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

Banks intending to become authorized banks shall submit written applications with the following documents to the Bank for approval:

1.Documents evidencing FSC's approval for registered establishment;

2.Scope of foreign exchange business;

3.Names and locations of overseas correspondent banks;

4.Name and address of the statutory responsible person within the territory of the Republic of China;

5.Capital and working capital to be remitted to the territory of the Republic of China, as well as the categories and amounts of foreign exchange funding sources; and

6.Other data or documents specified by the Bank.