Mega International Commercial Bank CO., Limited products, services and reviews

About Mega International Commercial Bank CO., Limited

Mega International Commercial Bank Co., Ltd. is a Taiwan-based commercial bank and core subsidiary of Mega Financial Holding Co., Ltd. (listed on the Taiwan Stock Exchange under 2886), created in 2006 through the merger of International Commercial Bank of China and Chiao Tung Bank. Headquartered in Taipei, the bank runs a sizable domestic branch network and maintains overseas branches and offices in key financial centers across Asia, North America, and Europe to support cross-border trade and corporate banking. Its business mix centers on corporate lending, trade finance (letters of credit, documentary collections, supply chain finance), remittances, foreign exchange, cash management, and syndicated loans, alongside retail services such as deposits, consumer credit, mortgages, cards, and wealth management; it also offers online and mobile banking and a corporate e-banking platform, plus treasury and markets services for hedging and liquidity. The bank is supervised by Taiwan’s Financial Supervisory Commission, with New Taiwan dollar deposits protected by the Central Deposit Insurance Corporation up to NT$3 million per depositor per institution; overseas units are subject to host-country regulators. In August 2016, its New York branch agreed to a US$180 million civil penalty with the New York State Department of Financial Services over anti-money-laundering compliance deficiencies, after which the bank reported remediation measures. Fees, interest rates, and product availability vary by jurisdiction, and account opening generally requires standard know-your-customer documentation; acceptance of nonresident clients may be limited in some markets. The institution positions itself as a transaction-focused bank for Taiwanese and multinational corporates active in Asia–US–Europe trade corridors while maintaining a full-service retail offering in its home market.