SGD
♦ SWIFT (Wire Transfer)
Delivery Time: Same Day Value
Beneficiary Information
Full Beneficiary Name
Beneficiary Country
Beneficiary Address: (Zip Code, Street, City, Province or State).
Beneficiary Bank Details
Beneficiary Account Number: 5–14 digits.
Beneficiary Bank BIC/SWIFT: 8 or 11 characters.
Beneficiary Bank Routing Code: 7-digit.
Purpose of Payment
Possible Purpose: Advertising Fees, Expense Reimbursement, Financial Services, Legal Services, Medical Reimbursement, Payroll, Processing, Trade Related Services, Transaction between Banks, Transportation Costs, Travel Related Services, Personal, Other.
Reference: Monix allows you to submit maximum 50 characters for reference, but the length shown is depend on the beneficiary bank.
Recommended
Beneficiary Bank Branch Address
Notes
Payments to HSBC Singapore should use the following SWIFT Codes regardless of currency:
– “RETAIL/PERSONAL” accounts use SWIFT Code HSBCSGS2, Bank Code must be 9548.
– “CORPORATE” accounts use SWIFT Code HSBCSGSG, Bank Code must be 7232.
♦ Local Settlement
Delivery Time: Four Day Value
Beneficiary Information
Full Beneficiary Name
Beneficiary Country
Beneficiary Address: (Zip Code, Street, City, Province or State).
Beneficiary Bank Details
Beneficiary Account Number: 5–11 digits.
Beneficiary Bank BIC/SWIFT: 8 or 11 characters.
Beneficiary Bank Routing Code: 7-digit.
Singapore Branch Code: Account numbers first 3 digits typically contains the first 3 of branch code (Please be aware this may not be the case for all banks in Singapore).
Beneficiary Bank Country: Singapore
Purpose of Payment
Possible Purpose: Advertising Fees, Expense Reimbursement, Financial Services, Legal Services, Medical Reimbursement, Payroll, Processing, Trade Related Services, Transaction between Banks, Transportation Costs, Travel Related Services, Personal, Other.
Reference: Monix allows you to submit maximum 50 characters for reference, but the length shown is depend on the beneficiary bank.
♦ ADDITIONAL CONSIDERATIONS:
SGD-ACH payments are only available for beneficiaries located in Singapore.
ACCOUNT NUMBER FORMAT FOR CUSTOMERS OF HSBC, OCBC & SBI Customers of The Hong Kong and Shanghai Banking Corporation (HSBC), Overseas-Chinese Banking Corporation Limited (OCBC) and State Bank of India (SBI) must now use the full account number. The full account number includes the branch code followed by the existing account number. It is a 10 or 12 -digit number forOCBC, 12 -digit number for HSBC and 14- digit for SBI. See below for an example of the account number change.
Bank Account Type Branch Code Before After
HSBC Current & Savings 146 123456789 146123456789
OCBC Savings,Current 550 1234567,123456789 5501234567,550123456789
SBI Current 277 12345678901 22712345678901