SWIFT/BIC codes in Singapore: banks starting with F

Singapore: banks and their SWIFT/BIC codes

This overview contains 504 banks and other institutions in Singapore. You need such a code mainly for international transfers.

Look for the bank you need below and click through to see all codes we have. Further down we explain how codes from Singapore are built, how to send money there without overpaying and what to check before you pay.

How long does a transfer to Singapore take?

How quickly money reaches Singapore is determined by several factors: which currency you send, the number of banks in between, cut-off times and differences in time zone. Public holidays in Singapore or in the sending country can add extra days.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Each gpi transfer carries a unique reference, the UETR, which the sending bank can use to trace it. Save your transfer receipt.

The cheapest way to send money to Singapore

The price of a payment to Singapore is made up of more than one component, and the fee on your screen is only one of them. Besides the fee, correspondent banks may take a cut and, if currencies are converted, the bank often applies a rate below the real market rate.

The real cost is often in the rate, rather than in the fee: banks convert at a rate with a margin built in. An easy check: set the offered rate next to the mid-market rate and work out the difference on your amount.

For many routes, a specialist provider turns out to be cheaper than a bank. GoldexPay compares the amount that arrives in Singapore with different services, so you can pick the cheapest route.

Which bank in Singapore has the most codes?

In our data, BNP Paribas Securities Services SA holds the largest number of SWIFT/BIC codes in Singapore. The head office uses BPTSSGSGXXX, which is the code to use when no branch is specified.

The number of codes says more about how it organises its payments than about how big it is. Unless the recipient asks for a branch, the head office code BPTSSGSGXXX works for transfers to this bank.

Paying in SGD: what conversion costs you

Bank accounts in Singapore are typically held in SGD. Money sent in a different currency is converted into SGD on its way to the recipient – and the bank that does it picks the rate.

Which bank converts the payment matters, because each party uses its own rate. Check how much SGD arrives with different services before choosing one. Rates for SGD move all the time, so a quote is usually valid only briefly.

The structure of a Singapore SWIFT/BIC code

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

You can spot a bank code from Singapore by the fifth and sixth characters – those always form the country code of Singapore. When the country letters point to another country, the code belongs to a bank somewhere else, so check again.

An 11-character code adds three characters for a branch – XXX stands for the head office. Use a branch code just if the recipient’s bank asks for it – otherwise stick with the head office.

Why a transfer to Singapore needs a SWIFT code

Because Singapore does not belong to SEPA, an international payment is usually sent through SWIFT. This means the payment always needs the BIC of the recipient’s bank in addition to the account details.

Not all countries use IBAN numbers. Check with the recipient exactly which details their bank needs for incoming international payments – many banks give clear instructions for this. SWIFT payments can pass through one or more intermediary banks and fees can be taken along the way.

About our data and how to check a code

The most reliable source for a SWIFT code is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. If the code you have differs from our list, stop and ask: check with the recipient or the bank.

Our SWIFT/BIC directory draws on public sources that we update periodically. Still, banks merge or retire codes. For a payment of any size, confirm the BIC with the recipient. GoldexPay is an independent comparison site, not a bank.

Scammers often send payment requests with new bank details from what looks like a familiar address. Always confirm changed details through a separate channel, using a number you already had.

Banks in Singapore beginning with the letter :letter

This filter limits the list to banks in Singapore starting with :letter. The figures for Singapore mentioned here apply to every bank we list, not just the ones under :letter.

If the bank you need does not appear here, check the full list: banks are often registered under their full legal name. Use the full list for Singapore if you are not sure how the name is spelled.

Incoming international payments in Singapore

For an international payment in Singapore, the sender has to have not just the BIC. That means: your name exactly as it appears on the account, your account number or IBAN, the BIC of your bank and sometimes your address.

Look up the bank in the list on this page. Certain sending banks may also want the name and address of your bank; it does no harm to include it.

The amount you receive is often less than what was sent. Charges on incoming payments differ from bank to bank – your bank’s price list tells you what applies. On invoices, agree who bears the costs.