How much shall I pay for a CGS transfer?
I. If you and your counterparty are the customers of the same clearing bank, i.e. an intrabank transfer:
Intrabank transfers are usually free of charge except the issue of a RP certificate. However, clearing banks charge account maintenance fees based on the balance in your securities account.
II. If you and your counterparty are the customers of different clearing banks, i.e. an interbank transfer:
When initiating a transfer, you shall pay the fees based on the kind of transfers and the amount you transfer. However, some transfers are free of charge.
1. DVP funds transfers:NT$17 per transfer
2. Securities transfers:
（1） Transfers subject to charge:Transfers including title transfer, restricted transfer, lodgment, bond stripping and reconstitution are charged fees as listed in the following fee schedule:
| Increment | Tansfer fee/ per transfer collected by the CBC＊ |
Transfer fee/ per transfer collected by a Transferor Bank |
Total fees |
| 10,000,000 (or below) | 30 | 80 | 110 |
| 10,000,001～20,000,000 | 50 | 120 | 170 |
| 20,000,001～30,000,000 | 70 | 160 | 230 |
| 30,000,001～40,000,000 | 90 | 200 | 290 |
| above 40,000,000 | 110 | 240 | 350 |
＊Fees collected by the CBC are billed monthly and debited to the clearing bank’s account with the CBC.
（2）Transfers free of charge:
（a）Original purchases at issuance
（b）Return transfers
（c）Revocations of restricted transfers
（d）Sales of securities by the Department of Banking for open market operations
（e）Buybacks
（f）Return lodgment
（g）Exchanges for government-held shares