BKTWTWTP023 — BANK OF TAIWAN
BKTWTWTP023 is the SWIFT/BIC code for BANK OF TAIWAN in TAITUNG, Taiwan — an 11-character branch code under ISO 9362.
BKTWTWTP023 is the SWIFT/BIC code for BANK OF TAIWAN in TAITUNG, Taiwan. It is an 11-character branch identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
Head-office code: BKTWTWTP
| Field | Value |
|---|---|
| Institution | BANK OF TAIWAN |
| Country | Taiwan (TW) |
| Location Code | TP |
| Branch | TAITUNG BRANCH |
| Type | 11-character branch code (BIC11) |
⚠️ Critical Money Transfer Warning (YMYL)
Verify the BIC with your beneficiary bank: Database records are informational only. swiftbic.org is not affiliated with SWIFT. Always verify the SWIFT/BIC code and name of the beneficiary with the receiving bank or official registration records before initiating any international wire transfer.
Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.
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Frequently asked questions
What bank does the SWIFT code BKTWTWTP023 belong to?
The SWIFT code BKTWTWTP023 identifies BANK OF TAIWAN in TAITUNG, Taiwan. This branch code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code BKTWTWTP023 mean?
The 8 or 11 characters of BKTWTWTP023 are parsed as follows: characters 1-4 (BKTW) represent the bank code for BANK OF TAIWAN; characters 5-6 (TW) indicate the country code for Taiwan; characters 7-8 (TP) specify the location code; and the final characters (023) designate the specific branch.
Is the BIC code BKTWTWTP023 active on the SWIFT network?
Yes, the Business Identifier Code (BIC) BKTWTWTP023 is registered under ISO 9362 and is active for routing interbank messages. Location characters 'TP' designate it as a primary active participant.
Can I use the head office code BKTWTWTP instead of BKTWTWTP023?
Yes. The 8-character code BKTWTWTP represents the primary headquarters of BANK OF TAIWAN. The 11-character code BKTWTWTP023 targets the specific branch directly. If the branch code is unknown, sending payments to BKTWTWTP (or BKTWTWTPXXX) will route them to the main head office.
What is the physical address of the bank registered to BKTWTWTP023?
The physical address registered for BKTWTWTP023 is: 373 ZHONGHUA RD. SEC. 1, 950, TAITUNG, Taiwan. Verify this address matches your recipient's branch details before initiating a transaction.
Sources & References
- 🌐 ISO 9362: The official standard defining the Business Identifier Code (BIC) format guidelines.
- 🏢 SWIFT Registration Authority: The organization designated by ISO to register and publish BICs (swift.com).