When a depositor makes a first deposit, the branch office that receives it should (depending upon the type of deposit) issue a postal savings passbook or a receipt to the depositor as an evidential document.

In the event that the evidential document or seal is lost, the account holder is required to report the loss and file to halt payments with Chunghwa Post. Before these actions are formally completed, Chunghwa Post shall not be held responsible for any withdrawals taken from the account so long as it has acted in accordance with established procedures and has not been negligent in carrying out its responsibilities, even if a withdrawal has been made by an imposter.

The Negotiable Instruments Act shall apply to checks handled by Chunghwa Post in connection with its postal giro accounts.

（Deleted）

Postal savings capital may be used in the following ways:
1. Redeposited with the Central Bank of China.
2. Redeposited with financial institutions other than the Central Bank of China.
3. Invested in government bonds, corporate bonds, financial debentures and short-term bills and notes.
4. Invested in beneficiary certificates as well as exchange-listed and over-the counter stocks.
5. Participation in the interbank call loan market.
6. Used as mid- and long-term capital for major government projects and government-approved private projects via deposits in other financial institutions.
7. Any other method approved by the MOTC, FSC and CBC.
The MOTC, FSC and CBC shall jointly formulate measures concerning the upper limits of investment, investment objectives, as well as restrictions and management of other transactions involving subparagraph 3 of the preceding paragraph.
The MOTC shall join the FSC in formulating the restrictions and management measures specified under subparagraph 4 of paragraph 1 hereof.

There is a limit of one passbook savings account per person or per civic body.
Subject to approval by the MOTC, FSC and CBC, Chunghwa Post may set an upper deposit limit for generating interest in passbook savings accounts. Total deposits in excess of the upper limit shall not generate interest.
This restriction shall not apply to government agencies, self-governing bodies or non-profit organizations.

Interest earned from a postal savings account shall be tax exempt.