Hi all, as a non-Taiwanese living in Taiwan, I often experience the inconvenience financial service due to my identity, for example I cant apply for a credit card online. Currently I am working as a trainee in a bank, I would like to reflect this issue to my bank in a systemic way, expecting to mak…

Cindy, you could check these links [image] Can foreigners get a credit card in Taiwan? Living in Taiwan Can foreigners get a credit card in Taiwan? poll If i were to ask you for your vote today: “can foreigners get a Taiwanese credit card?”, what would you say? No: “eve…

I was flabbergasted at how long it took to change money in a Taiwanese bank. It was a long, drawn out process - taking 15 to 30 minutes. I cringe at the thought of actually opening a bank account.

I tried to open a mutual fund account. Taiwan cooperative, Mega bank, and yuanta told me to get lost, foreigners can’t buy their funds. Taishin said yes. Banks refusing money because im not taiwanese , really strange. Banks routinely deny credit cards for foreigners unless you have a guarantor.…

[image] Immersion: I was flabbergasted at how long it took to change money in a Taiwanese bank. It was a long, drawn out process - taking 15 to 30 minutes. I cringe at the thought of actually opening a bank account. It’s quite strange…as I know, the process shouldn’t take that long. Is it bec…

[image] Si: Others The other nine are not so much a problem, but under the topic of others, would be a mortgage. Every bank will ask for a higher percentage of the mortgage to be paid by a foreigner than they would ask from their partner (assuming they are Taiwanese). doesn’t matter the fore…

[image] dan2006: I tried to open a mutual fund account. Taiwan cooperative, Mega bank, and yuanta told me to get lost, foreigners can’t buy their funds. Taishin said yes. Banks refusing money because im not taiwanese , really strange. Banks routinely deny credit cards for foreigners unless …

Thanks arcticsquid! Those links above are really helpful! Seems that Language is really the thing makes financial service here unfriendly…

Hi Si, it was the branch channel. He made a call and they said ok. Although the investment fee MER is a little high. He didn’t show me the paperwork, I was just asking. He said bring back arc, passport and health card if i wanted to proceed. I just thought, to be honest I dont think banks in T…

These banks are open to have foreign customers (without restrictions) Post Office (granting VISA debit card for free since 2012) Cathay United Bank First Bank (offering VISA debit card as of recently) Changhua Bank (offering VISA debit card as of recently) This bank is open to have foreign cust…

Is there a minimum deposit for Citibank? How much is the fee and the minimum amount? Do they also charge a fee for ATM withdrawals and debit card payments outside of Taiwan? I am trying to make up my mind between Cathay and Citibank. Thanks for any info.

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