[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-281250-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-281250-en":127},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","frequently-asked-supplier-questions-how-to-complete-the-bank-section-during-registration","Frequently Asked Supplier Questions - How to Complete the Bank Section During Registration","","Guidance for suppliers on completing the bank details section during registration, including the bank supporting documents required for verification. Mandatory inputs are highlighted for Transaction Method, Bank country, Swift Code, and Bank Account Number, while specific rules explain acceptable evidence (issued by the bank) and required formatting, such as removing dashes or spaces. It also covers GIRO local payments in SGD, telegraphic transfers for non-SGD scenarios, PayNow using UEN, updating or deleting bank records, account holder requirements, and handling intermediary bank information.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/forms/","Forms",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/frequently-asked-supplier-questions-how-to-complete-the-bank-section-during-registration/281250/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/frequently-asked-supplier-questions-how-to-complete-the-bank-section-during-registration/281250.png","ImageObject",442,249,{"name":42,"@type":43},"Blaney","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-29","2026-09-16",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",10,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What supporting documents must be attached to verify bank details?","Question",{"text":63,"@type":64},"Attach a bank-issued supporting document such as a copy of bank letterhead with wire instructions, a copy of a cancelled/void cheque, or the top portion of the vendor’s bank statement showing the account number without transaction details. Invoice or bank details on company letterhead are not accepted.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"Which fields are mandatory for maintaining bank details?",{"text":68,"@type":64},"Mandatory fields marked with a red asterisk are Transaction Method, Bank country, Swift Code, and Bank Account Number. Bank supporting documentation must be attached for verification.",{"name":70,"@type":61,"acceptedAnswer":71},"How should suppliers update or remove existing bank details?",{"text":72,"@type":64},"To change an account, delete the existing bank details that are no longer required and add new bank details using the Delete and Add an additional Bank buttons. If a bank account is closed, remove the bank details by clicking the delete icon.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},281250,1790176602,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,113,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":111,"slug":112},17,40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":115,"show_sort_weight":116,"slug":117},18,"Letters",30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":110,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":30,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":140,"read_time":22},1236954677761,"https://us-avatar.wpscdn.com/davatar_994ba38a5ba835b3df7d355c54d3ed8d","Important notes  \n1. Bank supporting document must be attached for verification such as:  \n(i) A copy of bank letterhead with wire instructions or  \n(ii) A copy of cancelled/void cheque or  \n(iii) Top portion of vendor’s bank statement with the bank account number but without the transaction details for verification.  \nNote: Invoice or bank detail on company letter head is not accepted, it must be issued by the bank.  \n2. Local supplier is encouraged to maintain GIRO transaction method for payment in Singapore (SGD) currency to local banks only.  \n3. Maximum of 2 active bank details are allowed, supplier to delete inactive bank detail where applicable.  \n4. Supplier has the responsibility to ensure that bank detail provided to NUS is correct and true at all times.  \n5. Please refer to information tip of each field to avoid data errors or rejection   \nFAQ  \n1. Question: What are the mandatory fields to maintain for bank details?  \nAnswer: Mandatory fields are marked with red * and those fields are Transaction Method, Bank country, Swift Code and Bank Account Number.  \nPlease attach bank supporting document for verification. You may hover on the information icon for more details.  \n2. Question: What are the different types of transaction methods?  \nAnswer: Please select either one of the following:  \n(i) Local transfer: GIRO for payment in Singapore (SGD) currency only  \n(ii) Telegraphic Transfer for any telegraphic transfer to Banks located outside of Singapore orto Singapore Banks but in currency other than SGD  \n(iii) PayNow using UEN, enter Unique Entity Number (UEN) as bank account number field for payment up to $200,000 .  \n3. Question: How do I update existing bank details?  \nAnswer: If change of bank account is needed, please delete the existing bank details that is not required and add new bank details. The “Delete” and “Add an additional Bank” buttons are circled below.  \n4. Question: What if I have closed a bank account, can I remove the bank details that is no longer valid?  \nAnswer: Yes, click on delete icon to remove the bank details.  \n5. Question: Do I need to include –(dash or hyphen) in bank account number?  \nAnswer: No, please remove dash, hyphen and space in bank account number.  \n6. Question: When do I need to indicate account holder?  \nAnswer: This field is only applicable if you are paying to a beneficiary account name that is different from the entity name. It is mandatory to attach bank supporting document, ACRA (for local entity) and supporting justification to show the relationship between the beneficiary account name and the entity.  \n7. Question: What is the Valid to date for new bank details?  \nAnswer: The valid to date is defaulted as 31.12.9998.  \n8. Question: If intermediary bank is required for payment, what information is needed by NUS? Answer: If intermediary bank is applicable, please indicate “Yes” for Question 7.3.1 and enter the corresponding Bank Account Number, Payment currency, Bank country and Bank Swift code in the Intermediary Bank Section.  \n9. Question: Can I maintain two bank accounts?  \nAnswer: Please try to maintain only one bank account unless it is a different transaction method (GIRO, PAYNOW_UEN or TT)  \n10. Question: Can I maintain the same bank account twice?  \nAnswer: You can maintain same bank account if it is for different transaction method (example: GIRO and TT)  \n11. Question: Which are the banks that need to include branch code in bank account numbers? Answer: Oversea-Chinese Banking Corporation (OCBC), Hong Kong and Shanghai Banking Corporation (HSBC) and Bank of India","cbCaikXnX8XHdBPa","https://ap.wps.com/l/cbCaikXnX8XHdBPa","pdf",351962,"English","# FAQ\n## Mandatory requirements and supporting documents\n## Transaction methods and payment rules\n## Updating, deleting, and formatting bank details\n## Account holder and intermediary bank information","[{\"question\":\"What supporting documents must be attached to verify bank details?\",\"answer\":\"Attach a bank-issued supporting document such as a copy of bank letterhead with wire instructions, a copy of a cancelled/void cheque, or the top portion of the vendor’s bank statement showing the account number without transaction details. Invoice or bank details on company letterhead are not accepted.\"},{\"question\":\"Which fields are mandatory for maintaining bank details?\",\"answer\":\"Mandatory fields marked with a red asterisk are Transaction Method, Bank country, Swift Code, and Bank Account Number. Bank supporting documentation must be attached for verification.\"},{\"question\":\"How should suppliers update or remove existing bank details?\",\"answer\":\"To change an account, delete the existing bank details that are no longer required and add new bank details using the Delete and Add an additional Bank buttons. If a bank account is closed, remove the bank details by clicking the delete icon.\"}]","Frequently Asked Supplier Questions - How to Complete the Bank Section During Registration | PDF",1789565136]