HSBC Bank (Taiwan) Limited SWIFT/BIC code

What HSBCTWTP means for a payment to HSBC Bank (Taiwan) Limited

HSBCTWTP and HSBCTWTPXXX are two spellings of the same bank identifier, and both point to HSBC Bank (Taiwan) Limited in Taipei. Every bank on the SWIFT network uses BIC codes to route international transfers to the right bank. In practice you mostly come across the code on invoices from abroad, in payment forms and in the bank details of HSBC Bank (Taiwan) Limited customers.

Further down you will find the practical questions: money coming in from abroad, sending money abroad and how to check the code before you confirm a payment. Keep in mind that the SWIFT code just identifies the bank, not the account: the IBAN or account number takes care of that.

Before you send: check the HSBC Bank (Taiwan) Limited code

The safest source for a SWIFT code is the recipient’s own bank details: an invoice, a bank statement or their online banking. Compare it with HSBCTWTP on this page.

With a wrong code, the payment may be delayed, be returned or cost extra, and tracing it can take weeks. Do not forget the IBAN: an error there can be more difficult to undo than a wrong BIC.

Many banking apps check the structure of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. If your bank offers it, a name check before sending adds extra certainty. When you pay someone new, some people send a small test amount before sending the rest.

What to give a sender who pays you at HSBC Bank (Taiwan) Limited

A sender in another country needs several details from you, and missing ones are a common cause of delays. What they need is: your name, account number or IBAN, HSBCTWTPXXX or HSBCTWTP and often your postal address.

The sender’s bank might request the bank address of HSBC Bank (Taiwan) Limited; the head office in Taipei is usually fine. A typo in your account number is harder to fix than you might think, so copy the details from your online banking.

An incoming payment will not always arrive for the full amount. Charges on incoming payments vary per bank. On invoices, it is common to state who bears the costs, so that nobody is left short.

What a transfer from HSBC Bank (Taiwan) Limited abroad really costs

If you transfer money abroad through HSBC Bank (Taiwan) Limited, the visible fee is only part of what you pay. On top of a fixed fee, correspondent or intermediary banks may take a cut, and if the money changes currency the bank often uses a rate that is less favourable than the real market rate.

The markup on the rate is often the biggest item because it is hidden in the rate. A simple test: set the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

For many currency pairs, a specialist provider turns out to be cheaper than a bank. Next time you send money, it is worth to compare the total cost on GoldexPay rather than accepting the bank’s rate by default. You can still keep your account at HSBC Bank (Taiwan) Limited to fund the transfer.

8 or 11 characters: HSBCTWTP versus HSBCTWTPXXX

Each SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, two letters for the country and two characters for the location. In this case, that core is HSBCTWTP.

XXX at the end of HSBCTWTPXXX is not a placeholder or a mistake: it indicates the main office of HSBC Bank (Taiwan) Limited. Some forms ask for 11 characters, in which case you simply enter XXX behind HSBCTWTP.

In practice the code is written in capitals, without spaces or dashes. Copying the code beats typing it by hand: a typo can point to another bank.

Which of the 2 codes of HSBC Bank (Taiwan) Limited do you need?

Our database contains 2 SWIFT/BIC codes for HSBC Bank (Taiwan) Limited. Besides the head office code HSBCTWTPXXX, there are codes for branches, departments or specific services.

Usually you do not need to pick a branch: transfers sent to HSBCTWTPXXX are routed within HSBC Bank (Taiwan) Limited correctly. When you receive a specific code, use it as it is rather than replacing it for the head office code.

Unsure which code to use? Check with the recipient, or look at a recent statement from HSBC Bank (Taiwan) Limited. Codes can change when banks reorganise, so do not rely on old paperwork.

Scams that use SWIFT codes

A common scam works like this: an email arrives with a request claiming that a contact now has new bank details and asking you to pay there from now on. The fact that HSBCTWTP exists does not mean that the account is genuine.

Do not trust contact details in the same message that contains the new account. Watch out for time pressure, unusual wording or a sender address that is slightly off. Already paid? Contact the bank you paid from without delay and have them start a recall; also report it to the police.

Recipients can be targeted as well: one known trick is an overpayment followed by a request to refund the difference to another account. Do not act before the money is actually in your account.

When will the money arrive at HSBC Bank (Taiwan) Limited?

How fast a payment arrives at HSBC Bank (Taiwan) Limited is determined by a few things: which currency you send, the number of banks in between, cut-off times and differences in time zone. Transfers sent late in the day or just before weekends and holidays usually go out the next business day. Sometimes a bank wants to know what the payment is for before releasing it.

When a payment takes longer than expected, ask the sending bank about the status; with that reference banks can see where the payment is. Keep your transfer receipt until the money has arrived; it contains the details a bank needs to start a trace.

If a payment has not arrived after a few business days, the person who paid needs to start with their own bank, not the receiving bank. As a recipient, you can check your account for a slightly lower amount, since fees may have been deducted.

Where our SWIFT data comes from

We gather bank codes using public sources and update them from time to time. Still, banks merge or change codes. The number of codes on this page reflect what is in our directory and not on information from HSBC Bank (Taiwan) Limited itself.

Use our data as a starting point, not as the last word. GoldexPay is an independent comparison service and not part of HSBC Bank (Taiwan) Limited. Found an error? Tell us through the contact page.