Taiwan
SWIFT Payouts
Supported Currencies
- TWD, AUD, USD, EUR
Restrictions
- The Recipient may need to complete remittance declaration forms and provide supporting documentation to explain the reason for payment
Field Requirements
| Object | Parameter | Requirements |
|---|---|---|
| Payment Address | accountReference | Required |
| routingCode | SWIFT BIC (8) or (11): xxxxTWxx or xxxxTWxxxxx RegEx format: ^[A-Z]{4}TW[A-Z0-9]{2}([A-Z0-9]{3})?$ | |
| bankCountry | TW | |
| accountName | Only required if the name on the account differs to the Recipient name | |
| Recipient | physicalAddress | Country, City, streetName and Postal Code are required |
| phoneCountryCode & phoneNumber | Recommended for payouts in AUD, USD and EUR | |
| corporateName | Required if recipientType = “corporate” | |
| firstName & lastName | First Name and Last Name if recipientType = “Individual” | |
| Payout | paymentReason | Select Payment Reason Code from list below |
Payment Reason Codes
| PaymentReason Code | Description |
|---|---|
| 695 | Transaction without flow of funds |
| 696 | Interest payment for foreign currency deposits |
| 700 | Payment for imported goods |
| 701 | Payment for goods not yet imported |
| 702 | Fuel and supply payment |
| 704 | Payment for samples |
| 129 | Other insurance-related payments |
| 131 | Business receipts |
| 132 | Tourism receipts |
| 133 | receipts of visiting relatives |
| 134 | receipts of studying abroad |
| 135 | Credit card payment |
| 139 | Other traveling receipts |
| 191 | Cultural expense |
| 192 | Trade commission and agency receipts |
| 193 | Payments related to local construction project |
| 194 | Financial service receipts |
| 195 | Payments for the right to use intangible assets |
| 196 | Overseas office expenses |
| 197 | Outward remittance for tripartite trade |
| 19A | Postal and telecommunication expense |
| 19B | Computer and information receipts |
| 19C | Leasing receipts |
| 19D | Professional and technical service receipts |
| 19E | Video-audio receipts |
| 19F | Outward remittance of service income of foreign government agency |
| 19G | Other service receipts of civil or military organs |
| 199 | Other service receipts |
| 210 | Outward direct investment |
| 220 | Outward loan investment |
| 250 | Deposit overseas |
| 262 | Investment in overseas equity stocks |
| 263 | Investment in overseas long-term bonds |
| 264 | Investment in overseas short-term notes |
| 265 | Investment in overseas financial derivatives |
| 270 | Investment in overseas real estate |
| 280 | Lending (principal) to non-resident abroad |
| 281 | Issuance of Taiwan depository receipts by overseas nationals |
| 282 | Issuance of bonds in the R.O.C by overseas nationals |
| 299 | Other outflows of domestic funds |
| 310 | Equity investments by foreign nationals and overseas Chinese overseas Chinese |
| 320 | Loan investments by foreign nationals and overseas Chinese |
| 330 | Foreign trust funds invested in the R.O.C. |
| 340 | Repayment (principal) of borrowing foreign |
| 341 | Repayment of external corporate bonds |
| 350 | Withdrawal of deposits by foreigners |
| 360 | Outward remittance of securities investment by foreigners |
| 111 | Cargo shipping receipts |
| 112 | Passenger shipping receipts |
| 115 | Airfreight receipts |
| 116 | Air passenger service receipts |
| 118 | Transportation vehicle repair receipts |
| 119 | Other transportation-receipts |
| 121 | Cargo insurance receipts |
| 122 | Payment for cargo insurance claim |
| 123 | Payment for other types insurance claim |
| 370 | Withdrawal of real estate investment by foreigners |
| 380 | Redemption of global depository receipts |
| 391 | Installment payments (principal) for imports financing |
| 392 | Capital leasing receipts |
| 399 | Other outflows of foreign funds |
| 410 | Outward remittance of non-resident's wages and salaries |
| 440 | Interest of foreign borrowing |
| 441 | Revenue earned by foreign nationals and overseas Chinese from direct investments in the R.O.C. |
| 442 | Equity stock income |
| 443 | Deposit interest of foreign nationals |
| 444 | Import finance related interest |
| 445 | Income from long-term bonds |
| 446 | Income from short-term notes |
| 447 | Income from financial derivatives products |
| 448 | Interest on loan investments by foreign nationals and overseas Chinese |
| 449 | Other investment income of foreigners |
| 510 | Outward remittances for allowances for family or relatives |
| 511 | Remittance by guest workers |
| 520 | Donation remittance |
| 530 | Immigration remittance |
| 580 | Payments made by the government |
| 599 | Other transfers payments |
| 611 | Returns of export payments |
| 612 | Foreigners exchange back foreign currency |
| 615 | Purchase of intangible asset ownership |
| 619 | Other outward remittances |
| 691 | Repayments of export promotion loans |
| 692 | Purchase of foreign exchange and deposit into foreign currency deposit account |
| 693 | Foreign exchange transferred to another domestic bank |
| 694 | Converting one foreign currency to another |
| 711 | Receipts from merchanting trade |
Updated 22 days ago