Wah Tat Bank Berhad SWIFT/BIC code

Wah Tat Bank Berhad SWIFT code: WTBBMY31

Whether you are given WTBBMY31 or WTBBMY31XXX, it is the same address for Wah Tat Bank Berhad in Malaysia. Every bank on the SWIFT network uses BIC codes to direct payments between countries to the right institution. In daily life you usually come across the code on international invoices, in payment forms and in the bank details that Wah Tat Bank Berhad provides.

On this page you will find how the code is put together, when you need it and which other details you need for a transfer to or from Wah Tat Bank Berhad. The SWIFT code on its own does not identify a personal account; that is what the account number or IBAN .

About this information

The details here come from publicly available data. It can happen that a code on this page is out of date. Figures such as the number of codes come from our directory and may differ from what Wah Tat Bank Berhad publishes.

Treat our data as a starting point, not as the final word: the recipient’s bank details come first. GoldexPay is a comparison service for money transfers and not part of Wah Tat Bank Berhad. Spotted an error? Tell us via our contact form and we will look into it.

How to check WTBBMY31 before you pay

The most reliable source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Check it with WTBBMY31 here; if they differ, ask before you pay.

With a wrong code, the transfer might get stuck, be returned or end up costing more. A mistake in the IBAN or account number is more serious.

Most online banking apps check the structure of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. Where available, a name check before sending adds an extra layer of safety. A small test payment can be a sensible step for large sums despite the extra fee.

Changed bank details? Be careful

Fraudsters regularly send fake invoices containing changed bank details sent from what looks like a familiar address. A real SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Check changed payment details via a separate channel, such as a phone number you already know. Pressure or secrecy tend to be warning signs. Already paid? Call your bank without delay and ask them to start a recall; also report it to the police.

Recipients can be targeted as well: one known trick is an overpayment and then sends a request to refund the difference abroad. Wait until the money is actually in your account.

Choosing between the 3 SWIFT codes of Wah Tat Bank Berhad

We have 3 SWIFT/BIC codes for Wah Tat Bank Berhad. Next to the head office code WTBBMY31XXX, you will find codes for individual branches and departments.

Unless the recipient tells you otherwise, use WTBBMY31XXX. Just use a branch code when the account holder explicitly asks for it.

The safest route is to take the code directly from the account holder’s invoice. Codes for branches are more prone to be retired than WTBBMY31XXX when a bank merges or closes offices.

Receiving money from abroad at Wah Tat Bank Berhad

To receive a transfer from abroad into your account at Wah Tat Bank Berhad, the sender has to have not just the SWIFT code. In practice that means: your name as registered with Wah Tat Bank Berhad, your IBAN or account number, the SWIFT/BIC code WTBBMY31XXX and, often, your postal address.

Certain sending banks want the name and address of Wah Tat Bank Berhad. A mistake in the IBAN can be more trouble than it looks.

The amount you receive is often less than the amount sent. Intermediary banks may deduct a fee, and if the money is converted, a markup on the rate applies. Agree with the sender who covers the fees before the money is sent.

8 or 11 characters: WTBBMY31 versus WTBBMY31XXX

The layout of a BIC never changes: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. The result is WTBBMY31, the short form of the code.

The long version has a three-character extension that identify a branch or department. If the last three are XXX, they simply mean the head office, which is why WTBBMY31XXX and WTBBMY31 lead to the same place.

Enter the code as one block, in capitals and without separators, exactly as shown here. Watch for O versus 0 or I versus 1, a common source of typos.

Paying someone abroad from your Wah Tat Bank Berhad account

If you transfer money abroad through Wah Tat Bank Berhad, the visible fee is rarely all of the cost. There is the transfer fee, possibly charges from correspondent banks along the way and, above all, the exchange rate markup if the currency changes.

The real cost is often in the rate, rather than in the fee: the bank converts using an exchange rate with a margin built in. A simple test: set the bank’s rate next to the mid-market rate for the same moment and work out the difference on your amount.

For a lot of routes, a transfer service is cheaper than a bank. On GoldexPay we compare what recipients receive across services, so you can pick the cheapest route. You can still use your account at Wah Tat Bank Berhad; only the conversion and sending happen elsewhere.

How long does an international transfer to Wah Tat Bank Berhad take?

There is no single answer: some arrive within a day, others take several business days. Bank holidays in either country can add extra days, since banks do not process on those days. Sometimes a bank asks what the payment is for before releasing it.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every payment carries a unique reference, the UETR that banks can use to trace it. Money transfer services usually show tracking in their app showing where the money is.

A delayed transfer has to be investigated by the sending bank, using the payment confirmation. As a recipient, it helps to look at your statements to see a partial amount.