Taiwan International Securities Corp SWIFT/BIC code

TAIETWT1 – the SWIFT/BIC code of Taiwan International Securities Corp

TAIETWT1 and TAIETWT1XXX are two spellings of the same bank identifier, and both point to Taiwan International Securities Corp in Taipei. Banks worldwide use BIC codes to direct payments between countries to the right bank. You will need it mostly when dealing with transfers between countries or a currency.

On this page we explain what the code is put together, when it matters and what else a transfer to or from Taiwan International Securities Corp requires. The SWIFT code alone cannot identify a personal account; that is what the IBAN or account number is for.

Watch out for payment fraud

A common scam goes like this: an email arrives with a request claiming that a company has a new bank account and asking you to pay there from now on. A valid SWIFT code says nothing about whether the request is genuine.

Do not trust a phone number in the same message that contains the change. Pressure or requests to keep it quiet are warning signs. Already paid? Call your bank without delay and ask them to start a recall.

People receiving money can be targeted as well: one known trick is a buyer who pays too much and then sends a request to send back the difference to another account. A screenshot of a transfer proves nothing – check your own account.

Where our SWIFT data comes from

We collect SWIFT/BIC codes using public sources and update our list regularly. Institutions reorganise, change names and retire codes – a directory can be a step behind. The number of codes on this page reflect what is in our directory and not on information from Taiwan International Securities Corp itself.

Treat our directory on this page as a helpful check. We are a comparison site for money transfers and not affiliated with Taiwan International Securities Corp. If you notice something that is out of date, we welcome a short note.

Head office or branch code at Taiwan International Securities Corp?

With 2 codes in 1 locations, Taiwan International Securities Corp is one of the banks that register individual codes for branches and departments. The head office code remains TAIETWT1XXX.

For the vast majority of payments to a private or business account, the head office code TAIETWT1XXX is what you need. Branch codes are only needed if the recipient’s bank explicitly mentions it.

Not sure which code to use? Ask the recipient. Codes for branches are more prone to change than the head office code.

Verifying the SWIFT code of Taiwan International Securities Corp

Ask the recipient to copy the account details straight from their online banking. When the code you were given does not match TAIETWT1 or TAIETWT1XXX, stop and ask – contact the recipient or Taiwan International Securities Corp.

An incorrect BIC can cause delays, a returned payment or additional charges. Do not forget the account number: an error there can be harder to undo than a wrong BIC.

Many banking apps check the format of an IBAN and some suggest the matching BIC – that confirms the format, not the owner. More and more banks check the payee name with the account before you confirm; take any warning seriously. Sending a small amount first is a sensible step for a large first payment.

Incoming international payments to Taiwan International Securities Corp

Someone abroad who wants to pay you needs a few details from you – incomplete details often cause delays. That means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code TAIETWT1XXX (or TAIETWT1) and, often, your address.

Certain banks want the bank’s address in Taipei, so keep it at hand. Double-check each detail before you share them, because the sender’s bank usually copies them as is.

Do not be surprised if the incoming amount is smaller than the amount on the sender’s receipt. Fees for incoming transfers vary per bank; check the price list of Taiwan International Securities Corp. Agree with the sender who covers the fees before the money is sent.

Tracking a transfer to or from Taiwan International Securities Corp

An international transfer typically takes one to a few business days. Transfers sent after the cut-off time or on a weekend or public holiday often go out a business day later. Extra checks on larger or unusual payments can also add some delay, even when all details are correct.

If a transfer is late, contact your bank for the tracking status and the transaction reference. Money transfer services often show a status online so you can see where the payment has got.

A delayed transfer is traced by the sending bank. On the receiving end, you can check your statements for a partial amount, since fees may have been deducted.

Sending money abroad from Taiwan International Securities Corp

The price of an international transfer has more than one component – not just the fee on your screen. On top of a fixed fee, banks in between can deduct a fee, and when the money changes currency, the bank often applies a rate that is less favourable than the actual market rate.

Many banks rarely list their exchange rate markup as a cost – you only notice it if you compare. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites.

For a lot of currency pairs, a transfer service turns out to be less expensive than a bank. GoldexPay compares what recipients receive across providers, which makes the cheapest option easy to spot. Choosing a specialist does not mean closing your account at Taiwan International Securities Corp: you simply pay the service from your account.

TAIETWT1 or TAIETWT1XXX – which one to use?

The structure of a BIC is always the same: a bank code of four letters, a two-letter country code and two for the location, plus an optional branch code. In this case, that core is TAIETWT1.

The long version adds three more characters for a branch or department. If the last three are XXX, the code points to the head office.

Do not add spaces, dots when you type TAIETWT1. Look out for O versus 0 or I versus 1, a common source of typos.