
Sending money from Australia to Taiwan can be a pricey and problematic process. There are several companies that offer international money transfer services, including Wise, WorldRemit, Western Union, and Monito. Wise offers a straightforward and secure way to send money to Taiwan from Australia, with no hidden fees and a mid-market exchange rate. Western Union also offers a mobile app that allows users to send money to billions of bank accounts around the world. WorldRemit allows users to transfer money from Taiwan to over 140 destinations across the world. Monito is a comparison engine that helps users find the cheapest way to send money internationally.
| Characteristics | Values |
|---|---|
| Money transfer services | Wise, Western Union, WorldRemit, Monito, Skrill |
| Wise features | Free account, mid-market exchange rate, no hidden fees, global account details, no foreign transaction fees, savings on transfers |
| Wise transfer speed | 64% of transfers arrive in under 20 seconds, 95% in less than a day |
| Wise transfer cost | AUD 178 to send AUD 45,000 to Taiwan |
| Western Union features | Transfer to bank accounts, mobile wallet, or cash pickup |
| Western Union transfer speed | Instant |
| WorldRemit features | Airtime top-up, transfer to 140+ destinations |
| Monito features | Real-time comparison engine for international money transfer services |
| Monito transfer cost | 0.59% in fees and exchange rates |
| Skrill features | Fastest, cheapest, and best-rated service according to Monito |
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What You'll Learn

Using a money transfer app
There are several money transfer apps that you can use to send money to Taiwan from Australia. Here are some of the popular options:
Wise
Wise is a widely recommended option for sending money to Taiwan. It offers a fast, low-cost, and secure way to transfer money. Wise provides a free account with transparent fees and the mid-market exchange rate, which is often more favourable than what banks offer. You can pay using a bank debit (ACH), wire transfer, or a debit or credit card. Additionally, if you have a Wise multi-currency account, you can use the funds in your account to send money.
OFX
OFX is another app-based option for transferring money to Taiwan. It offers fast and secure transfers at competitive rates. You can send money to almost any bank in Taiwan, and your recipient doesn't need to have an OFX account; they just need to share their bank account details with you. OFX does not enforce any limits on the amount you can transfer.
Western Union
The Western Union app allows you to send money to Taiwan online or via one of its agent locations. You can send up to $5,000 for cash pickup straight from Australia to Taiwan. You can pay using a credit or debit card, or directly from your bank account.
Revolut
Revolut is recommended for depositing money directly into a recipient's bank account in Taiwan. It is known for offering competitive rates for bank transfers.
When choosing a money transfer app, it is important to compare fees, exchange rates, transfer speeds, and security measures to ensure you get the best value and a safe transaction.
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Sending money to a phone number
To send money to Taiwan from Australia, you can use a bank, a specialist money transfer service, an e-wallet, or a physical money remittance store.
If you want to send money to a phone number, one option is to use an e-wallet such as Wise. With Wise, you can send money to another Wise account instantly, without the need for bank details. Your recipient can be looked up using their name, email, phone number, or Wisetag. You can also use the Wise app to send money on the go.
Another option is to use Western Union. To send money to Taiwan, you can register for a free Western Union profile online or via the app. You will need your recipient's full name, address, and bank details. You can pay with a credit or debit card, or a bank account. Once you have registered, you can start an online transfer by entering the amount you want to send, selecting Taiwan as the destination, and choosing cash pickup as the receiving method. Your recipient will be able to pick up their cash transfer in person at one of over 600 Western Union agent locations in Taiwan.
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Sending money to an email address
To send money to Taiwan from Australia, you can use a service like Western Union or Wise.
Western Union
Western Union offers a variety of ways to send money to Taiwan from Australia. You can use their website or app to transfer money. You will need to register for a free Western Union profile and verify your identity. Once registered, you can enter the amount you wish to send and select Taiwan as the destination. You will then be able to see the transfer fees and delivery times. You can choose to send money directly to a bank account or select cash pickup as your receiving method. If you choose cash pickup, your recipient can collect the money in person at one of the many Western Union agent locations in Taiwan.
Wise
Wise is another service that allows you to send money to Taiwan from Australia. With Wise, you can send money online or through their app. To get started, you will need to sign up for a free account using your email address or a Google or Facebook account. After signing up, you can enter the amount you wish to send, and Wise will show you the fees upfront. You will then need to fill in the details of the recipient's bank account. Wise offers fast and secure transfers, with 60% of transfers arriving in under 20 seconds and 95% in less than a day.
Other Options
In addition to Western Union and Wise, there are other options for sending money to Taiwan from Australia. These include using a local bank such as Chunghwa Post or transferring money through a service like OFX, which offers fast and secure transfers at competitive rates.
Please note that specific instructions and requirements may vary depending on the service you choose. Always review the terms and conditions carefully before proceeding with any money transfer service.
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Using a bank transfer
To send money from Australia to Taiwan, you can use a bank transfer. Here are the steps you can follow:
Step 1: Choose a Reputable Money Transfer Service
Select a reliable and secure money transfer provider that offers bank transfers as a payment option. Some popular options include Wise, OFX, and Revolut. Compare the fees, exchange rates, transfer speeds, and security features offered by different providers to make an informed decision.
Step 2: Create an Account
Sign up for an account with your chosen money transfer service. This usually involves providing personal information such as your name, email address, and creating a password. You may also need to verify your identity by providing a government-issued ID, such as a passport or driver's license.
Step 3: Add Your Payment Method
Link your Australian bank account to the money transfer service. This will allow you to fund your transfer directly from your bank account. Make sure your bank account has sufficient funds to cover the amount you wish to send, including any associated fees.
Step 4: Enter Recipient Details
Provide the details of the recipient in Taiwan, including their name, bank account number, and bank name. Double-check that all the information is accurate to ensure the funds are transferred to the correct account.
Step 5: Initiate the Transfer
Enter the amount you wish to send in Australian Dollars (AUD) and specify that you want to transfer to New Taiwan Dollars (TWD). Some services may allow you to lock in the exchange rate for a short period to ensure you get the desired rate. Review the transaction details, including the amount, fees, and expected delivery time, before finalizing the transfer.
Step 6: Track Your Transfer
Most money transfer services provide a way to track your transaction. You may be given a tracking number or be able to monitor the progress through your online account. This allows you to keep an eye on the transfer and ensure that the funds are received by the recipient in Taiwan.
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Using a money transfer company
There are a few steps to follow when using a money transfer company. First, you need to choose a provider. It is important to do your research and find a provider that is safe, has low fees, and offers great exchange rates. You can use a comparison site like Monito or Exiap to help you decide. The cheapest provider shown in a comparison table on Exiap is XE, while OFX is the fastest provider according to Monito.
Once you have chosen a provider, you will need to create an account. You can usually do this online in a few easy steps by entering your contact details and some basic information. You may even be able to sign up using your Facebook or Google account.
After creating your account, you may need to verify your identity by uploading an image of your ID documents. This helps to keep your money safe and is often a legal requirement. Then, you can top up your account by adding money in dollars, usually via bank transfer or card payment.
Finally, you can make your transfer. Add your recipient's personal and bank account details, check the exchange rate and fee applied to your payment, and send the money. Depending on the provider and how you pay, this can take just a few seconds. With Wise, for example, 60% of transfers arrive in under 20 seconds, and 95% arrive in less than a day.
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Frequently asked questions
The cheapest way to send money from Australia to Taiwan is through an online provider. Skrill is the cheapest and fastest online provider, with the total cost of a TWD-AUD transfer being 2.7% of the transfer amount, including all fees and exchange rates.
There are several apps that can be used to send money to Taiwan from Australia, including Wise, WorldRemit, and Western Union. Wise is free from hidden fees, and you can save your favourite currencies to check how the exchange rate changes over time.
The time it takes to send money from Australia to Taiwan depends on the provider and payment method. On average, 64% of Wise transfers arrive in under 20 seconds, and 95% arrive in less than a day. Skrill is also a fast provider, with an average transfer time of a few minutes.
The information required to send money from Australia to Taiwan may vary depending on the provider and the amount being transferred. Generally, you will need to provide the recipient's name, address, and bank account information. If sending via Wise, you can transfer money using just the recipient's mobile phone number or email address.


















