Major Banks in Singapore

Singapore's banking system runs on MEPS+ (MAS Electronic Payment System) and FAST (instant). The country's currency is the SGD. The major banks below handle the vast majority of inbound and outbound SWIFT payments to Singapore.

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Singapore runs its domestic interbank settlement on MEPS+ (MAS Electronic Payment System) and FAST (instant). International SWIFT payments arrive at one of the major correspondents listed below before being credited via the domestic system.

Top banks in Singapore: DBS Bank (DBSSSGSG, Singapore), OCBC (OCBCSGSG, Singapore), UOB (UOVBSGSG, Singapore).

DBS Bank — SWIFT/BIC DBSSSGSG, headquartered in Singapore. Largest bank in Southeast Asia; major SGD / USD clearer.

OCBC — SWIFT/BIC OCBCSGSG, headquartered in Singapore. Top-three Singaporean bank; strong ASEAN presence.

UOB — SWIFT/BIC UOVBSGSG, headquartered in Singapore. Major regional bank; SME and trade finance focus.

If you have sent or received a SWIFT payment routed through any of these banks, you can verify it for free on Ohmyfin. Paste the 36-character UETR (from your MT103 or pacs.008 confirmation) into the homepage tracker to see the latest available SWIFT status — settled, in flight, pending compliance, or rejected.

Key facts

Country: Singapore (SG)
Currency: SGD
Domestic settlement: MEPS+ (MAS Electronic Payment System) and FAST (instant)
Number of major banks listed: 3
Trackable on Ohmyfin: yes — free via UETR

Frequently asked questions

What are the major banks in Singapore?

The largest banks in Singapore include DBS Bank, OCBC, UOB.

What is the SWIFT code for DBS Bank?

DBS Bank's primary SWIFT/BIC is DBSSSGSG (head office in Singapore). Branches use 11-character extensions of this code.

How are domestic payments settled in Singapore?

MEPS+ (MAS Electronic Payment System) and FAST (instant)

How do I track a SWIFT payment to or from Singapore?

Paste the UETR into the Ohmyfin tracker. You will see the latest available SWIFT status in seconds — including which correspondent bank in Singapore (or the international intermediary) is currently holding the payment.

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SWIFT, SWIFTNet, SWIFT GPI, SWIFT Go, UETR, BIC, MT, MX, FIN, pacs.008, pacs.009, camt, ISO 20022 and related message-type identifiers, codes and logos are trademarks, service marks or registered marks of Society for Worldwide Interbank Financial Telecommunication SCRL (S.W.I.F.T. SC), with registered office at Avenue Adèle 1, 1310 La Hulpe, Belgium, and/or ISO 20022 Registration Authority. IBAN is published under ISO 13616. Visa, Mastercard, SEPA, Fedwire, FedNow, CHAPS, TARGET2, RTGS and all bank names, brand names, BIC codes and logos referenced on this site are the property of their respective owners and are used purely for descriptive and reference purposes under nominative fair use.

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Major Banks in Singapore

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