TWD definition
Examples of TWD in a sentence
The Applicant also needs to have an TWD demand deposit account opened with the Bank and associate it with the debit card so that amounts can be debited directly (referred to as the "direct debit account").
If the transaction amount is TWD 500,000 or more in a single transaction, the Participant must submit a Foreign Exchange Transaction Form and also provide supporting documentation to the satisfaction of the remitting bank.
Overseas spending are converted into TWD equivalents and are also subject to the limit.
In addition to being used for domestic cash withdrawal, Smart Pay and fund transfer within the boundaries and terms of the Bank's IC ATM card agreement, the card may also be used to make purchases against signature at local and overseas merchants, in which the Bank has been instructed by the cardholder to collect proceeds from the cardholder's TWD demand deposit account to fulfill the merchant's claim.
TWD deposits do not accrue interests if the holding period is less than one month.
TWD transfer functions are divided into those to designated and those to non-designated accounts.
The Bank shall display details of purchases made entry-by-entry in the cardholder's TWD direct debit passbook or electronic statements (hereinafter called "statements" which said statements shall be sent only to designated e-mail account), and make them regularly available to the cardholder.
For the transactions conducted on non-business days, the transaction amounts will be accumulated to the limit on foreign currency transfers and foreign currency exchange (excluding TWD) on the next business day.
Where the Principal has a national identity card or a foreign national or overseas Chinese alien resident certificate, the Principal may use the ATM card issued by the Bank to withdraw cash in foreign currencies from an TWD or foreign currency account at the Bank's foreign currency ATM.
For Gold Investment accounts denominated in TWD and USD, the basic unit for quotation shall be 1 gram and 1 ounce (31.1 grams) of gold respectively.