Bank of America, N.a. Taipei SWIFT/BIC code

Bank of America, N.a. Taipei SWIFT code: BOFATW2X

BOFATW2X and BOFATW2XXXX are two ways of writing the same bank identifier, and both point to Bank of America, N.a. Taipei in Taipei. Every bank on the SWIFT network uses BIC codes to route payments between countries to the right institution. You will need it mainly for transfers between countries and payments in foreign currencies.

We wrote this page to help anyone who receives money at an account at Bank of America, N.a. Taipei and wants to get the details right. The SWIFT code alone cannot identify a personal account; for that you need the account number or IBAN .

Is BOFATW2X still correct? How to check

Have the recipient copy their account details directly from their banking app. Compare that code with BOFATW2X on this page; if they differ, ask before you pay.

With a wrong code, the transfer may be delayed, bounce back or cost extra, and tracing it can take weeks. A mistake in the IBAN or account number is more serious because it can reach the wrong person; check it just as carefully.

Many banking apps validate the format of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. Where available, a name check on the recipient adds extra certainty. When you pay someone new, some people send a small amount first before sending the rest.

Choosing between the 3 SWIFT codes of Bank of America, N.a. Taipei

With 3 codes, Bank of America, N.a. Taipei is one of the banks that register separate codes for branches. The head office code is BOFATW2XXXX.

In most cases there is no need to look up a branch: payments addressed to BOFATW2XXXX reach Bank of America, N.a. Taipei without problems. Just use a branch code when your contact gives you that exact code.

The safest route is to take the code straight from the account holder’s statement. Branch codes are more likely to be retired than BOFATW2XXXX when a bank merges or closes offices.

How up to date is this code?

We gather bank codes from publicly available data and update our list regularly. Still, banks merge, rename themselves or change codes. The number of codes on this page are based on what is in our directory.

Treat our data as a starting point, rather than as the final word. GoldexPay is not affiliated with Bank of America, N.a. Taipei, we only compare transfer services. Spotted an error? Let us know through the contact page.

Sending money abroad from Bank of America, N.a. Taipei

When you transfer money to another country through Bank of America, N.a. Taipei, the fee you see is only part of what you pay. On top of a fixed fee, correspondent or intermediary banks can take a cut, and when currencies are converted, the bank usually uses a rate that is less favourable than the real market rate.

Banks do not list the margin on the rate as a cost, but you pay it all the same. An easy check: put the rate you get next to the mid-market rate and look at the difference.

For a lot of currency pairs, a specialist provider is cheaper than a traditional bank transfer, mainly because of the exchange rate. GoldexPay compares the amount that arrives across services, so you can pick the cheapest route. You can still use your account at Bank of America, N.a. Taipei to fund the transfer; only the conversion and sending happen elsewhere.

Scams that use SWIFT codes

One of the most common tricks goes like this: you receive a request claiming that a contact has a new bank account and that the next payment should go there. The fact that BOFATW2X exists does not mean that the account is legitimate; criminals use the codes of real banks too.

Do not rely on a phone number in the same message that announces the change. Be suspicious of urgent requests, odd spelling or a sender address that is slightly off. If money was sent to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to send back the difference to another account. Do not act before the money is actually in your account – ask Bank of America, N.a. Taipei if something looks wrong.

Incoming international payments to Bank of America, N.a. Taipei

If you expect money from abroad, send the payer a complete set of details. Share the account holder’s name, the IBAN or account number, SWIFT code BOFATW2XXXX and your address, which some banks require.

You can include Bank of America, N.a. Taipei and its city too, since some forms ask for it. A mistake in the IBAN is harder to fix than you might think, so copy the details from your online banking.

Money from abroad will not always arrive for the full amount. Fees for incoming transfers differ from bank to bank. Make clear with the sender who pays which costs before the money is sent.

Transfer times and tracking a payment to Bank of America, N.a. Taipei

There is no fixed answer for every transfer: some land within a day, others take several business days. Bank holidays in either country can add a day or more. Extra checks by one of the banks can also add a delay.

If the money is delayed, ask the sending bank about the status. Save your transfer receipt.

A missing payment has to be investigated from the sending side on the basis of the transfer details. Request from the sender the payment receipt with the date and reference.

What the XXX in BOFATW2XXXX means

The layout of a BIC never changes: four characters for the institution, two for the country and a two-character location code. In this case, that core is BOFATW2X.

XXX at the end of BOFATW2XXXX is not a missing value or a mistake: it stands for the main office of Bank of America, N.a. Taipei. Some banking apps insist on 11 characters, in which case you simply enter XXX after BOFATW2X.

As a rule the code is written in capitals and without spaces. Look out for O versus 0 or I versus 1, a common source of typos.