SWIFT/BIC codes in Taiwan: banks starting with P

Taiwan: banks and their SWIFT/BIC codes

Here you will find the SWIFT/BIC codes of 369 banks in Taiwan, 1889 codes in all. A BIC tells the banks handling a transfer which institution is meant to get the money.

Look for the recipient’s bank below and open its page for all codes we have and the details a transfer needs. The rest of this page explain the structure of the codes, the cost of transfers and the checks worth doing before you send money.

Tracking a payment to Taiwan

How fast a payment reaches Taiwan is determined by several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Bank holidays in Taiwan or in the sending country can add a day or more, because banks do not process payments on those days.

When a payment takes longer than expected, ask the sender to contact their own bank; only the sending side can start an official trace. Keep your transfer receipt until the recipient confirms; a bank needs it to start a trace.

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 usually travel through the SWIFT network – which is why you need the BIC of the recipient’s bank.

Not all countries use the IBAN. Ask the recipient which details their bank needs for payments from abroad – many banks give clear instructions for this. On the way to Taiwan, a payment can pass through intermediary banks that take a fee.

How SWIFT codes from Taiwan are built

Bank identifier codes use one international format: 8 characters plus an optional three-character extension. Characters one to four identify the bank, characters five and six form the country code and characters seven and eight give the location.

For banks in Taiwan, letters five and six show the ISO country code of Taiwan. Codes with a different country code come from another country.

The optional last three characters stand for a branch or department; XXX is used for the head office. In most cases the head office code is what you need, unless the recipient gives you a branch code.

Verifying a SWIFT code from Taiwan

Ask the recipient to copy the account details straight from their banking app. A wrong code may lead to a delay, a returned payment or additional charges.

We collect SWIFT/BIC codes using public sources and update them regularly. Even so, banks merge, rename themselves or change codes and our data may lag behind. Use this list as a reference, not as the final word; the recipient’s bank details are leading. GoldexPay is an independent comparison service for money transfers.

Be wary of payment requests containing a new account. A valid BIC tells you nothing about who owns the account – scammers use the codes of real banks.

The largest SWIFT network in Taiwan: Hua Nan Commercial Bank, LTD.

Among the 369 institutions we list, Hua Nan Commercial Bank, LTD. has the most SWIFT/BIC codes in Taiwan. The head office uses HNBKTWTPXXX, which is the code to use when no branch is specified.

Banks differ in whether they register branch codes – a high count is not a measure of size. Unless a branch code is given, the head office code HNBKTWTPXXX works for transfers to this bank.

Banks in Taiwan starting with :letter

This list only shows banks in Taiwan whose name starts with :letter in alphabetical order. The figures for Taiwan mentioned here cover all 369 banks and not only this letter.

Bank not listed? Its official name may begin with another word. The complete list remains one click away when you cannot find the bank here.

Bank or transfer service for Taiwan?

The price of a transfer to Taiwan has several parts, and the fee on your screen is only one of them. Besides a fixed fee, intermediary banks may deduct a charge and, if currencies are converted, the bank usually uses a less favourable rate than the actual market rate.

Most of the cost usually sits in the exchange rate. Compare the bank’s rate against the mid-market rate, the midpoint you see on financial news sites. The difference is your real cost.

Money transfer services frequently offer a rate near the mid-market rate. GoldexPay lists transfer services side by side, showing what actually arrives in Taiwan before you commit.

What a sender needs to pay you in Taiwan

To receive an international payment in Taiwan, the sender needs more than the BIC. That means: your full name as your bank knows it, your account number or IBAN, the SWIFT/BIC code of your bank and sometimes your postal address.

Find the bank in the list on this page and compare the code with your own bank details – your bank statement is the final word. Certain sending banks may also want the name and address of your bank; it does no harm to include it.

What lands in your account is often lower than the amount sent. Fees for incoming transfers vary per bank; check the price list of your bank. For business payments, state how the fees are split to avoid a shortfall.