Organization : Bank of Taiwan
Facility : Internet Banking
Country : Taiwan
Website : http://www.bot.com.tw/English/BankServices/ElectronicBankingServices/BOTSSLInternetBanking/Pages/default.aspx
Internet Banking :
1. Offer the most secured data processing through Triple DES
Related : Mobile Banking Bank of Taiwan : www.statusin.org/28402.html
SSL Security Scheme :
The system adopts the advanced SSL (Secure Socket Layer) 128bits transmission encryption scheme, which has been certified by Taiwan Certificate Authority Corporation (TWCA) as the “Global Security Certification Website”.
Any inquiry and data transmission on the Internet banking will be encrypted to ensure the security.
The system meets the requirements of “Security Control Standard of Electronic Banking Services of Financial Institutions” and “Service Contract Standard for Personal Computer Banking Services and Internet Banking Services” issued by the Ministry of Finance.
Triple DES :
The user name of the Internet banking customer is composed of 16 English letters, and the password is composed of 8-16 English letters to enhance the security.
(1) To protect your interests, while logging in, the system confirms the identity of the user with “ID No.”, “user name” and “password”.
(2) The Bank will stop providing Internet banking services if you incorrectly input the user name for five consecutive times or the password for three consecutive times.
(3) The system will automatically log you out if you don’t make any transaction within five minutes.
2. Features of the Internet Banking :
A complete services of electronic financial management :
** Instant account transfer – provide the fastest and most convenient 24-hour intra-bank or inter-bank account transfer services that eliminates the time difference of capital allocation.
** Prearranged account transfer – provide the most convenient prearranged account transfer services within six months of the designated date.
** Payment of taxes and fees – provide the most complete payment services, including utility fees, phone bills, tuition and fees, credit card bills, harbor service fees, parking fees and all kinds of taxes (comprehensive income taxes, land taxes and housing taxes, etc.)
** Prearranged payment – provide prearranged payment services within six months of the designated date.
** Financial management– provide transfer service from demand deposits to time deposits account, fund application and foreign currency services.
** Financial management inquiry – provide the most complete personal account inquiry services, and the fastest exchange rate, interest rate and fund inquiry services.
** Preferential service fees – service fee is exempted for intra-bank transfer; for inter-bank transfer, the service fee is NT$5 (the original service fee is NT$17; the preferential rate ends on December 31, 2006).
** Financial calculator – provide financial calculating services of time deposits, interest withdrawal on principal deposited, club savings, non-drawing time savings, consumer loans and pension plans so that you will be able to manage your financials with just a click.
About Us :
The Bank of Taiwan (BOT) was established on May 20, 1946 as the first government-owned bank following the island’s restoration to the Republic of China in 1945. During much of its operating history, it has been under the administration of the Taiwan Provincial Government.
Following the phase out of the Taiwan Provincial Government on Dec. 21, 1998, the Bank was subsequently taken over by the central government of the Republic of China and placed under the administration of the Ministry of Finance, in accordance with the regulations on government-owned financial institutions.
BOT has been judicial person under Banking Law since 1985. Effective July 1, 2003, BOT became a corporate organization under Company Law.
In accordance with the regulations upon financial holding corporations, on January 1, 2008, Taiwan Financial Holdings was established on the basis of the share transfer .Meanwhile the Bank has become a subsidiary of Taiwan Financial Holdings.