SWIFT/BIC code MKTBTWTP231
MKTBTWTP231 belongs to Taiwan Shin Kong Commercial Bank Co., LTD. in Tao-Yuan, Taiwan.
Code details
| SWIFT/BIC code | MKTBTWTP231 |
|---|---|
| 8-character code | MKTBTWTP |
| Branch code | 231 |
| Bank | Taiwan Shin Kong Commercial Bank Co., LTD. |
| Branch | Taoyuan Branch |
| City | Tao-Yuan |
| Country | Taiwan |
The way 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.
- 231 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 is behind SWIFT/BIC code MKTBTWTP231?
MKTBTWTP231 identifies Taoyuan Branch, a unit of Taiwan Shin Kong Commercial Bank Co., LTD. in Tao-Yuan, Taiwan. Only use it if the account is held at this specific branch.
What happens if I use MKTBTWTP231 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check MKTBTWTP231 with the recipient before sending.
Which details do I need for a transfer to an account at Taiwan Shin Kong Commercial Bank Co., LTD.?
Have ready the SWIFT/BIC code MKTBTWTP231, the account number or IBAN of the recipientand the name of the account holder. Taiwan uses international SWIFT transfers, so the BIC is required.
What is the best way to send money to Taiwan Shin Kong 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 transfer services before you send.
How long does it take to send money to Taiwan Shin Kong Commercial Bank Co., LTD. 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 quicker and cheaper.
What do the letters in MKTBTWTP231 mean?
MKTB is the institution code of Taiwan Shin Kong Commercial Bank Co., LTD., TW is the ISO code of Taiwan, TP is the location code and 231 is the code of the department Taoyuan Branch.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.