Singapore · Payments & e-money
Cbipay Private Limited
CBIPAY PRIVATE LIMITED is a private company incorporated in Singapore and trades as CBiPay. The Monetary Authority of Singapore (MAS) licenses it as a major payment institution under the Payment Services Act 2019. Chinese press reports from August 2023 describe it as established by the CBiBank group, whose bank CB International Bank LLC is licensed in Puerto Rico. It offers payment accounts, domestic and cross-border money transfers, currency exchange, online merchant acquisition and e-money issuance to individuals and businesses.
Licences and registrations
Held by Cbipay Private Limited (LEI 984500FC5DDA539BX698). 2 entries on 2 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| MAS Financial Institutions Directory - Major Payment InstitutionMonetary Authority of Singapore (MAS)Linked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Major Payment InstitutionPayment Institution | Not published by the register | Singapore | Active | — | — |
|
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| Money Services Business RegistryFINTRACLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Foreign MSB (FMSB)Money Transmitter / Remittance | M23923978 | Canada | Ceased | 2023-11-30 | Ended 2026-02-15 |
|
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Licences and registrations listed here were granted in Canada. This BIC is registered in Singapore.
Trading names on the register: CBIPAY (MAS-MPI)
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- CBPVSGS2XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of CBPVSGS2 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2023-06-03
- Last updated
- 2023-06-03
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
Firm type
FX and business payments
Trades as CBiPay
- Standing
- The firm's registration with FINTRAC in Canada as a foreign money services business ended on 15 February 2026. Its MAS major payment institution licence remains listed in the MAS Financial Institutions Directory.
- Ownership
- The firm refers to a parent holding company without naming it. Press reports from August 2023 link it to the CBiBank group, but the direct shareholder is not published.
- Head office
- 1 Irving Place, The Commerze @ Irving #05-13, 369546 Singapore, Singapore
Online
- Websites & references
- paycbi.com ↗
- Official social accounts
- None found
Sources · 11 pages consulted
- eservices.mas.gov.sg/fid/institution/detail/248408-CBIPAY-PRIVATE-LIMITED
- paycbi.com/index.html
- paycbi.com/about-us.html
- paycbi.com/faq.html
- paycbi.com/contact-us.html
- paycbi.com/services-cross-border.html
- paycbi.com/services-merchant.html
- paycbi.com/termsofuse.html
- paycbi.com/protocol.html
- news.sina.cn/sx/2023-08-25/detail-imzikxpy1270388.d.html
- cbibank.com/
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
MAS licenses the firm as a major payment institution under the Payment Services Act 2019. The licence covers account issuance, domestic money transfer, cross-border money transfer, merchant acquisition and e-money issuance services.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Monetary Authority of Singapore Singapore | Major Payment Institution (account issuance, domestic money transfer, cross-border money transfer, merchant acquisition and e-money issuance services) | — | In its own name | Active | eservices.mas.gov.sg ↗ |
| Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Canada | Foreign money services business registration | M23923978 | In its own name | Withdrawn or expired | — |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm states that it holds customer funds in a safeguarding account in Singapore, separate from its operating account. It does not name the bank.
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It offers payment accounts and inbound and outbound remittances for trading companies, e-commerce businesses and individuals. It says it supports transactions in 12 currencies, and its merchant acquisition is currently limited to online e-commerce merchants. The firm does not publish its payment corridors.
It serves customers from Singapore under its MAS licence and handles inbound and outbound cross-border transfers.
- Sells to
- Small businesses · Enterprises · Consumers · Financial institutions
- Serves customers in
- Singapore
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The CBiBank group announced that it had established CBiPay in Singapore, holding an MAS major payment institution licence.
news.sina.cn ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- CBPVSGS2XXX
- How the BIC breaks down
- CBPVBank
- SGCountry · Singapore
- S2Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 984500FC5DDA539BX698
- LEI record
- View on GLEIF ↗
- Licence no. · FINTRAC-MSB
- M23923978
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entries: Matched by Elucidate to GLEIF on name, country and address.
- Register-entry IDs
- 676776999336 · c7f6356ca967
Profile
- Type
- Payments & e-money · Money service businessPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 2 entries on 2 registers
- Activities
- Money remittance
- Payment services
- Card acquiring
- E-money / stored value
- Currency exchange
- Licensed in
- Singapore
- Website (register)
- www.paycbi.com ↗
- Country · region
- Singapore · East Asia & Pacific
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- THE COMMERZE (AT) IRVING 05-13 ROOM F, 1 IRVING PLACE SINGAPORE 369546 SINGAPORE
- Operational address
- THE COMMERZE (at) IRVING 05-13 ROOM F, 1 IRVING PLACE SINGAPORE SINGAPORE 369546 SINGAPORE
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>CBPVSGS2XXX</BICFI>
<LEI>984500FC5DDA539BX698</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>CBPVSGS2XXX</BICFI>
<LEI>984500FC5DDA539BX698</LEI>
<Nm>CBIPAY PRIVATE LIMITED</Nm>
<PstlAdr>
<TwnNm>SINGAPORE</TwnNm>
<Ctry>SG</Ctry>
<AdrLine>THE COMMERZE (AT) IRVING 05-13 ROOM F, 1 IRVING PLACE SINGAPORE 369546</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- MAS Financial Institutions Directory - Major Payment Institution—Monetary Authority of Singapore (MAS) · register ↗ as at 25 September 2026
- Money Services Business Registry—Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) · register ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
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