Taishin International Bank SWIFT/BIC code

Taishin International Bank SWIFT code: TSIBTWTP

TSIBTWTP and TSIBTWTPXXX are the short and the long form of the same bank identifier, and both point to Taishin International Bank in Taipei. Banks worldwide use BIC codes to route international transfers to the right bank. You will need it mostly when dealing with transfers between countries and payments in foreign currencies.

On this page you will find how the code means, when you need it and what else you need for a transfer to or from Taishin International Bank. The BIC identifies an institution, not a specific account, which is why you always need the account number too.

Where our SWIFT data comes from

We gather SWIFT/BIC codes using public sources and update our list from time to time. Still, banks merge, rename themselves or retire codes, so information can be out of date. Counts and locations come from our directory and are not confirmed by Taishin International Bank.

Treat this page as a reference, rather than as the final word. We are an independent comparison service for money transfers and not part of Taishin International Bank. Spotted outdated information? Let us know via our contact form so we can correct it.

How long does an international transfer to Taishin International Bank take?

There is no fixed delivery time for every transfer: some land within a day. Bank holidays in the sending or receiving country can add extra days. Sometimes a bank wants to know about the purpose of a payment, which can hold things up.

Many banks are connected to SWIFT gpi for faster and traceable payments. Each payment gets a unique transaction reference, the UETR that banks can use to trace it. Money transfer services usually provide a status in their app so you can see where the payment is.

The bank that sent the money is able to start an official trace or a recall; the receiving side usually has nothing to trace yet. Ask the sender for the payment receipt including the reference – it helps your own bank look for the money.

What a transfer from Taishin International Bank abroad really costs

If you transfer money to another country via Taishin International Bank, the fee you see is only part of the cost. There is the transfer fee, possibly charges from correspondent banks along the way and, above all, the margin on the exchange rate.

That exchange rate margin is often the largest item because it is hidden in the rate. An easy check: set the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

For a lot of currency pairs, a specialist provider turns out to be less expensive than a bank. On GoldexPay we compare the amount that arrives across providers, so you can pick the cheapest route. Choosing a specialist does not mean closing your account at Taishin International Bank: you simply pay the service from your account.

Why Taishin International Bank has an 8- and an 11-character code

The structure of every SWIFT code never changes: a bank code of four letters, a two-letter country code and a two-character location code, plus an optional branch code. In this case, that core is TSIBTWTP.

XXX at the end of TSIBTWTPXXX does not stand for a missing value or a mistake: it indicates the main office of Taishin International Bank. Some forms insist on 11 characters, in which case you simply enter XXX after TSIBTWTP.

Do not add spaces, dots when you type TSIBTWTP. Copying the code beats typing it by hand.

Changed bank details? Be careful

One of the most common tricks works like this: an email arrives with a message saying that a supplier now has a new bank account and that the next payment should go there. The fact that TSIBTWTP exists is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Always verify a change of bank details through a phone call. Pressure or requests to keep it quiet are warning signs – a real supplier can wait a day. If a payment has already gone to the wrong account, contact your bank immediately – speed improves the chance of getting it back.

Fraud also work the other way. Someone sends more than agreed and wants you to return the difference via a different route. Do not act before the money is actually in your account and check with Taishin International Bank if anything seems off.

Taishin International Bank: head office code versus branch codes

Our directory lists 12 SWIFT/BIC codes for Taishin International Bank, spread over 5 cities. Next to the head office code TSIBTWTPXXX, there are codes for regional offices and specialised units.

Unless the recipient tells you otherwise, use TSIBTWTPXXX. Branch codes are only needed if the recipient’s bank explicitly asks for it, which is more common for business accounts and specialised services.

The safest approach is to take the code straight from the recipient’s invoice. Branch codes are more likely to be retired than the head office code when a bank merges or closes offices.

Getting paid from abroad into a Taishin International Bank account

Someone abroad who wants to pay you needs a few details from you. Give them your name as the bank knows it, your account number or IBAN, the BIC TSIBTWTPXXX and your address.

Certain sending banks also ask for the address of Taishin International Bank in Taipei. Check every detail before you share them, because the sender’s bank usually copies them as is.

Expect that the incoming amount is below what the sender paid. Intermediary banks may deduct a fee, Taishin International Bank may charge for incoming payments, and if the money is converted, an exchange rate margin comes on top. On invoices, it is common to agree who bears the costs, so that nobody is left short.

How to check TSIBTWTP before you pay

Have the recipient copy the account details directly from their online banking. When the code you were given does not match TSIBTWTP or TSIBTWTPXXX, stop and ask: check with the recipient or with Taishin International Bank directly.

Errors in the SWIFT code are costly rather than fatal. A mistake in the IBAN or account number is more serious.

Many banking apps check the structure of an IBAN and some suggest the matching BIC. If your bank offers it, a name check before sending gives extra certainty. A small test payment can be worth it for a large first payment.