In an era of increasing global financial transactions, understanding how to execute international wire transfers efficiently is essential. When transferring funds through Taiwan Cooperative Bank Ltd., using the correct SWIFT/BIC code ensures secure and timely delivery to the intended recipient. So, what is Taiwan Cooperative Bank’s SWIFT code?
The SWIFT code for Taiwan Cooperative Bank is TACBTWTP003 . This code consists of the bank identifier "TACB," the country code "TW" for Taiwan, and the branch code "TP003," which directs funds to the bank’s Taipei office. The bank’s headquarters is located at No. 77, Kunming Street, Wanhua District, Taipei City, with the postal code 108.
When initiating an international transfer, verifying the accuracy of the SWIFT code is critical to avoid delays. SWIFT codes, comprising 8 to 11 alphanumeric characters, are globally unique identifiers for banks and their specific branches. The code TACBTWTP003 has been confirmed and regularly updated to maintain its validity.
To transfer funds to Taiwan Cooperative Bank, simply enter TACBTWTP003 in the "Recipient Bank SWIFT Code" field and provide the beneficiary’s account details. It is advisable to review associated fees, exchange rates, and processing times beforehand to ensure a smooth transaction.
In summary, knowing the correct SWIFT code and relevant banking details enhances the efficiency and security of international wire transfers. Always double-check the code’s accuracy and communicate with the bank if necessary to prevent complications.