How to send money to Taiwan
Discover how to send money to Taiwan at the lowest cost in 4 easy steps
1. Check the TWD rate against your own currency
Although the currency market is impossible to predict, it is a good idea to stay on top of it in order to maximize how many the recipient will get. It's a good idea to use smart alerts to stay updated about the evolution of the TWD exchange rate.
2. Go with the optimal deal by comparing all money transfer providers.
We list 8 providers able to send money to Taiwan, such as TransferWise, Western Union, MoneyGram, OFX, Xendpay. Selecting the most competitive money transfer provider from the available options is the best way to save on costs.
3. Choose the best option for your specific needs
Do you want to transfer money to Taiwan with the best exchange rate and lowest fees, with the highest speed of transfer or with the solution with the best customer reviews?
It is also interesting to consider the options to pay for the transfer and receive the money. You may have the choice to pay for your transfer by bank wire or by cards (credit or debit). On the recipient's side in Taiwan, choose if you need the amount in TWD to be deposited on a local bank account or received in cash (from an agent location).
4. Sign up and get started wih your transfer with the service you selected
Now, simply register on the provider's homepage (you normally have to provide some ID documents to confirm your identity), and get started with your transfer to Taiwan.