Remittance Application Guide

Guide to completing the application form

Standard Chartered's outward telegraphic transfer form is used for paper-based remittances, enabling your transaction to be processed in
a timely manner.

Branch:Your domicile branch or the branch where you opened the Transfer Instructions
account
Payment Method (From Account/Others): The method in
Date*: Submission date in the format of dd/mm/yyyy which the remittance request is funded.

Applicant's Information (Sender) Debit A/C No. (Currency/Account)*: This is to be entered if

the remittance is funded from an account with Standard
Chartered.
Name of Sender*: Name of applicant
Address: Address of applicant
Charges Debit A/C No. (Currency/Account)*: The account
number that charges for the remittance are to be debited
Resident (Yes/No): Is the applicant a local resident? In some countries,
from.
this information is required.
Remittance of (Currency/Amount)^: Currency and amount
Telephone Number: Applicant's contact number
to be transferred, spelt out in words.
ID/Passport No.: Identification number of the applicant
Equivalent of (Currency/Amount)^: Enter the "Remittance
of - Ccy" and state the "Equivalent of - Ccy" & "Equivalent -
32A: Value Date: Date on which this transfer needs to be executed. It
Amt", spelt out in words. In this case you may leave the
may not be the same as the date of submission.
"Remittance of - Amt" blank as this will be calculated by the
bank which is dependent on the exchange rate at the time of
56A: Intermediary Bank (Name, Address, Country): This is an optional
processing.
field. However if the payer has a specific preference as to which bank the
transaction should be routed through, this field may be completed.
70: Details of Payment: Some payments will have an
Bank Code: This is a unique identification code for an intermediary bank.
important message that needs to be captured in the
Payers are expected to insert a single code only, which can either be a
payment, e.g. invoice no., breakdown of the funds.
SWIFT BIC Code or a local clearing code, e.g. Routing Number Code
(Fedwire/ABA) or CHIPS UID Code for USD; UK Domestic Sort Code
71: All local and overseas charges borne by beneficiary
for GBP; Australian Bank State Branch (BSB) Code for AUD.
(BEN), remitter (OUR) or (SHA)*: Who bears the charges?
Similarly, we recommend you obtain the applicable bank code for other
If all local and overseas charges are borne by beneficiary,
currencies/countries from the payment recipient or intermediary bank.
then it is "BEN". If all local and overseas charges are borne
by remitter, then it is "OUR". If charges are being shared
57: Beneficiary's Bank (Name*, Address*, Country*): The bank at
(SHA), the applicant will bear local charges and the
which the beneficiary holds the account or the bank to which the funds
beneficiary will bear the overseas charges.
are being transferred, usually by way of international wire transfers.
Bank Code: This is a unique identification code for a beneficiary bank.
72: Bank to Bank Information: The remitter bank can
Payers are expected to insert a single code only, which can either be a
provide some information for the receiving bank to take note,
SWIFT BIC Code or a local clearing code, e.g. Routing Number Code
e.g. when paying USD equivalent of SGD, the remitter bank
(Fedwire/ABA) or CHIPS UID Code for USD; UK Domestic Sort Code
can give instruction to the receiving bank either to convert or
for GBP; Australian Bank State Branch (BSB) Code for AUD.
not convert to SGD when the funds are received. Can also
Similarly, we recommend you obtain the applicable bank code for other
be used if the applicant needs to indicate the address of the
currencies/countries from the payment recipient.
beneficiary bank/account/address of beneficiary bank.
59: Beneficiary (Name*, Address, Country*): The receiver of the funds.
Forward Contract/Treasury Deal No., FX rates, Dealer's
Resident (Yes/No): Residency status as per the country stated by the
Name: Before sending your remittance instruction some
beneficiary.
customers might have contracted a FX rate with dealers.
Hence kindly input the contract or deal number and the
Account No.*/IBAN: IBAN stands for the International Bank Account
dealer's name.
Number and is used by banks in most European countries for
cross-border funds transfers. Every client has their own unique IBAN and
Customer's Signature*: Client to sign in this box. This
this should be quoted for all cross-border funds transfers to European
signature should be similar to the signing mandate of the
countries. The list of European countries for which this is may be required
debiting account.
and the IBAN format for each country can be found in the Appendix to this
document.
A copy of the SWIFT (MT103) is required. The charges
are to be debited to account no.: Check this box if a copy
To check the accuracy of the format of your IBAN, please visit
of the remittance message is required. In most cases, the
http://www.tbg5-finance.org/?ibancheck.shtml
remittance debit advice will be sufficient.
ID/Passport No.: Identification number of the beneficiary.

* Indicates mandatory fields which must be completed

^ Either one of these fields must be completed.