Export-Import Bank of the ROC (TEBC)
Last updated on 27 Feb 2024

Key facts


A government-owned bank with the aim of facilitating the export and import trade of Taiwan.

8F, No. 3, Nanhai Road
Taipei 10066
Taiwan (Republic of China)

+886 2 2321 0511

www.eximbank.com.tw
PUBLIC
1979
Credit rating (sovereign) (Fitch)
AA
Foreign currency

Berne Union

Authorizations, exposure, and country export data


2022 top export sectors

Electronics
33%
Information, communication products
11%
Base metals
9%
Machinery
8%
Plastics and rubber
7%

2022 export destinations

North America

17 %

Europe

11 %

Oceania

1 %

Africa

1 %

Latin America

1 %

Asia

69 %

Financing modalities


`
Up to 95%
Up to 95%
`

Products


  • Insurance provided to Taiwanese exporters of foreign buyer issuing bank L/Cs
  • Eligibility:
    • Products manufactured or assembled in Taiwan
    • Technical services exported in accordance with government laws
    • Goods purchased from Taiwanese exporters but shipped from abroad
  • Eligible applicants: Taiwanese firms that have obtained foreign L/Cs, export contracts, or purchase orders acceptable to Eximbank
  • Tenor: Up to 1 year
  • Credit amount: Equal to L/C of issuing bank
  • Currency: TWD, USD, and acceptable currencies
  • Repayment: Lump sum at maturity
  • Repayment guarantee:
    • The acceptance draft of issuing bank, or the SWIFT notice to confirm payment date of issuing bank
    • Any form of security approved by Eximbank
  • Insurance to Taiwanese exporters
  • Insured Amount: Up to 90% of invoice value net of 15% down payment on or before delivery
  • Insurance period: From the date of shipment of equipment or rendering of technical services to the date of full repayment
  • Premium: Charged on a case-by-case basis, taking the insurance period, importing countries’ economic and political conditions, and guarantees into account
  • Provides financing for foreign buyers of Taiwan-made machinery and capital equipment
  • Eligible applicants: Registered manufacturers, engineering companies, or trading companies in Taiwan
  • Cover: Maximum 85% of contract value
  • Policy mechanics:
    • Taiwanese supplier obtains funds directly after delivery of goods
    • Foreign buyer provided term financing if it makes a 15% down payment before shipment
  • Tenor:
    • Up to 10 years from shipment date for turnkey plant, full-line equipment, single machine, or other capital goods
    • Up to 3 years for all other products
    • Grace period of 6 months following shipment
  • Interest rate: Fixed-rate
  • Currency: TWD, USD, or acceptable foreign currencies
  • Repayment guarantee: The foreign buyer must provide guarantee by a foreign financial institution approved by Eximbank
  • Export insurance:
    • Exporters should be covered by the medium and long-term deferred payment insurance from Eximbank
    • Policies endorsed and transferred to Eximbank
  • Assists local manufacturers in expanding to foreign markets—Eximbank provides manufacturers the required bid bonds, performance bonds, advance payment bonds, and other related export guarantee approved by Eximbank
  • Eligible applicants: Duly registered local manufacturers, trading companies, or engineering companies in Taiwan
  • Conditions for guarantee:
    • Method of guarantee: Issuance of letter of guarantee or standby L/C
    • Guarantee amount: Determined on a case-by-case basis by Eximbank depending on the applicant’s transaction contract
    • Guarantee fee rate: Determined on a case-by-case basis depending on the guarantee amount, guarantee period, and customer credit
    • Currency: Based on the currency stipulated in the transaction contract
    • Security: Collateral or guarantor approved by Eximbank
  • Product designed to help local manufacturers import machinery, equipment, foreign technology, and industrial raw material
  • Eligible applicants: Taiwanese registered manufacturers, engineering companies, or trading companies
  • Eligible products:
    • Foreign precision instruments or equipment
    • Foreign technology
    • Industrial raw material
    • Raw material, machinery parts, or spare parts specifically manufactured for export
  • Tenor:
    • Up to 10 years for the import of precision instruments and equipment or foreign technology
    • Up to 3 years for financing of raw material or spare parts
  • Credit amount: Up to 85% percent of the total import value
  • Currency: TWD and USD
  • Repayment: Installments or in lump-sum on final maturity
  • Repayment guarantee: Security approved by Eximbank
  • Direct financings for overseas investment, overseas construction, domestic major public construction, infrastructure projects, shipbuilding, technology exports, international accounts receivable factoring, and general export credit
  • Insurance services for comprehensive documents against payment (D/P) and documents against acceptance (D/A) export, comprehensive open account (O/A) export, SME safety export, GlobalSure, L/C, overseas investment, and overseas construction
  • Other performance bonds (guarantee) services for overseas construction, domestic major public construction and infrastructure projects, and shipbuilding
  • Relending facility: Bank-to-bank arrangement through which EXIMBANK extends credit lines to local and foreign financial institutions who in turn relend funds to their clients for the importation of capital goods or consumer goods from Taiwan exporters

Policies


  • Participation in the USA PATRIOT Act
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