Because it says I was born in the US on my ID card.
How did that sit with you?
Like I said, not ideal, but not high on my overall list of grievances either 
@bananas You’re not a real Taiwanese anyway in the eyes of them… You need to prove that you grew from this land.
This is problematic because while the banks are private businesses (other than the government run banks) they are highly government regulated and as such should not be allowed to lump legal residents into one basket as high risk to deny them services
It should not be in their scope to be able to discriminate. Could you imagine if American banks told green card Taiwanese they weren’t welcome?
Why would they though? What additional burden is the Taiwan government putting on American banks?
CRS forms.
@justintaiwan Just a correction… America hasn’t signed the CRS treaty… so no…
Basically if you want to hide your money… America just became one of the safer places… hahaha
The advice is for OTHERS not applicable to US! 
Another feather on the bald Eagle!
UK has been a very lucrative place for Russians oligarchs, corrupt politicians and businesses to stash their money for a very loooong time.
After all rules are for the third world…
it seems the vitious circle is a self-fulfilling prophecy, please find below the reply from the National Development Council:
Dear Mr. S*****,
Regarding your inquiry about the issues faced by foreign residents accessing banking services, please refer to the following:
Last year, our Council formed a whole-of-government Task Force (強化海外人才深耕臺灣專案) to focus on the issues that would improve our country’s migration and foreign investment environment. Based on the information gathered by that Task Force, the most frequent issues encountered by foreign residents are banking-related. According to survey data from 2021 and 2022, almost half of resident foreign professionals have faced issues with banking.
Under the auspices of the Task Force, we have investigated the status of ‘online-only banks provision of service to foreign nationals. At present, we are not aware of any ‘online-only’ bank based in our country that provides service to resident foreign nationals. We met with the financial regulator (FSC) and have had several follow-up discussions on this matter. On December 23, 2021, FSC confirmed that according to the current domestic regulations, online-only banks are able to accept resident foreign nationals to open accounts.
The FSC then contacted the four most prominent online-only banks to determine the underlying reasons that online-only banks do not offer service to resident foreign nationals. The following reasons were provided:
- Lack of incentive - due to the small size of the market.
- Scale issues - as online banks are relatively new and have fewer customers, the banks are resource limited and focusing on other customer types.
- Under Planning - one bank plans to offer service in the fourth quarter of 2022.
Based on the aforementioned responses from the FSC, at the present time we must respect the independent evaluation of each online-only bank to determine whether to open to foreign nationals. With respect to your specific concerns and suggestions, we will forward them to the FSC, so that it will encourage operators to open online-only banking service to foreign nationals. If you have further ideas or suggestions, please contact NDC’s Gold Card Office (Telephone: 02-7733-7660; email: help@taiwangoldcard.tw)
Thank you for your letter and wish you health and happiness.
Best regards,
National Development Council
So laws and regulations are not an enough “incentive” to be compliant and they don’t care about us since we are too few… I find this reply an insult to our intelligence and just a justification for their slack. report report and report. We ought to send this to the press too to put some shame.
As I keep saying, they have all the lawful rights to refuse service to us after an application is submitted and due review is carried. That is the law, but not even letting me apply is unlawful and discriminatory practice based on nationality and/or place of birth, not just to A(P)RC holders, but also naturalised citizens and citizens born abroad.
seriously, the reason adduced are ridiculous. Lack of incentive??? So if I do not have any incentives can I not pay any NHI/Labour insurance/pension? Or not paying any parking ticket or not reporting my salaries?
Dura lex sed lex, they should have built a better structure for this moronic ARC/National ID system in the first place, not the usual half-assed 差不多 nonsense, creating more problems.
If that reply is true… Kind of just shows the bullshit that spills out of their mouths in an attempt not to loose face.
So if my restaurant in Australia had a “lack of incentive” to serve Taiwanese I could refuse them entry? It should go both ways.
it is true, please see the screenshot, I am not inventing anything. The NIA replied to me to contact the FSC since it is not their competence.
Can you maybe forward this to that journalist or give me the journalist contact? This must be made known
Pmd you
Everyone lets submit story tips on mass to Apple Daily pointing out the blatant xenophobic discrimination. Especially regarding how even Taiwanese born abroad are discriminated.
https://tw-survey.appledaily.com/s/bLGaK
or
news@appledaily.com.tw
I think you do have some serious incentives for those things.