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Supported payout methods

Payout methodCurrenciesTypical timing
FASTSGD0-1 business days
GIROSGD1-2 business days
MEPS (RTGS)SGD0-1 business days
International Wire TransferSee below0-3 business days
Please refer to the sections below for the key required fields and other considerations for each supported method.

FAST

Singapore FAST payment system

Supported currencies

SGD

Timing

AttributeValue
Processing windowSame day
Typical delivery0-1 business days
Business day dependencyYes
Supports instantYes

Transaction limits

Limit typeValue
MinimumNone
Maximum200,000 SGD

Fields

Payout Method Type

payout_method_type
string
required
Value: SingaporeFast

SWIFT/BIC Code

swift_code
string
required
8 or 11 character SWIFT/BIC code of recipient bankValidation:
  • Between 8 and 11 characters (inclusive).
  • Must match this regular expression: ^[A-Z]{6}[A-Z0-9]{2}([A-Z0-9]{3})?$
  • bic
Example: DBSASGGS

Account Number

account_number
string
required
Account number (7-17 alphanumeric characters)Validation:
  • Between 7 and 17 characters (inclusive).
  • Must match this regular expression: ^[A-Z0-9]{7,17}$
Example: 12345678901234567

GIRO

Singapore GIRO payment system

Supported currencies

SGD

Timing

AttributeValue
Processing windowBusiness days
Typical delivery1-2 business days
Business day dependencyYes
Supports instantNo

Transaction limits

Limit typeValue
MinimumNone
MaximumNone

Fields

Payout Method Type

payout_method_type
string
required
Value: SingaporeGiro

SWIFT/BIC Code

swift_code
string
required
8 or 11 character SWIFT/BIC code of recipient bankValidation:
  • Between 8 and 11 characters (inclusive).
  • Must match this regular expression: ^[A-Z]{6}[A-Z0-9]{2}([A-Z0-9]{3})?$
  • bic
Example: DBSASGGS

Account Number

account_number
string
required
Account number (7-17 alphanumeric characters)Validation:
  • Between 7 and 17 characters (inclusive).
  • Must match this regular expression: ^[A-Z0-9]{7,17}$
Example: 12345678901234567

MEPS (RTGS)

Singapore MEPS (RTGS) payment system

Supported currencies

SGD

Timing

AttributeValue
Processing windowSame day
Typical delivery0-1 business days
Business day dependencyYes
Supports instantNo

Transaction limits

Limit typeValue
MinimumNone
MaximumNone

Fields

Payout Method Type

payout_method_type
string
required
Value: SingaporeMeps

SWIFT/BIC Code

swift_code
string
required
8 or 11 character SWIFT/BIC code of recipient bankValidation:
  • Between 8 and 11 characters (inclusive).
  • Must match this regular expression: ^[A-Z]{6}[A-Z0-9]{2}([A-Z0-9]{3})?$
  • bic
Example: DBSASGGS

Account Number

account_number
string
required
Account number (6-23 alphanumeric characters)Validation:
  • Between 6 and 23 characters (inclusive).
  • Must match this regular expression: ^[A-Z0-9]{6,23}$
Example: 12345678901234567890123

International Wire Transfer

International wire transfer via SWIFT network

Supported currencies

AOA, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, COP, CZK, DKK, EGP, EUR, GBP, GMD, HKD, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, LSL, MAD, MGA, MWK, MYR, NAD, NGN, NOK, NZD, PEN, PHP, PLN, PYG, RON, RWF, SEK, SGD, THB, TRY, USD, UYU, VND, XAF, XOF, ZAR, ZMW

Timing

AttributeValue
Processing windowBusiness days
Typical delivery0-3 business days
Business day dependencyYes
Supports instantNo

Transaction limits

Limit typeValue
MinimumNone
MaximumNone

Fields

Payout Method Type

payout_method_type
string
required
Value: SwiftInternational

Currency

currency
string
required
Value: One of AOA, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, COP, CZK, DKK, EGP, EUR, GBP, GMD, HKD, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, LSL, MAD, MGA, MWK, MYR, NAD, NGN, NOK, NZD, PEN, PHP, PLN, PYG, RON, RWF, SEK, SGD, THB, TRY, USD, UYU, VND, XAF, XOF, ZAR, ZMW

Recipient Bank SWIFT/BIC Code

swift_code
string
required
8 or 11 character SWIFT code of recipient bankValidation:
  • Between 8 and 11 characters (inclusive).
  • Must match this regular expression: ^[A-Z]{6}[A-Z0-9]{2}([A-Z0-9]{3})?$
  • bic
Example: DBSSSGSG

Routing Type

routing_type1
string
required
Value: bic

Intermediary Bank SWIFT/BIC (Optional)

routing_value1
string
Required if routing through correspondent bankValidation:
  • Between 8 and 11 characters (inclusive).
  • Must match this regular expression: ^[A-Z]{6}[A-Z0-9]{2}([A-Z0-9]{3})?$
  • bic
Example: CHASUS33

Account Number

account_number
string
required
Validation:
  • Between 6 and 26 characters (inclusive).
  • Must match this regular expression: ^[0-9A-Za-z]{6,26}$
Example: 1707625311

Notes

  • All payments sent via SWIFT will be instructed such that the full value of the payment should credit the beneficiary. However, Acclaim is not in control of intermediary bank adherence to SWIFT messages and cannot guarantee that the beneficiary bank will not charge their account holder for receipt of payment.
Last modified on March 29, 2026