SWIFT/BIC code BKTWTWTP242
BKTWTWTP242 belongs to Bank of Taiwan in Taipei, Taiwan.
Code details
| SWIFT/BIC code | BKTWTWTP242 |
|---|---|
| 8-character code | BKTWTWTP |
| Branch code | 242 |
| Bank | Bank of Taiwan |
| Branch | Wanhua 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.
- 242 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 BIC BKTWTWTP242?
The code BKTWTWTP242 belongs to Wanhua Branch, a branch or department of Bank of Taiwan in Taipei, Taiwan. Use this branch code only when the account is held at this specific branch.
Does Bank of Taiwan have other SWIFT/BIC codes?
Yes – our database contains 166 SWIFT/BIC codes for Bank of Taiwan in Taiwan, for the head office and several branches or departments. All of them are listed on the page of Bank of Taiwan.
What is the cheapest way to send money to Bank of Taiwan in Taiwan?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Taiwan with specialist providers before you send – the difference can be large.
What happens if I enter BKTWTWTP242 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check BKTWTWTP242 against the details from Bank of Taiwan before sending.
Can I use BKTWTWTP instead of BKTWTWTP242?
BKTWTWTP points to the head office of Bank of Taiwan, while BKTWTWTP242 is Wanhua Branch. Most international transfers work with the head office code, but use BKTWTWTP242 if the recipient asks for it.
What do the letters in BKTWTWTP242 mean?
BKTW is the institution code of Bank of Taiwan, TW stands for Taiwan, TP is the code for the city or region and 242 identifies the department Wanhua Branch.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.