Monday 29 December 2008

TAIWAN: Cross-strait postal remittance service to begin in mid-February

TAIPEI, Taiwan -- Two-way postal remittance services between Taiwan and China will begin in mid-February after the Lunar New Year holiday, with Citibank New York serving as the intermediary bank, Chunghwa Post Co. officials said yesterday.

A spokesman for Chunghwa Post noted that one of four agreements signed Nov. 4 in Taipei between Taiwan's semi-official Straits Exchange Foundation and its Chinese counterpart — the Association for Relations Across the Taiwan Straits — allows Taiwan and China to begin direct mail and postal remittance services. Read more

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