SWIFT/BIC codes in Taiwan: banks starting with N

Taiwan: banks and their SWIFT/BIC codes

This directory lists 369 banks and other institutions in Taiwan, with 1889 SWIFT/BIC codes in total. You will need such a code mostly for international transfers.

Every bank has its own page with its main code and if there are any, codes for branches and departments. Below the list we explain how a code from Taiwan is put together, how to send money to Taiwan without overpaying and what to check before you pay.

Paying a bank in Taiwan from abroad

Taiwan is not part of the SEPA area, the European zone for uniform euro payments. Payments from abroad normally go through the SWIFT network – which is why you need the BIC of the recipient’s bank.

Not all countries use the IBAN. The recipient’s bank usually has instructions for incoming international payments, and it is worth following them to the letter. On the way to Taiwan, a transfer may pass through correspondent banks.

Recognising a SWIFT code from Taiwan

Bank identifier codes use one international format: eight characters plus an optional three-character extension. It starts with four letters for the bank, followed by a two-letter country code and a two-character location code.

You can recognise a code from Taiwan by the fifth and sixth characters. A code with other letters in that position belong to another country, even if the bank name looks familiar.

The last three characters, if present, stand for a specific branch; XXX means the head office. Use a branch code only when the recipient’s bank asks for it; otherwise the head office code is the safe choice.

About our data and how to check a code

Ask the recipient to send you the account details straight from their banking app. If the code you have does not match the code listed here, stop and ask – contact the recipient or their bank.

Our SWIFT/BIC directory draws on public sources and is updated regularly. Still, banks merge or retire codes, so information can be out of date. Use this list as a reference: the bank details from the recipient come first. GoldexPay is not a bank.

Scammers regularly send fake invoices carrying new bank details that look completely genuine. Always verify a change of bank details through a separate channel, using a number you already had.

Filter: banks in Taiwan with :letter

This filter limits the list to banks in Taiwan starting with :letter, so you can find a bank faster. The counts in the introduction always cover all banks in Taiwan, not just this letter.

Cannot find the bank? The registered name may start with a different letter, for example the full legal name rather than a brand name. Use the full list for Taiwan when you do not know the exact name.

Incoming international payments in Taiwan

When you are waiting for money from abroad on an account in Taiwan, give the sender a complete set of details. That means: your name as your bank knows it, your IBAN or account number, the SWIFT/BIC code of your bank and sometimes your postal address.

The code of your bank appears in our list. You can add the name and city of your bank as well because some forms have separate fields for it.

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

Tracking a payment to Taiwan

How quickly money arrives in Taiwan is determined by several factors: which currency you send, the number of banks in between, cut-off times and time zones. Public holidays in Taiwan or in the sending country can add a day or more.

If the money seems late, the sender should contact the sending bank for a trace; only the sending side can start an official trace. Specialist transfer services often show tracking online so you can follow the payment.

What a transfer to Taiwan really costs

If you send money to Taiwan with a regular bank, the stated fee is only part of what you pay. There is the transfer fee, sometimes charges from intermediary banks and, above all, the margin on the exchange rate if the money is converted.

The markup on the rate is often the largest cost item, even though it is not listed as a fee. Compare the bank’s rate with the mid-market rate, the midpoint you see on financial news sites.

For many currency pairs, a specialist provider turns out to be cheaper than a traditional bank transfer – mostly thanks to the exchange rate. Before you send money to Taiwan, it is worth to compare what arrives on GoldexPay.

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

Of all banks we list for Taiwan, Hua Nan Commercial Bank, LTD. has the largest number of codes. The head office uses HNBKTWTPXXX – the code most transfers need.

Banks differ in how many codes they register. Making a payment to Hua Nan Commercial Bank, LTD.? Go with HNBKTWTPXXX except when a specific branch code is requested.