SWIFT/BIC code BACTTWT1TAP
BACTTWT1TAP belongs to Bao Chen Securities Co LTD in Taipei, Taiwan.
Code details
| SWIFT/BIC code | BACTTWT1TAP |
|---|---|
| 8-character code | BACTTWT1 |
| Branch code | TAP |
| Bank | Bao Chen Securities Co LTD |
| Branch | Taipei Branch |
| City | Taipei |
| Country | Taiwan |
How the Bao Chen Securities Co LTD SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BACT Bank code
- 4 letters that identify the bank.
- TW Country code
- 2 letters for the country (ISO 3166).
- T1 Location code
- 2 characters for the city or region of the head office.
- TAP Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank uses SWIFT/BIC code BACTTWT1TAP?
BACTTWT1TAP is the SWIFT/BIC code of Taipei Branch, part of Bao Chen Securities Co LTD in Taipei, Taiwan. Only use it if the recipient or their bank explicitly asks for it.
What do I need to send money to an account at Bao Chen Securities Co LTD?
You need the SWIFT/BIC code BACTTWT1TAP, the account number or IBAN of the recipientand the name of the account holder. Taiwan is not part of SEPA, so the BIC is required.
How long does a transfer to Bao Chen Securities Co LTD take in Taiwan?
A SWIFT payment typically takes 1–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker than a bank.
What happens if I enter BACTTWT1TAP incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check BACTTWT1TAP against the details from Bao Chen Securities Co LTD before you confirm.
What is the cheapest way to send money to Bao Chen Securities Co LTD?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Taiwan with transfer services before you send – the difference can be large.
What does each part of BACTTWT1TAP stand for?
BACT is the institution code of Bao Chen Securities Co LTD, TW is the ISO code of Taiwan, T1 is the location code and TAP is the code of the department Taipei Branch.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.