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ICICI Bank Singapore 2026: Accounts, Services, Fees and Digital Banking

ICICI Bank Singapore

ICICI Bank Singapore is the Singapore branch of ICICI Bank Limited, serving retail, NRI, corporate and institutional customers through deposits, remittances, branch support, digital banking and business banking services. The public branch is listed at 9 Raffles Place, #50-01 Republic Plaza, Singapore 048619. Customers should verify branch hours, transfer codes, fees and account terms with ICICI Bank Singapore or the Monetary Authority of Singapore before relying on any banking detail for a transaction.

Qualifying Full Bank
MAS Regulated
SWIFT: ICICSGSG
Republic Plaza Branch

Main Details

Bank Name
ICICI Bank Limited, Singapore Branch
Parent Bank
ICICI Bank Limited, India
Founded
ICICI Bank was incorporated in 1994 as part of the ICICI group.
Head Office
Mumbai, India
Singapore Licence Category
Listed by MAS as a Qualifying Full Bank.
Singapore Branch Address
9 Raffles Place, #50-01 Republic Plaza, Singapore 048619
Branch Hours
Monday to Friday, 1100 hrs-1500 hrs; closed on Saturday, Sunday and public holidays, according to the ICICI Singapore contact page.
SWIFT / BIC
ICICSGSG
Local Bank Code
9186 for HiSAVE transfer instructions shown in ICICI Singapore account terms; verify before use.
Branch Code
871 for HiSAVE transfer instructions shown in ICICI Singapore account terms; verify before use.
Official Website
ICICI Bank Singapore

About ICICI Bank Singapore

ICICI Bank Singapore operates as a branch of ICICI Bank Limited, one of India’s large private-sector banking groups. In Singapore, the bank’s public-facing services are centred on savings and current accounts, fixed deposits, remittances, NRI support, corporate banking, treasury and institutional banking.

The bank is part of Singapore’s foreign-bank landscape rather than a local banking group. For broader context on why international banks operate in the country, see banks in Singapore.

Where ICICI Fits in Singapore Banking

ICICI Bank Singapore is useful for customers who need India-linked banking support, Singapore dollar deposit access, remittance services, NRI account assistance or corporate banking between Singapore and India. It should not be treated as a replacement for checking live product terms, fees or eligibility directly with the bank.

Banking Services

Retail Banking

ICICI Bank Singapore lists savings account, current account and fixed deposit services for individual customers. Terms can vary by account type, currency, customer profile and documentation status.

Remittance Services

The Singapore site includes Money2India, branch-based remittance and wire transfer information. Customers should compare transfer fees, FX markups and intermediary bank charges before sending funds abroad.

Business Banking

Corporate services include trade, deposits, loans, treasury, capital market and institutional banking support. Pricing for corporate services may depend on arrangement, product type and customer profile.

NRI Banking Support

ICICI Bank Singapore can be relevant for Indian nationals, NRIs and customers with India-linked banking needs. NRI service requests and account-opening support should be checked against the bank’s latest forms and charges.

Fixed Deposits

Fixed deposit rates, tenors, early withdrawal terms and currency availability can change. Customers comparing deposit choices can also review fixed deposits in Singapore.

Digital Banking

ICICI Singapore provides online access for retail and corporate users. Digital access should be paired with careful verification of beneficiary names, account numbers, SWIFT/BIC and local transfer details.

Branches and ATM Access

ICICI Bank Singapore publicly lists a branch at Republic Plaza in Raffles Place. Branch access is mainly for service support, account-related assistance and branch-based remittance needs. For the dedicated branch directory page, use ICICI Singapore branches.

Branch Map and Directions

Use this map for route planning only. Confirm current branch status, service availability and opening hours through the official ICICI Bank Singapore contact page before visiting.

Branch NameGoogle MapsFull AddressPostal CodeOpening HoursSaturday / Sunday AvailabilityMain ServicesOfficial Verification
ICICI Bank Limited, Singapore BranchView On Google Maps9 Raffles Place, #50-01 Republic Plaza, Singapore 048619048619Monday to Friday, 1100 hrs-1500 hrsClosed on Saturday, Sunday and public holidaysAccount support, remittance, customer service and selected branch requestsICICI contact page

Branch addresses and opening hours may change during public holidays, service updates, renovation works or temporary closures. Use ICICI Bank Singapore for the latest branch status, then use Google Maps for route planning.

SWIFT Code and Transfer Details

ICICI Bank Singapore publishes ICICSGSG as the SWIFT/BIC for its Singapore branch. Some SWIFT directories may show the 11-character head-office format as ICICSGSGXXX. For international payments, the sender should use the code and correspondent bank details supplied by ICICI Bank for the specific currency and transfer route.

For a focused code lookup page, see ICICI Singapore SWIFT code. For local transfer structure across banks, see the Singapore bank code list.

Transfer DetailICICI Bank Singapore DataUsed ForVerification
SWIFT / BICICICSGSGInternational wires and foreign-currency transfer instructionsICICI SWIFT page
Bank Code9186Local account deposit instructions shown in ICICI HiSAVE termsHiSAVE terms
Branch Code871Local account deposit instructions shown in ICICI HiSAVE termsHiSAVE terms
Correspondent DetailsCurrency-specificForeign-currency wires where an intermediary bank is involvedICICI nostro details

Transfer details are not interchangeable across banks, currencies or account products. Check the beneficiary name, bank name, account number, SWIFT/BIC, bank code, branch code and correspondent bank details before sending funds. For cost context, review international transfer fees.

Financial Indicators

The numbers below are bank-wide ICICI Bank Limited figures, not Singapore-branch-only figures. They help readers understand the scale of the parent bank behind the Singapore branch.

MetricLatest FigurePeriodScopeVerification
Profit After Tax₹50,147 croreFY2026Standalone ICICI Bank LimitedFY2026 review
Consolidated Profit After Tax₹54,208 croreFY2026ICICI Bank GroupFY2026 review
Total Assets₹23,72,531 crore31 March 2026Standalone ICICI Bank LimitedFY2026 review
Consolidated Assets₹29,14,498 crore31 March 2026ICICI Bank GroupFY2026 review
Period-End Deposits₹17,94,625 crore31 March 2026Standalone ICICI Bank LimitedFY2026 review
Total Loan Portfolio₹15,53,893 crore31 March 2026Standalone ICICI Bank LimitedFY2026 review
Net Interest Margin4.32%FY2026Standalone ICICI Bank LimitedFY2026 review

Bank-Wide Balance Sheet Scale

Standalone ICICI Bank Limited figures at 31 March 2026; total assets are used as the 100% reference bar.

Account Opening and Customer Checks

ICICI Bank Singapore account opening can involve identity checks, residency or nationality information, source-of-funds review, FATCA declarations and product-specific terms. Requirements may differ for Singapore residents, NRIs, companies and other customer types.

Documents to Prepare

  • Valid identity document or passport.
  • Residential address evidence if requested.
  • Tax residency or FATCA declaration where relevant.
  • Employment, business or source-of-funds documents if the bank asks for them.

For wider Singapore banking context, compare the usual account opening documents.

Digital or Branch Application

Some requests may be handled online, while others may require branch support or courier documents. The practical route depends on the product, customer profile and bank review. See how online and branch opening differ in Singapore.

Approval is not automatic. ICICI Bank may review identity, sanctions screening, tax information, address, linked account details, source of funds and product suitability before accepting an application.

Deposit Insurance

ICICI Bank Singapore states that Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation for up to S$100,000 in aggregate per depositor per scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and investment products are not insured.

Covered Deposit Type

Singapore dollar deposits of non-bank depositors may be covered within the statutory limit, subject to SDIC scheme rules and the account’s eligibility.

Products Not Covered

Foreign currency deposits, dual currency investments, structured deposits and investment products are outside the deposit insurance coverage stated by ICICI Bank Singapore.

Check the Singapore Deposit Insurance Corporation and the ICICI insured deposit register before relying on protection status for a specific product.

Comparison With Other Singapore Banks

ICICI Bank Singapore is often more relevant for customers with India-linked needs than for users seeking the broadest local branch network. For a wider sector view, compare it with corporate banking companies operating in Singapore.

Comparison AreaICICI Bank SingaporeLarge Local BanksWhat to Check
Branch NetworkSingle public branch listed at Republic PlazaUsually broader islandwide branch and ATM coverageBranch access, service type and visit requirement
India-Linked BankingStrong relevance for India remittance, NRI and ICICI group-linked needsMay support India transfers, but with different routes and pricingTransfer route, FX markup, SWIFT charges and delivery timing
Local Daily BankingUseful for selected account and deposit needsMay offer wider ATM, card, PayNow and domestic payment integrationFAST, GIRO, card access, ATM access and mobile app needs
Corporate BankingTrade, treasury and institutional services listedBroader domestic SME and retail business ecosystemsTrade finance fees, relationship terms and documentation

Verification Notes

Use the MAS Financial Institutions Directory to confirm ICICI Bank Limited’s Singapore regulatory listing, address and licence category. Use the ICICI Singapore contact page for branch address, hours, phone and email. Use the official SWIFT page for wire transfer and nostro instructions.

For fees, account conditions and deposit terms, check the bank’s current schedules and product documents. Charges, cut-off times, branch availability, account rules, deposit insurance limits and remittance instructions may change.

FAQ

Is ICICI Bank Singapore regulated by MAS?

Yes. ICICI Bank Limited is listed in the MAS Financial Institutions Directory for Singapore. Check the MAS record for the latest licence category and contact details.

What is the ICICI Bank Singapore SWIFT code?

ICICI Bank Singapore publishes ICICSGSG as its SWIFT/BIC. Some payment systems may display the 11-character form ICICSGSGXXX. Confirm the correct instruction with the bank before sending a wire.

Where is the ICICI Bank Singapore branch?

The listed branch address is 9 Raffles Place, #50-01 Republic Plaza, Singapore 048619. Use the official contact page to confirm branch status and hours before visiting.

Is ICICI Bank Singapore open on Saturday?

The ICICI Singapore contact page lists branch timing as Monday to Friday, 1100 hrs-1500 hrs, and closed on Saturday, Sunday and public holidays. For wider weekend banking context, see Saturday bank opening hours.

Are ICICI Singapore deposits insured?

Singapore dollar deposits of non-bank depositors may be insured by SDIC up to the statutory limit per depositor per scheme member. Foreign currency deposits, dual currency investments, structured deposits and investment products are not insured.

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