SWIFT/BIC code MKTBTWTP028
MKTBTWTP028 belongs to Taiwan Shin Kong Commercial Bank Co., LTD. in Taipei, Taiwan.
Code details
| SWIFT/BIC code | MKTBTWTP028 |
|---|---|
| 8-character code | MKTBTWTP |
| Branch code | 028 |
| Bank | Taiwan Shin Kong Commercial Bank Co., LTD. |
| Branch | Dong Taipei Branch |
| City | Taipei |
| Country | Taiwan |
How the Taiwan Shin Kong Commercial Bank Co., LTD. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MKTB 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.
- 028 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 MKTBTWTP028?
The code MKTBTWTP028 belongs to Dong Taipei Branch, a unit of Taiwan Shin Kong Commercial Bank Co., LTD. in Taipei, Taiwan. Use this branch code only when the account is held at this specific branch.
What happens if I use MKTBTWTP028 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check MKTBTWTP028 against the details from Taiwan Shin Kong Commercial Bank Co., LTD. before you confirm.
What is the best way to send money to Taiwan Shin Kong Commercial Bank Co., LTD. in Taiwan?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Taiwan with transfer services before you send – the difference can be large.
Can I use MKTBTWTP instead of MKTBTWTP028?
MKTBTWTP points to the main office of Taiwan Shin Kong Commercial Bank Co., LTD., while MKTBTWTP028 is Dong Taipei Branch. For a normal transfer the head office code is usually fine, but use MKTBTWTP028 if the recipient asks for it.
What does each part of MKTBTWTP028 mean?
MKTB is the bank code of Taiwan Shin Kong Commercial Bank Co., LTD., TW stands for Taiwan, TP is the code for the city or region and 028 identifies the department Dong Taipei Branch.
What do I need to send money to an account at Taiwan Shin Kong Commercial Bank Co., LTD.?
You need the SWIFT/BIC code MKTBTWTP028, 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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.