The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV) SWIFT/BIC code

ABNASGSG – the SWIFT/BIC code of The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV)

Whether a recipient gives you ABNASGSG or ABNASGSGXXX, it is the same address for The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV) in Singapore. A SWIFT code tells every bank in the chain exactly which bank is meant to get the money, much like a postcode for banks. It comes up mainly for transfers between countries.

On this page you can read what the code means, when you need it and what else a transfer to or from The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV) requires. The SWIFT code alone cannot identify a personal account; for that you need the IBAN or account number is for.

Verifying the SWIFT code of The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV)

The safest source for a SWIFT code is the bank details provided by the recipient. Check that code with ABNASGSG on this page; if they differ, ask before you pay.

An incorrect BIC may lead to a delay, a returned payment or additional charges for investigation. Do not forget the account number: a mistake there is more difficult to undo than a wrong BIC.

A validity check by your bank merely confirms that the code exists – not that it belongs to the person you mean to pay. Some banks now compare the name against the account before you confirm – do not ignore a mismatch warning. For a first payment, some people send a small amount first before sending the rest.

Head office or branch code at The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV)?

With 2 codes, The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV) belongs to the banks that register individual codes for parts of the organisation. The head office code remains ABNASGSGXXX.

For most incoming transfers, the head office code ABNASGSGXXX works fine. Branch codes are only needed if the account holder explicitly mentions it, which is more common for corporate accounts and trade services.

The safest route is to take the code directly from the account holder’s statement. Branch codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.

Changed bank details? Be careful

Fraudsters often send payment requests with new bank details sent from what looks like a familiar address. A valid SWIFT code says nothing about who owns the account – scammers simply use real codes.

Always confirm changed bank details by phone. Be suspicious of time pressure, unusual wording or an email address that differs by one letter. If money was sent to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Fraud can also target the receiver. Someone sends too much and asks you to return the extra via a different route. A screenshot of a transfer is no proof – check your own account.

ABNASGSG or ABNASGSGXXX – which one to use?

The layout of every SWIFT code never changes: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. The result is ABNASGSG for The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV).

The 11-character version has a three-character extension that identify a branch or department. When those three characters are XXX, the code points to the head office, which is why ABNASGSGXXX and ABNASGSG lead to the same place.

Enter the code as one block, in upper case and without spaces, exactly as shown here. Watch for O versus 0 and the letter I and the digit 1, a common source of typos.

About this information

The directory on GoldexPay is compiled from publicly available sources and we update it periodically. Banks reorganise, close branches and change codes – a directory can be a step behind. Figures such as the number of codes are from our own dataset.

For a payment that matters, confirm the BIC with the recipient’s bank or the recipient. GoldexPay is not affiliated with The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV). Spotted outdated information? Let us know via our contact form so we can correct it.

Tracking a transfer to or from The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV)

How fast a payment reaches The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV) depends on several factors: the currency, how many intermediary banks are involved, cut-off times and time zones. Bank holidays in the sending or receiving country add a day or more, since banks do not process on those days. Sometimes a bank asks about the purpose of a payment before releasing it.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer gets a unique transaction reference, the UETR that banks can use to trace it. Specialist transfer services often show tracking online so you can see how far the payment has got.

If the money does not arrive after a few business days, the person who paid should contact their own bank. Ask the sender for a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

Singapore Dollar (SGD) and conversion costs

The national currency of Singapore is the Singapore Dollar (SGD). If you send money in a different currency, the amount has to be converted at some point – by your bank, by The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV) or by a bank in between. You rarely see a separate charge for that conversion – the cost sits in the rate.

Which bank converts the money makes a difference. In many cases you pay less if you send SGD straight away via a transfer service that converts near the mid-market rate.

Rates for SGD change all the time, and some providers let you lock in a rate. With bigger transfers, a seemingly small gap in the rate adds up quickly.

Receiving money from abroad at The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV)

When you expect money from abroad, give the sender all details at once. In practice that means: your full name as registered with The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV), your IBAN or account number, the BIC ABNASGSGXXX and, often, your postal address.

You can add The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV) and Singapore too. A mistake in the IBAN is more trouble than it looks, so copy the details from your online banking.

What lands in your account is often less than the amount sent. Fees for incoming transfers vary per bank. Agree with the sender who covers the fees.

Sending money abroad from The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV)

An international bank payment costs more than the fee suggests. There is the transfer fee, possibly fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate when the money is converted.

The markup on the rate tends to be the biggest cost because it is hidden in the rate. A simple test: set the rate you get next to the mid-market rate and look at the difference.

For many currency pairs, a specialist provider is cheaper than a bank. GoldexPay lists these services side by side, showing what actually arrives for the same amount sent. You can still use your account at The Royal Bank of Scotland PLC Singapore (Formerly Known AS Rbs NV) as the source of the money, while a cheaper service handles the conversion.