Important Notice for Telegraphic Transfer: Standard Chartered SWIFT Code

Please note that our principal bank, Standard Chartered Bank (Singapore), has fully migrated to the new SWIFT BIC code SCBLSG22XXX.

FSMOne.com
FSMOne.com19 Jun 2026 42 Views
Important Notice for Telegraphic Transfer: Standard Chartered SWIFT Code

Dear FSM Global investors,

Please note that our principal bank, Standard Chartered Bank (Singapore), has fully migrated to the new SWIFT BIC code SCBLSG22XXX.

What Does This Mean?

Previously, Standard Chartered Bank Singapore accepted both SWIFT codes:

  • SCBLSG22XXX (Current)
  • SCBLSGSGXX (Old)

However, with effect from 23 May 2026, all inward telegraphic transfers sent using the old SWIFT code (SCBLSGSG) will be automatically rejected.

What You Need to Do?

If you have previously saved the old SWIFT code in your banking portal or payee list, please update it immediately.

To ensure your funds are transferred smoothly and without delay, please update your saved payee details with the following:

Why This Matters

Any telegraphic transfers sent using the old code (SCBLSGSGXXX) will be rejected.

Rejected transfers will be returned to your originating bank. Due to manual processing required by international banking networks, it may take a significant amount of time to receive your funds back. This could cause you to miss important market opportunities while your money is in transit.

Helpful Tip

If you have Standard Chartered Singapore saved as a frequent payee or template in your banking app, please check the SWIFT code and update it to SCBLSG22XXX if the old code is still listed.

Are you transferring funds via Wise? Here’s an article to help you through the process - How to use Wise to transfer USD or Foreign Currencies to FSM Global.

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