Country-specific guidelines Singapore

Country code
SG
Currency
SGD (Singapore Dollar)
Beneficiary bank details
For a payment to a bank in Singapore, a Bank Identification Code (BIC) is mandatory. This is also known as a SWIFT address (Society for Worldwide Interbank Financial Telecommunication).
Beneficiary details
- Singapore does not have an IBAN and no standard account structure.
- Do not use spaces, dashes, comma, or slash (/) in the account number.
- Enter the full name of the person receiving the money in the “Recipient Name” field. Do not use abbreviations.
Cost
These international transfers are subject to private transfer fees and business transfer fees. If you choose for the OUR option, the beneficiary will not be charged anything by their bank. ABN AMRO charges an OUR fee for this.
Processing time
Do you want to know when the money will be in the beneficiary's account? Then check what the processing times for payments are. And for more details per currency type, please consult this overview of cut-off times .