SGD account details are your very own account details to receive Singapore dollars (SGD) with zero fees.
This isn’t a bank account, but the account number we give you works in the same way when receiving money. Share your account name and account number with your friends, company or customers, and they can send you SGD from any Singapore bank account. And no one pays fees.
How to receive SGD
First, you need to get your SGD account details. This will get you a set of local account details for receiving payments from inside Singapore, as well as global (Swift) account details to receive international payments.
Keep in mind: Your account details are unique to you, so please make sure you share them to your senders without mistakes.
Learn more about using your GBP account details to receive Swift payments
Payments from inside Singapore
Share your local account details with the person who wants to pay you.
They can pay you by local bank transfer. They won’t be able to pay you using international wire or Swift inside Singapore.
It usually takes 1–2 working days to receive SGD into your account.
Receiving SGD for my personal Wise account
Receive money through FAST (Fast And Secure Transfers) as well as PayNow.
Learn more about receiving money using PayNow
You won’t be able to receive using GIRO, MEPS, international wire, Swift, or by cash deposits.
Your SGD account details can only receive up to 200,000 SGD per transfer, but there’s no limit on how many transfers you can receive per day.
If your Wise account address is in Singapore, you can't hold more than the equivalent of 20,000 SGD in your personal Wise account. This is because we are regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act.
Receiving SGD for my Wise Business account
You have 2 sets of account details for different purposes along with a PayNow QR code.
Receive money instantly through FAST
That’s the most popular payment network in Singapore ─ instant payments 24/7.
There’s a transfer limit of 200,000 SGD per transfer. Payments over this amount will be refunded to the sender. But there’s no limit on how many transfers you can receive per day.
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 and Secure Transfers (FAST) network.
2. Receive money from platforms like Google or Stripe through GIRO and MEPS
To receive salary payments
There’s no limit on how much money you can receive per transfer
Payments can take 1-3 working days to arrive to your account
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 from outside Singapore
Share your global 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.
It usually takes 4–5 days to receive SGD into your account via Swift.
Note: If you have account details for your GBP balance, you can also receive SGD to your GB IBAN with no additional fees.
Learn more about using your GBP account details to receive Swift payments