Havenport Asset Management Pte LTD SWIFT/BIC code

Havenport Asset Management Pte LTD SWIFT code: HVPASGS1

The short code HVPASGS1 and the full code HVPASGS1XXX identify one and the same institution: Havenport Asset Management Pte LTD, with its head office in Singapore. The code has a single purpose: it ensures that a cross-border transfer ends up at the right bank. You will need it mainly when dealing with transfers between countries and payments in foreign currencies.

On this page we explain what the code is put together, when you need it and what else a transfer to or from Havenport Asset Management Pte LTD requires. Keep in mind that the BIC only identifies the bank, not the person: the account number or IBAN does that part.

HVPASGS1 or HVPASGS1XXX – which one to use?

Every SWIFT/BIC code has an 8-character core: four letters for the bank, a two-letter country code and two characters for the location. That gives you HVPASGS1, the short form of the code.

The 11-character version has a three-character extension for a branch or department. When those three characters are XXX, they simply mean the head office, which is why HVPASGS1XXX and HVPASGS1 lead to the same place.

Enter the code as one block, in upper case and without separators, exactly as shown here. Pasting the code beats retyping it.

Protect yourself against fake payment requests

Fraudsters regularly use fake invoices containing changed bank details sent from what looks like a familiar address. That HVPASGS1 is a real code does not mean that the account is genuine; criminals use the codes of real banks too.

Check new bank details via a different channel. Be suspicious of time pressure, unusual wording or an email address that differs by one letter. When money was sent to the wrong account, contact your bank immediately.

Scams also work the other way. Someone sends too much and asks you to refund the extra to a new account. A screenshot of a transfer is no proof.

How up to date is this code?

The codes here are taken from publicly available data which we refresh regularly. Banks merge, change names and retire codes – a directory can be a step behind. The figures we show reflect what is in our directory, not official figures from Havenport Asset Management Pte LTD.

Use our data as a reference, not as the final word – the bank details from the recipient are leading. GoldexPay is not affiliated with Havenport Asset Management Pte LTD, we only compare transfer services. Spotted an error? Tell us via our contact form so we can correct it.

Transfer times and tracking a payment to Havenport Asset Management Pte LTD

How quickly a payment arrives at Havenport Asset Management Pte LTD is determined by a few things: which currency you send, how many intermediary banks are involved, cut-off times and differences in time zone. Bank holidays in either country can add extra days, since banks do not process on those days. Occasionally a bank wants to know what the payment is for.

If the money seems delayed, contact your bank for the status or the UETR. Keep the payment confirmation – you will need it for any trace request.

The bank that sent the money is able to request a trace; the receiving side usually has nothing to trace yet. Request from the sender the payment receipt with the date and reference.

Incoming international payments to Havenport Asset Management Pte LTD

To receive a transfer from abroad at Havenport Asset Management Pte LTD, the person paying you has to have not just the SWIFT code. What they need is: your name, IBAN or account number, HVPASGS1XXX or HVPASGS1 and, for some countries, your postal address.

Certain sending banks also ask for the name and address of Havenport Asset Management Pte LTD, so keep it at hand. Check each detail before you share them – a sender rarely spots a mistake in someone else’s details.

What lands in your account is often lower than the amount sent. Correspondent banks can take a fee, Havenport Asset Management Pte LTD may charge for incoming payments, and if the money is converted, an exchange rate margin applies. For business payments, you can agree how the fees are split.

Sending money abroad from Havenport Asset Management Pte LTD

If you transfer money to another country via Havenport Asset Management Pte LTD, the visible fee is only part of the cost. There is the transfer fee, possibly fees charged by intermediary banks in between and, most importantly, the exchange rate markup when the money is converted.

The real cost is often in the rate: the bank converts at a rate with a margin built in. An easy check: set the bank’s rate next to the mid-market rate and work out the difference on your amount.

For a lot of routes, a specialist provider turns out to be less expensive than a bank – mostly thanks to the rate. Before your next transfer, it is worth comparing what arrives via GoldexPay rather than accepting the bank’s rate by default. You can always keep your account at Havenport Asset Management Pte LTD.

Which of the 2 codes of Havenport Asset Management Pte LTD do you need?

With 2 codes in 1 locations, Havenport Asset Management Pte LTD is one of the banks that use separate codes for branches. The main code is HVPASGS1XXX.

For the vast majority of incoming transfers, the head office code HVPASGS1XXX is what you need. Only use a branch code when the recipient explicitly asks for it, for example on a letter or invoice.

Not sure which code applies? Ask the recipient, or look at a recent statement from Havenport Asset Management Pte LTD. Branch codes are more likely to be retired than the head office code.

Before you send: check the Havenport Asset Management Pte LTD code

The most reliable source for the BIC is the bank details provided by the recipient: an invoice, a bank statement or their online banking. When the code you were given differs from HVPASGS1 or HVPASGS1XXX, stop and ask – contact the recipient or Havenport Asset Management Pte LTD.

Errors in the BIC are annoying more than disastrous – usually the money comes back, minus fees and time lost. A mistake in the account number can be a bigger problem, because the money may be credited to someone else; check it just as carefully.

Most online banking apps check the format of an IBAN and sometimes look up the BIC automatically. More and more banks compare the name against the account. Sending a small amount first can be a sensible step for a large first payment despite the extra fee.

Paying into Havenport Asset Management Pte LTD in SGD

The currency of Singapore is the Singapore Dollar (SGD). Money sent in a different currency will be converted into SGD before it reaches the account – and the bank that does it picks the rate. You rarely see a separate charge for that conversion; it is built into the rate.

Which bank converts the money makes a difference. In many cases it is cheaper to send SGD directly through a transfer service that converts near the mid-market rate.

The SGD rate fluctuates constantly. If you pay regularly, a slightly better rate add up over a year.