Major Changes to Post Office Account 'One-Stop Service'! Rolled Out Nationwide Today – Full Impact of New Rules Explained

Chunghwa Post and Fundrich Securities, Taiwan's largest online fund trading platform, today (3rd) announced a comprehensive upgrade to digital financial services. Starting immediately, individuals opening a fund investment account through Fundrich can now directly set up their 'Postal Savings Account' as the payment and receipt account online—officially ending the previous cumbersome process of paper forms and physical document mailing. This move not only significantly shortens account opening waiting times but also saves investors cross-bank transfer fees when redeeming funds or receiving dividend payouts, enabling all post office users across Taiwan to enjoy seamless inclusive financial services.

No more branch visits or paper forms! Chunghwa Post teams up with Fundrich to streamline online investment services with 'account deduction + no transfer fees' in one go.

Fundrich Chairman Lin Bing-hui stated that Chunghwa Post's service network covers all townships across Taiwan and its outlying islands, making it the financial institution with the highest coverage and deepest infrastructure in the country, and the starting point for many people's financial habits. However, previously, using a post office account for fund deductions required filling out paper forms and mailing physical documents for seal verification—a process that was both complicated and time-consuming.

With Chunghwa Post joining the Taiwan Central Depository & Clearing Corporation (TDCC) as a participating bank for payment services in July, Fundrich has actively introduced an 'online seal verification account' mechanism. Starting today, investors can complete the setup of their post office account for deductions directly online via Fundrich's official website or mobile app, eliminating the time cost of mailing paper documents.

Upgrade financial services at zero cost! Open 'Online Post Office' without visiting a branch.

To support this digital financial upgrade, Chunghwa Post reminds customers: if you already have a post office account but have not yet activated the 'Online Post Office' function, a 'no-branch-visit application' service is now available. Simply follow these three easy steps:

1. Apply online: Visit the Chunghwa Post official website, select 'Online Services' > 'Apply for Online Post Office', and enter your personal information. 2. Obtain activation code: After completing the information input, the system will provide a one-time activation code. 3. ATM verification: Insert your postal financial card at any post office ATM and enter the activation code to successfully activate the Online Post Office function.

Once activated, you can immediately set up your post office account on the Fundrich platform for fund purchase and redemption deductions.

Save on redemption and dividend transfer fees! Cross-sector collaboration creates a 'zero-distance finance' environment.

Chairman Lin emphasized that this service upgrade not only enhances convenience in account setup but also directly saves investors transfer fees when redeeming funds or receiving dividend payouts—achieving multiple benefits at once. Fundrich aims to create a user-friendly 'zero-distance finance' environment through cross-sector collaboration with Chunghwa Post, encouraging more people accustomed to using post office accounts to experience the flexibility and convenience of online self-directed investing. Going forward, Fundrich will continue to deepen cooperation with major financial institutions, optimize platform functions, and integrate diverse channels to jointly promote inclusive finance.

Chunghwa Post × Fundrich Online Account Setup: Key Changes

| Item | Previous Process | New Online Service | |------|------------------|---------------------| | Account Setup Method | Required paper forms and physical document mailing for seal verification | Fully online (direct setup via website or app) | | Processing Time | Time-consuming; required several business days for mailing and review | Instant online seal verification, significantly reducing account opening time | | Transaction Fee Benefits | Transfer fees may apply depending on the bank | Save on transfer fees for redemption and dividend payouts | | Online Post Office Activation | Required in-person branch visit | No-branch visit (apply for activation code online + ATM verification) |