SWIFT/BIC code OCSITWT1XXX
OCSITWT1XXX belongs to Overseas Credit and Securities Incorporated in Taipei, Taiwan.
Code details
| SWIFT/BIC code | OCSITWT1XXX |
|---|---|
| 8-character code | OCSITWT1 |
| Branch code | XXX |
| Bank | Overseas Credit and Securities Incorporated |
| Branch | Head office |
| City | Taipei |
| Country | Taiwan |
How the Overseas Credit and Securities Incorporated SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- OCSI 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 is behind SWIFT code OCSITWT1XXX?
OCSITWT1XXX identifies the main office of Overseas Credit and Securities Incorporated in Taipei, Taiwan. Use it when a payment to Overseas Credit and Securities Incorporated does not need a specific branch.
How long does a transfer to Overseas Credit and Securities Incorporated take in Taiwan?
A SWIFT payment typically takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
What do I need for a transfer to an account at Overseas Credit and Securities Incorporated?
You need the SWIFT/BIC code OCSITWT1XXX, the account number or IBAN of the recipientand the name of the account holder. Taiwan uses international SWIFT transfers, so always include the BIC.
What does each part of OCSITWT1XXX stand for?
OCSI is the institution code of Overseas Credit and Securities Incorporated, TW stands for Taiwan, T1 is the code for the city or region and XXX means the head office.
Does Overseas Credit and Securities Incorporated have a single SWIFT/BIC code?
Yes, OCSITWT1XXX is the only SWIFT/BIC code listed for Overseas Credit and Securities Incorporated in Taiwan, so you do not need to pick a branch code.
What is the cheapest way to send money to Overseas Credit and Securities Incorporated in Taiwan?
Many banks 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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.