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Taiwan · Money TransfersSET
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.
What it helps with
- Sending salary homePopular routes.
- Paying at a convenience storeCash payment.
- Tracking a transferIn the app.
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.
Before you use it
- Sign-up: Sending money from Taiwan needs an ARC and identity verification.
- Limits: Annual remittance limits for foreign residents are set by the Central Bank and checked by the provider.
English available
Local ID needed
14
Frequently Asked Questions
- Does SET work with a foreign bank card in Taiwan?
- Not reliably - a foreign card may be declined. Check the notice above, or plan to use a local payment method.
- Is SET available in English?
- Yes, SET has an English-language interface.
- Do I need a local phone number to use SET?
- No, an international phone number generally works for SET.
- Do I need local ID or residency for SET?
- Yes, SET requires local ID or residency status.
- Where can I use SET?
- iOS · Android · Web
- How much does SET cost?
- Fee and rate shown before sending
