2017-03-27

Added 2026-06-20 · Updated 2026-08-20

Directions for Domestic Security Firms Approved to Conduct Foreign Exchange Business While Assisting Customers to Declare Foreign Exchange Receipts and Disbursements or Transactions

Domestic securities firms (DSFs) approved to conduct foreign exchange business must assist customers in making truthful declarations when settling foreign exchange against New Taiwan dollars. The directions specify verification procedures for spot transactions, online enquiry requirements for aggregate settlement amounts, and a single transaction limit of US$ 100,000. Transactions under NT$ 500,000 are exempt from declaration forms, though DSFs must prevent structuring to circumvent rules. The document also details identity verification, ID number entry protocols, and correction procedures for untruthful declarations.

Taiwan

Central Bank of the Republic of China

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