Standard Chartered Bank (Singapore) Limited is a locally incorporated Standard Chartered subsidiary regulated in Singapore. The bank serves retail, affluent, SME, corporate, institutional and private banking customers, with Singapore also used by the wider group for leadership, technology operations and innovation activity. For day-to-day users, the most practical checks are the bank’s official website, MAS registration, SWIFT/BIC notice, branch locator, fee schedules and deposit insurance register.
MAS Regulated
QFB Status
SWIFT/BIC: SCBLSG22
Data Checked: 2026
Main Details
Standard Chartered Bank (Singapore) Limited
First Singapore branch opened in 1859
8 Marina Boulevard, #27-01 Marina Bay Financial Centre, Singapore 018981
Standard Chartered Group
Monetary Authority of Singapore
Qualifying Full Bank, SGS Primary Dealer, Exempt CMS Entity, Exempt Financial Adviser
SCBLSG22
9496
S$199.6b
S$1.595b
Not stated in the local one-page 2025 financial results
11 branches and over 30 Standard Chartered ATMs listed by the bank
Standard Chartered Mobile, online banking, PayNow, FAST, GIRO, MEPS and Trust Bank venture
Eligible SGD deposits may be covered up to S$100,000 per depositor per Scheme member
About Standard Chartered Singapore
Standard Chartered has operated in Singapore for more than 165 years and now runs its Singapore business through Standard Chartered Bank (Singapore) Limited. The bank’s local subsidiary structure became more central after the transfer of retail and SME banking activity in 2013 and the later transfer of commercial, corporate, institutional and private banking businesses in 2019.
The bank is not one of Singapore’s three local banking groups, but it holds Qualifying Full Bank status and is listed by MAS as a regulated financial institution. That matters for users who want a bank with international coverage, Singapore-regulated operations, local payment rails and access to physical service points. For location planning, use the separate page for Standard Chartered branch access together with the official locator.
Standard Chartered’s own Singapore profile states that the bank has 11 branches, including 5 Priority Banking Centres, 1 International Banking and Priority Private Centre, and over 30 Standard Chartered ATMs. Branch status, renovations, service counters and holiday hours can change, so the official branch locator should be checked before visiting.
Banking Services in Singapore
Accounts and Deposits
Standard Chartered Singapore offers savings accounts, current accounts, fixed deposits and remittance-related account services. Minimum balances, fall-below fees, deposit rates and eligibility rules can change by product.
Credit Cards and Personal Credit
The bank lists credit cards, personal loan products, instalment options and credit card payment features. Card rewards, annual fee waivers and finance charges should be checked from the latest pricing guide before applying.
Wealth and Priority Banking
Affluent, priority and private banking customers may access investment, insurance, advisory and international banking services. Product suitability depends on risk profile, documentation and bank assessment.
Business and Corporate Banking
Standard Chartered serves business banking, commercial banking, corporate and institutional banking customers in Singapore. Companies should verify account rules, documentation, onboarding time and payment limits directly with the bank.
Local Payments
Standard Chartered Bank (Singapore) Limited uses BIC SCBLSG22 and bank code 9496 for FAST, GIRO, PayNow, MEPS and telegraphic transfer instructions intended for SCBSL accounts.
Digital Banking
Customers can use Standard Chartered Mobile, online banking, eStatements, digital payment tools and selected self-service features. Trust Bank is also listed by Standard Chartered as a Singapore digital bank venture with FairPrice Group.
SWIFT, Bank Code and Transfer Details
For inward transfers to Standard Chartered Bank (Singapore) Limited accounts, the bank’s official BIC notice states that SCBLSG22 and bank code 9496 are used for local clearing and telegraphic transfer transactions intended for SCBSL. For a transfer-focused page, use the Standard Chartered SWIFT code reference before sending payment details to a remitter.
| Item | Standard Chartered Singapore Detail | Used For | Official Verification |
|---|---|---|---|
| Bank full name | Standard Chartered Bank (Singapore) Limited | Bank name selection in payment channels | Official BIC notice |
| SWIFT / BIC | SCBLSG22 | Telegraphic transfers, MEPS, local clearing context | Official BIC notice |
| Bank code | 9496 | FAST, GIRO, PayNow and other local payment references | Official BIC notice |
| Older branch BIC note | SCBLSGSG is not the BIC to use for SCBSL MEPS+ payments after the stated cut-off | Avoiding rejected SGD MEPS+ payment instructions | Official BIC notice |
For local payment setup, users may also need the receiving bank name, bank code, account number format and payment method. The Singapore bank code list is useful when comparing Standard Chartered with other banks, but final payment details should still be verified through the receiving bank.
Branches and ATM Access
Standard Chartered Singapore lists a branch and ATM locator for checking current public branch access, self-service availability and route planning. The bank profile states 11 branches and over 30 Standard Chartered ATMs, but operating hours may change during public holidays, branch works, service updates or temporary closures.
Use for account service, selected document checks, card matters, cashier services where available and customer support that cannot be completed digitally.
Use the official locator to check nearby Standard Chartered ATMs and available self-service points. Do not assume that every ATM supports every service.
Priority and affluent banking services may be handled at selected centres. Eligibility, appointment rules and service scope should be verified with the bank.
Many everyday tasks can be handled through online banking or the mobile app. For transfers, review FAST transfers in Singapore if the payment is local and time-sensitive.
Branch addresses and opening hours may change. Use the official Standard Chartered locator for the latest branch status, then use Google Maps or another map app for route planning.
Financial Indicators
The latest local audited one-page financial results show Standard Chartered Bank (Singapore) Limited and its subsidiaries with S$199.6b in group assets and S$1.595b profit for the year ended 31 December 2025. The figures below are rounded for readability and should be checked against the official PDF for formal use.
Selected 2025 and 2024 Results
| Metric | Type | 2025 Value | 2024 Value | Movement | Notes |
|---|---|---|---|---|---|
| Total assets | Balance sheet | S$199.6b | S$182.2b | +9.5% | Group basis, rounded from audited financial results |
| Loans and advances to customers | Balance sheet | S$83.8b | S$74.4b | +12.7% | Customer loan book on group basis |
| Deposits of non-bank customers | Balance sheet | S$148.8b | S$135.1b | +10.1% | Customer deposit base on group basis |
| Profit for the year | Income statement | S$1.595b | S$1.418b | +12.5% | Group profit for the year |
| Net interest income | Income statement | S$1.276b | S$1.720b | -25.8% | Interest income less interest expense |
| Total non-interest income | Income statement | S$3.955b | S$3.235b | +22.3% | Includes fee, commission, dealing and foreign exchange income |
| Common Equity Tier 1 ratio | Capital ratio | 14.28% | 14.81% | -0.53 pp | Capital adequacy ratio under MAS Notice 637 basis stated in the results |
| Total capital adequacy ratio | Capital ratio | 22.84% | 24.34% | -1.50 pp | Group capital adequacy ratio as reported |
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Account Opening and Customer Checks
Standard Chartered Singapore account opening can depend on customer type, pass status, address evidence, tax information, product choice and bank review. A Singapore citizen, PR, EP holder, S Pass holder, student, company director or non-resident applicant may face different document checks.
Compare savings, current, multi-currency, fixed deposit, priority and business account needs before submitting details.
Identity, pass, address and tax information may be requested. Use the account opening documents checklist as a general preparation aid.
Some products may support online submission, while others may require branch or relationship manager contact. Product eligibility is not automatic.
Check fall-below fees, minimum balances, transfer limits, foreign exchange charges, card fees and early fixed deposit withdrawal rules before funding the account.
Account approval, credit approval, investment suitability and product access are not guaranteed. Standard Chartered may request extra documents or decline an application based on its own review and regulatory requirements.
How Standard Chartered Fits in Singapore Banking
- Customers who want an international banking brand with Singapore-regulated local operations.
- Affluent, corporate and cross-border users who value overseas network access.
- Users who need PayNow, FAST, GIRO, MEPS and telegraphic transfer compatibility under SCBSL codes.
- Customers who prefer a mix of mobile banking, branch access and priority banking options.
- Branch convenience compared with local banks and other foreign QFB banks.
- Fall-below fees, transfer fees, FX margins and card annual fees.
- Eligibility for priority banking, promotions, salary credit rates and bundled products.
- Digital onboarding rules compared with online account opening options at other banks.
Deposit Insurance and Product Risk Notes
Standard Chartered’s deposit insurance register states that the insured deposit coverage limit was increased to S$100,000 per depositor per Scheme member from 1 April 2024. The bank also explains that only eligible Singapore dollar deposits are covered under the scheme. Foreign currency deposits, structured deposits and investment products are not treated the same way.
For product safety checks, separate three ideas: bank regulation, deposit insurance and investment risk. MAS regulation does not make every product risk-free, and SDIC coverage applies only to eligible deposits within scheme rules.
Verification Notes
Bank identity, licensing and regulatory status should be checked through the MAS Financial Institutions Directory. Product, branch, fee and payment details should be checked through Standard Chartered Singapore, the official branch locator, the official BIC notice and the local financial results page.
Figures on this page are rounded from Standard Chartered Bank (Singapore) Limited audited accounts for the year ended 31 December 2025. Product rates, fees, rewards, account rules, opening hours and branch services can change after publication.
FAQ
Is Standard Chartered a local bank in Singapore?
Standard Chartered Bank (Singapore) Limited is locally incorporated in Singapore, but it is part of the Standard Chartered international banking group. MAS lists it as a regulated financial institution with Qualifying Full Bank status.
What is the Standard Chartered Singapore SWIFT code?
The official BIC for Standard Chartered Bank (Singapore) Limited is SCBLSG22. The bank also lists bank code 9496 for SCBSL payment instructions. Verify the code with the receiving bank before sending funds.
How many Standard Chartered branches are in Singapore?
Standard Chartered’s Singapore profile states 11 branches, including selected Priority Banking and International Banking centres, plus over 30 Standard Chartered ATMs. Use the official branch locator before visiting because branch status and opening hours can change.
Are Standard Chartered deposits insured in Singapore?
Eligible Singapore dollar deposits may be insured up to S$100,000 per depositor per Scheme member under SDIC rules. Not every product is covered, so check the bank’s deposit insurance register before relying on coverage.
Can foreigners open a Standard Chartered account in Singapore?
Foreigners may be able to apply depending on pass status, residency, documentation, account type and bank review. Approval is not automatic, and extra documents may be requested for identity, address, tax and source-of-funds checks.
