How to send money to Taiwan
Learn how to transfer money to Taiwan with the best exchange rate in 4 easy steps
1. See if the TWD conversion rate is at your advantage
Even though the evolution of the exchange rate is uncertain, it is a good idea to monitor it so that you can optimize how much you (or your recipient) receives after the currency exchange. We advise our users to use our smart exchange rate alerts to stay updated about the TWD mid-market's evolution.
2. Find the optimal option by comparing all the available companies.
Monito lists many services to make money transfers to Taiwan, such as TransferWise, Western Union, MoneyGram, OFX, Xendpay. Sending money with the right provider from the list is the best way to save on fees and exchange rate.
3. Choose the best option for your personal needs
Which criteria is the most important for you? The total cost, time for the money to arrive, number of customer ratings? Balance the different criteria before deciding which provider to use.
In addition, it is important to have a look at the pay-in/out methods. You often have the option to pay by bank wire or by cards (credit or debit). At the other end, in Taiwan, you can decide if your want the money to be transferred to your recipient's account or available for pick-up in cash at an agent location.
4. Sign up and get started wih your money transfer with the company you selected
Now, simply sign up on the provider's website - be aware you will often need to upload a copy of your ID and/or a proof of adress - and provide the details of your money transfer to Taiwan.
Send money money to Taiwan with the current cheapest provider for your next transfer
Questions you may have about your transfers %TO_COUNTRY%
Everyone wins, except expensive solutions
With our model, the only losers are the expensive banks or providers you’ll stop using!
To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.
We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.
We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.
You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.