e-Passbook application has become more powerful with the inclusion of more local banks
Just before Year 2022 arrives, TDCC established new partnerships with four local banks, namely Chang Hwa Bank, Taipei Fubon Bank, SinoPac Bank and E. Sun Bank for its e-Passbook application, bringing the total number of collaborating banks to eleven in a bid to provide more powerful asset management services to investors, which is also in line with the government’s financial inclusion policy.
Given the government’s “Open Banking” policy, in April 2021, TDCC officially launched a bank linkage function in its e-Passbook application, which operates via an open application programming interface (API) to help users manage their securities, mutual funds and bank assets. Currently, the e-Passbook application has established linkage with eleven leading local banks, including Taiwan Cooperative Bank, First Bank, Hua Nan Bank, Chang Hwa Bank, Taipei Fubon Bank, Cathay United Bank, Mega Bank, Yuanta Bank, SinoPac Bank, E. Sun Bank and CTBC Bank. Upon completion of ID verification with banks and selection of services, e-Passbook users will have access to an overview of account statement across different banks, which is very convenient and highly appreciated by most users.
TDCC’s Eric Hsu, Senior Vice President of Equity Services, said almost 3 million e-Passbook users have the access to the bank linkage function, and users have on average sent nearly 500k inquiry requests per month to collaborating banks. TDCC will continue the additions of collaborating banks. Since the launch of e-Passbook more than four years ago, the application has evolved from a mere securities account passbook to a cross-asset and cross-account, integrated asset management platform. Investors are encouraged to check out new features and make the most of the application.
Link to TDCC’s promotional video: https://youtu.be/yEwI3HJ3488
For more information, please visit the e-Passbook website at http://epassbook.tdcc.com.tw