Cathay United Bank Account Type

Cathay United Bank offers various types of accounts for trading purposes. The primary account types include:

• Demand Savings Deposit Account: This account allows for easy access to funds with a minimum opening deposit of NT $1,000.
• Time Deposit Account: Requires a minimum opening deposit of NT $10,000, offering fixed interest rates for a specified term.
• Foreign Currency Accounts: These accounts support multiple currencies, providing flexibility for international transactions.

Each account type is designed to cater to different financial needs, whether for personal savings or business trading activities.

Cathay United Bank Broker Account Opening Process

To open a trading account with Cathay United Bank, follow these steps:

• Gather Required Documents:
• For individual applicants: Valid ID and proof of residence.
• For corporate applicants: Company registration certificate, unified social credit identifier, ID of the legal representative, and other relevant documents.

• Complete the Application Form: Fill out the necessary application form specific to trading accounts.

• Minimum Deposit: Ensure the minimum opening deposit is ready:

• NT $1,000 for Demand Savings Deposit Account.
• NT $10,000 for Time Deposit Account.

• Submit Application: Submit the completed application along with the required documents to the bank.

• Verification Process: The bank will review the application and verify the provided information.

• Account Activation: Upon approval, the bank will provide account details, and the account will be activated.

• Online Banking Setup: Clients can set up online banking for easy management of their trading activities.

By following these steps, clients can successfully open a trading account with Cathay United Bank and begin their trading journey.