Nomura Singapore Limited SWIFT/BIC code

Nomura Singapore Limited SWIFT code: SNOMSGL1

If an invoice shows SNOMSGL1 or SNOMSGL1XXX, it is the identical address for Nomura Singapore Limited in Singapore. A BIC does one job: it makes sure that an international payment reaches the right bank. You will need it mostly for payments that cross a border and payments in foreign currencies.

We wrote this page to help anyone who sends money to an account at Nomura Singapore Limited. The SWIFT code on its own does not identify an individual account holder; for that you need the IBAN or account number .

How to check SNOMSGL1 before you pay

Have the recipient copy the bank details straight from their online banking. If the code you have does not match SNOMSGL1 or SNOMSGL1XXX, stop and ask.

A wrong SWIFT code may lead to delays, a payment being sent back or additional charges along the way. Do not forget the IBAN: a mistake there can be more difficult to undo than a wrong code.

Many banking apps validate the structure of IBANs and some suggest the matching BIC, but that does not prove the account belongs to the right person. Some banks now check the name with the account before you confirm; take any warning seriously. When you pay someone new, many people send a small test amount before sending the rest.

Singapore Dollar (SGD) and conversion costs

Singapore pays in the Singapore Dollar, with the currency code SGD. If you send money in a different currency has to be converted somewhere along the way – by your bank, by Nomura Singapore Limited or by a bank in between. Each conversion costs the amount.

Which bank converts the payment matters, because each party uses its own rate. Compare what SGD arrives via different services before choosing one.

Exchange rates move all the time – some services let you fix a rate in advance. With bigger transfers, even small gap in the rate adds up quickly.

SNOMSGL1 or SNOMSGL1XXX – which one to use?

Each SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. That gives you SNOMSGL1.

XXX at the end of SNOMSGL1XXX is not a placeholder or a mistake: it indicates the head office of Nomura Singapore Limited. Some forms ask for 11 characters, and then you simply add XXX after SNOMSGL1.

As a rule the code is typed in capitals and without spaces. Copying the code beats typing it by hand.

Getting paid from abroad into a Nomura Singapore Limited account

If you expect money from abroad, send the payer all details at once. In practice that means: your name exactly as it appears on the account, your IBAN or account number, the BIC SNOMSGL1XXX and, often, your postal address.

Certain banks also ask for the bank’s address, so keep it at hand. A typo in your account number can be harder to fix than it looks; copy them from your banking app rather than typing.

The amount you receive is often less than what was sent. Charges on incoming payments differ per bank; check the price list of Nomura Singapore Limited. For business payments, you can agree who bears the costs.

Head office or branch code at Nomura Singapore Limited?

With 2 codes, Nomura Singapore Limited is one of the banks that use individual codes for parts of the organisation and departments. The head office code is SNOMSGL1XXX.

For the vast majority of payments to a private or business account, the head office code SNOMSGL1XXX works fine. Only use a branch code when the account holder explicitly asks for it.

When in doubt, ask the person you are paying which code their bank gave them. Codes are sometimes changed or retired over time.

Scams that use SWIFT codes

A common scam goes like this: an email arrives with a message saying that a supplier has a new bank account and asking you to pay there from now on. A correct SWIFT code says nothing about who owns the account.

Check new bank details via a separate channel, such as a phone number you already know, not by replying to the message. Be suspicious of time pressure, unusual wording or an email address that differs by one letter. Acted too fast? Call the bank you paid from without delay and have them start a recall.

Fraud also work the other way: someone sends too much and wants you to return the difference. A screenshot of a transfer proves nothing.

Sending money abroad from Nomura Singapore Limited

A bank transfer abroad costs rather more than the listed fee. On top of a fixed fee, correspondent or intermediary banks can take a cut, and if currencies are converted, the bank often uses a rate below the actual market rate.

The markup on the rate tends to be the largest item, and it is easy to miss. A simple test: put the rate you get against the mid-market rate and look at the difference.

For many routes, a transfer service turns out to be cheaper than a traditional bank transfer, mainly because of the exchange rate. GoldexPay lists transfer providers next to each other so you can see what actually arrives for the same amount sent. You can always use your account at Nomura Singapore Limited as the source of the money.

How long does an international transfer to Nomura Singapore Limited take?

There is no fixed answer: many arrive within a day while others need several business days. Bank holidays in either country add a day or more to the journey. Compliance checks on larger or unusual payments can also add a delay, even when all details are correct.

A growing number of banks use SWIFT gpi for faster and traceable payments. Every payment carries a unique reference, the UETR, which your bank can use to see where the money is. Keep the payment confirmation.

A missing payment is traced from the sending side, using the payment confirmation. On the receiving end, it helps to look at your account to see a slightly lower amount, since fees may have been deducted.

About this information

We gather SWIFT/BIC codes using public sources and update our list regularly. Even so, banks merge or change codes and our data may lag behind. Counts and locations come from our own dataset.

For any payment that matters, always check the code with the recipient’s bank or the recipient. GoldexPay is not affiliated with Nomura Singapore Limited; we are a comparison site for money transfers. If you notice a mistake, we welcome a message.