SGD
S$
Singapore Dollar
Official currency of Singapore
ISO Country Code
SG
Decimal Places
2 / 4
Subunit
cent
Payment Methods Available
Payment Options
Available payment methods and requirements
Choose the right payment method for your needs
Priority Payment
Fast processing with priority serviceM | SWIFT |
|---|---|
Cut-off Time (UK) | 13:30 |
D | Next Day |
M | No limit |
D | Any (excluding sanctioned) |
Trace | Available |
Recall | Available |
Ultimate Payer Displayed | Available |
Required Fields
Field requirements for this payment methodRecipient Name
Recipient Address
Recipient City
Recipient Bank Code
BIC/SWIFT
Account Number
IBAN
Standard Payment
Standard payment processingM | FAST |
|---|---|
Cut-off Time (UK) | 24-hour a day, (Mon-Fri) |
D | Same Day |
M | SGD 200,000 |
D | Singapore |
Trace | Not Available |
Recall | Not Available |
Ultimate Payer Displayed | Not Available |
Required Fields
Field requirements for this payment methodRecipient Name
Recipient Address
Recipient City
Recipient Bank Code
BIC/SWIFT
Account Number
IBAN
Currency Holidays
Currency settlements pause on public or bank holidays.
Currency Holiday Calendar
Official non-business days for this currency- Oct
20
2025Deepavali
In 57 daysMonday, October 20, 2025
- Dec
25
2025Christmas Day
In 123 daysThursday, December 25, 2025
Account Format
Standards for account numbers and IBAN
Account Format & Structure
Standardised format for financial accounts with this currencyFormat Standards
| Format Type | Structure Pattern |
|---|---|
BBAN Basic Bank Account Number | BBB-YYYYYYYYYY |
Example Accounts
| Account Type | Example Format |
|---|---|
B Bank Code | 7171 |
B Branch Code | 003 |
A Account Number | 4567890 |
B BBAN | 7171-003-4567890 |
Always double-check account formats before initiating payments to ensure successful transactions.
Additional Notes
Important information and special considerations
Special Considerations
Important notes and requirements for SGD paymentsPlease review these important notes before processing payments in SGD
1
SGD is managed under a floating rate system linked to a basket of currencies.2
FAST and GIRO are used for domestic transfers via bank code and branch code routing.3
SWIFT messages must use permitted characters: letters, numbers, spaces, and symbols / – ? : ( ) . , ‘ +4
Non-ASCII characters will be transformed to ASCII equivalent or removed on a best endeavours basis in order to comply with the restrictions of the domestic payment scheme.
For more information about payment requirements for SGD, contact your account manager or refer to the latest regulations.
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