I. Features of Service
1. Bank of Taiwan has more branches than others located everywhere around the country.
2. Bank of Taiwan regularly imports foreign currencies, therefore, it has abundant cash on hand and most of the cash are new bills.
3. Foreign currencies unused during the tour can be exchanged back or refunded.
4. Clients of Bank of Taiwan, including savings, loans and credit card customers, enjoy preferential exchange rates.
5. With a complete line of foreign currencies, Bank of Taiwan offers the highest degree of convenience to the customers.
II. Service Items:
Purchase of foreign currencies for the purposes of studying abroad, immigration, tour, visiting relatives, and overseas business trips, etc. in the form of draft, traveler’s check or cash.
III. Qualified Applicants:
Individuals 20 years old or above, with ROC Identity Cards, Residence Permits of Taiwan or Alien Resident Visas.
IV. Methods of Application:
Please bring your ID card and seal to the local branches, fill in the Declaration Statement of Foreign Exchange Receipts and Disbursements or Transactions, and the Application for Outward Exchange or Exchange at the counter. The application will be accepted after the Bank checks with the Central Bank on-line.
V. Methods of Remittance
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Method of Remittance |
Types and Currencies |
Characteristics |
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Draft |
1. CRS - Draft of Citigroup (in US Dollar or Pound);
2. TRS – Demand Draft of BOT’s New York Branch (in US Dollar) |
1. Easy to carry
2. Can apply for payment stop if lost |
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3. SOLA – Bank Draft (for foreign currencies officially listed) |
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Traveler’s Check |
Issued by American Express (in US Dollar, Pound, Australian Dollar, Canadian Dollar, Swiss Franc, Japanese Yen and Euro) |
1. Restricted to be used by the applicant only
2. No time limit
3. Can apply for payment stop if lost |
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Cash |
Cash of formally listed foreign currencies (US Dollar, HK Dollar, Pound, Australian Dollar, Canadian Dollar, Japanese Yen, Swedish Krona, Euro, Singapore Dollar, Swiss Franc, New Zealand Dollar, Thailand Baht, Indonesia Rupiah, and South Korean Won) |
Provide multiple choices of foreign currencies for the convenience of customers. |
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