Declaring Entities that wish to make payment of duties, Goods and Services Tax (GST) or other miscellaneous fees from your bank account to Singapore Customs directly (instead of through their Declaring Agent), and all Declaring Agents must apply for an Inter-Bank GIRO (IBG) with Singapore Customs.
The bank account must be linked to your entity's Unique Entity Number and savings or current account under one of the IBG participating banks listed in The Association of Banks in Singapore's website.
To apply, submit the completed IBG application form to:
Director-General of Customs
55 Newton Road
#09-01 Revenue House
The processing of the application usually takes three to four weeks.
When the application is approved, the Primary Contact (or the Secondary Contact should transmission to Primary Contact fails) registered in your Customs Account will receive a fax or email notification.
If you have an existing IBG with Singapore Customs and wish to change the bank account used for your IBG, you are required to submit a new IBG application.
Authorise a Declaring Agent
You may authorise your Declaring Agent to use your IBG for the payment of duties and GST for your TradeNet permit applications.
Learn more about authorising Declaring Agents.
When your TradeNet permit application requiring duty and/or GST payment is approved, the payment mode will be denoted by the permit condition(s) for payment.
Checking your IBG Deduction Status
Your bank statement will reflect successful IBG deductions initiated by Singapore Customs. The format and type of information such as permit number reflected in the bank statement may differ for different banks.
You may also consider registering as a TradeNet user to obtain your past permit application details to reconcile the bank statement.
If your IBG deduction is unsuccessful, you will be informed by Singapore Customs on the follow-up actions required for payment.
Please ensure that you maintain sufficient funds in your bank account and update Singapore Customs on changes to your bank account, as a penalty may be imposed for failed IBG deductions.