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Home  »  South African Reserve Bank  »  Bank of Taiwan South Africa

Bank of Taiwan South Africa

Bank of Taiwan
 

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 its formative years, the BOT managed the business of the national treasury, issued currency in the Taiwan area, and carried out many of the functions of a central bank. Following restoration of the CBC in Taiwan in July 1961, however, the BOT switched its primary emphasis to general banking.

Bank of Taiwan South Africa Branch was established on the 2nd of April 1992, in Johannesburg, with a full banking license and a global correspondent banking network. Therefore it is able to provide a diversified and comprehensive service to all its clients whether corporate or individuals. The main operational goals of Bank of Taiwan are to connect two financial markets of Taiwan - South Africa. Bank of Taiwan will serve every long-term capital of Taiwanese enterprises which invest in Africa.

 
 

Bank of Taiwan provided full and perfect financial service packages for Taiwanese enterprises that invest in South Africa and other economic sectors in South Africa market, contributing to the development of South Africa economy.

 
  Bank of Taiwan
Category : Branches of Foreign Banks
SWIFT Code : BKTWZAJJ

Address :
11, Cradock Ave
Rosebank 2196

Telephone : +27 11 880 8008

Website :  www.bot.com.tw

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The Reserve Bank is responsible for bank regulation and supervision in South Africa. The purpose is to achieve a sound, efficient banking system in the interest of the depositors of banks and the economy as a whole. This function is performed by issuing banking licenses to banking institutions and monitoring their activities as regulated by the Banks Act (No. 94 of 1990) and the regulations relating thereto.
 

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