MoneyTransfers
/Send money/Send Money to Taiwan

Send Money to Taiwan: Easiest Methods and Essential Tips

Find fast, low cost transfers, the best exchange rates, and top rated customer support on transfers to Taiwan.

Read on for reviews, expert advice, and all you need to transfer money to Taiwan easily.

Jonathan Merry
Author 
Jonathan Merry
3 minutes
February 5th, 2024
Disclosure
Best Overall
9.2
Wise

Wise is the top rated money transfer provider that usually appears in our search results to Taiwan.

Fastest Option
8.6
XE

XE tends to offer fast transfer times to Taiwan for many origin countries and send amounts.

Compare rates and fees for sending money to Taiwan

There are multiple ways to easily send and receive money in Taiwan but these will largely depend on the provider you decide to use.

What’s the Fastest Way to Send Money to Taiwan?

The fastest way to send cash to Taiwan is through MoneyGram. With MoneyGram, you can expect your money to reach its Taiwanese destination in a matter of minutes, or in some cases hours. MoneyGram is generally great for speed, and they offer decent rates as well.

What’s the Cheapest Way to Send Money to Taiwan?

The cheapest way to send currencies to Taiwan is through OFX. With OFX, you generally pay very low rates, and this is particularly true when you send larger volumes at once. OFX doesn’t charge upfront, stated fees, but they instead charge small conversion fees based on the amount of money being sent. If you send a minimal amount of money through an OFX transaction, you’ll pay low rates. If you send a lot of money at once through OFX (especially USD$1000+), then you can rest assured you’re getting the best possible rates by a larger margin.

The only catch with OFX is that they have a minimum transfer size requirement which is much larger than those set by other money transfer services. This shouldn’t be a huge problem most of the time, but if you can’t abide by the minimum transfer size requirement, Wise offers great rates and could serve as a replacement to OFX.

What’s the Easiest Way to Send Money to Taiwan?

The easiest way to send currencies online to Taiwan is through Wise. Wise is a peer-to-peer money transfer system that makes transferring currencies to Taiwan very easy. Once you set up your account, you just need to follow their simple process whenever you need to send money:

1) Tap in the amount of money to be sent

2) Tap in the destination for the money

3) Pay Wise for the transaction

4) Wait a day or two for your money to reach its Taiwanese destination

What’s the Overall Best Way to Send Money to Taiwan?

The overall best way to send cash online to Taiwan is through OFX. OFX is great because they offer the best rates available while also making the money transfer process relatively easy. The company focuses on international currency conversion, but also sends money at great rates. With OFX, you can expect the best rates and good service on a regular basis. The waiting times aren’t too bad either, at just one day or two before your money reaches its Taiwanese destination.

The USD to TWD exchange rate

Mid-market Rate
1
= 31.645024 TWD
Mid-market rate at: 12:59 UTC
USD/TWD Median: 31.553894 Low: 31.413497 High: 31.645024
Why Trust Us

Why Trust Us

Our thorough editorial policy demonstrates our commitment to carefully vetting every piece of information.

We also produce unbiased, detailed reviews of all the top money transfer services, helping you in making smarter, simpler choices. We're devoted to upholding the highest standards, providing you with accurate, current, and reliable content.

Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.

Want to Send Money Somewhere Else?

Get Started With Our Top Money Transfer Guides

Send Money to and From Taiwan With These Guides

Choose which corridor to send money through:

Related Content

Sending money to can be more affordable than you might think. However, understanding the fees can be confusing. This confusion arises because money transfer providers make money in different ways. They can charge transfer fees, mark up the exchange rate, or do both simultaneously.
February 5th, 2024
Sending money to can be more affordable than you might think. However, understanding the fees can be confusing. This confusion arises because money transfer providers make money in different ways. They can charge transfer fees, mark up the exchange rate, or do both simultaneously.
February 16th, 2024
Sending money to can be more affordable than you might think. However, understanding the fees can be confusing. This confusion arises because money transfer providers make money in different ways. They can charge transfer fees, mark up the exchange rate, or do both simultaneously.
January 16th, 2024
Money transfer to can be more affordable than you might think. However, understanding the fees can be confusing. This confusion arises because money transfer providers make money in different ways. They can charge transfer fees, mark up the exchange rate, or do both simultaneously.
February 19th, 2024
Sending money to can be more affordable than you might think. However, understanding the fees can be confusing. This confusion arises because money transfer providers make money in different ways. They can charge transfer fees, mark up the exchange rate, or do both simultaneously.
January 16th, 2024

Contributors

Jonathan Merry
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com