SWIFT/BIC code FOTUTWT1XXX
FOTUTWT1XXX belongs to Fortunes Securities Co LTD in Taipei, Taiwan.
Code details
| SWIFT/BIC code | FOTUTWT1XXX |
|---|---|
| 8-character code | FOTUTWT1 |
| Branch code | XXX |
| Bank | Fortunes Securities Co LTD |
| Branch | Head office |
| City | Taipei |
| Country | Taiwan |
How the Fortunes Securities Co LTD SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FOTU 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
What bank is behind SWIFT/BIC code FOTUTWT1XXX?
FOTUTWT1XXX is the SWIFT/BIC code of the main office of Fortunes Securities Co LTD in Taipei, Taiwan. Use it when you send money to an account at Fortunes Securities Co LTD.
How long does a transfer to Fortunes Securities Co LTD take in Taiwan?
An international SWIFT transfer usually takes 2–5 business days, because of intermediary banks and cut-off times. Money transfer services are often faster and cheaper.
What is the best way to send money to Fortunes Securities Co LTD?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Taiwan with transfer services before you send.
What happens if I use FOTUTWT1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check FOTUTWT1XXX against the details from Fortunes Securities Co LTD before you confirm.
Which details do I need to send money to an account at Fortunes Securities Co LTD?
You need the SWIFT/BIC code FOTUTWT1XXX, the account number or IBAN of the recipientand the name of the account holder. Taiwan is not part of SEPA, so the BIC is required.
What does each part of FOTUTWT1XXX mean?
FOTU is the institution code of Fortunes Securities Co LTD, TW is the ISO code of Taiwan, T1 is the code for the city or region and XXX marks the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.