There are two common methods for salary credit. One is by cheque payment. The other method, which is highly encouraged by the Singapore Government, is by bank transfer or GIRO.
The table below is a list of banks commonly used in Singapore and their bank details for transfer.
| Bank Name |
Bank Code |
Bank Code |
Account No. (E.g.) |
Remarks |
| UOB |
7375 |
030 |
9102031012 |
|
| FEB |
7199 |
004 |
504192013 |
|
| DBS |
7171 |
005 |
0052312891 |
- 10- digit Account No.
- Use first 3 digits of Account No. as the Branch Code
e.g. For account 0052312891, the Branch Code will be 005. (Account No. will remain as 0052312891) |
| POSBank |
7171 |
081 |
084102395 |
- 9-digit Account No.
- Use 081 as Branch Code for all POSBank Accounts
|
| OCBC |
7339 |
550 |
1089550 |
- Length of Account No. varies
- Use first 3 digits of Account No. as Branch Code
- Drop first 3 digits of Account No. for the Account No. field
e.g. for account 5501089550, the Branch Code will be 550 and the Account No. will be 1089550 |
| HSBC |
7232 |
146 |
172002492 |
- Length of Account No. varies
- Use first 3 digits of Account No. as Branch Code
- Drop first 3 digits of Account No. for the Account No. field
e.g. for account 146172002492, the Branch Code will be 146 and the Account No. will be 172002492 |
| Standard Chartered |
7144 |
018 |
1803645852 |
- 10- Digit Account No.
- Use ‘0’ + 1st two digits of Account No. as Branch Code
- Account No.: the full 10-digit Account No.
|
If you would like to learn more about how PayrollServe can help, please contact us.
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