In international financial transactions, the security of sending and receiving funds remains every user's primary concern. When transferring money to overseas banking institutions, the correct use of SWIFT codes becomes particularly crucial. TAIWAN COOPERATIVE BANK LTD's SWIFT code, TACBTWTP018 , serves as vital information to ensure your funds reach their destination safely and accurately.
About TAIWAN COOPERATIVE BANK LTD
TAIWAN COOPERATIVE BANK LTD operates as a prominent financial institution based in Taiwan, with its physical address at 660 JHONGJHENG RD, MIAOLI, MIAOLI, 360. The bank provides comprehensive financial services throughout the region.
The Critical Role of SWIFT Codes
SWIFT codes, also known as Bank Identifier Codes (BIC), consist of unique 8-11 character alphanumeric identifiers that distinguish financial institutions during international money transfers. The code TACBTWTP018 specifically identifies TAIWAN COOPERATIVE BANK LTD, guaranteeing that your funds reach the intended account securely. Utilizing the correct SWIFT code prevents transfer errors and potential financial losses.
When to Use TACBTWTP018
Always use the SWIFT code TACBTWTP018 when initiating international transfers to TAIWAN COOPERATIVE BANK LTD. This code applies to all incoming payments destined for accounts at the bank's MIAOLI branch. Before submitting transfer requests, verify the code's accuracy and current validity to facilitate successful transactions.
Verification Procedures
International money transfers require meticulous attention to detail. Prior to initiating transactions:
- Confirm the SWIFT code's validity with your financial institution
- Ensure the code precisely corresponds to TAIWAN COOPERATIVE BANK LTD
- Cross-reference the bank's official resources for the most current information
These verification steps significantly enhance transfer success rates while minimizing risks associated with incorrect banking information.
The SWIFT code TACBTWTP018 provides essential security for international transactions involving TAIWAN COOPERATIVE BANK LTD. By understanding and properly implementing this banking identifier, customers can conduct cross-border financial transactions with greater confidence and peace of mind.