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Once OFX receives your funds, 80% of all major currency transfers are processed in 24 hours
Our global support team is available around the clock - 24 hours a day, 7 days a week
How to Transfer Money to Taiwan
- Gather the relevant banking information, including the name on the recipient’s bank account, the account number, the Taiwanese Bank Code, and the SWIFT/BIC code.
- Create a free online account with OFX, or login to get a live quote for your money transfer.
- Enter your details and those of your recipient.
- Choose ‘finalise transaction’ to process your payment.
It’s easy and affordable to transfer money to Taiwan using OFX. Even if you’re not ready to transfer funds today, you can sign up now, so your account is active and ready when a great exchange rate comes up.
When sending money to Taiwan, keep in mind that different tax regulations may apply to sending large sums of money overseas depending on many factors including:
- how the money is going to be used
- how much you are sending
- the source of the funds
- if the money has been taxed elsewhere
For example, supporting family members by paying for living expenses is usually considered different from sending large sums of money abroad as a gift. See our Guide to Sending Money to Family Abroad for more details.
How to send money to Taiwan at a great exchange rate
When looking at exchange rates, it’s important to know that the value of the Taiwan dollar (TWD) may be affected by market forces, as the country follows a flexible exchange rate system. The Central Bank of the Republic of China (Taiwan) will, however, step in if the market is disrupted by irregular or seasonal factors. If you want to read up on the factors that influence the value of other currencies, head over to the Exchange Rates section of our site.
Taiwan Money Transfers – FAQWondering how to send money to Taiwan? We've got the smart, secure way to exchange your Aussie dollars for Taiwanese dollars. Headquartered in Sydney, with offices around the world, we provide 24-hour access to our highly skilled transfer team.
Is there any limit on how much money I can send to Taiwan?No. OFX works well for both businesses and individuals.
Can I send money from a Taiwanese bank account to Australia?Sure. If you live in Taiwan, you’ll want to complete your registration with our UK branch. If you live in Australia, register now to send money to Taiwan with your Australian bank account.
Does OFX transfer money to all Taiwanese banks?
OFX can transfer funds to any bank in Taiwan, including, but not limited to:
- Cathay United Bank
- Bank SinoPac
- Taipei Fubon Bank
- Taiwan Cooperative Bank
- Mega International Commercial Bank
- Union Bank of Taiwan
- Cathay United Bank
- Taishin International Bank
You can reach our dedicated customer service agents 24/7 (including weekends and most holidays). When others are closed, we’re open. Need a quote? Need it ASAP? Need to talk to someone about your mother? We’re here for you.
When you use OFX, you’ll get fast, efficient service, and we’ll keep you informed of where your money is along the way. For all your overseas payments, OFX is simply smarter.
How can OFX help you manage AUD/TWD exchange rate swings?
Check out our risk management strategies and stay in control of your money.