Taiwan accounts: upcoming changes to ACH payments and files

Last updated: 25 November 2019

Beginning 9 December 2019, your Taiwan ACH payments will support longer ‘Beneficiary account number’ and ‘Narrative‘ fields for both on-screen ACH payments and payment files submitted using the HSBCnet File Upload or HSBC Connect services.

What does this mean for me?

On 9 December, the ‘Beneficiary account number‘ field will be increasing to 16 digits, and your ‘Narrative‘ field will increase to allow up to 40 characters.

For ACH payment files:
- If you make ACH payments using the TAIWAN ACH file formats in Taiwan, please contact your Client Services representative to obtain the Message Implementation Guides (MIGs) for file formatting.

Note: If you submit ACH payment files in the iFile, Paymul, or XML formats, you won’t need to make any changes.

For on-screen ACH payments:
- You can enter a beneficiary account number up to 16 digits and a narrative up to 40 characters.

	On-screen ACH payment field length changes
Field name	Current field length	Field length beginning 9 December
Beneficiary account number	14 digits	16 digits
Narrative	20 characters	40 characters

Find out more

If you have any questions please contact your local HSBCnet Support Centre. To obtain Message Implementation Guides (MIG) for file formatting, please contact your Client Services representative.