In today's globalized economy, international money transfers have become increasingly common. One critical piece of information required for seamless cross-border transactions is the SWIFT/BIC code of the recipient's bank.
The Importance of SWIFT/BIC Codes
When transferring funds to Taiwan Cooperative Bank, knowing its SWIFT/BIC code is essential to avoid delays. This standardized identifier ensures your money reaches the intended destination quickly and accurately.
Taiwan Cooperative Bank Ltd, a well-established financial institution headquartered in Taipei, serves both individual and corporate clients. Its complete SWIFT/BIC code is TACBTWTP002 , where "TACBTWTP" represents the bank code and "002" typically indicates the branch or institution code.
Complete Banking Information
For successful international transfers, the bank's physical address must accompany the SWIFT/BIC code:
No. 77, Guanqian Road, Zhongzheng District, Taipei City 100, Taiwan
This combination of precise banking details helps eliminate potential errors in the transfer process.
Enhanced Security Through Standardization
The SWIFT/BIC system provides an additional layer of financial security. This universal communication format enables financial institutions to quickly identify and verify transaction parties during cross-border payments, significantly reducing the risk of errors and fraudulent activities.
Why Choose Taiwan Cooperative Bank?
For transactions involving Taipei, Taiwan Cooperative Bank stands out for its transparent fee structure and reliable service quality. Utilizing this institution for international transfers can result in both cost savings and efficient fund processing.
Understanding and correctly applying Taiwan Cooperative Bank's SWIFT/BIC code represents a fundamental aspect of international financial transactions. With this knowledge, individuals and businesses can execute cross-border payments with greater confidence and efficiency.