Taiwan eACH

Why choose DBS eACH?

eACH (Enhanced Automated Clearing House) is a 24x7 instant TWD funds transfer service in Taiwan.

With eACH, we help you fulfill payment in real-time basis with no limits for cutoff time. Compared to traditional IBRS, eACH lowers the transaction fee and improves your cash management efficiency.

You may also leverage on eACH to initiate direct debit transasction to proactively collect payment from buyers instead of passively waiting.

If you face the challenge of finding an optimized solution for daily payment, eACH is the best option you could look into.

Features & benefits

Fast

Real-time transactions and reconciliation

Safe

Reduce risks associated with issuing cheques and handling cash transactions

Dependable

Available 24x7, including on public holidays

Convenience

You would enjoy the convenience from multiple API integration, such as: eACH and Inward Credit Confirmation. For instance, you can enjoy instant collection and receive automatic Inward Credit Confirmation immediately

How to apply

Please call us at 02 6606 0302 (or +886 2 6606 0302 if you are overseas) and we will arrange for a Relationship Manager to assist you.

FAQs

	Do I need to have a DBS Business Account to use eACH service?
	Yes, you need to have a Business Account with us in order to use this service. Also, in the consider of information security, we offers IDEAL Connect & IDEAL RAPID as the transaction instruction channel, you will need to onboard one of these channels to initiate transaction.

	Does all the bank support eACH service?
	Currently there are 22 banks provide eACH service, most of the major banks have been able to support as recipient bank. For the full list, please reach out to TWNCH's public website for latest information or contact us.

	Is eACH easy to be integrated with ERP system?
	Yes, we offer eACH service with API functionality, which is easily to be integrated, the return message of transaction status will be sent to ERP within 45 seconds, which means for every transaction, the end to end handling is automatic and agile.

	What personal information should I provide within the instruction?
	Instead of beneficiary name which easily caused transaction getting rejected, eACH requires personal/corporate ID as the key value to verify beneficiary's identity.

	Why should I consider eACH service?
	If you are looking to embrace digitization for your enterprise, API solution is crucial as it enables the probability to strengthen service level, especially for insurance & e-commerce industry. For detailed solutioning, please contact us or your corresponding relationship manager directly.

Get in touch

Need help? Make an online enquiry or get in touch with BusinessCare.

Make an online enquiry

Call

+886 2 6606 0302
Operating hours: 8.30am to 6.30pm, Mon - Fri (excluding PH)