Clearing Codes and Additional Payment Details required for Telegraphic Transfer (TT) Payments

Clearing Code and / or Payment Details to Beneficiary may be required for TT Payments to some countries or in certain TT currencies and the omission may result in delays or rejections of the transaction from the beneficiary bank.

Please refer to both country and currency type to ascertain the information to be provided. Additional information is not required by the Bank if the country or currency cannot be located in the below table.
Beneficiary Country:      TT Currency:
Examples of Detailed Reason for Payment to be provided:-
  • Payment for purchase of car/property
  • Investment Income
  • Payment for legal services
  • Housing loan repayment for ABC apartment
  • Donations for 123 Charity
  • Inter-company transfer to own current account in Malaysia

IMPORTANT NOTICE: With effect from 14 December 2018, updated customer identification requirements will apply for cross-border remittance transactions to or through Mainland China. For more information, please refer to the table below.
Beneficiary Bank Country
TT Currency
IBAN required?
Submission Cutoff Times
[SGT – UTC +8]
Additional Information to be provided
Electronic
Value
Manual
Value
Clearing Code (& Code Type)
Additional Payment Details
Angola
AOA
Y
1600hrs on T date
T+2
1500hrs on T date
T+2
25 Characters (AOXX + 21 Digits)
Australia
AUD
1600hrs on T date
T+1
1500hrs on T date
T+1
6-digit BSB (AU) - Mandatory
Bangladesh
BDT
1600hrs on T date
T+2
1500hrs on T date
T+2
Beneficiary bank's name and branch address
Brunei
BND
1600hrs on T date
T+1
1500hrs on T date
T+1
Detailed Reason for Payment
Canada
CAD
1600hrs on T date
T date
1500hrs on T date
T date
9-digit DPRN (CC) – Optional
  1. Payer
    • Full name
    • Address
    • Account number
  2. Beneficiary
    • Full name or BIC
    • Address
    • Account number or equivalent reference number
  3. Full address includes
    • Building / Street number
    • City / Town
    • Postal / Zip code
    • Province
    • Country code
China
CNY or CNH
1600hrs on T date
T+1
1500hrs on T date
T+1
12-digit CNAPS - Optional
  • Detailed Reason for Payment
  • Detailed addresses of both ordering and beneficiary customers -
    • The address should contain the following information in the order of: unit number, street, city, country and zip code.
    • The address cannot be a postal box number.
    • Corporate customers should provide their registered or business address and/or principal place of business.
    • Individual customers who have no residential address can provide the address as per the identity documents.
  • The Beneficiary date of birth is recommended when making payments to individuals in the remittance information field (field 70).
For more information, click here.
All currencies
Refer to respective currencies
Detailed addresses of both ordering and beneficiary customers -
  • The address should contain the following information in the order of: unit number, street, city, country and zip code.
  • The address cannot be a postal box number.
  • Corporate customers should provide their registered or business address and/or principal place of business.
  • Individual customers who have no residential address can provide the address as per the identity documents.
For more information, click here.
Any Countries
CNY or CNH
1600hrs on T date
T+1
1500hrs on T date
T+1
Detailed Reason for Payment
  • The Beneficiary date of birth is recommended when making payments to individuals in the remittance information field (field 70).
Action required: Please ensure you obtain this additional information from your beneficiaries and begin including the beneficiary date of birth as part of your payment instructions as soon as possible. Payments issued without the beneficiary date of birth may be delayed.
Denmark
DKK
Y
1600hrs on T date
T+1
1500hrs on T date
T+1
18 Characters (DKXX + 14 digits)
Egypt
EGP
1600hrs on T date
T+1
1500hrs on T date
T+1
  1. Full Beneficiary Account Number, Name and Address
  2. Beneficiary contact number in the payment details
  3. Detailed Reason for Payment
Europe
EUR
Y
1600hrs on T date
T date
1500hrs on T date
T date
Hong Kong
Any Currency, except HKD
Refer to respective currencies
Refer to respective currencies
Detailed Reason For Payment
HKD
1600hrs on T date
T+1
1500hrs on T date
T+1
Detailed Reason For Payment
India
Any Currency, except INR
Refer to respective currencies
Refer to respective currencies
Detailed Reason for Payment
INR
1600hrs on T date
T+2
1500hrs on T date
T+2
11-digit IFSC (IN) - Mandatory
  • Payment amount must be at least SGD200 (wef 1Nov17).
  • Detailed Reason for Payment
Indonesia
Any Currency, except IDR
Refer to respective currencies
Refer to respective currencies
Detailed Reason For Payment
IDR
1600hrs on T date
T+2
1500hrs on T date
T+2
To indicate FX Contract ID in “Instruction to the bank” field in the XML file when payment involves FX conversion
Japan
Any Currency, except JPY
Refer to respective currencies
Refer to respective currencies
Detailed Reason For Payment
JPY
1600hrs on T date
T+1
1500hrs on T date
T+1
Detailed Reason For Payment
Korea
Any Currency, except KRW
Refer to respective currencies
Refer to respective currencies
  1. Beneficiary’s contact number in payment details
  2. Detailed Reason for Payment
KRW
1600hrs on T date
T date
1500hrs on T date
T date
  1. Beneficiary’s contact number in payment details
  2. Detailed Reason for Payment
Kuwaiti
KWD
Y
1600hrs on T date
T+2
1500hrs on T date
T+2
30 Characters (KWXX + 26 digits)
  1. Full Beneficiary Account Number, Name and Address
  2. Detailed Reason for Payment
Malaysia
Any Currency, except MYR
Refer to respective currencies
Refer to respective currencies
  1. Detailed Reason For payment
  2. Additional supporting documents may be requested to support the payment reason.
MYR
1600hrs on T date
T date
1500hrs on T date
T date
  1. Detailed Reason For payment
  2. Additional supporting documents may be requested to support the payment reason.
  3. Beneficiary / receiving account currency must be MYR.
Myanmar
USD
1600hrs on T date
T date
1500hrs on T date
T date
  1. Beneficiary's identification or passport number and Date of Birth
  2. Detailed Reason for Payment
Any Countries
MXN
1600hrs on T date
T+2
1500hrs on T date
T+2
  1. Detailed Reason for Payment
  2. The 18-digit CLABE account number for credit to all depository accounts in Mexico
  3. If the Beneficiary Bank is located outside of Mexico, to provide their MXN account number (with their appointed Mexican Correspondent Bank) along with their 11 character SWIFT BIC.
New Zealand
NZD
1600hrs on T date
T+1
1500hrs on T date
T+1
6-digit NZNCC (NZ) - Optional
Norway
NOK
Y
1600hrs on T date
T+1
1500hrs on T date
T+1
15 Digit (NOXX + 11 Digits)
Pakistan
PKR
Y
1600hrs on T date
T+2
1500hrs on T date
T+2
  1. Beneficiary's telephone number in the payment details
  2. Beneficiary's NTN in the payment details field, if the beneficiary is a Pakistani tax payer. (Payments to individuals or non-Pakistani tax payers will not require an NTN.)
  3. A written purpose of payment and related Purpose Code (to be issued by the beneficiary) in the payment details field. If you do not have a code, please obtain one from your beneficiary prior to making payment.
Philippines
Any Currency, except PHP
Refer to respective currencies
Refer to respective currencies
Detailed Reason For Payment
PHP
1600hrs on T date
T+2
1500hrs on T date
T+2
Detailed Reason For Payment
Singapore
Any Currency, except SGD
Refer to respective currencies
Refer to respective currencies
Detailed Reason For Payment
SGD
1600hrs on T date
T date
1500hrs on T date
T date
Detailed Reason For Payment
Sri Lanka
LKR
1600hrs on T date
T+2
1500hrs on T date
T+2
  1. Detailed Reason for Payment
  2. Beneficiary Full Account Number, Name and Address
Sweden
SEK
Y
1600hrs on T date
T+1
1500hrs on T date
T+1
24 Characters (SEXX + 20 digits)
Switzerland
CHF
Y
1600hrs on T date
T+1
1500hrs on T date
T+1
21 Characters (CHXX + 17 Characters)
Taiwan
Any Currency, except TWD
Refer to respective currencies
Refer to respective currencies
  1. Beneficiary Full Account Number, Name and Address
  2. Beneficiary’s contact number in the payment details
  3. Detailed Reason for Payment
TWD
1600hrs on T date
T date
1500hrs on T date
T date
  1. Beneficiary Full Account Number, Name and Address
  2. Beneficiary’s contact number in the payment details
  3. Detailed Reason for Payment
Thailand
THB
1600hrs on T date
T+2
1500hrs on T date
T+2
  1. Beneficiary Full Account Number, Name and Address
  2. Detailed Reason for Payment
  3. For transactions value greater than THB 5 Million:
    1. Supporting documents for payment [Invoices / Loan Agreements / Investments Docs / Or any documents proving the detailed reason for payment]
    2. Full Contact Details of Beneficiary [Phone / Mobile]
United Arab Emirates (UAE)
AED
Y
1600hrs on T date
T+2
1500hrs on T date
T+2
23 Characters (AEXX + 19 digits)
Detailed Reason for Payment
United Kingdom (UK)
GBP
Y
1600hrs on T date
T date
1500hrs on T date
T date
6-digit SC (SC), mandatory if account number is not IBAN
Any Currency, except GBP
Y
Refer to respective currencies
Refer to respective currencies
6-digit SC (SC), mandatory if account number is not IBAN
United States of America (USA)
USD
1600hrs on T date
T date
1500hrs on T date
T date
9-digit FW (FW) or 4-digit CHIPS Participant code (CP) - Optional
Vietnam
Any Currency, except VND
Refer to respective currencies
Refer to respective currencies
Detailed Reason For Payment
VND
1600hrs on T date
T date
1500hrs on T date
T date
Detailed Reason For Payment
South Africa
ZAR
1600hrs on T date
T+2
1500hrs on T date
T+2
Detailed Reason For Payment
Central African States
XAF
Y
1600hrs on T date
T+2
1500hrs on T date
T+2
West African States
XOF
Y
1600hrs on T date
T+2
1500hrs on T date
T+2
IBAN: (Country Code XX + 22 Digits)
 
Last Updated: March 2022

Notes:
  1. All payment instructions received outside the stipulated processing hours will only be processed the following processing day.
  2. Submission Cut-Off times are valid for Mondays – to Fridays [Excluding Public Holidays].
  3. If you are unable to locate the combination of country and currency in above table, please make reference to the currency only.

UOB reserves the right to update or amend the Terms and Conditions at any time without prior notice.
 
Copyright © 2022 United Overseas Bank Limited Co. Reg. No. 193500026Z. All Rights Reserved.