Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (2024)

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (1)4.3 / 5 from 214,948 reviews

Fast, low-cost, and secure online money transfers from the UK to Taiwan.

Send money from Taiwan to the UK instead.

Over 16 million customers

Read on Trustpilot

FCA regulated

Learn more

Get started

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (2)Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (3)

Save when you send money to Taiwan

Sending 1,000 GBP withRecipient gets(Total after fees)and transfer speed
Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (4)

1,262.93 USD

Transfer fee

1.99 GBP

Exchange rate(1 GBP USD)

1.26545

Exchange rate markup

0 GBP

Cost of transfer

0 GBP

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (5)

1,256.08 USD- 6.85 USD

Transfer fee

1.50 GBP

Exchange rate(1 GBP USD)

1.25796

Exchange rate markup

1.66 GBP

Cost of transfer

3.16 GBP

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (6)

1,254.45 USD- 8.48 USD

Transfer fee

4.64 GBP

Exchange rate(1 GBP USD)

1.26030

Exchange rate markup

0 GBP

Cost of transfer

4.44 GBP

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (7)

1,251.51 USD- 11.42 USD

Transfer fee

0 GBP

Exchange rate(1 GBP USD)

1.25151

Exchange rate markup

6.77 GBP

Cost of transfer

6.77 GBP

Show more providers

This applies when you pay in via

bank transfer.

How do we collect this data?

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (8)

How to send money to Taiwan in 3 easy steps

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (9)

Enter amount to send in GBP.

Pay in GBP with your debit card or credit card, or send the money from your online banking.

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (10)

Choose recipient in Taiwan.

Select who you want to send money to and which pay-out method to use.

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (11)

Send GBP, receive USD.

The recipient gets money in USD directly from Wise’s local bank account.

Create free account now
Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (12)

Get dedicated support for large transfers

Moving big money? Get our how to guide and start a chat with our team of large-amount experts.

Get started with large transfers

How to send money to Taiwan from the UK

How to send money to Taiwan from the UK

  1. Just tap in how much, and where to.
  2. Then make a local payment to Wise, whether it's with a bank transfer, swift or your debit or credit card.
  3. And that's it.

Wise converts your money at the 'inter-bank' rate – the real rate – so you save big time (even versus the guys saying there's 'zero' commission). On Wise, there's no room for sneaky bank surcharges or creeping hidden charges.

How much does it cost to transfer money to Taiwan?

Pay a small, flat fee and percentage

To send money in GBP to Taiwan, you pay a small, flat fee of 0.26 GBP + 0.44% of the amount that's converted (you'll always see the total cost upfront).


Fee depends on your chosen transfer type

Some transfer types have different fees which are usually tiny.


No hidden fees

No big fees, hidden or otherwise. So it's cheaper than what you're used to.

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (13)

Fees for our low cost transfers

Fixed fee

0.26 GBP

Variable feeup to 100,000 GBP/month

0.44%

Variable feemore than 100,000 GBP/month

Discount applies

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (14)

How long will a money transfer to Taiwan take?

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (15)

A money transfer from the UK (GBP) to Taiwan (USD) should arrive in 9 hours. Sometimes transfer times can differ based on payment methods or verification changes. We’ll always keep you updated, and you can track each step in your account.

On many popular routes, Wise can send your money within one day, as a same day transfer, or even an instant money transfer.

Your transfer route

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (16)

GBP

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (17)

USD

Should arrive

in 9 hours

What you’ll need for your online money transfer to Taiwan

1

Register for free.

Sign up online or in our app for free. All you need is an email address, or a Google or Facebook account.

2

Choose an amount to send.

Tell us how much you want to send. We’ll show you our fees upfront, and tell you when your money should arrive.

3

Add recipient’s bank details.

Fill in the details of your recipient’s bank account.

4

Verify your identity.

For some currencies, or for large transfers, we need a photo of your ID. This helps us keep your money safe.

5

Pay for your transfer.

Send your money with a bank transfer, or a debit or credit card.

6

That’s it.

We’ll handle the rest. You can track your transfer in your account, and we'll tell your recipient it's coming.

Best ways to send money to Taiwan

  • Bank Transfer

    Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money. Read more how to use bank transfers as a payment option.

  • Debit Card

    Paying for your transfer with a debit card is easy and fast. It’s also usually cheaper than credit card, as credit cards are more expensive to process. Read more about how to pay for your money transfer with a debit card.

  • Credit Card

    Paying for your transfer with a credit card is easy and fast. Wise accepts Visa, Mastercard and some Maestro cards. Read more about how to pay for your money transfer with a credit card.

  • PISP

    PISP (Payment Initiation Service Provider) payments are instructions you give Wise to make a bank transfer directly from your bank account — without having to leave our app and log in to your online banking. This option is as cheap as a manual bank transfer, but it isn’t supported by all banks yet.

  • Swift

    Using SWIFT to fund your transfer usually means that your transfer will take longer and be more expensive, as your bank will charge a fee. You should also bear in mind that other correspondent banks in between may also deduct their handling fees. Your bank should be able to advise on those fees.

  • Apple Pay

    If you’ve enabled Apple Pay on your phone, you can use it to pay for a transfer with Wise. Paying with Apple Pay is a convenient and quick way to send money abroad. If you’re using a credit card, watch out for extra charges. Some banks consider these payments as cash withdrawal, and they may charge you extra fees.

  • Google Pay

    If you’ve enabled Google Pay on your phone, you can use it to pay for a transfer with Wise. Paying with Google Pay is a convenient and quick way to send money abroad. If you’re using a credit card, watch out for extra charges. Some banks consider these payments as cash withdrawal, and they may charge you extra fees.

Trust Wise with safe & secure money transfers to Taiwan

Safeguarded with leading banks

We hold your money with established financial institutions, so it's separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.

Extra-secure transactions

We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.

Data protection

We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.

Dedicated anti-fraud team

We work round the clock to keep your account and money protected from even the most sophisticated fraud.

Online scams are on the rise. Learn how to stay safe.

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (18)

Send money to Taiwan from the UK with the most international app

Looking for an app to send money to Taiwan? Sending money is easy with Wise app.

  • Cheaper transfers abroad - free from hidden fees and exchange rate markups.
  • Check exchange rates - see on the app how exchange rates have changed over time.
  • Repeat your previous transfers - save the details, and make your monthly payments easier.

Learn more about the Wise app

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (19)

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (20)Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (21)

Wise works nearly everywhere

Send money

Let's answer some of your questions

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise (2024)

FAQs

Send Money to Taiwan | Money Transfer to Taiwan - Wise, formerly TransferWise? ›

Looking for an app to send money to Taiwan? Sending money is easy with Wise app. Cheaper transfers abroad - free from hidden fees and exchange rate markups. Check exchange rates - see on the app how exchange rates have changed over time.

Can I send money to Taiwan via Wise? ›

Looking for an app to send money to Taiwan? Sending money is easy with Wise app. Cheaper transfers abroad - free from hidden fees and exchange rate markups. Check exchange rates - see on the app how exchange rates have changed over time.

What is the best way to transfer money to Taiwan? ›

Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money.

Is Wise to Wise transfer free? ›

If you're sending money from your account to someone else's balance (of the same currency), it's free. If you're sending money from your account to a bank account outside of Wise, the fee will depend on the currency. We'll always charge a conversion fee if you send money to a different currency.

Is Wise safe to transfer money? ›

Yes, Wise is safe to send money.

Once your Wise account is live you can securely arrange a payment online or in the Wise app. All transfers use 2 factor authentication, and you'll be able to track your payment as it is processed for peace of mind.

How to transfer money from the USA to Taiwan? ›

If you're ready to send money to Taiwan, follow these easy steps:
  1. To start, register or log in to your Western Union profile. ...
  2. Enter the amount you'd like to send and select Taiwan as the destination. ...
  3. Select cash pickup as your receiving method.
  4. Choose a payment method: credit2 card, debit card or bank account.

What is the app to transfer money to Taiwan? ›

Breeze through transfers to Taiwan with Revolut

Easily check rates and fees before you send, and track your transfer directly in-app.

Does Taiwan use Zelle? ›

Zelle is only available for customers with a US bank account and US registered mobile number. That means it's not an option for sending international payments to friends and family overseas. Read on for some international Zelle alternatives.

What is the most popular payment method in Taiwan? ›

Payment Method Breakdown
  • Card 47%
  • Cash 9%
  • Bank Transfer 13%
  • E-Wallet 22%
  • Other 9%

What is the transfer limit in Taiwan? ›

Non-designated Account Transfer (including account transfer purchase/payment): NT$ 50,000 per transaction; NT$ 100,000 per day; NT$ 200,000 per month.

Can you use Wise without a bank account? ›

Your recipient will need a bank account to receive the funds, but they don't need a Wise account. You can also use Wise to receive money in multiple currencies - but more on this later.

Is Wise cheaper than bank transfer? ›

Between the transfer fee the bank shows upfront, extra intermediary costs and an exchange rate markup, the overall costs can ramp up pretty quickly. Wise transfers work differently, which can mean you get lower overall fees and a faster delivery time.

Do Wise charge a fee? ›

It's free to create a Wise account, and there are never any monthly fees or minimum balances to worry about. For businesses, it costs a small one-time setup fee of 3,000 JPY to get your own international bank details, which you can use to receive money for free.

What is the disadvantage of TransferWise? ›

Limited availability of card services: Users in certain countries have voiced complaints about the lack of availability of card services on TransferWise. This limitation restricts their ability to make payments using cards on the platform, causing inconvenience for those affected.

Does Wise refund money if scammed? ›

File a police report.

But we'll do everything we can to help. We'll send you any money that comes back to us.

What is the Wise transfer limit? ›

How much can I send?
Personal account limits (USD)Business account limits (USD)
Per transfer$1,000,000$1,000,000
ACH (bank debit)$50,000 per 24 hours$50,000 per 24 hours
$250,000 over a 60 day period$400,000 per 60 day period
Debit/credit card$2,000 per 24 hours$2,000 per 24 hours
1 more row

What is the cheapest way to send money from USA to Taiwan? ›

Bank Transfer

Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money.

What currencies can I send with Wise? ›

You can send money to and from these currencies
  • AUD — Australian dollar Within Australia. ...
  • BGN — Bulgarian lev Within Bulgaria. ...
  • BRL — Brazilian real Within Brazil.
  • CAD — Canadian dollar Within Canada.
  • CHF — Swiss franc Within Switzerland and Liechtenstein.
  • CZK — Czech koruna Within the Czech Republic.

What countries can you send money to with Wise? ›

What countries/regions can I send to?
New ZealandNorwayPhilippines
PolandRomaniaSouth Africa
South KoreaSri LankaSwitzerland and Liechtenstein
TanzaniaThailandUganda
UkraineUnited Arab EmiratesUnited States of America
9 more rows

What currencies does transfer wise support? ›

You can add money to your account in these currencies: AUD, BGN, BRL*, CAD, CNY* CHF, CZK, DKK, EUR, GBP, HUF, IDR*, JPY, MYR*, NOK, NZD, PHP, PLN, RON, SEK, SGD, TRY and USD.

Top Articles
Latest Posts
Article information

Author: Saturnina Altenwerth DVM

Last Updated:

Views: 5993

Rating: 4.3 / 5 (64 voted)

Reviews: 95% of readers found this page helpful

Author information

Name: Saturnina Altenwerth DVM

Birthday: 1992-08-21

Address: Apt. 237 662 Haag Mills, East Verenaport, MO 57071-5493

Phone: +331850833384

Job: District Real-Estate Architect

Hobby: Skateboarding, Taxidermy, Air sports, Painting, Knife making, Letterboxing, Inline skating

Introduction: My name is Saturnina Altenwerth DVM, I am a witty, perfect, combative, beautiful, determined, fancy, determined person who loves writing and wants to share my knowledge and understanding with you.