Exchange Rate - Part 2

[YNWA15]

why use revolut when youtrip's withdrawal fee is only $5 per withdrawal?
Assuming u withdraw 20k NTD and its $5 withdrawal fee.... its only 0.56%?

Not sure it is true, i was told by one of my colleague actually for Youtrip withdrawal, it is $5 + $x? $5 charge from Youtrip card and $x from the bank you are withdrawing from?

Anyone can confirm?

 

[Seifer28]

Not sure it is true, i was told by one of my colleague actually for Youtrip withdrawal, it is $5 + $x? $5 charge from Youtrip card and $x from the bank you are withdrawing from?

Anyone can confirm?

Please see my previous post #1,284
https://forums.hardwarezone.com.sg/threads/exchange-rate-part-2.5721636/post-144995794If the local bank charges a withdrawal fee, you will be charged regardless you use Youtrip or Revolut.
This is something your fintech card cannot siam because its something outside their ecosystem

 

[kkboy1]

Please see my previous post #1,284
https://forums.hardwarezone.com.sg/threads/exchange-rate-part-2.5721636/post-144995794If the local bank charges a withdrawal fee, you will be charged regardless you use Youtrip or Revolut.
This is something your fintech card cannot siam because its something outside their ecosystem

For youtrip, the pin number is the 4 digit pin number for withdrawal also?

 

[Joelleyuan]

I don't have revoult or youtrip.
is it advisable to use DBS mastercard debit card to withdraw from ATMs in taipei?

 

[koolkool]

Hi. Quick update. I managed to withdraw from atm in taoyuan airport terminal 1 at at rate 22.375 after including the $5 youtrip fee. There are only 2 banks atm in terminal 1 1F. Bank of Taiwan and mega. Easy to spot.

 

[calkel20]

Hi. Quick update. I managed to withdraw from atm in taoyuan airport terminal 1 at at rate 22.375 after including the $5 youtrip fee. There are only 2 banks atm in terminal 1 1F. Bank of Taiwan and mega. Easy to spot.

Good rates and sharing
How much did you withdraw?

 

[koolkool]

Good rates and sharing
How much did you withdraw?

I can't find any Shanghai bank or Fubon bank Atm at the arrival hall, so I just use Bank of Taiwan Atm withdrawing 2 x 20k NTD. There are 2 bank of Taiwan atm and 1 mega atm

Just for info, the currency exchange at the arrival hall I noted exchange at 22.0x to 22.1 Friday evening around 8 pm+. Not sure now Change Alley what is the rate.

But still recommend using youtrip to withdraw money if you drawing close to NTD 20k. Atm can select English. Choose international card, then choose savings account. Very easy to use, just like using Atm in Singapore.

 

[koolkool]

For youtrip, the pin number is the 4 digit pin number for withdrawal also?

Yes

 

[Obviouslylah]

Spend using amaze yesterday rate is 22.22. Not too bad.

 

[ahber79]

I'm thinking of withdrawing from the ATM in Taoyuan airport using the Youtrip card. Mastercard rates are much better than changing the money locally with at the money changers, (even after factoring in the SGD5 overseas ATM withdrawal fee).

Saw that Bank of Taiwan has ATM that allows maximum amount per transaction of NT$60,000, instead of the usual limit of NT$20,000 or NT$30,000.
https://www.bot.com.tw/English/BankServices/ICATMCard/Pages/default.aspx

Anyone knows where is this ATM located in the airport? I will be arriving at Terminal 2.

Couldn't find the ATM locator page on the Bank of Taiwan website.

 

[Seifer28]

I'm thinking of withdrawing from the ATM in Taoyuan airport using the Youtrip card. Mastercard rates are much better than changing the money locally with at the money changers, (even after factoring in the SGD5 overseas ATM withdrawal fee).

Saw that Bank of Taiwan has ATM that allows maximum amount per transaction of NT$60,000, instead of the usual limit of NT$20,000 or NT$30,000.
https://www.bot.com.tw/English/BankServices/ICATMCard/Pages/default.aspx

Anyone knows where is this ATM located in the airport? I will be arriving at Terminal 2.

Couldn't find the ATM locator page on the Bank of Taiwan website.

interbank withdrawal is 20k
you using youtrip withdrawing from Bank of Taiwan ATM is considered as interbank

 

[Joelleyuan]

interbank withdrawal is 20k
you using youtrip withdrawing from Bank of Taiwan ATM is considered as interbank

Hey bro, do you know are there additional fees when using dbs debit card(mastercard) to withdraw from ATM in taiwan?

 

[Obviouslylah]

I'm thinking of withdrawing from the ATM in Taoyuan airport using the Youtrip card. Mastercard rates are much better than changing the money locally with at the money changers, (even after factoring in the SGD5 overseas ATM withdrawal fee).

Saw that Bank of Taiwan has ATM that allows maximum amount per transaction of NT$60,000, instead of the usual limit of NT$20,000 or NT$30,000.
https://www.bot.com.tw/English/BankServices/ICATMCard/Pages/default.aspx

Anyone knows where is this ATM located in the airport? I will be arriving at Terminal 2.

Couldn't find the ATM locator page on the Bank of Taiwan website.

Its near telco booth where u set up ur sim card. Can ask visitor centre counter if u cant locate it

 

[Seifer28]

I don't have revoult or youtrip.
is it advisable to use DBS mastercard debit card to withdraw from ATMs in taipei?

if you don't have, then go apply
why insist to go with traditional bank cards when u alr know fintech cards will do you better?

 

[kkboy1]

I'm thinking of withdrawing from the ATM in Taoyuan airport using the Youtrip card. Mastercard rates are much better than changing the money locally with at the money changers, (even after factoring in the SGD5 overseas ATM withdrawal fee).

Saw that Bank of Taiwan has ATM that allows maximum amount per transaction of NT$60,000, instead of the usual limit of NT$20,000 or NT$30,000.
https://www.bot.com.tw/English/BankServices/ICATMCard/Pages/default.aspx

Anyone knows where is this ATM located in the airport? I will be arriving at Terminal 2.

Couldn't find the ATM locator page on the Bank of Taiwan website.

Bank ATM is located everywhere in terminal 1, not sure about terminal 2.

Currency exchange rates is at 22.0-22.1 for sgd at Taoyuan airport. Just arrive today

 

[pawn_king]

I suppose you need a physical youtrip card to withdraw from the overseas atm?
how long does it take for the card to be delivered to you after application?

Or can use youtrip app (NFC) on phone to withdraw?

 

[Seifer28]

I suppose you need a physical youtrip card to withdraw from the overseas atm?
how long does it take for the card to be delivered to you after application?

Or can use youtrip app (NFC) on phone to withdraw?

https://support.you.co/hc/en-us/art...ke-for-my-YouTrip-card-to-be-delivered-to-me-

 

[Obviouslylah]

Used amaze yesterday exchange rate is 22.31.

 

[Greent]

Just curious,

if such cards (amaze, youtip etc) can give such an attractive rate even after the handling fees (5 dollars right per transaction ?) and can be withdrawn most of the local banks teller
then seriously no point going to Money Exchange in the future ...
just hold a bit of cash when arrival for the initial part ...

 

[darcbleu]

Just curious,

if such cards (amaze, youtip etc) can give such an attractive rate even after the handling fees (5 dollars right per transaction) and can be withdrawn from the local banks
then seriously no point going to Money Exchange in the future ...
just hold a bit of cash when arrival for the initial part ...

ya i think i will try next month when i go over.

Bank ATM is located everywhere in terminal 1, not sure about terminal 2.

Currency exchange rates is at 22.0-22.1 for sgd at Taoyuan airport. Just arrive today

so most of the ATM outside available to withdraw? all same rate which follow mastercard right?