Demand Savings Deposits:
The minimum amount for opening the account is NT$1,000. The depositor can deposit and withdraw at any time. The interest is paid on the balance over NT$5,000 and calculated for every hundred NT dollars. The interest is credited to the principal on June 20 and December 20 each year. If the account is canceled before the interest payment date, the interest is paid to the last day of the account. The depositor can choose to deposit or withdraw with or without passbook. Bank statement will be issued to the depositor under request.
For non-passbook account, please use the two-copy Deposit Form and Withdrawal Form to deposit and withdraw. The counter staff will stamp on the receipt and return the receipt to the depositor. Bank statement will be sent to the depositor at the end of each month. Withdrawal form is non-transferable, and withdrawal should be done by the depositor personally.
Account Opening Procedure:
To open the account, the applicant should provide the following documents :
Individual: ID card
Non-profit Organization: establishment certificate issued by the governing authority, and unified code issued by the tax collection agency.
Interest Rate: Interest will be calculated based on the listed interest rate of the Bank.