Discover how to make a money transfer to Taiwan at the most competitive cost with these 4 steps
Even though the evolution of the exchange rate is uncertain, it never hurts to follow it to maximize how many you get after the conversion. It's a good idea to use smart alerts to track the TWD mid-market's evolution.
Pick money transfer provider with the most competitive pricing, the fastest solution, most positive customer reviews, or a combination of these factors.
In addition, it is important to consider the pay-in/out methods. Bank transfer or credit/debit cards are the most often available payment methods to send money to Taiwan online. To receive the money in Taiwan, select the right option, whether you need the money to be deposited on a local bank account or received in cash (from an agent location).
Visit the money transfer provider's website to sign up (you normally have to give some information to confirm your identity), and configure your transaction.