Bank accounts registered to foreign nationals who leave Taiwan under one of four designated scenarios will be flagged as high-risk for potential misuse as mule accounts, an official with the Financial Supervisory Commission (FSC) told CNA.
The situations include departing after the expiration or early termination of a work contract, being reported as missing or absconding, or being detained for illegal entry or unlawful employment, according to the official, who requested anonymity.
[…]
Starting in January, banks have been required to cross-reference accounts against a list of departed foreign nationals provided by the National Immigration Agency (NIA) and may exercise discretion to freeze those accounts following a review, the official said.
Doesn’t sound like an issue in theory for those who are lawful residents. However, in practice, I do expect an increase in banks locking accounts of foreigners…
Especially, if some banks implement the “review” process of departing foreigners before account closure like some telcos do for prepaid cards: