Exchange Rate

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Summerholiday

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Oh. I mean I ask her if I activate the ATM card. I don't quite understand this part too. Maybe she mean that we cannot go to counter to withdraw money for exchange to twd?? But she confirm that we can bring cash to exchange at counter but must remember to bring passport along
 

calkel20

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Oh. I mean I ask her if I activate the ATM card. I don't quite understand this part too. Maybe she mean that we cannot go to counter to withdraw money for exchange to twd?? But she confirm that we can bring cash to exchange at counter but must remember to bring passport along

So if you do not understand, trust me, your questions, she might not even have a model answer. Please try to call again. Alternative , visit a branch office or self activation thru ib or atm machine.
:)
 

Gixxerfied

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Go sg ATM activate overseas withdrawal service..after the last big posb scam om the cards,mas now ask all bank to deactivate overseas withdrawal on the atm card..customer have to manually activate if needed..

And what they say is correct, their system dont have the rights to access ur sg database.u need to give them cash.
 

Summerholiday

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Oh. I called to taiwan dbsbank. Not Singapore dbsbank.
It's a bit confusing on
1) withdrawal at ATM at taiwan for twd,
2) withdrawal at taiwan through counter for twd,
3) take cash to exchange directly at taiwan DBS ( this part the CSO had confirm can be done without extra charges)
 

calkel20

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Oh. I called to taiwan dbsbank. Not Singapore dbsbank.
It's a bit confusing on
1) withdrawal at ATM at taiwan for twd,
2) withdrawal at taiwan through counter for twd,
3) take cash to exchange directly at taiwan DBS ( this part the CSO had confirm can be done without extra charges)

1 can be done upon activation locally in Singapore.

2, i doubt unlikely possible.

3 been there done that at least 3 times over the last few months.

Hope that answers your queries. Hasn't we all been pointing number 3 can be done all these while since 2012?
 
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calkel20

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no extra charge but rate kns.

i withdrew 20k ntd and was charged approx $863. means rate is 23.17.

I call this number +886266128280

I asked the CSO over the counter at what rates if i make withdrawal using Singapore POSB card at Taiwan DBS atm, she mentioned base on the closing rate end of day. I asked further, Taiwan or Singapore? She said not sure. Thus you can try on a small figure if you are adventurous enough.
 

Summerholiday

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1 can be done upon activation locally in Singapore.

2, i doubt unlikely possible.

3 been there done that at least 3 times over the last few months.

Hope that answers your queries. Hasn't we all been pointing number 3 can be done all these while since 2012?

I jus found this helpful thread recently :p. so didn't quite understand at first. I guess option 3 can be my backup if by May I still didn't change enough. Thanks for all the good people here for the daily twd update
 

calkel20

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I jus found this helpful thread recently :p. so didn't quite understand at first. I guess option 3 can be my backup if by May I still didn't change enough. Thanks for all the good people here for the daily twd update

Just select withdrawal from atm as your last choice.
There are not many money changers in Taiwan, mainly banks. Their services are from 8:30am-4pm .

Shopping malls do not accept Singapore dollars. Mainly CNY,JPY,USD,EUR and GBP.

Hope this info will help you a lot.
 

strife2

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suggest withdrawal @ dbs taiwan atm done at emergencies, after office hrs.
reason being i think the rate is drastically lower... mine was at least 0.5 lower than prevailing rates...
 

calkel20

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suggest withdrawal @ dbs taiwan atm done at emergencies, after office hrs.
reason being i think the rate is drastically lower... mine was at least 0.5 lower than prevailing rates...

If in your case, i would have save my last bit and signed the rest off and gain points off CC.
 

calkel20

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Megabank(See 2nd column)
23.47
Megabank

Bank of Taiwan(Cash>Buying: 1st column)
23.41
Bank of Taiwan

Both above is at Taoyuan Intl Airport. NT$30 admin charges per transaction..

DBS Taiwan(4th Column)
23.817
DBS Taiwan

Traditionally if SG(Local) changers is offering above 23.xx then Taoyuan Rates wont be so attractive. If SG side goes below 23 then Taoyuan would usually be slightly better..

But nothing beats DBS Taiwan if you have the time to go change. Just change abit locally and a bulk of it there.

Anyone knows what is the taipei xchange rate now? Or what's the website.

Revert to Gixx link.
 
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