after wiring money to my Taiwanese bank account a couple of times in the past, I was getting tired of needing to visit the Bank (E.Sun) every time I made a transfer. Somehow I managed to set up the “online remittance” feature by filling out another form during my last visit. Now I’m trying to use this feature for the first time…
Previously, I would just tell the bank employee in the branch that the money came from my savings account in my home country and I was using it to pay for expenses here in Taiwan. And they were happy with that and released the money (after me signing some form in Chinese).
However, using the online remittance, the bank is asking me to declare the nature of the transfer using some predefined codes and I am not sure which code to choose.
From what I understand, It seems that they want me to declare the original source of the money (so I can’t just choose something like “living expenses”).
However, the banking interface does not allow me to select code “410: Inward remittance of residents’ wages and salaries” (because technically the money I sent mostly consits of my salary for remote work performed in Taiwan). I could select “19D: Professional and technical service receipts” - but I am not sure if that’s the right code in my situation or not…
Mhh - that would be quite far from the truth unfortunately.
Is there any reason behind this?
Why can citizens receive “wages and salaries [from] foreign companies without business registration in the R.O.C.”, but non-citizens can not?
How about 399:
399 其他外國資金之流入
Other inflows of foreign funds 上述各項以外之外國資金流入，請詳述性質，如押標金、保證金（不含衍生金融商品及借券交易之保證金）等。
Inflows of foreign funds other than those described above (please specify the source (residents)/ purpose (non-residents)), such as bid bonds or performance bonds (excluding margins or cash collaterals for financial derivatives or securities borrowing).
Quick update to that one: Today I went to E.Sun again and the employee handling my incoming transfer told me again that I can just do it online.
They told me I just just use code 510 because it would be appropriate for me if I send money from my own account to pay for my living expenses. Probably that code causes the least amount of paperwork for everyone involved
To send money to my own-named bank account back home for whatever purposes, I have always used 510 for years and years through my online banking (a competitor of E.Sun) as per advisement from a counterperson at my branch.
