SWIFT/BIC code DAWATWT1XXX
DAWATWT1XXX belongs to Daiwa Securities Smbc - Cathay Co., LTD in Taipei, Taiwan.
Code details
| SWIFT/BIC code | DAWATWT1XXX |
|---|---|
| 8-character code | DAWATWT1 |
| Branch code | XXX |
| Bank | Daiwa Securities Smbc - Cathay Co., LTD |
| Branch | Head office |
| City | Taipei |
| Country | Taiwan |
How the Daiwa Securities Smbc - Cathay Co., LTD SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DAWA Bank code
- 4 letters that identify the bank.
- TW Country code
- 2 letters for the country (ISO 3166).
- T1 Location code
- 2 characters for the city or region of the head office.
- XXX 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 DAWATWT1XXX?
DAWATWT1XXX identifies the main office of Daiwa Securities Smbc - Cathay Co., LTD in Taipei, Taiwan. Use it when a payment to Daiwa Securities Smbc - Cathay Co., LTD does not need a specific branch.
Is DAWATWT1 and DAWATWT1XXX the same code?
Yes. DAWATWT1 is the 8-character version of DAWATWT1XXX. XXX simply means head office, so either version routes your payment to Daiwa Securities Smbc - Cathay Co., LTD in Taipei.
How long does it take to send money to Daiwa Securities Smbc - Cathay Co., LTD?
A SWIFT payment typically takes 1–5 business days, because of correspondent banks and time zones. Money transfer services are often quicker and cheaper.
What does each part of DAWATWT1XXX mean?
DAWA is the institution code of Daiwa Securities Smbc - Cathay Co., LTD, TW stands for Taiwan, T1 is the location code and XXX means the head office.
What do I need to send money to an account at Daiwa Securities Smbc - Cathay Co., LTD?
You need the SWIFT/BIC code DAWATWT1XXX, the IBAN or local account number of the recipient, their full name and address. Taiwan is not part of SEPA, so the BIC is required.
What happens if I enter DAWATWT1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check DAWATWT1XXX with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.