DBS/POSB's Bank code is 7171. All POSB accounts have a standard branch code of 081 while DBS accounts' branch code is the first 3 digits of the account number.
Important information
You do not need to indicate your Branch Name as it is no longer a requirement.
The bank was previously known as The Development Bank of Singapore Limited, which "DBS" was derived from, before the present abbreviated name was adopted on 21 July 2003 to reflect its role as a global bank.
In Germany and Austria, the Bankleitzahl (BLZ) is a code that uniquely identifies a bank. The bank code always consists of eight digits in Germany and five digits in Austria.
If there are 10 digits in your account number, the branch code is the first 3 digits of your account number. Example, if your account number is 0012345678, the branch code is "001". If there are 9 digits in your account number, the branch code is "081".
The first four characters indicate the name of the bank. The first three digits represents the city code where the bank branch is located. The first four characters of this code represent the bank code. Last 6 digits represent the bank location. Last three digits indicate the bank branch code.
DBS/POSB's Bank code is 7171. All POSB accounts have a standard branch code of 081 while DBS accounts' branch code is the first 3 digits of the account number.
The branch code is much like a routing number used in the US. Some SWIFT codes simply use XXX in place of the branch code. In this case, the transfer will go to the bank's main office. The International Standard for SWIFT/BIC codes is ISO 9362 which is why you sometimes see this term used in place of SWIFT.
It can sometimes be found in the account number of the respective customer and it is always a part of the IFSC or Indian Financial System Code. To put it in simple words, a branch code is a part of the IFSC code.
The first two digits identify the bank (TSB is 77, HSBC is 40), and the rest of the number identifies the branch. They were introduced in the 1960s as the banking industry started automating more of its processes. You can usually find your sort-code on the back of your debit card or on your bank statement.
In the US, a bank code (or routing transit number) is a nine-digit number found on a check between the two colons that identifies an American bank. However, the format and information conveyed in a bank code varies by country, so the term “bank code” takes on a more general meaning from an international perspective.
You can typically find your sort code on bank statements and in your online or app banking. Many banks also print the sort code on the front or back of the bank card together with the account number.
If you use online banking, the easiest way to find your bank branch is to log in and go to your account details. Your branch address should also be on any paper statements or letters you've received from your bank. Another way to find your branch is through your sort code.
A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. Bank code A-Z4 letters representing the bank. It usually looks like a shortened version of that bank's name. Country code A-Z2 letters representing the country the bank is in.
Branch codes are unique identifiers for each given bank branch. They make sure money reaches the right bank. Branch codes or sort codes are used for both local and international transfers. You can find a branch code in your bank statement or simply in your PayDo dashboard.
Your bank transit number and institution number can be found at the bottom of a cheque. The transit number (five digits) identifies which branch you opened your account at. The three-digit institution number identifies your bank. The account number (11 digits) identifies your individual account.
If you use online banking, the easiest way to find your bank branch is to log in and go to your account details. Your branch address should also be on any paper statements or letters you've received from your bank. Another way to find your branch is through your sort code.
Bank key represents the code of the bank (branch) used by the vendor. To make payments to your vendor you need to have at least: LFBK-BANKS: Bank country.
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