Send Money to Taiwan: All Transfer Options Compared

Taiwan has limited provider coverage on RemitRoutes: MAX Exchange is the regulated crypto off-ramp for TWD, and Remitly is the primary traditional option. Recipients receive TWD via major Taiwanese banks.

How to send money to Taiwan

  1. Choose your send currency — USD is the most common for sending to Taiwan (TWD). RemitRoutes shows the available options for USD and other supported send currencies to TWD.
  2. Compare providers on RemitRoutes — Taiwan has very limited provider coverage: MAX Exchange (crypto) and Remitly (traditional) are the primary options currently available. Enter your amount to compare both.
  3. Pick a bank or crypto route — Remitly deposits to Taiwanese bank accounts — Cathay United Bank, CTBC, E.SUN, and others. MAX Exchange settles the crypto leg on-chain and withdraws TWD to a local bank account via inter-bank transfer.
  4. Enter recipient details — For Remitly, you need the recipient's bank name and account number. For MAX Exchange, the recipient needs a verified account (Taiwanese national ID required).
  5. Pay and track your transfer — Remitly Express arrives in minutes; Economy takes 3–5 business days. Crypto rails via MAX Exchange settle on-chain in seconds; TWD bank withdrawal adds a short processing window.

Compare Taiwan transfer corridors

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Frequently asked questions

What is the cheapest way to send money to Taiwan?

RemitRoutes compares MAX Exchange (crypto) and Remitly in real time. With only two providers available, comparing both carefully for your specific amount is important.

How long does a transfer to Taiwan take?

Remitly Express arrives in minutes; Remitly Economy takes 3–5 business days. Crypto rails via MAX Exchange settle on-chain quickly, with TWD bank withdrawal adding a short processing window for verified accounts.

What is MAX Exchange?

MAX Exchange (operated by MaiCoin) is a regulated Taiwanese cryptocurrency exchange licensed by Taiwan's Financial Supervisory Commission (FSC). It supports TWD deposits and withdrawals via local bank transfer.

Why are there so few providers for Taiwan?

Taiwan is a high-income economy with strong domestic banking infrastructure, which limits the number of remittance-focused services. RemitRoutes compares the providers that do cover the corridor and updates results in real time.

Can I send USD to Taiwan?

Yes. USD→TWD is the main corridor supported on RemitRoutes. Remitly serves this corridor directly; MAX Exchange provides a crypto rail alternative.

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