Indian Overseas Bank Singapore uses IOBASGSG as its SWIFT/BIC code for international bank messages. Some payment forms ask for the 11-character version, which is commonly entered as IOBASGSGXXX when no specific branch extension is required. The Singapore branch is listed at 64 Cecil Street, IOB Building, Singapore 049711, and local bank-code references may also use bank code 7250 with branch code 001. Before sending money, confirm the beneficiary name, account number, currency, transfer purpose and current instructions with the bank or the sending institution.
11-Character Format: IOBASGSGXXX
Bank Code: 7250
Branch Code: 001
Indian Overseas Bank Singapore SWIFT Code
Indian Overseas Bank
IOBASGSG
IOBASGSGXXX
Singapore
64 Cecil Street, IOB Building, Singapore 049711
Full Bank
7250
001
The SWIFT code identifies Indian Overseas Bank in Singapore for cross-border payment routing. For a broader view of the bank’s local presence, see the Indian Overseas Bank Singapore profile. If you also need the physical service counter, the IOB Singapore branch details page can help you check address and visiting notes.
Practical entry note: If a payment screen accepts 8 characters, use IOBASGSG. If it requires 11 characters, use IOBASGSGXXX only after confirming that the sender does not need a different branch-specific value.
What IOBASGSG Means
| Code Part | Characters | Meaning | IOB Singapore Value |
|---|---|---|---|
| Bank code | IOBA | Identifies Indian Overseas Bank in the SWIFT/BIC structure. | Indian Overseas Bank |
| Country code | SG | Shows that the institution is in Singapore. | Singapore |
| Location code | SG | Identifies the Singapore location within the BIC. | Singapore branch location |
| Branch extension | XXX | Used when an 11-character format is required and no separate branch extension is provided. | IOBASGSGXXX |
SWIFT/BIC is not the same as a Singapore local bank code. SWIFT is mainly used for international routing, while local bank and branch codes can appear in domestic payment instructions, billing forms, GIRO records or local transfer references. For other institutions, compare this with the major Singapore bank SWIFT codes list.
Indian Overseas Bank Singapore Transfer Detail Table
| Transfer Field | Value To Check | Used For | Official Verification |
|---|---|---|---|
| Beneficiary bank name | Indian Overseas Bank | Bank name field in international transfer forms. | IOB Singapore page |
| SWIFT / BIC | IOBASGSG | Identifies the Singapore branch in SWIFT messages. | IOB official listing |
| 11-character BIC | IOBASGSGXXX | Payment forms that require 11 characters instead of 8. | Confirm with the sending bank before submission. |
| Bank address | 64 Cecil Street, IOB Building, Singapore 049711 | Beneficiary bank address field when requested. | MAS directory |
| Singapore bank code | 7250 | Local Singapore bank-code references, depending on the form. | Approved bank list |
| Main branch code | 001 | Local branch-code references for Main Branch. | Singapore bank codes |
| IOB Singapore code no. | 0503 | IOB’s own Singapore branch reference shown on its public branch page. | IOB branch record |
| Beneficiary information | Full account name, account number, currency and payment purpose | Recipient matching and bank compliance checks. | Confirm with the account holder and bank before transfer. |
No matching rows found.
Wrong SWIFT, account-name mismatch or outdated bank instructions can delay or reject a transfer. Fees, correspondent-bank deductions and FX markups may also vary by sending bank, currency and route. For cost checks, compare the general notes on international transfer fees.
SWIFT Code vs Bank Code vs Branch Code
SWIFT / BIC
Use IOBASGSG for cross-border bank messaging to Indian Overseas Bank in Singapore. Some remittance platforms ask for IOBASGSGXXX when an 11-character BIC is required.
Local Bank and Branch Codes
Singapore local bank-code references list Indian Overseas Bank as bank code 7250 and Main Branch as branch code 001. These are separate from the SWIFT/BIC value.
| Code Type | IOB Singapore Value | Typical Use |
|---|---|---|
| SWIFT / BIC | IOBASGSG | International wires and cross-border bank messages. |
| 11-character BIC | IOBASGSGXXX | Forms that require a full 11-character SWIFT/BIC format. |
| Bank code | 7250 | Local Singapore bank-code references and some domestic payment records. |
| Branch code | 001 | Main Branch reference in Singapore branch-code lists. |
For domestic code lookups across banks, use the Singapore bank code list rather than treating SWIFT/BIC as a replacement for local branch-code fields.
Local Transfers and International Transfers
International Incoming Transfer
Use the SWIFT/BIC value requested by the sender, the beneficiary’s exact account name, account number and the bank address when required.
Singapore Local Code Field
If a local form asks for bank code and branch code, do not enter the SWIFT code. Use the local bank-code information requested by that form.
Branch Visit
The branch address can be checked through the official bank page and regulator directory. For route planning only, use View On Google Maps.
For faster local payment context, compare the SWIFT process with FAST transfers in Singapore. FAST and SWIFT serve different transfer routes, so the correct details depend on the sending channel and payment currency.
What to Check Before Sending Money
- Check whether the sending form wants IOBASGSG or an 11-character BIC such as IOBASGSGXXX.
- Match the beneficiary name exactly with the name held by the receiving bank.
- Confirm the recipient account number, account type and currency before submitting the transfer.
- Use local bank code 7250 and branch code 001 only where a Singapore local code field asks for them.
- Check fees, FX rate, intermediary-bank charges and expected timing with the sending bank.
- Keep a transfer receipt and reference number until the recipient confirms credit.
The Monetary Authority of Singapore directory lists Indian Overseas Bank as a Full Bank at 64 Cecil Street, IOB Building, Singapore 049711. The official IOB Singapore page lists the SWIFT code as IOBASGSG and shows the Singapore branch address and banking hours. The Singapore Government approved bank list shows local bank code 7250 and branch code 001 for Indian Overseas Bank Main Branch.
FAQ
What is the Indian Overseas Bank Singapore SWIFT code?
The SWIFT/BIC code is IOBASGSG. If a form requires 11 characters, the commonly used full format is IOBASGSGXXX, subject to sender-bank confirmation.
Is IOBASGSG the same as the bank code 7250?
No. IOBASGSG is the SWIFT/BIC code for international bank messaging. Bank code 7250 is a local Singapore bank-code reference used in certain domestic payment records.
What branch code should I use for Indian Overseas Bank Singapore?
Singapore approved bank-code lists show 001 for Indian Overseas Bank Main Branch. IOB’s own public Singapore page also shows a separate branch code number 0503, so use the value requested by the specific form.
Can I use IOBASGSGXXX instead of IOBASGSG?
Many payment forms accept the 11-character format IOBASGSGXXX when the 8-character BIC is IOBASGSG. If the sender asks for a branch-specific SWIFT value, verify directly before sending.
Where is Indian Overseas Bank Singapore located?
The public branch address is 64 Cecil Street, IOB Building, Singapore 049711. Opening hours and service availability can change, so confirm through official bank channels before visiting.
Verification Notes
For official checks, use the Indian Overseas Bank Singapore page, the MAS Financial Institutions Directory and the Singapore approved bank list. Published transfer instructions, service hours, fees and branch details may change after a bank notice, system update, holiday period or operational change.
