SWIFT/BIC code MKTBTWTP505
MKTBTWTP505 belongs to Taiwan Shin Kong Commercial Bank Co., LTD. in Sinjhuang, Taiwan.
Code details
| SWIFT/BIC code | MKTBTWTP505 |
|---|---|
| 8-character code | MKTBTWTP |
| Branch code | 505 |
| Bank | Taiwan Shin Kong Commercial Bank Co., LTD. |
| Branch | Dan Feng Branch |
| City | Sinjhuang |
| 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.
- 505 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 MKTBTWTP505?
MKTBTWTP505 identifies Dan Feng Branch, a unit of Taiwan Shin Kong Commercial Bank Co., LTD. in Sinjhuang, Taiwan. Only use it if the account is held at this specific branch.
What is the cheapest way to send money to Taiwan Shin Kong Commercial Bank Co., LTD. in Taiwan?
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.
Can I use MKTBTWTP instead of MKTBTWTP505?
MKTBTWTP points to the head office of Taiwan Shin Kong Commercial Bank Co., LTD., while MKTBTWTP505 is Dan Feng Branch. Most international transfers work with the head office code, yet use MKTBTWTP505 if the recipient asks for it.
Does Taiwan Shin Kong Commercial Bank Co., LTD. have other SWIFT/BIC codes?
Yes, our database contains 39 SWIFT/BIC codes for Taiwan Shin Kong Commercial Bank Co., LTD. in Taiwan. All of them are listed on the page of Taiwan Shin Kong Commercial Bank Co., LTD..
How long does it take to send money to Taiwan Shin Kong Commercial Bank Co., LTD. in Taiwan?
An international SWIFT transfer typically takes 2–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker and cheaper.
What happens if I enter MKTBTWTP505 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check MKTBTWTP505 with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.