The Bank of Nova Scotia, Singapore Branch SWIFT/BIC code

SWIFT/BIC code of The Bank of Nova Scotia, Singapore Branch

NOSCSGSG and NOSCSGSGXXX are two spellings of the same bank identifier, and both lead to The Bank of Nova Scotia, Singapore Branch in Singapore. A SWIFT code shows the banks handling a payment which institution should receive the money, much like a postcode for banks. You will need it mostly for payments that cross a border or a currency.

We wrote this page to help people who pays into an account at The Bank of Nova Scotia, Singapore Branch and wants to get the details right. The BIC names an institution, never a single account, which is why you always need the account number too.

Watch out for payment fraud

A common scam goes like this: you receive a request claiming that a supplier has a new bank account. A real SWIFT code tells you nothing about whether the request is genuine.

Check changed payment details via a different channel, not by replying to the message. Watch out for urgent requests, unusual wording or an email address that differs by one letter. If a payment was sent to the wrong account, call your bank right away – speed improves the chance of getting it back.

Fraud also work the other way: someone claims to have sent more than agreed and wants you to return the difference via a different route. Wait until the money has really arrived – ask The Bank of Nova Scotia, Singapore Branch if something looks wrong.

A note on our data

The details on this page are taken from public sources which we refresh regularly. Banks merge, change names and retire codes. The number of codes we show reflect our own data, not official figures from The Bank of Nova Scotia, Singapore Branch.

For any payment of any size, check the code with The Bank of Nova Scotia, Singapore Branch or the recipient. GoldexPay is independent of The Bank of Nova Scotia, Singapore Branch, we only compare transfer services. If you notice something that is out of date, we appreciate a short note.

Tracking a transfer to or from The Bank of Nova Scotia, Singapore Branch

An international transfer typically needs one to a few business days. Transfers sent after the cut-off time or just before a weekend or public holiday often start a business day later. Compliance checks by one of the banks may also add some delay, even when all details are correct.

When a payment takes longer than expected, ask your bank for the tracking status and the transaction reference. Specialist transfer services often show a status online so you can see where the money is.

A missing payment has to be investigated by the sending bank. Request from the sender the payment receipt with the date and reference.

Is NOSCSGSG still correct? How to check

The most reliable place for the correct BIC is a document from the bank itself like a bank statement or the account page in online banking. If the code you have differs from NOSCSGSG or NOSCSGSGXXX, stop and ask.

Mistakes in the BIC are costly more than disastrous – usually the money comes back, minus fees and time lost. Do not forget the IBAN: a mistake there is harder to correct than a wrong code.

Most online banking apps check the format of an IBAN and some suggest the matching BIC – that confirms the format, not the owner. If your bank offers it, a name check before sending gives extra certainty. Sending a small amount first can be a sensible step for large sums.

Receiving money from abroad at The Bank of Nova Scotia, Singapore Branch

When you are waiting for a payment from another country, give the sender everything they need in one go. Share the account holder’s name, your account number or IBAN, the BIC NOSCSGSGXXX and your address.

It helps to include the bank name and its city too. Double-check the details before you send them, because the sender’s bank usually copies them as is.

Expect that the amount credited is smaller than what the sender paid. Charges on incoming payments differ from bank to bank. Make clear with the sender who covers the fees before the money is sent.

Paying someone abroad from your The Bank of Nova Scotia, Singapore Branch account

What you pay for a payment abroad is made up of several parts – not just the fee on your screen. Besides a fixed fee, correspondent or intermediary banks may take a cut, and if the money changes currency the bank often uses a rate that is less favourable than the actual market rate.

The real cost is often in the rate: the bank converts at a rate with a margin built in. An easy check: put the bank’s rate against the mid-market rate for the same moment and look at the difference.

Specialist money transfer services often offer a rate near the mid-market rate and lower fees. GoldexPay compares what recipients receive across services, so you can pick the cheapest route. You can always keep your account at The Bank of Nova Scotia, Singapore Branch to fund the transfer, while a cheaper service handles the conversion.

The Singapore Dollar and what conversion costs you

Accounts at The Bank of Nova Scotia, Singapore Branch are usually held in SGD, the national currency of Singapore. A payment in a foreign currency will be exchanged into SGD before it reaches the account – and the bank that does it picks the rate. Every conversion costs something.

Who converts the payment matters. Compare how much SGD arrives with different services.

The rate for SGD fluctuates throughout the day. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.

Head office or branch code at The Bank of Nova Scotia, Singapore Branch?

Our database contains 3 SWIFT/BIC codes for The Bank of Nova Scotia, Singapore Branch. Next to the head office code NOSCSGSGXXX, there are codes for branches, departments or specific services.

For the vast majority of incoming transfers, the head office code NOSCSGSGXXX is what you need. A branch code only makes sense when the account holder explicitly mentions it, which is more common for business accounts and specialised services.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Branch codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

8 or 11 characters: NOSCSGSG versus NOSCSGSGXXX

The structure of a BIC is always the same: four characters for the institution, a two-letter country code and a two-character location code, plus an optional branch code. For The Bank of Nova Scotia, Singapore Branch, the 8-character core is NOSCSGSG.

The 11-character version adds three more characters that identify a branch or department. If the last three are XXX, they simply mean the head office.

Type the code in one piece, in capitals and without spaces. Pasting the code is safer than retyping it: a typo can point to another bank.