Where to exchange money in Taipei
Are you heading to Taipei? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Taipei that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Where to exchange money in Taipei
Are you heading to Taipei? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Taipei that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Spend abroad without hidden fees
Currency exchanges in Taipei
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in Taipei.
One reminder, though: there’s no such thing as fee-free or 0% commission foreign exchange transactions. So, always check the mid-market exchange rate in advance, so you know how much your money’s worth.
| Money Changer | Address | Contact Information |
|---|---|---|
| Taipei Fubon Bank Chengzhong Branch | No. 9, Xiangyang Rd, Zhongzheng District, Taipei City, Taiwan 100 | +886 2 2388 5889 |
| I-Remit Taipei (HWA KUNG HONG & CO., LTD. ) | No. 45, Section 3, Zhongshan N Rd, Zhongshan District, Taipei City, Taiwan 10491 | +886 2 2587 2200 |
| Taipei Fubon Bank | No. 37號, Section 4, Ren'ai Rd, Da’an District, Taipei City, Taiwan 106 | +886 2 2731 2333 |
| Bank of Taiwan Foreign Exchange Counter | DunHua N Rd, Songshan District, Taipei City, Taiwan 105 | |
| Bank of Taiwan | No. 120, Section 1, Chongqing S Rd, Zhongzheng District, Taipei City, Taiwan 100 | +886 2 2349 3456 |
| Taipei Fubon Bank Nanmen Branch | No. 17號, Jinhua St, Zhongzheng District, Taipei City, Taiwan 100 | +886 2 2397 1640 |
| Bank of Taiwan Zhongshan Branch | No. 150, Section 1, Zhongshan N Rd, Zhongshan District, Taipei City, Taiwan 104 | +886 2 2542 3434 |
| Bank of Taiwan Guanqian Branch | No. 49號, Guanqian Rd, Zhongzheng District, Taipei City, Taiwan 100 | +886 2 2381 2949 |
| Western Union | No. 75號, Section 4, Ren'ai Rd, Da’an District, Taipei City, Taiwan 106 | +886 2 2771 0922 |
| Bank of Taiwan | 110, Taiwan, Taipei City, Xinyi District, Section 1, Keelung Rd, 333號3 樓 | +886 2 2720 0315 |
| Shin Kong Mitsukoshi Taipei currency exchange | Shin Kong Life Tower, Zhongzheng District, Taipei City, Taiwan 100 | |
| Western Union | 8f No 167 Dunhua N Rd, Dist, 松山區台北市 Taiwan 10566 | +886 2 8712 6369 |
| WANHUA BRANCH Bank of Taiwan | No. 26, Section 2, Guiyang St, Wanhua District, Taipei City, Taiwan 108 | +886 2 2383 0066 |
| Taiwan Bank International Financial Business Branch | 100, Taiwan, Taipei City, Zhongzheng District, Section 1, Wuchang St, 49號號 前 棟 3 樓 | +886 2 2349 3456 |
| Chang Hwa Bank | No. 169之2號, Xining Rd, Wanhua District, Taipei City, Taiwan 108 | +886 2 2371 9271 |
| Bank of Taiwan Songshan Branch | No. 560, Section 4, Zhongxiao E Rd, Xinyi District, Taipei City, Taiwan 110 | +886 2 2729 3111 |
| Chang Hwa Bank | No. 201, Section 2, Bade Rd, Zhongshan District, Taipei City, Taiwan 104 | +886 2 2731 2211 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
New Taiwan dollar rate today
When you're in Taipei, and also the rest of Taiwan, the official currency is the New Taiwan dollar.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the New Taiwan dollar is TWD, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Taipei
When exchanging money in Taipei or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in Taiwan long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in New Taiwan dollars for a fairer rate and fees. The same applies if you get the option on card machines.
2. Know the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in Taiwan banks to avoid unwanted ATM fees. Also try to plan ahead and make as few withdrawals as possible to avoid multiple extra fees.
5. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
Say goodbye to overcomplicated currency exchange
Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local account details in 9 currencies.
Other currency exchanges
Bottom line
From the list above you should have plenty of options for finding a physical currency exchange in Taipei. If you'd like more options, try searching on a search engine like Google.
Finally, don't forget to check out Wise - The digital alternative to exchanging and spending cash abroad.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
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