CTBC Bank Taiwan

CTBC Bank Taiwan provides card acquiring to merchants in Taiwan and accepts applications through its own merchant service. Its office is at No. 168 Jingmao 2nd Road, Nangang District, Taipei City.

Services

The bank lists credit and debit card acquiring, merchant payment services and business bank accounts. A merchant can therefore combine an acquiring contract with a corporate account in one bank.

Application requirements

The bank publishes the requirements for registration documents, for the account that receives payouts and for a separate approval of online shops. Online sellers should plan for this extra review before going live. Active merchants have access to a portal for settlements and statements, which helps them reconcile card sales with payouts.

Who it suits

The offer suits Taiwanese companies, retailers and online sellers that need a bank-based acquirer and want a self-service portal to track their settlements. Fees, settlement times, supported card schemes and the exact list of documents are not stated in the profile, so a business should obtain them from the merchant service before applying.