Been reading the forum for a year now but this is my first post.
I opened a bank account at the post office last year, using an ARC whose validity expired this April. The post below claims that the Taiwanese banks have a procedure to contact you with regards to your account when your ARC expires. Never heard from them.
I’ll be back next month, and I’d like some money to be transferred on my bank account from a Taiwanese friend. Here are the questions:
is there a way, for me from the States, or for a friend in Taiwan, to check that my account still exists?
if there is none, what happens if my friend transfers money on my account and my account doesn’t exist any more?
And if you want to close the account, you actually have to go to the branch at which you first opened up the account and do so, as per what I had to do for a few of them only a couple of years ago.
HSBC got in trouble here a few years ago, they tried doing what they did in North America by purging low value dormant accounts.
The fsc made them reopen all those accounts right quick.
I had like 10 accounts here at some point but i closed half of them, no reason to keep dormant accounts open.
Gotta close Mega and Taishin soon, haven’t used them in years.
And as.others already mentioned if you try to transfer to a closed account it will just bounce back to your original account but it might be stuck in limbo for a few weeks.