Banking transactions conducted through OBU (Offshore Banking Unit) are, in principle, exempted from the restrictions under the foreign exchange control regulations. We recommend our corporate customers to fully utilize our OBU service through their offshore companies, thereby taking advantage of the tax benefits in domestic business tax, income tax and stamp tax. This is a most direct and efficient way in improving your company’s profitability.
From time to time, our customers may need to deal with issues such as remitting back the revenue earned in Mainland China, planing the accounting of revenues in their financial reports for tax-saving purpose, and managing overseas fund-raising activities through the holding companies, etc. Through the professional service provided by our OBU branch, our well-experienced product managers will tailor-make your financial strategies to satisfy your multi-purposed requirements.
Our OBU Services：
- Foreign exchange deposit：including savings and term deposits
Remittances：Inward and outward remittance, remittance to Mainland China
Import Business: L/C issuance
- Foreign Currency Guarantee：Bid Bond, Performance Bond, Advanced Payment Guarantee, Guarantee on construction contracts, etc.
- Export Business: L/C Advice, export negotiation, export bills discounted, export documents under collection, L/C reissuance
- Credit in foreign currencies – funding for short, mid and long terms.
- International Syndication
- Cross-strait banking business
- Credit Guarantee for Overseas Chinese
We provide lending facilities to business run by overseas Chinese or owned by Taiwanese businessman, against the guarantee sponsored by Overseas Chinese Credit Guarantee Fund. The purpose of this service is to assist overseas Chinese in the establishment of new business, or to facilitate the loan application made by companies run by overseas Chinese or owned by Taiwanese businessman.
- Sales/purchase of securities in foreign currencies
- Underwriting for offshore securities
- Custodian, agency and consultancy service relevant to the above
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