Far Eastern International Bank cooperates with MasterCard to launch the first new cross-border remittance service "full speed remittance" in Taiwan

        According to the 2022 Cross-border Payment Report of MasterCard, 63% of the people have cross-border remittance needs, and 40% of the people have been living inconveniently because of the inability to make immediate remittance. In order to solve the three major pain points of cross-border remittance, such as slow speed, high remittance fee, and difficulty in tracking, Far Eastern International Bank and MasterCard cooperated to launch the first 24-hour cross-border rapid remittance in Taiwan - "Far Eastern International Bank full speed remittance". From January 4 to March 31, 2023, the minimum service charge is NTD188. Every transaction with successful cross-border remittance will enjoy the lottery opportunity of round-trip air tickets from Taiwan to the remitting country (1 person). Welcome to experience.

                "Far Eastern International Bank Full Speed Remittance" has four major features, namely: "good convenience" (365 days/24 hours full time remittance), "good speed" (only a few seconds to enter the account at the fastest), "good control" (App can view the progress in real time), "low cost" (the service charge during the promotion period is NTD188), which connects various financial application scenarios for customers to create cross-border remittance services with speed, accuracy and timeliness, Effectively solve customer pain points.

        As a pioneer of digital innovation, Far Eastern International Bank Thomas Chou President pointed out that "Far Eastern International Bank has deeply cultivated and laid out various digital financial innovations. In recent years, it has successively launched the only" online large-value exchange combined with O2O online and offline financial transaction service "in Taiwan, the first" mobile phone number inter-bank transfer - binding multiple financial accounts ", the first Bankee community bank, the first P2P and HR human capital financial ecosystem "Far Eastern International Bank full speed remittance", the next city of innovation. " Chen Yiwen, President of MasterCard Taiwan, also said: "Through the global cross-border remittance service of MasterCard, we provide instant payment between individuals and enterprises at the bank end, connect more than 100 markets around the world and support the exchange of more than 60 currencies, so as to provide a safer and more efficient transaction network for Taiwan consumers and enterprises."

        "Far Eastern International Bank Full Speed Remittance" helps customers solve the pain points and breakpoints of cross-border remittance. For example, it helps overseas purchasing agents to keep track of the transaction progress, solve the problem of the delayed arrival of funds from overseas investment groups, and also reduces the considerable transaction fees derived from frequent cross-border remittance for the parents of overseas students, while meeting the needs of other groups with overseas remittance needs.

        This service can be operated in Far Eastern International Bank App, and the original currencies of the United States, Germany, Britain, Australia, Singapore, Hong Kong, Japan and other countries can be remitted. Click "Full Speed Collection" in the App function list to complete the device verification settings; Step 2: Select the receiving country/currency and enter the export information; "Step 3". Confirm the transaction content to complete the transaction. After completion, you can also query and track it. The "Far Eastern International Bank" was launched on January 4, 2023. People are welcome to experience faster, cheaper and transparent new financial services.

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