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Approved foreign exchange business in July 2026

Central Bank of the Republic of China(Taiwan)

 PRESS RELEASE                                                        Release Date: August 12, 2026                              

Approved foreign exchange business in July 2026

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

1. Taiwan Business Bank, Chang Hwa Commercial Bank and Land Bank of Taiwan to issue foreign currency denominated negotiable certificates of deposit.

2. Shin Kong International Securities to conduct consigned trading of foreign securities involving receipts and disbursements settled in NTD or foreign currencies.

3. As of the end of  July 2026, there were 3,451 authorized banks, including 3,411 domestic banks, 3 Mainland banks, and 37 foreign banks.

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