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BackLINE Bank beckons to the "first bank", open an account online in 16 minutes and receive a 10,000 yuan gift package
LINE Bank beckons to the "first bank", open an account online in 16 minutes and receive a 10,000 yuan gift package
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自由时报17 minutes agoBusiness2 min readChinaView original

LINE Bank beckons to the "first bank", open an account online in 16 minutes and receive a 10,000 yuan gift package

LINE Bank joins hands with Taiwan Mobile to launch the "OP Store Opening Package". Apply before February 28, 2027 to enjoy a discount of up to NT$13,269

Quick Look

  • LINE Bank's corporate online account opening service has attracted more than a thousand companies to apply for bank accounts in just 3 months since its launch.
  • It has launched an exclusive "OP store opening package" with Taiwan Mobile.
  • Those who apply before February 28, 2027 can enjoy a discount of up to NT$13,269.

AI-generated summary

Why It Matters

LINE Bank has firmly established itself as the leader in pure online banking with more than 2.42 million accounts. It has recently entered into corporate financial services, focusing on full online account opening, 24-hour fund scheduling and high-interest deposits. It has also cooperated with Taiwan Mobile to launch OP store opening package discounts.

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Only 3 months after LINE Bank launched online corporate account opening, it attracted more than a thousand companies to apply for bank accounts (provided by the industry)

[Reporter Li Jinghui/Reported from Taipei] After LINE Bank has firmly established itself as the leader in pure online banking with more than 2.42 million accounts, it has further stepped into corporate financial services, beckoning to the majority of "firsts" to welcome the Double 11 operating season, LINE Bank announced today (11th) that it has joined hands with Taiwan Mobile to launch an exclusive "OP Store Package" discount. Apply before February 28, 2027, and provide the first three months of mobile local calls and the first month of free broadband. During the service period, a monthly bonus of "myBZ+ My Store" worth NT$399 will be given. The total discount value for 27 months is up to NT$13,269, and free marketing resources will be provided for the first store.

LINE Bank has rushed into corporate financial services, focusing on "full online account opening, 24-hour fund scheduling, and high interest deposits." It has been online for only 3 months and attracted more than a thousand companies to apply for bank accounts. LINE Bank observed that the first wave of applicants were mainly companies from Shuangbei and Taichung. Because the metropolitan area attaches great importance to digital efficiency, the majority of applicants are small and medium-sized enterprises and start-up companies, but the customers include enterprises of all levels and sizes.

LINE Bank pointed out that the enterprise finance service focuses on "as fast as 16 minutes" from account opening application to completion of video verification, and fund scheduling is open 24 hours a day. The internal investigation also found that applications, document submissions and account opening can all be completed online with "no minimum capital limit" and transfers can be made immediately after approval; funds and salary management needs are supported 24 hours a day, all year round, with "LINE real-time notification" for each transaction; salary can be transferred through a bank account or "LINE friend account" salary, scheduled salary payment; for salary transfers starting from 3 employees, employee accounts enjoy 0.885% of Taiwan dollar live savings, and 30 cross-transfers and 5 cross-withdrawals per month are free of handling fees; corporate accounts enjoy unlimited NT$ living interest rates of 1.5%, and 30 cross-bank transfers per month are free of handling fees. These conditions have become the most important incentives to attract corporate customers to move.

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What to Watch

AI outlook — possibilities, not facts

  • LINE Bank corporate financial services will continue to attract more small and medium-sized enterprises and new startups to apply for account openings

    Likely · Within months

Open Questions

  • What is the specific number and activity of LINE Bank corporate financial services accounts?
  • Are there any other restrictions on the specific application conditions and details of the OP store package discount?

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This article was originally published by 自由时报.

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