SWIFT/BIC code ICBCTWTP242
ICBCTWTP242 belongs to Mega International Commercial Bank Co., LTD. in Tainan, Taiwan.
Code details
| SWIFT/BIC code | ICBCTWTP242 |
|---|---|
| 8-character code | ICBCTWTP |
| Branch code | 242 |
| Bank | Mega International Commercial Bank Co., LTD. |
| Branch | Tainan Science Park Branch |
| City | Tainan |
| Country | Taiwan |
The way the Mega International Commercial Bank Co., LTD. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ICBC 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
What bank uses SWIFT/BIC code ICBCTWTP242?
ICBCTWTP242 identifies Tainan Science Park Branch, a branch or department of Mega International Commercial Bank Co., LTD. in Tainan, Taiwan. Only use it if the account is held at this specific branch.
What happens if I enter ICBCTWTP242 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check ICBCTWTP242 with the recipient before you confirm.
What is the cheapest way to send money to Mega International Commercial Bank Co., LTD. in Taiwan?
Many banks add 1–3% 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.
Can I use ICBCTWTP instead of ICBCTWTP242?
ICBCTWTP points to the head office of Mega International Commercial Bank Co., LTD., while ICBCTWTP242 points to Tainan Science Park Branch. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention ICBCTWTP242.
What do I need to send money to an account at Mega International Commercial Bank Co., LTD.?
You need the SWIFT/BIC code ICBCTWTP242, 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.
How long does a transfer to Mega International Commercial Bank Co., LTD. take in Taiwan?
An international SWIFT transfer usually takes 1–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker than a bank.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.