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Approved foreign exchange business in February 2022

Central Bank of the Republic of China (Taiwan)

PRESS RELEASE                                                       Release Date: March 14, 2022          

Approved foreign exchange business in February 2022

In line with the policy of promoting the liberalization, internationalization, and development of the foreign exchange market, the Bank approved the following:

  1. Far Eastern International Bank to accept customer’s application to open digital foreign currency deposit accounts over the Internet.

  2. As of the end of February 2022, there were 3,459 authorized banks, including 3,421 domestic banks, 3 Mainland banks, and 35 foreign banks.

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