIFT code may lead to delays, a payment being sent back or additional charges for investigation. An error in the account number can be more serious because it can reach the wrong person, so check that just as carefully.

Most online banking apps check the format of an IBAN and sometimes look up the BIC automatically – that confirms the format, not the owner. Where available, a payee name check on the recipient gives an extra layer of safety. Sending a small amount first can be worth it for large sums despite the extra fee.

Paying someone abroad from your Credit Suisse (Singapore) Limited account

What you pay for an international transfer is made up of more than one component. There is the transfer fee, possibly charges from correspondent banks in between and, most importantly, the margin on the exchange rate.

The markup on the rate is often the biggest item because it is hidden in the rate. An easy check: set the bank’s rate against the mid-market rate for the same moment and look at the difference.

For a lot of routes, a transfer service is less expensive than a traditional bank transfer, mainly because of the exchange rate. GoldexPay lists transfer providers next to each other, showing the amount the recipient gets before you commit. You can still keep your account at Credit Suisse (Singapore) Limited to fund the transfer, while a cheaper service handles the conversion.