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OverviewHow Airwallex Payouts work
Payout network
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Use cases
Test and go live
Older API versions

Singapore

Overview

Payment methodLocalLocalLocalSWIFT
Local clearing systemFASTGIRORTGS
Supported currency(ies)SGDSGDSGDAUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR
Payment SchemeFASTGIROMEPS
Flight time (business days)0-11-20-10-3
Maximum transaction limit200,000 SGDNo limitNo limitNo limit
Ultimate payer displayedYesYes

Please refer to the sections below for the key required bank details and other considerations for each supported payment method.

Local FAST payout

Required fieldsPermitted DataNotes
account_currency3-letter ISO 4217 currency codeShould be SGD
account_name2-200 charactersAccount holder name of the recipient’s bank account
account_number7-17 alphanumeric characters
swift_code8-11 alphanumeric charactersShould be a valid and supported BIC-8 or BIC-11 code
bank_country_code2-letter ISO 3166-2 country codeShould be SG

Local GIRO payout

Required fieldsPermitted DataNotes
account_currency3-letter ISO 4217 currency codeShould be SGD
account_name2-200 charactersAccount holder name of the recipient’s bank account
account_number7-17 alphanumeric characters
swift_code8-11 alphanumeric charactersShould be a valid and supported BIC-8 or BIC-11 code
bank_country_code2-letter ISO 3166-2 country codeShould be SG

Local RTGS payout

Required fieldsPermitted DataNotes
account_currency3-letter ISO 4217 currency codeShould be SGD
account_name2-200 charactersAccount holder name of the recipient’s bank account
account_number6-23 alphanumeric characters
swift_code8-11 alphanumeric charactersShould be a valid and supported BIC-8 or BIC-11 code
bank_country_code2-letter ISO 3166-2 country codeShould be SG

SWIFT payout

Required fieldsPermitted DataNotes
account_currency3-letter ISO 4217 currency codeOne of AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR
account_name2-200 charactersAccount holder name of the recipient’s bank account
account_number6-23 alphanumeric characters
swift_code8-11 alphanumeric charactersShould be a valid and supported BIC-8 or BIC-11 code
bank_country_code2-letter ISO 3166-2 country codeShould be SG
On this page
  • Overview
  • Local FAST payout
  • Local GIRO payout
  • Local RTGS payout
  • SWIFT payout