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Laws and Regulations Database of the Central Bank of the Republic of China-Clause View
10.

10. In applying for temporary advances, banks shall submit to the Bank rediscounted eligible bills, government bonds, the certificates of deposit issued by the Bank, or other securities approved by the Bank as collateral.  

In applying for temporary advances, a bank under the following conditions may be exempt from providing collateral or additional collateral, provided that such banks shall submit promissory notes to be paid from their banking deposit accounts with the Department of Banking of the Bank:  

(1) Experiencing difficulties in providing the collateral listed above when applying to the Bank for temporary advances to meet the reserve requirement;  

(2) Applying for temporary advances in compliance with the Bank's monetary policy, where the applied amount is within the limit of the applicant bank's reserves account B.

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