Not sure whether there’s a better thread for this, but I’ve been updating my bank accounts with my new-and-not-improved ARC number this week - these are the results.
CTBC, Gongguan branch
Mostly fine, in the context of banking in Taiwan. Had to wait at least 50 minutes before getting to the counter because of the number of people ahead of me (branch- and time-dependent, of course), but once there it was quite straightforward. Probably took another 25 minutes and had to sign a couple of forms, but they seemed to know what they were doing.
Standard Chartered, Guting branch
The branch was pretty much empty when I arrived so got seen immediately, but this one took the longest for the process itself - maybe an hour in total. I had to sign more sheets of paper than I remembered to count and write my signature at least 15 times - this was a problem in itself because my scrawl didn’t match what was on their screen from two years ago. The clerk helpfully used a makeup mirror to show me my previous signature and the supervisor/manager came from the back to give me a few tips (which letters of my surname I needed to write more clearly before the final flourish), so it was all a bit pointless in terms of an anti-fraud measure, but we got there in the end. I had to cancel and reapply for online banking and set all the details again, and I also received a new ATM/debit card for some reason (not the case at the other two banks). The clerk seemed to have some technical problems that required her to keep calling someone else to fix.
Mega Bank (Guting branch)
This would probably have been the fastest…if not for the bank asking me to sign a CRS self-certification form confirming that I’m tax-resident in the UK (I’m not). This took at least an additional hour to sort out on top of the ca. 30 min for the process itself, and involved at least 5 bank employees in addition to multiple phone calls.
They kept insisting I needed to write the UK in the “other tax residency” table, along with option A for why I’m not supplying a TIN (= the jurisdiction doesn’t issue TINs, something like that). I kept insisting I don’t because I’m only tax resident in Taiwan and that the table should be empty, and showed them the CRS rules to confirm this. I also kept pointing them to the text of their own form, where options A-C are only needed if the account holder has tax residency elsewhere. The five of us went back and forth like this for a while, with one of them at some point suggesting I can just write the UK in the table and append a more detailed explanation, but the thing that probably swung it was showing one of the guys this photo from @fifieldt about his Richart meeting a couple of months back, which complains about Taiwanese banks misinterpreting CRS rules:
After that they agreed to just write Taiwan and my ARC number in the table (I think it should actually have been left entirely blank and told them the same, but my patience was running thin at this point and this seemed an acceptable compromise), and I happily signed.
A bit frustrating to deal with, but the disagreement was all very civil and friendly, and there’s hopefully now at least 5 employees in that Mega Bank branch who know a bit more about the CRS rules for foreigners.
I’m not sure why I didn’t have to do this 3 years ago when I opened the account actually - I’m hoping that they didn’t just fill that out without me knowing, but I definitely didn’t sign anything about being tax-resident in the UK.