SWIFT/BIC codes in Taiwan: banks starting with E

SWIFT/BIC codes in Taiwan

In Taiwan we have 1889 SWIFT/BIC codes from 369 financial institutions. You will need such a code mostly for payments across borders.

Search for the bank you need in the list and click through for the full list of codes and the details a transfer needs. Further down you can read how codes from Taiwan are built, how to send money there without overpaying and what to check before you pay.

Banks in Taiwan beginning with the letter :letter

Here you see a filtered list: only institutions in Taiwan with a name starting with :letter. The totals mentioned here apply to all 369 banks.

Cannot find the bank? The registered name might start with a different letter. Try the full list for Taiwan when you are not sure how the name is spelled.

Check the code before you pay

The best place to find the correct BIC is a document from the bank itself. An incorrect BIC may lead to delays, a payment being sent back or additional charges.

Our SWIFT/BIC directory is based on public sources. Still, banks merge, rename themselves or change codes, so information can be out of date. Use our data as a starting point rather than the last word: the bank details from the recipient come first. GoldexPay is not a bank and is not affiliated with the banks listed.

Watch out for payment requests with a new account – a common fraud method. Always verify a change of bank details through a separate channel, using a number you already had.

Sending money to Taiwan for less

The price of a payment to Taiwan has several parts. Besides the fee, correspondent banks can deduct a charge, and when the money is converted the bank often uses a rate below the actual market rate.

The markup on the rate tends to be the biggest cost item, even though it is not listed as a fee. An easy check: set the offered rate against the mid-market rate and look at the difference.

Money transfer services frequently offer a rate near the mid-market rate. Before you send money to Taiwan, it is worth to compare the total cost on GoldexPay rather than accepting the first rate you see.

Most SWIFT codes in Taiwan: Hua Nan Commercial Bank, LTD.

Among the 369 institutions we list, Hua Nan Commercial Bank, LTD. holds the largest number of SWIFT/BIC codes in Taiwan. The head office of Hua Nan Commercial Bank, LTD. has HNBKTWTPXXX.

The number of codes says more about how it registers branches and services than about how big it is. Unless a branch code is given, HNBKTWTPXXX is fine for transfers to this bank.

SWIFT transfers to Taiwan

Because Taiwan is outside SEPA, an international payment is usually sent through SWIFT. This means the payment always needs the BIC of the receiving bank.

Not all countries use the IBAN; in that case the local account number is used instead. Ask the recipient which details their bank needs for payments from abroad. International transfers can pass through correspondent banks.

The structure of a Taiwan SWIFT/BIC code

A BIC is 8 or 11 characters long and follows a fixed pattern. Characters one to four stand for the bank, the fifth and sixth characters 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, which makes these codes easy to recognise. A code with a different country code come from a bank abroad.

If the last three are XXX, it means the main office, and the 8-character version leads to the same place. Use a branch code only if the recipient’s bank asks for it.

Tracking a payment to Taiwan

A SWIFT payment to Taiwan typically takes anywhere from one to several business days. Public holidays in either country can add a day or more.

When a payment takes longer than expected, the sender should contact the sending bank and ask for the status or the UETR. Keep your transfer receipt until the recipient confirms; a bank needs it to start a trace.

Incoming international payments in Taiwan

A sender in another country needs a few details from you. Give them the account holder’s name, the IBAN or account number, your bank’s SWIFT code and your address, which some banks require.

Find your bank in the list on this page to check its code, but take the code from your own bank details when in doubt. Certain sending banks also ask for your bank’s address.

The amount you receive can be lower than what was sent. Charges on incoming payments differ per bank; check the price list of your bank. For business payments, agree who bears the costs to avoid a shortfall.