When conducting international wire transfers, selecting the correct SWIFT/BIC code is crucial. For clients planning to send funds to Taiwan Cooperative Bank (TCB), understanding the bank's SWIFT code and relevant details will significantly streamline the transfer process.
Key Banking Information
Taiwan Cooperative Bank's SWIFT/BIC code is TACBTWTP002 . This unique identifier serves as the primary method for financial institutions to recognize the bank during international payments and fund transfers, ensuring accurate movement of funds.
The bank's full legal name is Taiwan Cooperative Bank, located at No. 77, Guanqian Road, Zhongzheng District, Taipei City, Taiwan, with postal code 100. Using this precise SWIFT code enables efficient international money transfers to the institution.
Best Practices for Wire Transfers
When preparing an international transfer, it is essential to accurately complete all required fields including the SWIFT code, bank name, and complete physical address. Proper completion of these details minimizes risks of transfer delays or failures due to incorrect information.
Financial experts recommend periodically verifying the validity of SWIFT/BIC codes, as these identifiers may occasionally change due to bank policy updates or shifts in international financial regulations.
Staying Informed
Customers should monitor official communications from Taiwan Cooperative Bank regarding potential updates to its SWIFT code or related banking information. The bank periodically reviews and updates these details to maintain service quality and fund security.
As global financial markets continue to evolve, understanding and properly utilizing SWIFT/BIC codes enhances both efficiency and security in international money transfers, providing customers with reliable service.
For both individual and corporate clients, accurate knowledge of Taiwan Cooperative Bank's SWIFT/BIC code proves indispensable for international transactions. Precise information entry remains the fundamental requirement for ensuring secure and timely fund delivery.