Foreign exchange from Central Bank of the Republic of China (Taiwan)

Amendments to certain provisions, Annexes 5 and 6 of Point 27, and Schedule 11 of Point 28 of the "Directions for Banking Enterprises in Assisting Clients in Declaring Foreign Exchange Receipts and Disbursements or Transactions"

From today until January 23, 2026, designated banks may apply to this Bank in accordance with Description 3 for permission to act as a clearing bank for foreign currencies other than the US dollar, RMB, Japanese yen, and Euro (hereinafter referred to as other foreign currencies) on the Foreign Currency Settlement Platform; please review and act accordingly.

Some articles of the Regulations Governing Foreign Exchange Business of Banking Enterprises were amended and promulgated by the Bank on July 15, 2025 via Order No. Tai-Yang-Wai-Qi-Zi-1140026954. Attached are one copy each of the amended articles, general explanation, and comparison table. Please review and act accordingly.

The order regarding the pilot regulations for foreign currency loan business in local asset management zones by authorized foreign exchange banks has been issued by this Bank on June 20, 2025 via Tai-Yang-Wai-Qi-Zi No. 1140023606. A copy of the issuance order is attached for your reference and compliance.

Point 10 of the 'Operational Guidelines for Banks Handling Foreign Exchange Business' was amended and promulgated by this Bank on January 15, 2025, via Order No. Tai-Yang-Wai-Qi-Zi-1140003134, and shall take effect from the date of issuance

Starting from 2025, the management of the annual 50 million US dollar quota for foreign currency discretionary investment in foreign currency securities business is cancelled. Please check and forward to your members.

Regarding designated banks, pursuant to the Financial Supervisory Commission's order Jin-Guan-Yin-Wai-Zi No. 11301481261 dated December 5, 2024, accepting foreign bonds, offshore structured products, or foreign currency-denominated structured bonds held by high-net-worth clients themselves (i.e., not invested via trust) as collateral to handle foreign currency credit, without the need to apply the provisions regarding documentation to be submitted under Item 6 of the "Directions for Foreign Exchange Business by Banking Enterprises". Please review and comply.

From today until December 31, 2024, designated banks may apply to this Bank for authorization as the US dollar clearing bank for the "Foreign Currency Settlement Platform" in accordance with Instruction 3. Please check and act accordingly.

Directive on adjusting the amounts specified in the main text of Article 4, Paragraph 1, Subparagraph 3 and Article 6, Paragraph 1, Subparagraph 1 of the Regulations Governing Foreign Exchange Receipts and Disbursements or Transactions

Regulations regarding the Code-Word labeling of outward remittance messages between designated banks (DBUs) and offshore banking units (OBUs) customers shall be handled in accordance with the explanatory notes. Please review and comply.

Hereby amending the attachments 1-2 and 8 of the letter dated December 28, 2017 with reference Tai-Yang-Wai-Ba-Zi No. 1060051685 issued by this Department regarding the "Instructions for Reporting Foreign Exchange Receipts and Disbursements or Transaction Statistics to the Central Bank by Securities Firms and Offshore Securities Branches" (referred to as Reporting Instructions), please inspect and handle accordingly.

Amendments to the 'Item Descriptions for Computerized Verification of Transaction Document Content by Banking Enterprises' and the 'Classification Table of Remittance Natures for Transactions via Electronic or Communication Equipment by Designated Banks'

This is to amend Attachments 1, 3, 6, 7, and 8 of the "Instructions for Electronic Payment Institutions to Report Foreign Exchange Income and Expenditure or Transactions" in the Bank's letter dated June 30, 2021, with Ref. No. Tai-Yang-Wai-Ba-Zi-1100025765

Partial provisions of the 'Directions for Foreign Exchange Banks in Assisting Customers to Declare Foreign Exchange Receipts and Disbursements or Transactions' and the appendix 1 and appendix 4 of point 24, appendix 10 of point 26, and appendix 11 of point 28 have been amended and promulgated by the Bank on July 4, 2024, under Order No. Tai-Yang-Wai-Wu-Zi-1130024757, effective from the date of promulgation. Attached is 1 copy of the amended provisions; please inspect and comply.

Certain provisions of the "Directions for Foreign Exchange Securities Firms Assisting Clients in Declaring Foreign Exchange Receipts and Disbursements or Transactions" have been amended and promulgated by the Central Bank via Order No. Tai-Chung-Yuan-Wai-Wu-Zi-1130024758 on July 4, 2024, effective from the same date. A copy of the amended provisions is attached for your reference.

From today until July 31, 2024, designated banks may apply to this Bank for authorization as a Euro clearing bank for the "Foreign Currency Settlement Platform" in accordance with Explanation 3. Please check and comply.

From now until March 29, 2024, designated banks may apply to this Bank for authorization as the Japanese Yen clearing bank for the Foreign Currency Settlement Platform in accordance with Instruction 3. Please check and act accordingly.