Anyone who needs to inquire about the financial heritage of a deceased relative (e.g., deposits, stocks, life insurance policies, mutual funds, credit reports), they can also fill in the application form when they apply for the property records of the deceased relative at any branch/office of the National Taxation Bureau (NTB) starting from July 1, 2020. The first inquiry is free of charge, and the applicant will receive inquiry results within 10 working days.

The measure is a collective effort initiated by the FSC and organized by the Taiwan Financial Services Roundtable, which invited six major inquiry institutions (i.e., the Bankers Association of the R.O.C, Taiwan Depository & Clearing Corporation, Taiwan Futures Exchange, Securities Investment Trust & Consulting Association of the R.O.C., the Life Insurance Association of the R.O.C., and the Joint Credit Information Center) to take part in the collaborative effort. The National Taxation Bureau (NTB) also plays an important role as a one-stop service counter for financial heritage inquiries.

To further expand the range of matters that can be addressed in financial heritage inquires, three additional institutions (the Bureau of Agricultural Finance, the Taiwan Securities Association, and the National Federation of Credit Co-operatives R.O.C.) have recently joined the undertaking. It is expected that in the fourth quarter of this year, members of the public will be able to inquire about relatives'' deposits in credit cooperatives and in the credit department of the Agriculture and Fisheries Association, as well as their foreign securities purchased through securities dealers.

In addition to the NTB one-step service counter, the six inquiry institutions will also handle financial heritage inquiries.