Taipei Star Bank SWIFT/BIC code

SWIFT/BIC code of Taipei Star Bank

The short code BOTPTWTP and the full code BOTPTWTPXXX refer to one and the same institution: Taipei Star Bank, with its head office in Taipei. Banks worldwide use these codes to direct payments between countries to the correct bank. It comes up mostly when dealing with transfers between countries or a currency.

We wrote this page to help people who receives money at an account at Taipei Star Bank. Keep in mind that the BIC just identifies the bank, not the person: the IBAN or account number takes care of that.

Watch out for payment fraud

Be wary if a contact unexpectedly asks you to pay into a different account abroad. The fact that BOTPTWTP exists does not mean that the account is legitimate; criminals use the codes of real banks too.

Do not rely on a phone number from the same email that announces the new account. Urgency and requests to keep it quiet are red flags. Acted too fast? Call your bank without delay and have them start a recall; also report it to the police.

Scams can also target the receiver: someone sends more than agreed and wants you to return the difference to a new account. A screenshot of a transfer is no proof; only your own account shows what has arrived.

Getting paid from abroad into a Taipei Star Bank account

A sender in another country will ask for several details about your account – incomplete details often cause delays. Share the account holder’s name, your account number or IBAN, SWIFT code BOTPTWTPXXX and your address.

The sender’s bank may also ask for the address of your bank. Check every detail before you share them, because the sender’s bank usually copies them as is.

The amount you receive is often less than the amount sent. Fees for incoming transfers differ from bank to bank – the price list of Taipei Star Bank tells you what applies. On invoices, it is common to state how the fees are split to avoid a shortfall.

Which of the 3 codes of Taipei Star Bank do you need?

With 3 codes in 1 cities, Taipei Star Bank is one of the banks that use individual codes for branches. The head office code is BOTPTWTPXXX.

For most payments to a private or business account, the head office code BOTPTWTPXXX works fine. Only use a branch code when the account holder explicitly asks for it, for example on an invoice or in their bank details.

Unsure which code to use? Check with the recipient, or look at a recent statement from Taipei Star Bank. Branch codes are more prone to be retired than BOTPTWTPXXX.

Verifying the SWIFT code of Taipei Star Bank

Have the recipient send you their bank details straight from their banking app. Compare that code against BOTPTWTP here; if they differ, ask before you pay.

Mistakes in the SWIFT code are costly rather than fatal. A mistake in the IBAN or account number is more serious, because the money may be credited to someone else.

An automatic check by your bank merely confirms that the IBAN exists – not that it belongs to the person you mean to pay. More and more banks check the payee name against the account before you confirm; take any warning seriously. When you pay someone new, some people send a small test amount.

BOTPTWTP or BOTPTWTPXXX – which one to use?

Every SWIFT/BIC code has an 8-character core: four letters for the bank, two letters for the country and two characters for the location. The result is BOTPTWTP, the short form of the code.

XXX at the end of BOTPTWTPXXX is not a missing value or an error: it stands for the main office of Taipei Star Bank. Certain payment forms insist on 11 characters, and then you simply add XXX after BOTPTWTP.

In practice the code is written in capitals, without spaces or dashes. Look out for the letter O and the digit 0 or I versus 1, a common source of typos.

Transfer times and tracking a payment to Taipei Star Bank

How quickly a transfer arrives at Taipei Star Bank is determined by several factors: the currency, how many intermediary banks are involved, cut-off times and time zones. Weekends and public holidays in the sending or receiving country can add extra days. Occasionally a bank asks about the purpose of a payment.

Many banks are connected to SWIFT gpi. Each payment gets a unique reference, the UETR. Keep your transfer receipt – you will need it for any trace request.

If a payment has not arrived within the expected time, the sender should start with the bank that sent it. As a recipient, you can look at your statements to see a slightly lower amount.

A note on our data

We collect SWIFT/BIC codes using publicly available data and update our list regularly. It is possible that a code on this page is no longer current. The number of codes on this page are based on our own data and not on information from Taipei Star Bank itself.

Before any payment that matters, always check the BIC with Taipei Star Bank or with the recipient. We are an independent comparison service and not affiliated with Taipei Star Bank. Should you notice something that is out of date, we welcome a short note.

International transfers from Taipei Star Bank: the real cost

What you pay for an international transfer has more than one component – not just the fee on your screen. Besides a fixed fee, correspondent or intermediary banks can take a cut, and if currencies are converted, the bank often uses a rate below the real market rate.

That exchange rate margin tends to be the largest cost, and it is easy to miss. Compare their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

For a lot of routes, a specialist provider is cheaper than a bank. On GoldexPay we compare the amount that arrives across services. Choosing a specialist does not require leaving Taipei Star Bank.