NT$10,000 Universal Cash Payment Deadline April 30th; 400,000 Unclaimed, Over 30,000 Failed Transfers

Deputy Director-General Ma Hsiao-hui of the Ministry of Finance's National Treasury Administration stated at a regular press conference today that as of March 31st, over 30,000 people who chose direct deposit might have failed to receive the payment due to inconsistencies between their financial institution account number and ID number or residence permit number, closed accounts, or accounts being flagged as warning accounts or derivative control accounts. These individuals have not claimed the payment through other means.

Ma Hsiao-hui reminded those who chose direct deposit or were directly deposited to check their passbooks or confirm the payment via online banking or mobile banking. If the payment has not been received, please re-register for direct deposit and confirm successful transfer, or choose ATM withdrawal or post office collection before April 30th to ensure your right to receive the payment.

Ma Hsiao-hui added that for newborns born in Taiwan between April 1st and April 30th this year with a birth certificate, whose birth mother or father meets the eligibility criteria, the deadline for claiming is May 22nd this year. For all other eligible individuals and newborns born before the end of March this year, the claiming deadline is April 30th this year. Payments will not be available after the deadline.

According to statistics from the Ministry of Finance's National Treasury Administration, as of March 31st this year, 23.16 million people have received the NT$10,000 universal cash payment through various channels, with a claiming rate of 98.29% of the estimated population. Among the claiming methods, direct deposit accounted for the most with 8.99 million people (38.83%), followed by ATM withdrawal with 6.24 million people (26.94%), direct deposit (automatic) with 4.58 million people (19.76%), post office collection with 3.29 million people (14.23%), and registered distribution with 60,000 people (0.24%).

The Ministry of Finance's National Treasury Administration explained that the government will not actively send SMS messages or emails to notify people about claiming money or registration, nor will it actively call to request ATM or online banking transfers. Citizens are urged to remain vigilant and not trust unknown messages to avoid personal information theft or fraud. (Editor: Huang Kuo-lun) 1150409