Mega International Commercial Bank Co., LTD. SWIFT/BIC code

Mega International Commercial Bank Co., LTD. SWIFT code: ICBCTWTP

If an invoice shows ICBCTWTP or ICBCTWTPXXX, you are looking at the same identifier for Mega International Commercial Bank Co., LTD. in Taiwan. The code has a single purpose: it makes sure that a cross-border transfer reaches the right bank. In daily life you mostly see the code on international invoices, in payment forms and in the bank details of Mega International Commercial Bank Co., LTD. customers.

We wrote this page to help people who sends money to an account at Mega International Commercial Bank Co., LTD. and wants to get the details right. The SWIFT code on its own cannot identify a personal account; for that you need the account number or IBAN .

Is ICBCTWTP still correct? How to check

Have the recipient copy their account details straight from their online banking. Compare that code against ICBCTWTP on this page; if they differ, ask before you pay.

Mistakes in the SWIFT code tend to be annoying rather than fatal. A mistake in the account number is more serious.

Many banking apps validate the format of an IBAN and sometimes look up the BIC automatically – that confirms the format, not the owner. Some banks now check the payee name against the account before you confirm; take any warning seriously. For a first payment, some people start with a small amount first before sending the rest.

Which of the 110 codes of Mega International Commercial Bank Co., LTD. do you need?

Mega International Commercial Bank Co., LTD. uses 110 different SWIFT/BIC codes. One of them is the head office code, ICBCTWTPXXX; the rest belong to branches or departments.

Unless the recipient tells you otherwise, use ICBCTWTPXXX or its short form ICBCTWTP. Just use a branch code when your contact gives you that exact code, for example on an invoice or in their bank details.

Not sure which code applies? Ask the recipient. Codes for branches are more likely to change than ICBCTWTPXXX.

Watch out for payment fraud

Stay wary if a contact suddenly wants you to pay into another account or a bank in another country. That ICBCTWTP is a real code does not mean that the account is genuine – fraudsters use real bank codes as well.

Check new payment details via a different channel like a call to a number from an earlier contract. Watch out for time pressure, unusual wording or a sender address that is slightly off. When money was sent to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Scams can also target the receiver. Someone claims to have sent more than agreed and wants you to return the extra. Wait until the money has really arrived.

About this information

We collect SWIFT/BIC codes from public sources and check our list regularly. Institutions reorganise, change names and change codes. The figures we show reflect our own data and not on information from Mega International Commercial Bank Co., LTD. itself.

See our directory here as a helpful check and rely on the recipient or Mega International Commercial Bank Co., LTD. for the final confirmation. GoldexPay is independent of Mega International Commercial Bank Co., LTD.; we are a comparison site for money transfers. Found an error? Tell us via our contact form.

What a transfer from Mega International Commercial Bank Co., LTD. abroad really costs

A bank transfer abroad can cost rather more than the fee suggests. There is the transfer fee, possibly charges from correspondent banks in between and, most importantly, the margin on the exchange rate if the currency changes.

The markup on the rate is often the biggest cost even though it is not listed as a fee. An easy check: put the bank’s rate next to the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services frequently use a rate near the mid-market rate and lower fees. Before your next transfer, take a minute to compare what arrives on GoldexPay. You can still keep your account at Mega International Commercial Bank Co., LTD. as the source of the money; only the conversion and sending happen elsewhere.

What the XXX in ICBCTWTPXXX means

The layout of every SWIFT code never changes: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. That gives you ICBCTWTP, the short form of the code.

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

As a rule the code is written in capitals, without spaces or dashes. Look out for O versus 0 and the letter I and the digit 1.

Receiving money from abroad at Mega International Commercial Bank Co., LTD.

A sender in another country needs several details about your account – incomplete details often cause delays. What they need is: the account holder’s name, IBAN or account number, ICBCTWTPXXX or ICBCTWTP and in many cases your postal address.

You can add Mega International Commercial Bank Co., LTD. and its city too. A typo in your account number is more trouble than it looks; copy them from your banking app rather than typing.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Fees for incoming transfers vary per bank; check the price list of Mega International Commercial Bank Co., LTD.. Agree with the sender who covers the fees, especially for larger amounts.

Transfer times and tracking a payment to Mega International Commercial Bank Co., LTD.

How fast a transfer reaches Mega International Commercial Bank Co., LTD. depends on a few things: which currency you send, how many intermediary banks are involved, daily processing deadlines and time zones. Payments made late in the day or on a weekend or public holiday usually start the next business day. Extra checks on larger or unusual payments can also add a delay, even when all details are correct.

Many banks are connected to SWIFT gpi. Each gpi transfer carries a unique reference, the UETR that banks can use to trace it. Keep the payment confirmation until the money has arrived.

A delayed transfer has to be investigated from the sending side on the basis of the transfer details. Ask the sender for the payment receipt – it helps your own bank look for the money.