CIMB Bank Singapore Swift Code

As of my last update in September 2021, the SWIFT code for CIMB Bank Singapore is “CIBBSGSG”. SWIFT codes are used for international wire transfers to identify specific banks and their branches.

CIMB Bank Singapore Swift Code

CIMB Bank Singapore Swift CodeHowever, it’s crucial to verify this information with the bank directly or by visiting their official website, as SWIFT codes can change over time, and I cannot guarantee that it remains the same.

If you plan to conduct an international transaction with CIMB Bank Singapore, always double-check the SWIFT code with the bank or use an online SWIFT code checker to ensure accuracy and avoid any potential issues with the transfer.

What is Swift Code

A SWIFT code (also known as a Bank Identifier Code or BIC – Business Identifier Code) is a unique code used to identify a specific financial institution worldwide. It is a standard format of Bank Identifier Codes approved by the International Organization for Standardization (ISO).

The SWIFT code consists of either 8 or 11 characters and is used primarily for international wire transfers between banks. Each SWIFT code is unique to a particular bank or financial institution and includes information about the bank’s name, country, city, and sometimes even the branch location.

Here’s how a typical SWIFT code is structured:

– The first four characters represent the bank’s code (only letters).
– The next two characters represent the country code (only letters).
– The following two characters indicate the location code (letters and digits) of the bank’s head office.
– The last three characters (optional) represent the branch code (letters and digits) of a specific branch within the bank.

For example, let’s take the SWIFT code “CIBBSGSG” that we mentioned earlier:
– “CIBB” is the bank code for CIMB Bank.
– “SG” is the country code for Singapore.
– “SG” represents the location code for the bank’s head office in Singapore.

Again, it’s important to note that SWIFT codes may change over time, so if you need to conduct an international transaction, it’s best to verify the SWIFT code with the respective bank or use an online SWIFT code checker to ensure accuracy.

 

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