When making international money transfers, few things are as frustrating—or as potentially costly—as entering an incorrect SWIFT code. This critical component of global financial transactions ensures your funds reach the intended bank without delay. For those conducting business with Standard Chartered Bank (Singapore) Limited, having the correct SWIFT/BIC code is paramount.
Standard Chartered Bank Singapore: SWIFT Code Details
The SWIFT/BIC code for Standard Chartered Bank (Singapore) Limited is SCBLSG22WMO . This unique identifier precisely locates the bank within the global financial network. When initiating cross-border payments, accuracy in entering this code cannot be overstated.
Complete banking details include:
- Bank Name: Standard Chartered Bank (Singapore) Limited
- SWIFT/BIC Code: SCBLSG22WMO
- City: Singapore
- Address: 7 Changi Business Park Crescent, Level 05-01, MWS-Wealth Management, Singapore 486028
- Country: Singapore
Why SWIFT Code Accuracy Matters
SWIFT codes undergo periodic review and updates to maintain accuracy in the global banking system. Before initiating any transfer to Standard Chartered Bank Singapore, verifying that you're using the most current SWIFT code (SCBLSG22WMO) is strongly advised. This code serves as the financial equivalent of GPS coordinates, routing your payment through the correct channels.
Financial institutions recommend double-checking all account details with the recipient before transferring funds. In international transactions, even minor errors can lead to significant delays or lost payments. The SWIFT code functions not just as a routing mechanism, but as a critical security feature in cross-border finance.
With the correct SWIFT code in hand, individuals and businesses can conduct international transfers with greater confidence, minimizing the risks and complications that sometimes accompany global financial transactions.