Union Bank of Taiwan Account Type

Union Bank of Taiwan offers various financial services, including deposits, loans, credit card services, wealth management, and securities trading. However, it is important to note that Union Bank of Taiwan operates as an unregulated broker. As such, potential clients should be aware of the high risks involved. The bank provides access to a range of financial instruments, including forex, CFDs, commodities, and indices. The specific types of accounts available may not be explicitly detailed, but generally, banking institutions like Union Bank of Taiwan offer standard accounts, savings accounts, and possibly multi-currency accounts.

Union Bank of Taiwan Broker Account Opening Process

Opening an account with Union Bank of Taiwan involves several steps:

• Eligibility Requirements:
• Applicants must be at least 20 years old.
• Proof of a fixed place of residence in Taiwan is required.
• Documentation Needed:
• A valid passport.
• An Alien Resident Card (ARC) or a record of ID number in the Republic of China (ROC).
• Minimum deposit amount (varies by account type).
• Application Process:
• Visit the nearest Union Bank branch in person.
• Present all required documentation.
• Complete the account application form.
• Deposit the required minimum amount to activate the account.
• Account Activation:
• If all documents are in order, the account can typically be opened on the same day.
• Contact Information:
• For inquiries, potential clients can reach Union Bank of Taiwan at +886 (02) 2545-1788.

It is advisable to check with the bank directly for specific account types and their respective requirements, as well as any updates on the application process.