Banking and Sending Money Home in Taiwan

To open a back account you are required to provide your passport and ARC card. All banks have some English speaking staff. Most banks are closed on Saturdays, but are open later on weekdays.

Sending Money Home From Taiwan

You can wire transfer money home from most banks. The wire transfer fees change from bank to bank as do the exchange rates but if you shop around and try to negotiate you will do well.

ATM - Cash Machines

ATMs are very common ad most have an English option and support most major western banking card systems. You can pay all your bills and transfer money through ATMs. Many international banks (ex: HSBC, Citi Bank, RBC) have branches in Taipei and in other major cities. Taiwan is a cashed based society and you are able to withdraw up to NT$20,000 per transaction until either you or the machine is out of money.

Credit Cards

Bring’em if you got’em. All major credit cards are accepted in Taiwan. It is possible of applying for a credit card in Taiwan, but I wouldn’t hold your breath on actually being issued one.