The Development Bank of Singapore (DBS) Swift code is a unique identifier that facilitates secure and efficient international transactions. It's a crucial part of the SWIFT network.
DBS Swift code is used to identify DBS Bank in international transactions, ensuring that payments are processed correctly and securely.
The DBS Swift code is a combination of letters and numbers that represents the bank's name and location.
DBS Swift/Bic Codes
The Development Bank of Singapore Ltd has a SWIFT/BIC code of DBSSSGSGXXX.
The SWIFT code is used for international transactions and can be broken down into its components. The bank code is DBSS, the country code is SG, the location code is SG, and the branch code is XXX.
Here is a breakdown of the DBS SWIFT/BIC code:
What are DBS Swift/Bic Codes?
DBS Swift/Bic Codes are unique codes assigned to financial institutions for international transactions.
They're used to identify the sender and recipient banks in a transaction.
A Swift code is an 8-11 character code that represents the bank's name and location.
DBS Bank's Swift code is DBSSSGSG.
The Bic code, on the other hand, is an 8-11 character code that represents the bank's name and location, similar to the Swift code.
DBS Bank's Bic code is DBSSSGSGXXX.
These codes are essential for international transactions, allowing banks to identify the sender and recipient banks.
They're used in wire transfers, international payments, and other cross-border transactions.
How to Find DBS Swift/Bic Codes
To find a DBS Swift/BIC code, you can check the DBS website.
DBS Swift/BIC codes are usually located at the bottom of your bank statements or on your cheque books.
You can also contact your bank's customer service to ask for your DBS Swift/BIC code.
DBS Swift/BIC codes are unique to each bank and branch, so you need to provide the correct code to ensure smooth international transactions.
DBS Swift/BIC codes are usually 8 or 11 characters long and consist of a combination of letters and numbers.
What Is Swift Code?
A SWIFT code is a unique identifier for a bank or financial institution.
SWIFT codes are also known as BIC codes, which stands for "Business Identifier Code".
SWIFT codes are used to move money around the world via international bank transfers.
To send money to a specific bank, you would need the SWIFT code of that bank, plus the recipient's IBAN number.
Frequently Asked Questions
What is Bank of Singapore Singapore SWIFT code?
The SWIFT/BIC code for Bank of Singapore is INGPSGSGXXX. This unique code is used for international transactions and payments.
Is SWIFT code same for all DBS branches?
No, SWIFT codes are not the same for all DBS branches, but you can use the 8-character head office code as a fallback. You can check the correct SWIFT code for your branch on our website.
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