SWIFT/BIC code MKTBTWTP523
MKTBTWTP523 belongs to Taiwan Shin Kong Commercial Bank Co., LTD. in Taipei, Taiwan.
Code details
| SWIFT/BIC code | MKTBTWTP523 |
|---|---|
| 8-character code | MKTBTWTP |
| Branch code | 523 |
| Bank | Taiwan Shin Kong Commercial Bank Co., LTD. |
| Branch | Taipei Foreign Exchange Processing Unit |
| City | Taipei |
| Country | Taiwan |
The way the Taiwan Shin Kong Commercial Bank Co., LTD. SWIFT/BIC is structured
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.
- 523 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 MKTBTWTP523?
MKTBTWTP523 identifies Taipei Foreign Exchange Processing Unit, a branch or department of Taiwan Shin Kong Commercial Bank Co., LTD. in Taipei, Taiwan. Use this branch code only when the recipient or their bank explicitly asks for it.
What do the letters in MKTBTWTP523 mean?
MKTB is the institution code of Taiwan Shin Kong Commercial Bank Co., LTD., TW stands for Taiwan, TP is the code for the city or region and 523 identifies the branch Taipei Foreign Exchange Processing Unit.
Can I use MKTBTWTP instead of MKTBTWTP523?
MKTBTWTP is the main office of Taiwan Shin Kong Commercial Bank Co., LTD., while MKTBTWTP523 points to Taipei Foreign Exchange Processing Unit. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention MKTBTWTP523.
Has Taiwan Shin Kong Commercial Bank Co., LTD. got 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.?
A SWIFT payment usually takes 1–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster than a bank.
What happens if I use MKTBTWTP523 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check MKTBTWTP523 against the details from Taiwan Shin Kong Commercial Bank Co., LTD. before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.