Singapore: Additional cash correspondent bank for Singapore Dollar (SGD)
Effective value date
23 November 2020
Clearstream Banking1 is pleased to announce the appointment of Standard Chartered Bank (Singapore) Limited as an additional cash correspondent bank (CCB) for Singapore Dollars (SGD). Customers will have the option of using Standard Chartered Bank (Singapore) Limited, in addition to Clearstream Banking’s current CCB, when paying in SGD.
Impact on customers
Customers must use the following details when opting to pay to a Clearstream Banking account via Standard Chartered Bank (Singapore) Limited:
Singapore Dollar (SGD)
Standard Chartered Bank (Singapore) Limited
Cash instruction deadlines
The current customer cash deadlines for SGD will continue to apply when instructing via Standard Chartered Bank (Singapore) Limited.
The cash correspondent details relating to SGD will be updated in the relevant documentation on the effective date.
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.