Banking

If you’re staying in Taiwan for an extended period of time, it might be more convenient for you to open up a local bank account. Although some foreign banks have branches in Taiwan, some ATMs might not accept foreign credit or debit cards. Opening a local bank account could also avoid  currency conversion fees. 

We strongly suggest you open an account at the post office across the NCCU main gate, or First Bank (第一銀行) as NCCU does most transactions with students who receive scholarship grants, wages, refunds etc. via these two financial institutions.

Postal Account

The postal office provides services, including delivery of mail, postal savings, remittance, and simple life insurance. It also offers limited banking services. To open a postal account in the postal office, please go to any postal offices with the following items ready:

  1. New Account Application Form
  2. Alien Resident Certificate (ARC)
  3. Valid Passport
  4. A seal with your Chinese name in traditional characters
  5. Minimum deposit of NT$100

For those who want to open an account and yet without an ARC card, please bring your passport to the National Immigration Agency first and apply for ROC Uniform ID number. The Application Form for an Uniform ID number could be found in the following link: https://www.immigration.gov.tw/5475/5478/141465/141808/203962/

For more Postal Saving account information, please visit the official website of Chunghwa Post Co.

Bank Account

General and complete banking services (including monetary exchange services and electronic banking services) in NT dollars are provided by banks off campus. Therefore, we strongly suggest you to open an account at the First Commercial Bank, where NCCU does most transactions.  

To open a bank account, you are required to do the following:

  1. Bring your ARC, passport, and a seal with your Chinese name in traditional characters to the bank.
  2. Use your Chinese name as the account name.
  3. Deposit a minimum of NT$1,000

For those who want to open an account and yet without an ARC card, please bring your passport to the National Immigration Agency first and apply for ROC Uniform ID number. The Application Form for an Uniform ID number could be found in the following link: 

https://www.immigration.gov.tw/5475/5478/141465/141808/203962/

Further information on Account Opening at the First Commercial Bank, please visit their official website.

Students under 20 years old need special permission to open a bank account, thus it is strongly recommended to open a postal account instead of a bank account.

The First Bank branch closest to NCCU is the Muzha branch.