Dashin Securities Co. LTD. SWIFT/BIC code

What DASRTWT1 means for a payment to Dashin Securities Co. LTD.

Whether you are given DASRTWT1 or DASRTWT1XXX, you are looking at the identical address for Dashin Securities Co. LTD. in Taiwan. A BIC has a single purpose: it makes sure that money from abroad reaches the right bank. In daily life you mostly see the code on invoices from abroad, in your banking app and on the account details that Dashin Securities Co. LTD. provides.

Further down we go through the practical side: receiving money at Dashin Securities Co. LTD., paying someone in another country and how to verify the code before you hit send. The SWIFT code on its own cannot identify a personal account; for that you need the IBAN or account number .

Scams that use SWIFT codes

A common scam goes like this: you receive a message claiming that a contact has new bank details. A correct SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Verify changed payment details via a separate channel like a call to a number from an earlier contract. Watch out for time pressure, odd spelling or an email address that differs by one letter. If money was sent to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Scams can also target the receiver: someone sends too much and wants you to refund the difference to a new account. A payment confirmation from the sender is no proof.

How long does an international transfer to Dashin Securities Co. LTD. take?

An international transfer usually needs anywhere from one to several business days – it depends on currency, route and the banks in between. Payments made after the cut-off time or on a weekend or public holiday usually go out the next business day. Extra checks on larger or unusual payments may also add a delay, regardless of the details.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique reference, the UETR, which your bank can use to see where the money is. Keep your transfer receipt.

A missing payment is investigated from the sending side. On the receiving end, you can look at your statements for a partial amount.

DASRTWT1 or DASRTWT1XXX – which one to use?

Each SWIFT/BIC code has the same eight core characters: a four-letter bank code, a two-letter country code and a two-character location code. For Dashin Securities Co. LTD., that core is DASRTWT1.

XXX at the end of DASRTWT1XXX does not stand for a missing value or a mistake: it stands for the main office of Dashin Securities Co. LTD.. Some forms insist on 11 characters, in which case you simply add XXX after DASRTWT1.

Leave out spaces when you type DASRTWT1; the code is always written in one block. Pasting the code beats retyping it: a typo can point to another bank.

International transfers from Dashin Securities Co. LTD.: the real cost

The price of an international transfer has several parts – not just the fee on your screen. You pay the transfer fee, possibly fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate.

The markup on the rate is often the biggest item. Compare their rate with the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

For a lot of routes, a specialist provider is cheaper than a traditional bank transfer – mostly thanks to the rate. GoldexPay lists these services next to each other, showing what actually arrives before you commit. You can still use your account at Dashin Securities Co. LTD., while a cheaper service handles the conversion.

Getting paid from abroad into a Dashin Securities Co. LTD. account

If you are waiting for money from abroad, give the sender a complete set of details. Share the account holder’s name, your account number or IBAN, the BIC DASRTWT1XXX and your address, which some banks require.

Some sending banks want the bank’s address. A typo in the IBAN is more trouble than it looks, so copy the details from your online banking.

The amount you receive is often less than the amount sent. Intermediary banks may deduct a fee, and when currencies differ, a markup on the rate applies. For business payments, you can state how the fees are split, so that nobody is left short.

A note on our data

The codes on this page are taken from public sources which we refresh regularly. Even so, banks merge or retire codes and our data may lag behind. Figures such as the number of codes are from our directory and are not confirmed by Dashin Securities Co. LTD..

For a payment of any size, always confirm the code with the recipient’s bank or the recipient. GoldexPay has no connection to Dashin Securities Co. LTD.; we are a comparison site for money transfers. Should you notice something that is out of date, we appreciate a message.

Which of the 2 codes of Dashin Securities Co. LTD. do you need?

We have 2 SWIFT/BIC codes for Dashin Securities Co. LTD., spread over 1 locations. Next to the head office code DASRTWT1XXX, there are codes for regional offices and specialised units.

For the vast majority of payments to a private or business account, the head office code DASRTWT1XXX works fine. A branch code only makes sense when the account holder explicitly asks for it.

Unsure which code applies? Ask the recipient. Codes can change when banks reorganise, so do not rely on old paperwork.

How to check DASRTWT1 before you pay

Have the recipient copy the account details directly from a recent statement. When the code you were given differs from DASRTWT1 or DASRTWT1XXX, stop and ask.

Errors in the BIC tend to be annoying rather than disastrous – usually the money comes back, minus fees and time lost. A mistake in the account number is a bigger problem, because the money may be credited to someone else.

A validity check by your bank only confirms that the code is valid. Where available, a payee name check before sending adds an extra layer of safety. A small test payment can be a sensible step for a large first payment, even if it costs an extra fee.