In today's globalized financial landscape, international money transfers have become commonplace. For individuals and businesses alike, ensuring secure and efficient transactions remains paramount, particularly when dealing with international banks. The correct SWIFT/BIC code plays a crucial role in facilitating seamless cross-border payments.
MEGA International Commercial Bank: Key Details
MEGA International Commercial Bank Co., Ltd., headquartered in Tainan City, Taiwan, has established itself as a reliable institution for international financial services. The bank's SWIFT code, ICBCTWTP006 , serves as its unique identifier in global transactions.
The bank's physical address is located at No. 90, Zhongshan Road, Tainan City, with postal code 700. Known for its efficient international services, MEGA Bank offers multiple foreign currency remittance options and demonstrates professional expertise in handling fund transfers.
Practical Application of the SWIFT Code
When sending funds to France using MEGA Bank's services, customers can directly transfer U.S. dollars (USD). For instance, a transfer of $10,000 USD would result in the recipient receiving approximately €8,492 EUR after currency conversion. This example illustrates the importance of accurate financial information in international transactions.
The Critical Role of SWIFT Codes
SWIFT codes serve as essential identifiers for financial institutions worldwide, ensuring funds reach their intended destinations securely. These alphanumeric combinations represent more than mere technical details—they form the foundation of safe and efficient international financial transactions.
Before initiating any transfer using code ICBCTWTP006, both senders and recipients should verify the information to prevent potential delays. Regular updates and confirmation of SWIFT code details remain vital for maintaining transaction integrity.
Understanding MEGA International Commercial Bank's SWIFT code and related information enables individuals and businesses to conduct international transfers with greater confidence and efficiency. This knowledge contributes to more secure and reliable movement of funds across borders, whether for personal remittances or commercial transactions.