XSIMSGSG — SINGAPORE EXCHANGE DERIVATIVES CLEARING LIMITED
XSIMSGSG is the SWIFT/BIC code for SINGAPORE EXCHANGE DERIVATIVES CLEARING LIMITED in SINGAPORE, Singapore — an 8-character head-office code under ISO 9362.
XSIMSGSG is the SWIFT/BIC code for SINGAPORE EXCHANGE DERIVATIVES CLEARING LIMITED in SINGAPORE, Singapore. It is an 8-character head-office identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
| Field | Value |
|---|---|
| Institution | SINGAPORE EXCHANGE DERIVATIVES CLEARING LIMITED |
| Country | Singapore (SG) |
| Location Code | SG |
| Branch | None |
| Type | 8-character head-office code (BIC8) |
⚠️ Critical Money Transfer Warning (YMYL)
Verify the BIC with your beneficiary bank: Database records are informational only. swiftbic.org is not affiliated with SWIFT. Always verify the SWIFT/BIC code and name of the beneficiary with the receiving bank or official registration records before initiating any international wire transfer.
Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.
Verify XSIMSGSG in the live lookup → · IBAN Validator & Checker → · SWIFT Guide →
Frequently asked questions
What bank does the SWIFT code XSIMSGSG belong to?
The SWIFT code XSIMSGSG identifies SINGAPORE EXCHANGE DERIVATIVES CLEARING LIMITED in SINGAPORE, Singapore. This head office code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code XSIMSGSG mean?
The 8 or 11 characters of XSIMSGSG are parsed as follows: characters 1-4 (XSIM) represent the bank code for SINGAPORE EXCHANGE DERIVATIVES CLEARING LIMITED; characters 5-6 (SG) indicate the country code for Singapore; characters 7-8 (SG) specify the location code; and the final characters (—) designate the specific branch.
Is the BIC code XSIMSGSG active on the SWIFT network?
Yes, the Business Identifier Code (BIC) XSIMSGSG is registered under ISO 9362 and is active for routing interbank messages. Location characters 'SG' designate it as a primary active participant.
Can I use the head office code XSIMSGSG instead of XSIMSGSG?
Yes. The 8-character code XSIMSGSG represents the primary headquarters of SINGAPORE EXCHANGE DERIVATIVES CLEARING LIMITED. The 11-character code XSIMSGSG targets the head office directly. If the branch code is unknown, sending payments to XSIMSGSG (or XSIMSGSGXXX) will route them to the main head office.
What is the physical address of the bank registered to XSIMSGSG?
The physical address registered for XSIMSGSG is: 2 SHENTON WAY, 19-00, SGX CENTRE 1, 068804, SINGAPORE, Singapore. Verify this address matches your recipient's branch details before initiating a transaction.
Sources & References
- 🌐 ISO 9362: The official standard defining the Business Identifier Code (BIC) format guidelines.
- 🏢 SWIFT Registration Authority: The organization designated by ISO to register and publish BICs (swift.com).