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Find the best providers to send money to Taiwan

How to send money to Taiwan

Find out how to make a money transfer to Taiwan at the lowest cost in four easy steps

1. Check the TWD mid-market rate against your own currency

Making your transfer on the right day can help you save money. Monitor the evolution of the New Taiwan dollar mid-market and convert your money at a favorable moment.

2. Select the best option by comparing all providers.

Monito compares 6 money transfer companies able to send money to Taiwan, such as Covercy, Western Union, OFX, MoneyGram, Zürcher Kantonalbank. Going with the right company from the available options is the best way to save on fees and exchange rate.

3. Select the best provider based on your criteria

Do you want to transfer money to Taiwan with the cheapest option, as fast as possible or with the best rated provider?

Another important aspect is to take into account the options to pay for the transfer and receive the money. You can find money transfer providers allowing you to send the money from your bank account, others will also allow you to pay with your credit and debit cards. At the other end, in Taiwan, you often have to decide if you want the amount in TWD to be sent directly to the recipient's bank account or available for pick-up in cash at an agent location.

4. Sign up and start your money transfer with the company of your choice

It is now time to complete the sign-up form on the money transfer provider's online portal (you usually have to give some documents to prove your identity), and get started with your transfer to Taiwan.

Best rated providers to send money to Taiwan

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