Has anyone here tried to pull money out of PayPal over the past few days?
I’ve been trying to get some money out of my PayPal account for the last few days to no avail. My wife talked to the bank and eventually they figured out that I was having trouble because of a new law that is being put in place in November.
I’m a little hazy on the details, but according to the bank, anyone who uses PayPal or other forms of online banking to pay bills, income tax etc. needs to apply for approval to do this because of new regulations that are being implemented in November.
This is not just for foreigners but also Taiwanese.
I have to go to the immigration office with my ARC (and pay NT$250) to apply. We called the immigration office and they confirmed that I need to do this. I’m not sure what I’m getting whether it’s some number or a different ID card, but I’m going next week so hopefully I’ll have a few more details.
Anyone here know anything about this?