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MKTBTWTP596 — TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD.

MKTBTWTP596 is the SWIFT/BIC code for TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD. in TAOYUAN, Taiwan — an 11-character branch code under ISO 9362.

BIC breakdown (ISO 9362)

Bank CodeMKTBInstitution
CountryTW🇹🇼 Taiwan
LocationTPLocation Code
Branch596BA DE BRANCH

Head-office code: MKTBTWTP

Facts
FieldValue
InstitutionTAIWAN SHIN KONG COMMERCIAL BANK CO., LTD.
CountryTaiwan (TW)
Location CodeTP
BranchBA DE BRANCH
Type11-character branch code (BIC11)

⚠️ Critical Money Transfer Warning (YMYL)

Verify the BIC with your beneficiary bank: Database records are informational only. swiftbic.org is not affiliated with SWIFT. Always verify the SWIFT/BIC code and name of the beneficiary with the receiving bank or official registration records before initiating any international wire transfer.

Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.

Verify MKTBTWTP596 in the live lookup → · IBAN Validator & Checker → · SWIFT Guide →

Related codes for this bank

MKTBTWTP143 · TAIPEIMKTBTWTP028 · TAIPEIMKTBTWTP851 · TAIPEIMKTBTWTP110 · TAIPEIMKTBTWTP189 · TAIPEIMKTBTWTP152 · TAIPEIMKTBTWTPOBU · TAIPEIMKTBTWTP134 · TAIPEI

Frequently asked questions

What bank does the SWIFT code MKTBTWTP596 belong to?

The SWIFT code MKTBTWTP596 identifies TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD. in TAOYUAN, Taiwan. This branch code is used for cross-border payments and SWIFT network routing.

What do the parts of the SWIFT code MKTBTWTP596 mean?

The 8 or 11 characters of MKTBTWTP596 are parsed as follows: characters 1-4 (MKTB) represent the bank code for TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD.; characters 5-6 (TW) indicate the country code for Taiwan; characters 7-8 (TP) specify the location code; and the final characters (596) designate the specific branch.

Is MKTBTWTP596 a valid SWIFT/BIC code?

MKTBTWTP596 is formatted as a valid ISO 9362 Business Identifier Code and is listed in our reference directory for TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD. in TAOYUAN, Taiwan. Our directory records come from an open community compilation last updated in 2024, so listing is not confirmation of current status — SWIFT does not publish a free live status feed. Always confirm the code with the beneficiary bank before sending funds.

What is the physical address of the bank registered to MKTBTWTP596?

The physical address registered for MKTBTWTP596 is: 1032 JIESHOU RD, BADE CITY, 334, TAOYUAN, Taiwan. Verify this address matches your recipient's branch details before initiating a transaction.

What is the difference between an 8-character and an 11-character BIC?

An 8-character BIC (BIC8) identifies an institution's primary head office, while an 11-character BIC (BIC11) specifies a distinct branch or department. Appending 'XXX' to MKTBTWTP forms the conventional head-office branch suffix; both formats route validly on the network.

Which branch does MKTBTWTP596 identify?

MKTBTWTP596 identifies the 596 branch of TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD. in TAOYUAN, Taiwan. The branch code characters '596' target this specific clearing node directly within TAIWAN SHIN KONG COMMERCIAL BANK CO., LTD.'s branch network.

Do I need an IBAN as well as MKTBTWTP596?

SWIFT codes like MKTBTWTP596 identify the bank institution, while IBANs (ISO 13616) identify the individual customer account. Within SEPA (ECB SEPA), IBANs are sufficient for routing; outside SEPA, both SWIFT BIC and account number are typically required.

What happens if I use the wrong SWIFT/BIC code?

Using an incorrect code can delay transfers, cause payment returns, or route funds to an incorrect institution. Correspondent banks along the route may charge return processing fees, and currency conversion losses may occur. Always verify details with the beneficiary.

How long does a payment using MKTBTWTP596 take to arrive?

International SWIFT wires typically settle within 1 to 5 business days, depending on time zones, clearing cut-offs, correspondent hops (BIS CPMI), and compliance checks.

Why does my payment need an intermediary or correspondent bank?

When sending and receiving banks lack direct clearing accounts, transfers route through intermediary correspondent banks (BIS CPMI) that maintain shared Nostro/Vostro accounts. Each hop may deduct a handling fee.

How does MKTBTWTP596 interact with local payments in Taiwan?

MKTBTWTP596 routes international cross-border transfers. Domestic clearing arrangements vary in Taiwan; confirm with the beneficiary bank before sending funds. SWIFT/BIC codes handle international wire entry.

How current is the information on this page?

This record is sourced from an open community BIC compilation (2024 vintage). For full data provenance, see our Data Sources Register.

What should I do before sending money to this bank?

Confirm the exact BIC and account details directly with your beneficiary, verify beneficiary bank name match, and beware of invoice fraud. Reference directories are for verification support.

Sources & References

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