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

1.Except where otherwise provided by laws or regulations, the posting of
　interest rates by financial institutions on New Taiwan dollar deposits
　and loans shall be handled in accordance with these Directions.

2.In accepting any of the various types of New Taiwan dollar deposits
　(demand deposits, demand savings deposits, time deposits, time savings
　deposits), financial institutions may freely post tiered interest
　rates that vary depending on the amount deposited (e.g. in units of
　million New Taiwan dollar).

3.For time deposits and time savings deposits, the applicable interest 
　rate for each account shall be determined on the basis of the amount
　deposited. For demand deposits and demand savings deposits, the
　applicable interest rate for each account shall be determined monthly
　on the basis of the average daily balance for the month.

4.For deposits falling under a single category (demand deposits, demand 
　savings deposits,time deposits, time savings deposits), a financial 
　institution may post different interest rates  according to the type of 
　customers and the nature of deposits, provided that the financial 
　institution notifies the Central Bank of the Republic of China (Taiwan) 
　(hereafter referred to as“the Bank”) for recordation in advance.
　The procedure for recordation is deemed completed if the Bank does not 
　object thereto within ten business days from the receipt of the 
　aforementioned notice.

5.The provisions of Directions 2 to 4 shall not apply to the acceptance 
　of redeposits from grassroots financial institutions and the Chunghwa
　Post Company Limited.

6.The provisions of Directions 1 to 4 above shall apply mutatis mutandis
　to the posting of interest rates by an investment and trust company
　accepting funds for deposit in a discretionary trust.

7.Financial institutions shall, depending on their business activities,
　post the base lending rate, the benchmark interest rate of adjustable 
　rates mortgages,the revolving credit card interest rate, the cash card 
　interest rate and other benchmark lending rates specified by the Bank.

8.Posted interest rates on New Taiwan dollar deposits and loans shall be
　single interest rate.

9.When a financial institution changes its posted interest rates for New
　Taiwan dollar deposit interest rates and lending rates, it shall notify 
　the Bank.