SWIFT/BIC code SINOTWTP020
SINOTWTP020 belongs to Bank Sinopac in Taipei, Taiwan.
Code details
| SWIFT/BIC code | SINOTWTP020 |
|---|---|
| 8-character code | SINOTWTP |
| Branch code | 020 |
| Bank | Bank Sinopac |
| Branch | Offshore Banking Branch |
| City | Taipei |
| Country | Taiwan |
How the Bank Sinopac SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SINO 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.
- 020 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 SINOTWTP020?
SINOTWTP020 identifies Offshore Banking Branch, a branch or department of Bank Sinopac in Taipei, Taiwan. Only use it if the account is held at this specific branch.
What does each part of SINOTWTP020 mean?
SINO is the institution code of Bank Sinopac, TW is the ISO code of Taiwan, TP is the code for the city or region and 020 is the code of the department Offshore Banking Branch.
What happens if I enter SINOTWTP020 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check SINOTWTP020 against the details from Bank Sinopac before you confirm.
What do I need for a transfer to an account at Bank Sinopac?
You need the SWIFT/BIC code SINOTWTP020, the account number or IBAN of the recipientand the name of the account holder. Taiwan is not part of SEPA, so always include the BIC.
What is the cheapest way to send money to Bank Sinopac?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Taiwan with specialist providers before you send – the difference can be large.
Can I use SINOTWTP instead of SINOTWTP020?
SINOTWTP points to the head office of Bank Sinopac, while SINOTWTP020 points to Offshore Banking Branch. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention SINOTWTP020.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.