SWIFT/BIC code LAFETWT1XXX
LAFETWT1XXX belongs to Lai Fwu Securities Co LTD in Yunlin, Taiwan.
Code details
| SWIFT/BIC code | LAFETWT1XXX |
|---|---|
| 8-character code | LAFETWT1 |
| Branch code | XXX |
| Bank | Lai Fwu Securities Co LTD |
| Branch | Head office |
| City | Yunlin |
| Country | Taiwan |
How the Lai Fwu Securities Co LTD SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- LAFE 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 uses SWIFT code LAFETWT1XXX?
The code LAFETWT1XXX belongs to the head office of Lai Fwu Securities Co LTD in Yunlin, Taiwan. It is the code to use when you send money to an account at Lai Fwu Securities Co LTD.
What happens if I enter LAFETWT1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check LAFETWT1XXX with the recipient before you confirm.
What is the best way to send money to Lai Fwu Securities Co LTD?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Taiwan with specialist providers before you send – the difference can be large.
Which details do I need to send money to an account at Lai Fwu Securities Co LTD?
Have ready the SWIFT/BIC code LAFETWT1XXX, the account number or IBAN of the recipient, their full name and address. Taiwan uses international SWIFT transfers, so the BIC is required.
What do the letters in LAFETWT1XXX stand for?
LAFE is the institution code of Lai Fwu Securities Co LTD, TW stands for Taiwan, T1 is the code for the city or region and XXX means the head office.
How long does it take to send money to Lai Fwu Securities Co LTD?
A SWIFT payment usually takes 2–5 business days, because of correspondent banks and time zones. Money transfer services are often quicker and cheaper.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.