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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of United Kingdom to Taiwan searches, and was the top rated company out of 6 that support GBP to TWD.
So for a great mix of cost, speed & features, make your United Kingdom to Taiwan transfer using Wise.
How to get the best deal on your United Kingdom to Taiwan transfer
Summary of recent searches
Important things to consider before sending money from United Kingdom to Taiwan
Don't settle for the first option. Always compare ways to send money from United Kingdom to Taiwan to find out about fees, speed, and reliability.
Our analysis included 6 providers that operate between United Kingdom and Taiwan.
Through this, you get a comprehensive view of all the options you have in United Kingdom when you need to send money to Taiwan.
Cheapest way to send money to Taiwan from United Kingdom: XE
Data collected over the past six months shows that XE is 0.4% cheaper than the second-best option.
The £0 transfer cost represents the most common fee for GBP to TWD international transfers, based on data from the past six months.
If you want to secure the best rates on a GBP to Taiwan transfer, make sure you pick XE to send your money online.
*The most common fee applied to GBP-TWD by XE, based on data from the past six months.
Fastest way to send money from United Kingdom to Taiwan: Western Union
Our data shows that Western Union came up as the fastest way to send money from United Kingdom to Taiwan in 71.4% of searches. This makes them well suited to urgent GBP to TWD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from United Kingdom to Taiwan - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Western Union is your best choice at the moment. This service emerged as the quickest way to send money to Taiwan from United Kingdom in 71.4% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send GBP from United Kingdom to Taiwan, it’s the provider that will keep you safe and relaxed while your money moves into TWD.
Understanding the costs involved when moving money from United Kingdom to Taiwan
When calculating the costs of money transfers between United Kingdom and Taiwan, here's what really matters:
The Mid-Market Rate: Today, the GBP-TWD mid-market rate equals to 40.705789 TWD per Pound Sterling.
The GBP-TWD average exchange rate for the past three months has been 40.0412 TWD per Pound Sterling, with a high of 40.2538 and a low of 39.5288.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from GBP to TWD.
How to find the best exchange rate for Pound Sterling to New Taiwan Dollar
Timing is essential for sending money between GBP and TWD. The exchange rate you secure impacts how much TWD you get for your GBP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from GBP to TWD has seen some fluctuation. On average, it stood at 40.0412.
During this period, the highest value recorded was 40.2538, while the lowest was 39.5288.
Wise, which is our recommended service to send money online from United Kingdom to Taiwan offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best GBP-New Taiwan Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from United Kingdom to Taiwan!
Payment methods available to fund your United Kingdom to Taiwan transfer
Bank transfers
Bank transfers are often the default option for sending money from United Kingdom to Taiwan.
By using a money transfer company such as XE for transfers from United Kingdom to Taiwan, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, XE is the cheapest provider for bank transfers from the 6 we tested when sending GBP to Taiwan.
With an average fee of GBP0 to send money from United Kingdom to Taiwan, XE offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from United Kingdom to Taiwan with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from United Kingdom to Taiwan, competing among a total of 6 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from United Kingdom to Taiwan, Wise emerges as our top choice of the 6 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Taiwan and United Kingdom.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from United Kingdom to Taiwan.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to TWD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
