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Article 33-2
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If the fixed-price or competitive bid transaction contemplated by a quote for securities borrowing is not executed, then upon application by the borrower, the TWSE shall return the collateral furnished by the borrower in the following manner:
- In the case of cash, a money transfer will be made on the next business day directly into a bank account designated by the borrower. A foreign currency collateral shall be returned in the original foreign currency, and the borrower may not apply for converting said collateral into New Taiwan Dollars.
- In the case of collateral securities, a notice will be given to the central securities depository to transfer the collateral securities from the TWSE custodial account exclusively used for collateral securities against securities borrowing, back to the borrower's CSDaccount.
- In the case of a bank guarantee, on the next business day, the original guarantee documentation will be returned to the borrower, or the borrower may apply on the Blockchain Platformthrough the bank for return, subject to approval by the TWSE in reply.
- In the case of book-entry central government bonds, if they were provided as collateral through creation of a pledge, the creation of the pledge will be deregistered on the current day, or if they were provided as collateral through transfer of ownership, a notice will be given to the clearing bank to register a re-transfer in favor of the borrower.
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