RHB BANK BERHAD

RHB Bank Berhad (MYX: 1066) is a Malaysian bank based in Kuala Lumpur and founded in 1997. It is the fourth largest fully integrated financial services group in Malaysia.[3]

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RHB BANK BERHAD SWIFT Code

Country

City

Bank or Institution

SWIFT Code

Singapore

SINGAPORE

RHBBSGSG

Singapore

SINGAPORE

RHBBSGSGXXX

Total: 2
1

About RHB BANK BERHAD

Company type
Publicly traded state-owned enterprise
Industry
Banking and finance
Founded
1997 ; 28 years ago ( 1997 ) following the merging of Kwong Yik Bank and DCB Bank. 1913 ; 112 years ago ( 1913 ) (as Kwong Yik Bank)
Headquarters
Kuala Lumpur , Malaysia
Key people
Tan Sri Ahmad Badri Mohd Zahir, Chairman Mohd Rashid Mohamad, Group Managing Director/Group CEO
Products
Banking and financial services
Revenue
RM10.829 Billion (Fiscal Year Ended 31 December 2020) [ 1 ]
Number of employees
14,010 (As of May 2022 [ 2 ] )
Website
rhbgroup .com

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What is a SWIFT code?

A SWIFT code is an 8 or 11 character code used in banking to facilitate transactions and identify the bank.

What is the purpose of a SWIFT code in international transactions?

SWIFT codes are used to route international financial transactions to the correct bank and branch. It facilitates the smooth and accurate transfer of funds between different banks and countries, ensuring that the transactions are processed correctly and securely.

How do I find my bank's SWIFT code?

You can find your bank's SWIFT/BIC code in the statements of your bank account. You can also use our SWIFT/BIC finder to get the right code for your transfer.

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Frequently Asked Questions

1. Why does RHB BANK BERHAD have different SWIFT Codes?

RHB BANK BERHAD operates differently across various countries, regions, and branches, with variations in business operations and clearing paths. To accurately identify and process RHB BANK BERHAD's cross-border payments and other transactions, different SWIFT Codes are used for distinction. Many large multinational banks have unique SWIFT Codes to their headquarters, regional branches, and overseas subsidiaries to ensure precise and secure fund transactions.

2. How do I know which SWIFT Code of RHB BANK BERHAD to use in a transfer?

It depends on the specific business scenario. For cross-border remittance to a branch of RHB BANK BERHAD, you can log on to the official website of RHB BANK BERHAD, or search the current page of XTransfer, or call RHB BANK BERHAD to inquire about the SWIFT Code of the branch. For international business, you should first coordinate with the relevant branch in the target country and confirm the correct SWIFT Code based on the exact information provided by your business partner.

3. Is there any pattern in the composition of different SWIFT Codes for a multinational bank like RHB BANK BERHAD?

Usually, SWIFT Code consists of 8 or 11 characters. For RHB BANK BERHAD, the first 4 digits represent the bank code, which is the same for RHB BANK BERHAD worldwide; the 5th and 6th digits are the country code; and the 7th and 8th digits are the region code, which will be different for branches in various regions. If the code includes 11 digits, the last 3 digits represent the branch code, which is used to distinguish different branches within the same region.

4. Will the SWIFT Code for RHB BANK BERHAD be updated or changed?

Yes. When RHB BANK BERHAD undergoes an organizational restructuring, such as a branch relocation, merger or split, or when there is a significant change in the financial system of the region where RHB BANK BERHAD is located, its SWIFT Code may be updated and changed. RHB BANK BERHAD will announce the changes in advance through its official website, mobile banking APP and other channels. Therefore, when handling cross-border business, customers should pay attention to the announcement of RHB BANK BERHAD in time to confirm the latest SWIFT Code information, so as to avoid affecting the business.

5. Do different SWIFT Codes of RHB BANK BERHAD support the same scope of business?

The scope of business is different. While the same bank can operate with different SWIFT Codes for the same basic types of business, there are differences for some specialized businesses or for businesses in specific regions. For example, the SWIFT Code of some branches may be specialized to support trade finance business, while the SWIFT Code of other branches is more convenient for cross-border e-commerce collection. In addition, for some emerging markets or country-specific business, only the SWIFT Code of a particular branch may have the authority to process it. When conducting international business, it is important to check whether the SWIFT Code of RHB BANK BERHAD supports the corresponding business.