SWIFT/BIC code BKTWTWTP157
BKTWTWTP157 belongs to Bank of Taiwan in Taichung, Taiwan.
Code details
| SWIFT/BIC code | BKTWTWTP157 |
|---|---|
| 8-character code | BKTWTWTP |
| Branch code | 157 |
| Bank | Bank of Taiwan |
| Branch | Wuchi Branch |
| City | Taichung |
| Country | Taiwan |
How the Bank of Taiwan SWIFT/BIC works
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.
- 157 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 branch is behind SWIFT code BKTWTWTP157?
BKTWTWTP157 identifies Wuchi Branch, a branch or department of Bank of Taiwan in Taichung, Taiwan. Use this branch code only when the account is held at this specific branch.
What happens if I use BKTWTWTP157 with a typo?
The payment may be delayed, returned or charged extra fees. Always check BKTWTWTP157 with the recipient before you confirm.
What is the best way to send money to Bank of Taiwan in Taiwan?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Taiwan with transfer services before you send – the difference can be large.
Which details do I need to send money to an account at Bank of Taiwan?
You need the SWIFT/BIC code BKTWTWTP157, the IBAN or local account number of the recipientand the name of the account holder. Taiwan is not part of SEPA, so the BIC is required.
Can I use BKTWTWTP instead of BKTWTWTP157?
BKTWTWTP is the head office of Bank of Taiwan, while BKTWTWTP157 is Wuchi Branch. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention BKTWTWTP157.
What do the letters in BKTWTWTP157 stand for?
BKTW is the bank code of Bank of Taiwan, TW stands for Taiwan, TP is the code for the city or region and 157 identifies the branch Wuchi Branch.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.