💸 Money Transfer

A widely used international money transfer service known for transparent fees and real mid-market exchange rates. About Wise: Wise (formerly TransferWise) is a UK-founded international money transfer platform that lets users send money between countries and hold balances in multiple currencies, using the real exchange rate rather than a marked-up rate. Key Features: Real Exchange Rate: Uses the actual mid-market rate, with fees shown upfront and separately. Multi-Currency Account: Hold and convert between dozens of currencies in one account. Wise Card: A debit card that can be used for spending abroad, drawing from your Wise balance. Fast Transfers: Many transfers arrive within minutes to a couple of days, depending on the corridor. How to Get Started: Create a Wise account and verify your identity with your ID or passport. Add the recipient's bank details and the amount to send. Pay in from your bank account or card and confirm the transfer. Track the transfer's status until it arrives. Important Notice: While Wise is transparent about its own fees, the exact receiving experience into a Taiwanese bank account can still depend on the receiving bank's processing time — check estimated arrival times before relying on it for time-sensitive payments.

An international remittance app focused on fast, affordable transfers, particularly popular for sending money home from abroad. About Remitly: Remitly specializes in cross-border remittances — sending money from one country to family or others in another — with a mobile-first app experience and a choice between faster and cheaper delivery speeds for each transfer. Key Features: Speed vs. Cost Choice: Pick an "Express" faster option or an "Economy" cheaper option for each transfer. Multiple Payout Methods: Recipients can often receive funds via bank deposit, depending on the country. Rate Transparency: See the exchange rate and fee before confirming the transfer. First-Transfer Promotions: New users are often offered a discounted or fee-free first transfer. How to Get Started: Download the Remitly app and create an account, verifying your identity. Enter the recipient's details and choose a payout method available in Taiwan. Select Express or Economy speed and review the total cost. Pay from your card or bank account and track the transfer to delivery. Important Notice: Available payout methods and exact delivery times into Taiwanese bank accounts can vary — confirm what your recipient can actually access before sending, especially for time-sensitive transfers.

One of the world's oldest and most widely available money transfer networks, with both cash pickup and digital options. About Western Union: Western Union has operated international money transfers for well over a century and maintains one of the largest physical agent networks in the world, alongside its own app and website for digital transfers. Key Features: Wide Agent Network: Cash pickup and transfer locations available in most countries worldwide. Multiple Send Methods: Transfer from the app, website, or in person at an agent location. Flexible Payout: Recipients can often choose cash pickup or bank deposit depending on the country. Established Trust: Long operating history and broad regulatory recognition across markets. How to Get Started: Use the Western Union app, website, or visit a physical agent location. Enter the recipient's details and choose how they'll receive the funds. Pay by card, bank transfer, or cash at an agent location. Share the tracking number (MTCN) with your recipient if they need it for pickup. Important Notice: Fees and exchange rates for Western Union can be higher than app-only competitors like Wise, especially for cash pickup transfers — worth comparing the total cost against alternatives if your recipient can also receive a bank transfer into a Taiwanese account.

Send money home from Taiwan through a remittance app built specifically for the island's migrant workers, with cash pickup available at 7-Eleven, FamilyMart and other convenience stores. About SET: SET is a Taiwan-registered remittance app (SET Co., Ltd.) built specifically for Taiwan's large migrant worker population — over 700,000 workers from the Philippines, Vietnam, Indonesia and Thailand, who collectively remit an estimated US$4 billion home each year. It runs on settlement partnerships with Taishin Bank, King's Town Bank and Western Union, letting registered users send money by bank deposit or cash pickup, and later added an online shop for daily goods and community events for Taiwan's migrant worker communities. Key Features: Cash Pickup or Bank Deposit: Send money to the Philippines, Vietnam, Indonesia or Thailand by direct bank deposit or cash pickup at the recipient's end. Convenience Store Access: Complete a remittance in person at 7-Eleven, FamilyMart, Hi-Life or OK Mart, not just through a bank branch. Fast Registration and Transfer: Sign-up is designed to take about a minute, with funds typically received within a few minutes of sending. Community and Marketplace Features: Beyond remittance, SET runs an online shop for goods like phone cards and daily supplies, and organizes offline community events for migrant workers. How to Get Started: Download the SET app and register using your Alien Resident Certificate (ARC). Complete identity verification within the app. Choose your destination country and transfer method (bank deposit or cash pickup), and enter the amount to send. Complete the transfer at a supported convenience store or through the app, and track the transaction status. Important Notice: SET currently supports remittances to the Philippines, Vietnam, Indonesia and Thailand specifically — it is built around Taiwan's largest migrant worker communities rather than covering every country, so confirm your destination is supported before relying on it.