Dbs Bank (Taiwan) LTD SWIFT/BIC code

Dbs Bank (Taiwan) LTD SWIFT code: DBSSTWTP

DBSSTWTP and DBSSTWTPXXX are two spellings of the same bank identifier, and both point to Dbs Bank (Taiwan) LTD in Taipei. A SWIFT code tells every bank in the chain exactly which bank is meant to get the money. It comes up mainly when dealing with transfers between countries.

On this page we explain how the code means, when you need it and what else a transfer to or from Dbs Bank (Taiwan) LTD requires. The BIC identifies an institution, not a single account; the IBAN or account number does that.

What the XXX in DBSSTWTPXXX means

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, two letters for the country and a two-character location code. The result is DBSSTWTP, the short form of the code.

The 11-character version adds a three-character extension that identify a branch or department. If the last three are XXX, they simply mean the head office.

Type the code in one piece, in capitals and without separators, exactly as shown here. Copying the code is safer than typing it by hand, because one wrong letter changes the bank.

Is DBSSTWTP still correct? How to check

The most reliable source for a SWIFT code is the recipient’s own bank details: an invoice, a bank statement or their online banking. Check that code with DBSSTWTP on this page and ask if anything does not match.

With a wrong code, the payment might be delayed, bounce back or end up costing more – sometimes after weeks of searching. Do not forget the account number: an error there can be harder to correct than a wrong BIC.

A validity check in your banking app merely tells you that the IBAN is valid. If your bank offers it, a name check before sending gives extra certainty. For a first payment, many people start with a small amount first before sending the rest.

A note on our data

The codes here are taken from publicly available data that we update regularly. It can happen that a code here is out of date. The number of codes we show are based on our own data and not on information from Dbs Bank (Taiwan) LTD itself.

Use this page as a reference, not as the final word: the recipient’s bank details come first. We are a comparison site for money transfers and not part of Dbs Bank (Taiwan) LTD. Should you notice a mistake, we appreciate a message.

Incoming international payments to Dbs Bank (Taiwan) LTD

If you expect money from abroad, send the payer a complete set of details. That means: your name as registered with Dbs Bank (Taiwan) LTD, your IBAN or account number, the SWIFT/BIC code DBSSTWTPXXX (or DBSSTWTP) and usually your address.

You can add the bank name and Taipei as well, since some forms ask for it. Check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

The amount you receive is often less than what was sent. Fees for incoming transfers differ from bank to bank; check the price list of Dbs Bank (Taiwan) LTD. For business payments, you can state who bears the costs to avoid a shortfall.

Choosing between the 2 SWIFT codes of Dbs Bank (Taiwan) LTD

With 2 codes, Dbs Bank (Taiwan) LTD belongs to the banks that use individual codes for branches and departments. The head office code is DBSSTWTPXXX.

For the vast majority of payments to a private or business account, the head office code DBSSTWTPXXX works fine. When you receive a specific code, stick to it instead of swapping it for the head office code.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Branch codes can change over time, so a code from an old document is not always valid.

Changed bank details? Be careful

Criminals often send payment requests with new bank details, sometimes in an email that looks completely genuine. A correct SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Verify new bank details via a different channel, such as a phone number you already know, not by replying to the message. Watch out for time pressure, odd spelling or an email address that differs by one letter. Acted too fast? Call your bank straight away and have them try to recall the payment; also report it to the police.

Recipients can be targeted as well: one known trick is a buyer who pays too much followed by a request to refund the difference to another account. A screenshot of a transfer proves nothing.

What a transfer from Dbs Bank (Taiwan) LTD abroad really costs

A bank transfer abroad costs rather more than the fee suggests. You pay the transfer fee, possibly fees charged by intermediary banks along the way and, above all, the exchange rate markup.

Most of the cost usually sits in the exchange rate, rather than in the fee: the bank converts at a rate that includes a margin. A simple test: put the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services often use a rate near the mid-market rate. GoldexPay compares what recipients receive across services, which makes the cheapest option easy to spot. Choosing a specialist does not mean leaving Dbs Bank (Taiwan) LTD: you simply pay the service from your account.

Tracking a transfer to or from Dbs Bank (Taiwan) LTD

There is no fixed answer for international payments: many land within a day. Bank holidays in the sending or receiving country can add a day or more to the journey. Compliance checks on larger or unusual payments may also add some delay.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every payment gets a unique reference, the UETR that banks can use to trace it. Specialist transfer services often show tracking online showing where the payment has got.

If a payment has not arrived after a few business days, the sender should contact their own bank, not the receiving bank. On the receiving end, it helps to check your statements to see a partial amount, since fees may have been deducted.