Laws and Regulations Database of the Central Bank of the Republic of China(Taiwan)

1 Whenever a financial institution plans to change New Taiwan dollar deposit interest rates, base lending rate , the benchmark interest rate on adjustable-rate mortgages, the revolving credit card interest rate, cash card interest rate and other pricing benchmarks for lending rates that must be posted in accordance with the regulations of the Central Bank of the Republic of China (Taiwan)（hereafter as "the Bank"), it shall, prior to such rate changes taking effect, report to the Bank the particulars of the rate changes by the following means:

(1) Banks and Chunghwa Post Company Limited shall utilize the Bank's "Financial Institutions Interest Rate Information Reporting System” to submit report interest rate changes in accordance with the Manual provided by the Department of Information Management of the Bank.

(2) Credit Cooperatives and the credit departments of Farmers' or Fishermen's associations shall report interest rate changes to the Taiwan Cooperative Bank and the Agricultural Bank of Taiwan respectively. Taiwan Cooperative Bank and the Agricultural Bank of Taiwan will then compile the reports for submission to the Bank.

Whenever a financial institution can't submit its report via the way prescribed in Subparagraph 1, Paragraph 1of this Direction, it shall submit its report via facsimile in accordance with the form set forth by the Bank.

2 The time for financial institutions to electronically file [online] interest rate information with the Bank shall be from 8:30 a.m. to 6:30 p.m., from Monday through Friday, and from 8:30 a.m. to 1:30 p.m. on Saturday.

3 3.The interest rate information reported by financial institutions will be posted on the Bank's website for searching and downloading by the public.