SWIFT/BIC code BKTWTWTP022
BKTWTWTP022 belongs to Bank of Taiwan in I-Lan, Taiwan.
Code details
| SWIFT/BIC code | BKTWTWTP022 |
|---|---|
| 8-character code | BKTWTWTP |
| Branch code | 022 |
| Bank | Bank of Taiwan |
| Branch | I-Lan Branch |
| City | I-Lan |
| Country | Taiwan |
How the Bank of Taiwan SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BKTW Bank code
- 4 letters that identify the bank.
- TW Country code
- 2 letters for the country (ISO 3166).
- TP Location code
- 2 characters for the city or region of the head office.
- 022 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
What bank uses BIC BKTWTWTP022?
BKTWTWTP022 identifies I-Lan Branch, part of Bank of Taiwan in I-Lan, Taiwan. Only use it if the recipient or their bank explicitly asks for it.
How long does it take to send money to Bank of Taiwan in Taiwan?
A SWIFT payment typically takes 1–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
What does each part of BKTWTWTP022 mean?
BKTW is the institution code of Bank of Taiwan, TW is the ISO code of Taiwan, TP is the code for the city or region and 022 identifies the department I-Lan Branch.
What do I need to send money to an account at Bank of Taiwan?
You need the SWIFT/BIC code BKTWTWTP022, the account number or IBAN of the recipientand the name of the account holder. Taiwan is not part of SEPA, so always include the BIC.
What is the cheapest way to send money to Bank of Taiwan in Taiwan?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Taiwan with transfer services before you send.
What happens if I enter BKTWTWTP022 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check BKTWTWTP022 against the details from Bank of Taiwan before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.