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Subject: Advisory Warning for Banking on Taiwan


Author:
SSETT
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Date Posted: 01:44:08 03/30/06 Thu

Advisory Warning for Taiwan
Non-Republic of China nationals on Taiwan or the occupied islands are strongly advised to avoid opening or using banks on, or associated with Taiwan.

The following warning/advisory specifically applies to banking for all non-Republic of China nationals living, working or traveling on Taiwan or other occupied territories of the Republic of China.

The occupational authority of the Republic of China, as part of an ongoing effort to promote greater racial superiority of Republic of China nationals, decreed that non-ROC nationals with banking or financial accounts in banks or financial institutions in ROC territory, be denied access to any funds or monies locally or abroad held by banks in the territory of the Republic of China, if they do not posses a residency document (ARC) or ROC passports issued by that authority.

Non-ROC nationals who fail to withdraw monies or assets in a specified time may forfeit those accounts or assets to confiscation by the the occupational authorities without notification or re-numeration of non ROC nationals.

Further more, that same occupational government has initiated policies to arbitrarily and through extra judicial means, revoke Alien Resident Certificates (ARC) and deport from the territory any foreign national without right of appeal or judicial oversight thus, depriving minorities on Taiwan of their basic human rights and effectively stealing any assets non ROC nationals may have in local banks.
This warning/advisory specifically applies to immigrants, migrants, foreign spouses, laborers, teachers, domestic helpers, foreign engineers, business executives and dependents numbering 500,000 to 1,00,000 people or approximately 2% to 5% of the population on Taiwan who do not posses Republic of China passports or ROC national identification cards.

This advisory has been issued by SSETT the defacto foreign teachers union and advocacy group on Taiwan.

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