Land Bank

If the deposit amount is below NT$100,000 upon account clearance and closure, and no document or item (such as passbook, specimen seal, and debit card) is lost, the Depositor can just visit the Bank’s online bank, click on Land Bank Businesses and then Application Forms, download the “Account Clearance and Closure Application Form (for account closure by mail only),” complete the application form, enclose related materials (passbook and debit card), and mail the whole package back to the original account-opening branch. If, however, the deposit amount reaches or exceeds NT$100,000, or any of the items of debit card, passbook, and is incidentally lost, then account closure by mail is unavailable; please bring your ID (passport, resident certificate or national ID card), specimen seal (or the new seal), passbook (if available), and debit card (if available) in person to a nearby Land Bank branch, which will help transfer your application to the original account-opening branch to complete account closure.

The Depositor needs to first apply for an interbank withdrawal pin number with a branch to withdraw money interbank. When applying for the service, the Depositor will have to bring the passbook, the specimen seal and the ID to any branch of the Bank in person.

Foreign currency cash is not statutory currency in our country, with limited sources and circulation, so the Bank must retain foreign banks to import it, and must pay administrative fees like freight, insurance premium and processing charges; besides, if the foreign currency bills received are too worn-out to circulate again, the Bank must also pay the foreign banks a recall discount fee. Given the above considerations, you will need to assume an extra handling charge whenever you deposit/withdraw foreign currency cash into/from your foreign exchange deposits.

The remitter shall correctly state the Bank’s English name, LAND BANK OF TAIWAN, its SWIFT CODE (LBOTTWTP), and the 12-digit deposit account number and the remittee’s English account name with the Bank.