Documentation
Beneficiaries
Singapore Beneficiary

Singapore Beneficiary

Before making a payment to a Singapore bank account, you must add the account as a beneficiary. Singapore supports two transfer types: BANK (SGD domestic) and SWIFT (USD).

Below is a sample request for creating a Singapore BANK beneficiary:

cURL
curl --location '{{baseURL}}/beneficiaries' \
--header 'Content-Type: application/json' \
--header 'Authorization: Bearer {{APIKEY}}' \
--data '{
  "reference": "<sample-reference>",
  "country": "SG",
  "currency": "SGD",
  "destination": {
    "type": "BANK",
    "accountName": "Wei Ling Tan",
    "accountNumber": "1234567890",
    "bankCode": 7171,
    "remittancePurpose": "FAMILY_SUPPORT",
    "beneficiary": {
      "type": "INDIVIDUAL"
    },
    "sender": {
      "type": "INDIVIDUAL",
      "accountName": "John Smith",
      "postCode": "10001",
      "dateOfBirth": "1985-03-15",
      "countryOfBirth": "US"
    }
  }
}'

The parameters for adding Singapore BANK beneficiaries are:

ParameterDescriptionRequired
countryCountry of beneficiary payload. Must be SG.✅
currencyCurrency of transfer. Must be SGD.✅
destination.typeDestination type. Must be BANK.✅
accountNameBeneficiary account name.✅
accountNumberBeneficiary account number (7–16 digits).✅
bankCodeNumeric bank code for the receiving bank.✅
remittancePurposeRemittance purpose. Must be one of the supported enumerations below.✅
💡

The remittance purpose can be any one of the following values: FAMILY_SUPPORT, EDUCATION, GIFT_AND_DONATION, MEDICAL_TREATMENT, MAINTENANCE_EXPENSES, TRAVEL, SMALL_VALUE_REMITTANCE, LIBERALIZED_REMITTANCE, OTHER, CONSTRUCTION_EXPENSES, HOTEL_ACCOMMODATION, ADVERTISING_EXPENSES, ADVISORY_FEES, BUSINESS_INSURANCE, INSURANCE_CLAIMS, DELIVERY_FEES, EXPORTED_GOODS, SERVICE_CHARGES, LOAN_PAYMENT, OFFICE_EXPENSES, PROPERTY_PURCHASE, PROPERTY_RENTAL, ROYALTY_FEES, SHARES_INVESTMENT, FUND_INVESTMENT, TAX_PAYMENT, TRANSPORTATION_FEES, UTILITY_BILLS, PERSONAL_TRANSFER, SALARY_PAYMENT, OTHER_FEES, COMPUTER_SERVICES, REWARD_PAYMENT, INFLUENCER_PAYMENT.

Sender Parameters (Business)

ParameterDescriptionRequired
sender[type]Must be BUSINESS.✅
sender[accountName]Sender account name.✅
sender[country]Sender country.✅
sender[city]Sender city.✅
sender[address]Sender address.✅
sender[postCode]Sender postal code.✅
sender[businessRegistrationNumber]Business registration number.✅

Sender Parameters (Individual)

ParameterDescriptionRequired
sender[type]Must be INDIVIDUAL.✅
sender[accountName]Sender full name (must include first and last name).✅
sender[postCode]Sender postal code.✅
sender[dateOfBirth]Sender date of birth (YYYY-MM-DD).✅
sender[countryOfBirth]Sender country of birth.✅

Beneficiary Parameters

ParameterDescriptionRequired
beneficiary[type]Must be INDIVIDUAL or BUSINESS.✅