SWIFT/BIC code BKTWTWTP108
BKTWTWTP108 belongs to Bank of Taiwan in Taipei, Taiwan.
Code details
| SWIFT/BIC code | BKTWTWTP108 |
|---|---|
| 8-character code | BKTWTWTP |
| Branch code | 108 |
| Bank | Bank of Taiwan |
| Branch | Hoping Branch |
| City | Taipei |
| Country | Taiwan |
How the Bank of Taiwan SWIFT/BIC is built up
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.
- 108 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 SWIFT code BKTWTWTP108?
BKTWTWTP108 is the SWIFT/BIC code of Hoping Branch, a unit of Bank of Taiwan in Taipei, Taiwan. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the best way to send money to Bank of Taiwan in Taiwan?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Taiwan with specialist providers before you send – the difference can be large.
What happens if I enter BKTWTWTP108 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check BKTWTWTP108 against the details from Bank of Taiwan before sending.
Can I use BKTWTWTP instead of BKTWTWTP108?
BKTWTWTP points to the head office of Bank of Taiwan, while BKTWTWTP108 is Hoping Branch. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention BKTWTWTP108.
How long does it take to send money to Bank of Taiwan?
An international SWIFT transfer usually takes 2–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
What do the letters in BKTWTWTP108 stand for?
BKTW is the bank code of Bank of Taiwan, TW is the ISO code of Taiwan, TP is the code for the city or region and 108 identifies the department Hoping Branch.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.