How to send money to Taiwan from UAE with the best AED-TWD rate

An exchange rate determines the price you will pay when buying New Taiwan Dollar. A better exchange rate means more money reaching the recipient in Taiwan.

The current rate between the UAE Dirham and New Taiwan Dollar is 8.629.

The total cost of money transfers to Taiwan from the United Arab Emirates, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.

• The Mid-Market and Exchange Rates: The current mid-market for AED-TWD is 8.629 TWD per UAE Dirham.

• Fees: Some money transfers between the United Arab Emirates and Taiwan will be subject to fees. Xe has a fee of 0 AED based on a 25,000 AED transfer. Although you should search for your send amount for actual fees as your scenario may be different.

• Amount Received: Money transfer companies will show you the amount of New Taiwan Dollar eventually received in Taiwan.

Waiting a day or two can help you get more TWD for the same amount of UAE Dirhams.

A better option is to use a forward contract can also allows you to lock in an agreed exchange rate between the United Arab Emirates and Taiwan.

Paying via bank transfer is the payment method that will get you the best price with a money transfer company. When sending money from the United Arab Emirates to Taiwan.

Here are the best options:

Bank transfers

A bank transfer is often the default option for money transfers from the United Arab Emirates to Taiwan.

By using a money transfer company such as Xe to send money from the United Arab Emirates to Taiwan, you can while benefit from lower fees and more favorable exchange rates than a bank would offer. 


Debit and prepaid cards

Sending money from the United Arab Emirates to Taiwan with a prepaid or debit card is very easy with .


is a great choice for sending money with a debit card from the United Arab Emirates to Taiwan. This is from the 1 money transfer companies compared.

Credit cards

When it comes to credit card transfers from the United Arab Emirates to Taiwan, we recommend comparing your options to get the best deal.

Regulations are important for keeping your money safe, United Arab Emirates and Taiwan have different regulations to consider.

Our directory of worldwide financial regulators contains details on regulation for money transfers between the United Arab Emirates and Taiwan.

Companies offering money transfers between the United Arab Emirates and Taiwan have minimum or maximum thresholds on how much money you can send.

Rates and fees for different transfer amounts could change if you pass a threshold - that’s why it’s best to compare AED-TWD rates for your specific transfer amount.

For regular transfers from the United Arab Emirates to Taiwan, shopping around each time can make a huge difference.

We’ve recommended Xe for sending AED to Taiwan, because of their combination of rates and fees when sending from the United Arab Emirates to Taiwan that is the most competitive, even at larger amounts.

Check with the recipient and understand any declarations needed on large amounts of money entering Taiwan from the United Arab Emirates.

There are different ways to receive New Taiwan Dollar in Taiwan. The most popular options are direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

All providers work differently and not all offering transfers from the United Arab Emirates to Taiwan support every method for receiving New Taiwan Dollar so it’s best to check ahead of time.

Sending directly to a bank account in Taiwan is one of the most common ways to receive money from the United Arab Emirates. For most part, this is convenient but does have receiving fees to potentially be aware of.

Xe is the best company for bank transfers between the United Arab Emirates and Taiwan.

Cash pickup is popular in Taiwan, but not always supported and can be costly compared to cheaper options.

Mobile wallet or P2P services and payment apps like PayPal, Zelle, and CashApp are popular because of convenience. They come with more limitations and higher costs compared to money transfer providers like Xe, and are recommended for domestic payments only.

When sending New Taiwan Dollar to Taiwan, you will need to verify your ID with your chosen money transfer company.

The documents you need will vary and in some cases you might need more than one.

For the most part, accepted IDs in the United Arab Emirates include government issued IDs such as passports or driver's licenses. If the recipient needs an ID to collect money in Taiwan, the options are similar.

Large transactions between United Arab Emirates and Taiwan can be subject to additional checks such as proof of funds for anti-money laundering purposes. These won’t be needing when signing up, but will be need ahead of any transfer.

One of the reasons Xe has scored so highly for transfers to Taiwan is their easy sign up process in the United Arab Emirates.

When sending money between the United Arab Emirates and Taiwan there will be tax declarations to consider.

Some transfers into New Taiwan Dollar may need to be reported to tax authorities in Taiwan and the United Arab Emirates, depending on size and particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Taiwan based on age, income and a few other elements - such as whether the funds are a gift. Tax law can be confusing, when in doubt, please contact a tax professional in the United Arab Emirates or Taiwan to discuss your personal circumstances to ensure you are not missing any specific tax declarations associated with your international money transfer.