./. RESTRICTED  WORLD TRADE  
ORGANIZATION  WT/ACC/SPEC/TPKM/3/Rev.2/Add.1 
20 April 1999 
 (99-1578) 
Working Party on the 
Accession of Chinese Taipei Original:   English 
 
 
  
ACCESSION OF CHINESE TAIPEI 
 
Specific Commitments on Services
 
 
Addendum  
  The following table comparison between documents WT/ACC/SPEC/TPKM/3/Rev.1 and WT/ACC/SPEC/TPKM/3/Rev.2  has been received fr om the Representation of the Separate Customs 
Territory of Taiwan, Penghu, Kinmen and Matsu (h ereinafter referred to as "Chinese Taipei"). 
  
_______________  WT/ACC/SPEC/TPKM/3/Rev.2/Add.1 
Page 2 
 
 
Sector and subsector  
WT/ACC/SPEC/TPKM/3/Rev.1 
  
WT/ACC/SPEC/TPKM/3/Rev.2 
 
B.  Banking and Other 
Financial Services 
(excluding insurance, 
securities and futures) 
 
 All services listed in 
this subsector 
  
Limitation on Market Access  
(2) None, except for the solicitation and marketing 
activities in the territory of Chinese Taipei by non-resident financial service providers and those services 
provided by institutions not authorised or licensed as 
required by the law of the member of the services providers.  
Limitation on Market Access
 
(2) None, except:  1 – that solicitation and marketing 
activities in the territory of Chinese Taipei by non-resident financial services providers is prohibited;  2 – 
financial services consumed abroad have to be permitted 
in the jurisdiction where they are consumed. 
 Additional commitments  
As of 1 January 2000, Chinese Taipei will permit the 
opening, at customer request, of deposit accounts abroad 
and the transfer of funds to these accounts under terms 
and conditions similar to that  which apply in Canada and 
pursuant to the prudential regulations of competent 
authorities of Chinese Taipei. Additional commitments  
As of 1 January 2000, Chinese Taipei will permit the 
opening, at customer request, of foreign currency deposit 
accounts abroad and the transfer of funds to these 
accounts pursuant to the prudential regulations of competent authorities of Chinese Taipei. 
 Specifically, this means that Chinese Taipei residents will 
be permitted to seek information from the local branch of 
foreign banks on opening accounts abroad.  The local branch of the foreign banks will be allowed to provide 
information upon request, including application forms and 
to provide information on filling out such forms.  The application forms have to be sent directly by the customer 
to the parent bank outside Chinese Taipei for processing 
and approval.  The foreign bank will not be permitted to 
solicit such business throu gh any channels, including 
advertising, promotion or the posting of information in 
the Chinese Taipei. Specifically, this means that Chinese Taipei residents will 
be permitted to seek information from the local branch of 
foreign banks on opening accounts abroad.  The local branch of the foreign banks will be allowed to provide 
information upon request, including application forms and 
to provide information on filling out such forms.  The application forms have to be sent directly by the customer 
to the parent bank outside Chinese Taipei for processing 
and approval.  The foreign bank will not be permitted to 
solicit such business throu gh any channels, including 
advertising, promotion or the posting of information in 
Chinese Taipei. 
 
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