SWIFT/BIC codes in Taiwan: banks starting with W

Taiwan: banks and their SWIFT/BIC codes

In Taiwan our database holds 1889 SWIFT/BIC codes, spread over 369 banks. Every code points to an institution or a specific branch or department and tells other banks where an international payment should go.

Select a bank from the list to view the head office code and any branch codes, plus practical notes for sending and receiving money. The sections below explain how the codes work, the cost of transfers and how to avoid mistakes.

Why a transfer to Taiwan needs a SWIFT code

To pay into Taiwan you will almost always need the BIC – Taiwan is not a SEPA country. Without the BIC, your bank will not send the payment.

Not every country uses IBAN numbers – where there is none, the local account number is enough. Ask the recipient which details their bank requires for incoming international payments. International transfers sometimes go via one or more intermediary banks, each of which may deduct a fee.

Filter: banks in Taiwan with :letter

This filter narrows the list down to banks from Taiwan that begin with :letter to make searching quicker. The figures for Taiwan mentioned here cover every bank we list.

Many institutions appear under their legal name, which may start with words like Bank or Banco. Try the full list for Taiwan when you do not know how the name is spelled.

Verifying a SWIFT code from Taiwan

The most reliable place for the correct BIC remains paperwork issued by the bank. If the code you have does not match the code listed here, stop and ask: check with the recipient or the bank.

We gather SWIFT/BIC codes using publicly available data and update them regularly. Still, banks merge or change codes, so information can be out of date. Treat our data as a starting point rather than the last word. GoldexPay is an independent comparison site and is not affiliated with the banks listed.

Be wary of payment requests containing a new account – a common fraud method. Before paying, verify a change of bank details by phone on a number you know.

Transfer times to Taiwan

There is no single delivery time for transfers to Taiwan: some land within a day while others need several business days. Public holidays in either country add a day or more, because banks do not process payments on those days.

If a transfer is late, the sender should contact their own bank and ask for the status or the UETR. Specialist transfer services often show a status in their app.

Hua Nan Commercial Bank, LTD. and its SWIFT codes

Hua Nan Commercial Bank, LTD. leads our list of Taiwan banks when it comes to SWIFT/BIC codes. Its head office code is HNBKTWTPXXX, which is the code to use when no branch is specified.

Banks differ in how many codes they register – 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.

What a sender needs to pay you in Taiwan

Someone abroad who wants to pay you will ask for a few details from you – incomplete details often cause delays. That means: your full name exactly as it appears on the account, your account number or IBAN, the BIC of your bank and usually your address.

The code of your bank is in the list on this page, yet the version on your own statement or in your banking app is leading. Some sending banks may also ask for the name and address of your bank; it does no harm to include it.

What lands in your account can be less than what was sent. Fees for incoming transfers differ per bank – your bank’s price list tells you what applies. Agree with the sender who pays which costs before the money is sent.

The structure of a Taiwan SWIFT/BIC code

A BIC is 8 or 11 characters long and follows a fixed pattern. The first four letters identify the bank, characters five and six are the country code and characters seven and eight give the location.

You can recognise a code from Taiwan by letters five and six: they always show the ISO country code of Taiwan. When those two letters do not match Taiwan, you are looking at a bank somewhere else, so check again.

When a code ends in XXX, it refers to the head office. In most cases the head office code is fine unless the recipient asks for a specific branch.

Bank or transfer service for Taiwan?

What you pay for a payment to Taiwan is made up of several parts – not only the fee you see. There is the transfer fee, sometimes charges from intermediary banks and, above all, the margin on the exchange rate when currencies differ.

That exchange rate margin tends to be the largest part of the cost. A simple test: put the rate you get next to the mid-market rate and work out the difference on your amount.

Money transfer services frequently offer a rate near the mid-market rate. Before your next transfer to Taiwan, take a minute comparing what arrives via GoldexPay.