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What is an "investor custodian bank"? Which banks offer this service?
An "investor custodian banks" refers to a bank responsible for settlement of payments as well as bill clearing and settlement for the investor. Currently, there are 16 banks which provide such services and they include Mega International Commercial Bank, Bank of Taiwan, Land Bank of Taiwan, Taiwan Cooperative Bank, First Commercial Bank, Hua Nan Commercial Bank, Chang Hwa Bank, Shanghai Commercial and Savings Bank, Cathay United Bank, Taiwan Business Bank, E.SUN Commercial Bank, Taishin International Bank, Bank SinoPac, CTBC Bank, Citibank (Taiwan), and JPMorgan Chase Bank. Among them, 13 banks offer settlement services in foreign currencies and they include Mega International Commercial Bank, Bank of Taiwan, Hua Nan Commercial Bank, Taiwan Cooperative Bank, Cathay United Bank, First Commercial Bank, Taiwan Business Bank, Chang Hwa Bank, Citibank (Taiwan), JPMorgan Chase Bank, Bank SinoPac, E.SUN Commercial Bank, and CTBC Bank.