SWIFT/BIC codes in Taiwan: banks starting with G

Bank SWIFT codes for Taiwan

This directory covers 369 banks and other institutions in Taiwan, with 1889 SWIFT/BIC codes in total. Every code points to an institution or a specific branch or department and tells other banks where an international payment should go.

Every bank is listed with its own page showing the head office code and, where available, branch codes. Further down we explain how codes from Taiwan are built, how to send money there at a fair price and what to check before you pay.

Tracking a payment to Taiwan

How quickly money reaches Taiwan depends on a few things: the currency, the number of banks in between, daily processing deadlines and differences in time zone. Public holidays in either country add a day or more to the journey.

A growing number of banks use SWIFT gpi. Each payment gets a unique transaction reference, the UETR that banks can use to see where the money is. Specialist transfer services usually provide a status online.

SWIFT codes in Taiwan: banks under :letter

This page shows only the banks in Taiwan whose name starts with :letter in alphabetical order. The totals mentioned above always cover the whole country, not just this letter.

Some banks are listed under their legal name rather than the name on their app or website, so the letter can differ from what you expect. The full overview for Taiwan remains one click away when the letter filter does not help.

How reliable is this list?

Have the recipient copy the account details straight from a recent statement. A wrong code can cause a delay, a payment being sent back or extra fees.

Our SWIFT/BIC directory is compiled from publicly available sources that we update periodically. Institutions merge, change names and change codes, and no directory catches every change immediately. Before a payment that matters, confirm the BIC with the recipient’s bank. GoldexPay is an independent comparison site and is not affiliated with the banks listed.

Watch out for invoices containing a new account – a common fraud method. A real SWIFT code tells you nothing about who owns the account: criminals use real codes too.

Receiving money in Taiwan from abroad

For an international payment into a Taiwan account, the sender has to have not just the BIC. Share your name as registered with the bank, the IBAN or account number, your bank’s SWIFT code and your address, which some banks require.

Your bank’s code appears in the list on this page. Some banks may also ask for the name and address of your bank; it does no harm to include it.

The amount you receive can be less than the amount sent. Charges on incoming payments differ per bank. On invoices, agree how the fees are split, so nobody is left short.

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

Hua Nan Commercial Bank, LTD. tops our list for Taiwan when it comes to SWIFT/BIC codes. The head office uses HNBKTWTPXXX, which is the code to use when no branch is specified.

Practice differs in how many codes they register. If not the recipient asks for a branch, the head office code HNBKTWTPXXX works for transfers to this bank.

Why a transfer to Taiwan needs a SWIFT code

Since Taiwan is outside SEPA, a transfer from abroad normally goes through SWIFT. This means you always need the SWIFT/BIC code of the receiving bank in addition to the account details.

Depending on the country, the account is identified by a local account number instead of an IBAN, sometimes with an extra bank or branch code. The recipient’s bank usually has instructions for payments from abroad, and it is worth following them to the letter. International transfers sometimes go via one or more intermediary banks and fees can be taken along the way.

What the letters in a Taiwan BIC mean

Each SWIFT/BIC code has 8 or 11 characters. First comes a four-letter bank code, then two letters for the country and two characters for the location.

You can spot a bank code from Taiwan from the fifth and sixth characters – those always form the country code of Taiwan. Codes with a different country code come from another country – a quick way to catch mistakes.

The last three characters, if present, identify a specific branch; XXX is used for the head office. For most transfers the head office code is what you need.

Sending money to Taiwan for less

When you send money to Taiwan with your bank, the fee you see is only part of what you pay. On top of a fixed fee, intermediary banks may deduct a charge, and when the money is converted the bank often uses a rate below the actual market rate.

Most of the cost usually sits in the exchange rate – the bank builds a margin into its rate. An easy check: set the rate you get against the mid-market rate and work out the difference on your amount.

For a lot of routes, a specialist provider turns out to be less expensive than a bank, mainly because of the rate. GoldexPay compares the amount that arrives in Taiwan across services.