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Final Reminder: Use BIC SCBLSG22 from 23 May 2026

In May 2019, we consolidated our business operations in Singapore under Standard Chartered Bank (Singapore) Limited (“SCBSL”). As a result, all telegraphic transfers are to be processed using SCBLSG22, SCBSL’s Business Identifier Code (BIC).

Please note that from 23 May 2026, all inward telegraphic transfers (ITT) sent using BIC SCBLSGSG will be rejected. In addition, any saved payees using BIC SCBLSGSG will be removed.

Please request the remitter to use BIC SCBLSG22 for future ITT payments to your account.

Beneficiary Bank Standard Chartered Bank (Singapore) Limited
Bank Code 9496
BIC to use SCBLSG22
BIC not to use (from 23 May 2026) SCBLSGSG (ITT sent using this BIC will be rejected)

 

Frequently asked questions (FAQ)

1. What happens if an ITT is sent using BIC SCBLSGSG after 23 May 2026?

The ITT will be rejected and returned to the remitter (subject to the remitter bank’s processing timelines).

2. I have a saved payee with BIC SCBLSGSG. What should I do?

The payee will be removed. Please add the payee again using BIC SCBLSG22.

3.Which BIC should be used for ITT to my account?

Please use BIC SCBLSG22 (Standard Chartered Bank (Singapore) Limited).