SWIFT/BIC code BKTWTWTP240
BKTWTWTP240 belongs to Bank of Taiwan in Taipei, Taiwan.
Code details
| SWIFT/BIC code | BKTWTWTP240 |
|---|---|
| 8-character code | BKTWTWTP |
| Branch code | 240 |
| Bank | Bank of Taiwan |
| Branch | Sinan Branch |
| City | Taipei |
| 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.
- 240 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 is behind SWIFT code BKTWTWTP240?
BKTWTWTP240 identifies Sinan Branch, part of Bank of Taiwan in Taipei, Taiwan. Use this branch code only when the recipient or their bank explicitly asks for it.
What do the letters in BKTWTWTP240 stand for?
BKTW is the bank code of Bank of Taiwan, TW is the ISO code of Taiwan, TP is the location code and 240 identifies the branch Sinan Branch.
What happens if I use BKTWTWTP240 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check BKTWTWTP240 against the details from Bank of Taiwan before you confirm.
How long does a transfer to Bank of Taiwan take in Taiwan?
An international SWIFT transfer typically takes 2–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often quicker and cheaper.
Which details do I need to send money to an account at Bank of Taiwan?
Have ready the SWIFT/BIC code BKTWTWTP240, the account number or IBAN of the recipient, their full name and address. Taiwan uses international SWIFT transfers, so the BIC is required.
What is the cheapest way to send money to Bank of Taiwan in Taiwan?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Taiwan with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.