How do I receive money with my SGD account details?

Account details are a set of details for a currency to receive money.

Once you have your SGD account details, you’ll have your own account number where you can receive Singaporean dollars. 

This isn’t a traditional bank account, but you can receive money in the same way by sharing the account name and number with friends, family, clients, or companies, so that they can send you money. 

They can pay you locally from their Singaporean bank, or internationally by Swift. Once you receive the money, it’ll be credited to your SGD balance.

Opening new account details

You’ll first need to open a SGD balance. Then you select Get your account details and follow the steps. We’ll need to verify you before we can provide details to you.

Checking your account details

To see your details once you’ve got them, on the app or web:

1. Go on your SGD balance

2. Select the account details button just under the currency

3. You can view and copy your local account details to share with others

   • If you want to get paid internationally by Swift — toggle Global ・ Swift at the top

You can also request payments from your sender.

How your SGD account details work

Here is some general information about your account details.

*Payments over this amount will be refunded to the sender

Payments from inside Singapore

Share your local SGD details.

The sender’s bank will give them an estimate when they set up the payment — for any details about how long it takes, reach out to your sender so they can ask their bank.

Payments to your personal account details

You can receive money through the Fast and Secure Transfers (FAST) network, and PayNow.

If your Wise account address is in Singapore, you can't hold more than the equivalent of 5,000 SGD in your personal Wise account. This is because we’re regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act.

Payments to your business account details

You have 2 sets of account details for different purposes, along with a PayNow QR code.

1. Receiving through FAST

You can get instant payments 24/7 with FAST.

When your sender enters your account details in their banks’ system, they may see “Wise Asia-Pacific Pte. Ltd. (Formerly TransferWise)” as the bank. This is because Wise is a Non-Bank Financial Institution directly connected to the FAST network.

2. Receiving from platforms

You can get money from platforms like Google or Stripe through GIRO and MEPS, which is common for receiving salaries. 

Payments from outside Singapore

There are two ways you can receive SGD payments from outside Singapore.

Payments by Swift to SGD details

Share your global Swift account details with the person who wants to pay you. They can send Swift payments to your account from anywhere in the world.

They should only send you SGD to these account details, because we can't process international payments in any other currency.

We don’t charge any additional fees to receive international payments in SGD, but correspondent banks might apply their own fees.

When your sender enters your account details in their banks’ system, they may see “DBS” as the bank. This is our partner bank and we hold accounts with them. Although we're partnered with them, make sure to reach out to us if you have any questions about incoming payments. If they need a branch code ─ use 003.

You won’t be able to receive using other payment methods, international wire, or cash deposits.

Payments by Swift to GBP details

You can also receive SGD from outside Singapore by Swift into your GBP global account details. 

Let the sender know that you want to receive SGD into your GBP details so you can avoid conversion fees. Some banks might recognise the GBP IBAN and want to convert SGD to GBP, but this isn't necessary.

If their bank asks them the country of the recipient’s (your) bank, tell them to select the United Kingdom.

Learn more about using your GBP account details to receive Swift payments