SGD
Currency · ISO SGD

Singapore dollar (SGD) payouts

Real-time via FAST + PayNow.

ISO code
SGD
Symbol
S$
Countries using
1
Settlement
Real-time

Singapore dollar (SGD) is a live payout currency on the KeyBS Pay platform. Real-time via FAST + PayNow.

SGD is the official currency in 1 country we route into, including Singapore. Beneficiaries in these markets receive funds directly in SGD, with settlement times reflecting the fastest eligible local rail.

Every SGD payout carries the same operational guarantees: pre-quoted FX, no undisclosed intermediary-bank deductions on eligible local rails, KYB / KYC / sanctions screening, and an HMAC-signed webhook audit trail. Pricing is quote-based and shown in full before approval.

Corridor data

Corridor mechanics at a glance

Every KeyBS Pay payout follows the same operational contract; only the rail changes.

ISO 4217
SGD
Symbol
S$
Full name
Singapore dollar
Central bank
Monetary Authority of Singapore
Volatility
Low
Common pairs
USD/SGD · EUR/SGD · GBP/SGD
Settlement routes
FAST, PayNow
Reach
1 country · supported for cross-border settlement
FX policy
Quote-based · rate locked at approval · no undisclosed spreads on eligible local rails
Compliance
KYB · KYC · Sanctions screening · AML review at file, batch and record level
Settlement
Real-time on eligible local rails · Same day on batch · T+0 to T+2 on wire
Stablecoin
USDC / USDT funding available on eligible business corridors through approved partners
Payment flow

How a SGD payout moves through KeyBS Pay

Every payout follows the same seven-step operational contract regardless of source or destination currency.

Recipient verification
Beneficiary identity, account number and (where applicable) national tax ID are verified before funds move. Failed verification returns a signed webhook event with a machine-readable reason code; funds remain refundable.
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Countries

Where SGD is used

Rails

Rails that settle SGD

FAQ

Frequently asked questions

Can I send payouts in SGD?

Yes. Singapore dollar (SGD) is a supported payout currency on KeyBS Pay. Real-time via FAST + PayNow.

Which countries receive SGD?

Singapore.

What FX rate is used for SGD?

Every FX rate is quoted and disclosed pre-approval. Rates are drawn from live market feeds and locked at approval; there are no undisclosed spreads on eligible local rails.

Are SGD payouts real-time?

Where the beneficiary bank participates in an eligible real-time rail, SGD payouts settle in seconds. Same-day and T+0 to T+2 windows apply for batch or correspondent-bank routes respectively.

What limits apply to SGD payouts?

Limits are corridor- and rail-specific. Actual ceilings are shown pre-approval and depend on your KYB tier and destination compliance policy.

Do I need an account in SGD to send it?

No. You can fund your KeyBS Pay balance in any supported source currency; FX to SGD is handled by the platform.

Is SGD available for stablecoin funding?

You can fund payouts using USDC or USDT on eligible business corridors, with the beneficiary receiving in SGD. Retail stablecoin flows are excluded.

What compliance applies to SGD payouts?

Every payout is screened against sanctions and AML watchlists at file, batch and record level. Higher-value SGD transactions trigger enhanced due diligence.

How is SGD pricing structured?

Pricing is quote-based: FX margin, processing fee and any partner deductions are shown in full before you approve the payout. No pricing surprises after execution.

Is SGD supported via API?

Yes. Set "amount.currency": "SGD" on POST /v1/payouts. Idempotency, webhooks and OpenAPI 3.1 documentation apply.

Can I receive SGD at KeyBS Pay?

Collection accounts and virtual IBANs / VANs are corridor-specific. Contact sales to scope inbound SGD collection eligibility for your business.

Are there weekend cutoffs for SGD?

Real-time rails operate around the clock. Same-day and wire rails follow the local banking window; weekend cutoffs are shown at quote time.

Is SGD a restricted currency?

Availability is subject to jurisdictional sanctions, export controls and destination-country regulations. Restricted routes are automatically screened out at the platform level.

Can I split a payout across multiple currencies?

Each payout carries a single beneficiary currency. Splits and multi-leg orchestration are supported at the API or file-batch level.

Do you provide SGD reconciliation exports?

Yes. Per-currency, per-corridor and per-beneficiary reconciliation reports are available in the dashboard and via API export.

Ready when you are

Send Singapore dollar through KeyBS Pay

SGD pricing is quote-based and disclosed in full before you approve.