SWIFT/BIC codes in Taiwan: banks starting with D

Bank SWIFT codes for Taiwan

On this page you find codes for 369 institutions in Taiwan. Each code points to an institution or a specific branch or department, so a payment from abroad reaches the right place.

Choose a bank from the list to see the head office code and its other codes, plus practical notes for sending and receiving money. The sections below explain the structure of the codes, the cost of transfers and the checks worth doing.

What a sender needs to pay you in Taiwan

When you are waiting for a payment from another country in Taiwan, send the payer everything they need in one go. In practice that means: your name as your bank knows it, your IBAN or account number, the SWIFT/BIC code of your bank and usually your address.

Find your bank in the list above to check its code – your bank statement is the final word. Certain sending banks also want your bank’s address, so keep it at hand.

Do not be surprised if the amount credited is below what the sender paid. Intermediary banks may deduct a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin applies. Make clear with the sender who covers the fees.

The structure of a Taiwan SWIFT/BIC code

Bank identifier codes follow the same format worldwide: 8 characters plus an optional three-character extension. The first four letters stand for the bank, characters five and six form the country code and the next two give the location.

For banks in Taiwan, letters five and six are the ISO country code of Taiwan. Codes with other letters in that position belong to a bank abroad.

An 11-character code adds three characters for a branch. In most cases the head office code is fine unless the recipient asks for a specific branch.

Transfer times to Taiwan

A SWIFT payment to Taiwan usually needs anywhere from one to several business days, depending on the currency, the route and the banks involved. Public holidays in either country add a day or more to the journey.

If the money is late, ask the sender to contact their own bank and ask for the status or the UETR. Keep your transfer receipt – you will need it if something goes wrong.

SWIFT transfers to Taiwan

Taiwan is not part of the SEPA area, the European zone for uniform euro payments. Payments from abroad usually go through the SWIFT network – which is why you need the BIC of the recipient’s bank.

Depending on the country, accounts are identified by a domestic account number instead of an IBAN. Check with the recipient exactly which details their bank requires for payments from abroad. International transfers sometimes go via one or more intermediary banks, each of which may deduct a fee.

The cheapest way to send money to Taiwan

An international bank payment to Taiwan often costs rather more than you think. Besides the fee, correspondent banks may take a cut and, if currencies are converted, the bank usually uses a rate below the real market rate.

The markup on the rate tends to be the biggest part of the cost, even though it is not listed as a fee. Check the bank’s rate with the mid-market rate, the midpoint you see on financial news sites; the gap is what conversion costs you.

For a lot of currency pairs, a transfer service turns out to be cheaper than a bank. GoldexPay compares the amount that arrives in Taiwan across services.

How reliable is this list?

Ask the recipient to send you the account details straight from their banking app. When the code you were given differs from the code listed here, stop and ask – contact the recipient or their bank.

This list is based on public sources and is updated regularly. Even so, banks merge or retire codes. Use this list as a starting point; the recipient’s bank details are leading. GoldexPay is an independent comparison site.

Scammers regularly send payment requests with changed bank details. Always confirm changed details by phone, using a number you already had.

Filter: banks in Taiwan with :letter

This filter limits the list down to banks in Taiwan starting with :letter to make searching quicker. The counts in the introduction still refer to the whole country, not just this letter.

Many institutions appear under their official name. The full overview for Taiwan remains available if you cannot find the bank here.

Hua Nan Commercial Bank, LTD. and its SWIFT codes

In our directory, Hua Nan Commercial Bank, LTD. has the most SWIFT/BIC codes in Taiwan. Its head office code is HNBKTWTPXXX – the code most transfers need.

Banks differ in whether they register branch codes. Making a payment to Hua Nan Commercial Bank, LTD.? Go with HNBKTWTPXXX unless the recipient gives you a branch code.