Wire transfers


#1

I am about to leave this fair island, but would like to leave my shares of UMC (which I bought at NT$90/share & are now at NT$50/share) here.
The securities company that holds my shares says that I can initiate a sell order over the phone from anywhere in the world and then they would roll my funds (in NT$) to my China Trust Bank account.

Here is where the fun starts. China Trust Bank says that there is no way to transfer the funds from my bank account in Taiwan to a bank account overseas unless I am physically present in one of their branches in Taiwan with my bankbook in hand. I am not willing to leave my bankbook with a friend here because I would like the option of sitting on this investment for a few years.

Does anyone know of any banks that do allow for a wire transfer initiated from overseas by phone, computer or whatever? I am not talking about ATM access either, because ATM’s usually limit your withdrawals to a certain amount.

Any help would be fantastic.


#2

The Union Bank on Ming Sheng East Road between Fu Hsing and Tun Hua (north side closer to Fu Hsing than Tun Hua) has a full Internet Banking Service - including funds transfers.

They advertise every day in the Taipei Times Business Section for full address and contact numbers.