The Cabinet yesterday announced it would limit monetary transfers made through automatic teller machines (ATM) to NT$30,000 a day after the government came under fire for the Ministry of the Interior's (MOI) announcement that the limit would be set at NT$10,000 a day.
Speaking on behalf of Premier Frank Hsieh (
Starting from June 1, money transfers will be limited to NT$30,000 a day, the statement said. However, transfers for utility payments, tax payments and for specially designated payments or bank accounts will not be restricted.
The MOI the FSC and the Cabinet began receiving a deluge of complaints about the previously proposed restriction of NT$10,000, which had been scheduled to take effect on April 20 due to an increasing number of ATM fraud cases.
"We support our fellow Cabinet members' efforts to stop the fraud cases. However, we must also pay attention to the voice of the people," Cho said.
"The premier said that the previous announcement by the MOI and the FSC was not well organized before it was made public, and that Cabinet members should be more careful in the future."
Cho said that Hsieh held a meeting with related Cabinet members and decided to re-consider the limitation yesterday afternoon.
"Statistics show that most of the ATM money transfers -- about 84.53 percent of them -- are under NT$30,000. As a result, we decided to put the new limitation at NT$30,000 so it will not bother too many people," Cho said.
In the meantime, Cho also encouraged the public to sign up for automated bill payments.
"If everybody signs up for automatic payments, all our monthly bills will be taken care of automatically, and it will save us a lot of difficulty as well," he said.
In the meantime, Kong said that making life more convenient for people will always be a priority for the government, so he would also ask local banks to mail related documents to their clients so they will be able to sign up for automatic payments.
"Long lines are expected at local banks once the new limitation takes effect," Kong said. "To save more time for everybody, we will ask banks to do the registration by mail."
Su said it was definitely necessary to impose the new limitation on ATM money transfers because the police had received reports of approximately 110 fraud cases, totalling NT$300 million, per day involving transfers.
"Police investigations show that most of the suspects of ATM fraud cases committed crimes in China. Unfortunately, we can do nothing about this at the moment, since we do not have jurisdiction in China," Su said.
"For our part, we will keep working on a plan to work with Chinese law enforcement officers so we will be able to arrest these people and bring them back for trial in the future."
Japan has deployed long-range missiles in a southwestern region near China, the Japanese defense minister said yesterday, at a time when ties with Beijing are at their lowest in recent years. The missiles were installed in Kumamoto in the southern region of Kyushu, as Japan is attempting to shore up its military capacity as China steps up naval activity in the East China Sea. “Standoff defense capabilities enable us to counter the threat of enemy forces attempting to invade our country ... while ensuring the safety of our personnel,” Japanese Minister of Defense Shinjiro Koizumi said. “This is an extremely important initiative for
Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文) today accepted an invitation from Chinese President Xi Jinping (習近平) to lead a delegation to China next month, saying she hopes to promote the peaceful development of cross-strait relations and bring stability to the Taiwan Strait. “I am grateful and happy to accept this invitation,” Cheng said in a statement from the KMT chairperson’s office. Cheng said she hopes both sides can work together to promote the peaceful development of cross-strait relations, enhance exchange and cooperation, bring stability to the Taiwan Strait and improve people’s livelihoods. At today's news conference, Cheng said any efforts to
MORE POPULAR: Taiwan Pass sales increased by 59 percent during the first quarter compared with the same period last year, the Tourism Administration said The Tourism Administration yesterday said that it has streamlined the Taiwan Pass, with two versions available for purchase beginning today. The tourism agency has made the pass available to international tourists since 2024, allowing them to access the high-speed rail, Taiwan Railway Corp services, four MRT systems and four Taiwan Tourist Shuttles. Previously, five types of Taiwan Pass were available, but some tourists have said that the offerings were too complicated. The agency said only two types of Taiwan Pass would be available, starting from a three-day pass with the high-speed rail and a three-day pass with Taiwan Railway Corp. The former costs NT$2,800
The nation’s fastest supercomputer, Nano 4 (晶創26), is scheduled to be launched in the third quarter, and would be used to train large language models in finance and national defense sectors, the National Center for High-Performance Computing (NCHC) said. The supercomputer, which would operate at about 86.05 petaflops, is being tested at a new cloud computing center in the Southern Taiwan Science Park in Tainan. The exterior of the server cabinet features chip circuitry patterns overlaid with a map of Taiwan, highlighting the nation’s central position in the semiconductor industry. The center also houses Taiwania 2, Taiwania 3, Forerunner 1 and
RSS