The Hongkong and Shanghai Banking Corporation LTD. SWIFT/BIC code

SWIFT/BIC code of The Hongkong and Shanghai Banking Corporation LTD.

The short code HSBCTW2P and the 11-character code HSBCTW2PXXX refer to the same bank: The Hongkong and Shanghai Banking Corporation LTD., with its head office in Taipei. A SWIFT code shows the sending bank exactly which bank should receive the money. In practice you mostly see the code on international invoices, in your banking app and in the bank details that The Hongkong and Shanghai Banking Corporation LTD. provides.

This page is meant to help anyone who sends money to an account at The Hongkong and Shanghai Banking Corporation LTD. and wants to get the details right. Remember that the BIC only identifies the bank, not the account: the IBAN or account number does that part.

How up to date is this code?

We collect bank codes from publicly available data and update them regularly. Institutions reorganise, close branches and retire codes. Counts and locations come from our directory and are not confirmed by The Hongkong and Shanghai Banking Corporation LTD..

Treat the information here as a handy check. GoldexPay has no connection to The Hongkong and Shanghai Banking Corporation LTD.. Spotted an error? Let us know through the contact page.

How long does an international transfer to The Hongkong and Shanghai Banking Corporation LTD. take?

There is no fixed delivery time for international payments: some land the same day or the next. Weekends and public holidays in the sending or receiving country can add extra days, since banks do not process on those days. Occasionally a bank wants to know what the payment is for.

If a transfer seems delayed, contact your bank about the status or the UETR. Save your transfer receipt until the recipient confirms – you will need it for any trace request.

The bank that sent the money is able to request a trace or a recall. Request from the sender a copy of the payment confirmation with the date and reference; that often settles the question quickly.

The Hongkong and Shanghai Banking Corporation LTD.: head office code versus branch codes

The Hongkong and Shanghai Banking Corporation LTD. has 2 separate SWIFT/BIC codes across 1 locations. Only one is the head office code; the rest identify branches, and sometimes specific services.

If nobody asks you for a branch code, use HSBCTW2PXXX. A branch code only makes sense if the account holder explicitly mentions it, which is more common for business accounts and trade services.

When in doubt, check with the recipient which code their bank gave them. Codes for branches are more likely to change than HSBCTW2PXXX.

Changed bank details? Be careful

Criminals often send payment requests with changed bank details, sometimes in an email that looks completely genuine. A real SWIFT code says nothing about who owns the account.

Do not trust contact details in the same message that announces the change. Be suspicious of urgent requests, odd spelling or an email address that differs by one letter. If money was sent to the wrong account, call your bank right away – speed improves the chance of getting it back.

Recipients can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to refund the difference abroad. A screenshot of a transfer proves nothing – check your own account.

How to check HSBCTW2P before you pay

The safest source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. When the code you were given does not match HSBCTW2P or HSBCTW2PXXX, stop and ask: check with the recipient or with The Hongkong and Shanghai Banking Corporation LTD. directly.

With a wrong code, the payment might be delayed, bounce back or cost extra – sometimes after weeks of searching. A mistake in the account number can be a bigger problem because it can reach the wrong person, so check that just as carefully.

An automatic check by your bank only confirms that the IBAN is valid – not that it belongs to the person you mean to pay. Some banks now check the name against the account before you confirm – do not ignore a mismatch warning. Sending a small amount first is a sensible step for a large first payment despite the extra fee.

What the XXX in HSBCTW2PXXX means

A BIC is built from a few fixed parts: the first four letters identify the bank, characters five and six show the country and characters seven and eight indicate the location. Together, these eight characters form HSBCTW2P, the code most people search for.

XXX at the end of HSBCTW2PXXX does not stand for a placeholder or a mistake: it stands for the head office of The Hongkong and Shanghai Banking Corporation LTD.. Some banking apps ask for 11 characters, and then you simply add XXX behind HSBCTW2P.

Do not add spaces or dashes when you enter HSBCTW2P; the code is always written in one block. Pasting the code beats retyping it: a typo can point to another bank.

Sending money abroad from The Hongkong and Shanghai Banking Corporation LTD.

What you pay for an international transfer is made up of more than one component. On top of the transfer fee, correspondent or intermediary banks may deduct a fee, and when the money changes currency the bank often applies a rate that is less favourable than the actual market rate.

That exchange rate margin tends to be the largest cost, and it is easy to miss. An easy check: put the rate you get against the mid-market rate for the same moment and look at the difference.

For a lot of routes, a specialist provider is cheaper than a traditional bank transfer – mostly thanks to the rate. On GoldexPay you can compare the amount that arrives across providers, which makes the cheapest option easy to spot. You can still use your account at The Hongkong and Shanghai Banking Corporation LTD. as the source of the money.

Incoming international payments to The Hongkong and Shanghai Banking Corporation LTD.

For a transfer from abroad at The Hongkong and Shanghai Banking Corporation LTD., the person paying you has to have more than the SWIFT code. Give them your name as the bank knows it, your account number or IBAN, the BIC HSBCTW2PXXX and your address.

Some banks want the name and address of The Hongkong and Shanghai Banking Corporation LTD. in Taipei, so keep it at hand. A typo in the IBAN can be more trouble than you might think, so copy the details from your online banking.

The amount you receive can be less than the amount sent. Charges on incoming payments vary per bank – the price list of The Hongkong and Shanghai Banking Corporation LTD. tells you what applies. On invoices, you can agree how the fees are split.