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Send money from Taiwan to Japan
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for Taiwan to Japan
While you can’t send TWD to JPY with Wise, you can transfer USD to USD.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
The best way to send money from Taiwan to Japan is using PayPal P2P transfer service.
With P2P transfers, if you and your recipient both have the PayPal app, you can send money between them.
You will initiate the transfer in TWD and your recipient will receive the JPY into their PayPal account.
The downside of this, is that PayPal charges higher fees and the withdrawal options can be limited depending.
How to compare deals on your Taiwan to Japan transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from Taiwan to Japan.
Choose a provider
Select the provider that offers you the best value & service for your needs.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Japan from Taiwan.
Summary of recent searches
Sending money from Taiwan to Japan considerations
Compare providers
A comparison of providers offering services between Taiwan and Japan is the easiest way to ensure the best deal.
We've compared 3 providers that offer services for sending New Taiwan Dollar to Japan.
This ensures you will get the best options for your transfer to Japan from Taiwan.
Whilst we rate Western Union Agent as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Taiwan to Japan.
Get the most from the New Taiwan Dollar-Yen exchange rate
Choose the right payment method
Financial regulations in Taiwan and Japan
Consider transfer limits
How to receive money
Have your ID ready
Tax declarations
The cheapest way to send money to Japan from Taiwan is to send cash via Western Union Agent.
Generally speaking, sending cash is more expensive than using the online transfer, however, after looking at 100+ money transfer companies, there aren’t many options servicing TWD/JPY.
The main cost is made up of the fee (around 3 TWD) and the exchange rate markup added on top.
However, this heavily depends on which branch you use, and how much TWD you are sending.
The fastest way to send money to Japan from Taiwan is to use cash transfer via MoneyGram Agent
In most cases cash transfers with MoneyGram are instant, and your recipient will be able to collect JPY in minutes.
However, depending on how much you send, it can take a bit longer (up to a day) due to the processing time.
With the limited number of money transfer companies servicing TWD/JPY, cash transfer with MoneyGram is the fastest way.
Sending a large amount of money?
Of the 3 providers compared, Western Union Agent is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Western Union Agent may not always be the fastest or cheapest way to send money from Taiwan to Japan, it's a great provider for things like buying or selling property.
Understanding the cost of moving money from Taiwan to Japan
The total cost of sending money to Japan from Taiwan, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for TWD-JPY is 4.9747 JPY per New Taiwan Dollar.
Finding a company offering an exchange rate closer to this will mean more Yen for your New Taiwan Dollar.
The average TWD-JPY mid-market rate for the last 7 days has been 4.9799 JPY per New Taiwan Dollar. This includes a high of 4.9881, and low of 4.973.
Out of the 3 companies compared, Western Union Agent offers the best exchange rates.
The exchange rate you receive on converting TWD to JPY should be the biggest determining cost factor when transferring New Taiwan Dollar to Japan.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Western Union Agent has a fee of 3 TWD per transfer (which is the cheapest option right now for a NT$7,800 transfer).
Although you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Yen eventually received in Japan.
A lower cost of sending from Taiwan will result in more money received in Japan.
Track the exchange rate for New Taiwan Dollar to Yen
Sending money at the right time between TWD and JPY can make a huge difference to overall cost. The exchange rate impacts how much JPY you get for your TWD.
Over the last 7 days, the average numbers are:
The exchange rate from TWD to JPY averaged 4.9799 JPY.
The highest value recorded was 4.9881 JPY, while the lowest was 4.973 JPY.
3 providers currently offer transfers between Taiwan and Japan close to this rate
Want to secure the best TWD-Yen exchange rates?
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Paying for your Taiwan to Japan money transfer
Bank transfers
A bank transfer is often the default option for money transfers from Taiwan to Japan.
By using a money transfer company such as Western Union Agent to send money from Taiwan to Japan, you can while benefit from lower fees and more favorable exchange rates than a bank would offer.
On average, Western Union Agent is the cheapest money transfer provider for bank transfers from the 3 we tested when sending TWD to Japan.
With a fee of TWD3 to send money from Taiwan to Japan, Western Union Agent offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Taiwan to Japan with a prepaid or debit card is very easy with Western Union Agent.
Western Union Agent is a great choice for sending money with a debit card from Taiwan to Japan. This is from the 3 money transfer companies compared.
Credit cards
When it comes to credit card money transfers from Taiwan to Japan there aren't that many options, mainly because it's more expensive.
If you have to, we recommend running a quick comparison to get the best deal on JPY
Be careful of fees: using a credit card to transfer money internationally 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 Japan and Taiwan.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 Taiwan to Japan.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TWD to JPY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
