SWIFT/BIC codes in Taiwan: banks starting with I

Finding a SWIFT code in Taiwan

Our directory covers 369 banks and other institutions in Taiwan, with 1889 SWIFT/BIC codes in total. You need such a code mainly when making payments across borders.

Search for the bank you need in the list and click through to see the full list of codes and what else a transfer requires. The sections below explain how the codes work, what transfers cost and the checks worth doing before you send money.

What a sender needs to pay you in Taiwan

A sender in another country needs a few details about your account, and missing ones are a common cause of delays. In practice that means: your full name exactly as it appears on the account, your IBAN or account number, the BIC of your bank and, often, your address.

The code of your bank appears in our list. You can include your bank’s name and city.

The amount you receive can be lower than the amount sent. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, a markup on the rate comes on top. For business payments, agree how the fees are split to avoid a shortfall.

Recognising a SWIFT code from Taiwan

A BIC is either 8 or 11 characters long and follows a fixed pattern. First comes four letters for the bank, then a two-letter country code and a two-character location code.

Whatever the bank, all Taiwan codes have the same country code in positions five and six, namely the ISO code of Taiwan. When those two letters point to another country, you are looking at a bank somewhere else, so check again.

If the last three are XXX, it means the main office. For most transfers the head office code is fine unless the recipient asks for a specific branch.

Tracking a payment to Taiwan

There is no fixed delivery time for transfers to Taiwan: some arrive the same day or the next while others need several business days. Public holidays in Taiwan or in the sending country add extra days to the journey.

If a transfer seems delayed, the sender should contact the sending bank for a trace. Specialist transfer services often provide a status in their app.

International payments to Taiwan and the BIC

Taiwan is outside the SEPA area, the European zone for uniform euro payments. International transfers to Taiwan usually go through the SWIFT network – which is why you need the BIC of the recipient’s bank.

Not all countries use the IBAN – where there is none, the local account number is enough. Check with the recipient exactly which details their bank requires for incoming international payments; banks often publish instructions for this. On the way to Taiwan, a payment may pass through correspondent banks.

SWIFT codes in Taiwan: banks under :letter

This page only shows banks in Taiwan whose name starts with :letter. The figures for Taiwan mentioned here apply to every bank we list and not only this letter.

If the bank you need does not appear here, try another letter. Use the full list for Taiwan when you are not sure how the name is spelled.

Check the code before you pay

The safest source for the BIC is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. When the code you were given differs from our list, do not guess – contact the recipient or their bank.

We collect SWIFT/BIC codes using public sources and update them regularly. Even so, banks merge or change codes. Before any payment of any size, check the BIC with the recipient. GoldexPay is an independent comparison site and has no link to the banks in this list.

Be wary of payment requests with changed bank details, especially when they come by email. A valid BIC tells you nothing about who owns the account: criminals use real codes too.

Sending money to Taiwan for less

What you pay for a payment to Taiwan has more than one component, and the fee on your screen is only one of them. 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 real market rate.

The real cost is often in the rate. Check the rate you are offered with the mid-market rate, the midpoint you see on financial news sites; the gap is what conversion costs you.

Specialised transfer providers frequently use a rate near the mid-market rate and lower fees. GoldexPay compares these providers next to each other, showing what actually arrives in Taiwan before you commit.

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

Of all banks we list for Taiwan, Hua Nan Commercial Bank, LTD. has the most SWIFT codes. Its main office has HNBKTWTPXXX; that is usually the right code for a transfer.

How many codes a bank has says something about how it registers branches and services than about how big it is. If not the recipient asks for a branch, the head office code HNBKTWTPXXX works for a payment to Hua Nan Commercial Bank, LTD..